Auckland forex trader wanting to learn futures? - Beginners and Introductions | futures io social day trading
futures io futures trading


Auckland forex trader wanting to learn futures?
Updated: Views / Replies:1,405 / 9
Created: by gooney Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Auckland forex trader wanting to learn futures?

  #1 (permalink)
Trading Apprentice
Auckland, New Zealand
 
Futures Experience: Intermediate
Platform: cTrader, MT4
Favorite Futures: ES, futures, oil, gold & forex
 
Posts: 3 since Oct 2013
Thanks: 0 given, 1 received

Auckland forex trader wanting to learn futures?

Just dropping in to say howzit from Auckland,New Zealand! I have been trading the currency markets for over a year now(part time). The biggest issue for me is trying to find a reputable broker. Not a easy task! I am very interested to learn to scalp the markets as I enjoy the thrill and fear factor involved with short term trading(Yes, i'm well aware it's very risky) I usually stick to the 4 hour and daily charts and I mostly look at price action and support and resistance lines for trades..

If anyone is keen to share scalping trading ideas and broker recommendations...please do.

I am also looking at learning to trade the futures markets because from what I hear it's more regulated than the forex market and there are no bucket shops like you get in the forex world!

Could someone please tell me where i can learn to trade the emini S&P 500 market? What threads on futures.io (formerly BMT) will be helpful and are forex(scalping) strategies transferable to the futures market?

Keep well and thank you.

Reply With Quote
The following user says Thank You to gooney for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Beginner
Platform: TWS
Broker/Data: IB
Favorite Futures: Stocks
 
TorontoTrader's Avatar
 
Posts: 41 since Oct 2013
Thanks: 63 given, 6 received


I am a newbie too....If trying to get my head around the trading. I have started going through the books and read the post on this forum. I am watching some videos from OTA.

While reading the posts, I have got the idea that Forex trading is the best for beginners? is that true?

What is the reason you are moving from Forex to other instruments.

A disussion with help me in understanding these issues.

Thanks

Reply With Quote
 
  #4 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,336 since Dec 2012
Thanks: 11,276 given, 7,090 received


TorontoTrader View Post
While reading the posts, I have got the idea that Forex trading is the best for beginners? is that true?

Widely believed simply because it's possible to get far more leverage in forex, but that actually just makes it more dangerous unless you get your money management sorted out pronto. I would suggest using sim or the micro M6E type contracts to get a feel if you go the forex route.

Travel Well
Reply With Quote
 
  #5 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Beginner
Platform: TWS
Broker/Data: IB
Favorite Futures: Stocks
 
TorontoTrader's Avatar
 
Posts: 41 since Oct 2013
Thanks: 63 given, 6 received

What if I don't rely on leverage....is Forex still good to start with? How to figure this out? Very confused.

Reply With Quote
 
  #6 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,217 received


TorontoTrader View Post
What if I don't rely on leverage....is Forex still good to start with? How to figure this out? Very confused.

Go to webinars section, watch webinar "where to start as a trader"

Sent from my LG Optimus G Pro

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #7 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Beginner
Platform: TWS
Broker/Data: IB
Favorite Futures: Stocks
 
TorontoTrader's Avatar
 
Posts: 41 since Oct 2013
Thanks: 63 given, 6 received

Mike...Thanks for the reply. I am going to listen that webinar. I checked the webinar sections and there are tons of trainings. Is there a thread which shows in what sequence a beginner listens to those video trainings?

Reply With Quote
 
  #8 (permalink)
Trading Apprentice
Auckland, Neuseeland
 
Futures Experience: Master
Platform: Halifax Online
Favorite Futures: Futures, Options, Forex, stocks
 
Posts: 5 since Nov 2013
Thanks: 0 given, 0 received


gooney View Post
Just dropping in to say howzit from Auckland,New Zealand! I have been trading the currency markets for over a year now(part time). The biggest issue for me is trying to find a reputable broker. Not a easy task! I am very interested to learn to scalp the markets as I enjoy the thrill and fear factor involved with short term trading(Yes, i'm well aware it's very risky) I usually stick to the 4 hour and daily charts and I mostly look at price action and support and resistance lines for trades..

If anyone is keen to share scalping trading ideas and broker recommendations...please do.

I am also looking at learning to trade the futures markets because from what I hear it's more regulated than the forex market and there are no bucket shops like you get in the forex world!

Could someone please tell me where i can learn to trade the emini S&P 500 market? What threads on futures.io (formerly BMT) will be helpful and are forex(scalping) strategies transferable to the futures market?

Keep well and thank you.


Hi,

I have been trading Futures, Options as well as Forex for many years for proprietary trading firms.

If you want to learn more about the Futures markets we can meet up and I can show you how we approach trading futures?

I am also based in Auckland, NZ.

We can also discuss brokers and the S&P 500 contract.

Reply With Quote
 
  #9 (permalink)
Trading Apprentice
Auckland, New Zealand
 
Futures Experience: Intermediate
Platform: cTrader, MT4
Favorite Futures: ES, futures, oil, gold & forex
 
Posts: 3 since Oct 2013
Thanks: 0 given, 1 received

Auckland


FuturesTradernz View Post
Hi,

I have been trading Futures, Options as well as Forex for many years for proprietary trading firms.

If you want to learn more about the Futures markets we can meet up and I can show you how we approach trading futures?

I am also based in Auckland, NZ.

We can also discuss brokers and the S&P 500 contract.


Hi FuturesTradernz,

Yea, I would be really interested to meet up and get some advice from you on forex and futures trading, and to chat to a pro trader I live in Auckland city close Albert park. Not sure how we can go about this because I can't send a PM to you yet.

Let me know when and where you would like to meet and we can make a plan?

Thanks for getting in touch. I look forward to catching up with you.

Cheers, Jac

Reply With Quote
 
  #10 (permalink)
Trading Apprentice
Auckland New Zealand
 
Futures Experience: None
Platform: MT4
Favorite Futures: Forex
 
Posts: 2 since Aug 2015
Thanks: 0 given, 0 received

Hi FuturesTradernz


Hi FuturesTradernz
Are you still in Auckland, I am looking for someone experienced to share strategies with
Regards
Ashish

Reply With Quote

Reply



futures io > > > > Auckland forex trader wanting to learn futures?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Where to, or how to best learn about forex trading? Upupandaway Traders Hideout 10 October 15th, 2013 10:25 PM
Wanting a change. Vampy Beginners and Introductions 3 February 11th, 2013 09:06 PM
Best resources to learn futures trading jonesy Traders Hideout 5 November 3rd, 2012 10:54 AM
Learn futures trading vegasfoster Beginners and Introductions 8 February 12th, 2012 02:47 PM
A great trader to learn from. GoldStandard Traders Hideout 15 February 12th, 2010 12:45 PM


All times are GMT -4. The time now is 04:57 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-11 in 0.12 seconds with 19 queries on phoenix via your IP 54.226.132.197