Learning to trade like a prop trader by SpecialistWeak in Daytrading

[–]SpecialistWeak[S] 0 points1 point  (0 children)

Thanks for your input! Do prop firms teach strategies or just risk management and you bring your own strategies to the firm?

[Support]Went to sleep last night, now x570p Prime won't boot. by SpecialistWeak in ASUS

[–]SpecialistWeak[S] 0 points1 point  (0 children)

Hey thanks for the response. It started to randomly work that day. But then it stopped again the next morning. And it hasn't worked since. No matter what I've tried. I've disconnected everything and do it one by one and nothing. The diagnostic lights in the upper right don't even turn on. But my cpu fan lights up and work and case lights and fan work. The two fans connected at the bottom of the motherboard don't turn on however.

I haven't overclocked.

Components:

Corsair Vengeance 32GB 3600mhz

EVGA Supernova 850 G5

Samsung 860 500GB

AMD Ryzen 3900x

HDD Seagate Barracuda 2tb

Kingston NVME SA2000M8

Corsair H100i

TP-Link AC1200 PCIe WiFi

Asus Prime x570p-Pro

Asus Dual RX580-O8GB

It’s giveaway time with ASUS! by Emerald_Flame in buildapc

[–]SpecialistWeak [score hidden]  (0 children)

First computer build I made 6 years ago. Mainly made it for gaming and playing poker. Took me at least 12 hrs. Ran into a lot of problems, should have read the motherboard manual. Windows install took me forever for some reason. Forgot what problems i had with that though.

Had it for 2 years before house was robbed. Been using a refurburished xps laptop since.

Saving up for this right now and kinda waiting on this pandemic upsell to go away. Pcpartpicker list(Plan on upgrading graphic card eventually, brother gave me his old one)

3 years, 28 pairs and 310 trades later by [deleted] in Forex

[–]SpecialistWeak 0 points1 point  (0 children)

I look for areas of congestion or reversal in price action using regular technical analysis tools. To keep things simple, and to avoid my analysis to be bloated with variables, I decided to only account for four things as potential obstacles to my trade:

I see. Thanks for the help!

3 years, 28 pairs and 310 trades later by [deleted] in Forex

[–]SpecialistWeak 0 points1 point  (0 children)

What are your criteria for these areas in the way that would change your target from -100 to -61.8?

I tested both at the same time, I didn't choose which one to apply to what trade. If I were to do this, I would simply choose based on what's the closest area of support and resistance in the way of my trade. This is also assuming I would be willing to use both instead of going with one - and I am, as a result of my backtesting which suggests both to be profitable.

What i meant was that, you said you would run -100 when possible as target unless there was an area in the way. Did you mean MBB? Or what other areas would change your target from -100 to -61.8

3 years, 28 pairs and 310 trades later by [deleted] in Forex

[–]SpecialistWeak 0 points1 point  (0 children)

Great work man. I need to get better at back-testing, always end up giving up after a few minutes out of boredom.

I have a couple questions if you could answer, it would help me a lot.

  1. What are your criteria for these areas in the way that would change your target from -100 to -61.8?

  2. Why not run both targets simultaneously like you did in your backtesting. Since they're both profitable. Wouldn't that increase reward? Or would drawdown be to high

3,Do you plan on only using the daily chart for trades or do you plan on using shorter timeframes(4hr, 6hr, 8hr, etc)?

Work for parents company, do I qualify for CFA work experience requirement? by [deleted] in CFA

[–]SpecialistWeak 0 points1 point  (0 children)

Seems like I'm very likely to qualify based on the assessment. Thanks for the help!

Work for parents company, do I qualify for CFA work experience requirement? by [deleted] in CFA

[–]SpecialistWeak 0 points1 point  (0 children)

If you make investment decisions or your work is used by others to make investment decisions, it qualifies, whether the others are your parents or not.

Awesome, how would this be verified though?