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Introduce yourself here!

  #6421 (permalink)
RnDI
Brisbane, QLD, Australia
 
Posts: 2 since Jan 2016
Thanks Given: 3
Thanks Received: 0

I read Mike's intro that said to write on this site (something I have never done before on any site) about your trading, so here it is worts and all.

I have been trading without much success for a while.

Been thinking about quitting trading.

Maybe it is my mind that I need to work on and not concentrate on the system!

I do like trading and the thought of trading as a lifestyle.

I sit here writing this while tears run down my face and maybe they are there as I do have a passion to do this.

Found this site by accident and like the friendly atmosphere.

I intend to start with the Psychology and Money Management part of this forum and work on my psychology.

Not looking for sympathy, only

Great trading to all,

Rob

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  #6422 (permalink)
 8thlegend 
Roanoke
 
Experience: Beginner
Platform: TOS
Broker: Think or Swim
Trading: ES, GC, QM, ZN
Posts: 2 since Jan 2016
Thanks Given: 0
Thanks Received: 1

Hi everyone,

Just trying to learn coding and trading all at the same time here. Got soooooo much information, so i am going to try my best to sort the info as intelligently as possible.

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  #6423 (permalink)
Omnitech
Brooklyn
 
Posts: 1 since Jan 2016
Thanks Given: 1
Thanks Received: 0


I should make it known right off the bat that I have never traded a future in my life. My only experience is with stocks and ETF's. Not only am I new to trading but I am new to forums as well. I've only briefly glossed over some of the posts in this forum but the similarities between the trading strategies of futures and stocks seem to be very comparable.

I was an avid gamer in my teenage/early-20s and I was in many clans that employed forums but my immersion never allowed me to familiarize myself with the nuances of the user-interface. Please forgive any newbie mistakes I may commit (such as the location of this introductory post). I.E., don't expect any fancy signatures anytime soon.

My studies in college focused primarily on Economics and Psychology, both of which I have found to be useful in my newly born trading career. I have not read many books for my field but the few I have delved into have been immensely helpful: Reminisces of a Stock Operator and Market Wizards, to name a few.

I was hired as a Prop trader in 2015 and I am currently studying to pass my licensing exams so I can continue to trade. Regulators have cracked down recently so it is crucial that I pass my exam and thus bask in the volatility our market is currently experiencing.

The analysis that we employ at our firm is purely technical. We are interested in volume and liquidity, tight spreads and we rely heavily on thick Level II's, Time & Sales, and obviously 1-5 minute candlestick charts. (A year ago if I were to read "tight spreads and thick level 2's", I would have had my mind in the gutter!)

I have been trading now for some months, which allows me to relate to the technical and psychological aspects of trading. I can attest that employing the same strategy throughout the trade (pre-entry and post-entry) has been my most difficult challenge and is the one I am most diligently working to develop as a trader. Too often I enter with a good setup, only to cover too quickly and not allow the trade to develop.

As far as my preferred stocks and ETF's to trade, I really enjoy momentum trading and SSR (restricted) stocks. Ideally, I would like to be able to trade 2-3 stocks at the same time. A perfect example that pertains to our current market is having an intra-day portfolio of the XLE ETF and also an additional two oil/energy stocks that are in play/have good setups (such as SUNE, SWN, ETE, KMI, WLL, WMB to name a few). The idea behind this strategy is to essentially have your finger on the pulse (XLE) and be able to see some micro-trends as they develop and factor that into a more general macro-strategy for the day depending on the relative strength of the stocks in that sector. I find it very useful to also have the SPDR S&P 500 ETF (SPY) on my screen to have a general sense of the market direction (this is common practice at our firm).

I was only briefly able to employ this strategy before I had my privileges revoked and I was forced to begin studying, but I am interested in journaling, sharing my experiences, as well as reading the journals of some other members in this forum so that we may all grow together.

I plan on starting my journal sometime in February and I look forward to sharing my setups and experiences with the lot of you.

P.S. Just a brief note on SSR, also known as the "alternative uptick rule". We can debate the merits of the 2010 SSR law that was enacted to prevent short selling on the bid, but (whether or not one has access to dark pool liquidity) there is significant opportunity to reap profits by simply playing the long "pops" of these stocks and taking advantage of everyone's covering and stop hitting. I'm relatively new, but I surmise one can make a living simply off "playing the pops" in SSR stocks, given one has the adequate connection to market data; i.e., can read quotes/prints on the L2/T&S and time their longs correctly.

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  #6424 (permalink)
commandotrader
Ahmedabad + Gujarat / India
 
Posts: 1 since Jun 2015
Thanks Given: 2
Thanks Received: 0

Hello admin & all traders,

Sorry for my late introduction.
I'm a trader based in India. I came across this Forum from one of your seminar video posted on Youtube.
My trading interests are Day trading Nifty Futures and swing trading in Indian stocks and US stocks, ETFs.
This Forum looks very interesting and I look forward to learn further from here.

Thanks

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  #6425 (permalink)
 tndlux 
Italy, Padova
 
Experience: None
Platform: Ninjateader
Trading: Forex
Posts: 12 since Jan 2016
Thanks Given: 4
Thanks Received: 4

Hi I'm Marco from Italy,
I've become interested in automated trading and I've been developing some algorithms to see what can be done, I found this site searching for info.
I'm a total noob regarding trading, but I'm willing to study!

Marco

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  #6426 (permalink)
 
jhspann's Avatar
 jhspann 
Danbury, CT
 
Experience: Beginner
Platform: Tradestation
Trading: Emini S&P
Posts: 5 since Dec 2015
Thanks Given: 17
Thanks Received: 0

Hello Mike... Thanks for the site. I like the positive atmosphere of this forum.

I have been trading futures since the spring of 2015. I had some great initial success but then some big losses. I have no illusions about "quitting my day job," but I hope to keep learning and refining my method to be able to produce a secondary income stream down the road.

Best,

John

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  #6427 (permalink)
nonsequitur
Los Angeles
 
Posts: 3 since Jan 2016
Thanks Given: 0
Thanks Received: 1

Hi.

New member.

Futures trader.

Like Oil and US Indexes.

California based.

Cheers!!!!

Nonsequitur

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  #6428 (permalink)
MaxMax
Spain-Espaņa
 
Posts: 1 since Jan 2016
Thanks Given: 0
Thanks Received: 0

Hello everyone and thanks for the welcome Mike.
I've been operating in fores market for five years and one year I'm learning to automate strategies ago. I use TradeStation.
I write from Spain and my English is not very good.
Thanks and talk

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  #6429 (permalink)
 
FlyingMonkey's Avatar
 FlyingMonkey 
Los Angeles CA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NT8 & TOS
Trading: Futures & Stocks
Posts: 654 since Jan 2016
Thanks Given: 2,970
Thanks Received: 2,289

Howdy folks,

Intraday futures trading part-time off and on about 5 years, usually early mornings Pacific time..

Been getting better at it, but it's been a lonely journey.

Making an effort here to break out of the shell and participate.

-FM

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  #6430 (permalink)
 PatZen 
Switzerland
 
Experience: Advanced
Platform: NinjaTrader Sierra Chart
Broker: CQG / Rithmic
Trading: CL
Posts: 1 since Jan 2015
Thanks Given: 2
Thanks Received: 0


Hi
Glad to join this new forum.

I'm not different to the thousand of members of this community and will try to share the good things and the pain full experiences of trading.

All the best to all of you and good trading
Pat

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