Transition to full time trader quitting school and work

Hey guys, ive been out from work the whole week, i have a terrible sinus infection.

Liquidity is now a real issue with these small companies getting in and out of them is much more difficult with my account size being doubled to 400k. I spent all weekend working on the new system I mentioned before, im hopping its finalized in the next 6 months. So far so good its just double the amount of work for me after hours for trade logging and screening for new trades. I had big day on Monday since many of these smaller companies are energy related on the tsx v. Im hopping i can continue doing well in the future and the new system to be finalized.

take care
 
frooze said:
Wow, that's really cool. And really sorry to hear about your health, hope you are doing better?
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Yes i am thank you,

Was a pretty bad day for me since a lot of these equities are gold/oil exploration. So I go into recovery mode tomorrow, i usually get 1-2 days a month like this, but im still up a good amount for the week. I am up about 1.5% for the month which is a little lower than average. I will be spending tomorrow closing out most of my positions.
 
apo99 said:
I also don’t use a technical system, just price action and volume and reading the bid/ask. I feel like my small cap system is more of an art form than anything else. If you approach trading with a purely mechanical system I think you will get cut down after some time. My dream is to become a full time trader in the next 3-4 years and would greatly appreciate if you guys can tell me how you transitioned into full time traders and what were some of the challenges you guys faced?
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The answer to your question is in your question itself. :)

Your fear is that one day you may loose your edge.

You have a natural awareness that mechanical trading will sooner or later loose it's edge and that the real edge is your creativity.

Creativity is an ever green edge. Trading profession throws at you abundance of opportunities but in creative ways not mechanical ways.

If you are a natural creative trader then full time trading is one of the best option provided it is your ambition. :)
 
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rajesheck said:
The answer to your question is in your question itself. :)

Your fear is that one day you may loose your edge.

You have a natural awareness that mechanical trading will sooner or later loose it's edge and that the real edge is your creativity.

Creativity is an ever green edge. Trading profession throws at you abundance of opportunities but in creative ways not mechanical ways.

If you are a natural creative trader then full time trading is one of the best option provided it is your ambition. :)
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Thanks rajesheck

Same name as the the trader in margin call?

I believe creativity is necessary to succeed, i also on trade these less than liquid markets since i believe there is more opportunity for small traders like myself to make it.

thanks again
 
rajesheck said:
The answer to your question is in your question itself. :)

Your fear is that one day you may loose your edge.

You have a natural awareness that mechanical trading will sooner or later loose it's edge and that the real edge is your creativity.

Creativity is an ever green edge. Trading profession throws at you abundance of opportunities but in creative ways not mechanical ways.

If you are a natural creative trader then full time trading is one of the best option provided it is your ambition. :)
More...

I couldn't agree with you more, there is nothing compared to the joy you get when you do what you do in the best way possible. In forex that can come 100% when you are at it yourself!
 
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