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Introduce yourself here!

  #1941 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


ron99 View Post
Hi Frank.

Is that Dublin, Ireland or Dublin, Ohio USA?

me assume frank says.... o-hi-o.... in his native language.... on his vita....

have loads of fun, frank. we are all behind you....

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  #1942 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


TimWato View Post
Hello Mike and all,
Am looking forward to participating in the future.
I am now learning ninja script as i think this is the
only way to take control of my own destiny.
I have discovered that being in a room that tells you when
to take trades is not the way to go and that i must do the
hard yards to read the price action. I am sure that indicators
and strategies with ninja can help me with scalp day trading.
The site and forum look great
Tim(timwato)

tim, that is an interesting idea, you know. trying to code ninja before you know what you want in your codes.... for it to function.... at which time, at what target and what frequency et al ....

well, just a thought.... coding is all greek to me.... lol

whatever you do.... have fun.... ok?

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  #1943 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011



ericbrown View Post
Hi everyone!

I've been looking for a forum like this for quite a while.

I've been trading for about a year now and have been semi-successful....meaning I haven't blown up my account (yet?)

I swing trade in my retirement accounts (401K, etc), trade options and stocks in my short term trading account and have recently been trading the ES contract. I'm a discretionary trader only.

I love trading and would love the opportunity to be good enough to do this full time - but I know I've got a long way to go to learn and experience success and failure before I'm a full-time trader.

I use ThinkorSwim currently for short-term trading and options and am will eventually migrate to Multicharts + IQfeed for charting and perhaps discretionary trading entry for futures and stocks when daytrading.

I'm looking forward to learning from everyone here.

for what it is worth, my friend. it is much better to be champion of one product or instrument.... than to be masters of many kinds of trading.... but champion of none....

succinctly, learn to do one thing well enough that no other can come close to beat you on whatever one product, one time frame that you will be a champion at.... is my one man opinion....

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  #1944 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


FinanceStudent View Post
Hi,

I am the beginner in learning to trade. Downloaded a lot of material but have not gone through any of them seriously.

I am interested in forex market and starting with some very basic material.

If anyone can suggest the learning path.

Thanks and regards.

but for what it is worth to you, forex is not a beginner's lover.

forex is a two timers, it will cheat on you, it will betray you, it will tease you, it will bait you....

and if you follow what many forex promoters trying to lure you to get in bed with forex....?

if you are lucky, forex will only chew you out.... but not chew you up and spit you out morning after.... LOL

PLS DO STAY AWAY FROM FOREX MARKET..... until you are some sort of a master of your own trading plan, trading statistics, trading strategy and your very own master of your own risk/reward management strategy.... OK? no, forex does not beat me up.... i only trade my own setups.... that is one way a trader can survive forex....

but then you are the master of your own ship.... sail wherever you like and enjoy whatever along the way.... but learning to trade profitably is an entirely different matter altogether. any successful traders will vouch for that toil and soil road to even meager success.... imho....

wishing you success and happy learning and trading, sim first, of course.

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  #1945 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364


nakachalet View Post
your vita said you are an advanced trader, are you or are you not an advanced trader, pls?

i am with kbit, that you ought to try out your trade management skills in sim first.... for however long or short.... , it will take....; for you to show consistent profitability....: before you ever dare to attempt live trade.... been there, done that with multiplicity of bumps and bruises many times....

If your taliking to me...yes I would call myself advanced, been trading full time for quite a while. I was only giving some advice/recommendations to what I understood to be a new guy.

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  #1946 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364


FinanceStudent View Post
Hi,

I am the beginner in learning to trade. Downloaded a lot of material but have not gone through any of them seriously.

I am interested in forex market and starting with some very basic material.

If anyone can suggest the learning path.

Thanks and regards.

I would recommend to you as I do everyone else that you learn price action first and foremost if you haven't already..that is breakout strategys, revesal bars/signals and all the rest of it. You should have a understanding of money management. Psychology plays a big role in this stuff and there is a whole forum on this subject...go through the threads.
I think you can trade forex or futures...If you only want to trade currencies and you are comfortable (and have enough money) trading $10-$12.50 a tick/pip you would be better trading currency futures on the CME, you don't have to deal with those horrible spreads. If you don't have a lot of money forex might be a better option because you can trade mini or micro lots. If you go the forex route choose a well known reputable broker ....
Stick with the major pairs with the most liquidity....eur/usd is the best...also usd/jpy, u/cad, ...stay away from the jpy crosses like the gbp/jpy or eur/jpy.....
Take your time and make sure that you can trade on paper/demo profitably before you put money on the line.
As a side note all I do is simple p/a suff and it works....Don't get wrapped up in fancy indicators and such.
There are threads here on price action but you can search elsewhere too if you need to...but LEARN IT.
Any trading you will do reqiures that you understand basic p/a (did I emphasise that enough).
One last note, go through as many threads and forums as you can...sometimes you learn stuff where you would not expect
Regards, Kbit

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  #1947 (permalink)
 Durzo 
Brisbane Australia
 
Experience: Intermediate
Platform: Tradestation, Multicharts
Trading: Futures
Posts: 1 since Aug 2011
Thanks Given: 0
Thanks Received: 0

I am a trader living in Australia. I trade a variety of mechanical systems on several index and currency futures. I have been trading actively for the past 3 years and studying for a few years before that. It took me a long time before I was confident enough in what I was doing to risk real cash. I'm currently working on day trading. In relation to day trading my main interest is in the Euro and the E-Mini.

Regards
Andrew

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  #1948 (permalink)
 Bruno 
San Diego
 
Experience: Beginner
Platform: Ninja Trader, Quote Tracker
Trading: FDAX, CL
Posts: 1 since Jan 2011
Thanks Given: 0
Thanks Received: 0

Hi all. I have to admit that I've been lurking for a long time, so this is my very first post since joining the forum, and I apologize for not introducing myself earlier.

My story...

Financially and material wise I do quite well. I own a condo in this beautiful city where the weather is always nice. I got it for a great deal too. I live with my girlfriend of ten years and have two wonderful dogs. I have a decent paying day job and have a budding online business on the side. My girlfriend is an instructor at San Diego State University.

So why do I want to get into day trading? Lots of reasons. The main reason, it is my personal opinion that in order for Average Joe to be financially secure these days, he has to have multiple streams of income, i.e. real estate, investments, businesses. Successful day trading would be one of those streams of income that I would like to pursue.

But a true understanding of how to trade eludes me. I have been reading through The Elusive Price Action thread, as well as some other threads whenever I have time, but I can't seem to put it all together. I think if I had a simple effective system it would help me a great deal. I understand that good psychology and good risk-reward management plays an important, if not the most important role. However, I believe a good system is also required. It's like having a good car engine - if you don't have a vehicle for the engine, you won't get anywhere.

Can anyone point me in the right direction? I plan to trade the 6B and am most interested in trading with trend.

Any help is appreciated.

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  #1949 (permalink)
smcullan
Sydney
 
Posts: 1 since Jul 2009
Thanks Given: 0
Thanks Received: 0

Hi all.

Im a trader from Sydney Australia.

I trade mainly futures on a swing basis using a system and indicators I have developed for ninjatrader.

Glad to be here. Thanks Mike.

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  #1950 (permalink)
 leon3456 
Palm Coast, FL
 
Experience: Intermediate
Platform: NinjaTrader,TradeStation
Trading: es,ym
Posts: 4 since Jul 2011
Thanks Given: 29
Thanks Received: 0


Hi all.

I am from Palm Coast,Florida. I trade mainly ES and YM. Been trading for a while; I am not loosing money anymore after loosing for some time; I am happy that I discover your Forum, where I can continue my education and with a time can help other members, hopefully soon.

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