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jy22
 

Registered: Sep 2012
Posts: 1

 

09-17-12 12:45 AM

Hi,

I am an electronic engineer in SF bay area with good talent on charting. My way of chart analysis has been showing that I can get almost exact low points on different time frames with high successful rates.

Could someone tell me that if there's any job position for me to use my chart analysis skill working for good traders or firms? By the way, I am not looking for a trader position.

Thanks a lot!

jy22

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seekingbuddha
 

Registered: Feb 2012
Posts: 7

 

09-22-12 11:22 PM

There are hundreds of people on the web who provide great charting. So, the question boils down to couple of things. What is your win/loss in predicting the future ( next day, next week, next month etc. since you say that you can do it on any timeframe); secondly, are you different from the numerous others who use mean reversion techniques for prediction.

As a former high tech professional, who has spent years studying financial markets, i can tell you that you will make more money in SF bay with lower risk of job loss, compared to wall street. I dont understand why you are looking for a charting job which is deadend.

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drm7
 

Registered: Aug 2010
Posts: 187

 

09-23-12 02:40 AM

Why not scrape together $10,000 and trade one lot of ES using your strategy? That way, you can a) earn some income to supplement your day job; and b) build up a track record to show trading firms.

Anyone can make backtests or "hypothetical" situations look good. Verified actual real-money results are what matters.

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southbeach4me
 

Registered: Jun 2009
Posts: 883

 

09-23-12 04:23 AM

If he can't make money by trading on his own using his chart methodology then hes shooting blanks and no one will give him the time of day.....end of story.

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nazzdack
 

Registered: Jul 2004
Posts: 8413

 

09-23-12 03:57 PM


Quote from jy22:
----electronic engineer....
----good talent on charting.
----I can get almost exact low points on different time frames with high successful rates.
----any job position for me....
----working for good traders or firms?
----I am not looking for a trader position.


You need to develop a "business ownership" mentality and not reinforce an employee's mentality.

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marketsurfer
 

Registered: Apr 2002
Posts: 5444

 

09-23-12 06:47 PM


Quote from drm7:

Why not scrape together $10,000 and trade one lot of ES using your strategy? That way, you can a) earn some income to supplement your day job; and b) build up a track record to show trading firms.

Anyone can make backtests or "hypothetical" situations look good. Verified actual real-money results are what matters.



Why 10k? Global futures NAND AMP allow 1k opening balance. Lose 500 of that and clearly your chart reading isn't accurate. No need to waste 10k.

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