Transitioning from Retail Trading to Prop Firm?

Discussion in 'Prop Firms' started by spectastic, Dec 3, 2020.

  1. You

    You


    That is very interesting. I completely agree.
    I've done many years of racing myself.
    I see many parallels with trading.

    Many think driving fast is easy, but like the market,
    the track conditions change almost every lap..
    your tire condition changes every lap,
    your brake performance also varies,
    Every lap, you have to make mental notes in how the car is changing, and remember to make small driving technique changes the next time you approach the same corner.

    Intra-day, I find it just as challenging to stay cool, clear minded in thought, remember past situations hours, days, months ago, calculating probability and adjusting risk constantly.

    People will ask, what's your technique and driving line through that corner.
    I'd answer, "it depends"

    It's the same with questions on market direction. "it depends".
     
    #71     Jan 10, 2021
    themickey likes this.
  2. Teach me how to be a scientist and ill teach you how to make money and keep it
     
    #72     Jan 11, 2021
    You likes this.
  3. RedSun

    RedSun

    Another dreamer of getting rich quickly. A lot people have been trading 10 or 20 years....
     
    #73     Nov 5, 2021
  4. toby400

    toby400

    #74     Dec 29, 2021