Futures Beginner Asks for Resources - Traders Hideout | futures io social day trading
futures io futures trading


Futures Beginner Asks for Resources
Updated: Views / Replies:4,422 / 15
Created: by tr3nt Attachments:6

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
 6  
 
Thread Tools Search this Thread
 

Futures Beginner Asks for Resources

  #1 (permalink)
Elite Member
Arlington
 
Futures Experience: Beginner
Platform: ninjatrader
 
Posts: 27 since Jul 2009
Thanks: 0 given, 4 received

Futures Beginner Asks for Resources

I have been trading stocks quite frequently for over a year, have made and lost money, and have kept my account basically even through money management and dedication to learning.

I am tired of stocks as its a harder market to pay attention to when you are swing trading 10 stocks or day trading 4 stocks and have a full time job....

That said, I am entirely interested in books about futures, I want to concentrate on one or two markets - mostly the e-mini nq, es, etc - and want some good resources on these instruments. I have read alot on cme, cbot, chatted with a few good traders, but I desire more.

Any books or links that could help me would be appreciated. I don't need indicators, or technical analysis as I have a simple system that works for me and it hasn't failed me (too much ;-) heh)

Any advice from experts or people who have taken my route would be totally appreciated!!!

Thanks for your time

tr3nt

Reply With Quote
 
  #2 (permalink)
Member
Boston
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: Infinity Futures/Transact
Favorite Futures: ES
 
Maletor's Avatar
 
Posts: 88 since Jun 2009
Thanks: 7 given, 26 received

First book I would read is the most recent one by Al Brooks.
His self taught observations of market behavior over the last 20 years is a hybrid, summation and real world application of most other books on trading.

And if you like that one so much, head over to the CMT and check out their reading list. It is their job to sift through all the books and find the best and most pertinent ones.

Finally, I would stay away form internet resources. They are good for reference like candlestick patterns, but even still they are pretty worthless, especially compared to what Martin Pring could tell you about them in his book.

I hope you find this helpful. On a last note, I would recommend you study just one market on one timeframe only until you become profitable.

Reply With Quote
The following user says Thank You to Maletor for this post:
 
  #3 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,711 since Jun 2009
Thanks: 509 given, 4,072 received

Howdy from Houston, TX


Hello all,

I'm relatively new to Big Mike's Trading blog / forum and wanted to take this opportunity to introduce myself. I started trading several years ago (penny stocks (Pennaluna) / 10 - 50 shares in publicly traded companies, varying based on "recommendations" in newsletters, etc (Scottrade) and got 'the trading bug'. Didn't do well, but didn't lose horribly either. I knew there must be a way to make a living at this & that started me on my journey. Finally found Interactive Brokers (some of the lowest commissions around) and that eventually led me to NinjaTrader, which I've been using in SIM mode for the past 2 years, in search of the Holy Grail (I know, everyone says it doesn't exist, but I keep looking). Anyway, being a small business owner & responsible for the continued employment of everyone here, I decided to stay in SIM mode until I found something that I was comfortable with - that COULD make me a living, in the event the business crashes (?) or I decided to sell. Having run it for 21 years, I'm tired of working 8 - 5 M-F with only the occasional vacation (every 2 or 3 years). So, that's my story. I'm creating a HOLY GRAIL thread today (7/22/09) because I've cobbled together a system of indicators that could very well be just what I've been looking for. Please check it out & give me your feedback / suggestions on improving it.

Reply With Quote
The following user says Thank You to TheWizard for this post:
 
  #4 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,711 since Jun 2009
Thanks: 509 given, 4,072 received

Tr3nt,
Checkout my Holy Grail thread post for today. It may help.
As far as books go, I've read (and thoroughly enjoyed):
Tools and Tactics for the Master Day Trader, by Oliver Velez & Greg Capra
The Art of Trading, by Bennett McDowell (breakout trading system)
Stikky Stock Charts, Stikky.com

Reply With Quote
 
  #5 (permalink)
Elite Member
Leipzig / Germany
 
Futures Experience: Intermediate
Platform: NT / TS, MC and Clones
Broker/Data: Interactive Broker
Favorite Futures: Futures, Forex
 
Posts: 24 since Aug 2009
Thanks: 31 given, 34 received

Hi TrEnd,

I am seeking for good Books about Futures too. I find out, that they behave in an other Way than "normal" Stocks...
A verry valuable Book for the Beginning - in my opinnion - was "John Carters - Mastering the Trade". It was nice to read, and he gives us a lot Informations and hints about Futures.

Best
Trendseeker

Reply With Quote
 
  #6 (permalink)
Just starting out...
Anderson IN usa
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: ES, EUR/USD
 
Posts: 16 since Aug 2009
Thanks: 2 given, 3 received

new contract dates

ES 09-09 is the current contract I think for ES? Correct?
When does it change to 10-09 or what ever the next contract is?

Reply With Quote
 
  #7 (permalink)
Elite Member
Concord, NH USA
 
Futures Experience: Intermediate
Platform: Ninja trader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
jdella's Avatar
 
Posts: 182 since Jun 2009
Thanks: 134 given, 110 received


alpine4133 View Post
ES 09-09 is the current contract I think for ES? Correct?
When does it change to 10-09 or what ever the next contract is?


Alpine the rollover of Sept contracts to the (DEC) 12/09 is the 2nd Thursday of this month 9/10/09.

Jeff

Reply With Quote
 
  #8 (permalink)
Just starting out...
Anderson IN usa
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: ES, EUR/USD
 
Posts: 16 since Aug 2009
Thanks: 2 given, 3 received

roll over date calender

ok so it goes from 09-09 to 12-09 / is there a calender that shows this some place?


jdella View Post
Alpine the rollover of Sept contracts to the (DEC) 12/09 is the 2nd Thursday of this month 9/10/09.

Jeff


Reply With Quote
 
  #9 (permalink)
Elite Member
Concord, NH USA
 
Futures Experience: Intermediate
Platform: Ninja trader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
jdella's Avatar
 
Posts: 182 since Jun 2009
Thanks: 134 given, 110 received


alpine4133 View Post
ok so it goes from 09-09 to 12-09 / is there a calender that shows this some place?


I don't know about a calendar, although you could probably go to the CME website and find that info, I just know that the index futures trade MARCH/JUNE/SEPT/DEC and they always expire the 3rd Friday of MARCH/JUNE/SEPT/DEC. But rollover into the next active contract is always the Thursday before the Friday exp., which would make it the 2nd Thursday of that expiring contract. Hope that makes sense.

Jeff

Reply With Quote
 
  #10 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,711 since Jun 2009
Thanks: 509 given, 4,072 received


Alpine, Here is a link that shows expiry dates for futures / options:

Expiry dates for ASX options, LEPOs and Futures contracts

AND if you want to buy a wall calendar with all this info on it for the coming year:

http://www.commoditycalendar.com/

Or - simply google : "futures expiration calendar" & you'll get:

http://www.google.com/search?client=safari&rls=en&q=futures%20expiration%20calendar&ie=UTF-8&oe=UTF-8

Hope that helps.

After all, it's what you learn AFTER you know it all, that counts!
Reply With Quote

Reply



futures io > > > Futures Beginner Asks for Resources

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Isn't this good enough? (Beginner futures trading) Ravanous Traders Hideout 23 November 7th, 2011 07:35 PM
Easylanguage programming resources thread gpw797 EasyLanguage Programming 8 July 31st, 2011 04:41 AM
Intermarket Analysis Resources? Style Trading Reviews and Vendors 8 June 22nd, 2010 09:30 AM
Bids and asks removal/insertions indicator ssg10 NinjaTrader 1 January 31st, 2010 06:04 AM


All times are GMT -4. The time now is 03:38 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 2017-12-13 in 0.13 seconds with 20 queries on phoenix via your IP 54.226.132.197