I am, more often than not, directed to futures.io (formerly BMT) forum during my countless ours of googling and researching with respect to trading the financial markets.
I've found your community here to be mutually supportive, curious, and proactive in putting forth the effort to grow both individually and as a group. So, here I am, finally a member!
I've been trading on-and-off for a number if years, and now have committed myself to truly mastering the craft. I particularly agree with Mike's comments that 'success comes from within you.' This too is my conclusion.
Thanks to everyone here for your contributions, and I hope that one day I too can significantly contribute to the group and help yet others to grow as I have!
The following user says Thank You to scarabofra for this post:
My name is Robert and i'm about an hour outside of Houston, Tx. I have been bitten by the trading bug and want to learn all I can. I have zero experience with the market and everything that goes with it. I have been trying to learn about the E-minis.
I'm interested here because there seems to be a better quality of discussion than forex focussed sites. But more walling off in very expensive paid areas. I agree with the idea of paid areas to improve quality but making it very expensive doesn't improve the quality more with efficiency. Metafilter's $5 fee is in support of this. Funds to support the forum are good though.
I'm interested in the problem that what pattens we think we see could be an illusion:
So we need statistical studies looking at just how reliable a method or indicator may or may not be:
search fibofail.pdf & thepattensite
I'm still going through fads and fallacies and hoovering up tons of info. Too much info in fact.
I'm currently interested in Volume Spread Analysis. It seems to be able to bring additional help to many methods and systems.
The key seems to be in looking for points when >1 indicator agrees. But choose your indicators wisely and sparingly - the more you have the more you open hazard yourself to wishful thinking.
Psychology is on my mind a lot. I have some rules as crutches - cooling down period after win/loss, preplanning, 3rd party checking, trying to hide from myself some info on a trade to prevent emotions, preplanning when I will check the price again (not checking too frequently) etc.
Don't know how much of a contributor I can be but I've tried a lot of systems out there and I'm still trying more. If anything I can probably help with what not to do. But I actually came in here looking for some help on gomi volume ladder and was wondering what I have to do to download the indicators.