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Beginner Futures Trader Needing Advice


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Beginner Futures Trader Needing Advice

  #21 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
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Symple View Post
@LakeEffectTrading

Answers are in blue. Take care. Symple

Hi @Symple, your responses are excellent, and I'm glad you gave them. They also show the value of having many different opinions aired on the same topic.

There's a learning experience for others, for example, where you give the advice "Do not hang around in SIM trading. It will not help as it is not real" -- and then there are other traders who will suggest staying in sim until some result is reached, and others who will suggest some other mix of live and sim. The learning experience is that experienced traders can have very different ideas about any issue, and a new person can learn from the differences -- if they consider the reasons -- as much or more than from the areas of agreement.

(I am more in your camp, but I do think some sim can be useful to try out different methods. The problem is that you avoid learning about real risk. But that's just my view.)

---------------------

Now let me ask you to change your style of responding by showing line-by-line comments within the original post in a different color. There is some good to be said for this, and there are examples of it here and there around the forum.

We discourage it for technical data reasons. and I try to make sure I ask people not to use it. I do recall you and I having this discussion a while ago, and you were not necessarily happy, but you did agree to not do it.

While I understand your preference, I am going to be more direct now: I am going to delete any post you make in the future using this style of blending your remarks within others'. I hope this is sufficient to convince you to change. Sorry, but I feel I have to use the hammer here. I don't mean it personally, I just would like you to stop.

BTW, @AllSeeker in a post just after yours shows how to get the same kind of immediate commenting effect. You simply surround snippets of the text you are quoting with QUOTE and slash QUOTE tags.

Thanks, and I'm happy you made your contributions here. Just use a different form next time.

Bob.

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-- Cervantes, Don Quixote
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  #22 (permalink)
Symple
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bobwest View Post
Hi @Symple, your responses are excellent, and I'm glad you gave them. They also show the value of having many different opinions aired on the same topic.

Thanks.


bobwest View Post
I do recall you and I having this discussion a while ago, and you were not necessarily happy, but you did agree to not do it.

Sorry, but I can not remember having any such discussion with you. Any way: If this test here now works the way it should, then I know at least now how to do it in the future.

Have a nice day and I hope the problem is now solved. Symple

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  #23 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
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I prefer to see responses rather than NONE for "'technical data reasons"

Can you give more information and clarification about the technical data reasons?

Thanks


bobwest View Post
We discourage it for technical data reasons.

Bob.


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Knowing it's not about Clouds or Wind. . .
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  #24 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
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DavidHP View Post
I prefer to see responses rather than NONE for "'technical data reasons"

Can you give more information and clarification about the technical data reasons?

Thanks

Not being able to distinguish whose post it is (the user ID for the comments is the same as the user who is quoted, because they are blended together).

I wondered if someone would ask about that, but I didn't want to get into it.

The style of quoting little snippets set off by QUOTE tags, as illustrated by @AllSeeker and now by @Symple in his newest post does everything the other way does, and is clearer.

You could also use the initial QUOTE tag that contains the quoted userid, and then just use plain QUOTE tags for the individual pieces, so you got something like this:

DavidHP View Post
I prefer to see responses rather than NONE for "'technical data reasons"

and then:

Quoting 
Can you give more information and clarification about the technical data reasons?

Thanks

Or you could use the "Wrap QUOTE tags around the selected text" icon in the Edit window to mark subsequent snippets:



Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #25 (permalink)
Churchmouse
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Posts: 4 since Aug 2016
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It me took years to stop chasing price. Warning from me is the open is way to volatile. Look for a non-trending time . ADX should help. The Darvis boxes set lines at highs and lows. While the price is going up towards the Darvis high area, put and order to buy at the low of the Darvis low area. The main idea is to place your order to sell above price and to buy below the price. Start with 1 micro and add to your short as price gets near the top line. Add on to your buy as price is going down towards the low line area. Learn how much one mini costs. You then see how much one tick of price movement can cost you. Try trading just enough contracts that you find are comfortable in regard to how much one tick moves your losses and gains too. Scalping keeps you trading actively if you like that. You must take losses knowing when you enter at a better time, or the next trade, you can easily recoup and get ahead when you nail a good entry. Also, if you like staring at charts scalping is for you. Best of luck.

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