Senior Market Analyst @PrimeXBT | Crypto & FX | Prop Firms | CMT Candidate
Sweden
Joined October 2017
- Tweets28.6K
- Following1.2K
- Followers31.6K
- Likes26.6K
Pinned Tweet
Passed the CMT Level 3 exam!!
It's been an amazing journey these last few years and the CMT curriculum is definitely some of the best material on technical analysis out there.
It gave me a much more holistic view of the markets than I had going in. Super excited to be able to apply all of this in my system building and analysis.
Big thank you to the @CMTAssociation and to the wonderful CMT community, which turned out to be the best part of this journey!
Jonatan Randin retweeted
you can't compare proper portfolio management with prop firm trading. it's two completely different things.
the way you trade prop firms will never work in the portfolio management industry.
you can buy 10 evaluation accounts, blow them all, but then make the money back on the 11th. if you try that with a $10 million portfolio, you're not going to have a lot of clients.
this does not have to mean that prop firm trading is in any way inferior but it's two completely different ways of trading. one is focused on long-term wealth preservation and the other on short-term gains where you can make money without necessarily having a long-term consistently profitable strategy
you can still be very profitable trading prop firms without having a system that is always profitable. it's all about making sure that you squeeze everything out of your system when it's giving you a winning streak
For 40 years, bonds were the safe side of a portfolio. When stocks fell, bonds usually rose.
In 2022 that broke. Stocks and bonds fell together, and a classic 60/40 portfolio lost about 16%.
In a crisis era, "safe" can change fast.
Why is everyone whining about @tradingview? I honestly don't see a difference 🤷
What have I missed?
Most traders pick their trading style far too early.
Then they spend years wondering why it never worked.
Here's how to pick your style, in 10 points:
1. Most traders pick the exciting style first.
10. The style you want may not fit you.
I still sometimes want to be that trader, done by lunch.
But that's the trader I want to be, not the trader I should be.