Catching Big Waves - a trader's journal of surfing the the markets - Trading Journals | futures io social day trading
futures io futures trading


Catching Big Waves - a trader's journal of surfing the the markets
Updated: Views / Replies:278,810 / 4,686
Created: by GaryD Attachments:1,123

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 – 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 don’t 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

Closed Thread
 1,123  
 
Thread Tools Search this Thread
 

Catching Big Waves - a trader's journal of surfing the the markets

  #3681 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

just a different view
1 hr

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
The following user says Thank You to websouth for this post:
 
  #3682 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received


Big Mike View Post
Well like most things in life, there is not a clear black/white line. What I meant by my post was "in general". In other words, if we can make some assumptions, people posting on futures.io (formerly BMT) and trading are probably not living in poverty. They are probably more educated than average.

Let's just say they make 75,000 a year at their "day job" on average. They work 60 hour weeks, aren't crazy about their job. They have a wife and 2 kids.

It is my opinion that taking this persons income from 75k to 150k isn't going to make them happier. They will buy fancier cars, a bigger house, spend more money going out and on entertainment, buy a new plasma tv, some new toys, a new set of golf clubs, buy a new boat, whatever... all of those things provide brief moments of happiness, but overall for the long haul will likely not solve any underlying problem if you are already unhappy to begin with.

It is very difficult to explain. I can still very clearly remember how I felt in my day job prior to me quitting and turning to trading full time. I would not have classified myself as unhappy. I had all kinds of toys, big house, cars, bought whatever I wanted, etc. But it turns out, I was not happy. It was not due to lack of money. Thus, money does not buy happiness.

I only was able to reach that conclusion after I had made some major life changes, which happened as I was trying to make trading for a living work. I had been trading for 15 years but never as my sole source of income. It took some major changes, which I talked about in-depth in the 3 hour webinar "An afternoon with Big Mike".

It was only because I am able to look back and compare my happiness both before and after that event that I am able to say I was definitely not happy before the change. But like I said, if you had asked me at that time, I would have answered "yes, I am happy" simply because I did not have proper context to compare to.

Since that time, another saying that I've said many times and that I believe is true is that you can go away from North America and visit other places, lets say the Caribbean since it is a favorite of mine. You will meet people who have virtually nothing compared to the spoiled Americans. Virtually no money, no "toys". They live very simply. And without a doubt, they are much more happy people than the average American.

Toys, gizmos, possessions, and money do not make happiness. So I will add a qualifier, which is that obviously a certain amount of money in order to buy you food, shelter, medical care, and to make sure you are not living in poverty is required.

Mike


What is it exactly that causes trading full time to make you happier?

 
  #3683 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received



websouth View Post
just a different view
1 hr

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


That is something I have never seen.

 
  #3684 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



I think partly from my schedule hthis week, but the 120m was starting to just look like garbage to me. Tonight I have a better feel, and am watching the symmetrical triangle (orange/blue). The cyan line broke already, which is actually a higher timeframe, but the near term consolidation is what I am more interested in.


Last edited by GaryD; August 15th, 2012 at 12:41 AM.
 
  #3685 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following user says Thank You to GaryD for this post:
 
  #3686 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


GaryD View Post
That is something I have never seen.

It's a Gann Grid. Let's you add a structure to trade from. Diagonal graph paper... just did some searching. I don't think ninja has it. Also helps with consistent axis scaling. I am off and on with it. I was just looking at your charts and thought it went with your style of zooming out to find structure... you could also Google pyrapoint. Similar concept that ensign offers I believe.

https://futures.io/traders-hideout/7283-pyratool-fixed-angle-trendline-ninjatrader.html

Gann Grid - Gann Tools - Technical Analysis

later

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
The following user says Thank You to websouth for this post:
 
  #3687 (permalink)
Trading for Fun
Little Rock, Arkansas
 
Futures Experience: None
Platform: MarketDelta
Favorite Futures: Options
 
r3algood's Avatar
 
Posts: 198 since Jul 2011
Thanks: 106 given, 105 received


GaryD View Post
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

It'll pick a direction soon enough, just be there to capture the move mate.

Congestion to trend and back over and over and over

The following user says Thank You to r3algood for this post:
 
  #3688 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received


r3algood View Post
It'll pick a direction soon enough, just be there to capture the move mate.

Congestion to trend and back over and over and over


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



The gray zone is no man's land. Tighter...

 
  #3689 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received


websouth View Post
It's a Gann Grid. Let's you add a structure to trade from. Diagonal graph paper... just did some searching. I don't think ninja has it. Also helps with consistent axis scaling. I am off and on with it. I was just looking at your charts and thought it went with your style of zooming out to find structure... you could also Google pyrapoint. Similar concept that ensign offers I believe.

https://futures.io/traders-hideout/7283-pyratool-fixed-angle-trendline-ninjatrader.html

Gann Grid - Gann Tools - Technical Analysis

later

Looks cool, guessing it is running off ATR?

 
  #3690 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received



websouth View Post
It's a Gann Grid. Let's you add a structure to trade from. Diagonal graph paper... just did some searching. I don't think ninja has it. Also helps with consistent axis scaling. I am off and on with it. I was just looking at your charts and thought it went with your style of zooming out to find structure... you could also Google pyrapoint. Similar concept that ensign offers I believe.

https://futures.io/traders-hideout/7283-pyratool-fixed-angle-trendline-ninjatrader.html

Gann Grid - Gann Tools - Technical Analysis

later

I recently said, jokingly, that just believeing in an outcome, waiting for it, and getting out when wrong, might just be a "plan" That grid, if someone traded the way it should be traded (assuming from one line to another?) could be very profitable, IF they believed in it enough to find out, set some max factor to say they are wrong, and develop a "feel" for when it is better to believe or not.

I am finding all indicators to be that way. To me, today, I don't think I want to change anything, only because this is what I know. I recently was going to replace my Donchians with ones that changed colors, or remove the indicator that changes my bars from white to black, but why? Indicators give a frame of reference, to me anyway, so that when something happens in the future we can reference it to the past.

If I were starting over, I would love to see what that grid could do, but today I don't know how I could trade if I did not draw the lines myself


Closed Thread



futures io > > > Catching Big Waves - a trader's journal of surfing the the markets

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Surfing and Trading shodson Psychology and Money Management 14 September 28th, 2015 01:26 PM
Little League to the Big Leagues - Journal of a simple trader rtrade Elite Trading Journals 142 July 23rd, 2011 05:22 PM
Trader 11 Journal greggdd Trading Journals 15 March 18th, 2011 12:53 AM
New Beginnings: The Journal of a Trader's Journey to Equanimity plethora Trading Journals 122 March 5th, 2011 11:13 PM
Rookie Future Trader Alex's Trading Journal alex123 Elite Trading Journals 69 June 20th, 2010 04:14 AM


All times are GMT -4. The time now is 11:18 AM.

Copyright © 2017 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
Page generated 2017-12-13 in 0.16 seconds with 20 queries on phoenix via your IP 54.227.51.103