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Introduce yourself here!

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  #1401 (permalink)
san diego, ca
 
 
Posts: 1 since Jan 2011
Thanks: 0 given, 1 received

Hi All,

New to this forum. Been trading off/on for last 3 years. Have gone through the usual trading experiences of starting out with indicators, then trying to read the price action, then a combination of both. Still learning. Done a lot of backtesting of ideas. I'm a fairly good programmer with an engineering background, so I like the challenge of finding an algorithm that might help improve the odds in trading. Haven't found it yet. Looking to team up with other traders where my programming skills might be helpful.

A

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  #1402 (permalink)
St. Louis, Missouri
 
Experience: Intermediate
Platform: NinjaTrader, Esignal
Broker: Mirus Futures/Zen-Fire
Trading: ES
 
Posts: 9 since Jan 2011
Thanks: 22 given, 13 received

Hello Mike and all of the great traders out there,

I'm very happy to have found such a fantastic group of traders with such knowledge and experience in trading the markets. I spent the last week trying different indicators you all have contributed and have found them to be very useful. Wish I could have joined this elite group much earlier.

I have been watching the ES consistently for the last two years and have a feel for it. I said "watching" more than trading it. My desire is to be a daytrader...I have no other income...so trading is not a hobby with me. I have literally spent all my savings on expensive internet gurus. I'm sure none of you have been that foolish. I have learned some things that work, but at an extremely high price. I've been through several of the normal newbie stages such as trying to make old lagging indicators work in today's markets. You won't find very many indicators like that on my charts anymore.

I pay attention to a 15 minute Gann chart (extremely precise) while comparing it to a form of Market Profile. I also use Fibonacci and use these methodologies together to see confluence. My trading style...is trading support and resistance levels. When I'm trading the levels, I'm not really waiting for confirmation. I was really glad to discover Gomi's Ladder and Delta Volume. I think it's the last piece I need...although I know there is so much for me to learn from you all. I look forward to meeting all of you. Don't hesitate to email me at any time.

Thanks again for all of you that continue to share your expertise with others. At some point, I hope to be a contributor too.

Thanks,

John
(jmuser)

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  #1403 (permalink)
Toronto Ontario
 
Experience: Intermediate
Platform: Sierra Oanda
Trading: Euro/Usd Euro/Yen
 
Serenpipity's Avatar
 
Posts: 9 since Jan 2011
Thanks: 135 given, 4 received

Thanks for the work done here

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  #1404 (permalink)
Spain
 
 
Posts: 1 since Nov 2010
Thanks: 0 given, 1 received

Hi Mike and all audience there.
This is Ismael 37y. from Spain, i began studying futures markets one year ago and also paper trading a little bit. I know this is a tough world but I would like to improve my skills. Interested in mini ES and Eurex.
I'm thinking to open an account, and i have some important questions for me in order to choose broker, platform, data feed.
In what forum must I ask this questions please?

Cheers
PD. Sorry with my english if I make mistakes.

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  #1405 (permalink)
London UK
 
 
Posts: 20 since Jan 2011
Thanks: 2 given, 1 received

Hey, Big Mike and All.

Ive been trading for 2 years without lots of success, realized lately that my money
management was my problem and i got lots of advice from this site so i joined.
Trading Gold GC at the moment and maybe when i can call myself a Good-trader...trade the Cl - Crude oil
like Big Mike.

Mos

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  #1406 (permalink)
Michigan
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES
 
noslembor's Avatar
 
Posts: 1 since Aug 2010
Thanks: 1 given, 0 received

Hi Fellow Traders,

I am 35 yr old engineer from outside Chicago. Been trading on and off for about 10 years, steady for about 2. I started trading stocks but now I currently trade options on indexes. Someday I wish to day trade futures. I look forward to sharing and growing with a group of people that share the same passion as I. I hope to learn programming languages so that I can test my ideas.

Don't be Greedy!

Nos

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  #1407 (permalink)
Vancouver, BC, Canada
 
Experience: Intermediate
Platform: Ninja
Broker: Optimus/Rithmic
Trading: ES
 
SteveW's Avatar
 
Posts: 13 since Jan 2011
Thanks: 50 given, 32 received

Hi everyone,

I'm Steve. I live in British Columbia right on the coast (it is a beautiful place to live, even with all the rain). I have a day job with a large information technology firm, and travel a lot on business. I have been convinced for 15 years that day trading is my calling. 15-ish years ago I traded the big S&P futures and broke even (not bad for a total rookie who had no idea what trading was all about), until I got caught on the wrong side of a price move after a big FOMC announcement. Heck I didn't have a clue who the FOMC was! Ha Ha on me, and my bank account. But I never doubted that trading was my mission, ever. I've been getting ready to trade for the last 2 years, paying careful attention to the fundamentals (psychology, discipline, money mgmt...). I'm a lot more mature now with a far more balanced view of things, plus I understand the value of patience and time. I just ran into futures.io (formerly BMT) a few weeks ago and am stunned by the end to end integrity of the site and the members. I have never seen anything like this. To show my appreciation I immediately joined as an Elite member. It's not a status / ego thing, it's just to show appreciation to Mike and all of you who make this environment what it is.

See you in the forums, and good trading to all.
Steve

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  #1408 (permalink)
Holland, Michigan
 
Experience: None
Platform: ninjatrader
Broker: CQG
Trading: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,617 since Jun 2009
Thanks: 23,764 given, 5,614 received


SteveW View Post
Hi everyone,

I'm Steve. I live in British Columbia right on the coast (it is a beautiful place to live, even with all the rain). I have a day job with a large information technology firm, and travel a lot on business. I have been convinced for 15 years that day trading is my calling. 15-ish years ago I traded the big S&P futures and broke even (not bad for a total rookie who had no idea what trading was all about), until I got caught on the wrong side of a price move after a big FOMC announcement. Heck I didn't have a clue who the FOMC was! Ha Ha on me, and my bank account. But I never doubted that trading was my mission, ever. I've been getting ready to trade for the last 2 years, paying careful attention to the fundamentals (psychology, discipline, money mgmt...). I'm a lot more mature now with a far more balanced view of things, plus I understand the value of patience and time. I just ran into futures.io (formerly BMT) a few weeks ago and am stunned by the end to end integrity of the site and the members. I have never seen anything like this. To show my appreciation I immediately joined as an Elite member. It's not a status / ego thing, it's just to show appreciation to Mike and all of you who make this environment what it is.

See you in the forums, and good trading to all.
Steve

Welcome aboard Steve!!! You have made a wise decision.

Best wishes in your trading journey,

Rick

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  #1409 (permalink)
Gilroy california USA
 
Experience: Intermediate
Platform: NinjaTrader, TOS, MT
Broker: TDAmeritrade Ninja Trader, TastyWorks, Robinhood
Trading: Options, MES
 
samiotis's Avatar
 
Posts: 79 since Jan 2011
Thanks: 27 given, 50 received

I'm Mike,
I live in sunny Gilroy California, I have been day trading for 8 years and I have sank my entire fortune in the market, I made the decision back then to learn and make a living in the stock market or go on welfare. Well after been busted many times over and not letting go of my goal and after I realise that success was staring me in the face with the set ups I have worked on for so long and they were giving me the signals day after day after day now I'm on the way to prosperity but first I have to build my equity.............See you at the forum ......Mike

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  #1410 (permalink)
Nigeria
 
 
Posts: 1 since Jan 2011
Thanks: 0 given, 0 received

I am happy to be here i want to earn a living and i know all members here will help
God bless
I am from Nigeria just begining to trade forex

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  #1411 (permalink)
Los Angeles
 
 
Posts: 7 since Jan 2011
Thanks: 4 given, 0 received

hi everyone

My brother introduced me to this forum and look forward to learning from the experienced traders



Steve

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  #1412 (permalink)
geneva
 
 
Posts: 5 since Dec 2010
Thanks: 1 given, 1 received

Hi everyone, I am new to this community which appear to me very intresting. I trade the VSA/Wyckoff way for the time being, but want to learn market profile and orderflow methodologies in the coming months ...

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  #1413 (permalink)
miami,fl,usa
 
 
Posts: 1 since Aug 2010
Thanks: 0 given, 0 received

yoyoyo!


hi all.... love the site.. thks

will def. contribute if i have anything "worth" it.

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  #1414 (permalink)
sweden
 
Experience: Intermediate
Platform: ninjatrader
Trading: Futures
 
Posts: 1 since Mar 2010
Thanks: 49 given, 0 received

Hi everyone,

Been following the forum for a while, glad I did !
2 of my companys crashed a year ago and started looking into trading, fed up with the retail business

Expected to go live after a couple of months training, found the forum and
started to understand that trading is easy but so extremily difficult ...

So now going Sim everyday and probably will a long time....
Absolutely great forum !

Thanks
/Mike

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  #1415 (permalink)
New Orleans
 
 
Posts: 6 since Jan 2011
Thanks: 3 given, 1 received

Hi, thanks all for this forum. It has great information for everyone. My main objective is to become a consistent and profitable full-time trader. Begin with stocks without knowing anything (first mistake), then looked at indices and after about two years have concentrated my energy on learning to trade forex especially the euro. Tried many methodologies but found that the study of VSA and the Wyckoff method makes more sense for me. I know it a long road ahead but I believe I can and will succeed if I have patience and concentrate.

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  #1416 (permalink)
North Carolina
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Mirus
Trading: ES
 
greathopes's Avatar
 
Posts: 6 since Apr 2010
Thanks: 8 given, 0 received

Hello All;

I've been daytrading in sim for almost 2 years. I'm on the brink of going live. I went through losing a lot then not losing but not winning and am having steady progress to the winning side. I've been through a lot of trainings and trading rooms all with useful lessons gleened. Lots of coaches hoping to learn from the students out there so be aware. Lots of learning what to and not to do. Have found the best trading I've done is on my own so there's where I am. I love this site and the people who contribute and make it great. Even for those who don't know how to contribute it's a great lifting point for their success. Who knows what beginners will be full of juicy knowlege in the future So thanks for supporting all levels of traders. HooZa!

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  #1417 (permalink)
Bend Oregon
 
Experience: Master
Platform: NinjaTrader
Trading: CL
 
cihde's Avatar
 
Posts: 13 since Sep 2010
Thanks: 79 given, 8 received

Hello,
Can't wait to dive into futures.io (formerly BMT). Looking forward to learning and sharing experiences.....
LETS GET STARTED!!

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  #1418 (permalink)
Bloomington, IL
 
Experience: Advanced
Platform: Ninja
Trading: YM. ES
 
Posts: 11 since Jan 2011
Thanks: 3 given, 14 received

I am a retired institutional trader who currently auto trades several blocks at two different brokerages. I am primarily a support/resistance/price action trader. I am a minimalist when it comes to indicators, as I generally only look at volume and several squeeze-type indicators. After all these years, I am still passionate about trading and always anxious to hear new ideas and meet traders from beginners to pros. You are never to old to learn, all that is required is the ability to listen and not talk. Look forward to meeting you all....

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  #1419 (permalink)
Boston, MA
 
Experience: Intermediate
Platform: tried many
Trading: no current favorite
 
JimU's Avatar
 
Posts: 1 since Jan 2011
Thanks: 0 given, 0 received

Hi All,

Just found this forum after recently getting the
trading interest starting up again. Looks like a gem
of a forum!

I've traded on and off since '86 (!), and tried all
sorts of approaches and feel I've learned discipline
in the process. But, I have to say I've never really
hit my stride. More accurately, several approaches
I tried were reasonable, but as the markets changed
I did not adapt the approach.

Originally wrote our own charting package running
on DOS on a 286! Still one of the nicest I've seen...
Cheaper than the $500/month FuturesSource (at that
time). Was long soybeans the day of the '87 crash
and found it interesting that most the commodities were
pulled down with it.

My last account did pretty well with an interesting
day-trading system making one trade a day, using no
stops or profit targets (it tested better that way), simply
calling the day's direction and closing at EOD, trading
only on a gap opening and using an early-in-day time
window to predict the day's direction. Did take some
nerves to sit through the swings! After awhile the
market changed, invalidating the system as it produced
drawdown greater than historical. It was developed
on a year of 1-minute bars.

Following this I tried numerous approaches to real-
time day-trading, which was good experience. But, since
I didn't have a solid approach, and having paid 20% tuition,
I closed the account and started a business with the remainder,
which has done pretty well in the meantime...

But I've always enjoyed the challenge and interest
of trading, so am looking to get back into the fray. My
impression is this forum is an excellent resource for traders
of all experience levels. I look forward to getting a lot out
of perusing the various topics.

Cheers, Jim

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  #1420 (permalink)
Los Angeles
 
 
Posts: 19 since Jan 2011
Thanks: 2 given, 27 received

Greetings everyone!

I've been trading since Feb. '09, and have decided to poke my head in here to see what's going on. Although it took me the usual months / years of frustration, I now trade with a naked chart, while also using the NYSE TICK for confirmation. Since the New Year though, I have used the TICK less and less. Some of my basic principles include:

1. I see market movement as a series of supports and resistances "flipping", and I trade it as such.
2. I use the 4H to capture longer term areas of support / resistance, based on untested flips
3. I use a 512 tick chart for entries based on the same idea of price flipping.
4. I keep a rough idea of price waves, but don't use any hard rules.
5. Lastly, I use the NYSE TICK as a barometer at times. There are levels that will often confirm bearish / bullish sentiment. I do not fade TICK extremes, as I see high TICK readings as signs of strength and not signs of weakness.
6. I only trade ES

That's all there is to it!

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  #1421 (permalink)
San Jose, CA
 
Experience: Intermediate
Platform: Sierra Chart
Broker: IB
Trading: Futures
 
Posts: 113 since Jan 2011
Thanks: 54 given, 95 received

Hi,

I've been trading full time for two years. Prior to that I had been mostly spending my free time reading about and studying the economy since I was one of those doomers that was convinced that we were going to have a once in a lifetime banking meltdown. I had absolutely no understanding of trading or markets, but just opened up my first real trading account and started shorting and buying puts on banks and homebuilders as the ideas came into my head without even looking at a chart. Believe it or not I shorted FNM multiple times in 2007 and 2008 and ended up losing money on them. I did get a few trades right though so overall 2008 I made a pretty good profit, but nothing life changing. I ended up disappointed in myself for not executing better on a really good macro call.

I decided to switch to futures and trade full time to better take advantage of what I thought was going to happen next. I figured the easiest thing from a macro perspective would be to trade gold from the long side. Since it had been holding up under both inflationary and deflationary swings, my idea was that I could use more leverage. Anyway, my simple strategy has been to be as long as possible for the major moves and to try to minimize the damage on the corrections. I have been trying in the meantime to become a better trader and to occasionally make some shorter term swing trades on some other instruments (ES, ZB, CL). I'm also interested in Ags, but so far I've just been trying to learn. For 2009 and 2010 my strategy has worked well (basically 1 big winning trade and lots of smaller losing trades both years) but I am mindful of the fact that I need to be developing new strategies for when things change. Either that or go back to work.

I'm not sure how many people here trade longer term with leverage, but I'm interested in improving my short term trading as well. I've never participated much on online forums, but this seems like a place worth trying out. I'll probably be mostly lurking and learning unless I see something that I might be able to help with.

Thanks,
John

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  #1422 (permalink)
Lodi, NJ
 
Experience: Intermediate
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: US Stocks
 
Posts: 10 since Feb 2011
Thanks: 4 given, 3 received

Hello everyone,

I have been casually trading mainly uS stocks for about 3-4 years. I trade options as well. I have made many many mistakes along the way, and have learned the hard way like alot of people. I'm just now starting to get involved in automated trading. I'm looking into NinjaTrader and MultiCharts. I'm a software developer by day and have been a programmer for about 15 years (java, pascal / Delphi, VB), but I am getting tired of how big corporations treat workers (I am a programmer for one of (maybe THE biggest) software corporation in the world) and I am thinking of day trading exclusively ONE DAY (baby steps, no RUSHING).

I hope to learn either NinjaTrader or MultiCharts. I'm hoping my programmer background will make this easier.

Thank you for reading!

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  #1423 (permalink)
San Antonio, Texas
 
Experience: Beginner
Platform: NinjaTrader
Trading: NQ, CL
 
JdDragon's Avatar
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

I am as green as it gets. Although I have been interested in and reading about trading for a few years I have only recently made the decision to jump in and see if it is something I enjoy and can be successful at. I have spent about 3 months trying to educate myself with a month in SIM. I find out every day just how much I don't know. I have no intentions of putting real money on the line any time in the foreseeable future. I know I have a long way to go before that is even on the horizon. I have been reading reviews and comments on the forum for a few weeks and am impressed with both the level of knowledge and the spirit of community here. I'm hoping to continue to learn, grow and become more disciplined and this forum seems like another great resource.

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  #1424 (permalink)
Sedgefield, South Africa
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

My name is Johann - have traded for many years and still love to learn new things - hope to interact with real people who respect one another...

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  #1425 (permalink)
Berdychiv, Ukraine
 
 
Posts: 1 since Jan 2011
Thanks: 0 given, 0 received

Hi,
I was introduced to trading on the forex market in 2005, when I was a student. Then I opened a real account, which finished six months later. Then I traded in demo account, and participated in competitions traders, even 2 times ranked.
Then I worked in the investment company as a bond trader. The 2008 financial crisis led to bankruptcy and unemployment. I am again actively engaged in trading forex, but profit = loss. I have concluded that opportunities for profitable trading in the forex market is minimal because profit/risk relations is poor.
Now I am trading NYSE stocks on paper and working on system developing. I think your forum is very helpful. Thank you all. Sorry for my English.

Dmitry

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  #1426 (permalink)
Los Angeles
 
 
Posts: 8 since Feb 2011
Thanks: 4 given, 0 received

I've been around futures trading since they were chalking prices on blackboards at the CBOT, but have only traded intermittently. I traded S&P pit by phone in the mid nineties with a satellite data feed. I didn't like the slippage, and I always felt vulnerable to something coming out of left field. I never got bit bad, but I dropped it anyway. Costs were too high as well.

Modern, fast internet data feeds and trading interfaces have created an enticing combination recently, so I'm back, but I am still trying to find the niche that best suits me. Having said that, I am currently interested in understanding NinjaTrader better, and I watch a range of basic, high volume, high volatility instruments. Mostly I watch the Emini out of past familiarity, and I do trade some here and there.

Anyway, that's me.
Tempo

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  #1427 (permalink)
Paris, France
 
 
Posts: 1 since Sep 2010
Thanks: 0 given, 0 received

hi,

Your site is really great and I find good advice...

jean-philippe

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  #1428 (permalink)
Battle Ground, WA
 
Experience: Master
Platform: Multicharts DT & MBT Desktop Pro
Broker: MB Trading
Trading: GBP/USD, EUR/GBP, EUR/USD, GBP/CHF, GBP/JPY
 
Posts: 75 since Feb 2011
Thanks: 10 given, 35 received

Well, somewhere around 4 years ago, I decided that financial independence was something to be attained. So I looked into stocks and decided that that was not for me and eventually found Forex. I was excited. I found my new job! Just a couple pips a day and I'd be able to support myself. Fast forward four years of intense study, chart time, fantastic profit, even more fantastic loss and mental clusterf*** and I've managed to get to the point that I can call myself a profitable trader. Not yet supporting myself with trading, but on the way there.

I trade GU, EU, EG, GC, GY, EY, UC and UJ on 5/15/60/240 charts. Mostly naked except trendlines, pivots and the occasional fibo. Volume profile too, but I don't consider that an indi. I trade only London/US Sessions generally from 10pm to 4am PST & 10am-2pm PST. Stay the hell out of the asian bs unless I see a really good setup.

Risk Management is my NUMBER ONE priority. I was completely unable to be a profitable trader until I started taking losses EARLY! Never risk more than 2% on a trade(usually cut them way before then) and generally average .5 to 1.5% per session. Not very good R:R some would say, but I understand price action well and don't have a majority of losers.

Another vital component of my success has been weekly profit withdrawals from my account. I reconcile at the end of every week. If there is profit, I withdraw 35% of it to my bank account. I'm building equity, but also taking money completely out of the market. Eventually my capitalization will be large enough that I can live on that 35%. It makes trading very real when you have to consider whether you will get to withdraw at the end of the week. you should not use the need to make money as an impetus, or you will make bad decisions, but for me it helps me to focus on trading well. Being able to make that check request at the end of the week and then depositing that sucker when it shows up has made a huge difference in my trading...

I found this forum looking for a NinjaTrader pivot indicator, looks like a nice place.

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  #1429 (permalink)
Woodstock, Georgia
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 1 received

Hi Mike-good to be here. You have one of the better trader forums on the net and I look forward to getting involved. My background is stock trading and trading education in the stock arena but I am moving forward with adapting my trading style to the futures markets after years of resisting the urge to "go to the dark side" .

I look forward to getting involved here and meeting with some other traders (I currently live in the Atlanta, GA area). I hope to be a strong contributor in the future as I wade through the morass of learning material and I am big into research especially what conditions create a fertile breeding ground for explosive breakouts and I hope to team up with some other traders on that.

Right now I mainly trade emini's but will be branching out more and more as I get a stronger base in the idiosyncracies of these "slippery little suckers"!

Paul

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  #1430 (permalink)
ShangHai
 
 
Posts: 2 since Jan 2011
Thanks: 1 given, 0 received

hi, everyone~
sorry that my english is not very good...
I'm a future strategy researcher from China, it is likely that our technique is far behind yours, so I want to learn something from you guys.^_^

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  #1431 (permalink)
San Diego, CA, United States
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Stocks
 
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Posts: 3 since Dec 2010
Thanks: 0 given, 0 received

My first post….
I have been an amateur active "investor" since I was in college. I have studied business and finance and read most of the Warren Buffet, Value (fundamental) books that have been written in the last 20 years. Unfortunately, I also listened to the advise… “You can’t time the market”, “Even the brilliant Money Managers can’t beat the Market”.. So Buy and Hold index funds….blah blah blah…..
After sitting on my hands during two giant bear markets (dot com burst to 2008 real estate bust) and watching my portfolio bit the dust, I am done with that advice and want to learn to trade my way to more profitable returns.
We all knew we were in a bear market in 2000 and 2008, so why did we “hang tight and ride it out” when you could have turned sold short all the way down? You folks already know all of this, but I just realized it and now I am really excited about active trading.
My current status:
• Trading for about 6 months
• Studying like crazy to learn more technical investment concepts
• Running NinjaTrader and programming my own system
• Using 3rd Party Signals for trading until my systems are ready
• Leveraging my understanding of fundamental investing to provide higher probability for my technical trades
• Reading Charts for hours each day
• Using non-discretionary signals to enter and exit my trades
• Actively trading 5-15 positions at a time
I am an engineer with 20 years of experience in software which I hope will help me to be successful developing and implementing successful trading systems.
In short, I am really excited about trading and have tons of questions for you guys and gals!

Cracken

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  #1432 (permalink)
San Diego, CA, United States
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Stocks
 
cracken's Avatar
 
Posts: 3 since Dec 2010
Thanks: 0 given, 0 received

Mike et al,
Where can I post some backtest results for feedback?

Thanks,
Cracken

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  #1433 (permalink)
richhill
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

was playing with shares and then fx up until november when i went live with real money and so far have protected my a/c but not grown it. just move daway from a spread betting platform to solas pro in ireland for DMA, AND VERY TIGHT SPREADS.they trade a lot on euro stoxx and i am trying to find a metatrader4 demo a/c for unlimited time to see the euro stoxx charts.can anyone help me find such an a/c please?

have really only traded currencies and most of the time eur$. want to do this for a living and have joined an trading for income programme but i dont want to pay for ninja charts and live feed just yet.if i could get eurostoxx charts on meta4 that would do me.

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  #1434 (permalink)
Shavertown Pa
 
Experience: Intermediate
Platform: NInja Trader
Trading: EUR
 
Posts: 4 since Nov 2010
Thanks: 1 given, 0 received

Hey it's my first post, got tired of looking at the banner that I've been a member 83 day's. I've been trading forex for about 2 yrs and it wasn't till I started using Ninja that I stumbled upon this community and Big Mike. Awesome job guy's and awesome group of talented people. Hats off.

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  #1435 (permalink)
Prescott Valley, AZ
 
Experience: Beginner
Platform: TOS
Trading: YM, ES
 
Posts: 1 since Jan 2011
Thanks: 7 given, 0 received

Hi everybody,

Beginner here. Just stumbled onto the site a few weeks back. Just gotta say you guys got something really good going here.

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  #1436 (permalink)
United States
 
 
Posts: 2 since Jan 2011
Thanks: 0 given, 0 received

Thanks for this great sight Big Dawg .... sorry I couldn't make the webinar .....I didn't get the email in time. any chance for me to see a replay?
Vinny "Like Your cousin Vinny"

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  #1437 (permalink)
shanghai, china
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

Thanks for setting up this site Mike. I'm an Italian American living and working in Shanghai for many years...enjoy trading, would love to get so good at it that I start making consistent profits and hope to learn and contribute more here. I have clients and readers who follow my commentary with the China-centric point of view I offer from my perch here in Shanghai....

Cheers,

Mario Cavolo, my business blog site is the same name with articles, etc...no junk/spam there

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  #1438 (permalink)
jakarta
 
Experience: Advanced
Platform: metatrader
Trading: currency
 
Posts: 1 since Feb 2011
Thanks: 0 given, 1 received

Helloo Traders,

my name is khan i have 5 years experience in forex market, and last year i just made 150% growth of my account. I really want to share my knowledge to others. Happy Trading all

Khan

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  #1439 (permalink)
Amarillo, TX
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
 
Posts: 1 since Feb 2011
Thanks: 34 given, 0 received

Can't really remember how I found this site but I am sure it had something to do with indicator this-or-that and Google. I have been very impressed with the threads I have gone through and this looks like a very active forum with great contributions. Most other forums I have looked at had new posts maybe once a week and those were rairly useful - not the case here. Hats off to Mike for putting together a great collaborative site!! I look forward to continuing my education here and offering contributions myself.

Greg

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  #1440 (permalink)
Spain
 
Experience: Beginner
Platform: TOS
Trading: ES
 
Posts: 1 since Feb 2011
Thanks: 18 given, 0 received

Hi everybody,

Also a Beginner here. I am sorry that my English is not very good... Found the site a few days back. Great expectations so far. I hope I can give back as much as I expect to learn...

JL

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  #1441 (permalink)
Czech Republic
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninja/ Continuum
Trading: Anything that move
 
Lejcus's Avatar
 
Posts: 43 since Apr 2010
Thanks: 216 given, 64 received

Hi
I'm new to this forum. I started learning about markets 4-5 years ago but managed to fund my account on 2008 and did not blown it yet I'm slowly going into live trading(last 6 months) and realizing what it is all about. It is all about me.
I think trading can help you look into the mirror and see things which you never wanted to see or never be able to see.
Only if you accept that image of yourselves you can make living by trading and maybe change your image in that mirror.
Its amazing.
Tomas

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  #1442 (permalink)
Philippines
 
 
Posts: 2 since Jan 2011
Thanks: 2 given, 0 received

Hello everyone,
After looking around this site, I can see there is much knowledge to be gained. I look forward to participating here and hope to be able to contribute someday.
I've been actively learning to trade forex for about one year now. Still can't call myself a trader as of yet, but would like to be able to do so by the end of 2011.
Peace
Jim68

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  #1443 (permalink)
Surrey BC Canada
 
Experience: Beginner
Platform: NinjaTrader
Trading: Currency Futures
 
Posts: 1 since Feb 2011
Thanks: 9 given, 0 received

For many years I have been a conservative investor focusing in long-term EFTs.

I am taking the FuturesFX (futuresfx.ca) course which involves lots of study materials (eBooks, slides and videos) and attending the live trading room (LTR) weekdays from 5 am to 9 am PST to watch the instructor trade live in the futures market (usually the Euro-USD and occasionally Crude and the Russell) while he describes and explains what he is doing or has done. I hope to complete the materials next week, after which I will open a SIMulation account for a few weeks to gain confidence before trading real money.

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  #1444 (permalink)
United States
 
 
Posts: 2 since Jan 2011
Thanks: 0 given, 0 received

hi
i'm new to this sight I'm an option trader.

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  #1445 (permalink)
Butte, MT
 
Experience: Intermediate
Platform: Multicharts
Trading: ES, oil, gold
 
dpb67's Avatar
 
Posts: 1 since Feb 2011
Thanks: 4 given, 0 received

Hello everyone.

I've been a position trader for about two years and am currently trying to transition into day trading. I was poking around on the internet when I came across this site and it looked as if it had some good information, so here I am.

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  #1446 (permalink)
INDIA
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

Hello Friends ...

Myself Sumit Lama from India ... nice to be here ...

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  #1447 (permalink)
Germany
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
 
Posts: 9 since Feb 2011
Thanks: 34 given, 2 received

Hello everyone!

I have found this forum while looking for NinjaTrader scripting examples and the amount of info in here made me want to inmediately join. Myself, I am starting with NT but have been trading for several years - not enough to show a profit, though.

I hope I can contribute as much as I will be learning...

Fernando

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  #1448 (permalink)
California
 
 
Posts: 40 since Dec 2010
Thanks: 14 given, 3 received

Hi there ...... first post here

I am a newbie by almost any stretch of the imagination. I am interested in completely automated trading, but even more interested in semi-automated trading.

I have a few pet indicators that I like to use for trade set ups, but these are pretty simple. I have read a few trading books and articles, including Van Tharp's, and I have decided I want to use the computer rather than to get me in to trades automatically, to alert me when it 'sees' a pattern that looks like it will be a good set up, then I want to enter the trade manually, and then use the automated trading function to get me out of the trade, both protective stops to limit losses and reversal stops to protect profits.

My chosen approach will be trend following.

There are some really smart people on this forum, and I am hoping that some of you will be able to give me a hand. Especially as I am possibly the world's worst programmer !!

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  #1449 (permalink)
Los Angeles, California, United States of America
 
 
Posts: 1 since Oct 2010
Thanks: 1 given, 0 received

Hi every one I'm new here hope every one having fun here. wondering if I can get some suggestion for Ninja?

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  #1450 (permalink)
Honolulu, HI
 
Experience: Intermediate
Platform: Ninjatrader & MT4
Trading: Forex
 
Supriya's Avatar
 
Posts: 1 since Feb 2011
Thanks: 1 given, 1 received

Hi! Everyone,

I feel privileged to be a member of the BigMike's community. I have been following and reading this forum for couple of weeks now and was impressed with it so I chose to be an elite member. I appreciate all the hard work to maintain it. Moreover, your community has many genius contributors. I strongly believe I shall be learning a lot from all the experienced GURUs.
I am a Medical Doctor by profession and started trading Forex in my free time 3 years ago just for fun. Learnt it the hard way but have been enjoying it and heading towards a right path of financial freedom.
Looking forward to a pleasant journey.

Regards & Good Luck to everyone!

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  #1451 (permalink)
Berlin /Germany
 
Experience: Intermediate
Platform: Ninja Trader / eSignal
Broker: IB
Trading: Futures / Currencies
 
Posts: 6 since Jan 2011
Thanks: 2 given, 8 received

Hello Mike and everyone !
I am a member of the community since one month and almost every day I am reading
in the forum and finding interesting ideas. I would like to thank Mike and all the creatve members doing such a great work.
I have been trading for 10 years and still studying the markets.

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  #1452 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,745 since Jun 2009
Thanks: 32,292 given, 97,490 received



Welcome to all new members! Glad to have you here, and look forward to your posts!

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
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  #1453 (permalink)
stockholm
 
 
Posts: 1 since Dec 2009
Thanks: 0 given, 0 received

Hi everyone
My names is Carl i'm living in Sweden.
I'm a beginner to daytrading but have 5 years experience from swingtrading. I have been evaluating my trading strategy for about 6 months now, on trading live with a very small account, and working hard with my trading discipline.
Daytime i work parttime as an electrician and use the rest of the time to studie hard to learn more on trading, mostly S&P500.
I'm thinking of maybe participating in the trading contest BM is planning for mars to practice in documenting my trades in a trading journal. The problem is that i have to earn a living and therfore don't have time to trade every single day... But i need the experiance. And will probably learn a lot.
Thanks for inviting me BM.
Regards,
Carl

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  #1454 (permalink)
san jose ca usa
 
Experience: Intermediate
Platform: tradestation
Trading: ES
 
Posts: 3 since Aug 2010
Thanks: 2 given, 0 received

Hi Everyone:

I am from california.
I began trading stocks, options many years ago.
Now I am trading eminis.
Wish everyone success in trading.

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  #1455 (permalink)
Greece
 
 
Posts: 68 since Feb 2011
Thanks: 8 given, 26 received

Hi everyone. I am messing with trading since October 2008. Things now finally are just starting to make some sense but I still have much to learn ahead. I wish good profits to everyone.

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  #1456 (permalink)
Fort Worth, Texas USA
 
 
Posts: 1 since Sep 2010
Thanks: 0 given, 0 received

Hi! Not new to trading...but new to actively participating in the room. I am semi-retired...hoping to become full-time retired. I LOVE trading and treat it like a job, but do not consider it work. I am hoping not to have to go back to work and drive from Fort Worth to Dallas on a regular basis again.

I have been trading the equity markets, with some success. But I am not consistent enough, especially during these slow times. Is it time to consider other markets and methodologies? I am open to suggestions and what works for you outside the equity markets.

Thanks!

Steve

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  #1457 (permalink)
psl,fl
 
Experience: Intermediate
Platform: ninja 6.5
Trading: CL
 
Posts: 1 since Jun 2010
Thanks: 0 given, 0 received

I have been actively trading for over 8 yrs. Must say without consistant success. I tend to create a strategy that works well and get overly aggressive and fail miserably...Id say im fine tuning my trading and realize that this is more of a growth process on how to deal with wanting success. Living by a trading code of discipline is what i want to create. Peace and Prosperity...Jimmaya

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  #1458 (permalink)
Alesia E.U.
 
Experience: Intermediate
Platform: Sierra chart
Trading: Futures
 
Posts: 168 since Feb 2011
Thanks: 146 given, 112 received

Hello Folks

Hi everyone

happy to become a member of BM ,I see a lot of useful resources here , I hope being help to the forum.

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  #1459 (permalink)
Lake Havasu City, AZ
 
Experience: Intermediate
Platform: NinjaTrader
Trading: euro
 
Posts: 2 since Feb 2011
Thanks: 5 given, 1 received

Greetings to all,

Just getting back in after a brief stint about 10 years ago. Mike has obviously established a great
resource for all who love trading. I have much to learn and to hopefully contribute. Lookin forward.....

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  #1460 (permalink)
Aurora, canada
 
Experience: Beginner
Platform: Ninja
Trading: Futures
 
Posts: 19 since Feb 2011
Thanks: 5 given, 14 received

thank you so much for accepting me as part of this great community, i'm still learning to trade since 2006.....went through tons of softwares and programs however the psychology is the most obstacle for me, trying to get over it...

looking forward to learn a lot and share what i have with you....

hope i can be helpful some what....

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  #1461 (permalink)
la mirada
 
Experience: Intermediate
Platform: NijaTrader
Broker: Amp/CQG
Trading: Oil, Es
 
Posts: 8 since Feb 2011
Thanks: 1 given, 11 received

Hi Mike and all traders,

I just started trading a few weeks ago, and through searching google I found this site. I am a total noob, and am hungry to learn as much as possible here, so I can eventually start contributing and helping others.



Respectfully,

elmatador1973

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  #1462 (permalink)
Rogue Valley Oregon
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL 6E ES
 
Gordon's Avatar
 
Posts: 9 since Dec 2010
Thanks: 86 given, 2 received

Hello everyone my name is Gordon, as I stand here it feels a bit like introducing myself at a AA meeting but here I am. I am an intermediate level trader struggling to find my way. Yes I blew out a couple accounts and after wondering around I found myself here. There was a download that was only available here as an Elite member so I joined the forum and with no regrets. It seems to be a great place and look forward to a new place to hang out.

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  #1463 (permalink)
Iowa City
 
 
Posts: 2 since Feb 2011
Thanks: 0 given, 0 received

Hi, everyone!

Thought I would get my feet wet on this forum by making my first post here. I am very excited to learn from everyone and to get back into some active trading.

I actually had some success in futures before during the late 90's with Ken Roberts system - lol! Anybody remember him? I made around $12,000 starting with $2000 in a little under a year. Then I blew all my gains on a girl and never got back into the market again, haha! (In case you're wondering, that relationship did not work out and totally not worth it.)

I figured that if I did it once I should be able to do it again. However, I feel like the markets today are a whole new breed of animal compared to when I last traded. It is even a little intimidating and I feel fortunate to have found this forum.

I hope I can can not only learn and trade successfully, but that I can pass on my own gained wisdom to future members someday.

Thanks,
Chris

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  #1464 (permalink)
New York City, NY
 
 
Posts: 4 since Feb 2011
Thanks: 3 given, 1 received

This is my first time joining a trading forum. I feel like I am standing up at an AA meeting and finally admitting that I am a trader. I can probably count the number of times I've said that out loud on my hand, and very softly at that. Not that there is anything wrong with being a trader -- it's more like I finally realized what I want to be when I grow up and I'm afraid to say it too loudly until I am already THERE. Of course, you only get there by putting one foot in front of the other so this is my attempt at taking another step in the right direction.

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  #1465 (permalink)
Seattle Washington
 
Experience: Intermediate
Platform: TradeStation
Trading: ES
 
Posts: 52 since Jan 2011
Thanks: 52 given, 35 received

Mike:

Your note encouraging me to participate got me thinking - of course, why not?

I first started trading cocoa in my mid-early 20's (almost 37 years ago) using WSJ. Then life moved on and I got involved in marriage, career, etc. Picked it up again about 13 years ago and the sentence of your welcome post says it all - up and down. I have experienced the phenomenon of "letting your losses run and cutting your profits short". I think Brett Steenbarger calls it "trading trauma".

I have also been fascinated by technical analysis so much that I also kept reinventing the wheel every time it worked - making it better, trying to catch very twist and turn, up and down.

Actually feels good to admit all this as I am turning all that around slowly and intentionally.

So thank you for the space to put this down in writing.

And I will apply those ideas you have written in your welcome post.

I look forward to adding more input.

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  #1466 (permalink)
Memphis,TN
 
 
Posts: 3 since Jan 2011
Thanks: 0 given, 0 received

Thanks for providing the forum. I am not a trader, but am helping a trader program an indicator and strategy within Ninja. It has been pretty frustrating, but I have gotten most help from these forums. I look forward to sharing what I learn.

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  #1467 (permalink)
Chicago, IL
 
 
Posts: 35 since Feb 2011
Thanks: 19 given, 35 received

Former local from the grain pits in Chicago - moving to screens (unfortunately). Primarily deal in futures and options with an emphasis on risk management.

Great forum here Mike - looks like you really got something going.

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  #1468 (permalink)
katy texas
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP Futures/CQG
Trading: CL, 6E, GC
 
Posts: 5 since Feb 2011
Thanks: 5 given, 0 received

Hi Everyone,
this is my 1st time joining a forum for traders.
Looks pretty cool for sharing ideas.
I hope to make some friends and learn alot from other traders.
I also hope to be able to contribute somewhat, however my trading knowledge is not great.
Thank you Big Mike for providing this forum!!!!

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  #1469 (permalink)
round lake, mn
 
Experience: Advanced
Platform: ninjatrader
Trading: gold
 
Posts: 1 since Jan 2011
Thanks: 3 given, 0 received

this works very well,can anyabody code this so it will work on ninjna 7,thanks bill mcnerney ,bm33@live.com-702 722 9627.

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  #1470 (permalink)
Memphis, TN
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 1 received

Mike,
Like you I started a couple of years ago, but took a different route. Being an engineer I went the technical analysis route. I wasn't having bad results, just the results weren't what I wanted. I was using spreadsheets to do the analysis and using the usual suspects, MACD, parabolic SAR. etc.. At the same time I was creating a personal family page. I decided about a year ago to combine the two and improve my trading. I am still working on my website; but my trading results have improved. I use the website to actually view the reliability of the indicators instead of guessing which one to use for each stock. This is not a advertisement for my own website, and I'm not going to even list the name. I was looking for some information on demand index and found your website. This is the first forum I've signed up for, I like the format so far. Thanks for all the hard work.

rebelnme

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  #1471 (permalink)
beaverton Oregon
 
Experience: Beginner
Platform: multiCharts
Trading: stock
 
Posts: 1 since Feb 2011
Thanks: 241 given, 0 received


mastername View Post
Helloo Traders,

my name is khan i have 5 years experience in forex market, and last year i just made 150% growth of my account. I really want to share my knowledge to others. Happy Trading all

Khan

Hi Khan, I am new in this forum. I hope to have friends who could help me. I had a short experience of stocks market through eTrade around 6 years ago. At that time I was not educated well and became a loser. Now I am planning on learning and fighting back against what I made mistakes before. Recentely, I contacted Forex (Foredu - fxcm) and S&P 500 future(Trading Advantage - Larry Levin). Would you please advise me how I need to approach on these tradings. If you could please give me some advises. I know it is too broad but I could not spell out more detail than a single line. Just hope to have some steps that I need to learn.

John from Oregon USA

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  #1472 (permalink)
airdrie
 
 
Posts: 1 since Jul 2010
Thanks: 0 given, 0 received

Hello everyone,

I am new to this forum and programing indicator on ninja. And would like help in programing idea on ninja. Thank you for your time.

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  #1473 (permalink)
Taiwan
 
Experience: Intermediate
Platform: MultiCharts
Trading: EUR/USD
 
Posts: 3 since Feb 2011
Thanks: 0 given, 1 received

it's such a lovely place to discuss about trading ... and focus on it !

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  #1474 (permalink)
vineland New Jersey
 
Experience: Intermediate
Platform: Thinkorswim
Broker: Thinkorswim
Trading: ES, YM, stocks, options
 
Posts: 2 since Feb 2011
Thanks: 6 given, 0 received

Hi Mike and everyone.

I have been active in the stock market since 1980. I am just starting in the futures market. I like the ES and YM at this point. Thinkorswim is my current platform. This is a very good forum and I think that I will benefit from others experience,
I hope that I can contribute as I learn. Thank You for this forum.

Ray

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  #1475 (permalink)
CPH
 
 
Posts: 5 since Feb 2011
Thanks: 3 given, 0 received

Hi all. I'm a data-miner novice and hope this site can be of some help :-)

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  #1476 (permalink)
Houston
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

Hi there,

I have been trading forex and options for the last 2 years. Looking forward to learning more about futures and also learning more about trading in general.


Thanks,

CM1352

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  #1477 (permalink)
Philippines
 
 
Posts: 27 since Mar 2011
Thanks: 10 given, 8 received

I am a new trader and i want to know how to be a good trader.
i want to know what would be the best trading that is in demand right now.
I know that it is hard to be trader and i know that i can get a loss at my first try but also I am expecting to have gains.
I joined this forum because i know and i believe that it will help me gain knowledge and learning or maybe tactics.
i hope to find friendly members here.

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  #1478 (permalink)
Melbourne, Australia
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp/CQG (futures) and FXCM (forex)
Trading: FDAX
 
frannt's Avatar
 
Posts: 1,020 since Feb 2011
Thanks: 69 given, 126 received

Hi All,

I've just joined because a few recent searches I did pointed to this forum and it looks like a very informative one. Below is a summary of my trading career if anyone is interested read on, but be warned it's a bit long and boring and I am more of a loser than a success story! But hopefully you can learn from my mistakes.

I started around 9 years ago, trading stocks with a $5000 US trading account. My first trade went well and I made $200. Being a new trader my thought was that if I had bet bigger I would have won more money. Next trade I doubled up and shorted an internet stock. Trade went bad and I lost about 20% of my account. I didn't realise that I entered a position (I think on Netscape) just ahead of its earnings report release. Anyway, I then was determined to recover my losses to prove to my wife how good I was and in a matter of a few months I blew my account.

I went through the trading, always trying to improve. I tried to buy a few systems and stumbled across one service which seemed to be based on a buy 20 day high breakout with 10 day low trailing stop, scanning for stocks. I actually traded a $2000 account to $7000 and then blew it all. I think the internet boom was happening around this time.

I then moved from shares to futures, attracted by the leverage, and better liquidity. Didn't have much luck and always had this fear that the internet would go down whilst I was in a position and I would lose my house (or at least that small portion that wasn't owned by my bank). I also managed to get some slippage trading some futures like cotton.

Perhaps thinking I could eliminate risk I then picked up a book on options, and being an engineer with good mathematical skills I was attracted to a thing called delta-neutral trading - the maths of it was pretty basic although it (I mean the Black Scholes option model) did rely on some flawed assumptions (hence the global financial crisis) about Gaussian distributions. I tried it for a few months but realised that the thing that was getting in the way here was the bid ask spread as well as the slippage.

Each time I had one of these ventures I would take a $2000-$5000 account and trade it to zero.

Being in Australia I was finding it hard to stay up during the regular market hours and then got interested in forex. I started trading the eur/usd, with a $2000 account (with $10/pip). Pretty soon I blew the account. It always seemed to be in a slow and steady decrease where I broke ven on trades but whittled away at the account balance due to commissions/slippage. Then I put in a another $2000 and tried a thing called B100 from a forum. It involved trading a breakout on gbp/usd, and there was a period of time where it worked nicely and I turned a $2000 account into $12000 and then blew it all (pattern seems to be repeating itself).

I then discovered news trading where you would bracket a currency a minute or so before the scheduled news. It turned out that by the time I discovered this loophole the brokers had already plugged it - although I do believe it was working quite well about 3-4 years before I stumbled across it.

I went on to buy lots of trading systems ranging in price from $40 (yes I know I am cheap) to $500. The $500 one was a system where the guy published spectacular results on his website, giving you a precise entry but leaving the exit unspecified, and then at the end of the week he would say, ah this is the point where you should have exited. I was pretty naive at that time.

I then went through a phase where I thought I should use people more experienced than me to guide me. So I joined some chat rooms, where you could pay $200 per month to follow a guys live trading. The guy seemed to make a lot of money but I could not duplicate his results. He was either really good with an uncanny instinct to sometimes use a hard stop and sometimes not use it, or he might even have been a cheater - I'll probably never know although I really believed he was in the former category.

I did develop a certain expertise in trading the GY (GBP/JPY) and there was a period there where I was ready to challenge anyone to beat me at picking the tops and bottoms of this, and made some real calls of my own in one forex trading chat room. But my greed and money management inadequacies soon lead to my failing. For example once I had 200 pips on a daily trade and then I held out going for 500 but it came back and stopped me out and I lost 60 pips.

However from the trading room I did see the importance of having a good brokerage for the purposes of scalping and I ended up having some 10 different accounts. The best I could ever seem to do was to break even but most of the time I blew my accounts, always in a slow and steady decay. I also like forex because of the leverage and especially because of the micro lots which allowed me to do position sizing more precisely. I realised by this time that trading at $10/pip on a $2000 account was a formula for disaster, so I went right down to 10c/pip, but still managed to blow a few accounts.

I then came across another system which I bought for forex for $2000 and it didn't work for me. I couldn't work out why. The guy who sold it then offered some coaching. I took the coaching option which was about $7000 USD. There I learnt from experienced traders that even though you had the system you still had to cherry pick the trades. Despite the coaches best efforts I still could not manage to develop the art of working out which trades to take and which to pass on. And I was left wondering should I have even bought the system in the first place because if I knew when to hold and when to fold I could probably make any system work.

I had also gone through the phase of reading books by psychology type coaches. I guess what I learned here is that it is a lot about your behaviour in terms of greed and fear rather than psychological disorders that one might think one has.

I had also thought that if I had more money, or if I used more computers to autotrade, or if I teamed up with a network of like-minded traders around the globe then I would have been more successful but I now don't think that is the problem.

I seemed to always gravitate toward shorter and shorter time scales for trading and in the process I eventually realised that I could get better fills, lower slippage on futures such as ES, YM than on forex and this is where I am at right now.

In rediscovering futures I then started my search for the best scalp trading system and bought several ranging from $1000 to $5000. None of them seemed to work for me however I sometimes did pick out a few tiny but interesting things from each of these and they have at least stuck in my head. Since rediscovering futures I have set up a $10000 USD account and blown it 3 times. I did at least discover the importance of sim trading, and I now take sim trades as seriously as real ones. One night I lost 10% of my account sim trading and I was so angry with myself that I couldn't sleep. It wasn't real money but I did make some mistakes.

On speaking with my accountant for my tax return he advised me that my trading wasn't going anywhere and I should stop. But for some reason I never do. I started my attraction to trading in my late thirties after reading a book by Jesse Livermore, "reminiscences of a stock trader". Before that I had no idea that I would have liked trading (and thought the whole thing was a kind of unpleasant form of gambling) but the book made me feel like I was actually born to trade. I also read one other motivating book by Larry Williams about how he made a million.

My personality is a bit weird because I learn things in a funny way. For example if I had to guess which direction to head (North, East, South, or West) I would try all four and eliminate them one by one until I had arrived at the right one and I was sure of it. Just guessing that it should be West would not work for me even if it was right. So with trading I think I have managed to cover nearly all of the mistakes so that I now know what I want and a bit about what not to do.

What I have concluded is:
ultimately I do not want to rely on any chat room
I do not want to rely on any indicator that is hidden from me
I should use some sort of system which is part mechanical and part discretionary
for psychology it's a lot about being disciplined although there's probably a lot more there that we can do to harness the power of our subconscious to not get in our way sometimes.

Right now I am trying to cook up my own simple system, by bringing together everything I have learned over the past 9 or so years. My personality is such that I think the only way I will succeed is if I develop my own system. 5 months ago I blew my account again and I have been researching and sim trading and trying to forget everything and learn anew. I may go live again in about 1 month. All I know is that I won't make any of the mistakes that I have made in the past and that I have such a huge repertoire of mistakes that I have hopefully exhausted a good portion of them.

Will keep you updated. Bye for now.

"frannt"

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  #1479 (permalink)
California
 
Experience: Beginner
Platform: MT4
Trading: Forex
 
Posts: 85 since Feb 2011
Thanks: 49 given, 153 received

I'm a beginning Forex trader with some training and a trading plan. I have a trading partner, my husband is AR01.

I will be starting a journal in the elite section.

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  #1480 (permalink)
Philippines
 
 
Posts: 27 since Mar 2011
Thanks: 10 given, 8 received

again, i am a new trader and i want to learn how to be a good trader. I know that before to be a trader you should have a background of it, but i believe that even though you have background with it, i still have to communicate with my other co-traders to learn things that are necessary for trading purposes. As a new member, i am very much excited in this forum. i want to have friends, and the one who can give me advices and simple strategies that could help me.

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  #1481 (permalink)
sacramento, ca
 
 
Posts: 2 since Mar 2011
Thanks: 0 given, 0 received

I stumbled across this site, but glad I discovered a gem! I am glad to join a truly helpful board.

Edit : I am a beginner in trading

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  #1482 (permalink)
Simi Valley, CA
 
 
Posts: 7 since Feb 2011
Thanks: 2 given, 1 received

Hi Everyone,

I'm new to trading and I joined this forum to find out as much as possible about the Emini S&P 500 and to find out where I can learn more about futures. Any help would be greatly appreciated!

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  #1483 (permalink)
Oakland
 
 
Posts: 5 since Mar 2011
Thanks: 3 given, 1 received

Hi Everyone,

Not much to say about me... been trading on forex mainly for over 2 years now.

I am now starting to trade on Futures so I am here to seek advice ...

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  #1484 (permalink)
Bristol
 
 
Posts: 1 since Mar 2011
Thanks: 0 given, 0 received

I am new to Big Mike's TF, as well as to any forum. I recognize the value to get onboard with others who are also active traders or on there way. I know it will help me learn my trade and meet my goals by learning from others who are also on the journey.
Retired a few years ago at 50 and now want work on my own terms, take my investment experience and evolve it into a trading experience. I will initially begin with discretionary swing trading perhaps evolving to automated trading, if not day-trading.
To avoid some of the harsh lessons, I've opted to create a foundation via some online trading education, specifically in Technical Analysis, and I have learned how much I have yet to learn.
Starting-up I looked at NinjaTrader, but thought it a steep learning curve, but thought MultiCharts might be better for me. Changed broker to OptionsXpress, but this may change again to IB or MBT. Trying to assess what data-feed provider I want; currently testing IQFeed. However, just two days into the adventure on MCharts, I have alot to learn. Yet to fully develop a money management plan, trading goals & strategy, an up & running platform, etc are all ppart of the prep before getting in, including paper-trading for 60-90days. Meanwhile, I hope the experience of the many on this forum will prove beneficial to me, and in time, I hope to be able to give back to others.
For now, I will ask many questions, solicit your patience in the process, learn all I can take-in and look forward to the experience. And I'll keep praying. . . That's my intro, regards to all,

gemcoqui

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  #1485 (permalink)
Northern Germany
 
Experience: Intermediate
Platform: NT
Trading: FDAX, CL
 
vvhg's Avatar
 
Posts: 1,583 since Mar 2011
Thanks: 1,016 given, 2,816 received

Hello,

I'm new here and simply have to say thanks for this great forum.
During the past 12 months or so I have been looking into trading and spent thousands of hours learning, reading, watching charts and thinking about these points. I have not yet traded live and as I am a rather careful person it will likely take some more time before I start doing so. In the past this has certainly saved me a lot of money.

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  #1486 (permalink)
Peterborough, ON
 
Experience: Intermediate
Platform: NinjaTrader
Trading: futures
 
gibips's Avatar
 
Posts: 16 since Dec 2010
Thanks: 13 given, 5 received


gemcoqui View Post
I am new to Big Mike's TF, as well as to any forum. I recognize the value to get onboard with others who are also active traders or on there way. I know it will help me learn my trade and meet my goals by learning from others who are also on the journey.
Retired a few years ago at 50 and now want work on my own terms, take my investment experience and evolve it into a trading experience. I will initially begin with discretionary swing trading perhaps evolving to automated trading, if not day-trading.
To avoid some of the harsh lessons, I've opted to create a foundation via some online trading education, specifically in Technical Analysis, and I have learned how much I have yet to learn.
Starting-up I looked at NinjaTrader, but thought it a steep learning curve, but thought MultiCharts might be better for me. Changed broker to OptionsXpress, but this may change again to IB or MBT. Trying to assess what data-feed provider I want; currently testing IQFeed. However, just two days into the adventure on MCharts, I have alot to learn. Yet to fully develop a money management plan, trading goals & strategy, an up & running platform, etc are all ppart of the prep before getting in, including paper-trading for 60-90days. Meanwhile, I hope the experience of the many on this forum will prove beneficial to me, and in time, I hope to be able to give back to others.
For now, I will ask many questions, solicit your patience in the process, learn all I can take-in and look forward to the experience. And I'll keep praying. . . That's my intro, regards to all,

gemcoqui

Hey gemcoqui,

I am fairly new to day trading as well (two years), but I jumped on board with ninjatrader. I think you will find it quite easy to learn if you spend some time with it. It is very versatile and customizable. There are hundreds of free third party indicators to add to your technical analysis. And you can download a trading version of ninjatrader, free! With a simulator and ability to trade live. I think NT is the way to go

Good luck trading.

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  #1487 (permalink)
Los Angeles
 
 
Posts: 132 since Mar 2011
Thanks: 97 given, 110 received

I am not new to stocks, but new to forex. I almost never trade demo, always on live account. The only time I traded demo is when I waited for my funds to be deposited, I might place one trade a month on demo but with no real purpose for that.

Let's see if I blow up my acc

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  #1488 (permalink)
Boston
 
 
Posts: 8 since Oct 2010
Thanks: 2 given, 5 received


frannt View Post
Hi All,

I've just joined because a few recent searches I did pointed to this forum and it looks like a very informative one. Below is a summary of my trading career if anyone is interested read on, but be warned it's a bit long and boring and I am more of a loser than a success story! But hopefully you can learn from my mistakes.

"frannt"

Best intro ever!

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  #1489 (permalink)
126
Hong Kong
 
Experience: Advanced
Platform: NT7, IB TWS, MCDT
Broker: IB
Trading: HSI, CAC40, GC, CL, YM
 
simoon's Avatar
 
Posts: 1 since Jan 2011
Thanks: 4 given, 0 received


frannt View Post
Hi All,

What I have concluded is:
ultimately I do not want to rely on any chat room
I do not want to rely on any indicator that is hidden from me
I should use some sort of system which is part mechanical and part discretionary
for psychology it's a lot about being disciplined although there's probably a lot more there that we can do to harness the power of our subconscious to not get in our way sometimes.

Thanks for sharing.

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  #1490 (permalink)
Gurgaon,Haryana,India
 
Experience: Beginner
Platform: NinjaTrader
Trading: stock
 
bubaibhatta's Avatar
 
Posts: 7 since Jan 2011
Thanks: 6 given, 1 received

Hi, this is Subhasish from India. I am in the market for last seven years but mostly did swing trading. Now for last several month I got interest in Day Trading. I landed in this futures.io (formerly BMT) accidentally but fell in love immediately. I got so impressed that I became elite member straightway. I'm a small trader but with lot of hunger to learn the art of the business. I spend almost 3-4 after office hours everyday. Every passing day I'm feeling that why I didn't had all these information. I feel that some day I'll sure be in the business full time. More than earning money I love the invisible war of Intellectualism. This has become my passion. Looking forward for a interesting journey ahead here in futures.io (formerly BMT). May god bless u all........

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  #1491 (permalink)
Prague, Czech Republic
 
Experience: Beginner
Platform: NinjaTrader, MetaTrader
Trading: EUR/USD
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

Hi, I'm just another rookie trader... currently interested in volume-based trading (Market Profile, footprints etc.). I recommend everyone to checkout the webinars on this topic (Trading Webinar's - Big Mike Trading Forum)!

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  #1492 (permalink)
Washington DC
 
Experience: Beginner
Platform: NinjaTrader7
Trading: ES
 
Posts: 73 since Oct 2010
Thanks: 108 given, 84 received

So here it goes,

When I was about 2 years through college, about 2.5 years ago, I fell in love with learning about the market and decided I didn't want to end up in a job that I hated for most of my life, so I started learning as much as I could about the markets. I think I went through a lot of different stages of learning, looking at indicators (searching for the holy grail, price action, wanting to give up at points bc I was discouraged, etc.), it was necessary to get where I am today and will hopefully be down the road.

Anyways, I owe the greatest thanks to Big Mike and Sharky (and many others who have posted a lot of great information that I have drawn inspiration from). I know I still have a lot to learn and that will always be the case, but I can honestly say I have made the largest strides when I started reading all the threads I could on this forum, especially Sharky's.

Sharky's method never really clicked with me until about a few weeks ago when I was going over my charts and rereading a few threads and then all of a sudden things started to click and a lot started to fall into place and changed my trading from break-even or small loses to being profitable.

Some great threads that I have drawn a lot of ideas and inspiration from if someone new were looking for a place to get started:









That's pretty much all I have to say for now I guess, except a quote that I have read and reread to keep me going when I would get discouraged and was just utterly confused, so hopefully some of this rambling will help someone in some way out there:

"A man can get discouraged many times but he is not a failure until he begins to blame somebody else and stops trying"

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  #1493 (permalink)
Spain - Spain
 
 
Posts: 3 since Mar 2011
Thanks: 0 given, 2 received

Hi every one:

I'm profesional trader. I trade FESX using Market Profile, VWAP and DeltaVolume.

Now a day I use CTS (Cunningham Trading Systems). Don't let me post link... sorry!


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  #1494 (permalink)
usa
 
 
Posts: 1 since Mar 2011
Thanks: 0 given, 0 received

Hello all:

My sreen name is Muffin, I trade mostly options, mostly commodities, and I usually write them.

I am only able to trade part time so I check my positions in the AM and adjust if needed and go about my day. I'm looking to move to a more active status, but am not able currently.

I'm at a moderate level I believe and always looking to learn more.

If someone emails me and I don't get back to you immediately it's because I'm still working a regular job without internet access.

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  #1495 (permalink)
Hartford
 
 
Posts: 4 since Mar 2011
Thanks: 2 given, 0 received

Hi everyone,
I have been interested in and teaching myself about the stock market since 2003. I think I'm finally ready to get my feet wet and am looking to gain that extra bit of knowledge to get me over the edge and into the pool. I'm looking forward to learning from everyone.

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  #1496 (permalink)
Mumbai, India
 
 
Posts: 13 since Mar 2011

Hi all,

I am a full-time day-trader cum analyst with 4 years experience in CBOT, CME, ICE products. (All agri - corn, wheat, soybean, soymeal, soyoil, Kansas Wheat, etc., and Energy products like WTI, brent, Natural gas, etc)

I really like this forum, its a huge knowledge pool in one place for people who want to predict. I myself was thinking of creating a forum similar to this... Big Mike saved my money and time with this wonderful forum

I maintain my own website for news updates or general market calls: Welcome - One stop for Equity, Agriculture, Weather and Gold updates

All News >> you can check latest market news here (it is updated every 1 hour)

You can give me feedback on the site or ask me to include any new products also.

Regards,

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  #1497 (permalink)
woodstock, ga
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: Futures, TF, CL
 
jwhtrades's Avatar
 
Posts: 163 since Feb 2011
Thanks: 670 given, 90 received

Hello,

I've been on a quest for the past 6 months, educating myself online and reading books. I struggled with NinjaTrader learning curve but am now beginning to show progress. I wanted to thank all that post here with suggestions, journals and indicators/strategies for their support and help to all those beginning the trading journey. A big thank you to Big Mike for hosting this forum.

All the best and great trading,
Jwhtrades

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  #1498 (permalink)
Ocean Park, WA, USA
 
Experience: Intermediate
Platform: Amibroker
Broker: IB
Trading: ES, GC, SI, DX, ZB
 
Posts: 4 since Dec 2010
Thanks: 0 given, 2 received

Hi everyone. Name's Erik. I'm a position trader, trend follower; I mostly try to use the futures markets (and occasionally options) to catch moves in instruments that are tied to important macro trends: for example bonds, equity indexes, gold, oil and the dollar. I've traded for a number of years and have primarily used Bill Williams' trend following strategies.

I joined the forum because, after using Amibroker for charting and backtesting for a number of years, I've started to come across some limitations I can't work around and have been looking at Multicharts..and I found some of the most thoughtful analysis on the web here. Although I'm a discretionary trader, I can see that automating some aspects of my money management and exit strategies could be helpful.

There are obviously a lot of smart people on this forum and it's been an honor to lurk around and see what you all think about Multicharts and to take a look at your trading techniques. It does appear that many of you are day trading and attempting to find the "holy grail" of automated systems and that's not something I can contribute much to. However, I'll do what I can. Here's hoping 2011 is a good year for all of us!

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  #1499 (permalink)
Cancun, Mexico
 
Experience: Advanced
Trading: Stock Index Futures / CFDs
 
Anagami's Avatar
 
Posts: 865 since Dec 2010
Thanks: 603 given, 1,951 received

Whoops, somehow overlooked this thread.

Long Time Lurker, First Time Poster

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  #1500 (permalink)
edmond, oklahoma
 
 
Posts: 1 since Mar 2011
Thanks: 1 given, 0 received

great info. thanks for the effort putting this together. Dan

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