Though registered since 2 month i have not posted yet. But I have read a lot of futures.io (formerly BMT)'s material. I'm not posting most of the time because either a) I seldom have a question a thorough search cant answer (and those unanswered ones, on second thought, often dont make sense) b) the general level of contributions is high, way over my noob trader's head. Hopefully that will change as I improve. Online Trading journal is definitely on my list.
I've been working with a (she) behaviorist in the past 5 years to help cope with some personnal issues. One day she hinted I might profitably read Alexander Elder's books. I did, and this sparkled an interest in trading. So no, i don't trade stocks since age 12, quite the opposite.
I'm still very much an aspiring/learning trader. I am not profitable, I am able to maintain a flat equity. My prefered timeframe being the daily. Instruments : stocks & ETF. I am also following a (long) scalping training program (on futures) in order to explore the faster timeframes. Being rather a duck hunter than a gunslinger, i'm not sure i will ever enjoy/bear trading discetionarilly on the fast timeframes. Probably not. But checking to be sure.
Systematic price & volume based systems make the most sense to my nooby self. I've dropped most indicators the math for which cant be written on a napkin's corner.
Having been an engineer and 20Y+ linux sysadmin, I certainly like math,... but even more simple tools that work. The most inspiring talk I ever watched to date is Rich Hickey's "Simplicity Matters"
Hence I'm very fine without a gui (except for charts ofc). I find it quite painful, in the trading world, to have to go through proprietary packages/solutions (mostly C# and/or java, mostly windows based). I dont like OOP, i'm more of a functional programmer. So R and / or python are my tools of choice. Also, I'm not a good programmer. I can code. I'm just not in the Rich Hickey / Larry Wall / ... league.
I've worked for a small HFT firm (as a sysadmin, not a trader!) and have found out that tools like deltix/timebase or streambase, which I might have fantasized over, are overkill for anything i'm interested in doing atm.
Like many, I've tried a myriad of platforms out there and sofar, except for a good DOM, I'd rather use my (modest but growing) bunch of scripts, with a web interface & a SQL backend. This thread, especially, got my attention : Big Mike's custom trading platform .
I'm french by the way (yup, another one of those), living on a secluded island with my wife, familly, and ADSL connection.
I'm grateful for this community to even exist as I've learned a lot already reading you all, and watching quite a few webinars.
My background is software engineering, communication systems and mathematics. I've been trading for a while with big hiatuses in-between. Recently my interest in trading returned and I started digging into it again but at completely different level. I am revisiting and challenging the areas I think I already know. I want to really know what I am doing and remove the stress component related to the training. And it is absolutely fun!
Hi everyone, I have been trading for over 10 years, but have only become really serious about it 2 years ago.
I now trade forex exclusively. I use NT and MT4. I have a particular interest in algo trading, as this suits my engineering background.
I just became a member of futures.io (formerly BMT) forum as I find it to be better quality contributions versus other sites.
Look forward of becoming a more active contributor in the future.
I actually signed up awhile ago and forgot that i had signed up for this account. All the emails were going to my spam folder unfortunately. I have now rectified the situation. So even though I registered almost two years ago. I am actually new to this site as I have not posted anything and hardly visited it (to my misfortune). It is a great site and I will try to contribute more.
I use TA but have not really written code. Prior to using Ninja Trader I only used Metastock. I still use metastock but find the Ninja trader platform and tools to be very compelling and user friendly. The learning curve is not step.
My schedule is very hectic so it does not leave too much time for chatting but I will do my best to contribute. I mainly position trade and due to my schedule I tend to use daily charts, weekly and monthly charts as opposed to intraday charts.
I am new to this site and I thank Bike Mike for the forum. I have been dabbling with trading futures for about 10 years now, and at first I had a little success and then blew the account. I am using Ninja Trader which has now joined with my broker (Mirus) and I hope this will work well for the little users like me.
I have been looking for good indicators and have found 2, but these are only medium in success. I have found 60.8% success. Obviously like everybody I am looking for the Holy Grail of trading but as we are all told it does not exist. The 2 inidcators I am using so far are a simply SMA cross and then also an Ichimoku chart which is free on the web. I am looking for a third inidcator to confirm these and will go through some of these on this site.
best whishes to all on the forum and I hope we can share our successes.
I am a new trader and it's a pleasure to join you!
My story is short but I'm sure it's like many others that find their way to trading. I'm 48 years old and recently left a six figure job because of company politics. After working there for 11 years and realizing how disloyal employers can be to their most important asset, I can not stomach the thought of working for someone else ever again! :-)
About 6 months ago, I became fascinated with trading and I've been cramming massive amounts of information into my brain on the subject ever since.
I have been doing well in a Sim101 environment for the last 2 weeks and even though I still have so much to learn, it all seems a little too good to be true.
Am I missing something? Let me be more clear with my question......
I'm trading the ES futures market with 2 contracts which is a total of $100/point combined. I'm thinking all I need is about 1.5 points a day average and the compounding account increase would have me up to 10 contracts within a year and making well into six figures. 1.5 points a day average does not seem that difficult!
Am I over simplifying it because so far I have been doing it on Sim101 for a few weeks.
NOTE: Just to give you some perspective, i have more than 20,000 trades ( SIM +LIVE) and 4 years of nothing but trading. By the time a trader reaches a level where trading becomes SIMPLE enough to have a chance most of the
traders are done for 100's of different reasons. I wish i had not left my job before jumping into trading. It would have been lot easier and quicker to get some where. I was given the advice but for whatever reason i did not paid
attention to it.
Last edited by mfbreakout; July 1st, 2014 at 06:02 PM.
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