Iíve been a trader for about 15 years now and never been in 1 spot too long until I met Greg at TradingFaith.com .Iíve been with him for about 4 years now and Iím very please in my trading. I look for about 8 ticks a day per contract for the ES and then thatís it. I call it a day. I use NT and Iím learning to program. I trade thru AMP.
Hi all. I'm new to the futures markets and completing research on a couple of systems. One is longer term trend following in nature and the other is short term mean reverting. All of it is end-of-day trading.
My question is which markets should I begin trading? How many markets should I be trading in?
I'm not looking to see necessarily which ones trend and which ones don't. I find this choice to be rather arbitrary in nature and haven't found much advice on this that is useful.
I think the answer has to do with correlations between markets.
I have been following a few posts at futures.io (formerly BMT) and found the content to be great on the trading journals. I have been primarily a stock trader, and have more recently (last year) focused on testing and developing new strategies. I have been pretty methodical in my testing, and continue to learn from others who have a great deal of experience. I will add my comments from time to time (where I can add value), and look forward to interacting with the other members.
First you need to answer yourself. What's the start capital, what you willing to risk per trade (sugestions all over say, for begining max 2% per trade ),also what kind of trader you want to be day trader, or postitional this option requires biger capital and higher risk. Have a look to YM or TF or other e-mini markets, this could be ok for start.
Last edited by lu2013; February 6th, 2013 at 02:24 AM.
My name is Eugene (thus Eugenius) and I'm based in London. I joined Big Mike's to learn more from other traders about specific problems I'm encountering in my trading.
I've been investing about 15 years in equities, bonds and gold but in the last 5 years became involved in trading. I've primarily traded forex but have also traded in the futures market using CQG to trade es-mini, bund etc. In the last year I've moved from manual discretionary trading into developing EA's. Currently I'm developing a Renko EA using the MT4 platform on demo mode. Once I've done the initial development, I want to trade live on a spreadsheet based platform such as FXone.
I'm interested in the analytical possibilities, flexibility, ease of use and speed of spreadsheet based trading where all aspects of the trading process can be automated. Anybody have experience in this area?
Hey guys, I have been trading futures/options for the last 4 years and really wanting to find a good community to learn from and try to provide good information that maybe useful to the forum. Just like many traders, I have lost a pretty good amount of my money and have wasted money on several so call, "money making systems". Iam still learning to be a good trader and hopefully learn not to throw away money.
I have used several systems, tradestation, apex futures, ninjatrader and optionsxpress.
I have been trading spot currencies for a while now. FXCM discontinued Strategy Trader, which was their automation software. My only other free option is MT4. I don't find it useful for me. I have been looking at Ninja Trader which is what brought me to this site. I am not a programmer by trade, so I am not looking forward to the steep learning curve. I hope that participating in the trading and programming community, I may move a little faster down that curve and help others do the same. I am not new to trading or to automation, but I am completely new to Ninja Trader. I was looking for some help with programming a simple channel breakout strategy and that's what brought me here. I am currently reading Trading to Win by Ari Kiev for the second time. It is stock oriented, but I find it very helpful. For those who haven't read it, it may be worth taking a look at. Happy trading to all!
My name is chris and i have never traded in my life : . i am mostly interested in automated trading but it seems kind of difficult given that i know almost nothing about programming .Feedback is appriciated :
You don't have to know about programming to learn to automate. You can learn it as you go. It takes time and effort; but you will probably learn to program faster than you learn to trade, so don't be put off by it. As I mentioned in the previous post, I was using Strategy Trader which is in C#. Now I am trying Ninja Trader which is also in C#. Unfortunately, it has not been an easy transition even though I am already familiar with code in this language. It is like I am starting all over again. Even if you can afford to pay someone to do the coding for you, I personally think you will be better off learning to do it yourself because you will learn important nuances along the way. Be encouraged. You can do it. Just dig in and go through some trial and error, searching the internet, more trial and error. Well, you get the point. Happy trading!
The following user says Thank You to birdjaguar for this post:
Ty very much birdjaguar .As i see it somehow in the future i will learn to automate my systems .My problem is i guess how i ll find trading ideas etc.Its like i am in the ocean and i dont know where the land is .. I read a lot of threads in the forum and i see some people say that you first have to learn to trade so your automated systems are solid while others seem to think automated system is the way to go from the start ...Every hint tip will help me at this stage