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Millionaire in 10 weeks & Conversation with broker


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Millionaire in 10 weeks & Conversation with broker

  #31 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013


tr8er View Post
I hope nobody believes in this nonsens.

...he will fail with this idea.


wldman View Post
..everyone knows how it ends. Carry on.


Big Mike View Post
it takes longer to learn what not to do
Mike

Well I was afraid of this type of reply thinking that TradeStation was the only forum "infected" with negativity where logic, backtesting and solid positive performance report can't even shut them up.

It looks like this forum is like that too.

Nice to have chatted with you guys, but being called a "Kid who still doesn't know what being burned feels like" by the very own forum administrator, was just the cherry on the top.

As if I was new to trading while In fact I got burned in the past really bad and THAT is the reason why I didn't trade and spent many years perfecting my trading system because that's what smart traders must do, don't get in with a hot head, think, test, backtest, learn more, think again, modify, test, backtest again, get positive performance report after positive performance report before you get in and when you do, don't try real money at first, try a sim and EVEN after all that, if it works, I still get laughed at as if I am a stupid newbie trader!!!!

Just like on TradeStation, if you are the positive type you can always reply to me via PMs because the way I see it, if the admin doesn't even see the potential of all this and calls me an inexperience kid who will soon get burned, I don't believe those threads are recoverable and because like attracts like, pretty soon others will jump in and trash it even more instead of building upon it.

So that's it, I'm out.

I'm gonna put my hands on the stove now...and go change my diaper...at 49.

Cheers,

Merlin


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  #32 (permalink)
 
Silver Dragon's Avatar
 Silver Dragon 
Cincinnati Ohio
Legendary Master Data Manipulator
 
Experience: Intermediate
Platform: TastyWorks / NT
Broker: TastyWorks /NT
Trading: FX, Stocks, Options
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MerlinWorld View Post
Well I was afraid of this type of reply thinking that TradeStation was the only forum "infected" with negativity where logic, backtesting and solid positive performance report can't even shut them up.

It looks like this forum is like that too.

Nice to have chatted with you guys, but being called a "Kid who still doesn't know what being burned feels like" by the very own forum administrator, was just the cherry on the top.

As if I was new to trading while In fact I got burned in the past really bad and THAT is the reason why I didn't trade and spent many years perfecting my trading system because that's what smart traders must do, don't get in with a hot head, think, test, backtest, learn more, think again, modify, test, backtest again, get positive performance report after positive performance report before you get in and when you do, don't try real money at first, try a sim and EVEN after all that, if it works, I still get laughed at as if I am a stupid newbie trader!!!!

Just like on TradeStation, if you are the positive type you can always reply to me via PMs because the way I see it, if the admin doesn't even see the potential of all this and calls me an inexperience kid who will soon get burned, I don't believe those threads are recoverable and because like attracts like, pretty soon others will jump in and trash it even more instead of building upon it.

So that's it, I'm out.

I'm gonna put my hands on the stove now...and go change my diaper...at 49.

Cheers,

Merlin

@MerlinWorld

Every person who has ever taken the path less traveled has received similar feedback. It can be harsh. You need to have a thick skin when it comes to thinking outside the box.

The best thing you can do, instead of leaving, is to just prove us all wrong. Be a Elon Musk, Steve Jobs, Bill Gates and go for it!

Finally, there is nothing like being smacked in the face with a "I told you so!" to keep your ego in and humility in check. I have been on the receiving end of this more times than I can count. The best part is I have learned from every one of them.

Good luck with your trading endeavors!

Robert

nosce te ipsum

You make your own opportunities in life.
Visit my NexusFi Trade Journal
  #33 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013



Silver Dragon View Post
Every person who has ever taken the path less traveled has received similar feedback. It can be harsh. You need to have a thick skin when it comes to thinking outside the box.

Yeah I know, I have this thick skin, that's why I never stopped working on my Trading System despite all the negativity I got on other trading forums.

However, I was expecting something much better at Big Mike's because this is one of the hottest trading forum so I was expecting the top elite traders to tell me something like "This guy is very close but it's missing you this and that" and not same old same old crap that you hear on most trading forums like "You're a dreamer, a kid who haven't been burned, your system will fail, we all know how it will turn out, etc...".

  #34 (permalink)
 ocpb 
Hartford CT, USA
 
Experience: Beginner
Platform: None
Trading: ES
Posts: 126 since Jan 2015
Thanks Given: 152
Thanks Received: 125


MerlinWorld View Post
being called a "Kid who still doesn't know what being burned feels like"

You've put something in double quotes that is not literally a quoted section, only your attempt to paraphrase it...

To me, it was obvious that the stove-related advice was not only referring to you, but about a large percentage of traders in general. I can personally relate to it, and appreciate the reminder.

And if you go back just a few posts, to me it looked like there was someone claiming they didn't call anyone stupid because their advice was obviously meant to be general to a large percentage of traders, not specific to the replied-to poster.

"Can't you see the difference?"

I hope you continue with this thread, because what you are doing is interesting. But if you don't, I'd understand.

  #35 (permalink)
 
Pariah Carey's Avatar
 Pariah Carey 
Memphis TN
Legendary E-mini dictator for life
 
Experience: Advanced
Platform: Thinkorswim
Broker: TDAmeritrade
Trading: Futures
Posts: 1,049 since Jan 2014
Thanks Given: 158
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Big Mike View Post
And everyone typically learns best by their own experience, the kid touches the hot stove no matter how many times the mom says "don't touch it" --- but usually just once

As traders, we seem to really like hot stoves... it takes longer to learn what not to do

In all seriousness, we can offer the best advice in the world, in the most friendly or most serious way, but still at the end of the day the lesson must be learned by the individual, it cannot be learned for him on behalf of another.

Mike

Or as I like to tell people in my non-trading biz, “I can explain it for you but I can’t understand it for you.”

Money make ya handsome
  #36 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013


Pariah Carey View Post
Or as I like to tell people in my non-trading biz, “I can explain it for you but I can’t understand it for you.”

You can't "explain" or "make me understand" anything here based on THIS research because you have never done it with this before, nobody did, not even me because I just invented it.

You can tell me about why YOU failed in the past with YOUR trading system(s) and YOUR indicator(s) and YOUR strategies but they are NOT MINE and what I am proposing here.

  #37 (permalink)
 Billicare 
Haifa,Israel
 
Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker: AMP,IB
Trading: NQ,ES,Euro Bund
Posts: 44 since Jul 2017
Thanks Given: 23
Thanks Received: 63

Hi @merlin,
i'm new here and this is my first post here (exclude my Introduce).
I don't have 14 years of trading experience, i don't invented perfect trading sistem.
I have only 4 years of learning, attempts, huge losses, sweat and tears... all of you know's.
3 weeks ago i did my first withdrawal 10K from AMP Futures, starting this time with 3.1K, make 12K profit in 11 trading days.
Trading ES, NQ, Euro Bund.
I haven't hard trading system, experimenning constantly with indicators and moving averages...
I haven't right money management system (overtrading, big sizes, chasing...)
If i can make this... you with your experience and systems can make your goal

@merlin Please keep going, i beleve it's possibly (technicaly), but psychologically very difficult.
I speak now about myself - My worst enemy is myself.
Please keep posting here.
About coding indicators: why you not use Sierra chart there are great opportunities of customasing.
You can send me your indicators code, i'm not professional programer, but can try.

GOOOOOOOD luck!!!
P.S. Never stop going!!!

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  #38 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013


Billicare View Post
If i can make this... you with your experience and systems can make your goal

Thank you for that.


Billicare View Post
About coding indicators: why you not use Sierra chart there are great opportunities of customasing.
You can send me your indicators code, i'm not professional programer, but can try.

Which coding language Sierra chart uses? C++? VB? C#?

Right now I am using EasyLanguage from TradeStation and I am switching to MultiCharts because their charting software looks a lot like TS and they even have a version that accepts EasyLanguage indicators and this is the one I will try soon.

It would nice to just convert my indicators into C# because I could stay with the free Special Edition of MultiCharts that is free of monthly fee, the EL version is $99/month.

If anyone here who knows C# or know someone who knows C#, I'm willing to give away all my indicators code so that we all see the same chart.

P.s. Have you had any trouble getting paid by AMP Futures?

  #39 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


MerlinWorld View Post
Well I was afraid of this type of reply thinking that TradeStation was the only forum "infected" with negativity where logic, backtesting and solid positive performance report can't even shut them up.

It looks like this forum is like that too.

As a whole, the entire point of our community is helping others with a positive attitude. I created the site because other forums were "infested" to use your term with negativity and trolling, and I couldn't stand it.

So please don't mistake someone trying to condense decades of trading experience into a few sentences in a post that come across harshly for someone that is rude or overly negative. For the most part, they are trying to just "keep it real". And the fact is, what you propose is practically 100% impossible. I would therefore suggest you try to aim for something more realistic. This is me speaking, a trader with ~25 years experience, and 10 years experience watching patterns of successful and unsuccessful traders as admin of this site. You might consider I have a clue. But its up to you to prove me wrong. As traders, that is the basic of the job - win, and that means someone else will lose.

A good place to start is the "Where to start as a trader?" part 1 webinar here:
https://nexusfi.com/webinars/#registernow (in your browser ctrl-f then search "where to start").

Mike

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  #40 (permalink)
 Billicare 
Haifa,Israel
 
Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker: AMP,IB
Trading: NQ,ES,Euro Bund
Posts: 44 since Jul 2017
Thanks Given: 23
Thanks Received: 63



MerlinWorld View Post
Thank you for that.



Which coding language Sierra chart uses? C++? VB? C#?

Sierra work on C++

Right now I am using EasyLanguage from TradeStation and I am switching to MultiCharts because their charting software looks a lot like TS and they even have a version that accepts EasyLanguage indicators and this is the one I will try soon.

It would nice to just convert my indicators into C# because I could stay with the free Special Edition of MultiCharts that is free of monthly fee, the EL version is $99/month.

If anyone here who knows C# or know someone who knows C#, I'm willing to give away all my indicators code so that we all see the same chart.

P.s. Have you had any trouble getting paid by AMP Futures?



No! I very happy with this broker, support work perfectly.
BTW Sierra chart support is the best!
I have also IB account it's different level of service

Follow me on Twitter
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Last Updated on August 5, 2019


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