From Sydney, Aus. Just starting out. Have used a few EAs, signals, blown up accounts, tried others etc; manual trading not so much, but i like Bill William's stuff - but I am not sure if it actually works.
I came across no BS day trading, so will look into that, but it seems that his scalping is focused with bonds, and I find that bonds aren't very accessible here in Oz. But maybe I am just looking in the wrong places.
I am not a newbie to trading. I was full time in the late 90s up to 2001. Had one good and a couple ok years. I had 6 months of break even or small losses. That and events that distracted me from being able to focus on trading made me leave day trading behind. I am not sure I want to jump in again but I now have the space to be totally focused on it...so I probably will. I am here to see how the game has changed and if my old setups still work.
I Was In The Right Place, But It Musta Been The Wrong Time.
I spent the last several months observing/investigating/analyzing and summarizing the guru-for-hire Marc Nicolas (sp?)
of TradingEmini.com (now defunct) and DayTradingzones.com.
Several people expressed interest in a thread back in late 2012. I thought I could help because he/they are extremely aggressive marketers so it is likely other folks here have recently had some form of contact and interest.
I prepared a mental analysis and summary (everything I do is mental) and intended to post it as a reply to that thread.
I was surprised and disappointed that one must post 10 times before being allowed to post in that category of threads. Furthermore, anyone perceived as erroneously posting elsewhere in order to hit the threshold of 10 would be summarily executed (poetic license). So, "hands up, don't shoot"!
I'll keep my stuff to myself and continue to enjoy the great content that this forum has accumulated.
I gladly defer to the wisdom and experience of Big Mike, notwithstanding that they contradict the several auto-send messages a newbie receives.
Thanks for making this forum available and to all the folks that contribute so much.
I kvetched about that only moments ago (see post below).
I too am here (trading full time for the last 17 years) for the "easy money". I know that you know that the way to success is fading the goyim (amateurs). Options enable me to do that nicely. Fagan was right until the goyim got him.
Shalom Aloha baby.
P.S. Maybe this is post number 2. Only 8 to go if the illusory ubermenchen deem it so.
I luvs me bluegrass and I luvs me the banjo. A good player is a one man band. Check out Earl & Lester's "Area Code 615" and the Dirt Band's "Will the Circle...". Oops, u already got them down and a hundred others!
Trading is the same as it ever was (Talking Heads). The big fish (with money and technology and inside info and analysis) taking money from the little fish (under capitalized, deluded, get-rich-quick, and ignorant to the system).
You gotta test your old setups for yourself but I think they are as good as they ever was (sic) (Talking Heads again!??!).
You already know the trick is to match your setups to the prevailing market conditions and then hope they continue a bit longer. It is a given to CYA in case it don't pan out that way.
I'm gonna spin me some Bill Monroe and thank you for gettin' me post #3. Only 7 more if I live that long!
I have been on the trading journey for some years. Recently decided to look at futures trading and discovered this site while looking for information on trading rooms. I am so pleasantly surprised to see the depth and quality of information available on the site.
I think this has to be one of the most interesting sites I have seen and I look forward to spending time here and contributing if/where I can.
Let me know how you get on with your quest.
How have you found the changes of trading over the decades?
What systems or strategies have you found profitable over the years, have they varied?
Any words of wisdom