NexusFi: Find Your Edge


Home Menu

 





Your best learning resource?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one TheManWithNoPlan with 9 posts (5 thanks)
    2. looks_two GoodTrading with 5 posts (7 thanks)
    3. looks_3 truckertrader with 3 posts (3 thanks)
    4. looks_4 Anagami with 1 posts (2 thanks)
      Best Posters
    1. looks_one tr8er with 6 thanks per post
    2. looks_two showbiztrader with 4 thanks per post
    3. looks_3 GoodTrading with 1.4 thanks per post
    4. looks_4 TheManWithNoPlan with 0.6 thanks per post
    1. trending_up 7,133 views
    2. thumb_up 39 thanks given
    3. group 13 followers
    1. forum 27 posts
    2. attach_file 1 attachments




 
Search this Thread

Your best learning resource?

  #21 (permalink)
 
chipwitch's Avatar
 chipwitch 
Nashville, TN
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader, Continuum Data
Trading: MES for now... baby steps
Posts: 322 since Feb 2022
Thanks Given: 230
Thanks Received: 631


truckertrader View Post
LMAO! You mean similar to something like this insane volatility...

Crazy what's been happening with volatility in spreads these days, but I always do love a good read, I'll check it out. Thanks

Wow! Look at those premiums! I've always been puzzled how anyone can make money buying calls and puts. I know most people just trade without exercising the option, but still...

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
REcommedations for programming help
Sierra Chart
ZombieSqueeze
Platforms and Indicators
How to apply profiles
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
45 thanks
Just another trading journal: PA, Wyckoff & Trends
31 thanks
Bigger Wins or Fewer Losses?
24 thanks
Tao te Trade: way of the WLD
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
  #22 (permalink)
showbiztrader
Raleigh NC/US
 
Posts: 15 since Mar 2021
Thanks Given: 13
Thanks Received: 35


TheManWithNoPlan View Post
What resource in your time trading was most useful for learning more and putting you on the right path?

As a rookie in the futures space, any guidance would be appreciated.

First, it's hard to say there is one thing that put me on the right path. It was a combination of many ideas, concepts and teaching, that allowed me to develop MY path for success. If you choose one, then you risk trying to copy them, and that will NEVER work in this industry. The market is a unique animal, and requires a unique personal approach. Yes, you must learn, and be educated from those who are profitable but then you have to find your niche, edge, style, market, instrument, software, indicator, time of day, risk, and so on...in order to truly be profitable in the long run. So, I would say start by googling these folks and study all they offer:

Mentors
1- Futurestrader71.
2- JJ aka vwaptrader1, with Microefutures.com - he is a master at the futures market and Market Profile (which is amazing for futures trading!)
3- Jim Dalton. Speaking of Market Profile. study him!
4- Peter Reznicek
5- Anthony Crudele
6- Hubert Senters
7- John Grady
8- Jonathan Rose
9- DoubleWide Capital(Eric)
10- CME Group site

My top choices for platforms (in no particular order)
Overcharts, EdgeProx, Quantower, Sierra Chart, Tradingview, ThinkorSwim

Fav futures market to trade
1st - Treasuries
2nd- Crude
3rd - ES, NQ, YM
4th - some commodities

Podcasts
Confessions Of A Market Maker
Futures Radio
Chat with Traders
The tastytrade network


Secondly, JOURNAL everything you do. Every day if possible. Every trade.
Lastly, get a lot of screen time! Make tons of mistakes (some live and some simulated of course!)

Hope it helps you a little! Cheers.

Reply With Quote
  #23 (permalink)
 
TheManWithNoPlan's Avatar
 TheManWithNoPlan 
Chicago, Illinois
 
Experience: Intermediate
Platform: Tradingview, Tradestation
Broker: NinjaTrader
Trading: Futures, Options
Posts: 28 since Mar 2022
Thanks Given: 21
Thanks Received: 23



showbiztrader View Post
First, it's hard to say there is one thing that put me on the right path. It was a combination of many ideas, concepts and teaching, that allowed me to develop MY path for success. If you choose one, then you risk trying to copy them, and that will NEVER work in this industry. The market is a unique animal, and requires a unique personal approach. Yes, you must learn, and be educated from those who are profitable but then you have to find your niche, edge, style, market, instrument, software, indicator, time of day, risk, and so on...in order to truly be profitable in the long run. So, I would say start by googling these folks and study all they offer:

Mentors
1- Futurestrader71.
2- JJ aka vwaptrader1, with Microefutures.com - he is a master at the futures market and Market Profile (which is amazing for futures trading!)
3- Jim Dalton. Speaking of Market Profile. study him!
4- Peter Reznicek
5- Anthony Crudele
6- Hubert Senters
7- John Grady
8- Jonathan Rose
9- DoubleWide Capital(Eric)
10- CME Group site

My top choices for platforms (in no particular order)
Overcharts, EdgeProx, Quantower, Sierra Chart, Tradingview, ThinkorSwim

Fav futures market to trade
1st - Treasuries
2nd- Crude
3rd - ES, NQ, YM
4th - some commodities

Podcasts
Confessions Of A Market Maker
Futures Radio
Chat with Traders
The tastytrade network


Secondly, JOURNAL everything you do. Every day if possible. Every trade.
Lastly, get a lot of screen time! Make tons of mistakes (some live and some simulated of course!)

Hope it helps you a little! Cheers.

Thank you so much for sharing such an in-depth list of information to look into! I am sure this will be vastly useful to myself and any other traders looking to this thread in the future.

Started this thread Reply With Quote
Thanked by:
  #24 (permalink)
 steve9999 
Charleston SC
 
Experience: Intermediate
Platform: Ninja Trader
Trading: MES, stocks and forex
Posts: 1 since Apr 2022
Thanks Given: 0
Thanks Received: 0

I found Pradeep Bonde aka Stockbee to be really helpful for trader development. His ideas on deep dives, mind clarity and self leadership really struck home with me.

Reply With Quote
  #25 (permalink)
 
Anagami's Avatar
 Anagami 
Cancun, Mexico
Legendary Market Hustler
 
Experience: Advanced
Trading: MES
Posts: 978 since Dec 2010
Thanks Given: 707
Thanks Received: 2,300


TheManWithNoPlan View Post
What resource in your time trading was most useful for learning more and putting you on the right path?

As a rookie in the futures space, any guidance would be appreciated.

I will start as I am still in the cheese maze myself. I would say the most useful for me has probably been Market Wizards, it is thrown around a lot when talking about books, but hearing successful traders talking about macro and psychological aspects really helped hammer home the importance of good risk management and best practice. Which has taken me from being a losing trader to a breakeven one, which is almost somehow more frustrating.

Was there ever an AHA learning moment for you?

Learning from MYSELF, the best parts of myself, listening to them, taking them seriously, and amplifying them.

I found that reliance on any external authority is of rather limited help.

You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
Reply With Quote
Thanked by:
  #26 (permalink)
 GoodWalkSpoiled 
Atlanta, GA
 
Experience: Intermediate
Platform: ThinkorSwim
Trading: Futures, Stocks
Posts: 1 since Jan 2022
Thanks Given: 0
Thanks Received: 1

My top 2 would be Adam Grimes' free trading course and the Market Rant podcasts.

Grimes course gave me a big wake-up call that while this is at least somewhat an art, you need an edge that is statistically significant to have a shot.

Market Rant (only on Youtube) is my go-to for whenever I need a reset on trader psychology. They're both CANSLIM guys but 99% of the show is psychology based and applies for whatever style you trade.

Reply With Quote
Thanked by:
  #27 (permalink)
 SpeculatorSeth   is a Vendor
 
Posts: 780 since Apr 2016
Thanks Given: 22
Thanks Received: 1,018

https://arxiv.org/archive/q-fin

- SpeculatorSeth
Reply With Quote
Thanked by:
  #28 (permalink)
diegobernardes
Portugal, Lisbon
 
Posts: 6 since Apr 2022
Thanks Given: 2
Thanks Received: 2


showbiztrader View Post
First, it's hard to say there is one thing that put me on the right path. It was a combination of many ideas, concepts and teaching, that allowed me to develop MY path for success. If you choose one, then you risk trying to copy them, and that will NEVER work in this industry. The market is a unique animal, and requires a unique personal approach. Yes, you must learn, and be educated from those who are profitable but then you have to find your niche, edge, style, market, instrument, software, indicator, time of day, risk, and so on...in order to truly be profitable in the long run. So, I would say start by googling these folks and study all they offer:

Mentors
1- Futurestrader71.
2- JJ aka vwaptrader1, with Microefutures.com - he is a master at the futures market and Market Profile (which is amazing for futures trading!)
3- Jim Dalton. Speaking of Market Profile. study him!
4- Peter Reznicek
5- Anthony Crudele
6- Hubert Senters
7- John Grady
8- Jonathan Rose
9- DoubleWide Capital(Eric)
10- CME Group site

My top choices for platforms (in no particular order)
Overcharts, EdgeProx, Quantower, Sierra Chart, Tradingview, ThinkorSwim

Fav futures market to trade
1st - Treasuries
2nd- Crude
3rd - ES, NQ, YM
4th - some commodities

Podcasts
Confessions Of A Market Maker
Futures Radio
Chat with Traders
The tastytrade network


Secondly, JOURNAL everything you do. Every day if possible. Every trade.
Lastly, get a lot of screen time! Make tons of mistakes (some live and some simulated of course!)

Hope it helps you a little! Cheers.


That's a really nice list to follow. Thanks!

Reply With Quote




Last Updated on May 3, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts