I am in the business of trading. Making money with money. I have a stock account and a futures trading account both of which are real money account I work in daily. I do stocks with Scott Trade and futures with AMP.
My stock account is down however I made 20% on my futures trading from when I opened it 10-22-2013 till EOM. Just so that everything is clear I posted both my EOM futures account numbers and my stock number and the live positions I own currently. Seems there are a lot of posers and junkware selling locusts out there these days. I'm not one of them.
This thread is for live money traders who want to have somewhere to go to unwind and talk about real money trading and the thrill of it and also the part that's not so thrilling if they want. If you are posting charts you will be asked to verify that they are real live money real time charts. You will do this by taking a screen shot of your account sans account number and also a screen shot of the live charts as they relate to what you are posting in
Should you not be a live money trader there are other threads for what you need to know and learn here in futures.io (formerly BMT). I wish you all the best in your learning process and know that you will be back here in this thread posting live money trades real soon.
Below are my live stock positions and EOM numbers from AMP. I did not start trading the AMP account until late in the month so the numbers are from 10-22 to date.
Got a new MS Surface2 yesterday. I wanted to have something to remote to my trading computer from. I am having a hard time of it though. It doesn't seem to be able to connect to my trading laptop for whatever reason. Tell ya one thing though the screen and color are amazing on it. It's HD and as good as my 17" trading laptop which also has HD.
The button's are reallllly small on some things. I am finding that frustrating right now.
I was debating participating in this thread in some form, but wanted to see where it went. I'll be constructive now, but I suspect you'll view it as something else. Don't.
Your snap conclusion to 1 post is unwarranted IMHO. I do not view anything negative in @shodson 's contribution above and certainly nothing disparaging; it is in fact an extremely fair 1) questioning and 2) conclusion, that is most usually applicable to the vast majority of people or traders.
While this is essentially an anonymous forum, there is still that human element where our IDs represent a track record of posts, successes, contributions, an 'aura' of helpfulness, along with a general representation of trading skill and style, none of which can be inferred from your brief thread starting post, or overall post history. Indeed it is fair to say that the starting thread post can be interpreted as showing off. I think many are OK with that - I feel it's actually healthy and a necessary part of one's trading psychology, to portray and do a bit of a "proud peacock walk" to "show off" trading successes.
But the lack of those characteristics I noted in the 1st sentence of my preceding paragraph leave huge amounts open to interpretation by the community. In fairness, you did not provide any background on the instruments, times, sessions, trade length(s), techniques, styles used or anything else relating to the 7 trading days that led to a ~21% increase. It is indeed a great return, but without any context, it is completely open to an incredible range of interpretation.
And, the fact that you've interpreted 1 post from 1 user, and then extended that to the entire community, is irony in itself, and, frankly an incorrect conclusion. As I go back and re-read the first post, it is quite unclear if the thread was just to post similar such statements, or, to provide some form of education and context, which is what is ongoingly craved here, by traders of all sorts of success levels.
I don't mean to pour on criticism, but the snap conclusion you have drawn only further questions and confuses folks on what the intent may have been, and, makes it seem that you have some sort of chip on your shoulder. I am not saying you do, but, I suspect many will draw that conclusion; I have accomplished 600% returns in 2 months, but can also openly admit it is not replicate-able consistently nor easily, because, as an experienced trader, we all know it is market conditions that can change wildly, and it is often we the human being traders, that cannot change with or anticipate the market with the same level of success.
I am not questioning your statement that you're a "damn good trader." Not yet at least. But, hopefully you can interpret that those are pretty powerful words that in the "trading world" - on futures.io (formerly BMT) or elsewhere - really only take on meaning when there are some demonstrable facts that can justify the claim.
The following user says Thank You to Beljevina for this post:
Yes you are right about many things you said. I should have known better than to post like that. It was interpreted wrong and that is most unfortunate. I don't feel the need to share anything other than the numbers. That's REALLY all that matters isn't it? Everything else is BS talk as far as I am concerned.
The trader who mentored me used to get in my ass all the time because I was still trading sim and consistently profitable everyday. He would say "It don't mean S###"!!! He was absolutely right. The only thing that means anything is when you click the mouse and someone else loses so that you can indeed win. Either you have game or you don't. You'll know in the first 5 trades in the live market.
Funny thing though. I don't trade the way he does by a long shot. That said I don't feel the need to talk about how or why I trade. It won't matter. Everyone has their own way and their own risk tolerance. I certainly do not need any interpretation of my trading skills. I have developed an edge that makes me money everyday. That edge will not be another traders.
I will say that I trade with a hard money SL because that is all I am willing to lose on 1 position. I also trade with a money goal for the day and when it is met I turn off the charts.
I did not start this thread to teach anyone to trade. I'm no teacher. Matter of factly I should have not started it at all. Thanks for pointing out the things you did in your post I appreciate that. It shows me that I need to work on my communication skill in public more.
I don't know any reason now to continue this thread now.
The following user says Thank You to DetroitMoney for this post: