NexusFi: Find Your Edge


Home Menu

 





Introduce yourself here!


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 147 posts (3,964 thanks)
    2. looks_two nakachalet with 57 posts (17 thanks)
    3. looks_3 xplorer with 45 posts (51 thanks)
    4. looks_4 mfbreakout with 35 posts (24 thanks)
      Best Posters
    1. looks_one roonius with 80 thanks per post
    2. looks_two wh with 56 thanks per post
    3. looks_3 George with 46.5 thanks per post
    4. looks_4 Big Mike with 27 thanks per post
    1. trending_up 14,208,748 views
    2. thumb_up 11,974 thanks given
    3. group 6,309 followers
    1. forum 10,635 posts
    2. attach_file 94 attachments




 
Search this Thread

Introduce yourself here!

  #1851 (permalink)
 Rick Reynolds 
New haven, Ct
 
Experience: Intermediate
Platform: TransAct Sierra charts
Trading: Futures
Posts: 5 since Jun 2011
Thanks Given: 10
Thanks Received: 2

Good morning everyone,
I was asked to leave a post introducing myself to the group. I am a husband and father of 3 kids out of college. My primary source of income is procurred from residential contracting. Roughly 10 years ago I picked up my first book from a gent named Wade Cook. THAT was the beginning of a long and painful journey. Painful in so many ways (emotionally and financially). I honestly believe I own one of the largest collections of books, dvd's and complete programs in the state of CT. Lets not forget all of the seminars I attended.
As I look back over the years I have to laugh realizing that I have come full circle, meaning that what I read in my earlier days on how to trade the K.I.S.S. method ment nothing to me. But today it is everything. The simpler I keep my charts the easier it is to focus on price action. Thank you Al Brooks and many others. I look forward to sharing in the future and thank you for welcoming me into your site.
Rick Reynolds

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Are there any eval firms that allow you to sink to your …
Traders Hideout
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 
  #1852 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

Welcome Rick!

Great to have you as part of the team! It certainly sounds like you are well-read. I have deep respect for someone who has taken the time and effort to educate themselves. Kudos to you.

I will enjoy reading your posts.


Rick Reynolds View Post
Good morning everyone,
I was asked to leave a post introducing myself to the group. I am a husband and father of 3 kids out of college. My primary source of income is procurred from residential contracting. Roughly 10 years ago I picked up my first book from a gent named Wade Cook. THAT was the beginning of a long and painful journey. Painful in so many ways (emotionally and financially). I honestly believe I own one of the largest collections of books, dvd's and complete programs in the state of CT. Lets not forget all of the seminars I attended.
As I look back over the years I have to laugh realizing that I have come full circle, meaning that what I read in my earlier days on how to trade the K.I.S.S. method ment nothing to me. But today it is everything. The simpler I keep my charts the easier it is to focus on price action. Thank you Al Brooks and many others. I look forward to sharing in the future and thank you for welcoming me into your site.
Rick Reynolds


..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #1853 (permalink)
 path 
Atlanta, GA US
 
Experience: Advanced
Platform: Ninja, Infinity AT
Trading: ES
Posts: 3 since Jul 2011
Thanks Given: 1
Thanks Received: 1


Hi Aquarian1,
Thank you for your response. Apparently, I cannot respond to your PM until I have 5 posts. Would love to talk to you via Skype if you have a chance. My Skype name is russell1321.

Thanks,
path

Reply With Quote
  #1854 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593


path View Post
Hi Aquarian1,
Thank you for your response. Apparently, I cannot respond to your PM until I have 5 posts. Would love to talk to you via Skype if you have a chance. My Skype name is russell1321.

Thanks,
path

Hi Path!

I've added you to the Skype address book and I'm online now
You can always email me with a good time for you to chat
or post a msg on my visitor page with a time
or post a msg in my journal -- now pretty much dormant.
or post five consecutive posts

....... You got the power. :-)

my skype and email on on my home page

However it says I'm offline - but I'm not (perhaps my older version of skype causes this? - who knows.)



Trade Happy!

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Reply With Quote
  #1855 (permalink)
jzezula
skokie , state IL, USA
 
Posts: 1 since Dec 2010
Thanks Given: 0
Thanks Received: 1

Hi Mike and everyone,

thanks Mike for this forum. You do a great job!
I was ask to introduce myself. I'm from Czech Republic and I currently live in Chicago.I work full time as a mason. I'm beginner in trading. I've been trading over 3 years but just simulation. I had tried couple live trades than I found out that I'm not ready yet,I was too emotional. So I'm back to simulation. I trade Woodies system, patterns (ZLR,FF,Famir), use Ninja Trader platform. My instruments are CL,6E, TF.
I have also read couple books to educated myself as Mark Douglas, Brett Steenbarger, Alexander Elder and more. Look forward to share more information with you.

Thank you.
Joe

Reply With Quote
Thanked by:
  #1856 (permalink)
moneymake
Taiwan
 
Posts: 1 since Jun 2011
Thanks Given: 0
Thanks Received: 0

Glad to join this fourm. I am looking forward to learning a lot..

Reply With Quote
  #1857 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593


jzezula View Post
Hi Mike and everyone,

thanks Mike for this forum. You do a great job!
I was ask to introduce myself. I'm from Czech Republic and I currently live in Chicago.I work full time as a mason. I'm beginner in trading. I've been trading over 3 years but just simulation. I had tried couple live trades than I found out that I'm not ready yet,I was too emotional. So I'm back to simulation. I trade Woodies system, patterns (ZLR,FF,Famir), use Ninja Trader platform. My instruments are CL,6E, TF.
I have also read couple books to educated myself as Mark Douglas, Brett Steenbarger, Alexander Elder and more. Look forward to share more information with you.

Thank you.
Joe

Welcome Joe!

I've always thought being a mason would be an interesting career. No doubt you've joined the masonic lodge!! LOL
I look forward to reading your posts!

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Reply With Quote
  #1858 (permalink)
Zdub314
Los Angeles, United States
 
Posts: 1 since Jul 2011
Thanks Given: 0
Thanks Received: 0

Hi Mike,

Thank you for starting and managing what looks like a great community for traders.

I have been trading for a couple of years now,...still climbing the mountain, trudging through the clouds of data, competing techniques, trading methods, indicators, etc... searching for a consistently profitable approach that's right for me.

Most recently, I've been focusing on Market Profile. Auction market principles make sense to me. Application seems to be where the rubber meets the road. I've read Mind Over Markets, taken Tom Alexander's intro webinar, and am currently reading his book, which purports to have more trading set-ups than MOM. I'm also looking into a 1 week trial of Reza's ProfileTraders trading room.

In any case, thanks again for hosting a great trading forum.

Best,

Zdub314

Reply With Quote
  #1859 (permalink)
 Jim G 
Atlanta, Georgia
 
Experience: Intermediate
Platform: Ninja, Sierra Charts
Broker: Trade Station
Trading: YM. ES
Posts: 10 since May 2011
Thanks Given: 165
Thanks Received: 6


George View Post
Hello guys,


Here's my story.
I was introduced to trading by an old friend of mine back in 1999. It was during my university studies. And I was doing some business with small stuff. Mostly selling and buying things. I had saved some money, and the studies started to take a whole deal of energy and time, so I decided to stop with my business in order to concentrate on my studies more.

That's when this friend of mine came in the picture. He suggested that I would "invest" my money in stocks. I went like, what are those?
I didn't knew anything at all about the markets and how things worked. Anyway, he told me to read one of those daily financial newspaper and come back to him a week later. And so I did.

Now you see this dude, had a huge ego, and when I asked him to explain how things were working he just said that he will tell me one day. But for now, he instructed me on how to open an account and later ask him for some tip.

I opened an account and started to "hang on his door" in order to get my tip. On the first tip he gave me, I doubled (I was trading warrants) my money! Man, I thought I had found true alchemy. Remember guys this was back in 1999. I don't know if you guys were in this business back then but we had the IT bubble back then. It was crazy. There were stocks that were introduced in the markets today and one week later they increased their value with 700% or more.

So I started to make big money. In the mean time, I was starting to wonder how this guy was doing all this. So I asked him. But because of his big ego, he refused to tell me. I guess he liked that I was depending on him, it helped his ego to feel valuable.

Anyway, time went by, I started to throw myself into the markets and do money on my own. It was crazy. It took me about six month to four double my portfolio, and about four month to loose it all.

It took me about one year to understand that I had made money without having the slightest idea of what I was doing. I managed to blow up one more account shortly after.

But you see, something in me didn't just let me give up. It's been said that out of hundred people, about 75% surrenders after the first hindrance. After the second one there are only left about 10%, eventually you have about 1-5% that refuses to let go. Call it, stupidity, stubbornness, obsession, goal orientation. I believe it's a mixture all of these crazy factors.

And that's where I was, amoung those 1-5% that refused to give up.
You see trading is such a wonderful thing, because it gives you freedom and independence. At least that's what all people believe that doesn't know anything about real trading. It's the worlds freaking hardest job. But yes, we have to recognize that, it really rewards you with all that, when you've done it all the way.

So, back to my story. I managed to blow up one more account again. And that's when I got tired. Tired of loosing money. Unfortunately that's not gone hold you back from loosing them . But it's a big step , in the right direction.

By that time, I had managed to learn about technical analysis, and about indicators.

It's been said, that a trader goes through four phases.

1. Being unconsciously incompetent. That's when you don't know anything about the markets. Unfortunately most people get in the markets, on the last wave of a bull market. Like me, that's why I was able to four double my account, and that's why that old friend of mine, nailed almost every tip he gave me. The only thing required is to be in the markets. Everything is going up.

2.Consciously incompetent. That's when you've realised that making money in the markets has nothing to do with buying low and sell it higher. So you start learning technical analysis. But you still loose money.

3. Consciously competent. If you haven't given up by now. You have started to gain experience. You can read the markets and feel the pulse. You're discovering that there are more advanced things that you can use;Indicators. But unfortunately you still lose money.

4. Unconsciously competent. That's the zone guys. That's where you've managed to put all the pieces together. You've been through it all. You've learned to master yourself, and you've done such a great job, that you're trading without forcing yourself to do it. You're relaxed, and all the pieces, are there. Think of the way you guys drive your cars. You don't think of it, you just do it, and it turns out perfect.

Today I'm flirting with number 4, and my goal is to make it fully and to remain there.

I went here, because I finally understood that trading had to do everything with me. So after blowing up those accounts, and because of my stubbornness, I started to understand that the answers are not in those other parts. I started to study the brain, and how it functions.
This is odd, in a way. We all have one, and it's our controll panel, but we're not spending much time at all learning how it works. We cary it around above our shoulders, and that's it.
After studying the brain, and a lot of psychology, trading psychology, clinical psychology, you name it. The answers were still not there. And where the answers stops and you can't go further, you have to pass over to the spiritual realm.

That's when I finally started to get the answers. Please, understand me right. My approach has absolutely nothing to do with religion, faith or something in that direction. But simply with the mind, and it's implementation particularly in life. Unfortunately the mind is not standing on it's own scientific column yet. But it is there, it is there in your own life, and especially in trading, in the markets. Have you ever thought about it?
Have you ever thought that the markets are moved by a collective mind. And when you feel the pulse of the markets, you're doing that because you tap into that collective mind?

So that's my story more or less, I believe that, the most important approach to trading is mental. And it has everything to do with your mind, and what lies in there.

Trade well, and may the Trend Gods be with you all!
/George

Whoa, George. This is an incredible piece. I liked the way you wrote it and shared what you went through. It sounds a lot like my story with different details. I'm at the end of level #3. I would hope to be flirting with #4, and some days I think I'm there and then, I say NOT! I'm on a 10,000 self directed program and I'm at 8,700 hours. I'm now working on learning Market Profile. I just looked at the Ninja ladder video on Big Mike's. But, at this stage, I'm still sim trading because I haven't found my way. I have faith that I am getting there, slow as it may seem to me. But, I'm persistent and I'll keep on keeping on until I find the confidence of having arrived at my own workable system.

Thanks for sharing your story.
Jim G

Reply With Quote
Thanked by:
  #1860 (permalink)
pipmeister
Frankfurt, Germany
 
Posts: 3 since Jul 2011
Thanks Given: 1
Thanks Received: 1


hello,

pipmeister here too
am in my third trading year and my search for better volume data brought me to ninjatrader and the search for better ninjatrader indicators brought me here

happy trading

Reply With Quote




Last Updated on March 17, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts