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Introduce yourself here!

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  #2101 (permalink)
Evlia
chicago, IL
 
 
Posts: 1 since Apr 2011
Thanks: 0 given, 1 received

I just wanteed to say hello, to everyone.....wish you all happy trading!!

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  #2102 (permalink)
huhpapa
Sg
 
 
Posts: 1 since Dec 2010
Thanks: 0 given, 1 received

Hi Mike and all futures.io (formerly BMT) members,
I am new to Trading and wish to lean and trade for a living

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  #2103 (permalink)
327trader
athens,greece
 
 
Posts: 55 since Sep 2011
Thanks: 5 given, 23 received

hi to all.i wish you big earnings and trade for a living

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  #2104 (permalink)
 elkesoi 
Madrid
 
Experience: Intermediate
Platform: Ninja
Trading: futures
 
Posts: 5 since Jan 2011
Thanks: 0 given, 1 received

Hello, I'm from Basque Country in Spain. I don't know much english but I'll try to do it good. My experience in trading is for 4 years, I work with mini s&p and spanish stocks. My results are bad, so I have to learn many things.

Good lucky for all !!!

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  #2105 (permalink)
hhezi
Ramat Gan Israel
 
 
Posts: 6 since Sep 2011
Thanks: 0 given, 2 received


guppy View Post
Hello,

Im a part time trader and full time in the rat race. I have a passion for trading and sharing ideas which can hoepfully get me out of the rat race 9 to 5 job and become a full time successful trader instead.

Im glad to join you guys and see what bigmiketrading is all about.

Thanks

Guppy


Would love to connect and exchange ideas.

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  #2106 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
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Posts: 512 since Aug 2011


elkesoi View Post
Hello, I'm from Basque Country in Spain. I don't know much english but I'll try to do it good. My experience in trading is for 4 years, I work with mini s&p and spanish stocks. My results are bad, so I have to learn many things.

Good lucky for all !!!

your trading results are bad? don't worry, 90+ % here are also very bad....!

but we all are learning how to trade better and with more profit....

if you are earnestly interested to become another profitable trader....
come back to visit big mike often.... ok?

welcome....

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  #2107 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
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Posts: 50,093 since Jun 2009
Thanks: 32,554 given, 98,581 received


nakachalet View Post
your trading results are bad? don't worry, 90+ % here are also very bad....!

Actually a survey of over 400 traders on futures.io (formerly BMT) suggests 62% are profitable. But again, this type of response doesn't belong in this thread.

I want to keep this thread just for introductions only and not for discussions.

Thanks for your understanding.

Mike

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  #2108 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
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Posts: 512 since Aug 2011

show details 8:13 PM (3 minutes ago)

hi mike

for your benefits, i tried to make the newcomers feel like they are not talking to an empty room and that they are welcomed warmly by some other traders who once upon a time were very much like themselves--wandering and lost in the sea of sharks....

as i recalled this is the second or third notices from you to remind me about your welcome thread....

so from now on, i shall refrain from welcoming your potential paid elite members.... which if it is my biz or org.... i shall be delighted to have every one of my potential paid customer welcomed by others of similar interests.... at no cost to me....

but this is yours biz..... so do what pleases you, mike.... and your wish will be effective immediately.

nakachalet

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  #2109 (permalink)
 Btrader 
Portland
 
Experience: Intermediate
Platform: NinjaTrader, Esignal, Interactive Brokers
Trading: TF, Euro
 
Posts: 1 since Jul 2011
Thanks: 1 given, 0 received

Hey Big Mike and Fellow Traders,

I started dabbling in swing trading 15 years ago, captivated by the technical aspect of price movement, and potential for profits. Had my ass handed to me, started reading technical analysis books, market psychology books, and money/trade management information. For about 5 years of swing trading, I had my ups and downs, but remained a break even trader. Long story short, 25 or so books later, I have been thru test 1 and 2 of the CMT (Chartered Market Technician) thru the MTA, and am now attempting trading full time. I am contemplating if I will go for the CMT designation, and ponder the question: Do I want to be a trader or a technical analyst? (Or both)

I am keenly interested in personal psychology, mindful expansive self-awareness, mass psychology, and technical analysis. I love trading from the zone...., that place of stillness, non-reactivity, clarity, fearlessness, and surgical concentration.

I day-traded equities in the past, index etfs, sector etfs, and have recently changed to futures. I trade the TF (Russell) and the 6E (Euro).

Seems like a great site. Glad to be here!

~Btrader

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  #2110 (permalink)
Rand56
Myrtle Beach, SC
 
 
Posts: 1 since Aug 2011
Thanks: 0 given, 0 received

Hi all

Even though I've been reading some posts of late this is my first post. I'm a newbie to trading but have had an interest in TA and charting for quite some time and figured it was time for me to give this a go. I know I will have some other questions along the way that hopefully some of you guys and gals could help me with. Until then I have this question and it's not about trading, it's about what happened yesterday in the markets.

I know that atleast the correlation between markets of late has been..

Gold goes up..stocks go down
Copper goes down.. stocks go down
Crude oil goes down..stocks go down
Bonds go up..stocks go down
Dow Transports go down..the Dow should follow

All these markets did what normally happens to make stocks go down but yet the stock market went up yesterday. Is this a possible divergence and a correction to follow or is this no big deal cause this happened in one day? Does this happen often or is this a rare occurence that people should take heed? Thanks

Randy

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  #2111 (permalink)
DogHermit
Boston, MA
 
 
Posts: 1 since Sep 2011
Thanks: 1 given, 0 received

Hello Mike & Everyone Else /

Just wanted to say hello, and thanks for providing this resource - looking forward to interacting with folks. I've just recently decided to change from trading options to trading/scalping the ES, so I'm going to have lots of questions about this instrument - I found this forum following a Google search on displaying the NYSE tic on ToS!

Best of luck to all -

Cheers - tDH

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  #2112 (permalink)
Bills10733
Seattle, WA
 
 
Posts: 2 since Sep 2011
Thanks: 1 given, 1 received

Hello to all, and thanks for the great resource here. I am a long time trader, but very new to futures. Most of my experience is in equities and options, which I've traded for many years, primarily in swing-trading fashion. I am interested in learning to day-trade futures and I recognize it's very different, so I'm hoping to learn something from the group here.

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  #2113 (permalink)
matiger
Ljubljana Slovenia
 
 
Posts: 1 since Sep 2011
Thanks: 1 given, 0 received

Hi everyone

i started trading a long time ago in 2001.
A lot of stuff went wrong a lot of times of course.

now my focusis shifting in a direction of automatic trading.

it is exactly what i always wanted.
I started with TD Ameritrade software Strategy Desk which was simple and powerfull,
now I am learning to script in TOS (although Ameritrade has another software called Prodigio) later I want to learn Ninja Trader. So I am quite confused about different software and lack of god tutorials.

Hope to be able to share knowledge and meet some nice people here.

Good day and good trading everyone.

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  #2114 (permalink)
 ktrader 
glostrup, denmark
 
Experience: Advanced
Platform: Custom platform
Broker: CQG
Trading: Futures, Options, Stocks
 
ktrader's Avatar
 
Posts: 249 since Aug 2011
Thanks: 152 given, 275 received

Hi Everyone,

I have been trading for a long time now, since end of the 90's and have been trading most things tradable. I was until recently a part-time trader, but decided to go fulltime a few months ago.

With a background in mathematics and programming I have a analytical approach to trading and uses as different software to help me , this is especially needed for me as I lack discipline when I trade discretionary.

I am constantly working on systems and improving on existing methods as I find this interesting - its more rare i adapt new methods in my day-to-day trading but I am always open to novel ideas.

My current methods include neural networks and different kinds of signal processing.

I hope to share ideas in this forum and pick up on market psychology and discretionary trading methods.

--ktrader

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  #2115 (permalink)
gewoodfo
Washington, DC
 
 
Posts: 2 since Sep 2011
Thanks: 0 given, 0 received

Hi Mike and all:

I am a new trader who has spent to much money on to many systems with nothong to really show for it. I have blown one small account.

I intend to master trading, starting with FOREX because of its small capital requirements to get started. I intend to expand to other markets as my capital base grows.

My inital goal is to get to a point that I am capable of replacing my wife and my salaries so that we both can quit/retire from our current careers. The plan is for her to retire first, but it would be nice if we could to it at the same time. After that, it is to build up retirement accounts and trust accounts for our son and grandkids.

I am interested in learningmore about automated tradingsolutions. While I have spent a lot of money on them and have not had a lot of sucess so far. I believe that ittherre can be goood automated systems built.

I am looking forward to shring and learning on this forum, Although, i admit it will be more learning than sharing in the beginning.

Thanks,

G.E.

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  #2116 (permalink)
Eduard Murton
Rio di Janeiro
 
 
Posts: 11 since Sep 2011
Thanks: 2 given, 2 received

Hello Mike and other followers,

I am trading Forex for the past couple of years, but I am not really an expert in it. My financial education was not really extended into that area. I would like to join your forum and exchange ideas, strategies and practice with the platforms, pairs and signal providers.

Pleasure to be part of the forum.

Happy trading to all!!

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  #2117 (permalink)
 ElectricWiz 
Chicago
 
Experience: Advanced
Platform: E-Signal
Trading: Ym
 
Posts: 23 since Apr 2011
Thanks: 3 given, 23 received

I am the Wiz!! Been trading for 4 years. any question ask me.

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  #2118 (permalink)
Eduard Murton
Rio di Janeiro
 
 
Posts: 11 since Sep 2011
Thanks: 2 given, 2 received


ElectricWiz View Post
I am the Wiz!! Been trading for 4 years. any question ask me.


Welcome Wiz Have you tried automated platforms? and if so, which ones? I am investigating which one to start using

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  #2119 (permalink)
dhualee
guangzhou
 
 
Posts: 3 since Sep 2011
Thanks: 0 given, 0 received

Glad to join

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  #2120 (permalink)
trade
INDIA
 
 
Posts: 1 since Dec 2010
Thanks: 1 given, 0 received

Hello Everyone,

I am new (beginner) trader. i started trading in 2010.this site is very useful for Ninjatrader user.

Thanks.

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  #2121 (permalink)
 ryanmnly 
Columbus
 
Experience: Beginner
Platform: Metatrader
Trading: Forex
 
Posts: 574 since Apr 2011
Thanks: 95 given, 220 received

Hi all. I've been lurking for a while and love this site. I'm also a big fan of Ninjatrader. After spending the last year digesting all I can, I've decided it's time to get back to basics. Looking forward to talking strategies here.

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  #2122 (permalink)
BearHunter
Perth WA
 
 
Posts: 1 since Sep 2011
Thanks: 0 given, 0 received

Hi all,
I joined the forum about 3weeks ago, just getting around to saying hello now. I've been trading for a few years so I hope I can add value to the forum as well as learn from it! Talk soon...

Cheers,
BearHunter

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  #2123 (permalink)
debdulal
Kolkata
 
 
Posts: 1 since Jun 2011
Thanks: 0 given, 0 received

Hi all,
I am Debdulal from India.
I am a full time trader and I trade specially in Future and stocks in Indian Stock exchanges (NSE,BSE).
I use Amibroker for my charting.

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  #2124 (permalink)
 isatrader 
London, England
 
Experience: Intermediate
Platform: Stockcharts, NinjaTrader, ProTA
Trading: Silver, Gold, ES
 
isatrader's Avatar
 
Posts: 180 since Sep 2011
Thanks: 68 given, 207 received

Hi everyone,

I'm a UK based trader and I started in 2007. I've experimented with a lot of methods over the years, but I've started to find some consistency now that I've settled on a few simple methods that suit my personality. My main method now uses Stan Weinstein's stage analysis and point and figure charting methods that I've learnt from Tom Dorsey's site.

I've kept a journal on a UK forum for the last year which has really helped me to develop my method, but the majority of people on there are forex traders, whereas I focus on stocks and commodities mostly. I intend to start a journal on here shortly based around Stan Weinstein's stage analysis and point and figure charting and hopefully it will be well received and I'll be able to discuss my trading with like minded people who'll point out my mistakes and help me improve further.

Cheers

isatrader

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  #2125 (permalink)
 knight 
atlanta,ga,us
 
Experience: Intermediate
Platform: ninja
Trading: futures
 
Posts: 1 since Aug 2011
Thanks: 1 given, 0 received

Hi Mike , fellow traders:

"Sorry about taking so long to introduce myself"

I'm relatively new at trading '' about 2 years'' , but every body tells me I must be good at it, cause I haven't lost any money, but 2 years and less than 10k is below poverty level in my book. I think I Have pretty good money mangement skills, "maybe too conservative"and pretty good At keeping my emotions in check, but just can't find the right system that fits me. Just like every body else I've tried every free trial out there at one time are another, and paid for a few," Ablesys, Viper, Decision Bar, Quick Pop, Wiz Trade, On an on an on." Being in your forum I found I can duplicate almost any of there indicators and strategies, "OOPS I apologize" the People here can!! My wife told me that if I was going to make it I would to find a good mentor, problem is, There's too many good people here, but I guess there's nothing wrong with mentors "plurl"

Hope I can get to a point where I can contribute instead of take away. ''going to be a while in this circle''


Many Thanks:

Knight

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  #2126 (permalink)
 hanamaui 
Tokyo
 
Experience: Advanced
Platform: NinjaTrader
Trading: USD
 
Posts: 7 since May 2011
Thanks: 2 given, 4 received

Hi, I'm very glad to join this site with very useful information.

Now, I trade with Ninjatrader and I would be very happy if I can share some information with you all.

Thank you.

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  #2127 (permalink)
 4tune81 
Milwaukee, Wisconsin
 
Experience: Intermediate
Platform: NinjaTrader
Trading: in development
 
Posts: 2 since Sep 2011
Thanks: 5 given, 0 received

Hello All,

I joined the forum a coupler weeks ago and although I've "invested in the market" for years it's time for me to take matters into my own hands and become a trader.

I have a question: should I as a beginning trader with little programming experience start with the active trader accounts at Etrade, Schwab, etc. or jump right into a direct brokerage account like IB and add the charting, feeds, etc. My head is spinning a little trying to digest all the info as quickly as possible. I'll be able to open an account with about $50k.

Any feedback would be much appreciated.

Thanks,

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  #2128 (permalink)
 sqadri 
Orlando, FL/ USA
 
Experience: Beginner
Platform: Ninja Trader, Firetip
Trading: Crude Oil
 
Posts: 2 since Sep 2011
Thanks: 2 given, 0 received

Hi Mike :

I am so glad I joined this forum. I am a newbie trader, I recently lost a quite a bit of money not knowing anything about the futures market but still getting into it. I think I made some bad decisions and I am starting anew. I am new to NT, new to trading strategies and even charts ! From time to time I might post some very basic questions but it's nice to know that everyone meaning all type of questions are welcomed here so I won't have to worry about someone brushing me off

Thanks again


Thanks,

Syed

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  #2129 (permalink)
t2004
detroit, mi, usa
 
 
Posts: 1 since Sep 2011
Thanks: 0 given, 0 received

Hi All
This is Sanjay, and just started learning about trading and writing indicator/show-me/strategies.
Regards,
Sanjay

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  #2130 (permalink)
Eduard Murton
Rio di Janeiro
 
 
Posts: 11 since Sep 2011
Thanks: 2 given, 2 received


t2004 View Post
Hi All
This is Sanjay, and just started learning about trading and writing indicator/show-me/strategies.
Regards,


Welcome, Sanjay I am sure you will have a great experience as mine is so far after I joined this forum. So many great thread to read

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  #2131 (permalink)
 sudhirc 
detroit,mi
 
Experience: Beginner
Platform: NT
Trading: NQ
 
sudhirc's Avatar
 
Posts: 412 since Sep 2011
Thanks: 1,702 given, 458 received

Hello,

I'm trading for the for the last two years and still consider to be a baby at trading. I accidently landed on this website a week or so ago and i thank Mike for providing such a great forum. I can certainly gain a wealth of knowledge and hope to share mine.

Thank you and happy trading to all.
Sudhir.

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  #2132 (permalink)
 mfbreakout 
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,704 received


sqadri View Post
Hi Mike :

I am so glad I joined this forum. I am a newbie trader, I recently lost a quite a bit of money not knowing anything about the futures market but still getting into it. I think I made some bad decisions and I am starting anew. I am new to NT, new to trading strategies and even charts ! From time to time I might post some very basic questions but it's nice to know that everyone meaning all type of questions are welcomed here so I won't have to worry about someone brushing me off

Thanks again


Thanks,

Syed

To all the new traders, here are my 2 cents. As we all know there are many , many reasons why new traders fail and continue to lose money. For me, it was having too much information and not really knowing which one suits my style and personality. By the time , I found out, i had lost money for 2 years.

Any trader who wants to be successful and wants to find out in the least amount of time if he/she gonna make it- should first find out a system that will work for them. Do not trade with real money till you have settled on a system.

I wanted the SIMPLEST system and from someone who is not just an educator but a real trader.

For me, it turned out to be Mark Fisher, author of " The Logical Trader" and according to Paul Tudor Jones " There never has been and never will be a better pit trader than Mark Fisher". I read his book 9 months ago and have not looked back. I paper traded for 500 hours to get a feel for the system and the product i trade which is Crude oil futures.

I would be more than happy to help if after reading his book one finds that Mark Fisher system is for them.

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  #2133 (permalink)
 mfbreakout 
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
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Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,704 received


5Lakes View Post
Thanks for the warm welcome.
After 16 years of investment bank job, I am in the process of fundamentally changing my live and go private trader. No back door. Had highly volatile times in over the years. From holding stocks for years to scalping futures. Striving to "smoothen" performance and income. Less leverage, more patience. Reading some of the posts with great interest. Hopefully can contribute from time to time when I am live.


let me know when you go live , would be interested to know what system you settled on.

I trade crude oil futures full time , using Mark Fisher ACD system as a base along with Volume profile. Mark Fisher is also author of " The logical trader" and runs a very successful N.Y , US based prop firm.

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  #2134 (permalink)
chiefproest
manchester
 
 
Posts: 1 since Aug 2011
Thanks: 0 given, 0 received

am a market weary trader who has discovered that price action holds the key to successful trading after being kicked in every direction by the markets and effectively contributing to my broker's profit bonuses ....i wish to learn more in this area from the forum and must say BigMike thanks for this

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  #2135 (permalink)
 epsilon 
thira
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, Currency Futures, Forex
 
epsilon's Avatar
 
Posts: 3 since Mar 2011
Thanks: 2 given, 1 received

Hello to the community,
i'm Yannis and i come from a greek island called Santorini in the south Aegean sea.
Studying markets for 3+ years and lost a few hundrends euros very rear for a newbie i suppose.
Stop trading live and decide to educate myself as much as possible before put my hands on fire again!
Find the forum by accidend searching for volume studies and immediately became an elite member without
second thought.That was the best money ever spent!
Looking to participate more after a month or so because i work on season holidays from April till end of Octomber.
Best wishes and trading to all.

yannis

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  #2136 (permalink)
 AR99 
Toronto, Canada
 
Experience: Intermediate
Platform: Ninja
Trading: Futures
 
Posts: 7 since Sep 2011

Hi All,
I am glad to join futures.io (formerly BMT). It seems like an excellent forum. Thanks Big Mike!

I had been a position and swing trader, but now learning day trading. I will highly appreciate any suggestions on the ways to effectively learn and become an expert.

AR99

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  #2137 (permalink)
jakef
Ljubljana, Slovenia
 
 
Posts: 1 since Sep 2011
Thanks: 1 given, 0 received

Great Forum guys.
I'm a software developer and starting with Ninjascript programming, forum is loaded with good
resources.

Let's continue the good work.

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  #2138 (permalink)
 Gavin 
Nashville, TN
 
Experience: Advanced
Platform: Ensign
Trading: ES
 
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Posts: 6 since May 2011
Thanks: 1 given, 2 received

Thanks for the forum. I will be looking forward to being a part of this.

Thanks,, Gavin

Gavin
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  #2139 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
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Posts: 512 since Aug 2011


mfbreakout View Post
To all the new traders, here are my 2 cents. As we all know there are many , many reasons why new traders fail and continue to lose money. For me, it was having too much information and not really knowing which one suits my style and personality. By the time , I found out, i had lost money for 2 years.

Any trader who wants to be successful and wants to find out in the least amount of time if he/she gonna make it- should first find out a system that will work for them. Do not trade with real money till you have settled on a system.

I wanted the SIMPLEST system and from someone who is not just an educator but a real trader.

For me, it turned out to be Mark Fisher, author of " The Logical Trader" and according to Paul Tudor Jones " There never has been and never will be a better pit trader than Mark Fisher". I read his book 9 months ago and have not looked back. I paper traded for 500 hours to get a feel for the system and the product i trade which is Crude oil futures.

I would be more than happy to help if after reading his book one finds that Mark Fisher system is for them.

big mike does not like discussion on this introductory page, would you like to start a new thread on whatever you wanted to recommend to newbies, particularly the one you mentioned as producing winner, i have some questions for you. do you wanna do that, pls? thx

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  #2140 (permalink)
 mfbreakout 
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
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Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,704 received


nakachalet View Post
big mike does not like discussion on this introductory page, would you like to start a new thread on whatever you wanted to recommend to newbies, particularly the one you mentioned as producing winner, i have some questions for you. do you wanna do that, pls? thx

Oh sorry, did not realize that. I will look into starting a new thread for new members. Thx.

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  #2141 (permalink)
 medlock 
near Congac, France
 
Experience: Beginner
Platform: TradeStation
Trading: currency
 
Posts: 3 since Sep 2011
Thanks: 10 given, 2 received

I seem to be going around in circles trying to find where "here" is - the "here" where you write an intro. Is that here? and if it is here I'd just like to say hello and all the best to everyone and BM for providing this space of positivity.

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  #2142 (permalink)
Guillefa
capital federal, Argentina
 
 
Posts: 1 since Sep 2011
Thanks: 0 given, 1 received

Hi everyone,
I am really new on trading, just reading Murphy's book and downloaded NT to start simulating before giving the step.
I am working as an engineer in the wireless telecom industry so I am just spending my free time on this.
All the same I am willing to make trading my life style.

THanks Big Mike for this great blog.

regards!
Guillermo/

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  #2143 (permalink)
Futures Hunter
MacPherson/Singapore
 
 
Posts: 6 since Sep 2011
Thanks: 2 given, 9 received

Hello, I from Singapore! wish to learn & share in this forum

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  #2144 (permalink)
TheDoberman
Indianapolis Indiana/U.S.A.
 
 
Posts: 3 since Sep 2011
Thanks: 5 given, 2 received

Just want to start out by saying this is an awesome site. Seems like there is a wealth of information and experience here.

I am somewhat new to trading. Been trading less than a year now, but I have been watching the markets for years. I feel like God has blessed me with the willingness to learn and I want to learn all that I can. I have been fairly successful in my trading so far. I concentrate on swing trading in stocks I feel are long positions. Sometimes I like commodities when I feel there is oversold value. I am currently not a day trader of any kind. I hope to someday opperate in some degree of day trading fashion. I am committed to trading as ethically as possible. Thank you for the opportunity to use this site.

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craig1928
Dublin
 
 
Posts: 8 since May 2011
Thanks: 6 given, 3 received

new to trading but I've been preparing the mental side of it for a good while now, I know what it takes psychologically, thanks for the forum also

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 TradeWind 
tw
Singapore
 
Experience: Intermediate
Platform: NT7
Trading: EUR/USD CL TF
 
Posts: 73 since Sep 2011
Thanks: 80 given, 13 received


Futures Hunter View Post
Hello, I from Singapore! wish to learn & share in this forum


Hey Futures Hunter,
I'm also from Singapore, just join the forum too. Can we meet up for a cup of coffee. MY mobile is 91453928.
TW

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  #2147 (permalink)
DavidMc
Honolulu
 
 
Posts: 1 since Sep 2011
Thanks: 22 given, 0 received

Aloha All,

Same old story here, trading for years with limited success, lost time and money, working on at least my 3rd account.
Haven't traded live for a year. Working on myself and trying to work on a trading system with sim trading.
Having a hard time finding a system or creating one I like. Found Big Mikes site looking for indicators for ninja.
I know now that I am my own answer, trading has taught a life time of lessons.

Mahalo Mike and everyone God Bless

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  #2148 (permalink)
fxswaps
bolivia
 
 
Posts: 1 since Mar 2010
Thanks: 4 given, 0 received

Thanks Mike for the forum.
Hope to pick up how to do futures here.

Main platform is NT ....

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  #2149 (permalink)
esmall
JP ma
 
 
Posts: 1 since Jul 2010
Thanks: 0 given, 1 received

Ok,

Hope this works. This is my first post. I use pice action and a system I call "Trading The Pokes".

A POKE short on a 5 min chart is a candle the has a wick that pops above my 10 period SMA of the highs and then closes below. I short on the close below the 10 EMA also looking for a trend line break of Woodies CCI.

A POKE long on a 5 min chart is a candle the has a tail that pops below my 8 period SMA of the lows and then closes above. I long on the close above the 8 EMA also looking for a trend line break of Woodies CCI.

This system not onlt gets you in at the begining of a trend but keeps you in the trend for a majority of the run. Sometimes you can stay in the trade untill you get a signal to reverse.

Info on the channel created by the EMAs can be found in many Jake Bernstien books. Woodies CCI info is all over the web. Combining the two is my idea. I have a Skype room at eddiestrade. All are welcome.

There is one trade I passed on, do you see it. I will give you a hint. It was a short. I will tell you why I passed if you can fine it.

eddietrades

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  #2150 (permalink)
rchu
Seattle, WA
 
 
Posts: 3 since Sep 2011
Thanks: 9 given, 1 received

Hello to Everyone and big thanks to Mike for this forum.
I am new at trading futures. I am trading intraday, the ES and Crude Oil, I use candlesticks, Ichimoku clouds and VSA. The hardest part for me is letting go of my fear from past losses and trusting what I see, I am stuck in analysis paralysis even when I know I should place the trade.
Hoping to learn and share with others what works for me.

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ashokamrita
toronto ontario / canada
 
 
Posts: 4 since Sep 2011
Thanks: 1 given, 2 received

Hi everyone,
First of all thanks to MIke for the enterence in this forum. I am from Brampton On. Canada, trading for a while and one of my friend told me about this forum and indicators, when i was actually looking for some indicators like AUTOTREND LINE and PRICE ACTION SWING. i hope i will get it here, any kind of help is apreciated.
Thanks .

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  #2152 (permalink)
 Sandra 
Montevideo
 
Experience: Intermediate
Platform: Thinkorswim
Broker: Thinkorswim
Trading: YM
 
Posts: 2 since Sep 2011
Thanks: 1 given, 1 received

I am a part time trader. I keep another business that i would like to end next year, because I want only to trade for a living.

I swing trade some stocks and some ETFs, but what I trade everymorning is the YM (mini dow).

I was in a room for months learning a technique, and using it by myself I am doing better now than while I was in the room waiting for a buzzer to enter a trade.


I trade the YM using a 133 tick chart with a 6 simple moving average and a 89 exponential moving average.

I use a 3m, a 15m and a 60m chart too. I use price action, support resistance levels, Ws formations, Ms formations and trend lines to trail.

I use to take profits at 10 points 1st target, then move my stop up and keep moving it up while the trade runs. I use maximum a 20 points stop loss, and sometimes even less. Little losses, bigger winners is what I am getting.

I have being trading the YM for about 10 months and I suffered losses, not big, then I was at the breakeven period, and now I am getting profitable but only trading 2 cars. I am not psichologycal prepared to trade more. I will, but I am more focused in trailing the 2nd car than in adding another car.

I can´t for now upload my charts, buy I would love to do it.

Glad to be here and to share with others. Sorry for my english, I am an spanish speaker from Uruguay.

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  #2153 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011


Sandra View Post
I am a part time trader. I keep another business that i would like to end next year, because I want only to trade for a living.

I swing trade some stocks and some ETFs, but what I trade everymorning is the YM (mini dow).

I was in a room for months learning a technique, and using it by myself I am doing better now than while I was in the room waiting for a buzzer to enter a trade.


I trade the YM using a 133 tick chart with a 6 simple moving average and a 89 exponential moving average.

I use a 3m, a 15m and a 60m chart too. I use price action, support resistance levels, Ws formations, Ms formations and trend lines to trail.

I use to take profits at 10 points 1st target, then move my stop up and keep moving it up while the trade runs. I use maximum a 20 points stop loss, and sometimes even less. Little losses, bigger winners is what I am getting.

I have being trading the YM for about 10 months and I suffered losses, not big, then I was at the breakeven period, and now I am getting profitable but only trading 2 cars. I am not psichologycal prepared to trade more. I will, but I am more focused in trailing the 2nd car than in adding another car.

I can´t for now upload my charts, buy I would love to do it.

Glad to be here and to share with others. Sorry for my english, I am an spanish speaker from Uruguay.

@Sandra

you speak PERFECT TRADER ENGLISH.

welcome to big mike.

maybe if you would consider reducing some of your indicators to maybe only 4 or so,

you can even make more money, sandra.

many use only 3 and make a decent living. and some claim to use none except price action and claim to be profitable as well. but i have not personally come across any live trader who just trades from price action alone with consistent profitability. however, if i continue to live another three score and nine years, perhaps i would come across some successful only price action traders with amazement and adulation to the utmost.

sandra, now that you join big mike, we all hope you would become even more profitable with less effort than before, OK?

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  #2154 (permalink)
rchu
Seattle, WA
 
 
Posts: 3 since Sep 2011
Thanks: 9 given, 1 received


Bills10733 View Post
Hello to all, and thanks for the great resource here. I am a long time trader, but very new to futures. Most of my experience is in equities and options, which I've traded for many years, primarily in swing-trading fashion. I am interested in learning to day-trade futures and I recognize it's very different, so I'm hoping to learn something from the group here.

Hi Bill, I'm in Washington too (Camano Island). Would like to know other traders in my area.

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  #2155 (permalink)
Emini12
Sydney australia
 
 
Posts: 1 since Sep 2011
Thanks: 1 given, 0 received

Hi,
I am obviously new to trying full time trading, but like many I have tried and failed many times...guess I am just doggedly persistent and don't mind losing a little money .....
I have made a commitment a few months ago to get more business like and have really learnt alot in a short space of time. I follow bryce Gimore, VSA, and now Al brooks.....hopefully this will provide the edge and skill - just need the experience and discipline!
Trading ES futures and futures currencies...
Marcus

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  #2156 (permalink)
 arabade 
Richmond USA
 
Experience: Intermediate
Platform: Ninja trader
Trading: Futures
 
Posts: 1 since Sep 2011
Thanks: 0 given, 0 received

im new in trading futures could somebody tell me how to download good indicators and which one of them cos all seems too good

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  #2157 (permalink)
dhualee
guangzhou
 
 
Posts: 3 since Sep 2011
Thanks: 0 given, 0 received

I am so glad I joined this forum. I am a freshman for trading.right now i trade with multichart and I would be very happy if I can share some information with you all.

Thank you.

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  #2158 (permalink)
traderphil
Vancouver, B.C., Canada
 
 
Posts: 1 since Oct 2011
Thanks: 0 given, 1 received

I am a day-trader of the ES, primarily. . I use volume and technical analysis , etc to trade my own system called J.M.A.P. (Just Making A Point)which is based on many years experiences of making every possible error while learning to trade proficiently. I believe that the subconscious mind is the real key to successfull trading. After all, Most professional Trading systems are based on trader psychology, basically fear and greed,. In my humble opinion that is. Oh yes, as soon as i figured out that market manipulation was the norm, then i started to make real progress in my trading success.

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TheDaltonTraders
Emmen, The Netherlands
 
 
Posts: 1 since Oct 2011
Thanks: 1 given, 0 received

Hello everybody,
Still working as a full time tax lawyer but trying to learn all about day trading in my spare time.
Would be great to be making money as a day trader. However time will tell...
Main goal is to trade as a day trader (perhaps sometimes as a swing trader) in stocks only.
For now I won't be that much around at your site. I've just crossed it in my search for knowledge and I have put it between my bookmarks. I guess it might be handy one day.
At this moment my prior is to get to now how NT works and how to get intra-day data without paying for a broker... Until next time, take care you all!

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  #2160 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
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Posts: 416 since Oct 2011
Thanks: 42 given, 373 received

Glad to join. Looking forward to the feedback and ideas available on this site.

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  #2161 (permalink)
 rohitk91 
Buffalo, New York
 
Experience: Beginner
Platform: NinjaTrader
Trading: Futures
 
Posts: 4 since Feb 2011
Thanks: 4 given, 0 received

Hi Mike,


Joining this group to learn a thing or two from your trading experience and that of other learned lot. Hope this is going to be a good learning environment and in that process be able to make a buck or two.

Thanks,
rk

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  #2162 (permalink)
 profutrader 
Singapore
 
Experience: Advanced
Platform: TT's X-Trader,NT,MC
Trading: Futures
 
Posts: 14 since Jul 2011
Thanks: 6 given, 2 received

Hi All,

My apologies for taking such a long time to start posting in this forum. Currently, I am a trader with 11 years experience scalping mainly futures indexes. It has been good till the Algos started moving in a very big way this year. Now scalping has gone to the Algos with the fastest speed. I am in the mist of trying to move away from scalping for a numbers of years now. But I keep going back to it and there has not been good progress in this area. Mentally, I just couldn't do it though I have had the priviledge of being mentored by a swing trader recently.

For some, holding a position is easy and relatively stress free. Just place the stop and let the market decide. It is so simple yet so tough for a natural scalper like me. I made my money by being extremely discipline with losses especially scalping for 1 tick while scratching most of my trades if it does not feel right. To some this is dumb and it is costly. But this has been my style for almost a decade and it has paid off.

In the past 2/3 years, I have been toying with NinjaTrader and other platforms. Frankly, NT somehow just doesn't work for me though I had some strategies coded. As with my trading, I like to scalp. So my strategies are also very short term in nature. But as with all datafeed, sub-second feed is not available. Hence the lag and market order from the strategies just doesn't cut it in reality. I am still trying to fine tune the strategies.

Recently, I stumble upon the RangeBarNoGap in this website. I have been using QuoteTracker as my charting software and their Range Bar is like that - No gaps. However, as I couldn't download it from here as it is restricted to elite members, I got it from another website.

There it seems that he created it but I think it is done my j0hnth0m from this forum. Anyway, it does not work with my strategies. So I had to reload NT7.

Big Mike, I have reading some of your posts for quite awhile and had some of your trading ideas and views from quite some time back. Just want to say hi

Happy trading to all. Cheers

Scalping addict

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  #2163 (permalink)
 Futuretrader2 
Bremen / Germany
 
Experience: Master
Platform: NT,TS,IB
Broker: NT,TS,IB
Trading: ES,GC,CL,6E
 
Posts: 7 since Oct 2011
Thanks: 4 given, 4 received

Hi Gang,

hope to find some ideas here in this forum to kick me out of the lethargy of a system futures trader.
Working on 4 markets more or less sucessfull and find this here very interessting.
Keep on trading...
Greeting from Germany
Mike (not the Big one)

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  #2164 (permalink)
 Rossidog 
Bracknell
 
Experience: Beginner
Platform: Ninjatrader
Trading: STocks, Indices
 
Posts: 7 since Oct 2011
Thanks: 4 given, 0 received

Glad to join looks like a good forum and hope to learn some lessons that will avoid me blowing my account the second time round.

Currently looking to try and identify which of the plethora of trading techniques works best for me.

Here's to no more blowouts.

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  #2165 (permalink)
 MarcOne 
Milan, Italy
 
Experience: Intermediate
Platform: Ninja
Trading: 6E, CL, GC
 
Posts: 9 since Oct 2011
Thanks: 5 given, 0 received

I joined today. I'm trading since 1 year and I've to study a lot. This looks like a perfect place where I can find ideas, experiences and useful hints. Hope to get (and give, in future!!) hints and points of view useful for trading.
Sorry in advance for all my questions, and thx for all the replies !!
Great work, big Mike !!
Great work, traders & coders !!

Good trading to all!!

Marco

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  #2166 (permalink)
mate41
Paris/France
 
 
Posts: 4 since Sep 2011
Thanks: 1 given, 0 received

Hi Mike,
Glad to join this forum. I recently joined NinjaTrader and like developping. I hope contributing to this.

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  #2167 (permalink)
 drakus 
Edmonton, AB
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES, Currency Futures, Forex
 
Posts: 1 since Oct 2011
Thanks: 0 given, 0 received

Glad to join this fantastic community. I hope I can learn and contribute with time yet I suffer from chronic lack of the latter. If only I could be up 24/7

Thanks for having me

Cheers

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  #2168 (permalink)
bbattista
Richmond, Va
 
 
Posts: 1 since Oct 2011
Thanks: 0 given, 0 received

In a previous life I was a software guy. Eventually built up and sold a data center. Started trading about 6 years ago. Tried and lost on a number of different strategies but very early on found my niche trading the news on the Forex market. I have made a living doing this for about 5 years. Until a couple months ago, it was my sole source of income.

I developed an Expert Advisor to help myself and some friends become better news traders. It caught fire and recently I sold quite a few copies of it through a friends marketing company. Now I aspire to replicate the EA using C# on the Ninja platform. I know exactly what I want to do, but am unfamiliar with C# and Ninja.

I am in hopes of seeing some techniques people use in their programming to do some of the things I want to do. Unfortunately most of what I do is not in the mainstream of trading. For example, I don't care about anything that has happened in the past. I work with only the current bid and ask prices.

Anyway, I look forward to spending some time and learning some things. And hopefully will have the opportunity to share some things as well.

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  #2169 (permalink)
Chris128
Geneva/Switzerland
 
 
Posts: 3 since Oct 2011
Thanks: 0 given, 0 received

Hello Mike,

I'm happy to join your forum and hope to find some good advice !

I trade manually since a long time and trade with EA and MT4 since 3 years but I would now to create automated trading with future and stocks so I just start to learning C# to use Ninja Trader.


PS: English is not my mother language so excuse me in advance for my mistake.

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  #2170 (permalink)
theotherjohndoe
birmingham alabama
 
 
Posts: 1 since Oct 2011
Thanks: 0 given, 0 received

finally ready to start using the big tools for the big boys. Thanks to access to all this info Mike.

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  #2171 (permalink)
rrshanks
Shrewsbury
 
 
Posts: 1 since Oct 2011
Thanks: 1 given, 0 received

Hi Mike,
Thanks for running the forum and allowing me to participate. I have decided to do some serious day trading in ES. I have 28 years of software engineering experience and figured it's time to stop worrying about getting outsourced and take my future into my own hands. I have been reading a lot on TA and ES strategies and done some paper trades using TOS. I would like to settle on a trading platform and start making real trades soon. I am looking forward to learning from the veterans on this forum.

Thanks

Ravi

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  #2172 (permalink)
 doji53 
New York
 
Experience: Intermediate
Platform: Ninja
Trading: ES Bonds Gold
 
Posts: 1 since Oct 2011
Thanks: 1 given, 0 received

Hi Mike,
I am a full time futures trader mostly ES/Bonds/Gold. I have been trading for 3 years full time but have been trading for 20 years stocks/options. I have used many platforms but trade off infinity brokerage and use Ninja charts using Market profile. I have tried many different styles of trading but like Market profile the best. Thanks for have this forum to share thoughts.

Thanks

Doji53

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  #2173 (permalink)
 FrogsTrading 
Paris
 
Experience: Advanced
Platform: NinjaTrader
Trading: Futures
 
Posts: 1 since Jul 2010
Thanks: 3 given, 0 received

Thx for this great forum
Always a pleasure to read new posts en futures.io (formerly BMT) !

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  #2174 (permalink)
parttimetrader
london england
 
 
Posts: 5 since Oct 2011
Thanks: 0 given, 1 received

.. and I've lost about £20k..

So I'm not doing very well... Most of the money I lost happened in july when I stupidly went on honeymoon with a large holding of UK bank shares... cue market rout, I wasn't able to react quickly enough as I was on a Greek island (oh the irony) with no internet access.. But I'm holding in there.. Instead of selling up I've hedged with options so for the next couple of months I'm going to be protected.

My biggest problem is the fact that I have a day job (I'm a network engineer working for a well known US firm from the San Francisco area) and miss lots of trades. I'm interested to know who else has the predicament so will be sending a survey out about this.

When I focus on my trading I actually think I'm pretty good at it, but I don't have the guts to go full time yet.

I'm self taught, I really believe that most of these training courses where you pay to be taught trading are a rip off... ask yourself if the teacher is so good at trading, why's he teaching! So my learning has consisted of reading Reuters, Bloomberg, Marketwatch etc articles every day, and if there's something I don't understand I google it.. 3 years later I have a pretty good understanding of this stuff, and can hold a meaningful conversation with professionals. Good books are: 'you can be a stock market genius' greenblatt, 'the new market wizards' schwager, and Lefevre's 'reminiscenses of a stock operator.

I work form home sometimes and I usually have real time graphs (candlesticks, MACD) in the background.. and I watch them, just like someone might have a football game playing in the background.. Over the years this has given me a certain ability to know what's going to happen next.. and I'm right more than I'm wrong on average.

see you on the forums!


PartTimeTrader

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  #2175 (permalink)
 TomF 
Columbia, MD, USA
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zenfire
Trading: currency futures
 
Posts: 1 since Dec 2010
Thanks: 0 given, 0 received

I have been trying to day trade for about 6 years now. I had a lot of struggles in the past but have seemed to make some big strides forward in the last year. On a percentage basis my winners far outweigh my losers but on a cash basis the losers are still overwhelming me. Am struggling with the psychology of taking small losers. Right now I seem stuck in the "I can't take a $1K loss - I need it to be at least $5K" .. sigh .. and that wipes out weeks of consistent winners.

I originally joined here when I was looking for some NinjaTrader indicators.

I mainly trade futures - TF, ES, CL, GC, 6E. My current entry strategy is mostly counter trend but I am starting to look more toward trend trading entries in an attempt to get a better handle on risk.

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  #2176 (permalink)
 mfbreakout 
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
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Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,704 received


TomF View Post
I have been trying to day trade for about 6 years now. I had a lot of struggles in the past but have seemed to make some big strides forward in the last year. On a percentage basis my winners far outweigh my losers but on a cash basis the losers are still overwhelming me. Am struggling with the psychology of taking small losers. Right now I seem stuck in the "I can't take a $1K loss - I need it to be at least $5K" .. sigh .. and that wipes out weeks of consistent winners.

I originally joined here when I was looking for some NinjaTrader indicators.

I mainly trade futures - TF, ES, CL, GC, 6E. My current entry strategy is mostly counter trend but I am starting to look more toward trend trading entries in an attempt to get a better handle on risk.

Your situation sound like mine 9 months ago. I have been trading full time for 3 years. Lost money for 2 years and switched to mark Fisher , author of " The logical trader" 9 months ago, and have not looked back.

I also made a decision to trade exclusively CL futures. It is counter productive to trade different markets till one can trade one instrument successfully on a consistent basis.

You can search MF on Google but in my book and Paul Tudor Jones he is a trading genius with a very simple trading approach.

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  #2177 (permalink)
 mfbreakout 
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
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Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,704 received


rrshanks View Post
Hi Mike,
Thanks for running the forum and allowing me to participate. I have decided to do some serious day trading in ES. I have 28 years of software engineering experience and figured it's time to stop worrying about getting outsourced and take my future into my own hands. I have been reading a lot on TA and ES strategies and done some paper trades using TOS. I would like to settle on a trading platform and start making real trades soon. I am looking forward to learning from the veterans on this forum.

Thanks

Ravi

I would not have survived and have become successful in full time day trading if it was not for TOS ON DEMAND feature. I had TOS for 2 years and did not even know how powerful ON DEMAND feature is till someone told me about it.

ON DEMAND feature let a trader pick up any trading day from past 3 years and that full trading day is replayed exactly like that day. It allows trader to trade his/her set ups and see if they are working. I did it for entire one year while trading LIVE and BOOM- dark clouds disappeared and seemingly CHAOTIC price movement of crude oil futures became very orderly.

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  #2178 (permalink)
 sysot1t 
 
 
Posts: 1,176 since Nov 2009


TomF View Post
I have been trying to day trade for about 6 years now. I had a lot of struggles in the past but have seemed to make some big strides forward in the last year. On a percentage basis my winners far outweigh my losers but on a cash basis the losers are still overwhelming me. Am struggling with the psychology of taking small losers. Right now I seem stuck in the "I can't take a $1K loss - I need it to be at least $5K" .. sigh .. and that wipes out weeks of consistent winners.

I originally joined here when I was looking for some NinjaTrader indicators.

I mainly trade futures - TF, ES, CL, GC, 6E. My current entry strategy is mostly counter trend but I am starting to look more toward trend trading entries in an attempt to get a better handle on risk.

if you cant take small losers, then you wont last... ack you are wrong, it will make wonders.. that was one of my changing truths lets just say..

as @mfbreakout stated, Mark's book is excellent ...

MBF - The Logical Trader - overview

you should also visit this thread... it contains good info..


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  #2179 (permalink)
 westsider 
Los Angeles, California
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Stage 5
Trading: ES AAPL
 
Posts: 83 since Jun 2011
Thanks: 41 given, 105 received

Hello to all,
I have been trading for 2 years. Some live some simulation. I have experimented with ES, NQ, Stocks, Euro and Yen Futures. Some of my trading has been discretionary and some automated. I am doing this while still running my business. I spend at least 50 – 60 hours a week in trading and related activities like reading and back testing.

I have written in C++ with Sierra Charts and Easy Language for Trade station. It’s been quite an adventure. I started out with an attitude of “This looks Easy” and have been humbled. I had been cycling through being profitable for a few months and giving it all back and more. Despite the oscillation and financial setbacks I believe I am becoming a better trader. I have had about $20,000 in losses so far this year and returned to simulated trading.

I have enjoyed reading the posts here. In fact quite often I feel as if Big Mike has been speaking directly to me. The things I have been working on lately are;

1) Changing my workspace only every 2 weeks if needed
2) Writing a more detailed journal that includes my feelings
3) Dealing with internal conflict decisively. (In trading and life in general)

I am also reading tons of psychology books. Right now I am about half way through “You Can Heal Your Life” By Louise Hays. This is not a trading psych book but deals more with correcting negative thinking.

I have been working diligently on my psychology and also meditating regularly for the last 6 months. The clarity and self-awareness I have discovered in meditation has astounded me. I have returned to discretionary trading on ES with a few indicators in simulation for the last 2 months. I am satisfied with my results and will be going live again soon. Good luck to everyone here and I will keep you posted with my progress.
Cheers,
whansen101

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  #2180 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
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  #2181 (permalink)
 Vegas 
Russia, Pushkino (Moscow region)
 
Experience: Advanced
Platform: QUIK
Broker: ITInvest and VTB bank
Trading: Moscow Stock Exchange - trading futures
 
Posts: 27 since Sep 2011
Thanks: 2 given, 4 received

Hello Mike and all speculants!
I'm scalper. Exchange - RTS. Future index RTS. Watch the various markets (forex, futures ), about 8 years, when I worked in the moscow bank of the call-center. Now I try to scalp futures on the RTS index on the basis of correlation with world indexes (DAX, ES). 100-300 trades /day, because it very volatile instrument.

Sinc. Andrey

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  #2182 (permalink)
 profutrader 
Singapore
 
Experience: Advanced
Platform: TT's X-Trader,NT,MC
Trading: Futures
 
Posts: 14 since Jul 2011
Thanks: 6 given, 2 received

Hi Mike,

It nice to be part of a community that shares and shows appreciation when appropriate

I have been reading some of your old posts on NinjaTrader and your migration to MultiCharts.

Here is my situation and I hope to get some advice on it.

Right now I am using NT7 sparingly (I use TT's X-trader for my scalping) as I do have some strategies coded but I am thinking of migrating to MultiCharts for a few reasons :

1. I might be moving out of an arcade environment. Hence no more TT.
2. I am thinking of mentoring young traders here but good trading platforms here are expensive. I am thinking of private labelling MultiCharts as a cheaper alternative. In the past I have tried to used NT6.5 but like many others I had my problems with it. Now on NT7, it has improved.
3. If you had 10 traders in an prop enviroment with direct connectivity(co-location) to the exchange, which will you go with and do you think it is possible to compete with the likes of RTS Realtime System in the Algo realm?

I would like to know your thoughts.

Happy trading

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  #2183 (permalink)
ekarlin
atlanta, georgia, usa
 
 
Posts: 1 since Oct 2011
Thanks: 2 given, 0 received

Hello everybody,

I found this site by accident, but it looks interesting.
I have traded ES, EC, JY futures both intraday and swing.
Currently trading ES intraday.
After several failed attempts I am reasonably successful. Its hard work, very time consuming but rewarding.
Hope to be able to share my ideas with others involved with this discipline

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  #2184 (permalink)
atxtrader55
austin tx/usa
 
 
Posts: 1 since Sep 2011
Thanks: 0 given, 0 received

Hello gang! I am new here. I am new to Ninja trader and learning about trading strategies and how to code them. So far I have not had much luck in writing profitable trading systems but I am still learning. Can anybody point me to some good examples that actually work well? The examples I have seen are simple and lose $ most of the time. Thanks for your help and have a great day!
Jeff

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  #2185 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
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Posts: 512 since Aug 2011


Vegas View Post
Hello Mike and all speculants!
I'm scalper. Exchange - RTS. Future index RTS. Watch the various markets (forex, futures ), about 8 years, when I worked in the moscow bank of the call-center. Now I try to scalp futures on the RTS index on the basis of correlation with world indexes (DAX, ES). 100-300 trades /day, because it very volatile instrument.

Sinc. Andrey

hi andrey

just how much commission per round turn you are paying your broker, pls?

or are you a broker yourself?

can we submit our resume and hope to become your broker to pocket the 100-300 trades per day comm?

are you trading for yourself too on the side or in your attache or the like, pls? LOL

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  #2186 (permalink)
blueport
Sydney,NSW, Australia
 
 
Posts: 1 since Oct 2011
Thanks: 1 given, 1 received

I'm not a big forum user so I probably wont be very active on here but I like what I have seen of this site.
I started trading quite a few years ago but have been very hit & miss, never had a trading plan, etc , etc.
If you want to learn how not to do things, I'm your man!
I hope to change that now & am trying to concentrate on being a discretionary price action trader...not an easy thing to do!
Whether I'm active on the forum or not, thanks to all those who take the time to assist others & hopefully I can do something useful in my trading that I can post about!

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  #2187 (permalink)
PBJunior
Paris, France
 
 
Posts: 1 since Oct 2011
Thanks: 0 given, 0 received

Dear Members,

It is nice to become part of this community. Dozens of Google searches about algo trading and platforms lead to very interesting discussions on Big Mike.

I spend a lot of time developing models and technical trading environments. My background is in development (C#) and database administration (SQL Server) and I have been trading equities and futures for more than 6 years.
Just like a lot of people, I chose to switch to a fully automated / backtestable trading style a few years ago. My background helps a lot.
I also keep up to date with several markets and economies for a more fundamental view on how things are evolving and where we are headed.

I have tested several platforms and have used MultiCharts extensively. Although it's a fantastic platform, it's not an ideal choice since we are stuck with EasyLanguage which is quite a poor language compared to C#.
I have tried RightEdge and SmartQuant in the past but RE is not advanced enough, not fully open source and understaffed and SmartQuant has a poor support (non existant would be even fair).
There's also NinjaTrader which I will give a try to but it's very disappointing to see how poorly the user experience has been thought out (compared to RightEdge) and it's still extremely closed.
An ideal platform is probably Deltix: few people know it because they don't run ads on CNBC... and also because it costs $80k - $100k per year.

Anyway, I'm focusing on live execution now. I'm thinking about generating signals from my strategies in MultiCharts and developing a custom OMS in C# to execute the signals with a broker that is not supported by MultiCharts (through DLL calls).
Just contacted the support and they told me C# wouldn't be a solution because functions cannot be exported...
It was already a 'quick and dirty' way to achieve my goal but if I have to add another layer to this architecture, it becomes hell.
In this context, would you guys advise me to study Ninja further? That's almost a non-question but I'm trying to see the culprits/traps before chosing a direction.

Your experience could help.

Thanks!

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  #2188 (permalink)
 ollivermilton 
Linz / Austria
 
Experience: Intermediate
Platform: Ninja Trader
Trading: TF, ES, Currency Futures
 
Posts: 106 since Oct 2011
Thanks: 131 given, 76 received

hi traders, hi big mike and hi everyone else who is reading this forum!
--
my name is olliver. i am from austria (europe not australia).
i am a passionate trader who is currently working on making a dream come true in being a selfemployed independent trader. and as far i am, i gotta tell you guys, this is actually a long hard way out of hell but i know for fact that is doable and it - once achieved - pays off.
i am currently a student in linz (upperaustria) and working on my masterthesis and besides that i am working parttime for a concertpromoter - lucky i am the job offers me - so far - a lot of leissure time that i mostly invest in my trading education.
--
the reason why i have choosen to become a trader is something that i hardly can explain. since i was a kid i was always fascinated by the funny colored numbers in the tv although i never had a clue what they acutally represented. when turing older i found the idea of buying and selling a piece of paper and making a good living out of it quiet interesting even though i dont neacerarily have to show up in a particulary office and sit there 9 - 5. i guess the most important fact for me is independency and self-determination. with trading i can literally leave town and get settled down in a new city on a different continent within a day and this alone means everything to me. but still there is a long way to go.
--
when i started university i opend my first account to trade stocks. trading stocks was fun but turned out to be actually a hard time since i was a complete noob and lehman went bankrupt and the financial crisis hit the globe. my stocks got pushed down by the bear and i was locked into an economic prison. i didnt want to draw red numbers so i stayed in the stocks for like a good year till price got back to break even and then i got out. i then stayed away for some time and then moved on to trading cfd with realtime access. i was successfull for some time, but then made some big failures and i literally went through all the simple mistakes that you actually be aware of but for some stupid reason you dont do like having good SL and moneymanagement. when the earthquake hit japan i sponsored the market with a good handfull of money. after reflecting on my trading career i relised that my style of trading had more to do with psychotrading based on "mother"given intuiton than actually fundamental trading structure and technical analysis. i simply came to relise that i needed a plan and for the most part structure. so i locked myself in and did some education and studying and i also partizipated at some seminars etc. and well here i am. i am now trading as often as i can futures based on the structure that i have learned so far. lucky as i am when i got live into the market with my new knowledge the market changed dramatically (it was around june, july) because european crisis hit the spot (what a surprise!?) and people and the markets were acting crazy. so i told myself i stay out of it till volatility gets a little less and everything calms down a little. i also had - i guess like everyone else - work on my system and reajust it a little to the huge volatility and trending days.
i am currently just trading SIM because i dont feel comfortable with realmoney as i got to improve a couple of details.
--
the reason why i am now joining big mikes forum is because i spend a lot of time here reading and studying and i think its time to give a little back and i also want to be part of a great traders movement and get to know people all over the world.
i am planning to do a journal aswell and i would like to invite you to leave some comments and give advices.
ok this is it - basically...
--
have fun & trade well!

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  #2189 (permalink)
 solondon 
London, UK
 
Experience: Intermediate
Platform: ninja,TS,Meta,Tradeguider
Trading: FX,Metals
 
Posts: 38 since Sep 2011
Thanks: 9 given, 6 received

Hi and thanks for the wellcome, trading phyzz and paper pm's here from the comfort of home in london. Makes a change from programming at those pesky banks, good time to leave that con game before it implodes

Kind regards
JLo

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  #2190 (permalink)
jlesch
Clinton Township
 
 
Posts: 1 since Oct 2011
Thanks: 0 given, 0 received

Hello, all!

I've been trading stocks and some forex on and off for about 5 years now. Don't claim to be an expert. I'm a big fan of Tom O'Brien's and Phil Grande's radio shows. I listen to them on my iphone to and from work 5 days a week. (60 miles a day round trip commute in Detroit traffic, yuk!). I hope I can learn something here and offer some input from my experiences when possible.

JL

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  #2191 (permalink)
 Takestock 
Phoenix, Arizona USA
 
Experience: Beginner
Platform: none yet
Trading: ETFS
 
Posts: 2 since Aug 2011
Thanks: 15 given, 0 received

Hello I am just beginning trade instead of invest. Because of low commissions I would like to use IB. I've put money on the sight but the TWS intimidates me-- doesn't seem as easy as TD. Would like to have the power to short the markets instead of buying inverse ETFs. Question is: What is the quickest way to learn the in and outs of IB TWS?

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  #2192 (permalink)
ashokamrita
toronto ontario / canada
 
 
Posts: 4 since Sep 2011
Thanks: 1 given, 2 received

Hi Everyone. Thanks for the webminar Mike. looking forward for the better things in trading.
Thanks again.
Ashokamrita.

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  #2193 (permalink)
ashokamrita
toronto ontario / canada
 
 
Posts: 4 since Sep 2011
Thanks: 1 given, 2 received


Takestock View Post
Hello I am just beginning trade instead of invest. Because of low commissions I would like to use IB. I've put money on the sight but the TWS intimidates me-- doesn't seem as easy as TD. Would like to have the power to short the markets instead of buying inverse ETFs. Question is: What is the quickest way to learn the in and outs of IB TWS?

Hi, what in particular you want to know about IB TWS tws is very easy you can short any instrument but you need to have enough about 25 % [ margin account ]. you will have the MARKETVIEW PANEL for any quote.
Thanks.

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  #2194 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
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Posts: 512 since Aug 2011


ashokamrita View Post
Hi, what in particular you want to know about IB TWS tws is very easy you can short any instrument but you need to have enough about 25 % [ margin account ]. you will have the MARKETVIEW PANEL for any quote.
Thanks.

perhaps, it would be a great idea to put all your money in your saving acct for now.

then sim trade for 6 mos or whenever you can prove to your immediate family members that you can do everything profitably in sim....

then you can start opening up a live acct with any one but not everyone....

they are many good brokers around and there are also many not so good ones too....

when you are ready, just ask everyone around here, many will be glad to provide assistance.

have fun learning. this is the greatest place to read, listen and learn.... cheers

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  #2195 (permalink)
dukati
Rome Italy
 
 
Posts: 1 since Oct 2011
Thanks: 0 given, 0 received

hi, I am Dukati and I am happy to join to your forum.

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  #2196 (permalink)
Nasdin94
Singapore, Jurong West
 
 
Posts: 128 since Oct 2011
Thanks: 11 given, 112 received

Hello all,

I'm a (very) young trader.
I am 18 this year,

I started trading when I was 15, and opened a live account when I was 16( using AHEM) documents..
Of course, like all traders, I blew up a couple of times, find myself going for course after course to learn a bit more, just to "donate" back to the market right after.

Soon, I learnt that there is no holy grail, it is the trader himself, it is pure mathematis and logical reasoning which will get you somewhere, that you have to think logically without emotions and be PATIENT.

My current method of trading is Price action, indeed I have went on and studied all types of indicators, from rsi to stochastics, to macd, ma,ema atr, Bill williams, fractals ,AO, AC, Dipolli, etc etc. You name it.

But alas, went into price action, and just 2 months ago, I found myself consistently profitting(FINALLY)

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  #2197 (permalink)
 slagzone 
round rock, tx
 
Experience: Beginner
Platform: ninjatrader
Trading: oil, gold, euro
 
Posts: 9 since May 2011
Thanks: 2 given, 5 received

Once I think i have a good setup and try it out live I start losing money. I hate to lose money. hopefully I can find something that will help me. need a good easy set up and easy to follow entries and exits. want to trade (scalp) oil, gold, mini russell, euro.

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  #2198 (permalink)
 madLyfe 
Des Moines, Iowa
 
Experience: None
Platform: Ninja, TOS
Broker: AMP/CQG, TOS
Trading: CL, TF, GC
 
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Posts: 1,644 since Feb 2011
Thanks: 9,220 given, 1,015 received


slagzone View Post
Once I think i have a good setup and try it out live I start losing money. I hate to lose money. hopefully I can find something that will help me. need a good easy set up and easy to follow entries and exits. want to trade (scalp) oil, gold, mini russell, euro.

you might check out the perryg method..

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

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  #2199 (permalink)
 slagzone 
round rock, tx
 
Experience: Beginner
Platform: ninjatrader
Trading: oil, gold, euro
 
Posts: 9 since May 2011
Thanks: 2 given, 5 received


madLyfe View Post
you might check out the perryg method..

Thanks for that info. I found it yesterday trying to get it all figured out. using it on a demo account not ready to try it live yet.

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  #2200 (permalink)
 madLyfe 
Des Moines, Iowa
 
Experience: None
Platform: Ninja, TOS
Broker: AMP/CQG, TOS
Trading: CL, TF, GC
 
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Posts: 1,644 since Feb 2011
Thanks: 9,220 given, 1,015 received


slagzone View Post
Thanks for that info. I found it yesterday trying to get it all figured out. using it on a demo account not ready to try it live yet.

nice.. make sure u can get 90-100% trades before u switch over..

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

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