NexusFi: Find Your Edge


Home Menu

 





Introduce yourself here!


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 147 posts (3,964 thanks)
    2. looks_two nakachalet with 57 posts (17 thanks)
    3. looks_3 xplorer with 45 posts (51 thanks)
    4. looks_4 mfbreakout with 35 posts (24 thanks)
      Best Posters
    1. looks_one roonius with 80 thanks per post
    2. looks_two wh with 56 thanks per post
    3. looks_3 George with 46.5 thanks per post
    4. looks_4 Big Mike with 27 thanks per post
    1. trending_up 14,208,716 views
    2. thumb_up 11,974 thanks given
    3. group 6,309 followers
    1. forum 10,635 posts
    2. attach_file 94 attachments




 
Search this Thread

Introduce yourself here!

  #6831 (permalink)
serug
Saint Charles, MO
 
Posts: 1 since Aug 2016
Thanks Given: 5
Thanks Received: 0

Hi I'm a new member and have started trading futures this year. I started out with sim to help get comfortable and originally had more negative days than positive yet that's started to change with focus and a better understanding of technical analysis.

I'm looking forward to learning more with this forum and offer what insight I can to others.

Thanks
Serug

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
Better Renko Gaps
The Elite Circle
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
60 thanks
Funded Trader platforms
43 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #6832 (permalink)
 DRock306 
Saskatchewan
 
Experience: Beginner
Platform: Ninjatrader
Broker: TST / Rithmic
Trading: CL
Posts: 959 since Apr 2014
Thanks Given: 2,629
Thanks Received: 1,710


ralphd View Post
Hi- I've been a trader my entire career,starting in college where I took my student loan money and blew up. After that experience, I started to read about technical analysis and started to trade based on classic chart patterns, which worked for awhile. Again, I borrowed $5000 from a bank , opened a margin account , in 3 months, the account was worth $120,000.
I was 23 and so proud of myself that I bought a brand new BMW(1976), took a vacation to Acapulco , and yes I inhaled!
In Mexico while I was living la dolce vita, I had a long copper position on , on the basis of a major strike by the copper producers that would decrease the supply. Well, you guessed it, there was a strike, except the 2 major copper producers, Kennecott and Phelps Dodge settled and copper was limit down for 3 days! Not only was I wipe out I went into a $20,000 deficit . I was a broker for Bache at the time and that was a Nono , I was almost thrown out of the business, but I settled and agreed to pay the money back plus 12% interest and I did, it took me 4 years but I paid everything back, par plus accrued. After that I did a lot of sole searching and there were no mentors back then, so I had to figure it out for myself and I wouldn't have wanted to do it any other way. I tell people I'm autodidactic , self taught, the school of hard knocks, and I'm still learning. I then (1978) , couldn't take losing money every year , so I read a book called " Beat The Market", by Ed Thorp. That book turned me from a losing trader to a trader that was making 20-25%, returns consistently . I was managing $12mm dollars at my peak in 1985, I was living in New Haven,Ct. then, and no I didn't go to Yale. I always wanted to be a Wall Street trader, so I parlayed my little business into a career on Wall St at what is now one of the top hedge funds in the world(AUM $25bil),. When I joined in March 1986 we had $200mm and making money and then the crash in 87 came and we made 6% for the year and investors redeemed and our AUM went to $80mm , when I joined I was a Sr.conv arb trader, then migrated to distressed debt/ bankrupt investing ( which I loved), then to the number 2 person running trading,research an portfolio managers. When I left in April 1999, we were managing $2bill. So here I am , 62 trading my own money and excited to be an elite member of this elite group. I hope you enjoyed my little story, I left out the good stuff, like the ferraris, well just one,and the plane, well truth be told I gave a bridge loan to the owner of the plane, he was a real estate developer, collateralized by the plane and the property. I sold plane and property because I'm a trader .
I'm honored to be a part of this elite group and look forward to chatting with you all, enjoy.- RD

Interesting story

Sent from my SGH-I337M using Tapatalk

Thank you to everyone who helped me in my journal contest it all ment alot.
Visit my NexusFi Trade Journal Reply With Quote
  #6833 (permalink)
 DRock306 
Saskatchewan
 
Experience: Beginner
Platform: Ninjatrader
Broker: TST / Rithmic
Trading: CL
Posts: 959 since Apr 2014
Thanks Given: 2,629
Thanks Received: 1,710



ralphd View Post
I don't know if this is the right forum, but I signed up for the elite membership and contributed the $100. When I signed in it didn't recognize me as an Elite Member, what do I need to do on my end? Thanks Ralphd

@Big Mike ?

Sent from my SGH-I337M using Tapatalk

Thank you to everyone who helped me in my journal contest it all ment alot.
Visit my NexusFi Trade Journal Reply With Quote
  #6834 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,541


ralphd View Post
I don't know if this is the right forum, but I signed up for the elite membership and contributed the $100. When I signed in it didn't recognize me as an Elite Member, what do I need to do on my end? Thanks Ralphd

Forward me your PayPal receipt by email to mike /at/ futures.io

Sent from my phone

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #6835 (permalink)
jhdewan
Los Angeles, CA, USA
 
Posts: 2 since Jul 2016
Thanks Given: 4
Thanks Received: 0

Hi Mike,

I've been a struggling trader as long as I remember. I started day trading stocks in 1995 with a very limited knowledge of the market at that time. Then I took a long break from trading. Since last year I started looking into emini futures market after a good friend of mine introduced me and in a way encouraged me to learn futures market. Since then my struggle renewed and continues.

Anyway, I'm glad I bumped into this forum. I want to learn and determined to be a successful day trader. So I'm looking forward to making friends here from whom I'll learn and be a good contributor.

Thanks.
Joe

Reply With Quote
  #6836 (permalink)
Supertouch
Houston Texas
 
Posts: 1 since Aug 2016
Thanks Given: 1
Thanks Received: 0

I sold my soul in Mississippi for a surefire indicator.

Reply With Quote
  #6837 (permalink)
fractalsonfire
Perth, Western Australia
 
Posts: 1 since Jan 2015
Thanks Given: 0
Thanks Received: 0

Hey all,

I've been lurking on this sub for a while but i finally decided to start posting since i tend to visit a bit more frequently.

Currently looking at ES/CL (mainly CL), generally scalping.

Kinda shitty yet never going to blow up kind of trader. More likely to lose to a thousand cuts.

Reply With Quote
  #6838 (permalink)
 devtycoon 
Denver, CO
 
Experience: None
Platform: none
Trading: SPY 0DTE
Posts: 18 since Aug 2016
Thanks Given: 9
Thanks Received: 16

Hi everyone, I'm looking into day trading as a side project till I find a new job. I look foreward to collaborating with you folks. If you have any questions on petroleum engineering I may be able to assist with that too.

Also, I am trying to see if anyone has had experience working with prop firms.

-Dev

Reply With Quote
  #6839 (permalink)
 
rocksolid68's Avatar
 rocksolid68 
Duluth MN
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker: AMP
Trading: ES
Posts: 1,027 since Jan 2015
Thanks Given: 1,419
Thanks Received: 2,676

Welcome Dev!

You will find a wealth of information on this forum. No shortcuts and no magic indicators. Hard work and screen time will get you to where you are going.

Reply With Quote
  #6840 (permalink)
 devtycoon 
Denver, CO
 
Experience: None
Platform: none
Trading: SPY 0DTE
Posts: 18 since Aug 2016
Thanks Given: 9
Thanks Received: 16



rocksolid68 View Post
Welcome Dev!

You will find a wealth of information on this forum. No shortcuts and no magic indicators. Hard work and screen time will get you to where you are going.

Thanks, I look foreward to checking it out. Can you chime in on the premium membership, how it has improved your experience for example. Thanks!

Reply With Quote




Last Updated on March 17, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts