I am trader who is trades 6 dif assets at once, CL GC ES NQ TF and NG
My success rate is improving alot however I am looking for a mentor to
take me to the next level
I have read about 20 books and trading, I have also used IBD and canslim.
I am using 4 dif methods to trade.
Help by an experienced mentor would be greatly appreciated and I am willing to give
back and pay my dues
I am new to this forum.
My name is Joseph and I am a retired design draftsperson trying to generate income via day trading futures.
I have been sim trading for about a year and I am looking for ways to improve my results.
Thank you for letting me join your forum.
I will be brutally honest here. I drove a gasoline tanker for 12 years and while it payed the bills i just was never happy or content doing it. I have a friend I went to high school with, my best friend actually who became rich after the 2008 meltdown. He was able to pool together some $ and went all in on some preferred bank stocks and made millions over the next few months. I watched him soar into the stratosphere and over the next few years slowly give most of it back. Don't get me wrong he is by all means not destitute at the moment and hopefully comes to his senses and learns some risk management before he's forced to go back to selling computers. During this time while I was working I delved into the psychology aspect of trading bc I truly wanted to get into the business and actually learn from my friends mistakes. I have read 10-15 very good trading books and opened an etrade account. I didn't have much capital or time to trade at the time but i scraped together what i could. I lost a few grand here and there but honestly my heart wasn't truly into it probably bc I didn't have the time. Fast forward to now and here I am. I hurt my back about 2 years ago and received a decent settlement >120K. I am not working at the moment but I am not waisting anymore of my life not living. I have an etrade account open for mainly stocks and I just opened a TD futures account. After a few weeks of SIM trading /CL like a pro I started trading real $. Not surprisingly SIM trading is not quite the same and i think most of us know the reasons why. Currently I am down about a grand in my real $ account. I have decided I am not ready yet and I am taking a step back to learn more. I am truly happy to be here and I know this will be beneficial to me in the long run, I have no doubt. Thanks Mike
Last edited by Everyman; November 9th, 2014 at 12:49 PM.
Been actively trading for a few years following the demise of 2008 and still working at it. I seem to take 1 step forward and then 2 steps back. I am optimistic and do plan on getting it right. I appreciate the service provided here!
The following user says Thank You to gongo for this post:
Just being asked to introduce myself, so here I go...
Have been interested in trading for years. Have developed several trading systems on end-of-day data, but didn't have the discipline to use the systems in real life.
A few months ago I opened a Tradestation account and hope that I will be able to develop one or a few intraday trading systems for autotrading. At the moment I am in the process of developing and testing a few concepts on crude oil futures (CL).
I am only a beginner in the intraday trading / autotrading scene. One of the reasons I ran into bigmiketrading is because I was looking for information shared by experienced traders. And looking for sources in tick data.
I have been interested in trading stocks in Australia from 1999 and then in 2007/8 was convinced by a successful trading friend that FOREX would be better.
Since 2012 when I have been really getting into it more I have enjoyed several only short lived successful trading periods from 1-3 months where I make some money and then donate to the market again- annoying but I'll get there. It invariably has to do with overleveraging in the end after having a period of sometimes 10 folding the account- so others, don't do that- it may work for a limited period, but not once your account grows- does something funny to the brain- mine anyway.
And once you are aware what's happening, it's interesting to see how the big banks try to rip the little ones off.
Good luck everyone and hoping for consistent results for the rest of 2014 and a healthy smart start to 2015.