Wildman Wonders... - Trading Journals | futures io social day trading
futures io futures trading


Wildman Wonders...
Updated: Views / Replies:718 / 3
Created: by wldman 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 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

Reply
 
Thread Tools Search this Thread
 

Wildman Wonders...

  #1 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,072 since Aug 2011
Thanks: 969 given, 2,631 received

Wildman Wonders...

about all kinds of things all the time and how they relate to trading.

I've though about a journal, but then though better of it based on what I've seen happen to others that have tried to "share". What happens then is that I post something somewhere and it does not belong there or I "hijack" someone elses thread. Both are somewhat disrespectful. So, I decided to start my own thread under "journals" so that I could "journal" my thoughts. Maybe that means share methods, indicators or ideas. I'm not really sure.

So today I came across a little video and it reminded me of a few discussion threads here and elsewhere about "coin flip", "random" lines and the Holy Grail.

My opinion is that the big difference between the winning trader and everyone else is never the indie or the method...it is almost always the trader. So here is the video. Looking for comments or discussion on what you think "makes" or "breaks" in this business.


Reply With Quote
The following 6 users say Thank You to wldman 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)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received



wldman View Post
about all kinds of things all the time and how they relate to trading.
So today I came across a little video and it reminded me of a few discussion threads here and elsewhere about "coin flip", "random" lines and the Holy Grail.

My opinion is that the big difference between the winning trader and everyone else is never the indie or the method...it is almost always the trader.

Looking for comments or discussion on what you think "makes" or "breaks" in this business.

Your video reminds me of how differing perceptions of events can influence our future decisions. If we're not in the bunker during the explosion/implosion and look in at a later date (how much later may also impact our perception) we may derive grossly differing opinions of cause/effect based upon the carnage left behind. An example may be the different realities of Alan Greenspan and Brooksley Born when they peered into the LTCM (Long-Term Capital Management) bunker. To simplify my opinion, I believe Brooksley saw a bunker with a huge amount of un-exploded unstable gunpowder remaining intact, and Alan saw a cat that just needed a total bionic makeover, a total rebuild/restructuring using all and more of the synthetic parts that were available at the time. IMO, Brooksley's reality was/is the correct one. I know the video says either/or (dead/alive), but in the real (trading) world who agrees on anything, but we may agree a good attorney can win a case from either side of any argument.


"Looking for comments or discussion on what you think "makes" or "breaks" in this business."

Flexibility and replication are high on my make/break list. Hard and fast rules never worked for me over the long run, as a day/session trader I had to develop an intuition of my market. The hard part was trusting that intuition, and executing orders based on it. I agree it's not, "the indie or the method." IMO, this week (in the 6E) will be a good example. The Euro has a way of defying reality and especially so during times of thin sporadic trading sessions. As Spanish and Italian bonds traded near record highs the mighty Euro continued to rise (2-6am est). Friday was another example, I've been probing for a run from 1.3544 to 1.3626 and after a couple attempts someone saw fit to start a rumor. I thought I'd see a little more enthusiasm from frightened shorts covering and hit my target but prices soon fell. Then I thought this mornings run may break Friday's high and tag my target but the strain of those bonds (IMO) were to much. Some of my trades are just plain luck and if I don't honestly qualify them as such, they can wreak havoc on my statistics of reproducible trades (replication).

BTW, I'd like to see some of those Wave 59 charts


Last edited by Cashish; November 22nd, 2011 at 02:29 PM.
Reply With Quote
The following user says Thank You to Cashish for this post:
 
  #4 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,072 since Aug 2011
Thanks: 969 given, 2,631 received

Thanks Cashish

Love the insight. Maybe you are a visual metaphor guy like me? I am tied up this morning but I want to make a regular reply.

DB

Reply With Quote

Reply



futures io > > > Wildman Wonders...

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
     


All times are GMT -4. The time now is 04:15 PM.

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 2017-12-15 in 0.10 seconds with 18 queries on phoenix via your IP 54.90.92.204