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Skype Trading Buddies


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Skype Trading Buddies

  #11 (permalink)
 
COTtrader's Avatar
 COTtrader 
JACKSON, MICHIGAN
Legendary Market Wizard
 
Experience: Intermediate
Platform: TS and Trading View
Broker: TS
Trading: ES Awesome!
Posts: 955 since Jul 2009
Thanks Given: 406
Thanks Received: 648

Yes. Put the Swing Traders together and the Scalpers together.

I am in the Scalper's camp on the CL.

My day job is as an administrator in higher education so while I could not take advantage of the text messaging, I could look in on the conversations once in awhile and record the messages - great for learning! And I usually keep Skype open at work just in case family members want to contact me.

Anyone else out there from Michigan?

COTtrader
"Ken"

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  #12 (permalink)
 
Mindset's Avatar
 Mindset 
Singapore
 
Experience: Intermediate
Platform: NT
Broker: ib
Trading: MES
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I have a buddy who trades on and off with me ( he has a day job about 3 days a week).
We don't talk live but we do chat, share charts and observations.

Things that have helped

1. showing people your entry and exit real time - no room for bull. It is very surprising how 'exposed' you feel.
2. having someone who is maybe not trading your setup give you an assessment of YOUR assesment ( if that makes sense to people). This person has no emotional content with the trade and occasionally throws in the odd comment that can be extemely enlightening.
3.showing losers. Yes oddly they do happy with monotonous regularity and realising that we ALL do that and it's nothing to be ashamed of - just something to try and learn from.

Things that didn't help

1. live talk - you often feel the need to say stuff just to break the long silences!!
I know that goes against your view BM but it's just what I found.

Thanked by:
  #13 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
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Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603


Mindset, yes all absolutely true. Thanks for sharing!

Mike

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  #14 (permalink)
 goldilocks 
NYC, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NT
Trading: ES
Posts: 65 since Sep 2009
Thanks Given: 117
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Big Mike View Post
The idea of our skype group is to hold each other accountable, and for less experienced traders to see more advanced trading methods.


Big Mike,
Thank you for doing this: already I see that it is and will be very helpful to me. It kept me from overtrading last week (and not following my trading plan), things I usually do when "no one is watching." LOL. And, it's very educational to listen (though I might not understand at this point) what others are talking about.

Also, another thank you! to Sharky for letting me know about futures.io (formerly BMT): This is just what I needed for my next step. I appreciate it very much.

  #15 (permalink)
 
shodson's Avatar
 shodson 
OC, California, USA
Quantoholic
 
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Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
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Mindset View Post
I have a buddy who trades on and off with me ( he has a day job about 3 days a week).
We don't talk live but we do chat, share charts and observations.

Things that have helped

1. showing people your entry and exit real time - no room for bull. It is very surprising how 'exposed' you feel.

I use my journal to expose myself I would recommend everybody keep a detailed journal on nexusfi.com (formerly BMT). Get " SnagIt" from TechSmith software if you want to easily annotate charts and post them on the forum like I do. Still, I'll hang out in the ES group during the opening hour.

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  #16 (permalink)
lca9900
San Diego, CA
 
Posts: 7 since Sep 2009
Thanks Given: 2
Thanks Received: 4

Are there any forex traders out there? I scalp the forex market during the European session opening and when the US markets open. I live in California. I use to trade with a buddy but he basically retired, living off his forex profits. Several sets of eyes helps when it comes to trading.

  #17 (permalink)
 
jb004's Avatar
 jb004 
France
 
Experience: Intermediate
Platform: ninjatrader and pro real time
Broker: IB
Trading: fce eurusd
Posts: 26 since Nov 2009
Thanks Given: 15
Thanks Received: 12

I am part of a group of traders in France and we have a private forum with a private chat room on which we can write, share files and talk to each other.... This last point was the new one.

We started this experience a few months ago and I can tell you that it was for most of us very difficult to get used to this new environment. You have to keep in mind that it may (it does) change the way you trade at the beginning.

Some of us switch off the volume when they trade.

Thanked by:
  #18 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603

The Skype groups I am hosting are text only, no voice.

Mike

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  #19 (permalink)
 
jb004's Avatar
 jb004 
France
 
Experience: Intermediate
Platform: ninjatrader and pro real time
Broker: IB
Trading: fce eurusd
Posts: 26 since Nov 2009
Thanks Given: 15
Thanks Received: 12

then there is no problem

  #20 (permalink)
 
FredyMegaG's Avatar
 FredyMegaG 
Lisbon
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures / Zen-fire
Trading: Es
Posts: 59 since Dec 2009
Thanks Given: 19
Thanks Received: 44


Hey guys,

Im an assiduate reader of the forum, just opened an acount to starting go live at the ES, and would love to be part of a trader-buddies group!

Im starting out verrry slowly, since I have a small account and my plan is to grow it to allow me to do both daytrade and swing trade.

I currently only looking at the ES but I intend to try out CL (i guess i suffer from BigMike's impatience syndrome as well...), but only later on, when i'm confident enough, and my account leaves more room for error.

I have my own entry and exits discretionary strategy, would like to share it and hear some toughts, as well as try to implementate other traders ideas and advices into it.

Im not trading for a living. Im eager to learn as much as i can from other traders ( BigMike's forum is a goldmine for me) so i loved the trading buddies idea.

Im up for it, where do i sign?



(First post BTW!)


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Last Updated on November 8, 2011


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