I'm very new to trading with only 1 year of experience and after many suggestions from around the web suggesting Traders (especially new ones) need to get involved with a trading community, I quickly joined Big Mike's Trading Forum.
I read a lot about people who have that natural ability as a Trader but I don't think I'm one of them but I love games and I love the game of trading and want to succeed very badly.
I enjoy looking at charts and studying Market Structure. I really enjoy reading about new and different systems like the Ichimoku and Turtle Trend Trading System. I watch a verisimilitude of Trading webinars (how i found futures.io (formerly BMT)F), and push myself to read about Trader Psychology mostly from Brett Steinberger via his books and his blog.
I read Zerohedge and Abnormal Returns because I think that will help me learn about Macro Economic fundamentals but I'm still not sure how to combine the ideas of Fundamental Analysis and Technical Analysis.
I keep a Trading Journal using One-Note and have a Trading worksheet made with Excel that captures my metrics such as Accuracy Rate %, Avg Time in Trade, and Profit/Loss Ratio. Entering stats from a big, losing day feels awful but I do it in belief that I will succeed and I can learn something.
I use a screen video capture tool to capture all the trades I make everyday so I can use it for homework and review every night. Watching a bad trade over and over again is painful and watching a series of bad trades over and over again is hell but I'm hoping doing this has benefits.
I know I have a long way to go as I am bold when I should be cautious and hesitate when I should be bold. I have a deep desire to figure out trading and commit myself day-in and day-out to discovering how to be successful at this.
I hope with more years I'm also able to teach what I've discovered and give back to the community all the lessons of trading so we can continue to grow and prosper.
The following user says Thank You to TraderEnlight for this post:
Hello, Hello, I'm new to the forum and have some questions, among them:
How do I know which strategies other users of NinjaTrader are you using?
How can knowing which strategies are on the market, take care of this for more gains?
How do I know which are the most winning strategies for example, the futures market winq14?
There are ready-made algorithms with proven winning strategies?
how can I trust an algorithm if it is done by others?
The lag that usually has the brokerage, even slightly, will not hinder me too?
I can use the NinjaTrader to make a program market makers? Thank you in advance,
This is Mukaddim. I've just signed up with futures.io (formerly BMT) and feel really great in doing so. It's good to have been connected with people staying far apart, always an exciting experience. Looking forward to a memorable journey.
Started in 2000 with 'investing' because a friend was telling about his large profits on the nasdaq. It was only luck that I was completely flat before the crash. This opened my eyes and I started to learn trading. I tested lots of stuff I found on the internet......... Afterwards I discovered I was looking for the perfect system....which does not exists. So now I finally accepted that losses are part of the business.
Thanks mike for the help with my account.
The following user says Thank You to trendandfade for this post:
I been trading equities for about a year now. I hope Big Mikes trading can provide me with more insight into being a profitable trader. I'm looking forward to educating myself further and gaining new knowledge.
I first started day trading almost ten years ago with no success. I had to call in my orders at that time. I have picked it back up a couple of times over the years. I have blown up several accounts. About a year ago I began my latest attempt, definitely older but not much wiser yet!! I find trading to be extremely interesting and challenging. I joined the CFRN group in late 2013, but did not have much success. I like the owners at CFRN but their trading style did not suit me real well. I learned a lot from them and do not think I wasted my money. I like to trade the Russell, S&P, and Dow minis. Recently switched over to NinjaTrader and using Bloodhound software to develop a suitable trading plan. I look forward to sharing what I have learned and learning from actual traders.