I am from Australia and would classify myself as an intermediate level trader. I have been trading for approx. 2 years and think of myself as a breakout and trend trader.
I focus predominantly on stocks within my home exchange the ASX - for no other reason than it being within suitable working hours. I am always interested in peoples' ideas and am always happy to discuss any trading strategy, issue or theory.
I guess I am looking to refine my trend/breakout strategies and take my first few steps into the world of day trading (which for some reason I have never been able to properly get into).
Feel free to run anything by me and I look forward to speaking to you all.
My name is Roy from Nashville TN. I have 10 years trading experience trading the Forex Market. I would like to start trading other instruments such as the Russell and E-Minis. I am looking for trading knowledge and methods to help me in my journey to be a successful trader. I welcome all suggestions and ideas exchanged on this forum. I look forward to corresponding with all of you.
From one masochist to all my fellow masochists, Greetings.
I am very happy to have found this great forum.
I have been stumbling along for longer than I care to admit but my slow progress keeps me at this masochistic endeavor.
I trade Forex, ES, YM, corn, crude, as well as EUR futures, and Stocks...... None particularly well but I am still at it and making progress.
I am a beginner. Started this year, on and off while finishing school. I want to become a full-time futures trader and have tried the US treasuries and the E-mini S&P.
At this point, I still have many questions as far as the market works and how it changes. So, for now I will be reading the journals and other posts that are relevant to me.
Thanks for creating this space and good luck on your trades.
I have no idea if I'm introducing myself correctly....but here goes....
I've been involved in the financial services/investment field for over 20 years working as an investment wholesaler for several large insurance and mutual fund companies. After losing my gig to a corporate reorganization- due to a bunch of boneheaded middle managers who 'think' they know about product distribution but have never done it themselves, sorry, little bit of a rant there... I find myself trying to figure out what to do with myself when I grow up. Trading always interested me and it seemed cool and exciting with a lot to learn in an ever changing environment-- right up my alley so to speak. And what a way to make a living if one could be successful!
The discouraging thing is, after having subscribed to several trading services and rooms, studied and watched and researched relevant material, I have yet to make any money in the past 18 months. I'm beginning to wonder: does anyone make a living trading? I also question whether these trading room services/subscriptions make any money from the actual trading instead of from subscription fees? Is trading and subscription fees analogous to the American gold rush of the 1800's when the ONLY folks who made money consistantly were the people selling picks and shovels-- so in our case it's memberships, books, and software??? Am I on a fools errand trying to make a living trading options, futures, or even stocks? Am I the only one thinking this?
I really don't want to have to enter the real world working force again-- and at my age that may be difficult. I've been trading futures- the CL specifically with a modest account without much success. I'm thinking about pulling the plug unless there's a way to enter a trade with a better than 50/50 chance of profiting from it. Part of the problem is, the trading room I'm a member of, who do a great job of calling out the trades and the logic behind them, very often call the overall daily trend of the market, in this case the CL, correctly. So price action does end up going to a certain support or resistance level eventually during the day. The trouble is, is having the directional confidence to stay in the trade without getting stopped out too soon. How to stay in the trend and ride it out sometimes 80 to 100+ ticks a day?? I mean, yes, I could use bigger stops.....but....ugh!! Too scary. Maybe I'm dreaming.
I look forward to your thoughts and answers! Thanks
Last edited by Runner52; September 19th, 2014 at 07:02 PM.
Reason: add more commentary
The following user says Thank You to Runner52 for this post:
H, I am ptpatrader, and I am in the process of trying to get myself up and running day trading futures. I have traded options using my setup, which is nothing special, just based around SR and SD. I have good results trading options, but not enough to make a living, so.I turned to futures. I had some good weeks recently, and then when increasing lot size things went to pot....so back to the drawing board and this seems like a great place to grow.
my name is phil and mainly trade cl, 6e, eminis and dax. I trade since about 3 years now and my main focus is on s&d and s&r. My main timeframes are 5, 15 and 30 min charts and im watching closely price action and always have the bigger picture in mind.
Hiii Gents and a few ladies out there.
I started trading right after college graduation, worked at a hedge fund in NYC for 6 months this year. and now i'm trying to make my first black box by January 1st. i thank you all and BigMike for all your contributions and assistance on this site.
looking forward to learn more and contribute more on this site.
Look at different brokers like FXCM, they've got NT, Trade Station and MT4 platforms, and also check on what they charge overnight fees. If you are going to trade futures you will have your trades running for more than a week at a time.
Look to open a demo account first to get the feeling of things. Good luck and profitable trading.
The following user says Thank You to neelszyl for this post: