I've been in the business for a long time. I've struggled through many transitions
and I've seen futures contracts come and go, FBI stings, exchanges moving, merging and closing,
crashes and booms, trading pits so crowded that bidding and offering meant getting the
requisite pencil stab, and now finally the acceleration of trading moving to "the devil box".
I've worked down the street as exchanges crumbled into dust because of terrorist attacks.
Through the years, I did my best to keep up with the industry. I went for advanced post grad
education, did a stint with a huge company that was going to buy an exchange, and finally did post grad
work on manipulating the devil boxes themselves.
I've been acquainted with or have actually worked for some of the industry legends that you've probably
read or heard about, from Leo to Jack to Tom, etc.
Yet, I find it is my own psychology and how I approach the market itself that I find I need to work on.
My emotions have directed my many successes and failures. And this puts me right back where I was
in the late '70s as a gold pit runner at 444 W. Jackson. I see patterns that I know so well, yet I violate and reverse myself often. I have so much trouble on slow days that I find myself itching to trade... as if it were an addiction. Plans? Been there, done that. But at least in the pit I could talk to friends or grab a drink
at the CME Club or the Sign if I was bored. Anyway that is one of my discipline struggles. CNBC bores me,
too, and I am sick of masqueraded political agenda in financial settings.
No, I am not just another trader who can't "adjust" to trading online. I've had my successes, too. But it is boredom and the "itch" to trade that I most need to work on the most.
Hi all, long time lurker and recently stepped up my membership. I have used different strategies, charts, and instruments over the last 10+ years with limited success to trade while working full time . A recent lay off has given me some time to focus on trading while job hunting. Currently trading weekly options on AAPL, and CL. Mostly using VWAP and Volume Profile with some moving averages on ThinkorSwim platform.
I heard about "futures.io (formerly BMT)" over at another website (won't mention it, lol), so I decided to google it in the context of "trading" and I found BM's cool site here!
Everything looks pretty serious and focused here (unlike the other joint, which is mainly good for a laugh). I like the topics that are discussed and the webinars definitely give the retail trader a leg-up in the game.