Very basic newbie questions - Beginners and Introductions | futures io social day trading
futures io futures trading

Very basic newbie questions
Updated: Views / Replies:1,826 / 11
Created: by nopeda Attachments:1

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 – 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 don’t 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

Thread Tools Search this Thread

Very basic newbie questions

  #11 (permalink)
Trading Apprentice
Buford GA USA
Futures Experience: None
Platform: MetaTrader
Favorite Futures: Emini ES
Posts: 6 since Mar 2016
Thanks: 0 given, 4 received

casey44 View Post
@nopeda, this does not exactly address your post but given what you said it occurs to me you might want to also check out It can offer a structured learning focus. And could offer a starting anchor so to speak from which to explore BMT more.

One example... in time you might be attracted to the trading style/risk profile of one or more of the Dough traders. And through the Dough platform, with a just a few mouse clicks you can “Follow” one of their trades if you want, i.e., it will be duplicated in your account. And then you have some one person you can follow to see what they do next with it. Can put as much or as little time into something like that as you want. If any of this strikes a chord, go to Dough and look around there, their blog, facebook, etc. Maybe sign up for the newsletter. If you read a bit you'll see how Tastytrade and Thinkorswim are connected to Dough.

Just some random fwiw thoughts. Good luck.
(PS, If you have zero interest in options, note that, which is free, has some daily content re trading futures. Click on “Find Shows” at top of window and scroll down to “Splash into Futures”.)

Thank you for the suggestions! I'll look into them.

Reply With Quote
  #12 (permalink)
Trading Apprentice
Hartford, Connecticut
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: YM, ES
Posts: 5 since Aug 2013
Thanks: 1 given, 6 received

nopeda View Post

I've never done any of this but have been thinking about it for around 20 years. Now I finally want to at least try it out but don't know how to get started. I'd like something to be involved with like day trading or something but don't want to--and can't--sit in front of a computer all day because of work, and don't have much money so would have to deal with low priced stuff. I've heard the term penny stocks. Is it possible to set it up in advance so things will automatically buy and sell when they reach different points so we don't have to be there watching charts all of the time?

Just in searching around for different forums it became apparent that there are a lot!!! of places for beginners to start, but I don't want to just grab whatever and hope it's worthwhile. So I'm asking around what experienced people have learned about and suggest as good specific tutorials or threads or whatever they think is best for beginners to learn the basics. I know nothing at this point so need to learn how to find out what to learn, if that makes sense. Where to start from the very beginning, from nothing?

Thank you for any help and suggestions!!!

chik View Post
I would not recommend OTC penny stocks. Just don't. There's generally a handful of negative reasons why each OTC company is not listed on NYSE or Nasdaq. OTC is the stock graveyard where the shares of failed companies go to die.

You would honestly be better served buying a single share of a listed blue chip company than a hundred thousand shares of some bankrupt penny stock.

If you have little money, and no time to trade or learn what you're doing (learning markets and becoming a trader will take a lot of time), honestly just buy into a mutual fund from Vanguard or donate your money to charity.

Piggybacking onto chik's post, I definitely would not waste any time on pennystocks. A lot of new people also like to experiment with options but I would avoid those as well seeing as you are just beginning.

The aura surrounding pennystocks and options is that you can make a lot of money with little initial investment, and while this is true for some traders the cold hard fact is that it is false for far, far, far many more traders.

Trading is not something that you can just pick up with minimal effort. Trading is a journey, really it's a lifestyle change.

If you cannot sit in front of a computer for a long time then that is ok. There are swing traders out there working 9-5's who check their charts anywhere from 1 to a couple of times a day.

If you don't have much funds then start saving. While you're saving start doing some homework.

When I first started out I learned a lot from the babypips school website. Even though I was not trading forex I still learned a lot, not to mention the delivery of information is awesome there. So that might be one avenue for you to check out while you save money.

Reply With Quote


futures io > > > > Very basic newbie questions

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
Some Basic NinjaTrader Coding Questions -- IDataSeries Crow NinjaTrader Programming 7 October 15th, 2017 03:49 AM
Answer my Financial Survey? Only 10 basic questions. ziggle12 Traders Hideout 10 April 29th, 2014 02:45 PM
newbie questions .. eagle75 Traders Hideout 2 May 21st, 2012 02:24 AM
Newbie Questions JTurner77 ThinkOrSwim 3 December 31st, 2011 10:46 PM
Basic datafeed questions forexboom Reviews of Brokers and Data Feeds 3 May 24th, 2011 02:56 PM

All times are GMT -4. The time now is 09:22 PM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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 2018-05-24 in 0.09 seconds with 20 queries on phoenix via your IP