Hey everyone, I'm Greg Kim. I live in Austin, Texas with my lovely wife and wonderful kids. I've been trading since late 2001 (oh has it really been 10 years???). Its addicting stuff this trading business. I've managed to make it profitable and I'm looking to leave my CPA job behind.
I've been trading full-time now for almost 7 years, so I guess I must be doing something right .
I started trading stocks while working, and after doing an options course, and later another course with a more general trading strategy that could be applied to stocks or futures, and a fair bit of backtesting, I started trading full-time. I barely broke even in the first year, but I was certainly spending a lot of time in front of the screens, and learning quickly. I went on to trade CFD's for the next few years on Australian stocks and had some good years. The GFC and the ban on shorting most stocks meant that many of my trading strategies were no longer feasible and provided the impetus to change to trading futures (something I'd been wanting to do for a while). That's been a big learning curve, but I'm happy with where my trading currently is (I trade a momentum based strategy mainly off the 5 and 15 min charts on the DAX & S&P eMini).
THEN... in the last few weeks myself (and my trading group here in Canberra) have been backtesting some strategies that require no user input (ie. entirely rules based) which got us thinking about automated trading... which we're now seeing is an entirely different layer to put on top of your trading. Anyway, a number of times googling bought me to this forum (I use Ninja Trader for charting, IB as my broker & Bracket Trader for order entry) and I liked what I saw.
So, basically I'm just at the start of the learning curve for setting up an automated trading system. I've been using the Strategy Wizard on Ninja Trader to create some basic trading strategies, and have been attempting to do some backtesting (rather than just the manual backtesting that I usually do - which is in itself invaluable but very time consuming). I have also watched some youtube videos on setting up an automated trading system going from Ninja Trader to Zero Line Trader to IB but have not been able to overcome some initial hurdles with a program called Mailenable which transfers the order messages from NT7 to Zero Line Trader. I'm sure I'll get there though.
I'd be happy to chat with anyone who might like to shed some light on where I should be going in the immediate future with regards to setting up my automated trading strategies (both the software side of the equation and also writing strategies - I think I'm going to need to become familiar with C# pretty soon). I'd be particularly interested if there happens to be anyone in Canberra (Australia) who already has some experience in programming strategies in NT7 would like to catch up for a coffee.
I look forward to learning a lot in the coming months.
Hello, Everyone. I am now a semi-retired accountant (involuntarily downsized out) who has been trading on and off at various levels for nearly 20 years with various levels of success - more losses than I would have liked but still in the game. I am looking to trade now to supplement my income and, if successful, it may become a primary income source. Currently I swing trade stocks and only daytrade futures a few days a week - mostly the ES YM and 6E. I use TradeStation and Ninja and am still trying to get the hang of NT7.
I'm a software developer for more years than I care to remember and been trading for about 5 years, mostly futures. I'm quite good at picking good trades but have turned giving it all back to an art, really master level
Hope to benefit from this forum and contribute as best I can.
I have been trading on and off for about six years mostly Australian stocks and stock options but it slowed due to busy fulltime work commitments and family issues along the way. Always had trouble developing a system and trading plan that I was able to be confident and stick with. Also had trouble handling losses as many do I guess. In my profession it is dangerous to be wrong. It was hard to get used to early on. Still hanging in and getting the mind right for the long term. Work activities are easing up and I have a bit more time these days. I look forward to continuing my learning journey.
I stumbled onto this forum inadvertently while looking for examples of an options trading journal, not thinking of journaling in a journal sense. I just wanted to track my trades and wasn't sure what the best method would be. Lo and behold I think I found a place where I can ask my newbie questions and not look or feel like a fool. I'm pretty new to this stuff and I'm in the middle of an intense learning curve. a great source of non-marketed real information. For now I'm taking a class which does not allow me a lot of free time but I expect I'll jump in in a few weeks and exchange ideas. Meanwhile, I'm still looking for a decent options trading spreadsheet suitable for beginners, without bells and whistles I can understand and don't need for the time being.
I just discovered futures.io (formerly BMT) a few weeks ago and having spent a significant amount of timing reading the posts here. I just a "officially" registered a few moments ago and have a great desire to learn more.
A little about me: I'm a 40 year old female, still working a long term career in law enforcement. Over the past few years, I've spent my free time studying various aspects of the stock market (business cycles, valuations, Shiller's p/e10, Prechter's Elliott Wave Cycles, etc.), although I'm no where near calling myself an "expert" at any of it.
My "real" investing experience is limited to my 401k acct. in which I've did fairly well during the '08 crash and '09-'10 bounce (can't really call it a recovery). While the value of my 401k is certainly not worth bragging about, I'm happy to say that "buying low and selling high" resulted in the acct. now being worth double what it was from it's previous high in '07.
With that experience, I decided to open a Scottrade acct. and try my hand at a few individual stocks in very small dollar amounts. Thus far, that acct has done very poorly... now being worth half of what I'd originally put into it. I have the humility to say, "I know enough to know that, I don't know enough." Which is why I'm here to learn.
Ultimately, my long term goal is to leave the "rat race" of working for "big brother". The mental / emotional stress of a law enforcement career has resulted in various health issues over the years... many of which had no physical "cause". Combine that with my introverted personality and I can honestly say that I actually "enjoy" spending my time in front of a computer, learning, in a nice quiet environment. I have no fantasy of becoming a "millionaire day trader"... I would be more than content to make a similar salary (which isn't much) as I do in my current career. I'm not into "bigger, better, faster, more"... I want "less" in my life... less stuff, less office politics / gossip, less superficial coworkers, less traffic, less crime, less stress, etc.
I am on a path to a quiet and uncomplicated life and am hoping to achieve that via day trading.
I have many questions for the members here and hope that you don't mind taking another newbie under your proverbial wing while I learn the terminology to begin asking intelligent questions. I'll save those questions for future posts, but like any "craft", I intend to pick one vehicle (ie ~ ES) and a few indicators and do my best to master it.
For now, I'm glad to have found this board.
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