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Introduce yourself here!
Started:June 10th, 2009 (08:43 PM) by Big Mike Views / Replies:530,431 / 7,059
Last Reply:1 Hour Ago (12:33 PM) Attachments:50

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

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Introduce yourself here!

Old November 6th, 2015, 02:00 PM   #6281 (permalink)
Trading Apprentice
Kelowna, Canada
 
Futures Experience: Beginner
Platform: Metatrader
Favorite Futures: Gold,forex,sp500
 
Posts: 1 since Nov 2015
Thanks: 0 given, 0 received

Thanks Mike

Been trading for a while - still struggling - thinking about giving up - saw a link to your thread about giving up so thought I'd give your forum a try as a last effort to make a go of it!

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Old November 6th, 2015, 06:59 PM   #6282 (permalink)
Trading Apprentice
lille/france
 
Futures Experience: Intermediate
Platform: sierra chart;investor rt
Broker/Data: transact/infinity
Favorite Futures: fdax
 
Posts: 1 since Nov 2015
Thanks: 0 given, 0 received

hello big mike! i really thank you for this efficient forum

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Old November 6th, 2015, 08:20 PM   #6283 (permalink)
Trading Apprentice
Gomel + Belarus
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: NQ, CL
 
Posts: 18 since Sep 2015
Thanks: 3 given, 9 received


Hi everyone!

A few years ago I was trying to trade forex with MetaTrader (mostly lost money). And when my broker went bankrupt, I stopped trading.

Now I'm trying back to trading. I like NQ and CL and I'm using NinjaTrader. I can program indicators/strategies for NT.

I want to build my own trading systems with strong rules, but still can't do anything profitable.

Thanks,
Vadzim

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Old November 6th, 2015, 09:37 PM   #6284 (permalink)
Elite Member
Sacramento, California
 
Futures Experience: Beginner
Platform: Tradestation & SIM NT7
Favorite Futures: ES, CL
 
Posts: 6 since Oct 2015
Thanks: 11 given, 7 received

my genesis

Hi all,

Just wanted to introduce myself to the forum seeing how much I have learned from here. I don't really expect anybody to read this right now, but it could be a cool genesis to my trading career should it take off. This might be a bit long.

I am an ex-professional poker player who decided to quit while ahead. I quit mainly because I didn't like the direction my life was heading; being in casinos, the hours, the hustle aspect... just wasn't for me. I had been doing it for about 10 years before I quit.

I had built a decent bankroll and wanted to do more with my life. I ended up getting a MA in teaching and have been a teacher for 4 years now. While life has been more socially fulfilling, I do not have that true passion in teaching. I have been exploring trading since before poker but never really got into it. This last year I have been looking at futures intraday more seriously. I discovered this forum and sapped as much information as possible before even starting to open a trading platform. I actually knew about it when it was called BMT but didn't take it too seriously back then.

After spending about 10 hours a day for the last 3 weeks (every morning before work, and every minute after), reading threads and watching webinars, I have gotten knowledge that might have ordinarily taken years to gain. I am obviously still a total noob, but I am confident. When I started SIM trading I was an obvious failure. I started looking at holy grail methods, specifically SuperTrend/Rampage, Perry's Method, then the Wizard's Den. I started messing with my own tools and quickly gained, what I perceive, as an edge. In my 10 hours a day SIM trading, I do market replay of random days in the last year and have found that I am *extremely* profitable. I convince myself that this is beginners luck when I look at the people struggling at TSTs combines, or just what industry standards are for profits. Also looking at the whole meme of only 5% of traders are successful, I am constantly doubting myself. There is simply no way that what I am doing is sustainable.

Perhaps there is a chance I am a natural at this, as I was at poker. More likely I am lucky. I recognize that. I will continue plugging at it SIM trading until I am absolutely convinced. I might do a journal, if I am convinced of my edge trading.

Some of my biggest influences in order of power in influence; I trade CL:
Adam Grimes using data to "prove" what has an edge and what does not
Al Brook's Price Action / webinars - elusive price action thread
Random line theory thread
@Fat_Tails work on different indicators, his threads about them
@big_mike 's trading journal, reading from start to finish. Fascinating advice and his own progression in trading.
@lancelottrader 's crude trading journal

On SIM, I average between $400 - $1000 a day, trading 3 contracts a day. Largest day is around $3000. Since I have gotten my current setup, I have not had a single losing day (starting 10/28). At this rate, as some people have said before, I should be working for GS. I realize this isn't realistic, I am not a miracle worker, and I am probably lucky.

My setup:
I SIM CL trade on NT7.
Start looking at the market at 7:25 AM till volume dies out in the afternoon.
Using 60 min and daily on one monitor
5 min, and 800 tick charts split on another.
I mainly use the 5 min to take trades. I prefer trend trades but sometimes counter-trend is too obvious to miss.
5-25 tick SL, 10-30 tick TP. Never worse than 1:1.
2 contracts is first TP then I move my stop accordingly for last contract.
I take on average 1 - 4 trades a day. No max profit or max DD. I take what I see.

Indicators:
anaBetterVolume with overlay on the 5 min (amazing for low volume/churn bars)
anaKeltnerUniversal (for my counter-trend trades)
MurrayMath (a good psychological tool for me, I take it with a grain of salt)
PriceActionSwingPro (a crutch because I am a noob still, a good training wheel)
TickStrike (exploring for trend trades)

I have learned all of this in about 3 weeks from here with basic market knowledge beforehand. Let's see if I am full of bull for the long-term (I probably am) or if I can turn this into a profession. I read so often that psychology is the most important part of trading. Poker has conditioned me to probability, variance, drawdowns, tilt, confidence, and self-awareness. If psychology is the big part of the game, I think I might have a chance.

I expect to go live in 3-6 months with a 100k account. I might journal.

Letsssss see.

-amob

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Old November 7th, 2015, 09:36 PM   #6285 (permalink)
Trading Apprentice
DC, USA
 
Futures Experience: Intermediate
Platform: IB
Favorite Futures: Emini ES, Crude CL
 
Posts: 1 since Oct 2015
Thanks: 1 given, 0 received

Futures Edge on FIO

Are you a NinjaTrader user?

 
Hi Mike,

Thanks for creating this forum for people to learn from and share with each other.

Very glad to join.

Best regards,
FT

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Old November 7th, 2015, 09:48 PM   #6286 (permalink)
Elite Member
san jose USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES TF GC
 
Posts: 20 since Nov 2015
Thanks: 21 given, 1 received

Intro

Hi Mike! I'm new to futures trading. A friend recommended me to your community to learn more. I love the materials you provide here and I hope to learn more.

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Old November 7th, 2015, 11:05 PM   #6287 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: think or swim, metatrader
Favorite Futures: US Treasuries, Currencies
 
Posts: 9 since Jan 2015
Thanks: 5 given, 2 received

Hello everyone

Hi,

I'm hoping this forum will serve as a valuable resource in my trading. I have some experience trading stocks and forex. I dabbled a little bit in options and I'm brand new to trading futures. I've joined this site quite a while ago but this is my first time posting.

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Old November 8th, 2015, 06:27 AM   #6288 (permalink)
Elite Member
Warsaw Poland
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Bund, Gilt, CL
 
Posts: 1 since Nov 2015
Thanks: 0 given, 0 received

Hi !,

I'm a beginner in futures trading. I try to look for valuable information that will make my journey through the world of trading "less bumpy" I read some threads on this forum and I see that I can find here a lot of interesting topics (some of them most certainly contain what I'm looking for). I am also interested in an elite section of this forum - I think there is a lot of useful tools, recordings and additional information. So I'm glad that I'm here.

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Old November 8th, 2015, 11:30 AM   #6289 (permalink)
Elite Member
Carmel, CA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: CL
 
Posts: 1 since Nov 2015
Thanks: 0 given, 1 received

Gald to be here

Futures trading is like a bad woman that you just cannot resist. I've blown up 3 accounts with off the shelf systems, expensive training and can't miss strategies. I keep telling myself to just walk away but I can't, I love the action of a successful trade.

I am fixed on learning how to trade, controlling my emotions and only taking what the market gives without forcing the action. We shall see where this goes. I am sure that I am in familiar company.

Salvo

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Old November 10th, 2015, 06:30 AM   #6290 (permalink)
Elite Member
The Hague, The Netherlands
 
Futures Experience: Beginner
Platform: IB TWS (and NinjaTrader)
Favorite Futures: Stocks/Indices
 
Posts: 21 since Jun 2015
Thanks: 46 given, 5 received


Hi, I'm Phil, actually became a member few months ago but didn't post an introduction yet.

Have learned a lot over the last months, but unfortunately also a lot of useless stuff. I've decided to move away from pointless indicators and to study order flow and supply and demand. Also became an elite member here, hoping that I have to wade through less noise posts and maybe help others as well.

I'm a programmer (CS) so maybe I'll come up with some useful code to share with you all later on. Have made a simple market statistics indicator with VWAP (w/ SDs), mode, mean, median etc. already, actually to test some ideas from the 'Market Statistics' thread series on TL (turns out that series is based on some false assumptions IMHO). But you already have VWAP indicators here, and it's not polished enough for general purpose use anyway.

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