Need some advice from experienced folks

darvas_trader said:

This is my first post. I am 30 yrs old doing my PhD. I trade my personal account. Have never traded with paper money. I started three years back with 1800$ and three stocks, NFLX, BRK-B and VIMC. After two years I made a few hundred with NFLX, lost more with VIMC and lost a little with BRK-B. It was march last year. I saw the market metdown borrowed 5000$ quit buy and hold strategy and started trading with ~6000$. My account balance now reads ~14000$. I am a short term (few days to a week) trend/momentum trader. I am INTP if anyone is interested. I trade because I think it is the most honest and unpretentious way of making money. Making money to me is more important than being right. I base my judgements on simple technicals and philosophies. I like using simple price volume relationships, support resistance and some candlesticks plus level 2 action, instead of complex derived indicators. My philosophy is that it is more important to make money than being right. So I cut my losses short. Given a 50% probability (it should be more though) that I have chosen the right trade, I stand to win more in the long run with this strategy.

I am considering going full time in a year from now, either from home or at a prop firm. I would have loved to do it on my own but I need more capital. Also I think I am just a novice and need to learn from being in contact with more experienced traders. Given my background can you suggest a career path for me. It is amazing but I do not know any trader in person and so I have to depend on a forum to make the most important decision of my life. Thats life I guess. It would be great if you could help me in any way.

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darvas_trader said:

ok since i did not get any reply let me rephrase my question:

1)what are the advantages/disadvantages of a prop shop?
2) What qualifications do you need to get in one?

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