I have more or less successfully traded in stocks for a while and I am now looking into trading indices with NinjaTrader. (indices because they seem to move less erratic and have higher liquidity)
Everything started when I read on of those books that simply sell newbies on the idea of trading in CFDs.
Thank god I was smart enough to not fall for this as I am especially not capable to control my emotions enough to make that work.
I have spent the last 10 years on and off learning about the background and I will not stop until I have tried to have a computer trade my strategy. Either I fail and will at least find peace of mind - or I succeed and get some money. Either way I can only win.
Thanks Big Mike for creating this forum. There is allot of great info here and I hope to be able to contribute to this as well.
My last intro got deleted because I mentioned the school I went to to learn about trading so I will omit that this time. Going to school and taking a proper education in trading was the best thing I ever did and dung the first few days of courses I found out how much I didn't know about the markets.
Being much better prepared now and since I started live trading I did very well (35%) in 2 months but, that early success led to me to become overconfident and I have since nearly blown one of my accounts. Back to the basics now and begin the recovery process which is primarily a function of psychological and emotional control.
Currently using IB and the TWS for trading but, I would like to move to a better platform such as NT, MC or anything else that folks are willing to to share experiences about. My focus is futures and stocks while I have been educated in options I would like to begin trading them also.
I'm a forex trader and recently come to know regarding futures trading. It's been a lot of information out there and i'm been trading to absorb and learn as much as i can. Moving forward, hope i can get some guidance from all the senior here.
Thanks for the forum. I am here to learn how to not shoot my self in the foot. FX is marketed every where by what appear to be mostly hypsters. Futures & options are also of interest, but going through a mine field 1st with no clue is suicidal.
The way you run the forum will allow me to learn from unbiased experienced pro's.
My name is Balázs and I began trading bit more than 1 year ago. I traded a demo account for 4-5 months and then moved live - but too early as I later realized trough a few expensive mistakes Currently I am break even and trying to improve further. I still have some psychological barriers to overcome to be profitable. My main focus now is on identifying and handling these barriers.
I'm swing trading US and European indexes. I check market internals where available (AD line, AD volume line, P/C ratio ect..) to identify divergences with price. Ultimate Oscillator by Larry Williams is the only indicator derived from price data I use beside Elliott waves analysis.
Ultimate Oscillator proved to work best for me to measuring momentum, I can only recommend it to everyone who looks at divergences. Maybe later I will prepare a post from my experiences with this indicator.
Thanks for the access, definitely looking to add value when possible. In and out of the the markets since tech boom of late 90's, made money, made mistakes, now starting with futures after focusing on SPY options in 2014/2015, excessive commissions and fees driving me to the futures market. Published a few biotech articles on Seeking Alpha in 2013 and traded off them for big gains.
Starting out focusing on NQ, did ok last week but it was a whipsaw, but now taking some time to step back, study chart patterns and learn to trade the ladder, appropriate stops etc.
THANKS, lets keep our wits about us and good luck to all.
My name is Jon, I work up in the oil patch of North Dakota. I have always had a fascination with the markets but have had limited success. Read a lot of books and researched multiple trading systems with not much to show for it but for some reason, I guess stubborn, I would like to think I can figure this out. How I even found this site is due to a friend joining another room and having the Gomi, didn't really understand it when I first looked at it but what got me all excited was the volume ladder. Couldn't stop thinking about it then finally joined Big Mikes to get it. Once I started exploring this forum all I can think is WOW what a sweet place to learn. I think I have found home, So many cool people with so many different backgrounds. Will be a great place to learn and hopefully grow as a Trader. My hats off to Big Mike and all the Traders that have made this forum what it is today. I know a lot of hard work went into making this place what it is. I hope someday to contribute like so many others have. Back to the Gomi Ladder, what a cool indicator, my success trading this on demo the last two weeks has been a night and day difference. Yall have a great day and hope all yalls dreams come true. Thanks Jon