Hello all. My name is Fritz. Serial entrepreneur, husband, retired hockey dad, retired hockey coach, and an avid tournament poker enthusiast(btw, not a gambler, it's in the math).
I started in the world of trading in the late 70's, manually going through a broker. Didn't take me long to see the cycle of broker needs to make commissions and bailed on that plan.
I also got hooked up with a fellow in the old Vancouver stock exchange, (it was like the wild wild west back then as it was mostly speculative gold mining) who would have a list of folks to buy up any ipo's he introduced. File that under education also.
Coming to the realization of how little I knew of how I thought the markets worked, I set out to educate myself on the subject between businesses, hockey games, and life in general.
Late 90's to early 2000's, I dove in again, but this time I worked at it full time. We had a awesome group of 10 workaholics in a private mIRC chat room, and we would spend hours upon hours scanning and looking for stocks to trade. Sub-pennies to Nasdaq is where we would mostly farm. We, as a group, developed spreadsheet after spreadsheet looking for certain setups and patterns. But (there always seems to be a but), I started to get massive headaches, and you cannot trade, or do the work well, buzzed on advil. The cause, I found out much later, was the difference between the frequency/refresh rate of the overhead florescent lights in my office, and the 6, old style CRT monitors I was staring into all day. The solution was LCD screens. But back then they were super expensive, and nobody I knew was using them. Now this time around I was money ahead, but it was a chore to put in the time, so I parked it again.
I could not forget trading and kept my eye on the industry, still reading book after book.
Then the light bulb moment. I had spend so much time finding stocks to trade, I totally missed that I had a poor idea "how to trade". My boys are all retired from hockey, and my businesses are self sustaining, so back to school for me!
The futures.io (formerly BMT) community is an amazing resource, and thanks to all who contribute. One day I hope to make a contribution also.
Last edited by Fritzk; December 22nd, 2013 at 10:08 PM.
The following 2 users say Thank You to Fritzk for this post:
Good evening there
I am looking to learn from other members and to generally stay informed with waht is going on with the social movement we call trading. It seeems everyone wants to be part of it, so I am finally hopping on board. Hope everyone does well.
I'm a recent convert to the world of trading. I've blew up a lot of money on "the best trading education" but I still have not seen significant improvements on my trading results. Needless to say I glad I've found this site.
to introduce myself: I'm quite a beginner to trading - located in germany.
What I look for on futures.io (formerly BMT):
(Trading) mind development
connect with other traders
What I do to gain knowledge and develop my trading mindset:
learn from the experience of my coach
learning price action
familiarizing with NT7 (no broker or data vendor yet - just using market replay data)
small trading setup
develop a plan
Which markets I'm interested in: (not easy to answer a beginner)
I too have had some success but too many struggles trading futures. I hope this forum will provide a lot of insight into great ideas and knowledge from successful traders and hopefully one day I too can contribute to someone else's success. Great to be here! Thanks.