So I got fired from my prop

Listen to Simon on "American Idol". Maybe this is just not for you.

Or, you need to do another style of trading -- long term vs day trading, income (option neutral) vs spec (directional).

I suggest that you read Tharp's book.
 
Harsh reality. I would think it would take more than 6 months for most of the people to be some what consistently profitable...

6 months sounds too early to tell whether you're cut out for it or not, and give up. But it might be a good time to think whether you like trading enough to keep going....
 
Quote from yxy:

Harsh reality. I would think it would take more than 6 months for most of the people to be some what consistently profitable...

6 months sounds too early to tell whether you're cut out for it or not, and give up. But it might be a good time to think whether you like trading enough to keep going....
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Depends on the firm. If your 100% prop (someone elses money) and doing intraday scalping, the reality is you are a statistic at most places, and they really dont care about you as an individual. They know x% suceed in 6 months, and that is their entire business plan.
 
Oh, yeah, business is business. You got to make money.

I was talking about him judging himself as a trader....
 
Quote from hawkman418:

how about sharing some trading strategies from that prop firm???:D :D :cool: :p
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Yeah please do...it sounds like top secret methodologies being implemented. :p
 
Do what you "want" to do. Go with your heart. This is a tough business to make it in, and if you really like it, keep on trying.
 
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