Hello everybody, my name is Matteo and I'm from Italy. First thank you to Mike for this forum and thanks to all members who post their ideas.
I'm interesting to volume profile, vwap, footprint, tape reading; actually I work only as a paper trader, my focus is on futures indexes specially fesx and es.
I'm glad to be here and be a part of all this.
for my poor english....
Yet another mug punter! On the other hand, I'm a pretty experienced and fairly successful long-term investor, but have only made a move to trading within the the last couple of months. Why?
Firstly, in the current climate of "financial suppression" and market manipulation, "buy and hold" as an investment strategy is becoming a mug's game. Secondly, I got into gold & silver in a major way in early 2008, and have done very well riding that trend - but the last 6-9 months have made a big dent in that part of my portfolio. However, I'm still a convinced gold-bug, but the current market outlook makes me nervous - so I needed a way to put on a fairly large hedge position against my PM holdings. So that was my first trade - buy a lot of GLD May13 148 puts.
Perversely, I sincerely hope I lose all the money in the position as long as gold recovers, although by putting on the hedge I've probably guaranteed that GLD will stay flat all the way to the end of May now . . .
However, since I've now got an account set up (optionsXpress), I may as well carry on and give this trading lark a go. I'm the careful ponderous type, so I'm reading as much as I can find on the subject (John Carter's book right now), and am slowly planning the next few trades, but only on a small scale just to get experience.
So I'm not looking to turn £500 into £100,000 by next Tuesday. I'd just like to find out if I can do this or not, and develop some new skills which might help me hang on to what money I already have. And maybe I'll even recover the cash this gold hedge will be costing me if I'm lucky.
I am a complete newbie and am looking forward to learning all I can, so that I can make money in the futures market.
I stumbled upon Big Mikes's post after looking at the Russell 2000 program. Thanks Big Mike! you saved my life. Err. excuse me, I forgot to introduce myself....I'm Earlclue, from Tucson, AZ.
Hey everyone my name is Rich and I have been a member of Big Mikes for three months. I was wondering if there was any interest from people in the surrounding area (Calgary and Airdrie) that might like to get together once a week for a trading discussion. I was thinking of maybe getting together at a local Tim Hortons for an hour or so and talk about anything and everything that may come up. I was thinking of maybe tuesday evenings. Let me know if anyone might be interested....
The following user says Thank You to rkatyi403 for this post:
Hello to all! my name is mike, IT professional and longtime trader of everything that can be traded, im here to try to figure out what instrument to master.....
that is my main goal right now, how does one determine what to trade?
big thx to Big Mike and dedicated associates for running what appears to be the premier forum for trading.
here is what i have to deal with daily...:... i provided quotes to a customer for new laser printers, after sending the last quote i relealized i didnt ask her if she wanted a color laserprinter or black and white, so i shoot her an email "mary , did you want another color?, she emails me back,, "mike, color of printer? yes, if you can provide a light and dark grey or blue combo, or similar, we are getting new carpet and cabinets and ....... prob not pc but im gonna use them anyway....... aaarrrrgggggg
I want to cancel and nowhere is there a place to CANCEL CANCEL CANCEL CANCEL. i AM BEING CHAGED $50 EVERY MONTH FOR WHAT??????? i WANT TO CANCEL i WANT TO CANCEL i WANT TO CANCEL HELP i WANT TO CAN CEL i WANT TO CANCEL THIS RIDICULOUS WEBSITE.
I will send you a PM, but I assure you it's a one-time $50 charge for lifetime access, not a monthly charge. There is no cancel because there is no recurring charge.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post:
Platform: NinjaTrader, TradeStation, Sierra Chart, Multicharts
Favorite Futures: futrues
Posts: 6 since Nov 2012
Thanks: 0 given,
I've been trading for 20 years. I only trade big swings 2 to 4 times a year. The rest of the time I am developing trading systems based on market observations. I work out of Hong Kong for most of the year and the rest of the time in Southern Cal. I am looking forward to seeing what this forum has to say. cheers, Triper
I came in here to introduce myself, instead I'm close to rolling around on the floor laughing at this persons paranoid post haha.
My name is Ryan, I'm 24 and have been trading on and off since I was 18, so roughly 6 years. To not beat around the bush, 6 years of trading and I have had only loses over the long haul (all on FX and CFD's). I currently am now am devoting my time to understanding the DOM and reading the tape through T&S quiting FX and starting futures. My last job was working for a multi-national derivatives and FX broker where I learnt more than ever in regards to the market (good but most bad).
While I have been trading for 6 years, I have never had a profitable year or even month, and aged 24, have lost more in the market than you would pay on a brand new Mercedes or BMW x2.
I quit my job in the middle of last year in quest to travel on a RTW trip before 'settling down'. 9 month in, I am currently still traveling and have been to over 20 countries and seen and done lots of wonderful things, along with meeting some amazing people. As I travel I have had more free time on my hands to think about what is really important and what is possible if concentrated 'properly' upon. I decided to join your forum Mike due to the fact that some of the member's within the forum are at a stage in their trading which I aspire to be at.
My overall goal is to trade full-time futures on the ES and/or US Treasuries. I will be using a combination of Ninja trader & Jigsaw to supplement my trading style which is scalping. I will continue to learn from the members in this forum along the way. I would love to have a profitable week combining that with a profitable month then quarter.
Looking forward, one I have proven to myself I am capable of sustaining consistent gains over time, I would then very much enjoy 'giving back' to the community, by providing education in the form of articles, videos, webinars and tuition, to help anyone else struggling to find that overall consistency they need to succeed as a full-time trader.
For now, I shall continue to move forward despite the set-backs I have endured to fulfil my goal of becoming a profitable full-time trader.