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Joined up about a week or so ago, but then we lost power for 4 days due to the hurricane. Now, I'm finally back online.
I'm in my early 50s. I was in high school when the first articles on fractals and chaos theory came out in Scientific American, and the idea of applying the concepts to the stock market took hold there. I did some work developing signal based and FFT based models right out of college. Made a bunch of money, lost even more, and then I put it to the side as I got married and had kids.
I've done some pattern trading over the past few years, basically using it to time moving our retirement accounts in and out of the market. I left the company I was with a little while ago and got a pretty good severance package, so it has given me the opportunity to look at trading again.
I got NT and have been doing some sim trading, refining some polynomial regression models I've been working with. Getting ready to do some live trading. I look forward to learning a lot here, and adding my two-cents as well.
Can you help answer these questions from other members on NexusFi?
Like Big Mike I have traded in all kinds of markets and initially lost money. Years later I am a futures trader and develop futures trading systems. I still have a day job as I am not quite ready to become a trader full time, but that goal is not far off. My day job is as a Computer Engineer. I have a BSEE and work on government classified programs.
My favorite platform is NinjaTrader where I can code in a real language, as opposed to TradeStation and others. Of course I have coded for these other platforms as well, it is just not worth my time anymore.
As for my approach to trading, I am analytic and base decisions on statistics and probabilities. Even within my disciplined approach I bring a creative bent to what I do and never rely exclusively on traditional indicators. Like many people here I have read all the gurus and taken part in hundreds of "webinars." At this point I think I have been exposed to almost every approach out there!
I also have been in multiple hedge funds and worked with futures brokers. They all lost my money! That is when I started to develop my own systems and I discovered several important things. First, I had to understand all characteristics of the system. Second, I needed to not have a pushy sales person telling me what to do. Third, preservation of capital is easy to say, but hard to achieve. I now work to achieve all these things with my own systems.
I am only aware of Mark Fisher ACD system. ACD system is the base and then on top of it are refinements as proposed by MF in his book and some of my own.
Platform: Ninjatrader, Motivewave, tradestation and metatrader
Trading: eur/usd, Oil, ES
Posts: 16 since Sep 2011
Thanks Given: 3
Thanks Received: 12
Hi guys,
I am a new member here. I have been using trading forums here and there but this one is my favourite. gald to be here and hope i can give something back to the community as well.
I've started trading central European stock markets in mid 2007 (great timing ). Currently I'm learning more about futures, and I've found this site to be of great help so far... I hope I will be able to contribute as well
I must admit when I found out that I could read a chart better than my broker it set off a lot of bells and whistles. Being a Building Inspector, I have to be able to communicate on many different levels in order to get my information across. I often see a lot of information out there but I become very cautious at absorbing a rainbow of approaches. I would want to be able to do a few strategies very well than several just ok. I think this is part of the education you get in life and in trading. Working full time, swing trading seems to bring the most comfort. Separating the the good , the bad, & the ugly information out there is a full time job.
My story is nothing unique, fell in love with trading over ten years ago, and off and on blew up multiple accounts not realizing what was required for success in the market environment. I've been working full time for the last two years and just now seeing the light at the end of the tunnel. i guess what has seperarted me from the pack is that I made a decision to never give up the dream of successful trading, its the life and lifestyle I want. My markets in order of preference are: stock index futures, forex futures, commodities, options, and equities.
). Currently I'm learning more about futures, and I've found this site to be of great help so far... I hope I will be able to contribute as well
I must admit when I found out that I could read a chart better than my broker it set off a lot of bells and whistles. Being a Building Inspector, I have to be able to communicate on many different levels in order to get my information across. I often see a lot of information out there but I become very cautious at absorbing a rainbow of approaches. I would want to be able to do a few strategies very well than several just ok. I think this is part of the education you get in life and in trading. Working full time, swing trading seems to bring the most comfort. Separating the the good , the bad, & the ugly information out there is a full time job.