Question to Pro (in wish of your advice)

Sob stories are a dime a dozen with trading.
Get a job if you have no money to trade. That's just the hard reality of things and the situation you're in.
And even then, if you have money to trade...Most will Still fail either way, inevitably o_O in spite of all of their valiant efforts.

Not everyone can succeed in Hollywood. or winning in American Idol. or making the cut in Professional sports. -- or trading.
Or meeting the woman of their dreams, or buying the car of their dreams, or espresso machine of their dreams...keyword: dreams.
2018 ET.
 
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Nah, not for that spent fully. But thanks :)

dm, you've edit your message 10 times, I've got your point of view.
I'm not saying I want to be a pro, I just say have no chance to prove my profitability quickly. And in the end, it seems there is no need to prove, it is much better to get minimal sum a trade by own, I don't understand why I have to get a job, if I can hit 100 & 200 bucks a day doing my real job.
 
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humbletrader2016 said:
I wish there is a shortcut to tell you, but there is none.

I were in similar situations like yours before. Worst part is when I fell to the bottom, I got no support from anybody including the close ones. They all disappeared slowly.

It took more than a decade for me to figure out how to trade like an elite trader with stable income. By the time I created some reliable trading systems to trade which I spent more than 14hrs a day and close to 360 days/year for 6 to 7 years, I was broke and out of professional jobs because my skills and knowledge were outdated. By the way, I graduated from well-known universities in Canada with three degrees related to computer science & finance. I also worked for financial industry for more than 8-year with good salary package. I quit my full-time job so I could concentrate on being a day trader and a boss of my own. Guess what, I ended up to work as a general labour during weekdays and a construction worker during weekend so I could earn some cash for living and getting back to this game.

Fast forward to the present, it took me more than a decade to trade profitably as a full-time trader and I only trade e-mini futures and options. I owned 2-house few years back which I just sold one with profits and selling another one at the present. I plan to trade and travel around the world by the end of this summer for the next few years.

If I were you, I would take Xela's advice to start Trading Combine 50K to try out your trading system in order to get you back to the game. Other than that, I don't see another way to get rich fast by using your trading system.

GOOD LUCK
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Is your system automated? Automated systems shouldn't take so long to develop if you know how to approach it and you can tell if it works or not.
 
1)never ever ever get into debt if at all avoidable. For me I don't even consider mortgage debt acceptable. I never bought a house or car or anything for that matter other than with cash (I don't live in the US hence do not have to care to maintain any credit score). But just don't get into debt to finance trading /gambling/play money.

2) sure if anyone hires you that would want to risk an investment on you with out any track record. I highly doubt it.

3) why should anyone invest in you without track record? There are incredibly dumb people out there so anything is possible I guess but is those the people you look to bait? Hopefully not.

4) you forgot a 4th option : get a job regardless how low the pay is. Then trade a small account If you truly have found your edge then after 2 or 3 years you can knock on hedge fund doors and show your track record . You will not be running a 100mil portfolio from day 1 but someone is gonna give you a shot to prove yourself given you walk in with a credible track record.

All else is just day day dreaming and dangerous thoughts that could potentially get you into really deep trouble with the mafia (if borrowing in the black market, which bank would extend 10k to your trading venture?) or with the law (when you get sued for having blown up your retail investors' account on some crazy trades.

GFX said:
Hello Pros!

I'm glad to finally be in the ranks of the guru!

Long story short:

I'm individual trader with about 5 (3 full) years of experience working on financial markets.

I as the many other was starting with FX, where probably most of us has spent many un-sleeped hours in front of the charts, and I believe best of us has spend more than they had, so I will not talk about it.

Today I'm at a crossroads, I achieved the desired result, I started to see the market, the strength of support and resistance, I see constantly repeating patterns, I'm touching the subversive alpha.

But, there is a problem, by the time I realized what is happening on the financial markets, I was absolutely without money, as I spent all my time studying this subject (so no work, no income)

Presumably from the current situation, I see three ways out.

1. I can take money in debt (at a bank or at acquaintances, etc.) and continue to do my job.

2. I pass the test of a trading company and try to survive on those money.

3. Provide previous work experience for 1 year so get be invested.

In the first case, it could have been burnt out, with a capital of say 10k, I could have ensured a stable income, but neither the bank nor my friends could afford such amount.

In the second case, let's prescribe this "TopStep", upon completion of the maximum package, I get 3 lots, so 30% of the risk is obtained when working with one lot. Difficult - but feasible.

The third case, did not take care of this a year ago, never tried to create statistics -- I could not trade.

---

By now, I literally have no time (no money) to live.

I do not expect that one of you will want to help me financially (of which I would certainly not have refused), but if you help me with advice, I would be very grateful.

I hope you will not advise me to get a job, I got this point myself, maybe there are other ways to get invested?

Thank you all for the time that was given to my message.

Sincerelly
GFX
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NoodleStrudle,

Thanks for your reply,

1) This is all clear, but often there are circumstances where a person is forced to take debts. In any case, we are not talking about this.

2) Again the question was in another, whether there is a method to be invested in case a person possesses the necessary skills without a previous history, -- it was clear from the answers that this does not happen.

3) for example, you fought for several years, and finally found existing constantly repeating entries. I was only mistaken in the fact that it would be interesting to someone, I naively assumed that the main thing was to win the market.

4)
It was thought out, it makes no sense to go to someone when you can earn money yourself, for example, with 10 thousand I can provide a stable profit every day, I do not need millions, I'm not ready to manage such money, but 100 and 200 thousand would give it the desired result.

In any case, I will start small, if I manage to get this money, in another case it is possible to hire, but if you talk about cleanliness, it's shit, working for someone when you spent several years of your life that you would not do it.

Thanks again for your help.

P.s. Attachment to smile, repeating it last month on different platforms with different instruments.
 

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All good, thanks for your respectful response. Just wanted to warn of potential pitfalls and dangers.

GFX said:
NoodleStrudle,

Thanks for your reply,

1) This is all clear, but often there are circumstances where a person is forced to take debts. In any case, we are not talking about this.

2) Again the question was in another, whether there is a method to be invested in case a person possesses the necessary skills without a previous history, -- it was clear from the answers that this does not happen.

3) for example, you fought for several years, and finally found existing constantly repeating entries. I was only mistaken in the fact that it would be interesting to someone, I naively assumed that the main thing was to win the market.

4)
It was thought out, it makes no sense to go to someone when you can earn money yourself, for example, with 10 thousand I can provide a stable profit every day, I do not need millions, I'm not ready to manage such money, but 100 and 200 thousand would give it the desired result.

In any case, I will start small, if I manage to get this money, in another case it is possible to hire, but if you talk about cleanliness, it's shit, working for someone when you spent several years of your life that you would not do it.

Thanks again for your help.

P.s. Attachment to smile, repeating it last month on different platforms with different instruments.
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NoodleStrudle, yeah, cool, I feel you wish all the good.

Another share, one more great week, XBT on Bitmex
0.1 BTC to 1 BTC in 5 days (thats demo so full deposit used on each entry)

Again, thanks to everybody's participation in the discussion, I hope will find the way and move to real account trade :)

Cheers
 

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