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Introduce yourself here!

  #1621 (permalink)
riley8842
houston united states
 
Posts: 12 since Apr 2011
Thanks Given: 140
Thanks Received: 0

thanks for advice.
rick

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  #1622 (permalink)
 hiwaymn1 
charleston,wv
 
Experience: Beginner
Platform: ninjatrader
Trading: oil,es,tf
Posts: 7 since Apr 2011
Thanks Given: 104
Thanks Received: 2

Hello everyone,
I'am new to this forum and just learning to trade. there is a lot of great mat'l here.
Thank U all for the great info that is posted here.

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  #1623 (permalink)
riley8842
houston united states
 
Posts: 12 since Apr 2011
Thanks Given: 140
Thanks Received: 0


neewbie, i'm new to trading also-take it easy and keep in touch
rick

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  #1624 (permalink)
wolf7650
honolulu, hawaii
 
Posts: 1 since Apr 2011
Thanks Given: 5
Thanks Received: 1

Hi all,
Just wanted to introduce myself. Still trading mostly in sim as I have a small futures account. First had interest
in the markets in 1987, right before the crash that year , but was in MF's. Have tried to trade stocks, options, and now futures. Work full-time still, so it is difficult but able to get up before work and trade. I tried trading w
a propriety firm with 20:1 leverage daytrading stocks and got very poor supervision..stopped trading,
after I lost 1/4 of my account, only to be informed that the remaining money was purportedly misappropriated-somehow by a "rouge trader" shorting some biotech stock Bottom line or read between the lines- i got ripped off! I stopped trading for a few years as I was disullusioned but I have been back now for the last year or so.
I have never given up on the vision or the belief that I can/will trade consistenly profitable. I think the biggest thing for me is the psych piece. Hope to contribute in any way I can but not a programmer, in fact, my work, which I hope to retire from as soon as feasible, is in the field of counseling. Here's to success and quality of life, especially in these times.. Randy

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  #1625 (permalink)
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284


klrskies View Post
Hi everyone,

I have been an unsuccessful trader, bouncing around on ideas and making poor, emotional choices, and loosing money. I hope to learn how to trade successfully before my nerves are shot and my monies gone! My only exposure has been with Family members who used buy-n-hold investing decades ago. I'm 53, and work a full time job as a toolmaker/designer. I feel swing trading may be a good choice for me...something I can perhaps check on a few times a day. Hope to hear your stories and share experiences...good and bad!
best regards,
Ken

I completely agree that one needs to perfect ones trading before risking money. Also, they must be properly captalized and know that all trades cannot be winners. But with the right system, you can expect, in the worst case scenarios, small drawdowns, and with proper placement of stops and money management (with stocks using only 1-2% of total capital), you should see results to your liking. I prefer options, which require a much smaller capitalization and the risk in minimized. Here is a list of optional symbols with good volume on shares and options that one can consider: A, AA, AAPL, ABT, ACI, ACN, ADBE, ADM, AET, AGNC, AIG, AKS, ALL, ALTR, AMZN, APKT, ANR, APOL, ARMH, ARUN, ATML, AUY, AVP, AXP, BA, BAC, BBBY, BBY, BIDU, BP, BRCM, CHK, CMG, CMI, COP, CPX, CREE, CROX, CSX, CVX, DBA, DECK, DIA, DIS, DO, EEM, F, FAS, FAZ, FCX, FFIV, GILD, GLD, GOOG, GE, GS, HD, INTC, ISRG, IWM, JBL, JNJ, JPM, KFT, LTD, LULU, MCD, MDT, MON, MRK, MRO, MRVL, MS, MSFT, NG, NE, NFLX, NOK, NTES, NVDA, NYX, OIH, OPEN, ORCL, PAY, PFE, PNC, QCOM, RAX, RHT, RIG, RIMM, RVBD, SBUX, SDS, SINA, SLB, SLV, SLW, SMH, SNDK, SOL, SPY, SSO, STI, STX, SU, SVM, SWN, SWKS, SYY, T, TBT, TIF, TLT, TSL, TXN, TSCO, TZA, UGA, UNP, UNH, USB, USO, UYM, V, VLO, VMW, VZ, WAG, WDC, WFC, WFR, WFT, WMB, WYNN, X, XLB, XLF, XRX, YHOO, YUM.

The attached charts should help you see setups and how I trade the markets using daily charts and options. Hope this helps. WK

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  #1626 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


ozzy View Post
Hello All:

thank you for this Forum big Mike.I am sure we all have shed tears here and there over wiped out accounts and bad trades...I think of myself as reformed beginner trader.I learned daytrading from a family member whom helped wipeout my first trading account on "sure system"...

thank you

Ozzy

are you still on speaking term with him?

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  #1627 (permalink)
 2010 
Boston
 
Experience: Advanced
Platform: Ninja Trader
Trading: TF,CL
Posts: 35 since Apr 2011
Thanks Given: 35
Thanks Received: 3

Hi everyone

Thanks for having me.

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  #1628 (permalink)
klrskies
Louisville, Kentucky
 
Posts: 3 since Apr 2011
Thanks Given: 2
Thanks Received: 2


ESFXtrader View Post
I completely agree that one needs to perfect ones trading before risking money. Also, they must be properly captalized and know that all trades cannot be winners. But with the right system, you can expect, in the worst case scenarios, small drawdowns, and with proper placement of stops and money management (with stocks using only 1-2% of total capital), you should see results to your liking. I prefer options, which require a much smaller capitalization and the risk in minimized. Here is a list of optional symbols with good volume on shares and options that one can consider: A, AA, AAPL, ABT, ACI, ACN, ADBE, ADM, AET, AGNC, AIG, AKS, ALL, ALTR, AMZN, APKT, ANR, APOL, ARMH, ARUN, ATML, AUY, AVP, AXP, BA, BAC, BBBY, BBY, BIDU, BP, BRCM, CHK, CMG, CMI, COP, CPX, CREE, CROX, CSX, CVX, DBA, DECK, DIA, DIS, DO, EEM, F, FAS, FAZ, FCX, FFIV, GILD, GLD, GOOG, GE, GS, HD, INTC, ISRG, IWM, JBL, JNJ, JPM, KFT, LTD, LULU, MCD, MDT, MON, MRK, MRO, MRVL, MS, MSFT, NG, NE, NFLX, NOK, NTES, NVDA, NYX, OIH, OPEN, ORCL, PAY, PFE, PNC, QCOM, RAX, RHT, RIG, RIMM, RVBD, SBUX, SDS, SINA, SLB, SLV, SLW, SMH, SNDK, SOL, SPY, SSO, STI, STX, SU, SVM, SWN, SWKS, SYY, T, TBT, TIF, TLT, TSL, TXN, TSCO, TZA, UGA, UNP, UNH, USB, USO, UYM, V, VLO, VMW, VZ, WAG, WDC, WFC, WFR, WFT, WMB, WYNN, X, XLB, XLF, XRX, YHOO, YUM.

The attached charts should help you see setups and how I trade the markets using daily charts and options. Hope this helps. WK

Many thanks for responding, all the information, and the charts, I'll study your charts and notes, very nice! Your trading style is what I hope to learn.

In an effort to "keep it simple" as a beginner, I hadn't considered much beyond swing trading stocks on the nyse useing candles, volume and stoich...candles being my main thing to observe. As a beginner perhaps, all the other data (bands and indicators) on the chart equals alot to watch. Perhaps it becomes the norm after considerable viewing, where one can glance at an over-all chart and focus on the important factors?

I don't know anything about options trading yet. Why should it be considered over just trading stocks? Is it possible to average 1% gross gain per day with a simple but conscientious swing trading plan ...when one can only manage to watch a few stocks, a couple of times per day. Thanks again for the responses!

regards,
Ken

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  #1629 (permalink)
skyfe
cincinnati united states
 
Posts: 7 since Apr 2011
Thanks Given: 4
Thanks Received: 1

Hi, my name is sky and I have been studying trading for about 5 months. I haven't lost an account yet but I am still mostly sim trading. My main Platform is Global Zen Trader or OEC Trader. Glad to be a part of the community and look forward to using it.

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  #1630 (permalink)
 Buddy 
BC Canada
 
Experience: Beginner
Platform: Several
Trading: Stocks, Currency
Posts: 25 since Apr 2011
Thanks Given: 29
Thanks Received: 4


Hi;
Welcome to Big Mike's Trading community
Regards

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