I wasnt being sarcastic. I really want to know where these prop firms learn how to make money. They had to learn it somewhere. Is the book Trading and the Exchanges a good book?
....................................................... U wanna learn..........? get a box and a bunch of flats. open a small account learn to watch price 10,000 hours should do it. it takes 10k hours to get to the top of the heap for anything worthwhile in life. along the way ....... listen to your investment advisor, your neighbours, cocktail party chatter, the talking heads, the daily financial rags, the online news blurps....... get greedy once you win a few. blow the wad. navel gaze....... soul search. .............................. then re group write down the trading plan shut the talking heads off. keep a trading diary that will start to show the winners and your triggers and stops. risk 1% of capital per entry trade small. trade 2 win, not make a shit load to start....... live and breath this stuff while you are on the learning curve. keep it tight and play 'em close to your chest, just like Robert b. does at the poker table with the texas dolly. let the winners ride...... as paul tudor used to say......... " losers add to losers......." never get sucked in to this strategy. the market can go higher and lower than anyone can ever imagine, and it does........ once every trigger pull will not affect the long term outcome of your trading capital and your life....... and you have ice in your veins, your heartbeat never changes...... " then you have arrived............" ...................................... take lots of time off from the game. start a trust fund. teach a few others. the game has not changed in hundreds of years. they go up, down and sideways. always have, always will...... you can bet the farm on this price action continuing. give away some $ find a cause and some meaning to life. get balance. finally........ once you have it figured out, do not take it too seriously. ..................................................................... Donny , did i miss anything....... please advise. cheers, s and when they " puke em out" stay short.
Well I'm assuming he learned how to trade by...actually trading! Its like anything, learn the basics and then trial and error until you get something that fits. Definitely not easy as anybody will tell you
....................................... Bingo....... strap your ass into the saddle and ride the bucking bronco. s