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New to BigMike
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New to BigMike

  #1 (permalink)
Trading Apprentice
Adelaide, Australia
 
Futures Experience: Beginner
Platform: web based
Favorite Futures: M6A
 
Posts: 3 since Jan 2015
Thanks: 1 given, 8 received

New to BigMike

Firstly, I have been searching for a forum where I can obtain information from real traders without the hype & bs of other so called forums.

I have blown several accounts, while frustrating it has been a valuable lesson, more so a lesson of self growth.

I grew up in a negative environment where anyone whom was successful with obtaining money was frowned upon. A BMW or Merc would drive past & as kid I would wonder what they did to get that where as my parents would snigger at them or the tut tut response, sure some of you would be familiar. I was discouraged from doing anything successful in my life - so I left home & became a homeless teenager for a period of time. In order to survive I left the state to begin my own life. While I haven't made the cash I wanted (I'm an employee) I have stable employment & a lasting marriage of 18yrs & 2 wonderful children & we own our own home, I drive a new model B7 VW Passat which is quite an accomplishment & holiday regularly.

On the path of learning how to trade I went on a path which made me a much more patient person in general much nicer to be around. I read many self help books & that of trading as well. Perhaps the best lesson I had was seeing a psychologist & at around the same I picked up Van Tharp's Peak Performance course which was life changing.

I learnt more about myself than any other experience I had up to that point. I am very thankful for having discovered Van Tharp's work & of course to the man himself.

While am still learning how to trade with micro accounts I am positive longer I will prosper.

I am quiet busy but will endeavor to contribute to BigMike's.

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The following 6 users say Thank You to 7Black for this post:
 
  #2 (permalink)
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  #3 (permalink)
Trading Apprentice
Canada
 
Futures Experience: Beginner
Platform: MetaTrader4
Favorite Futures: Forex, gold
 
Posts: 5 since Jan 2015
Thanks: 0 given, 1 received


Wow! Sounds like a great story! Congrats on turning your life around. It sounds like you have quite the willpower.

I love the B7s by the way. Great choice!

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The following user says Thank You to dudex for this post:
 
  #4 (permalink)
Trading for Fun
Kalispell montana
 
Futures Experience: Beginner
Platform: ninjatrader
Favorite Futures: es
 
Posts: 158 since Jan 2015
Thanks: 157 given, 23 received


7Black View Post
Firstly, I have been searching for a forum where I can obtain information from real traders without the hype & bs of other so called forums.

I have blown several accounts, while frustrating it has been a valuable lesson, more so a lesson of self growth.

I grew up in a negative environment where anyone whom was successful with obtaining money was frowned upon. A BMW or Merc would drive past & as kid I would wonder what they did to get that where as my parents would snigger at them or the tut tut response, sure some of you would be familiar. I was discouraged from doing anything successful in my life - so I left home & became a homeless teenager for a period of time. In order to survive I left the state to begin my own life. While I haven't made the cash I wanted (I'm an employee) I have stable employment & a lasting marriage of 18yrs & 2 wonderful children & we own our own home, I drive a new model B7 VW Passat which is quite an accomplishment & holiday regularly.

On the path of learning how to trade I went on a path which made me a much more patient person in general much nicer to be around. I read many self help books & that of trading as well. Perhaps the best lesson I had was seeing a psychologist & at around the same I picked up Van Tharp's Peak Performance course which was life changing.

I learnt more about myself than any other experience I had up to that point. I am very thankful for having discovered Van Tharp's work & of course to the man himself.

While am still learning how to trade with micro accounts I am positive longer I will prosper.

I am quiet busy but will endeavor to contribute to BigMike's.

What e-micros are your trading?

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  #5 (permalink)
Trading Apprentice
Adelaide, Australia
 
Futures Experience: Beginner
Platform: web based
Favorite Futures: M6A
 
Posts: 3 since Jan 2015
Thanks: 1 given, 8 received

M6A & M6E

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The following user says Thank You to 7Black for this post:
 
  #6 (permalink)
Trading for Fun
Kalispell montana
 
Futures Experience: Beginner
Platform: ninjatrader
Favorite Futures: es
 
Posts: 158 since Jan 2015
Thanks: 157 given, 23 received


7Black View Post
M6A & M6E

What has been your thoughts on volume and slippage?

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  #7 (permalink)
Trading Apprentice
Adelaide, Australia
 
Futures Experience: Beginner
Platform: web based
Favorite Futures: M6A
 
Posts: 3 since Jan 2015
Thanks: 1 given, 8 received


sledmt View Post
What has been your thoughts on volume and slippage?

I do not pay any attention to either. I have seen moves with low volume but then some trade by volume alone. As for slippage I see it as perhaps more of concern for intraday traders, I trade on daily bars with my goal to move to monthly. Any occurrence is part of the business apart from being queued someone else needs to take your opposite position. I participate to take a small piece of the market but not the market take a big piece of me.

What are your thoughts?

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The following user says Thank You to 7Black for this post:
 
  #8 (permalink)
Trading for Fun
Kalispell montana
 
Futures Experience: Beginner
Platform: ninjatrader
Favorite Futures: es
 
Posts: 158 since Jan 2015
Thanks: 157 given, 23 received


7Black View Post
I do not pay any attention to either. I have seen moves with low volume but then some trade by volume alone. As for slippage I see it as perhaps more of concern for intraday traders, I trade on daily bars with my goal to move to monthly. Any occurrence is part of the business apart from being queued someone else needs to take your opposite position. I participate to take a small piece of the market but not the market take a big piece of me.

What are your thoughts?

Trading the e-micros over several days or more is interesting. Never looked at from that perspective.

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