Prop training/spreadbetting paralysis!

Renatogrant

Junior member
Messages
33
Likes
2
Hi all,
Great site! New to it but loving all the info from new & seasoned traders alike. The learning for me never ends!

So here's my dilema. Been studying the markets & trading by myself for 8 years, reading, studying, papertrading, trial & error with indicators, S&R etc etc, been using a platform called Omnitrader & EOD data trying to learn to trade methodically & systematically following a system, which evolves weekly like my hairstyle but we wont go there! Find myself now engrossed in FOREX just concentrating on EUR/USD and GBP/USD.Risky but love the volatility! So I open a uk spreadbetting A/C to spread the currencies as my limited capital ( money i can afford to lose!) means I cant do it any other way right now. Means I can also use my EOD Data and apply it to the daily charts provided and work off multiple timeframes using their live charts, all learning for me and applying different indicators to see which works best etc etc. ( amazing how far away you can place a stop at 25p a pipick! wont make/lose fortunes right now but watching the markets retrace and not take me out, then breakout, rocks!)

Anyways I digress! My dilemma is this, which i know has been addressed here but i need a new take on it. So I come across TCA markets. For 3k I can join their remote team, learn their system, buddy a trader/mentor and hopefully make many small losses and many larger profits. After 4 months, not 3, if alls well and im profitable I can continue trading their funds on a 50/50 split.

The website & presentation is cool, staff seem cool but my sceptical mind jumps in! Am I being idiotic in thinking that my 3k for training may be used to fund my ' live' company traded funds? If I am not profitable after 4 months do me and my now handed over 3k get kicked to the curb?

I like the sound of TCA and what they have to offer but i cannot find anyone ( other than the comments posted on their website which i cant take as gospel) who has or is on the remote training with them. I want to hear from someone who has or is doing it.

I love trading ( or my version of trading) and I want to go forward. I plan to continue running my small spreadbetting a/c for swing trades but I want to work alongside a reputable company and trade small lots to learn. Any advise. Sorry for the long blurb.

Can you guys help!

Renato
 
Top