30 CROWDSOURCED TIPS FROM REAL TRADERS - Traders Hideout | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout

Started:April 19th, 2012 (02:07 PM) by madLyfe Views / Replies:507 / 1
Last Reply:April 19th, 2012 (02:07 PM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread


Old April 19th, 2012, 02:07 PM   #1 (permalink)
Elite Member
Des Moines, Iowa
Futures Experience: None
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Futures: CL, TF, GC
madLyfe's Avatar
Posts: 1,634 since Feb 2011
Thanks: 9,205 given, 998 received


nice little snippets of knowledge that we generally cant hear enough of..


30 Crowdsourced Tips From Real Traders- bclundbclund

"If you have to think for more than 5 seconds about how your trade is going to work, then it’s too complicated. Simple is Sexy. via @Chicagosean

Be contrarian in your thinking when it comes to entries and exits. If you run with the herd you are more likely to get run over by chasing the obvious. via @TodayTrader

Relative volume is the most important indicator for a chart breakout. via @stt2318

Learn the language…pop open the StockTwits suggested stream and immerse yourself for 6 months in the flow and language – 20 min a day via @Howardlindzon

Always think about risk first, profit potential second, and remember that you don’t have to know where the market is going to make money. via @StockSage1

There are a lot of good stock pickers out there. That is 1 percent of trading. Trade management/position management; that’s the next level stuff that takes you from doing this as a hobby to doing it for a living. via @Kunal00

Every stock chart is telling you a story…if you don’t understand the story, don’t trade the stock. via @AnneMarieTrades

If you are trend-trading then the base is your friend – stay close to the base and trade around the base selling into extended moves away from the base (chasing after extended moves is probably the fastest way to blow-out for new traders). via @HCPG

Don’t just work hard. Work hard to work smart. via @1nvestor

Be aware of your risk limits before your trade and play within them. Most trading mistakes come from extreme emotions and extreme emotions arise when a trader takes more risk than he is prepared to take. via @ppearlman

Write out your complete trade idea on paper; pretend your are presenting it to a mentor or trader you admire. If you don’t need a ton of caveats or extra lines and indicators it’s probably a good trade. via @GYSC16

It doesn’t hurt to be “right” on market direction but it is far from necessary to be a winner in this game over the long-term. via @StockSage1

Upgrades = potential selling opportunities. Downgrades= potential buying opportunities. I find this works when there is no significant news about the stock. via @traderInvestor

Community is great, but if you want to pay the bills, learn to trade and stick with your own ideas. via @dinosaurtrader

Step away from trading when stressed, fatigued, physically ill, or dealing with an issue that has you off-balance mentally or emotionally. via @PCHtrades

Know your risk level aka ‘uncle point’ BEFORE you make a trade or investment NEVER afterwards. via @tradewithpete

Don’t fall into the trap of thinking you are right. Remain objective. The market doesn’t care what you think. via @marketplunger

Price Action Trumps All. You can improve your trading by just simply paying attention to price action. via @TheArmoTrader

Say “nope” to dope and “Ugh” to drugs. via @bclund

Know your timeframes – a great set-up for an intra-day scalp trade won’t be of any use if you plan on holding the stock for a swing. via @tsxswingtrader

Trade what you see, not what you think. via @1nvestor

Trading when you’re tired, angry or distracted is a recipe for developing blinds pots and ignoring proper trading signals. via @AnneMarieTrades

One can be right on direction 9/10 times and still come out a loser if one cannot manage the downside when one is inevitably wrong. via @StockSage1

It’s the trader responsibility to adapt to the ever-changing market conditions. No strategy will work well in every market. You must constantly adapt. via @TRADERStewie

Trade with the trend. Adhering to this one rule improved my trading immensely. via @thetradingwife

If you don’t use a wide, 30-minute chart to plan your trend and chop trades, do something better suited to you.” via @daytrend

If you are reversion-to-mean trading then enter on extended moves away from the base (entering too early/close to the base, and getting blown out before the reversal most common mistake here for reversion to mean traders) and sell back into the base. via @HCPG

Many plan their trade entries but to manage your risk you must also plan your exit and do it BEFORE you trade. via @harmongreg

Don’t be penny wise and dollar foolish in choppy markets. via @ZorTrades

Buy high, sell higher. I know it’s a cliché, but if a stock is hitting a 52 week high or better yet an all time high that means that it is doing something right and Wall Street acknowledges it. I’ve bought too many stocks on sale or based on valuation that don’t do squat or go lower while waiting on a catalyst. via @TrendRida

80% of trading is psychology. The best way to protect your confidence is to have a strong plan that produces consistent results and cut your losses quickly when your wrong. via @jfahmy"

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


(╯°□°)╯︵ ┻━┻
Reply With Quote
The following 5 users say Thank You to madLyfe for this post:

Old April 19th, 2012, 02:07 PM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > 30 CROWDSOURCED TIPS FROM REAL TRADERS

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
General tips on using the forum Big Mike Help, Tutorials, and How-Tos 1 June 30th, 2012 10:38 PM
Citadel trading tips cory Off-Topic 0 October 16th, 2011 09:53 AM
Hints, Tips & Gocthas NW27 MultiCharts 2 August 7th, 2011 03:11 PM
Is there a ticker for 30 year T bonds? Eg a continuous index for 30 year T bonds PositiveDeviant Bonds and Interest Rates Trading 2 June 28th, 2011 04:55 PM
Coding tips and tricks Saroj NinjaTrader Programming 0 September 15th, 2009 08:42 AM

All times are GMT -4. The time now is 09:59 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-28 in 0.09 seconds with 19 queries on phoenix via your IP