Never use the D-word (Day trading) - Emini and Emicro Index Futures Trading | futures io social day trading
futures io futures trading


Never use the D-word (Day trading)
Updated: Views / Replies:1,574 / 15
Created: by thw333333 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 100,000 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

Reply
 
Thread Tools Search this Thread
 

Never use the D-word (Day trading)

  #1 (permalink)
Jupiter Island, FL
 
Trading Experience: Advanced
Platform: TOS
Broker/Data: TOS
 
Posts: 16 since Jan 2015
Thanks: 29 given, 48 received

Never use the D-word (Day trading)

I have been a full-time day trader in index futures for years now (about 9 years daily). I refuse to tell anyone that I am a "day trader" because so many people think they know what that is and think poorly of it according to their own preconceptions. I don't even bother trying to explain what I do. People notice my spending patterns and ask what I do for a living, but I am evasive. I tried to teach a young guy I was mentoring how to trade and it was a disaster. He broke a bunch of my rules and lost big. I also had trouble explaining some of my reasoning on certain days when gut took over. I determined it is not something that I can teach a person. I don't understand how people who do newsletters and courses and all that have any time for life. Trading itself takes too much time.

Curious: are there other traders out there who get a negative reaction to the word "day trader" and thus refuse to use it, even though that is what you do? And also, have any of you guys been able to make a living for years trading mostly the same contact?


Last edited by thw333333; January 5th, 2019 at 05:26 AM.
Reply With Quote
The following 11 users say Thank You to thw333333 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)
Legendary Market Wizard
Portland, OR
 
Trading Experience: None
 
Massive l's Avatar
 
Posts: 1,874 since Mar 2011
Thanks: 1,471 given, 3,525 received


To make it simple and easy for most to understand I say I buy and sell index funds. It's close enough. Going on 10 years now. 4 full time.

Reply With Quote
The following 11 users say Thank You to Massive l for this post:
 
  #4 (permalink)
Market Wizard
Columbus OHIO
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES,
 
MiniP's Avatar
 
Posts: 1,044 since May 2017
Thanks: 1,006 given, 2,536 received

Been part time for about 5 years just started full time anyone outside my immediate family I tell them I'm a loss manager and 9 out of 10 times that's okay for them every now and then someone probes for more and I tell them I manage financial losses.

I had a family friend who through the grape vine founded out what I was doing and tried to tell me it was a bad decisions because he lost 10k on a options bet and hasn't told his wife lol.

-P


Sent using the futures.io mobile app

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
Visit my futures io Trade Journal Reply With Quote
The following 10 users say Thank You to MiniP for this post:
 
  #5 (permalink)
Brisbane Queensland Australia
 
 
Posts: 194 since Aug 2017
Thanks: 131 given, 302 received

Being a Daytrader is the hardest gig in this business , be loud and proud imo . The skillset required is harder to get than that to be most professions . The capacity to earn is far greater than the majority of professions . I am proud to be a Dter

Reply With Quote
The following 9 users say Thank You to Ozquant for this post:
 
  #6 (permalink)
Market Wizard
Evans GA/USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage - Philip Capital
Favorite Futures: NQ,ES,6E,CL
 
TradingOgre's Avatar
 
Posts: 541 since Jul 2018
Thanks: 892 given, 1,592 received

At some point in the past I quit giving a crap what anyone else thought of what I do. I don't need their approval or permission to day trade or make money in any other way. They would only gain that right if they were paying my bills because I couldn't afford to make the payments myself.

When people ask what I do, I tell them. I expect negativity from people who brag about watching all of the episodes from Lost in one week.

Visit my futures io Trade Journal Reply With Quote
The following 8 users say Thank You to TradingOgre for this post:
 
  #7 (permalink)
Manchester
 
 
Posts: 17 since Jun 2018
Thanks: 20 given, 18 received

I’m not even profitable yet but have been learning for the past 3 years and I already know what I’m going to tell people I do for a living and that is ‘I am a risk manager’ lol.

I have a friend who wanted help on starting to learn the markets and we met a few times, each time he basically said day trading is a very silly thing to do and he said he’ll stick to learning swing for a number of ignorant reasons.




Sent using the futures.io mobile app

Reply With Quote
The following 5 users say Thank You to medj for this post:
 
  #8 (permalink)
London
 
 
Posts: 146 since Apr 2018
Thanks: 165 given, 75 received


Massive l View Post
To make it simple and easy for most to understand I say I buy and sell index funds. It's close enough. Going on 10 years now. 4 full time.

Is this via trading futures? Or ETFs? Thanks.

Sent using the futures.io mobile app

Reply With Quote
The following user says Thank You to kazz for this post:
 
  #9 (permalink)
Legendary Market Wizard
Portland, OR
 
Trading Experience: None
 
Massive l's Avatar
 
Posts: 1,874 since Mar 2011
Thanks: 1,471 given, 3,525 received


kazz View Post
Is this via trading futures? Or ETFs? Thanks.

Sent using the futures.io mobile app

I trade futures but most people look at me with a blank expression. I don't care if they understand futures. They are receptive to words like funds, wealth management, etf, etc. so to keep it simple I say I trade index funds and they for the most part get it.

Reply With Quote
The following 2 users say Thank You to Massive l for this post:
 
  #10 (permalink)
London
 
 
Posts: 146 since Apr 2018
Thanks: 165 given, 75 received



Massive l View Post
I trade futures but most people look at me with a blank expression. I don't care if they understand futures. They are receptive to words like funds, wealth management, etf, etc. so to keep it simple I say I trade index funds and they for the most part get it.

Ok I thought you meant futures but the reference to index funds threw me.

Sent using the futures.io mobile app

Reply With Quote
The following 2 users say Thank You to kazz for this post:

Reply



futures io > > > > Never use the D-word (Day trading)




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

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

The Best of Both Worlds: Automated & Discretionary Trading w/SharkIndicators

Jan 23
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Whatâ??s Ailing the Economy? In a Word: Washington Quick Summary News and Current Events 1 April 26th, 2013 03:31 PM
How do I use the order book when daytrading the ES? Sawyer Emini and Emicro Index Futures Trading 4 October 8th, 2012 12:26 PM
One buzz word in today’s business world is MARKETING. kbit Jokes 0 September 27th, 2012 09:57 PM
A new favorite word! kbit Jokes 0 September 10th, 2012 05:47 PM
any word today on when NT7-Beta 18 will be released? Todd NinjaTrader 14 July 2nd, 2010 07:34 AM


All times are GMT -4. The time now is 10:11 PM. (this page content is cached, log in for real-time version)

Copyright © 2020 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