Allow me to intro myself. I'm RideTheCurve (aka Michael). After searching for enlightenment on trading tools that I just couldn't find anywhere else, I stumbled across Big Mike's Trading Forum. Whoa! - I didn't realize there are so many experts in every aspect of the trading profession on one blog.
My trading career began by a fortunate event - getting laid off - and that wasn't a bad thing, as I remind myself each and every day, since then, 18 months ago. My background is in stats, Lean Sigma, so trading technically has proved to be a natural fit for my interests. So much so, after pinching myself each day, I'm tempted to kick myself too - for not turning to the trading profession MUCH sooner in life. Anyway, I'm here, and I'm also here to share my experiences in trading (not a lot, yet), but the discipline part has sunk in sufficiently to allow me to say I haven't blown out my starting account, and managed to get my Trading Plan in place and followed before the BigBad Habits began to creep in to my routine.
I'm a ToS user, work in my home office I set up and look out the window at a beautiful woods with deer, LOTS of DEER! When I'm not watching them watch me, I'm looking for trade setups, mainly in three futures (/6E, /ZC, and /RB). My little piece of advice to you is to specialize and GET TO KNOW the 'personalities' of the underlyings you trade! When I first began on my trading journey, I let my natural curiousity take me to almost every product out there. While it was all very interesting, I realized I could become a Jack of All Trades, and Master of None, so I resist that impulse, even now. My goal every day is to do everything it takes to trade well by measuring every variable feasible to show if the quality of my trades are improving or not. I just trade enough products that provide me ample trade setups and optimum liquidity. Anyway, I'm really glad to be here and feel free to say hello Anytime. I'm looking forward to getting to know you and your 'story' that brought you here, as well!
Hi Mike, Everyone
I am just starting and so far i haven't blew out my account yet in FXCM., I been in the IT for more than 10 years I hope I can use my technical skills in trading.. looking forward to grow with trading with you guys
I was recommended to this forum. I have never traded, I do not know any programming language, nor do I understand any of the trading platforms. I am starting from point zero. Which is fine.
To begin I have looked at NT, and starting to grasp the fundamentals of C# programming language.
If anyone wants to offer any suggestions on best places to start I would be grateful. My immediate (2mos) goal is to be able to build a basic strategy in C#, back-test, and try optimizing.
Since I am starting from scratch - does anyone have any input on C# vs C++. From what I gather C++ is more powerful and granular to work with, also more difficult to master. C# is used in NT - but if I move to another trading platform will C# be a waste of time.
Or should I fall back on what I already know (excel) and attempt to leverage that - does anyone use Excel/VBS to build models/strategies?
My background is in technology - infrastructure (14yrs) I know networking and hardware. Just completed my MBA.
Hopefully within a year or two I will be able to contribute some value to the forum, in the meantime I plan on learning as much as I can.
I am or used to be an IT guy for many years. Trading requires both technical skills and personal management skills. It's your personal management skills that you will probably need to work on (a lot). Unfortunately the market just does not function like computer systems, except for the ones with 'random' bugs. Make sure you get your trading plan in place and then practice patience, discipline and focus.
For me a good journal would be one that has major emphasis on reactions to my trading in addition to the statistical performance records of my defined strategies. In this forum, just posting trades might be impressive (or embarrasing?) but won't do much unless the viewer is willing to study those trades to discover the reason why they were taken. This is a tough thing to do because too much is unknown and the viewer can only fit their observations into their own box. So, for this forum, talking more about your trading feelings, thoughts, observations, and just a bit about the trade reasons would most likely get you the best commentary and feedback from other members.
The following user says Thank You to Jaguar52 for this post:
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. 6) Help using the forum? Watch this video to learn general tips on using the site.
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