I've been interested in trading for a few years now and a little more than a year and a half ago I became interested in day trading.
I was working full time in the beginning. I learned about indicators and though it was the holy grail of trading. I had become pretty bored at work so I started to trade live during my work hours. In the course of a few months I lost a lot of money! But it provided me with something to do during the day that was more interesting and motivating than my actual job.
A year ago I finally quit my job. I couldn't stand it anymore, a close family member became very ill and one of my close friend got cancer, so I came back to my hometown. I took a break to reevaluate my goals in life. It was then that I started to really want to learn how to trade. Still, for the better part of last year and until recently, I was completely focused on indicators and automation. I didn't want to deal with the psychology side of trading; I was afraid of fear.
A few months ago I got a new job at a startup that I felt I couldn't pass up. I don't have much time to trade now but I've decided completely change the way I look at trading. I ditched the indicators, the automation and started to learn to control my emotions and to read price action. I'm only doing sim trading now, but I still feel stress and fear when managing a trade. In light of this, I know that my psychology still needs a lot of work.
Anyway, nice to meet you all! And Big Mike, thanks for this forum and all the time you put into it. It is awesome!
The following user says Thank You to helmwind for this post:
Been trading for a number of years, intraday mostly during the European/US session. Trading futures although I do some cash fx. I do mostly financial futures (bonds & indicies) using price only.
Looking forward to see how others here do things.
Thanks for the Site, I have been trading for a few years and like most other traders blew up my account, and I have spent way too much on education!!! But I guess it's part of the learning curve. Happy Trading Everyone
I have begun trading 2 years ago and live in Wilmington, NC. I am retired and have begun an interest in bio tech stocks and their trading strategies.. I am beginning to explore options as part of the strategy for biotechs.. I read the article on VWAP trading and am curious of it... hope to learn lots here
Hi I am a quant beginning to trade using Ninja trader. I am learning how to use it. Could anyone there advise me a webinar on how to write and plot and symbol by code, for instance if the high price is 3 times the high price of 3 periods back then draw a line in the current high and set a counter to 1. This is a basic idea but I need to know how to manage the ninjatrader graphics from the code to go further. Any help?
Recently I have been making trades using the TTM indicators of John Carter, and Swami charts impluse indicator. When they all line up I take the trade.
I only trade high volume stocks under $30.
Mostly only hold the trade for a couple of minutes to a few hours. Every once in a while I will hold as a swing trade for up to a week, depending on the strength of the company. I normally make two or three trades a week. So far the indicator has been consistantly profitable.
Anyone else have any positive results from this indicator or any other.
I am looking forward to chatting with you all and learning new stuff. The Big Mike forum looks great and chock full o information, so I will be searching the threads and hopefully I can make a meaningful and lasting contribution in future.