Wow , very nice forum. I just discovered it and I must admit I like it a lot already.
Anyways, I am trading for 6 years mostly options (for swing trades) but I do also trade futures actively by day-trading them using some of my setups. I might swing-trade as well futures but that is kinda rarer. If i like to hold a position for longer-time frames I will probably use options.
But anyways I will start reading some of the amazing articles I encountered already and wait to learn a lot of stuff here.
This is my first post, I'm looking on resources and training to learn volune spread analysis, besides the master the markets book, that I'm currently reading. Also I'm interested in footprint charts order flow.
I'm an almost 26 year old dude who recently got into futures after attempting to trade forex successfully for about 6 years and a bit. Why the change?
Well let's just say I borrowed money and blew half of it in the forex market (long story short, I got cocky about reading price action and 'traded from the gut' without any formal rules/guidelines or risk reward systems in place).
Good thing I still have a full time job, but I stopped there and took a step back, happened to come across the guys at OpenTrader and now I'm learning to trade the ES using volume profiles.
I did get funded as a prop forex trader after going through their sim levels once upon a time, but I wouldn't recommend them...they're sketch. Safe to say I did follow rules and money management back then.
Anyway, I keep a trading journal on a wordpress site anonymously. Maybe I'll consider moving it here (but it's so much more easier loading images to wordpress posts!). It's been about 2 weeks, but with the journal, and trading with rules again, I am seeing consistency in my account for once after a long time.
I am an ex South African. Moved to the states back in 94. Have traded the ES for some time. Started years ago with options and switch to futures about six years ago. Also looking at the 5-10 and 30 yr. I marvel at the wise and wisdom here. There is a lyric in a song that says "The more I see the less I know" I am happy to be here and glean and hopefully share.
I am all new in trading. All I used to do was to indicate to my banker buy this or that. With some training in statistics i grasp what is going on but the problem is the timings... i have opened an acct at Interactive Brokers and hope to manage my account decently... have to learn a lot but I am open to it... regards to all
Greetings from the beautiful state of Colorado in the USA!
My longtime quest to become a trader has recently led me to this amazing website. I have dreamed of trading the markets ever since I was in high school. My vision was mostly on the back burner until I bought a mentoring course and started dabbling in options in 2007. After making just about every trading mistake in the book, I quit out of fear but managed to keep my account mostly intact. I was fortunate in that I had enough foresight to keep a journal of all my trades. My journals weren't the greatest and at the time I didn't fully appreciate their value until much later. The biggest lesson I learned (among many) was that I had grossly underestimated what it takes to become a successful trader. I'm finding this experience to be common among traders and it's comforting to know I'm not alone.
I took a long hiatus from trading but the lure of the markets recently called me back. I messed with Forex a bit but ultimately discovered futures are where it's at for me. I was turned off by the noise, big spreads and lack of a centralized market in Forex and I couldn't handle the longer term market exposure required to trade options spreads. I'm still with the mentoring program I started with initially but I've recently come to realize that strategy and mentorship are only the beginning. The secrets to true trading mastery lay within the mind and long term success can only be attained though hard smart work by the individual.
I now approach trading as an art, craft and skill to master just like any musical instrument, sport, martial art or discipline of study in school. I believe the resources on futures.io are what I need to propel me to the next levels and beyond. I also believe the opportunity provided by Topstep trader is exactly what I've been seeking. After much research, reading and watching videos I've come to realize that if I can't pass a combine, I have absolutely no business trading my own capital.
My primary goals of trading are freedom and an improved life for me and my family. I ultimately hope become a better person and eventually pass my knowledge on to my children. And with a baby on the way I'm more motivated then ever before. I relish in tedious hard work and endless preparation and I can't wait to see where this trading journey leads me.