My education background is math, science and accounting. In the last five years, I have been trading actively using my own account. In the first
two years, I traded equity and forex. I used Ameritrade, Etrade, Optionsxpress for my equity brokers. I used FXCM and Forex.com to trade
Forex. Due to my trading style has been focusing on intra-day; I tried trading futures in the third year, especially E Mini S&P 500. Since then, I
stopped trading equity due to many advantages of E Mini products compared to equity in term of day trading.
During the last five year trading, I have learned from the books, online mentors, conferences, and the most from self learning and losses. I have
been focusing my trading only on one symbol, ES in the last three years. I have established my own trading method, systems and strategies, which
I believe can produce consistent profit if they are implemented in discipline manner.
In the last four years, I have been using TradeStation which I think is one of the best trading platform for part-time trader like me. I have also
learned computer programming, Easy language, which sometimes I use to automate some of my strategies. As an amateur trader, I have been
planning since few years ago to become professional trader. However, I have great non trading career and my professional occupation pays me
quite well, therefore it is quite difficult to realize my dream to be professional trader. I have spent countless hours to study and practice trading, but
as any other professions in the world, I believe to be successful in trading profession, I must devote myself as full time trader.
All Proprietary trading firms concern is about performance. I believe I will be able to deliver that objective as long as there are continuous supports
in terms of training, mentoring and capital from the proprietary firm to perfect my trading systems and implementation. By learning from
professionals in Prop firm, I can leverage my systems and perfect them by absorbing some additional techniques from you. I therefore submit my
application and interest in joining your firm.
To illustrate my trading method, please review my charts attached. I recommend you open my files using widescreen monitor at least 20 inch to
give you better picture of my charts.
Chart 1; Please download it.
I use price pattern based on the combination of Fibonacci, Harmony, and Butterfly methods. Any price extension and retracement are identified by
yellow ratios (figures) such as 1.272, 1.414, 1.618, 2.236, 2.618, .382, .618, .786, .886. Those ratios are very much potential for price reversals.
The confirmation of price reversal can be identified by blue bar for entering long position and magenta bar for shorting. Parabola SAR can also be
used especially in trending environment. Most importantly, I use line break chart to filter the intra day minutes chart. The chart setting I use is 9
line break and 99 tick price interval.
Chart 2; Please download it.
The price pattern program I use is very lengthy and complex indicator, it uses up a lot of memory and sometimes is slowing down the computer,
especially if the volume tick transactions are getting busy. In addition to 9 line break and 99 tick price chart, I set up another shorter line break
chart at 3 line break and 33 tick price. This chart is useful to execute the position; either long or short is identified by L (long) and S (short) on the
chart. This is execution chart; therefore I do not need to insert my price pattern indicator that can slow down my computer.
Chart 3; Please download it.
This chart is very handy to identify different time frames from short period of time to longer period of time. There are nine time frames, 5 charts
using line break, 2 using tick charts, and 2 using minute chart. The more synchronize the charts on the same direction, the greater chance the trade
will go my way. I also added ADV, DECL and volume to help gauge the market sentiment.
Closing Statement
There are many additional charts and indicators that I use in my trading process, but I try to make it simple by focusing on these three charts. I
believe by introducing my secret method, any proprietary trading firm can gain mutual benefits from me. I like using number 9 as my lucky
number. Thinking about my expectations from proprietary trading firm, I also came up with 9 points of expectation:
1) It can be my mentor to perfect my trading systems and execution.
2) It provides no non sense training program to enhance my systems.
3) It provides real capital gradually commensurate with my performance.
4) It provides remote trading capability at home.
5) It advises me in the transition period from part-time amateur trader, with my current daily full time job, to full time professional trader.
6) It does not scam me such as prepayment of training programs, high deposits, administration and execution fees.
7) It can automate my trading systems.
8) It provides group health insurance for my family by the time I turn as full-time professional trader.
9) It can be my long term trading partner and establish fruitful relationship for many years to come.
One thing I promise is once I signed up with you, I will dedicate myself with all my commitment and trading skills and knowledge, to keep learning
and improving under your guidance so in the long run we are working hand in hand to accomplish our objectives.
I look forward to discussing this opportunity to develop our relationship in the near future. Thank you very much for your time.
two years, I traded equity and forex. I used Ameritrade, Etrade, Optionsxpress for my equity brokers. I used FXCM and Forex.com to trade
Forex. Due to my trading style has been focusing on intra-day; I tried trading futures in the third year, especially E Mini S&P 500. Since then, I
stopped trading equity due to many advantages of E Mini products compared to equity in term of day trading.
During the last five year trading, I have learned from the books, online mentors, conferences, and the most from self learning and losses. I have
been focusing my trading only on one symbol, ES in the last three years. I have established my own trading method, systems and strategies, which
I believe can produce consistent profit if they are implemented in discipline manner.
In the last four years, I have been using TradeStation which I think is one of the best trading platform for part-time trader like me. I have also
learned computer programming, Easy language, which sometimes I use to automate some of my strategies. As an amateur trader, I have been
planning since few years ago to become professional trader. However, I have great non trading career and my professional occupation pays me
quite well, therefore it is quite difficult to realize my dream to be professional trader. I have spent countless hours to study and practice trading, but
as any other professions in the world, I believe to be successful in trading profession, I must devote myself as full time trader.
All Proprietary trading firms concern is about performance. I believe I will be able to deliver that objective as long as there are continuous supports
in terms of training, mentoring and capital from the proprietary firm to perfect my trading systems and implementation. By learning from
professionals in Prop firm, I can leverage my systems and perfect them by absorbing some additional techniques from you. I therefore submit my
application and interest in joining your firm.
To illustrate my trading method, please review my charts attached. I recommend you open my files using widescreen monitor at least 20 inch to
give you better picture of my charts.
Chart 1; Please download it.
I use price pattern based on the combination of Fibonacci, Harmony, and Butterfly methods. Any price extension and retracement are identified by
yellow ratios (figures) such as 1.272, 1.414, 1.618, 2.236, 2.618, .382, .618, .786, .886. Those ratios are very much potential for price reversals.
The confirmation of price reversal can be identified by blue bar for entering long position and magenta bar for shorting. Parabola SAR can also be
used especially in trending environment. Most importantly, I use line break chart to filter the intra day minutes chart. The chart setting I use is 9
line break and 99 tick price interval.
Chart 2; Please download it.
The price pattern program I use is very lengthy and complex indicator, it uses up a lot of memory and sometimes is slowing down the computer,
especially if the volume tick transactions are getting busy. In addition to 9 line break and 99 tick price chart, I set up another shorter line break
chart at 3 line break and 33 tick price. This chart is useful to execute the position; either long or short is identified by L (long) and S (short) on the
chart. This is execution chart; therefore I do not need to insert my price pattern indicator that can slow down my computer.
Chart 3; Please download it.
This chart is very handy to identify different time frames from short period of time to longer period of time. There are nine time frames, 5 charts
using line break, 2 using tick charts, and 2 using minute chart. The more synchronize the charts on the same direction, the greater chance the trade
will go my way. I also added ADV, DECL and volume to help gauge the market sentiment.
Closing Statement
There are many additional charts and indicators that I use in my trading process, but I try to make it simple by focusing on these three charts. I
believe by introducing my secret method, any proprietary trading firm can gain mutual benefits from me. I like using number 9 as my lucky
number. Thinking about my expectations from proprietary trading firm, I also came up with 9 points of expectation:
1) It can be my mentor to perfect my trading systems and execution.
2) It provides no non sense training program to enhance my systems.
3) It provides real capital gradually commensurate with my performance.
4) It provides remote trading capability at home.
5) It advises me in the transition period from part-time amateur trader, with my current daily full time job, to full time professional trader.
6) It does not scam me such as prepayment of training programs, high deposits, administration and execution fees.
7) It can automate my trading systems.
8) It provides group health insurance for my family by the time I turn as full-time professional trader.
9) It can be my long term trading partner and establish fruitful relationship for many years to come.
One thing I promise is once I signed up with you, I will dedicate myself with all my commitment and trading skills and knowledge, to keep learning
and improving under your guidance so in the long run we are working hand in hand to accomplish our objectives.
I look forward to discussing this opportunity to develop our relationship in the near future. Thank you very much for your time.
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