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Introduce yourself here!

  #7801 (permalink)
 Means 
New York City /USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: futures
Posts: 7 since Jul 2017
Thanks Given: 0
Thanks Received: 13

hi everyone
i am doing simulated trading around for 1 year. i have develop my own trading Edge and able to produce a lot of profit in simulated account. My personal advise to any new trader is to spend a lot of time analyzing historical charts. just pick any stock or any market and start analyzing daily chart then analyze 240m. 60, 30m, 15m, 5m, and finally 2 or 1 m charts. i personally suggest you to analyze "SPY" Chart or "ES" Chart. The purpose is to see where u find yourself comfortable predicting potential moves. Learn market profile or foot print chart and DON'T use any indicator because they dont help in your learning stage.

if you really want to use an indicator then here are some good ones.
VWAP, MACD, EMA

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  #7802 (permalink)
 
Wipeout's Avatar
 Wipeout 
Springfield, Missuouri
 
Experience: Intermediate
Platform: SC, NT8
Broker: NinjaTraderBrokerage
Trading: ES, NQ
Posts: 39 since Oct 2017
Thanks Given: 122
Thanks Received: 19

Hi Traders. I have never participated in anything like this forum before and it's going to take me a little time to get accustomed to the site. I look forward to meeting some new friends and getting some straight answers to my trading questions. My trading interest are learning auction theory, supply & demand, volume profiling, order flow and every type of trading technique I can. looking forward to the forum. Everyone Have A Great Life. Shawn.

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  #7803 (permalink)
 mstahn 
St. Paul, Minnesota/USA
 
Experience: Intermediate
Platform: IB
Trading: Emini ES
Posts: 1 since May 2016
Thanks Given: 4
Thanks Received: 1


I've been trading for a while, but not profitable. I'm going to try and learn as much as I can and turn it around. Thanks for the forum Mike!

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  #7804 (permalink)
bhushanv1
Delhi India
 
Posts: 2 since Oct 2017
Thanks Given: 1
Thanks Received: 1

Hi every body
I am a novice in this field and trying to learn.

Thanks Mike for making me a member of this forum

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  #7805 (permalink)
 Plouis 
Staten Island, New York
 
Experience: Intermediate
Platform: Tradestation
Trading: Es
Posts: 1 since Oct 2017
Thanks Given: 4
Thanks Received: 1

Hi All,

I have been trading fulltime for the past 2 years. I have not blown out an account nor am I yet trading at a profit.

Trying to determine if I can do this profitably year after year. Look forward to getting insights from this membership and sharing my own experiences with the group.

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  #7806 (permalink)
yograj
Tempa FL USA
 
Posts: 1 since Sep 2017
Thanks Given: 0
Thanks Received: 1

I am so happy to join the community. I am just starting and playing with stocks right now. So wanna grow as trader and diversify along the way as I become successful.


Thanks Mike for doing this.

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  #7807 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120


Jlug View Post
Hi all,
I have been taking investment positions for about 8 years and doing good. In 2016 I decided to leave an industry I did very well in starting a few companies and get trained properly in intraday trading.
Training was very good from a reputable firm not a get rich quick shop.
Didnt manage to stay on with that firm as the focus was not to create traders for the firm but more just provide good education.
My results were good in training on live and sim trading, so I decided to take 15k of my own and start out with CGQ Futures pro for charts and data and execution with RJ O'Brien as my brokers.
I was trained to read charts, do great technical analysis on the charts and with a heavy focus on fundamentals. So I would say I am 50/50 technicals fundamentals trader.
After about 3 months I had maintained a 1.7 sharpe ratio, 54% win rate and was taking in about 1k/1.5k a week.
Then it happened- the inevitable drawdown. I did something stupid and had an opinion on oil over an opec announcement to the 9 months cuts. I was on holidays at the time and decided to get out the laptop and trade the event. It was stupid on so many levels, but the main ones were that A: I was off my game been away, so in a different state of mind, not reading the news enough, not tuned in enough, and B: I took an opinion on the direction WTI would move on the back of certain announcements.
Anyways, the drawdown was 40% of my book.

So I brushed this off and when I got home from holidays I applied to 3 prop firms. I got an offer from 1 that wasnt great on splits and commitment and got an interview with the other. After 1 interview and 1 simple math, stats probability tet I got an offer from this very reputable prop firm. Definitely not a mill or arcade.

So now I am a trainee and loving it. However I am faced with learning to execute on the ladder and scalp. only use charts for reference. The emphasis is on scalping and not on positions.
I am not sure how to approach this change other than have an open mind and enjoy learning about scalping and ladders.
Is there anyone out there who had moved from position trader to ladders? That change of how to look at the market?
Thanks all.

That sound awesome that you found a shop you like.The ladder, in my experience, is used a confimational tool.Basically, the charts are looked at for levels,with confluence.When price enters this area, you look for the churn/absorption.Ive seen webinars in the past of scalping the ladder, and in my case it was just too much info(overload.)I would say go in with an open mind and try to learn as much as possible.If they can teach you to scalp consistently, IMO, that is a skill that can be used for order entry /execution.....meaning, getting into a trade that will typically atleast go your way for some ticks,giving you the choice to take profits, or hold a runner,etc.....good luck!
Bob

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  #7808 (permalink)
Eriz11
Madrid Spain
 
Posts: 5 since Oct 2017
Thanks Given: 2
Thanks Received: 3

Hi Futures.io community,

I'm Eriz, from the basque country in Spain.

I was some years looking for futures.io blog but never arranged to seriously take this approach of learning experience through this blog.

I have a scientific background in Pharmaceuticals but left that industry and experience three years ago.

Now, I'm fully motivated and focus in the building of my own trading start-up here, in my city. Our aim is to somehow put the algorithmic trading world nearer for the people.

As in this forum happens, there are actually a lot of people that have great ideas about investments and trading. We are in the era of "the genius don't necessarily wear graduation caps". In our project, we have the commitment to make Spanish people more aware about that they have to take the reins of their investment capital. Not necessarily putting 3 years of their work in knowing technicals or fundamentals, but putting effort on searching and wanting that their investment capital doesn't work more for the big firms than for them.

In the USA and other countries, this ideology is more adapted and known. In our case, we are vastly ignorant about these.

So, just to introduce myself a little bit better. I'm an expert in order flow readings and micro-structure. One of my colleague has expert knowledge about data mining and AI, but in the meteorological predictions ambit. I have traded manually the system that we want to automate and is pretty good, but very stressing and not so for trading multiple peoples accounts without machine help in every day basis. We lack the integration of both worlds. That's why I'm here; to learn about some of you that have great knowledge about algorithmic trading world and about going in deep insight of all the steps to success.

Looking forward to reaching you,

Eriz

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  #7809 (permalink)
jdibarrola
Mexico
 
Posts: 3 since Oct 2017
Thanks Given: 7
Thanks Received: 3

Hi,

My name is Diego, and I am from Mexico.

I have been tradiing in futures for almost a year, i almost blew uo my account but i decide to stop trading real money and return to simulation.


I am adjusting my strategy and I hope in January to return to trade live.

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  #7810 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,971 since Sep 2015
Thanks Given: 15,483
Thanks Received: 15,377



jdibarrola View Post
Hi,

My name is Diego, and I am from Mexico.

I have been tradiing in futures for almost a year, i almost blew uo my account but i decide to stop trading real money and return to simulation.


I am adjusting my strategy and I hope in January to return to trade live.

Hi Diego, welcome

We've all been there - take it easy and good luck!

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