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Where and How Do You Trade (via which device)?


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Where and How Do You Trade (via which device)?

  #21 (permalink)
 Liberty88 
Chicago, USA
 
Experience: Intermediate
Platform: Ninja. trying Sierra...
Broker: Ninja, Stage 5 for Sierra
Trading: Futures: ES, CL, GC
Posts: 41 since Nov 2021
Thanks Given: 11
Thanks Received: 46


Big Mike View Post
Hi guys,

Please vote & discuss.

Please select where you trade, and also select how you trade (via which device).

Mike


Hello Mike,
I think you need to redo this poll as two separate questions (Where do you trade? AND Which device do you trade on?).

Because from the responses we can see most people are not entering two responses to a single question.

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  #22 (permalink)
 
maybeimajerk01's Avatar
 maybeimajerk01 
Toronto and Canada
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Rithmic
Trading: Futures, Stocks
Posts: 5 since Mar 2023
Thanks Given: 16
Thanks Received: 6

I trade Futures with pc, 4monitors at home. I can’t see how you guys can trade them on your phone.. it’s really tiny information with smartphone.


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  #23 (permalink)
toucan94506bm
danville ca usa
 
Posts: 73 since Aug 2015
Thanks Given: 48
Thanks Received: 75



maybeimajerk01 View Post
I trade Futures with pc, 4monitors at home. I can’t see how you guys can trade them on your phone.. it’s really tiny information with smartphone.


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same here... pc with 4 monitors at home. i daytrade metals, crude and natty.. what do you trade and do you daytrade?

thanks
toucan

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  #24 (permalink)
 
maybeimajerk01's Avatar
 maybeimajerk01 
Toronto and Canada
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Rithmic
Trading: Futures, Stocks
Posts: 5 since Mar 2023
Thanks Given: 16
Thanks Received: 6


toucan94506bm View Post
same here... pc with 4 monitors at home. i daytrade metals, crude and natty.. what do you trade and do you daytrade?

thanks
toucan

I'm a day trader and especially metals, forex. Nice to meet you Toucan. :-)

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  #25 (permalink)
toucan94506bm
danville ca usa
 
Posts: 73 since Aug 2015
Thanks Given: 48
Thanks Received: 75


maybeimajerk01 View Post
I'm a day trader and especially metals, forex. Nice to meet you Toucan. :-)

nice to meet you too.

i've been daytrading 25 years... how long have you been trading.

i usually trade from 8am est to 11am est, sometimes until 12 noon. i look for trends, my setups are pullback, range and fast moving trends... i tend to trade off of high/low of yesterday and a high/low range of the 2 hours in the early am. my trades are usually less than 10 minutes.

what i expect to happen is:

trade more than half of the good trends... i cant see/catch/decide to enter them all and some of them price moves too quick to trade
make less than 25% mistakes when looking for a setup or entry point... mistakes are those that i make... could be a losing or profitable trade
achieve more than 50% profitable trades... actual is 50-60%
achieve more than 1.5 $ profit versus 1$ loss... actual is about 1.6 to 1
keep stoploss less than $1,000.. ive been increasing number of contracts over the last 4-5 years. as i get comfortable with more contracts
trade less than 10 contracts... metals and energies usually have less than 10 contracts per level and i use market orders.
only trade futures that have less than 3 tick spread.. using market orders 3+ tick spread eats into my profits. most of last year, i didn't trade natty due to wide spreads.

if you are comfortable, please tell me what your process is.

thanks
toucan

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  #26 (permalink)
 alex7777 
San Diego California
 
Experience: None
Platform: Tradestation, Tradingview
Trading: MCL, QM, GBPJPY
Posts: 25 since Mar 2021
Thanks Given: 152
Thanks Received: 52

With a full-time job often starting in the afternoon to night time, I trade on my desktop in the morning -- if I have open positions I manage them on my phone during work. I am in California so tNew York hree hours ahead makes it a little easier however I get up at 3:30 a.m. before trading to review charts -- get coffee etc. My trades are simple 50 percent pullback buys/sells with target and stop already set. Markets include forex/futures/metals. In the last year one improvement that helped me was alerts set on my charting package that when it hits a price I want to enter at, the alert sends it to my email which in turn notifies me on my smartwatch -- If I am at work, I pull out my phone -- enter at the price I choose. That way I don't have to be watching the charts all the time. Before I place the trade, I already know where the trend is going -- where price points are etc. I have measured my targets already and simply wait for the setup. My destop is simply a mini-desktop from asus connected to a 43 inch 4k television. I don't use any indicators, just candles and measured moves so high-powered graphic cards that can count every atom on the planet are not needed. Many times also I use my tablet the same way as my destop -- I save charts and review them often on my phone so I remember why I place the price at a point -- many markets one can forget the why and where.

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  #27 (permalink)
toucan94506bm
danville ca usa
 
Posts: 73 since Aug 2015
Thanks Given: 48
Thanks Received: 75


alex7777 View Post
With a full-time job often starting in the afternoon to night time, I trade on my desktop in the morning -- if I have open positions I manage them on my phone during work. I am in California so tNew York hree hours ahead makes it a little easier however I get up at 3:30 a.m. before trading to review charts -- get coffee etc. My trades are simple 50 percent pullback buys/sells with target and stop already set. Markets include forex/futures/metals. In the last year one improvement that helped me was alerts set on my charting package that when it hits a price I want to enter at, the alert sends it to my email which in turn notifies me on my smartwatch -- If I am at work, I pull out my phone -- enter at the price I choose. That way I don't have to be watching the charts all the time. Before I place the trade, I already know where the trend is going -- where price points are etc. I have measured my targets already and simply wait for the setup. My destop is simply a mini-desktop from asus connected to a 43 inch 4k television. I don't use any indicators, just candles and measured moves so high-powered graphic cards that can count every atom on the planet are not needed. Many times also I use my tablet the same way as my destop -- I save charts and review them often on my phone so I remember why I place the price at a point -- many markets one can forget the why and where.

hi there... im another california trader so i understand the early trading.. i also use tradestation and have a 43 " monitor... i daytrade futures for metals, energies and natty.

im east of san francisco... where are you?

cheers

toucan

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  #28 (permalink)
 alex7777 
San Diego California
 
Experience: None
Platform: Tradestation, Tradingview
Trading: MCL, QM, GBPJPY
Posts: 25 since Mar 2021
Thanks Given: 152
Thanks Received: 52


toucan94506bm View Post
hi there... im another california trader so i understand the early trading.. i also use tradestation and have a 43 " monitor... i daytrade futures for metals, energies and natty.

im east of san francisco... where are you?

cheers

toucan

San Diego

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  #29 (permalink)
toucan94506bm
danville ca usa
 
Posts: 73 since Aug 2015
Thanks Given: 48
Thanks Received: 75

ahhh.. nice place to live





alex7777 View Post
San Diego


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  #30 (permalink)
 
Joseph Connors's Avatar
 Joseph Connors 
Colorado Springs, CO USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrade
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 134 since Jul 2012
Thanks Given: 93
Thanks Received: 106



toucan94506bm View Post
ahhh.. nice place to live

I might interject here. It is a very beautiful place! I used to live in Carlsbad.

Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent!
Calvin Coolidge
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