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I'm so glad that I found this community. I can see how active and open this forum really is.
I'm interested in trading the E-mini S&P's
I've been watching videos on futures/day trading for a couple of years, so I get the basic idea of how things work.
But for now let's just say I am complete newbie in everything.
I haven't even chose a trading platform or brokerage yet(i'm leaning on NinjaTrader, but open to suggestions)
After going through the forum I can see that there's a lot of good information, but the information is kind of all over the place. Can anyone recommend or point me on where exactly to start?
Prior to finding this forum, I was debating on joining a mentorship program with DTA The Day Trading Academy (Marcello Arrambide). But I found a post here speaking about how they really just the teach the basics and the advance strategies will cost extra... And some may even call him a Scam. I don't know if that's valid or not, but open for discussions about that.
Or if anyone has gone through any legit trading program to get traders off their feet, please let me know.
Also, I live in Toronto, ON. If there's anyone around the area that would like to grab a bite or some coffee, shoot me a pm. I'd love to meet you. Thank you in advance!
You've been watching videos... now you are here. Stay here for a while and get trading on SIM with whatever platform you seem to like. Most do that like it's a video game and then lose a ton of money when they actually trade live...you don't have to do that. Take it seriously, trade one or two contracts and try to learn about "trading" and your market while you read the active journals on this site...when you can seriously say that you have a method that works gather some money you can afford to lose and begin the LONG and painful road towards trading with actual money on the line and still keeping your s*#t together so you make money...
They say this is the hardest way to make easy money...
Anyone here will tell you up front, no BS... there is no "one way", "easy way" or "right way" to do it. There's a million different ways to do it, but no way around it... you are gonna have to spend a significant amount of time and effort learning to trade the way @Mr Capable trades.
If you have $100 to invest in learning how to trade for yourself, an elite membership at FIO would be the best possible way I can think of to spend it.
Focus on one market ES, 6E or YM and only practice trading one and only trade the first two hours in the morning and shut it down. Start with a simple Pull back strategy using tick charts or a 3min. You can evolve the strategy from this starting point and you're already ahead of the curve good luck
To get the most from the site, an elite membership is the best route.
I know this sounds like an advertisement, it is not.
(I am only a member and not an administrator and am not compensated)
Right now, your elite membership can help in several ways.
First it will help you by giving you access to the best information available to a new trader.
It will save you many times over the cost of membership by the information you receive.
Second it will help less fortunate people.
During this time, Futures.io will donate your entire elite membership fee to help children and families in Ecuador.
You can read about it in this thread:
