Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I've traded Forex a few years ago, didn't lose my shirt, but wasn't very profitable either. I really didn't have much of a trading strategy back then, and risk management.... well... not so much. I dabbled in options on futures contracts. I remember taking a long call on Lean Hogs for the first couple of days my position was very profitable, my option was up $600. But, what I failed to grasp is knowing when to exit a trade is often more important than knowing when to get into a trade as a few days later I was down about $200. I remember calling my broker that day to ask how my position was doing. He was silent for quite a few seconds (which I knew wasn't a good sign) before informing me my position was down $300, or in other words my option was nearly worthless. $300 was a lot of money to lose for me, I freaked out and ended up closing my position. In truth I should've never taken that trade.
I've studied Floyd Upperman's IMPA trade strategies using the COT data. I did fine demo trading, but never opened a live trading account as I didn't have enough capital. I was pretty active on Floyd Upperman's forum back then. Shortly before I cancelled my subscription to Floyd Upperman's website, I remember a reply Floyd sent me on a post I made on his forum. While I don't remember verbatim what he said, he strongly encouraged me not to give up, and said that I had a deep passion and aptitude for trading.
With that in mind, I'm hoping Futures IO will re-kindle that passion for trading, and I hope I can learn to be a better trader from this site.
I am a member and want to learn and exchange information but I cant even figure out how to send a message on here. I am not stupid so if someone can help me I would appreciate it. This is very frustrating.
Firstly thanks to Mike for creating this forum. I am fairly new and still learning on how to be successful at this game.
I look forward to being part of the community which has a similar passion and goals to learn and share ideas.
I just registered and wanted to introduce myself. I have been trading for just over a year now. I like to trade CL and ES but I have taken trades on most of the high Volume products. My account has slowly been drifting south and I have been trying to find a way to change that.
I started out trading options on the ETF's in 2003 until I blew up. Tried again in 2008 and same thing. Then I went to the Online Trading Academy for a full course load. After having finished all my classes it feels like it was just an introduction. I have been trading with a plan but I'm still not creating much profit for myself so now I am SIM trading until I find a strategy that is good for me.
Hello everyone, I'm a new member who has 5+ years trading futures down at the CME/CBOT. Left my firm a little over a year ago and am looking to trade a bit from home. My experience is with the S+P, CL, NG, and a few others.
The fact this is my first post although I have been a member since 2010 and my name itself should tell you how bad my
beginning has been! I started with different approach two years ago.. focusing a lot on futures volume, studying, studying, losing, losing... breaking even, breaking even.. and here I am.
I left my job in UBS London 1 week ago to trade full time and I am now relocating with my wife to Barcelona.
I started with different approach two years ago.. focusing a lot on futures volume, studying, studying, losing, losing... breaking even, breaking even.. and here I am.