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Introduce yourself here!

  #5401 (permalink)
CGuy
BrisbaneQueensland
 
Posts: 1 since Nov 2014
Thanks Given: 1
Thanks Received: 1

Five years ago I became interested in the share market, particularly options and purchased a course explaining various strategies involved. It was soon apparent that the examples were taken at a very steady and prolonged growth period based mainly on BHP. The returns were modest but it also required large amounts of capital or shares and involved writing options and selling them with protection in the form of bull spreads and bear spreads and strangles etc.
Other seminars I attended were along the same lines based on pure mathematical odds and nothing to do with where the market moves and all were fallible and complicated and often conducted in the US market. Others encouraged margin lending to leverage potential returns and of course losses. Naked trading contains risk that is restricted and reduced by the accuracy of your charts and never leaves you vulnerable to lose more than you invest.
After watching the option trading monitors each day it occurred to me that very few traders really knew where the market was going with both short and long options being popular on the same day and at the same time.
I needed to build a chart of a shares daily movement in time to take advantage of the change in option value. No financial commentators or analysts I followed even bothered trying to predict the market on a daily basis other than to indicate a higher or lower open or close based on futures or off shore markets. Buying and selling the same day eliminated exposure to offshore markets and announcements which adversely affected our market the following day.
The CBA chart is usually able to be used for the other three main banks especially ANZ which often duplicates CBA as does the all ords index handy for option CFD and short term futures trading

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  #5402 (permalink)
krystalcomber
Detroit MI USA
 
Posts: 1 since Sep 2014
Thanks Given: 0
Thanks Received: 0

Hi everyone! I look forward to finally making some posts, contributing, exchanging and learning more about trading online.

SlickTrade.net has been my mentor through this process and I am very glad to say that I have been in profit weekly and monthly using their free information, strategies, indicators and overall knowledge that their team gives. Pretty cool stuff

Recently got into Nadex.com and I am looking forward to joining the Binary Trade Group. I am already in profit on Nadex myself, but I would like to learn more...that's what it's all about!

Cheers to success everyone!

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  #5403 (permalink)
yamega
indonesia
 
Posts: 2 since Nov 2014
Thanks Given: 1
Thanks Received: 1


Hello Guys
i'm yamega. i'm from indonesia. i usually trade on AUD/USD. Using price behavior logic and watch the support resistance indicator to start the trade.
Here, i'll open my strategy soon. Just wait my "beauty" thread Dude..

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  #5404 (permalink)
sm2352
Kolkata+WB/India
 
Posts: 2 since Aug 2014
Thanks Given: 0
Thanks Received: 0

Dear Friends
I am Santanu MUkherjee form West Bengal India after completing my MBA in trading profession ..I love TA ..I am beginner in TA ..passionate to learn more .. Hope you people help me out to sharping out my skill .that's all about me .

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  #5405 (permalink)
irvino81
dade fl
 
Posts: 21 since Nov 2014
Thanks Given: 21
Thanks Received: 7

Hello to all members. I started with stocks and lost a small fortune, then graduated to futures and lost another small fortune. Finally I learned about options and managed to keep my the loses under control. If I were to summarized the journey I would say that learning how to lose money is the best way to make money.

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  #5406 (permalink)
BertV
New Haven, CT
 
Posts: 80 since Nov 2014
Thanks Given: 73
Thanks Received: 85

I'd like to share my journey. In 2005 I became interested in the stock market. I wanted to trade, and found Yahoo finance. I saw an article about a Canadian miner, opened an e-trade account with $2,000, and had it shut down the same week for not meeting day trading requirements! I had no idea. So, I started playing online poker instead.

A few years later, during the financial crisis, I knew enough about stocks to know it was time to start investing. I signed up for a newsletter and by 2010 I had had moderate success. I started trading options after reading about DITM call buying strategies. Initial success got me hooked, and of course I blew up, cause I had no discipline.

Fast forward to 2014, several accounts later, and I finally discovered what I wish I had known about in 2005: futures. I think I have found my home. I am glad I found futures.io (formerly BMT), too, and hope to learn more here.

Bert

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  #5407 (permalink)
 jastrade 
Alicante Spain
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES
Posts: 2 since Jul 2013
Thanks Given: 9
Thanks Received: 0

Good evening everyone,

My name is Jaime I´m from Spain, and I am decided to start simulating after having made different courses and trainnings locally in Spain, I hope I can be successful as many people here in this forum.

Thank you for shearing such an incredible amount of trading knowlegde. It´s amazing what collaborative forums can do.

Best regards, and see you on the road!!

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  #5408 (permalink)
alfawoong
singapore singapore
 
Posts: 1 since Oct 2014
Thanks Given: 0
Thanks Received: 0

Hello fellow members..

Good morning to all of you.. Hope that your trading is going smoothly and getting ready for a wonderful X'mas!!

As for me, I am a full time trader trading both futures and commodities.. Used to be purely order flow trading based on the DOM, but is in the midst of transiting to price action trading via charts..

Main reason for such a drastic move was due to the diminishing participation of retailers in my corresponding mkts. Nowadays, the bids/asks movements are harder to decipher leading to a lot of trading errors.. hence the need to adjust to the new environment.

Have a good day!! Cheers!!

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  #5409 (permalink)
pasky
jakarta,indonesia
 
Posts: 1 since Dec 2014
Thanks Given: 0
Thanks Received: 0

Am happy to be here and am new in trading.so please teach me well

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  #5410 (permalink)
wusman1972
warren, michigan
 
Posts: 2 since Nov 2014
Thanks Given: 0
Thanks Received: 0


I am an option trader and I was wondering if anyone has traded box spreads?.
Box= (k2-k1)/(1+r)^t confusion I am facing is what does t stands for?. can anyone please give detail explanation. thanks
usman

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