Introduce yourself here! (Page 127) - Beginners and Introductions | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > Beginners and Introductions

Introduce yourself here!
Started:June 10th, 2009 (07:43 PM) by Big Mike Views / Replies:517,210 / 6,992
Last Reply:3 Hours Ago (01:34 AM) Attachments:49

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Introduce yourself here!

Old December 8th, 2010, 09:15 AM   #1261 (permalink)
Elite Member
phx AZ US
Futures Experience: Beginner
Platform: Esignal
Broker/Data: Infinity
Favorite Futures: es
tradersam's Avatar
Posts: 189 since Feb 2010
Thanks: 404 given, 240 received

4th time is a charm

MWinfrey View Post
sounds familiar...however what makes you think this time will be any different than the last time or the time before that or the time before that? You need to ask yourself that question and actually spend some time answering it before you commit another dime to live trading. When you answer that question, you'll be more prepared to go live.

Mike Winfrey

Hi Mike,
Thanks for this wonderful site.
I feel I need to pay attention to the mental side. On this site I learned about the Sedona Method and NPL. I am dedicating myself to study and understand my emotions before comitting myself to the market again ( and ofcourse save some money too to refund my account).

I am repeating to myself that I am not trading the market but other traders.

On the technical analysis side, I feel I have some issues:
1. I am good to make decisions on the long side but not so on the short side.
2. I was working with a senior trader some time back. We took the same long entry. We expected it to be a
big move. However it was not and turned out to be a scalp. When the market reversed, the Sr. Trader immediately went short ar S/R. I am not currently able to change my bias that fast. I am trying to get this skill in my armour.
3. I have improved a lot over time regarding letting my profits run. There is more practise needed here too.
4. I am also moving my stops ( by max 2 ticks) in effort to give the market wriggle room. I am now trying to let the idea sink in that the market must support my hypothesis immediately otherwise I need to scratch the trade ie do not let the market prove me wrong. But be more proactive.
5. I am trying to imbibe ideas from 'Trading in the Zone'.
6. I am not adding indicators or changing strategies but seem to move my charts around all the time( in effort to optimize screen Real Estate). My biggest failures came when I moved my charts. I think it takes time for the mind to get used to seeing information in a certain manner. This is a bad habit I am unable to overcome. It is always one last change or follow a different market like Nasdaq or DOW or Russel etc.

Hopefully next time in the markets I will not be held back because of the above mentioned flaws.


Reply With Quote
The following user says Thank You to tradersam for this post:

Old December 8th, 2010, 07:00 PM   #1262 (permalink)
Elite Member
Venice, FL / USA
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/CQG
Favorite Futures: ES, soybeans, oil, gold, EUR/USD
Posts: 4 since May 2010
Thanks: 2 given, 3 received

tradersam View Post
My name is Sam. I have been trying to learn how to trade the ES.
It has been a costly learning journey so far. I started learning the markets and technical analysis since 2 years.
I have been focusing on ES since 1 year now. Blown my account 3 times so far. I am simulating now....but simulation seems boring and I generally do good in simulation but do not last 1 week in Live markets.

I have run out of ideas at the moment....but will start in earnest again in Jan 2011.


As Al Brooks is saying in his book 'Reading Price Charts Bar by Bar', 'Trading is very boring but also is very profitable.' (When one knows what he's doing, of course.) It may help to get this book and study it until you understand everything he's trying to tell there. The reading is tough and it may take you a few years to internalize its ideas. This lengthy learning process is unthinkable without paper trading the real market such as offered e.g. by NinjaTrader unless one has an unlimited money supply (a la Mr. Bernanke). After having lost tons of money during many years of haphazard trading I finally wised up to taking the trading business for what it really is - a most complex and therefore very difficult to learn game in town.

Good luck.

Reply With Quote
The following user says Thank You to vladyz for this post:

Old December 9th, 2010, 04:40 PM   #1263 (permalink)
Just starting out...
Futures Experience: Intermediate
Platform: NinjaTrader, TradeStation
Favorite Futures: ES
Posts: 1 since Dec 2010
Thanks: 7 given, 1 received


Hi Mike,

thank you for the welcome. I am living in Germany and I am trading since 10 years, at first stocks, then options and futures and now only ES. In my first years of trading I lost a lot of money. In 2007 I reached my break even. In 2008 and 2009 I had a break on account of my job. Now I'm back again. For many years I used TradeStation 2000i. I developed some indicators using Easy Language. I tested Multicharts, NinjaTrader and SierraCharts. While I was looking for a new trading software, I stumbled upon this forum. I received a lot of information I was looking for. I am pleased to join the community to expand knowledge and skills. On the other hand I would like to share my moderate trading skills with you in return.


Reply With Quote
The following user says Thank You to wolfwk for this post:

Old December 9th, 2010, 11:26 PM   #1264 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: NT
Favorite Futures: ES
Posts: 1 since Aug 2010
Thanks: 0 given, 1 received

HI, How are you today ?

Thanks Mike for the website. I find that forums are the best for finding solutions to problems, especially like minded people. I trade Auction Market Theory w/ Volume Profile setups.

Reply With Quote
The following user says Thank You to sirdudeness for this post:

Old December 9th, 2010, 11:42 PM   #1265 (permalink)
Just starting out...
Futures Experience: Intermediate
Platform: Pathfinder Trader, Oec Trader,
Favorite Futures: ES, NQ, FGBL, FX ECNS
Posts: 1 since Dec 2010
Thanks: 0 given, 0 received

Hello There!

Futures Edge on FIO

What happens to the S&P 500 when a new President takes office?

Really nice job guys. Like the forums and all the free stuff in here. I have some experience in trading, I hope I can do my part to help this community to grow, however I am alway looking for places where I can learn and improve my knowledge

Happy Trading everyone!


Reply With Quote

Old December 10th, 2010, 07:47 AM   #1266 (permalink)
Just starting out...
Futures Experience: Beginner
Platform: NinjaTrader
Posts: 8 since Oct 2010
Thanks: 2 given, 5 received

jcjc View Post
New to (formerly BMT)F. I am officially at overload. New to trading- 1 year- fully registered stockbroker, have full capital behind me. Sat in front of my computers for 2 months. I have so many indicators going off in my mind, struggled with the mental aspects, built what I believe is a killer indicator, that works well.
I can pull the trigger on as many trades as I want...but I just have not done it. Anyone else go through this phase and any suggestions to help press me in to the kind of trader I expect I will become. Any feedback is appreciated.


1. Write a trading plan- have specific rules of when you trade (eliminate some indicators?)
2. Pull the trigger on demo account
3. When you can follow your plan consistently and pull the trigger (and you are consistently profitable) then go live

I have been demo trading for almost a year and am finally to the point where I can do the above. Good luck!

Reply With Quote
The following user says Thank You to reddiscalper for this post:

Old December 10th, 2010, 03:47 PM   #1267 (permalink)
Just starting out...
Lady Lake, FL
Futures Experience: Intermediate
Platform: TradeStation, NinjaTrader
Favorite Futures: ES
Posts: 1 since Jul 2010
Thanks: 0 given, 0 received

Trading experience

Have used E*Trade, Schwab, OptionsXPress, TradeStation, Ninja. Currently using TS trading Futures contracts with an automated system built by John Clayburg called universal. Works pretty good. I let it enter the trade and then I manage it. Tried the Simple Automatic System for one month and liked it pretty well. But the owner insulted me so I dropped.
Looking forward to learning what you guys like and dislike.

Reply With Quote

Old December 10th, 2010, 04:37 PM   #1268 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
chelinj's Avatar
Posts: 1 since Jul 2009
Thanks: 0 given, 0 received

Thanks Mike,
Glad to be here... I am a sim trader, hoping to start live trading as soon as I can find indicators that work at least 60-70% of the time. I've traded Stocks and Options in the past and lately interested in the futures market.
I use the NT platform and just recently upgraded to v7. Some cool features there, especially on charting.
I hope to learn from all and will contribute in whatever way I can.

Reply With Quote

Old December 10th, 2010, 05:04 PM   #1269 (permalink)
Site Administrator
Manta, Ecuador
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 45,432 since Jun 2009
Thanks: 28,836 given, 79,556 received

chelinj View Post
Thanks Mike,
Glad to be here... I am a sim trader, hoping to start live trading as soon as I can find indicators that work at least 60-70% of the time.

Sorry but that would be called "the holy grail", and you won't ever find it. Focus on the psychology and money management section of the forum, and read all the journals --- stay away from indicators where at all possible, and you should do great!


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

Old December 11th, 2010, 02:18 AM   #1270 (permalink)
Just starting out...
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: ES mini
ArthurYak's Avatar
Posts: 2 since Dec 2010
Thanks: 11 given, 0 received

Big Mike View Post
Hi everyone! Good hunting!

Круто у вас здесь....

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Beginners and Introductions > Introduce yourself here!

« Hello Everyone | - »
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

All times are GMT -4. The time now is 05:10 AM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-22 in 0.18 seconds with 21 queries on phoenix via your IP