Hello my dear Trading colleagues,
I apologize and I hope that I am somewhat in spite of my poor English (my language german) may contribute to the community.
I was an investor. I bought my first stocks 1977th My strategy has always been
considered grossly Buy and hold, all stock, no options. Shares of many different
Firms good diversification. I was surfing on the waves fall of 1983, 1987, 1992. I've always slept well!
That was a good strategy to 2002. I had good results and was happy with it.
Now is another time and this is yesterday's news.
I then evaluate different ways to more consistency in my trading
give and take a different direction.
- Be careful with Zulutrade (automatic forex) That's good to see
what other forex traders to act and what kind of profits they do it. But if you have one or two three
bad signals, and receives generous Stop ------ Then it just
still down. I lost my money in a short period of EUR 3000th
- Be careful with investment projects. I did last year with one in Germany
Stock-known magazine with a 100% project was experiencet.Target it
in up to max. 2 years to enter a profit of 100% in stocks,
Options and certificates. Result: Abort due to too little capital to
15 months. EUR 800 were left to me from the original EUR 10000.
Now I am studying on the indicators, oscillators, the charts and so on.
Similarly, I now look webinars on the NinjaTrader to see what
Charting software is good for me and if I need any at all.
Also, I bought really capital investment coins in silver and gold because I
think that the crisis still continues.
But it's my dream to become a trader!
Thank you Big Mike and everyone else in this community
and contribute to help me achieve this difficult goal.
Good trades a good time and many greetings
The following user says Thank You to MrDonQui for this post:
I am one of those out of work general contractors still waiting for the stimulus package to actually make a difference!! Not wanting to lose everything I own, I had to find something to do that would replace the income I was used to making and needed to make to not go bankrupt. Although bankruptcy seems to be the new "fad" these days. I just can't succumb to that, too much pride.
So, here I am trying to act like a day trader. Like everyone else, I have lost money, about $20,000 since I started in Nov '08. Alot of that was blown on crappy books and tapes. Hell, I even took a trip to Vegas to get trained on someone’s software....what an idiot. The only thing I got from that was the memories and pictures of the strip!
So, now it is crunch time because I feel like the walls are closing in! Not a good thing.
But, enough about my troubles and let's talk about Big Mike. I somehow landed on this glorious site while googling for the "holy grail" of trading indicators. I gotta say, I am so happy I found you guys and I have already seen a change in my trading....to the positive side. Imagine that!!!! I am using the Wizards Holy grail template. I am amazed how much easier it is when you have indicators you can trust! I can't thank everyone enough who worked on and continue to work on all of these great indicators. You are all awesome!! And your work is very much appreciated!!
Please don't stop creating all of these wonderful indicators.
I have been trading futures about 12 years. My father was a professional trader so I guess that this was not an unexpected career choice. I recall first day trading e minis by phone to my broker at $25 a side and using 10 point stops. That seems crazy by today's standards but I was net profitable - a good point to remember.
I have been thru all sorts of markets - two good crashes, a subsequent bull market I fought against tooth and nail and then months of ES trading in 5 - 8 point daily ranges. ( That was the worst ) Probably the most important lesson I got out of all of this is that in trading we are simply playing a game with other people. "The market" is just an illusion.
The following 2 users say Thank You to drago1 for this post:
I have been studying day trading for around 4 years now, with around 3 years trying to develop an automated system using clustered processing. My verdict was that consistently profitable automated trading was not possible (for me at least).
Since then I have found a good teacher, and am now profitable virtually everyday on sim, and am very close to switching to cash.
As with a number of you I have found that the less indicators the better, and I only use one.
Looking forward to joining all you profitable cash traders very soon!
The following user says Thank You to pauly139 for this post:
Thank you Big Mike, and everyone, for letting me into your community. Eventually I will contribute, but right now I'm a bit overwhelmed with terminology, acronyms, and hunger to learn. I'll due the reading, simulations, and crashing, because I want to make money, live comfortably, and enjoy all that life offers. Thanks
Hi All, not too good with posting on forums, there's a first time for everything, I guess. As the name says I'm a Trader Wannabe, always looking to sharpen my tradin' skills, hopefully to be able to call myself a Trader one day. I'm open to all suggestions and appreciate the opportunity to be here. Thank You Big Mike, and All who contribute. I look forward to learning from you, and maybe one day contributing more than just a Thanks.
The following user says Thank You to Trdr1ab for this post: