Wyckoff In The Original - Traders Hideout | futures io social day trading
futures io futures trading


Wyckoff In The Original
Updated: Views / Replies:11,349 / 43
Created: by DbPhoenix Attachments:25

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 25  
 
Thread Tools Search this Thread
 

Wyckoff In The Original

  #41 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

I don't think you are alone on this. This was my experience as well. I don't know if its the era, the writer or the readers. Maybe some of all the above. The material is referred to as a course, but I didn't find it presented as such. Maybe that's me.

D

Reply With Quote
The following user says Thank You to David_R for this post:
 
  #42 (permalink)
Trading Apprentice
Chandler
 
Futures Experience: Beginner
Platform: ThinkorSwim
Favorite Futures: Stocks
 
Posts: 9 since May 2013
Thanks: 1 given, 9 received


David_R View Post
I don't think you are alone on this. This was my experience as well. I don't know if its the era, the writer or the readers. Maybe some of all the above. The material is referred to as a course, but I didn't find it presented as such. Maybe that's me.

D

In section 7 where he goes over the action of the market from that period, his observations where great, to learn how he read the behavior of the market like would be a great asset. However, I'm not sure what I was suppose to pick up from that otherwise because he offered little instruction in this part. What was there had to be taken out in tiny pieces and since he kept going back to pages, par, dates and so it just becomes a cluster. So far, I feel I should be highlighting areas of interest and almost removing them from the rest of the course for them to be of value, because what is of use is so buried I will have to read each section again to find it.

I'm going to read it from beginning to end as I planned and then review, but geesh!

Reply With Quote
The following user says Thank You to markt for this post:
 
  #43 (permalink)
Trading Apprentice
Chandler
 
Futures Experience: Beginner
Platform: ThinkorSwim
Favorite Futures: Stocks
 
Posts: 9 since May 2013
Thanks: 1 given, 9 received


After reading through section 7, I've become interested in his Figure chart method, but I've decided to skip those sections for now.

Reply With Quote
The following user says Thank You to markt for this post:
 
  #44 (permalink)
Trading for Fun
Yokohama South Korea
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: CTS
Favorite Futures: gold
 
Posts: 102 since Nov 2012
Thanks: 87 given, 56 received


DbPhoenix View Post
You have to trade what's in front of you, without hesitation. And if you're prepared to get out immediately if things don't go as expected, there is virtually zero risk. Knowing this, and I mean knowing it, enables the trader to take these trades and even make immediate exit-and-reversals because he knows that he can't be screwed.

this is exactly what I've been trying to do - trading what's in front of me, (though hardly without hesitation), and getting out if things don't go as expected, (though almost always not fast enough).

I dream of controlling risk the way you do, but I somehow still haven't quite got it. I think it's because I haven't had enough trading experience to know exactly what to expect of a good trade. too many times I caught myself hoping that a bad trade would turn good right this next bar. sometimes it does, sometimes it doesn't. and it confuses me to no end. so that next time when I encounter similar situation, I still don't know exactly what to do best.

do you always know exactly what to do after entering a trade? could you please show us a chart displaying how you manage a trade from entry to exit?




DbPhoenix View Post
You will also notice that there's no mention of bars. That's because price doesn't move in bars. Price is continuous. The trader may elect to display price movement with, for example, a 5m bar, but that means only that price is jogging in place for 5m intervals. What it's doing during those 5m intervals is hidden to the trader because he's not following price; he's following bars. Those who trade in real time, of course, know this, at least at some level. Vendors don't. Hmmm.

I suggest, then, that those who have been trying to unlock the mysteries of bars that they back off a bit and look at how price is flowing, then why it's flowing like that. They may well find much more -- and many more -- profitable trading opportunities than those who are trying to figure out what a particular bar means before they act.

I'm not sure I understand what you've said here. how are we supposed to read price action if not by bars? price flow by bars, doesn't it? how do you view the flowing of prices?

Reply With Quote

Reply



futures io > > > Wyckoff In The Original

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Wyckoff Speculator t123knight Elite Trading Journals 1990 October 30th, 2017 01:37 PM
Wyckoff Trading Method David_R Traders Hideout 1384 March 21st, 2017 10:06 AM
original D3spotter subterfuge NinjaTrader 22 February 14th, 2016 12:43 AM
BuySellVolumeTotalG39 -- original post? mavinwiz The Elite Circle 2 April 10th, 2011 05:19 AM
Add to original position in NinjaTrader Strategy ryohkyo NinjaTrader Programming 5 March 14th, 2010 11:48 PM


All times are GMT -4. The time now is 04:00 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@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 2017-12-17 in 0.08 seconds with 20 queries on phoenix via your IP 54.227.51.103