I live in a N/W Suburb of Minneapolis MN. started trading around 4 years ago WAS following a signal service after about 6 months blew out my first account big time, then spent at least a year downloading every indy i could find on different forums tried every one and all possible combinations of them, only to discover non of it worked all that well
Currently doing more studying than trading/ horizontal support/resistance dynamic s/r fibs and pivots trend identification and the price action around them, currently using mt4 and testing [getting used to] NT7
Mike glad to be a part of your community. I have been on demo for about 5 months, NT7. I have not been consistent enough in my results to feel confident going live but I think I am getting closer . I view it like a long internship. You do the hard work but don't get paid. (well at least you don't lose $ either). The last few weeks I have focused on one market, crude and one type of trade style, scalping.
If any members have any suggestions on NT7 indicators that work well with Crude and a scalping trade style I would be grateful for your help.
Thanks Mike; I'm not new to trading ( S&P ) but I AM new to so many losing trades; especially in the past 18 months; what's happening ?? I know almost everything about trading including position placing, position sizing, trade management, loss cutting; control of emotions, risk taking, internet reliability, who's a good IB; who's a reliable clearing firm; what the bots are doing; fundamental observations ( the Fed and ECB ), current economic conditions, and " Zero Hedge" Tyler Durden info. EVERYTHING. And still, I place a trade and I get whacked ( I'm not from Sicily ) . Why is this happening ?? Is it b'cuz of statements like Keynes made that markets can stay crazier than you can stay solvent ?! Or am I a proxy for the retail trader that pros trades AGAINST ?
I'm old/new to trading. I'm originally from Chicago. My dad had a membership at the CBOT and I had nearly every job you can have on a trading floor aside from pit trader. That was in the mid eighties. When I left Chicago I also left the markets, but always watched over my shoulder as electronic trading evolved. Over the years my occupation has been in software as a developer, systems designer and project manager. Incidentally my first programming jobs were around the markets and now I'm coming full circle back to them. I wish I had never left, but back in the day leaving Chicago basically also meant leaving the markets. How things have changed.
As of the time of the writing of this little intro here I am focused on trading strategy development and platform evaluation. I'm learning something new every day and it's a blast.