Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,387 since Jun 2009
Thanks: 32,059 given,
96,667
received
Hi guys,
It is my pleasure to welcome back TopstepTrader for another webinar on Tuesday, November 5th @ 4:30 PM Eastern US.
The topic is "Understanding the Game - Recreational vs Professional Traders". The presenters are Michael Patak, John Hoagland, Bob Iaccino, and Mike Arnold from TopstepTrader.
The webinar will be setup as a round-table "Ask Me Anything" format, but we are calling it a webinar as we plan to go about 90 minutes in length or so (far longer than our normal AMA's).
Major bullets that the conversation will evolve around include:
- Mastering the Fundamentals
- Understanding Risk Management and Defensive Trading
- Showcasing Hard Work and Analysis
- Learning Consistency through Risk/Reward
- Knowing your Role in the Trading Game
The webinar will have a few slides to facilitate the discussion, but the format is most definitely an open round-table discussion. This means we'll immediately start taking questions from webinar participants and the presenters will then go around the table and discuss it, giving their opinions and so forth.
...And although my expectations concerning this particular topic have turned really low, I still hope they will announce a definite start date regarding the use of Ninja Trader in a Combine as well...
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
The following user says Thank You to Daytrader999 for this post:
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,387 since Jun 2009
Thanks: 32,059 given,
96,667
received
John Hoagland will be MIA today unfortunately, he has a stomach flu and just couldn't do it. Hope he is better soon and we'll do this again in the future where John can participate.
Michael Patak, Bob Iaccino, and Mike Arnold will be participating today in the round-table.
121479My Goal is to develop into a consistent, disciplined trader.
I will post my daily Trading and elaborate on what I did good or bad on following my process as a current student of the College of Trader Development from Top Step Trader.
The daily …
It's interesting how many questions there were on HFT's. As TST discussed, HFT's are playing a different game to the rest of us. Ignore them. Trade longer timeframes. That doesn't mean you have to become a multi day swing trader. Even if your trades only typically last 30 minutes. You're still WAY outside of what the HTF's are concerned with.
If you're not making money, it's not because of HFT's. That is a cop out and is just looking for excuses.
Again, great webinar. Thanks.
Diversification is the only free lunch
The following 3 users say Thank You to DarkPoolTrading for this post:
I found this to be one of the most helpful webinars I've been to too date. The discussion was real, with real experiences and practices. It allowed me to see where I am currently positioned in the "scheme of things". The sports analogies were right on target and made things very real. The best part though was what I learned about making progress thru "process". This webinar tied a lot of things together for me personally!
Thank you all for an extremely enlightening presentation, time well spent.
Yeah, if I had a pico-penny for every complaint I hear about HFT....
Complaining about HFT is just a way to deflect responsibility from yourself. Complaining about the "1%", Goldman Sachs, market makers stop hunting, etc. Sure, some people have positions and powers that give them an edge you don't have (unfair?), but that doesn't mean you still can't make money.
And, yeah, that was a really good webinar. I forwarded it on to the members of my Meetup, especially for those that are new or struggling. I liked the comparisons to sports, the golf short game, the Lebron camp, etc.
What was the Ninjatrader thing they were referring to? Are they coming out with some sort of tool for Ninja?
I found this to be one of the most helpful webinars I've been to too date. The discussion was real, with real experiences and practices. It allowed me to see where I am currently positioned in the "scheme of things". The sports analogies were right on target and made things very real. The best part though was what I learned about making progress thru "process". This webinar tied a lot of things together for me personally!