I'm very curious about day trading, I have been playing with NinjaTrader for one year in part time, have made a little program for auto trade, back test shows 20% performance, I never go live with it. I'm here to see if it's possible to have a system that can do 100% yearly, at the same time I want to know what the pro do to be successful, I'm very glade I found this forum as I felt very isolated doing the programing on my own.
Just want to take a minute to introduce myself. I'm Sidney and have traded stocks, ETFs and Forex but not as successfully as I would like. I'm studying Futures trading now and hoping to improve my skills and make a good living. Looking forward to meeting and learning from all of you, and of course giving back in any way that I can.
Hey everybody im slow to learn im a part time day trader, my real job is a residential builder. Im working very hard to be able to trade full time but have just become consistantly profitable in the last 6 mo. I am a scalper and trade crude oil and the russel using a12 range bar chart, price action, supply and demand and volume.
I want to thank Mike for creating this community and providing an environment to share ideas, observations and get to know other traders. I have been trading for over 10 years. Initally, mostly stocks and ETFs and had this silly idea that trading futures would be a great way to make money and not have to select and manage individual stocks. I went to (and paid big $$$$$) to lots of people that assured those of us that paid up that their methodology was the way.............. Then I tried to apply their methods and lost large piles of money. I kept thinking that I had not found the right person to show me the way. I repeated this cycle a few more times until the pain became almost unbearable, so I stepped back and took some of the basic things I learned, became honest with myself about my demons and realized that money management and minimizing large losses was the key for me. I use very few indicators, but have developed a couple that are quite helpful for me. I have also been much more focused on price action and utilizing time and sales and the dom to assist in entries. I have begun to be profitable, and look forward to sharing my thoughts and questions with this group. I commend the desire to share and help other traders. I primarily trade CL and the 6E and use Ninja and Thinkorswim.
My degree is in Math and engineering, so I tend to think about what I am seeing in the market and look for patterns. I have not been writing much code, but plan to make it a priority as time permits. I like to test my ideas, and that has been the best way for me to evaluate something I am looking at. I had a trading friend who was quite good at code, but less skilled in money management, and he is not trading anymore. Well....anyway. We all have our stories to tell.
I am having surgery at the end of the week that will be away from this for a few weeks, but look forward to participating more when I can.
I have dabbled with automated trading and some MT4 Forex automated system with no success. Prefer automated solutions to take my goofy mind out of the equation. I have used InvestorRT, SierraCharts and MultiCharts in the past and am trying to make a move back to multicharts. Any info/help with automated strategies for MC is appreciated, thanks!
I have been at this forex trading since February 2006 and I have blown up a few accounts that i believe was my tuition for learning in this industry. Like many of you I have paid too much for some over priced training that promised a lot but delivered a little.
I have grown mentally and still working on my psychology because it is a work in progress thanks to some members posting that i have learned from on this forum. I also make a plan that I am sticking to including reward to risk, money management, managing the trade and trading a particular setup repeatedly. I look forward to learning from each other in this forum.
By the way I am using Ninja Trader 7, with MB Trading as my broker, and I started journaling my trade so I can review them.
Hi , I've joined many mths ago but have not posted or visited in a while.
Been trading for over 10 years on my own. I dont chase systems or methods nor sign up for courses.
I use the basics of price action and harmonics ( eyeball and hand drawn.)
Love the moving avearges....been with them for a long time.
Trade mainly Forex on 240 mins and day charts.
Have a mbt mt4 live account but use them mainly for charting and data for NT.
Primarily excecute through currenex and oanda asia pac.