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How has BMT affected your trading?
Started:May 7th, 2013 (03:40 AM) by Big Mike Views / Replies:3,390 / 33
Last Reply:February 28th, 2014 (01:16 PM) Attachments:0

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How has BMT affected your trading?

Old May 7th, 2013, 09:48 PM   #11 (permalink)
Solana Beach, CA
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus -Rythmic
Favorite Futures: CL
khellian's Avatar
Posts: 7 since Feb 2010
Thanks: 19 given, 2 received

Community Spirit

Personally I can't think of anyway that my trading would be where it is today if it wasn't for (formerly BMT). At the very beginning of my trading before joining I found futures trading to be very isolating, being in front of a computer for hours on end trying to work out the way forward in the market. But here we have a community where people offer their wisdom, insight and instruction just for the asking. It constantly amazes me with the effort that goes into maintaining this remarkable place, from Big Mike through to the programmers and all who contribute - I'm not exaggerating when I say that it has saved me thousands of dollars but even more valuable is the fact that by reading other experiences I finally know that I am on the right track and moving forward. A big thanks to all my trading family !

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Old May 8th, 2013, 03:49 AM   #12 (permalink)
Market Wizard
Birmingham UK
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
ratfink's Avatar
Posts: 2,830 since Dec 2012
Thanks: 8,611 given, 5,422 received
Forum Reputation: Legendary

amazing supportive place

Astonishing level of contribution and open honesty from all who post here, a really warm place without the usual ego problems I've encountered in other places.

Has made me realize that all the years I've spent making pretty pictures on my screens hasn't got rid of many of the ugly ones that remain between my ears or how far away I still am from doing something consistently. So the real work starts now.

Thanks @Big Mike and one and all.

Travel Well
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Old May 8th, 2013, 07:05 AM   #13 (permalink)
Market Wizard
Sarasota FL
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES, CL
Posts: 3,368 since Jan 2013
Thanks: 24,128 given, 10,146 received
Forum Reputation: Legendary

I don't think there were quite enough choices on the poll, but I picked the most positive and was happy to. (Would have liked to say best of what, but never mind.)

I was on a fairly narrow track in learning about the market and how to trade until I came here, by accident from something on the NT site. There is an amazing range of stuff here, and it is widening my perspective and has definitely helped my trading. (It has also confused me and changed my trading both for the better and for the worse as I tried out new ideas and changed old ones.)

I couldn't be happier with this wealth of information, perspective, and very helpful people. This is an amazing resource.

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Old May 8th, 2013, 02:04 PM   #14 (permalink)
Elite Member
Austin, TX
Futures Experience: Intermediate
Platform: Stage 5
Favorite Futures: Stocks
KLTF's Avatar
Posts: 45 since Jan 2013
Thanks: 16 given, 23 received

iPad spazzed out and I voted for the wrong section !

But (formerly BMT) has lead me to find some great people who are willing to not only share there knowledge with me but also willing to just be buds who can chat about non market related topics, I can't say anything bad about (formerly BMT) and can only praise @Big Mike for bringing this great community together!

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Old May 8th, 2013, 04:27 PM   #15 (permalink)
Elite Member
Arlington Virginia
Futures Experience: Intermediate
Platform: TOS
Favorite Futures: Options
Posts: 11 since Apr 2013
Thanks: 42 given, 8 received

Best thing!

Futures Edge on FIO
Hi everyone. I've been a member for about 3 weeks, and I've already determined this is the best thing for my trading. The reason I can say that already is simply that this is the only place that one can truly communicate with and learn from actual traders. There are many, many sites out there that are helpful to traders, but the vast majority will involve some sort of sales affiliation. It's the business model. Here, I can read journals, ask questions, hopefully provide my own advice/experiences sometime in the future, etc. An added benefit are the webinars - I attended the Order Flow webinar last Saturday - it was nicely presented, and nicely moderated by BigMike (Thanks BigMike).

I look forward to learning from all of you, and sharing my experiences as well.

Cheers and prosperous trading to all of you.

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Old May 8th, 2013, 06:57 PM   #16 (permalink)
Elite Member
Portland, OR
Futures Experience: Advanced
Platform: thinkorswim
Broker/Data: TD Ameritrade
Favorite Futures: Metal, Energy and Index Futures
Massive l's Avatar
Posts: 1,440 since Mar 2011
Thanks: 907 given, 1,753 received (formerly BMT) got me thinking outside of the box.
The random line thread really opened up my eyes
and helped me in my journey to finding a method. (formerly BMT) was also the place that got me really focusing on risk
management as my #1 priority.

Strategy ≥ Money
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Old May 8th, 2013, 07:00 PM   #17 (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: 45,447 since Jun 2009
Thanks: 28,847 given, 79,599 received

One of my favorite threads, which it seems to this day almost everyone completely misunderstands.


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.
Help using the forum? Watch this video to learn general tips on using the site.

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Old May 8th, 2013, 07:01 PM   #18 (permalink)
Elite Member
Toronto, Canada
Futures Experience: Advanced
Platform: NT
Broker/Data: TD Ameritrade, Dorman/Zenfire
Favorite Futures: CL,ES
VinceVirgil's Avatar
Posts: 1,752 since Aug 2011
Thanks: 2,144 given, 9,172 received

Can't comment

Only trading forum I have ever belonged to.

Never found a need to go elsewhere, as I figured that if I couldn't find what I needed on (formerly BMT), it didn't exist.

The webinars is what drew me here in the first place.

That was almost 2 years ago...and I am still here.


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Old May 9th, 2013, 01:21 PM   #19 (permalink)
Elite Member
milwaukee,wi, usa
Futures Experience: Intermediate
Platform: Mobile TWS & mobile TOS.
Broker/Data: IB, TOS, FXCM
Favorite Futures: futures and options. looking into forex
lrfsdad's Avatar
Posts: 186 since Nov 2012
Thanks: 302 given, 160 received

Best way to learn

Option 1: read some books, try to understand what is being taught. No way to get questions answered or personal interaction from author.
Option 2: Learn from a vendor. Their way is the only way. Questions only allowed on vendor material, students in chatrooms only discuss winners.
Option 3: Take influences from multiple successful traders at (formerly BMT) and find your own method.

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Old May 9th, 2013, 02:25 PM   #20 (permalink)
Elite Member
seoul, Korea
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: CQG, DTN IQfeed
Favorite Futures: YM 6E
treydog999's Avatar
Posts: 882 since Jul 2012
Thanks: 289 given, 991 received

I have been a member of several forums. All of them I just couldn't handle anymore. I had journals giving the same honest trades and ideas on several of them only to get torn up by trolls. Even sharing stuff like my homework would just get bombarded. Something that makes (formerly BMT) special in my mind.

What specifically about (formerly BMT) do I like?
1) great journal section and people give solid feedback there.
2) sharing and critiquing homework, lots of interesting thoughts floating around that are based on data.
3) Webinars, they are awesome. its what drew me to (formerly BMT) in the first place.

I could go on but those are my 3 main reasons (formerly BMT) rocks.

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