So here's my situation....I want to start trading full time I'm in Los Angeles I'm thinking I should look for a prop firm because I've never traded and I need a mentor. Where is a good one in Los Angeles????? So far I found 2. Assent and Chimera. I like what I hear from Chimera but I have to wait for the next recruitment period which is in a few months just to get a shot. I'm not sure I want to trade stocks, fx, derivatives, etc. But I'm leaning towards fx because it is around the clock, easier to trade anywhere in the world, and I can trade at home after I come back from trading at the prop firm?, and I have the series 3. What to do? Any comments is appreciated.
Lambo, I'd go with fx. I have day/ swing traded stocks, with little success, but when i switched to fx, I find it easier because: 1. 24hr market 2. 400:1 leverage unlike 3:1 in stocks 3. Not as many crosses to keep up with...i watch mainly USD/JPY, GBP/USD, EUR/USD, AND AUD/USD. 4. Very liquid, no major players can manipulate price, to the extent that they can in stocks/ futures check out a website called forexfactory.com