Hello,
I have been trading my own account for over six months (part time whilst at work) and genuinely believe I am good enough to trade for a firm but unfortunately seem to come unstuck amid the plethora of tests (maths, McQuaig, psychology etc) that most firms put infront of you these days.
However, I do have a trading record (live money) but before I embarrass myself (and waste anyone's time) applying with this and this alone, I would like to ask two questions:
1. If you can trade and make money consistently week in, week out and you can prove this with a record of a live account BUT your style is that you position trade - so you may perhaps make one or two trades per week, are you likely to get a job with a firm? From what I have read I have been led to believe they want scalpers that trade frequently for volume / risk reasons.
2. What is considered a good record? If I could demonstrate an account increase from just £100 to just over £10,000 (over several hundred trades in a six month period) is this good enough? I read in another post on here that it's not the amount they are looking for but the consistency of the wins but then again, if you won frequently (and average win was far bigger than average loser) but you had only turned £1,000 into say £5,000 I wouldn't think that would be good enough....
Well thats's about it - any help would be greatly appreciated!
P.S Does anyone know of any firms that might appreciate my style?
Thanks,
Chester
I have been trading my own account for over six months (part time whilst at work) and genuinely believe I am good enough to trade for a firm but unfortunately seem to come unstuck amid the plethora of tests (maths, McQuaig, psychology etc) that most firms put infront of you these days.
However, I do have a trading record (live money) but before I embarrass myself (and waste anyone's time) applying with this and this alone, I would like to ask two questions:
1. If you can trade and make money consistently week in, week out and you can prove this with a record of a live account BUT your style is that you position trade - so you may perhaps make one or two trades per week, are you likely to get a job with a firm? From what I have read I have been led to believe they want scalpers that trade frequently for volume / risk reasons.
2. What is considered a good record? If I could demonstrate an account increase from just £100 to just over £10,000 (over several hundred trades in a six month period) is this good enough? I read in another post on here that it's not the amount they are looking for but the consistency of the wins but then again, if you won frequently (and average win was far bigger than average loser) but you had only turned £1,000 into say £5,000 I wouldn't think that would be good enough....
Well thats's about it - any help would be greatly appreciated!
P.S Does anyone know of any firms that might appreciate my style?
Thanks,
Chester
