Recommend to trade for a living ?

[Street Trader]

Steet Trader, I have read all of your posts and again I can confidentially say that you personally will not make it as a trader without hooking up on a regular basis with someone who has been around and is a strong winner.

Just reading all of my posts is enough for for you confident?

Who do you recomand to hooking up on a regular basis with someone who has been around and is a strong winner?

Thank you

 

[Turveyd]

Just reading all of my posts is enough for for you confident?

Who do you recomand to hooking up on a regular basis with someone who has been around and is a strong winner?

Thank you

As 99% and in the imortal words of Dr House 'everybody lies' trust nobody, listen to nobody!


Including me

 

[birzos]

I think maybe sometimes you're too much full of shit. No offense

Which is why you're all banging you heads against a corporate brick wall which I unfortunately helped design, but no hard feelings.

 

[aquarian1]

Hi all,

I don't have any license nor certificate, I am just a street trader.

I have been trading for years and lose a lot of money. I have bought many EAs, indicators, trading systems but none of them can make profit. I also have created a lot of systems and one by one wipe out live account as well… Finally I’ve found a strategy that works, it’s a swing trading strategy and I'm sticking with it now.

Unfortunately, I have spent all money in developing this system and now I just prove it can works on demo account.

So, what do you recommend for me to trade for a living for now on?

Thank you in advance.
Street trader

(Above you mentioned you put a question mark at the end of the topic - so to that I would generally say no - below are ideas to take from where you are now forward)


1. If you feel your system is solid and will remain so you could start a website and post your trades (sim trades) in real time with the stops you would use.

Give yourself and initial account e.g. $50,000 and show the transactions and the daily balance.

Post on your website that you are looking for partners.

Very few people are profitable and there are always some people with money but no trading system or trading knowledge.

---
2. You could also try Topstep traders - see if you think their criteria would be met by your system - which it might not be as they are day-trade oriented. (This NOT a recommendation of them or an endorsement of them - just a second idea.)

--------
3. If you have a friend who wants to learn - and has money to risk and a job - you could train that person and perhaps a few others in a class. Make clear to them that the odds are very high of losing money and have the class only trade sim until the course is done.

hope it helps

 

[777]

Just reading all of my posts is enough for for you confident?

Who do you recomand to hooking up on a regular basis with someone who has been around and is a strong winner?

Thank you

I do not know.

That would be the hard part.

If you find a big winner, remember what I wrote. See if you can be his assistant/ gopher.

Most likely every system you think of or buy has been tested my a PhD with a computer and database.

Trading is highly competitive now. You are up against the best of the best- both man and macine.

Also, they will have better execution and lower costs per trade. There are some trades where if I was given a winning quant signal I would lose due to these two factors. But also the competition really is the best of the best in all areas.

I will follow your journey if you keep posting and

....I wish you the very best in all that you do.

 

[Turveyd]

I do not know.

That would be the hard part.

If you find a big winner, remember what I wrote. See if you can be his assistant/ gopher.

Most likely every system you think of or buy has been tested my a PhD with a computer and database.

Trading is highly competitive now. You are up against the best of the best- both man and macine.

Also, they will have better execution and lower costs per trade.

I will follow your journey if you keep posting and

....I wish you the very best in all that you do.

But we have advantages, we trade small amounts we can get in and out pretty much immediately, they can't.

If you can think quick enough, you can just play, market is going up, join, its slowing, exit. ( i cant think fast enough )

Simple is key, the simpler the better and the more times it'll work.

 

[777]

But we have advantages, we trade small amounts we can get in and out pretty much immediately, they can't.

If you can think quick enough, you can just play, market is going up, join, its slowing, exit. ( i cant think fast enough )

Simple is key, the simpler the better and the more times it'll work.

Simple is only good if you have a true and meaningful edge. One that is not well understood- or it may go away.

We do not all have advantages that can make us win.

Certainly it is not true you can get in and out faster than your competition because you trade small. You will be slower.

Billion dollar trading firms on down have programs fighting over 100 shares.

But yes, if you are a savant (perhaps crystal ball) who somehow correctly predicts short term moves far better than the rest...

 

[Turveyd]

Simple is only good if you have a true and meaningful edge. One that is not well understood- or it may go away.

I could give you that if your a day trader no problem or charge, taken me years to perfect the use of, not quite there yet despite being really simple.

 

[profitlocker]

Which is why you're all banging you heads against a corporate brick wall which I unfortunately helped design, but no hard feelings.

Sure. We believe you

 

[Turveyd]

But yes, if you are a savant (perhaps crystal ball) who somehow correctly predicts short term moves far better than the rest...

It's NEVER about predicting, that's simply not possible to many variables, it's about Momentum and also advantage of how Retail traders on mass react badly.

Think back to all the trades where you just keep losing ( it's not Luck that's also not real, so rule that out ), what are you seeing/reacting badly to, then flip how you react on it's head.