How was your path of becoming profitable - Traders Hideout | futures io social day trading
futures io futures trading


How was your path of becoming profitable
Updated: Views / Replies:626 / 15
Created: by michael94 Attachments:0

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 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
 
Thread Tools Search this Thread
 

How was your path of becoming profitable

  #1 (permalink)
Chicago IL USA
 
Trading Experience: None
 
michael94's Avatar
 
Posts: 7 since Jun 2019
Thanks: 5 given, 9 received

How was your path of becoming profitable

Hi fellow traders!

I am still pretty new in trading, and now I'm in desperate need of information and knowledge of how to create a strategy, how to do a proper enter and exit, and so on and so forth . Well - normal needs of any beginner .

So I thought It would be great, if more experienced and advanced traders share a part of their story of "How I stopped gambling and began to understand every what, where and why"

Any advise on people to follow on YouTube, articles from this blog, any other blog or trading courses would be great!

If You have something special to offer than just pm me

Thank You in advance!

Reply With Quote
The following 2 users say Thank You to michael94 for this post:
 
  #2 (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.

 
  #3 (permalink)
Super Moderator
London UK
 
Trading Experience: Beginner
Platform: CQG
Broker/Data: S5
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 4,822 since Sep 2015
Thanks: 11,878 given, 10,525 received



michael94 View Post
Hi fellow traders!

I am still pretty new in trading, and now I'm in desperate need of information and knowledge of how to create a strategy, how to do a proper enter and exit, and so on and so forth . Well - normal needs of any beginner .

So I thought It would be great, if more experienced and advanced traders share a part of their story of "How I stopped gambling and began to understand every what, where and why"

Any advise on people to follow on YouTube, articles from this blog, any other blog or trading courses would be great!

If You have something special to offer than just pm me

Thank You in advance!

Welcome michael94


If you have not checked it already, the Trading Webinars section of this forum contains hundreds of videos that can provide guidance. Among those you might want to start with Where to start as a trader? (Part I: Instruments and Brokers) w/Big Mike


Good luck!

Reply With Quote
The following 4 users say Thank You to xplorer for this post:
 
  #4 (permalink)
Legendary Market Wizard
Dallas, TX
 
Trading Experience: Intermediate
Platform: NT, TS
Broker/Data: IB, Oanda
Favorite Futures: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 541 since May 2010
Thanks: 955 given, 569 received

I really think the best way is thru pain and losses. The only advice I give is if you are very new trade small so you can lose less in the first 5 years. FIO will be great help and may reduce the pain.
Best of luck in your journey.
K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to kareem40 for this post:
 
  #5 (permalink)
Chicago IL USA
 
Trading Experience: None
 
michael94's Avatar
 
Posts: 7 since Jun 2019
Thanks: 5 given, 9 received


kareem40 View Post
I really think the best way is thru pain and losses. The only advice I give is if you are very new trade small so you can lose less in the first 5 years. FIO will be great help and may reduce the pain.
Best of luck in your journey.
K

At least, maybe you would suggest some course or separate articles from this forum? Something You've already tried and consider valuable. Don't get me wrong, I'm not lazy to do research. It's just.... there is so much info that I'm kinda lost, and trying to sort it out a bit.

Reply With Quote
The following user says Thank You to michael94 for this post:
 
  #6 (permalink)
Chicago IL USA
 
Trading Experience: None
 
michael94's Avatar
 
Posts: 7 since Jun 2019
Thanks: 5 given, 9 received


xplorer View Post
Welcome michael94


If you have not checked it already, the Trading Webinars section of this forum contains hundreds of videos that can provide guidance. Among those you might want to start with Where to start as a trader? (Part I: Instruments and Brokers) w/Big Mike


Good luck!

Already going through, but i thought that it is good to hear from others. Maybe someone will suggest something, that no other topic contains

Reply With Quote
The following 2 users say Thank You to michael94 for this post:
 
  #7 (permalink)
Legendary Market Wizard
Dallas, TX
 
Trading Experience: Intermediate
Platform: NT, TS
Broker/Data: IB, Oanda
Favorite Futures: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 541 since May 2010
Thanks: 955 given, 569 received


michael94 View Post
At least, maybe you would suggest some course or separate articles from this forum? Something You've already tried and consider valuable. Don't get me wrong, I'm not lazy to do research. It's just.... there is so much info that I'm kinda lost, and trying to sort it out a bit.

I have tried many and the only ones that worked for me are courses about Price Action and VSA. I have studied and followed Dr. Gary Dayton and Feibel Trading for both VSA and market structure. They both have tons online and on YT for free to try. It maybe a different journey for you. Just don't move around too much and always remember that almost all indicator vendors are a waste of your time and money. Good traders trade, others sell indicators. Last trading is very, very hard and not for everyone.
Again, good luck.
K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 5 users say Thank You to kareem40 for this post:
 
  #8 (permalink)
Super Moderator
London UK
 
Trading Experience: Beginner
Platform: CQG
Broker/Data: S5
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 4,822 since Sep 2015
Thanks: 11,878 given, 10,525 received


michael94 View Post
At least, maybe you would suggest some course or separate articles from this forum? Something You've already tried and consider valuable. Don't get me wrong, I'm not lazy to do research. It's just.... there is so much info that I'm kinda lost, and trying to sort it out a bit.

There are a few books you could pick up.


When I started I didn't even know the difference between stocks, shares and equities (there is practically no difference).

My first book was Day Trading for Dummies: a good introduction to give you a very basic and general idea of the world of trading but you won't get very far with that. The author is not a trader, she's an Economics professor.

I don't know of any trading courses that guarantee you any profitability: chances are they don't exist. In fact I would stay away from any trading courses which are likely to cost you thousands of dollars before you have had time to assess which direction you want your trading to go.

It is very difficult to provide personalized advice as everyone will be different: patient people can trade very slow markets, impatient people can't. This is just an example.

Many people on this forum say that the best time spent is searching content here. I would agree with that.

My best advice would be to familarize yourself with the powerful search engines in here. If you want to search for something specific but don't know how, just drop me a line and I'll help.

Reply With Quote
The following 2 users say Thank You to xplorer for this post:
 
  #9 (permalink)
Legendary Market Wizard
Dallas, TX
 
Trading Experience: Intermediate
Platform: NT, TS
Broker/Data: IB, Oanda
Favorite Futures: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 541 since May 2010
Thanks: 955 given, 569 received


xplorer View Post
There are a few books you could pick up.


When I started I didn't even know the difference between stocks, shares and equities (there is practically no difference).

My first book was Day Trading for Dummies: a good introduction to give you a very basic and general idea of the world of trading but you won't get very far with that. The author is not a trader, she's an Economics professor.

I don't know of any trading courses that guarantee you any profitability: chances are they don't exist. In fact I would stay away from any trading courses which are likely to cost you thousands of dollars before you have had time to assess which direction you want your trading to go.

It is very difficult to provide personalized advice as everyone will be different: patient people can trade very slow markets, impatient people can't. This is just an example.

Many people on this forum say that the best time spent is searching content here. I would agree with that.

My best advice would be to familarize yourself with the powerful search engines in here. If you want to search for something specific but don't know how, just drop me a line and I'll help.

So very true. And remember almost all courses are using on historical charts ( including my recommendations above). My best trades and sets are all on historical charts; I am excellent at it!! There are also very good traders here at the journal sections, follow them all.

K

K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to kareem40 for this post:
 
  #10 (permalink)
Chicago IL USA
 
Trading Experience: None
 
michael94's Avatar
 
Posts: 7 since Jun 2019
Thanks: 5 given, 9 received


Thank you guys for your replies and great advances! I already have some base of knowledge, and time to time I do really good entries and exits. I papertrade only for now, ans there is still a great lack of confidence and knowledge. Although even failing, I try to understand why. In most cases I see that I miss a lot of very important details and instead of acting basing on confidence, I'm jut gambling. It happens in 2/3 cases of all my positions. I know, it will take time to master this art, but from my experience I do things better when I can see multiple times how to do them. This is the reason for this topic. To fond some trusted source of information than can help me to think better about how to make my proper decisions. Of course there is no such as absence of losses or mistakes. But I think that good trader is the one, who has them minimized.

Reply With Quote
The following 3 users say Thank You to michael94 for this post:

Reply



futures io > > > How was your path of becoming profitable

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$1,000 in Amazon Gift Cards being given away right now from GFF Brokers

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

August
 

Webinar: Suri Duddella (TBA)

Elite only
 

Webinar: Richard Bailey (TBA)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Beginners Journal for becoming a consistently profitable trader petroto1 Elite Trading Journals 80 January 11th, 2019 09:46 PM
What's your short term goal or reward for profitable trading? Narcissus Traders Hideout 8 July 9th, 2015 12:17 PM
Profitable sim/market replay = profitable live? nourozi NinjaTrader 7 January 20th, 2014 10:03 AM
My path of becoming a trader kingich Trading Journals 102 May 2nd, 2012 09:07 AM


All times are GMT -4. The time now is 08:48 AM. (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, 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