Do you admit to being a trader? - Traders Hideout | futures io social day trading
futures io futures trading

Do you admit to being a trader?
Updated: Views / Replies:87,401 / 240
Created: by Big Mike Attachments:8

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

Thread Tools Search this Thread

Do you admit to being a trader?

  #201 (permalink)
Elite Member
East Coast, Florida
Futures Experience: Intermediate
Platform: IRT/S5
Favorite Futures: ES
New Level's Avatar
Posts: 53 since Feb 2014
Thanks: 3,296 given, 77 received

exptrader View Post

I wonder if people who play poker for a living have the same questions about what they should call themselves?


Yes, there are many discussions about this on poker forums, as a player I have definitely struggled with it over the years myself, my friends and family all know what I do but when meeting someone new I always consider if they can handle the truth. The toughest part is that I know most people don't have the patience or capacity to understand what I do, even if they can get past their entrenched misconceptions, when I start explaining EV, hand ranges, pot odds, etc.. I inevitably get the deer in the headlights look. The funny thing is I was looking forward to telling people that I'm a trader , I guess it's just a matter of perspective.

Reply With Quote
The following user says Thank You to New Level for this post:
  #202 (permalink)
Elite Member
San Diego
Futures Experience: Advanced
Platform: Private
Broker/Data: private
Favorite Futures: CL future
Rachel's Avatar
Posts: 1,380 since Mar 2012
Thanks: 935 given, 1,949 received

My 2 cents

When I 1st started learning how to trade, a seasoned trader told me, never tell anyone that you are a day trader.
Most people don't understand it, take a negative view of it, have had bad experiences with the markets etc.
I am at a point now, I just tell people I am retired and don't go into it.
The friends that I have, aren't interested in it and find it very boring.

So, I just don't get into it.

Seems like the only place that can relate to day trading is here on (formerly BMT).


Reply With Quote
The following 3 users say Thank You to Rachel for this post:
  #203 (permalink)
Elite Member
desert CA
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
Posts: 2,027 since Jul 2011
Thanks: 2,212 given, 1,551 received

Good advice you were told Rachel. I'm still too young to say I'm retired to be believable.
I do my trading part-time now hopefully eventually full-time.
But when I come across anyone who wonders what else takes so much of my time,
it's hard to come up with something if I don't want to say "trading". If I say it's an "online work
at home business", well everyone knows those "work at home ads" are all frauds yet the local
media still plays all those "goherenext" ads etc., even nationally known scam trading vendors we know about
still have their ads running on local radio early morning, or late nite. In fact most I've come across consider "trading" good-for
-nothing "gambling" and not contributing to the state "economy". When in fact most every other
"middle-class" neighbor has some kind of investment or trading going on behind closed doors in their home
whether it be mutual funds, or some invested stock etc.

Well, which is worse, being on the gov't dole being part of the California system
of voting yourself raises maintaining pensions every state election and/or being
on food stamps, SSI without a real mental or physical health disability problem
, and a lot of systems had been abused by fraud for literally years. With state compensation now being literally
double on average the average private sector wage rate in CA.

Example, I know of IRS workers in CA who work some months seasonally and
collected unemployment , even encouraged by their section bosses to do so for decades.

or trading and still paying taxes for it.
And so many still buy the mega-millions CA lottery or the other kinds voluntarily
donating to the taxes to shore up the state employment system without thinking about it
etc. anyways..

Last edited by Cloudy; March 18th, 2014 at 10:09 PM.
Reply With Quote
The following user says Thank You to Cloudy for this post:
  #204 (permalink)
Elite Member
North America
Futures Experience: None
Platform: NT
Favorite Futures: Futures
Fritzk's Avatar
Posts: 1,384 since Jan 2013
Thanks: 3,457 given, 5,063 received

Brutus View Post
I do not get any questions when I say I'm a "Private Equity Fund Manager". iqgod

Since I saw this on here, I have used this twice like a charm. I got the same type of response in both cases. They smile and say something along the lines of, "wow, that's really awesome". Then the smiling silence as I'm sure they don't want me to know they have no clue what the heck that is. So that is about the time I take a drink of my coffee and leave the awkward silence hanging.

Reply With Quote
The following 6 users say Thank You to Fritzk for this post:
  #205 (permalink)
Elite Member
Futures Experience: None
Platform: -
Favorite Futures: Diversified
Ming80's Avatar
Posts: 41 since Jan 2012
Thanks: 25 given, 49 received

I just tell them I'm an independent trader.

We have the tendency to shape our answers due to the reactions due to the stereotypes either positive or negative which are an inevitable response in society. For me, I've come to realize perception of occupations and is highly subjective and relative utility is highly variable.

The value of a soldier in peace time will be less than a soldier in wartime, or a dentist when your teeth are fine or when you have a screaming toothache. Perception totally changes when a struggling athlete or actor becomes the next star although they are technically the same person. There is a place for all professions to exist and we never know the time or place where we need the skill sets of others.

Whilst meeting others (even those of the same profession), there will always be times where we get flattery or criticisms. These exchanges can lead to hubris or low self esteem. Both of which do totally nothing but distract us from our true purpose of trading whether it is to achieve a better sharpe ratio, be the breadwinner for the family etc etc. We all have to be very clear on the purpose of our profession. Whilst the objective for all is to make money, the purpose would be something which has strong enough deeper meaning only relevant to YOU.

However, if one is consistently late for appointments, makes exaggerated claims, lazy etc., no matter how high the utility/standing the profession is in that particular society, there will not be any way to change the negative perception which one portrays.

We should never attempt to change our purpose of our profession to fit the 'labels' given by others, but perception ... that is something we all must strive to continually change.

Reply With Quote
The following user says Thank You to Ming80 for this post:
  #206 (permalink)
Trading Apprentice
Chicago Illinois
Futures Experience: Advanced
Platform: TT
Favorite Futures: Energy
Posts: 26 since Mar 2014
Thanks: 0 given, 6 received

It depends on whom the person was asking. Usually I just say that I'm self-employed and leave it at that. Most people think it's gambling or have rigid and negative opinions.

Reply With Quote
  #207 (permalink)
Elite Member
Austin, TX
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: GBU-39
tturner86's Avatar
Posts: 5,828 since Sep 2013
Thanks: 9,880 given, 11,279 received

Brutus View Post
I do not get any questions when I say I'm a "Private Equity Fund Manager". iqgod

Noted and will use later. As I still run my marketing firm, I tell people I am in Marketing. Usual response is "Like on Mad Men?"

Reply With Quote
  #208 (permalink)
Trading Apprentice
Denver, Colorado
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES
Posts: 3 since May 2014
Thanks: 0 given, 1 received

Trading is part time for me, but if someone inquires I tell them the truth and deal with the consequences whatever those may be.

I've found that people who are opposed to finance or trading are people I don't generally want to associate with. They're either very shallow thinkers/stupid, or they've got some political agenda I want no part of. More frequently the problem I have is that they want hot stock picks, to invest, to learn how to trade, to tell me about their brother in law who's a broker and could really help me out, or otherwise involve themselves in something that's really none of their business.

Reply With Quote
The following 2 users say Thank You to SplawnDarts for this post:
  #209 (permalink)
Elite Member
Puyallup, Washington State
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: NQ, CL, ES, YM
echoeversky's Avatar
Posts: 115 since Sep 2009
Thanks: 113 given, 48 received

Why bother?

Trade well, earn wealth, fold into other streams of revenue generation, and then go traveling.

Reply With Quote
  #210 (permalink)
Trading Apprentice
New York
Futures Experience: Advanced
Platform: IRT
Favorite Futures: Piano
Posts: 43 since Dec 2013
Thanks: 2 given, 30 received

Private Equity Quant and Leisure Time Practitioner.

Reply With Quote


futures io > > > Do you admit to being a trader?

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
Are you SURE you're a trader? GaryD Psychology and Money Management 4 October 29th, 2011 10:13 PM
Do You Think of Yourself as a Trader? tosmonkey Psychology and Money Management 3 January 10th, 2011 07:53 PM
RJay's "Trader Volume" and "Trader Tick" Indicator Suites RJay The Elite Circle 20 December 20th, 2010 05:01 PM
Confessions of a Trader redratsal Psychology and Money Management 1 December 13th, 2010 04:27 AM

All times are GMT -4. The time now is 10:09 AM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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 2018-05-22 in 0.13 seconds with 20 queries on phoenix via your IP