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Showing content with the highest reputation on 01/26/2023 in all areas

  1. 1 point
    Hi, Nice! only really headed out that way when going to Wilson's Prom a few times, I live on Ocean Road side of Melbourne so tend to head out that side more. Yeah people say that to mean people start and look at Andrew and he'll trade for 10 minutes and be up $5k and say he's done trading for the day, everyone loves the idea but most can't trade like Andrew. I started with BBT in July 2020 I think, short version of my story is I work in Finance and had an interest in markets. Swing traded a bunch of stuff at the bottom in 2020 when things were stupidly cheap and made a decent amount (like a years salary), no real strategy just knew people were panicking like previous crisis's and things were crazy cheap. Decided to use that money to give trading a shot because I got tired of climbing the corporate ladder and the politics of it, worst case I decided I'll come out breakeven on money from the market, put a little over PDT ($25k) in the account and started directly with IB. Heard all stories of blown up accounts so I kept a lot back and was only ever going to let it get down to the $25k so I was able to top up my account a number of times if I needed to. Traded too big at the start but then really scaled back to $20 risk per trade to make sure the amount I set aside would last and give me the time I needed. A lot of time in replay and a couple of failed tradebook attempts later I have my style that I like and works for me, I still tweak it here and there to nail it down for the success % + Risk : Reward I want then I'll move onto maintaining that while scaling up. Yeah no problem, just reach out if you have questions. I'm on here everyday working on trading.
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