Yhea thats what I meant. Sorry If I made myself misunderstood.

Yes I am, I hope you are voting for Norway! hehe

Its a very hard game for the German Players. Norway is very strong.

Hello everybody!
..

But eventually threw in the towel as I thought everything I read in the books and watched on youtube was complete and utterly nonsense, made up by people who didn’t knew how to trade profitably themself and where basically just scamming people.
...

What I’m wondering is if someone could be so kind as to help me a little on my way and answer a few questions?

1.
What do you think my first steps should be to learn how to be a profitable commodity trader?

2. I have found some books that looks good, do you recommend me to read these:
A traders first book on commodities.
Hot commodities.
Commodities for dummies.
The little book that still beats the markets?

3. What broker and software do you recommend?

4. Can you please explain a little bit about your methodologies? Like a little step for step guide about what you generally do before each trade?

Thank you very much in advance my friends!

Hi,
I was recommended by someone in this forum to look into Daniel Castilla,..

Hello there. I completely agree the majority if not all the vendors of retail trading methods, "schools/academies" and indicators, are charlatans perpetuating scams on newcomers to retail trading because that's how their rotten industry thrives and survives. I had long suspected all of them didn't trade for a living. And my thoughts were finally justified and confirmed with Emmett's https://www.tradingschools.org/ reviews which has also helped the CFTC and FBI arrest and indict some of the more egregious scammers. And it just makes common sense. A real profitable trader would have no pressing need to teach strangers even for a fee business. At best, they would probably only teach significant others or closest friends. There are exceptions of course, but I think I've ever only seen a handful, and still then I can't say they're completely proven.

I assume you are asking about swing or daytrading futures:

1. & 3. Sign up for a platform and feed. You can deposit some funds, but start in sim only for the feed and information. Try things out. IB, TDA (with ThinkorSwim), Ninjatrader brokerage are among the popular ones. There are others out there that allow a choice of various platforms such as ampfutures. I personally still use Ninjatrader 7 & Thinkorswim platforms.

2. Maybe start out with a futures book on trading or retail trading in general. There's also lot of free stuff here on this site and around the web. (I just saw this here, and think this is decent free material on a method of market structure:

Your trading strategy Damian Castilla on YouTube. Guy is legit, sells nothing, has a huge thread on Forex Factory (He primarily trades futures though)and trades live money and his stuff works. I have a 70% win rate currently using his strategy. You may not like it tho, he …

) Books are cheaper where you don't want to have to spend more than few hundred for trading "education" if you can. yes, most trading books are just fluff too , but you want to get started on a few ideas to dip in and test your own ideas where you want to get to a point where once you're familiar with some trading styles and methods, you can experiment and try to create your entries and methods variations and test them out.

I think a couple of good overall trading information intro books are Alexander Elder's "Trading for a Living" and "Swing and day trading, evolution of a trader" by Thomas Bulkowski.

4. In general, you want to already have a plan for each trade. How, where when for entry of a trade. Then also management of a trade. When, where to get out. How to get out when in a riskier trade etc. And then practicing and sticking to your plan and rules.

Start out with a small account and small size. You will probably blow out a few or more accounts which won't be too bad if you had small accounts for the practice. (that's why save funds for the accounts and broker & platform commissions/fees, rather than getting scammed by pricy vendors). Good luck.

Hi,
I was recommended by someone in this forum to look into Daniel Castilla, he has a bunch of instructional videos in YouTube on price action. Go through lessons 1 to 10. He also does live trading once a month. He’s does not charge a penny and is a very successful trader. I been trying to become a consistent trader for years, and I found his trading style to be simple and very effective... good luck my friend and hope you become the trader you want to be...


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Hello my friend!

Thank you for the informative post, it was very helpful.

Its good to see that its not just me being paranoid about the fake teachers

I will buy the books you recommended and then start a training account on ninjatrader combined with more reading on this forum and books.

Have you become profitable jet? If so, how long did it take and how much did you study/train?

4.
Dont undertand anything of this "price action with an ema and buy p/bs and sell rallies"