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I am not trading either and I highly recommend that people do not trade until they absolutely know without a shadow of a doubt that they are ready. then just put a toe into the water.
Can you help answer these questions from other members on NexusFi?
Hi, new to futures trading. have traded US stocks long and short (trend/swing) & some options (covered calls) for past 10 years as an extension to 15 years of buy and hope. also some forex management because I work overseas from my native Australia. Currently between jobs (the commodities rout is deep!) so am looking for ways to get better returns on my savings while I wait it out.
looking forward to learning more. reading investopedia, (love that site) & starting with eminis.
Hello Futures.io 'fam'!
I am happy to be joining the 'fam'. My story is probably similar to a lot of yours (which is why I use a different name on this site to maintain some degree of privacy). Here is a list that I'm sure will resonate with most of you:
+ I'm an entrepreneur at heart
+ Love science and math - degree in engineering
+ Have grown totally frustrated with Corporate America
+ I want to use my life and skills to make a difference
+ But to do that I still need to pay a mortgage, eat, etc.......
+ So I'm looking to make my living as a DayTrader
+ For obvious reasons this is a scary endeavor so I can really appreciate (and need) a family of like-minded souls
+ I have also tried this a couple times in the past and have blown up a couple of accounts (let's just say more than 2)
+ But like a moth drawn to the flame - my deep need for independence keeps bringing me back
+ But I also have to admit there is something in my nature that loves the 'science' part of DayTrading - the mental stimulation and challenge. As well as the deeply entrepreneurial aspect.
+ So here I am again. I have run across Futures.io in the past and I think even joined but I can't find the previous UID
+ Like most of you, I tend to research things very thoroughly and I share your passion for 'getting to the bottom' of things
+ One of the things that I see as I look around this time - is that the trading technology has really advanced (but so has the dangers with algos, HFT's etc.)
I'm looking forward to being a good 'kid brother'.
Wish me well as I do for you.
Best,
Ankhtep
Hi, Mike: I am in and out of trading for some time. Still hanging there. Just subscribed, and will try to learn and contribute to this group. Hope activities in this group will sharpen my edge and others as well. Thanks again. Dutabao1
I've been tinkering with FX trading (particularly SpreadBetting here in UK) for a few years and have always believed I can make money .. except I do not have the discipline yet to trade discretionary (learnt the hard way).
I was just about to give up on it all when I came across NinjaTrader (and Mirror Trader on FXCM). I have some scripting experience and NinjaTraders strategies and back-testing has re-ignited my interest and belief that maybe there's a living to be had here. Researching NinjaTrader led me to this site and I'm happy to contribute what little I know and to pay for Elite membership to learn from others.
I'm really excited to have found a forum that welcomes in newcomers. Let me give you a bit of background about myself.
I'm a young married man who has been living hand to mouth for too long. I've never really tried to do anything that I would consider a get rich quick scheme and I know.this isn't one of those either.
Day trading seems to offer a level of financial freedom whilst doing something you love (albeit if you put in the hard work) but besides the financial allure something about trading just drives me crazy in a good way of course. Seeing videos of people live trading win or lose really makes me want to start trading as soon as possible.
Of course I know nothing about the stock market and that's why I was drawn to check out day trading academy and actually have a call with them scheduled in about two hours. I have no problem paying to learn but up to 3K I want to be damn sure about it.
What say you guys? Is there a more effective way to learn that will teach you to read the market and not rely on indicators and software as DTA claim?
Hi, I am from India. I trade in Nifty Futures using EMA cross over, Stochastics and MACD. This ha sgiven me verygood results. I came across this site while searching for article on Supertrend which I believe is a nice indicators. Hoping to contribute whatever my knoweldge with this forum.
