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Search: Posts Made By: monpere

Forum: Traders Hideout

May 19th, 2011, 10:19 PM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

I don't think a 10k trading account is unlikely...

I don't think a 10k trading account is unlikely to succeed. I think success depends on how good of an overall trading methodology you have. If you a bad method, 10k is just as likely to fail as 100K

Forum: Traders Hideout

May 19th, 2011, 11:17 AM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

I don't trade an automated program. I trade...

I don't trade an automated program. I trade manually, using a strict mechanical rule set, with no discretion.

Forum: Traders Hideout

May 19th, 2011, 10:35 AM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

There are many great price action traders on the...

There are many great price action traders on the site, and hopefully they'll be able to give you some guidance. Myself, I'm not a price action trader, I am a mechanical scalper using indicators,...

Forum: Traders Hideout

May 19th, 2011, 09:10 AM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

You can't use conservative stops to learn, and...

You can't use conservative stops to learn, and use non-conservative stops when you trade real time, you will essentially be trading a different method. You want to learn using the exact same trading...

Forum: Traders Hideout

May 6th, 2011, 12:17 AM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

I know the conventional wisdom about sim, but sim...

I know the conventional wisdom about sim, but sim didn't work for me. For some reason I could not take it seriously enough, so I developed some bad habits with hit, because psychologically, I knew...

Forum: Traders Hideout

May 5th, 2011, 10:35 PM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

The mini Gold (YG) looks pretty interesting as...

The mini Gold (YG) looks pretty interesting as well.

Forum: Traders Hideout

April 18th, 2011, 07:09 PM

Replies: 97

What should a beginner learn to trade first?

Views: 38,290

Posted By monpere

Don't forget to day trade ETF's you will need a...

Don't forget to day trade ETF's you will need a pattern day trader's account, which requires $25,000 minimum funding. The advantage ETF's give you is in the share sizing granularity, you can trade...

Showing results 1 to 7 of 7

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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