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.
First of all thanks for the forum and warm welcome. Secondly I would like to tell about my adventure with trading so far. Well I spent a lot of time (7+ Years) and lot$ of money in training rooms, indicator purchases and found that most of it is bunch of BS that never produced as designed. So now I trade mostly just price action, volume and pivots.
I would like to ask a question to the members here is at what point did you go forward and trade live - after backtesting and forward testing for how long? Weeks/Months and how much draw down did you anticipate before cutting the cord?
Just looking to make an introduction. I've been in the markets in some way or another for the past 10 years or so, mainly in a buy-hold strategy. I've blown three accounts trading currencies and walked away after the last one for about 5 years. At the time, my only strategy was buy low, sell high. I love that one...LOL.
Over the past six months or so, I've discovered this forum and want to put a big thanks out there to BigMike and this entire community for their insight and dedication to making this truly a unique place. I've begun what I hope to be a long-term journey in commodities trading. My focus now is price action trading with a bare-minimum of indicators if any at all.
Thanks again to the community and I hope one day to be able to contribute some of the insights I will no doubt have over the course of this journey.
I've been here a while, but never really joined in the conversation. Sorry about that; guess I'm more of an introvert than I thought.
I believe we can learn a lot from each other when we open up our ears and listen. I'm always amazed by what I learn from other market participants, especially on forums like this one.
After graduating from the NYIF, I started in the stock market at the NYSE back in 1975. I moved over to the ASE as they started reintroducing options. Man I loved those options, and still do to some extent. For that reason I'm hoping Sosnoff does well in his attempt to bring Millennials into the market.
The only regret I have from my early Wall St. years is that I turned down a job I was offered at Lazard Freres. Stupid, stupid, stupid.
So, I started with stocks, went over to options, and eventually made my way to S&P contracts, and now it's DOM trading the ES on a screen. It's been an amazing progression, and I can hardly believe what's happened in/to the pits since I first set foot on Wall Street.
I've seen a lot of edges come and go over the years, and hope to see a few more uncovered right here. If we're honest with each other I think we can say that's why we're all here. Thanks Big Mike for providing this opportunity to listen in on your excellent forum.
To do my introduction , I can say that I am on the markets since 3 years .Most of the time , I Follow someone who is a professional .When I want to take positions by myself ,I am on this tickers BX4.PA and LVC.PA only few days ;all or nothing of my capital , only a online portefolio ... Otherwise ,I find lon-term trading boring .
thanks to Mike for this forum. I am learning how to trade markets about 3 years. I statrted with intraday, than get some losses and ended up. I was trading than commodities, some seasonal trends but without bigger gains. Now I want to continue in progress and started again with intraday on stock indices.
I am a young college student from Belgium and i'm aspiring to become a great trader. I haven't invested any money yet, but I have done some paper trading for some time. I hope that this forum will prove helpful to beginners like me and that, after a while, I'll be able to contribute to it myself!
I live in the US and am interested in learning more about trading. I kept seeing reference to this forum when Googling for various trading resources. I have been trading on and off for about 10 years with varying degrees of success and hope to take my trading to the next level and become consistent, and part of the elusive 5%.