From my point of view, it is about opportunity, and what CAN happen if you learn how to do this (trade). If $400 or $500 bucks is too much, it tells me that you are so risk averse that you won't be able to actually trade real money anyway. It will be too stressful for you. Go back to whatever day job you work and forget about this.
It's NOT about the $400 or $500, it's about getting ripped off by someone without a third-party audited track record (a conman). The amount of garbage out there is astronomical, including the old man in the above photo!!! I was lucky enough to start as a full-time professional trader on an actual trading desk in NYC, in 1998, straight out of college (Lightspeed Platform, own Bloomberg Terminal, base salary & health insurance, and beautiful Buying Power). All Ivy League grads, and I could see what worked by simply looking at their REAL PnL on their computer screens. And those days are long gone. So again, pretty please with sugar on top: THIRD PARTY AUDITED TRACK RECORD, OR RUN AWAY! And if you are lucky enough to find someone like that, who is also willing to teach, because as @SimpleMeLike and @Clubber Lang have eloquently stated, no trader worth his salt would be willing to share proprietary information at all, be prepared to shell out $30K-$50K+, and sign a Non-Disclosure Agreement (NDA), the size of the Yellow Pages. Welcome to Reality!!! PS. I am a BASE Jumper, so that should cover the "risk" part...
You pique my interest: So, what worked? Also, you started out day trading but when you came out trading your own funds, you moved away, why? Thank you.
What worked during that era no longer works, like Level 2, with ACTUAL BANKS listed on the Bid/Ask rows. You were like playing poker, but seeing the others hands. It was great (you could trade off CNBC, FFS). Once I had amassed enough capital, and after 5 years on the desk, I realized that the phase "learning from others" had passed, all future "learning" would be deeply personal. Also, high speed internet made it possible to trade from home. This was around 2003, so it was perfect timing, as I had done my 5 year "tour of duty". High Speed Internet at home!
Your comments are rambling, unfocused and bizarre Intelligent risk management is a critical element for success in financial markets In contrast, base jumping is just stupidity Fortunately once your chute fails, we won't have to listen to you complain. Dr. Brooks doesn't offer a single testable strategy. An adult, reading his work or watching the videos or even watching his interviews on YouTube, could develop a testable strategy. No NDA required then.
You are just hopeless and bitter. Ideal Candidate in a sea of charlatans... Just noticed that @Robert Morse put you in your "place". Hilarious... https://www.elitetrader.com/et/threads/general-comments-for-traders.378835/ "Your comments are rambling, unfocused and bizarre" Dude, HAVE YOU LOOKED AT YOUR OWN THREAD???
Figure it out Princess If my trade fails, I move on the next one If your chute fails, the police scrap your dumb ass off the ground, and we don't have to hear you complain anymore Sooner or later one of my trades IS going to fail and sooner of later your chute WILL fail. Which of us will survive? Bitter? I am laughing So, traders and aspiring traders, THIS is the level of intelligence I am finding on the website. I think its time to move on Good luck
I stopped BASE Jumping in 2014, started in 2003. So I will be around for a while! So, surviving just fine. Your hopelessness & bitterness are palpable! One pathetic little life... PS. Please DO move on, and do us all a favor.