I'm trading for the for the last two years and still consider to be a baby at trading. I accidently landed on this website a week or so ago and i thank Mike for providing such a great forum. I can certainly gain a wealth of knowledge and hope to share mine.
To all the new traders, here are my 2 cents. As we all know there are many , many reasons why new traders fail and continue to lose money. For me, it was having too much information and not really knowing which one suits my style and personality. By the time , I found out, i had lost money for 2 years.
Any trader who wants to be successful and wants to find out in the least amount of time if he/she gonna make it- should first find out a system that will work for them. Do not trade with real money till you have settled on a system.
I wanted the SIMPLEST system and from someone who is not just an educator but a real trader.
For me, it turned out to be Mark Fisher, author of " The Logical Trader" and according to Paul Tudor Jones " There never has been and never will be a better pit trader than Mark Fisher". I read his book 9 months ago and have not looked back. I paper traded for 500 hours to get a feel for the system and the product i trade which is Crude oil futures.
I would be more than happy to help if after reading his book one finds that Mark Fisher system is for them.
The following 3 users say Thank You to mfbreakout for this post:
let me know when you go live , would be interested to know what system you settled on.
I trade crude oil futures full time , using Mark Fisher ACD system as a base along with Volume profile. Mark Fisher is also author of " The logical trader" and runs a very successful N.Y , US based prop firm.
am a market weary trader who has discovered that price action holds the key to successful trading after being kicked in every direction by the markets and effectively contributing to my broker's profit bonuses ....i wish to learn more in this area from the forum and must say BigMike thanks for this
Hello to the community,
i'm Yannis and i come from a greek island called Santorini in the south Aegean sea.
Studying markets for 3+ years and lost a few hundrends euros very rear for a newbie i suppose.
Stop trading live and decide to educate myself as much as possible before put my hands on fire again!
Find the forum by accidend searching for volume studies and immediately became an elite member without
second thought.That was the best money ever spent!
Looking to participate more after a month or so because i work on season holidays from April till end of Octomber.
Best wishes and trading to all.
big mike does not like discussion on this introductory page, would you like to start a new thread on whatever you wanted to recommend to newbies, particularly the one you mentioned as producing winner, i have some questions for you. do you wanna do that, pls? thx
The following 2 users say Thank You to nakachalet for this post: