I teach them what methods they are to trade, which markets can be traded, we have our own platform and charting program, they only find the signals and the platform does the rest for risk, averaging down, targets etc... They are mainly there to continue work on automating the signals and trade. There is three shifts. They are not funded in the sense you are thinking, although when I first started this is was $50k each. I sat and trained all that are still here as they were all layed off defense engineers at one time. And no I don't have any openings.
very good move from you : you managed to get very qualified staff with kind of security clearance - aka have a minimum of principles and can be trusted. so their job is : - automating the signal generator - trade all the risk, trade management being done by the software. Very good.
Most prop firms and HF's will not back anyone right away. Even if you have verified trades and proof of your performance they may still be hesitant to take you on. Sometimes you may have to put up some of your own money to show that you can produce consistently.
Just for the record, I didn't ask if you had any openings. Some of what you post strains credibility.
handle on the 1st one, did he/she work with you in your office, reason asking is ,it might be a good idea to hire a clerk and trade him/her, your no longer alone ,and if you backed them and took a percentage ,it's a win/win, handle, curious of how the interruption was ,unpleasant at first? , and for how long
hahahaha I really could not help laughing when I read that from an E-L-I-T-E T-R-A-D-E-R forum. Why is your pm nor working?
Trading is a very, very lonely business. And personally I like it that way. After all, that's why we escaped the rat race in the first place, no more shitty bosses, boring colleagues, subways, etc.... Just click on the BUY or SELL button and make money, even if you are in Tibet. ( And yes, you CAN trade from Tibet with your wireless laptop or tablet, I tried already )
Not really, SmallStops. But everyday I lay down for 30 minutes and I simply empty my mind. Any idea that pops up I just block it, mentally. Try this for just a couple of days and you will see how powerful this technique is. PS: some people (especially women) may experience some kind of "out-of-body" experience while doing this, and in that case I strongly suggest they stop immediately, trust me on this one...