after joining this forum in 2013, I guess it's about time I introduced myself. My apologies for taking this long.
After spending two decades in finance, a few years of which developing fx trading models for a German bank, I opted for the relatively more relaxed life in IT. Trading part time since 2012, I built my trading account up to about 5 times its initial equity within a year doing straight discretionary trading. That was probably more than my ego could bear. I got cocky and blew about half of my account. I decided to take a break from trading, went on another two year stint in IT, and now I'm getting my feet wet again with NinjaTrader. The idea is to fully automate my trading, or at least a significant part of it, so I won't have to spend my life glued to the screen. I'm relatively new both to NinjaTrader and C#, and even though I'm an old hand in trading, you never stop learning, so that's what I'm here for.
Happy trading to yall !
The following user says Thank You to joerg for this post:
Hello Guys, I am a new elite member, I have a simple autotrading method that uses three ema crosses, I would like to know it anyone could help me tell it not to take a trade unless it is above or below the 50 ema, also to incorporate time frame of when it can take the trade. i LOVE THIS FORUM BIG MIKE
Starting to learn about technical analysis. I have traded stocks for years on limited knowledge. Buy a stock here sell it there. All based on when I felt it was the right time to buy or sell. Same thing with options. I did great in 2009 with DNDN and AAPL, and HGSI, but it was easy back then when the market was starting to turn. But my lack of knowledge killed me a few years later.
So I still have the buy and Hold strategy in an account, and I have another account that is for options trading. So before I jump back into options trading, I want to learn more about charting, support/resistance, trends etc.
Hopefully I can learn a lot here. I already have questions!!!
I think I've found the best forum to ask current trading questions.
I signed up to other forums, but they seem not right for USA, or their layout is not my style.
About me: I'm new to having cash, so I'm new to trading.
I've lived in Silicon valley for most of the past 20 years, and have been watching stock trends since mid 90s.
I've met directly and provided service for household name CEOs and watched how they operate up close.
I don't have ANY insider info, sorry! But I do have psychology knowledge.
My edge is that I have seen and can spot the VC cycles, from drunken optimism and fountains of capital, to denial to anger to stopping the bleeding, to starting it all over again. Its pretty predictable at this point for me, and I need to get started trading right away, now that I have capital. Not to invest big and long though! (If Anyone is reading this: better plan to be done risking by spring 2016 at the latest.. I think Xmas will be good to businesses that make money, and markets will spike,.. but the overwhelming amount of startups who aren't making money will be destroyed by summer '16, leading to layoffs, leading to increase in unemployment, leading to fear and the uncertainty of a big election & its typical speculative possible effect on markets.)
But right now I think the rest of 2015 will continue to be a good year. Why? The VC firms have bet so much on a bunch of crappy companies that they won't want to cut their losses yet, and they will continue to pump more money into them trying to make their investment work... which means: more jobs/less unemployment/more people investing in stocks/more Xmas money... add in cheap fuel/transportaion costs, 2015 is looking like the fruit is gonna get sweeter before it rots..
So there you go! hahahaha...
Thanks for having me, and I can't wait to get started!