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Introduce yourself here!

  #2011 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


engineer View Post
Hi all... I just came across this forum and it seemed the best forum for traders. I mainly trade stocks and just started couple weeks ago. My strategy is simple. Get in at the bottom and get out as soon as the stock move up 3 or 4% (sometimes hold longer depends on the market). Sometimes it takes couple hours and sometimes couple days.

I usually focus on few stocks to trade... no scanners no signals just my own judgement. My little experience taught me that being familiar with a stock by following it is the best way to decide when to get in and when to get out. I started with a small account to get familiar with trading and feel more comfortable. Last two weeks I made 15% profit after fees and commission. Not too bad for a starter.
welcome to the largest trading world alive....

One thing I strongly recommend day traders to keep in mind is their entry point. Your entry point is the most important factor to make profit. Unless you 100% sure this stock is going up soon don't get in. Find another stock don't just give it a try.

hope your personal conviction and personal trading style will bring you even more bacon together with other bread and butter as well....

for some other traders like myself, trigger point to get in, is considered equally important as other significant factors in trading, such as.... the personal trading plan, the cumulative stats, the trading strategy, the entry and exit points and lastly the reward/risk management plan....

but if you wish to consider the entry point as most important factor in trading.... that is alright too.... for you are the master of your own ship.... and your bottom line will be the only living proof....

wishing you the best in trading....

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  #2012 (permalink)
bebjo
Gothenburg/Sweden
 
Posts: 1 since Aug 2011
Thanks Given: 0
Thanks Received: 0

Hey guys,

I am new to this forum and recently downloaded NT7.
I am no veteran in trading, but I have some experience. Prior to findning NT7, I coded my own software in C#, where I implemented my own strategy. Basically, it was a market scanner that gave buy signals and sell signals to those stocks in my portfolio. Now that I have found NT7, I am gonna take this to a whole new level. As if my wife was'nt tired of me talking about this before .

So, I live in the south of sweden, 34 years old, recently married.
My goal is to find the simplest form of strategy that will yield a >1.8 profit factor. And after reading Van Tharps thoughts about curve fitting, I have to do this without optimization.

I am sure I will find a lot of useful information on this forum.
Should I, from time to time ask a stupid question, bare with me, as I am still learning.

Cheers!

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  #2013 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818


I have been trading full time for 3 years. First 2 years as day trading stocks. Results not worth mentioning. Switched to trading Futures , specifically crude OIL Futures and has not looked back.

Here is a link which describes some basics of the system , I use. It works on any volatile instrument. Will not work on non volatile trading instruments. For example , MSFT, MO as example of stocks.

ACD Method Intro.

I will be happy to share my experience should you have any questions.

Visit my NexusFi Trade Journal Reply With Quote
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  #2014 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
Thanks Given: 304
Thanks Received: 844


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  #2015 (permalink)
 
Gabriyele's Avatar
 Gabriyele 
LA/CAlifornia REpublic
 
Experience: None
Platform: NT7
Trading: Chello
Posts: 3,017 since May 2011

Hejsan-Svejsan Sverige!

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  #2016 (permalink)
esharris
leeds, UK
 
Posts: 9 since Aug 2011
Thanks Given: 0
Thanks Received: 1

hey there, this is my first time as a member of a forum as I found most of them to be places where any thing positive means you are a vendor and anything negative you are slated as a loser, however I found that after looking at Big mikes that the community here seems to be a nicer bunch of people.


I have been trading now with consistent results for 2 years and before that was a big loser for 7 years,, I trade the ES mainly and look forward sharing my experiences.


I am 48 years Old and live in the UK where I trade from home, been a hard slog I have to say and spent way to much money, but thanks to some good friends and a good mentor I found what worked for me..


good trading guys

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  #2017 (permalink)
esharris
leeds, UK
 
Posts: 9 since Aug 2011
Thanks Given: 0
Thanks Received: 1

tried to add some post's but does not let me, saying i need to do more than 10 post's before i can post????

so where do i post these 10 posts

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  #2018 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599


esharris View Post
tried to add some post's but does not let me, saying i need to do more than 10 post's before i can post????

so where do i post these 10 posts

You can't post in the Vendors/Reviews section until you have 10 posts, everywhere else is fine.

Mike

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  #2019 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


esharris View Post
hey there, this is my first time as a member of a forum as I found most of them to be places where any thing positive means you are a vendor and anything negative you are slated as a loser, however I found that after looking at Big mikes that the community here seems to be a nicer bunch of people.

I have been trading now with consistent results for 2 years and before that was a big loser for 7 years,, I trade the ES mainly and look forward sharing my experiences.

I am 48 years Old and live in the UK where I trade from home, been a hard slog I have to say and spent way to much money, but thanks to some good friends and a good mentor I found what worked for me..

good trading guys

esharris, welcome to bg

yes, by all means, when you are prompt and ready, pls do share your trading experiences with us.

whether you are an extension of a vendorship or not, it really does not matter in trading; cause it is the bottom line that you can show us.... that really proves if or when your trading arsenals are profitable for whatever reasons....

at any rate welcome to bg and have fun while trading....

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  #2020 (permalink)
esharris
leeds, UK
 
Posts: 9 since Aug 2011
Thanks Given: 0
Thanks Received: 1


Thanks nakachalet, just to be clear I have no connection with any vendors in fact totally the opposite, I spent way to much on them and have a personal hatred towards them..


I, like most I did learn my methods from some one but that someone was and still is a trader and not a vendor.. But as I am not here to promote anyone or thing I will leave it at that.

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