Trader at a BBQ - Traders Hideout | futures io social day trading
futures io futures trading


Trader at a BBQ
Updated: Views / Replies:5,646 / 31
Created: by Grantx Attachments:1

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 100,000 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 – 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 don’t 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
 1  
 
Thread Tools Search this Thread
 

Trader at a BBQ

  #11 (permalink)
Market Wizard
Houston, TX
 
Trading Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,794 since Dec 2013
Thanks: 2,260 given, 4,938 received
Forum Reputation: Legendary

Finally found it

Do you admit to being a trader?

https://futures.io/traders-hideout/7362-do-you-admit-being-trader.html#post84447

Reply With Quote
The following 7 users say Thank You to SMCJB for this post:
 
  #12 (permalink)
Trading Apprentice
Bangkok Thailand
 
Trading Experience: Advanced
Platform: IB, MC, Python
Favorite Futures: Forex, CL, ES
 
Posts: 36 since May 2016
Thanks: 15 given, 17 received

They: "What do you do?"
Me: "I turn lead into gold"
They:
Me:

Reply With Quote
The following 3 users say Thank You to TraderWalrus for this post:
 
  #13 (permalink)
Professional Guesser
Reading UK
 
Trading Experience: None
Platform: ProRealtime
Favorite Futures: My 3 boys
 
Grantx's Avatar
 
Posts: 1,492 since Oct 2016
Thanks: 2,039 given, 3,692 received
Forum Reputation: Legendary



SMCJB View Post

I share Big Mikes sentiments on this subject. I love this game and there is a certain sense of pride knowing that Ive been through the grinder and come out the other side still determined to join that elite 1% group. Believe me when I say there were many times that I wanted to give up. I was suicidal at one point no jokes. Life at the time was stomping my head in and then to throw petrol on the already raging fire – I turned to trading! Its almost comical now when I think about it. Nowadays I don’t consider anything other than my success as a trader. I am in the deep end without a life jacket.... 100% committed. Bring it.

But to try and share that with someone that doesn’t understand? I dont do it anymore. Its such a deep meaningful subject to me that I don’t care to share my opinion with people that are mostly flippant and dismissive about it.

Besides, I can talk the hind leg off a donkey on the subject of engineering or even IT if I have to

Reply With Quote
The following 3 users say Thank You to Grantx for this post:
 
  #14 (permalink)
Elite Member
Madison, Wi
 
Trading Experience: Intermediate
Platform: Ninja Trader, Trade Navigator
Favorite Futures: CL,GC, HG
 
dbarno's Avatar
 
Posts: 76 since Jul 2012
Thanks: 148 given, 68 received

Had this exact same conversation multiple times at a wedding last weekend. Most of the other side of family couldn't believe it when I told them I trade commodities for a living. I knew in advance that most were farmers who grew corn and beans and would probably be giving me a look or something of a hard time. Told one that I work in an different kind of air conditioned cab, don't have to put up with John Deere software, weather, the governments prices, 'interest rates, fuel prices, etc. One asked me if I traded corn. Told him no, the grains are all screwed up right now, there are other markets much easier to make money with. Another asked what kind of crystal ball did I have....

My side doesn't really get what I do. They do know that we aren't hurting financially....

Really like the part of watching the faces of people when you tell them what you do. If don't want to deal with it, I just tell them I deal with financial risk and money management.

Reply With Quote
The following 4 users say Thank You to dbarno for this post:
 
  #15 (permalink)
Trading Apprentice
Jackson, WY
 
Trading Experience: Master
Platform: NT8
Favorite Futures: YM, NQ, CL, GC, HG and BTC on Dec 18
 
Posts: 2 since Sep 2017
Thanks: 4 given, 1 received


Grantx View Post
I share Big Mikes sentiments on this subject. I love this game and there is a certain sense of pride knowing that Ive been through the grinder and come out the other side still determined to join that elite 1% group. Believe me when I say there were many times that I wanted to give up. I was suicidal at one point no jokes. Life at the time was stomping my head in and then to throw petrol on the already raging fire – I turned to trading! Its almost comical now when I think about it. Nowadays I don’t consider anything other than my success as a trader. I am in the deep end without a life jacket.... 100% committed. Bring it.

But to try and share that with someone that doesn’t understand? I dont do it anymore. Its such a deep meaningful subject to me that I don’t care to share my opinion with people that are mostly flippant and dismissive about it.

Besides, I can talk the hind leg off a donkey on the subject of engineering or even IT if I have to

Glad you stuck with it GrantX...
Hey, what is the significance of the Anglerfish logo?

Reply With Quote
The following 2 users say Thank You to RadicalDeparture for this post:
 
  #16 (permalink)
Professional Guesser
Reading UK
 
Trading Experience: None
Platform: ProRealtime
Favorite Futures: My 3 boys
 
Grantx's Avatar
 
Posts: 1,492 since Oct 2016
Thanks: 2,039 given, 3,692 received
Forum Reputation: Legendary


RadicalDeparture View Post
Glad you stuck with it GrantX...
Hey, what is the significance of the Anglerfish logo?

Thanks. Welcome to the site.

Im glad you asked
Anglerfish because it is the perfect trading metaphor for me.
They are fearsome looking predators using a luminescent lure to catch prey....and sharp pointy teeth. To me the anglerfish represents institutional money.

The seductive lure of making easy money is very tempting. Many are mesmerised by this dreamy ideal but fail to identify the danger attached to the fantasy. Most dont make it.

I've seen the danger but Im still mesmerised

Attached Thumbnails
Trader at a BBQ-scaredfish.png  

Last edited by Grantx; September 9th, 2017 at 03:02 PM.
Reply With Quote
The following user says Thank You to Grantx for this post:
 
  #17 (permalink)
Trading Apprentice
Yakima WA
 
Trading Experience: Beginner
Platform: Tradovate, Tradingview
Favorite Futures: Crude CL
 
Posts: 23 since Mar 2019
Thanks: 58 given, 11 received

When People Ask What You Do For A Living, What do you say?

What do you tell other people, including friends and family, when they ask you, "What do you do for a living?"

What do you say to people that want to discuss how you earn money?

In your experience, is it better to not discuss it at all? Or do you be open about what you do and how you do it down to even showing them all setting and indicators if they ask?

I kind of feel like if I develop my own trading strategy I wouldn't want to give away my secrets and methodology.
But how do you introduce yourself to people when they bring up the topic of occupation? Do you tell them you are a futures trader, or an investor, or a speculator, etc.?

Has anyone run into problems with telling people "too much" about what you do? Do people ask you to teach them/show them? What do you do? What is the best way to respond?
Those of you who have been around the block, what are your experiences on this?

Reply With Quote
The following 2 users say Thank You to ClearTrades for this post:
 
  #18 (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.

 
  #19 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,140 since Aug 2009
Thanks: 3,618 given, 1,718 received

What they want to hear

They don't really want to know, they are just being polite and making conversation so they can tell you what they do.

If they ask, I tell them I'm in the Iron and Steel business.

If they want to know more I tell them:
"My wife takes in ironing and I steal."

LOL But really, if you tell them too much, they want you to trade for them.
So I usually just tell them I am retired and just surf the net a lot and do what ever I want.

They translate that into "He's a bum and watches porn all day"

It is no one's business but mine, what I do.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Reply With Quote
The following 3 users say Thank You to DavidHP for this post:
 
  #20 (permalink)
Market Wizard
Amsterdam area
 
Trading Experience: Advanced
Platform: NinjaTrader, IB TWS
Broker/Data: InteractiveBrokers, Kinetick
Favorite Futures: ES, CL, FGBL, CAC40
 
Pa Dax's Avatar
 
Posts: 549 since Oct 2017
Thanks: 587 given, 2,593 received
Forum Reputation: Legendary


I'm of the opinion that you should never have embarrassment on who you are or what drives you. In fact, if you are making money in a business where 80% lose you're a brilliant person and you have a talent many don't have. I explain that I basically make money from tiny little price differences in for example oil.

Can you trade my money? No. Even if I wanted to tax rules apply.

So you're just a lazy person? Try it yourself.

Must be easy... well how would you feel if at the end of the day your boss decides whether to give you money or take money from you based on your performance on only that day?

Can you teach me? Sure, wire me a 100k and I'll explain some of the basics to you.

Sent using the futures.io mobile app

Reply With Quote
The following 6 users say Thank You to Pa Dax for this post:

Reply



futures io > > > Trader at a BBQ

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Order Flow Patterns and Set-ups w/Anthony Drager @ Verbal Journal

Apr 18
 

Don’t Let One Bad Trade Wipe Out Your Entire Account w/GFF Brokers

Apr 23
 

New CME Micro Indices: New Trading Opportunities w/FuturesTrader71

Elite only
 

Benefits of Trading the Micro E-Minis w/Stage 5 & CME Group

Apr 30
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
TopStep Trader University College of Trader Development (TSTU CTD) BeansTwoNiner Trading Reviews and Vendors 17 February 1st, 2017 03:30 PM
day trader vs. hedge fund manager (trader) jefreunde74 Beginners and Introductions 2 July 10th, 2014 12:04 PM
Godmode Trader: DAX Knockout Trader - Rocco Gräfe podski Trading Reviews and Vendors 4 October 22nd, 2013 08:27 AM
Trader Jeff - Equity Day Trader - A Journey TraderJeffrey Trading Journals 2 July 12th, 2013 11:17 AM


Tags
ai, arbitrage, bitcoin, charity, commodities, crude, crude oil, crypto, derivative, dow, elite, es, forex, futures, gann, indexes, indicator, indicators, information, institutional, living, momentum, money management, options, people, risk management, rsi, size, spreads, stochastics, strategies, strategy, tapatalk, traded, trading, trading strategy, wave

All times are GMT -4. The time now is 06:09 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, 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 2019-04-19 in 0.17 seconds with 14 queries on phoenix