Like other traders I have spent too much time and money learning to trade. I have been using Ninja for about 5 years. I am still working on my own system that I can make a profit with. It is a long road, but I know that if you give up you will never get there. Sim trade until you are sure that your system will work for you.
The following user says Thank You to kens4110 for this post:
Greetings, I have traded Forex for 4 years and have moved away from it now to embrace options trading. I've been studying since November of last year and have a window of about 6 months wherein I can aggressively speculate a $5000 account to see how much can be accomplished. Currently work from home and have been studying scores of books and courses, looking forward to success!
The following user says Thank You to Merchantprince for this post:
Hello futures.io (formerly BMT). I've been trading off and on for around 10 years. At first I was mostly just investing in hot tips, that actually paid off, and then followed Warren Buffett some. Lately I've gotten more into learning technical trading and I have $1000 or so. Taking it easy and learning by doing. I've mostly been trading based on dailys and watching other timeframes for support of the signals I see. Actually sitting in a losing position that is looking up... hoping to at least come out even.
Looking forward to learning more from you all.
The following user says Thank You to Breakhardright for this post:
I have been trading 18 years, 14 in Forex. I built a 2k account to over 250K in 4 years using carry trades with no stop losses. Then the subprime crises hit and wiped out most of it. The same stubbornness that helped me build the account worked against me when the market went to all time lows in the USD/CHF and GBP/JPY. I decided to start again this time using stop losses. I have not found a method that utilizes stop losses that can deliver consistent profits. This Forum might help.
The following user says Thank You to tdfuture for this post:
I'm new to trading and futures.io (formerly BMT), I worked in computer support for several years while playing online poker on the side and when I was laid off from my last job I started playing poker full time. The biggest companies in the online poker industry were forced out of the US market a couple years ago and the sites that remain aren't worth playing on for several reasons, so I've been looking for a way to apply my skill set to generate income and I'm hopeful that I've found it. I've intentionally avoided the market over the years mostly on principle and because I felt that between so much mental power dedicated to it, information asymmetry, and bending/breaking laws, there wasn't enough edge to be had. After researching for only a week I've concluded my original assumptions were far from accurate, not that the factors I mentioned don't apply, but there are lots of mistakes being made, and where there are mistakes there is edge.
So the journey begins.... here's where I'm at right now:
-researching and learning as much as possible to build a comprehensive framework for thinking about the market.
-specifically learning about options.
-downloaded TOS to start getting a feel for how the platforms operate and do some paper trading.
-researching and comparing brokerages and platforms.
I'm really looking for the best ways to move forward, any advice is always welcomed and appreciated. Thanks for taking the time to read my intro, futures.io (formerly BMT) seems like a great resource and I hope to learn and contribute.
The following user says Thank You to New Level for this post:
I am brand new to trading. I have a very small account and am currently only trading long on stocks. I am interested in learning how to short and I am very interested in learning about options, although I am intimidated by them. I see so much information out there but I don't have much money to pay for all the training so I keep trying to pick it up here and there.
I have been actively trading only about a month. So far I am up around 2% but already have made many of the common mistakes. I have no problem cutting my losses. In fact, I err on the side of dumping a stock at the first sign of trouble. I am working on becoming more disciplined and honoring my stops.
Anyway, I'm glad I came across this site. It seems right up my alley. I am very interested in developing my own Thinkscripts but am also new to programming, especially programming something so technical.