(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.
Thanks trippen for the additional tips. Yes, Big Mike's videos are Great! He definitely did a great job in clearing up my HH/HL myth. Thanks again Big Mike!
Beth, btw good job on your futures.io (formerly BMT) photo albums, I think it's great and I really encourage the community participation with such things.
Also people can use this to store "setups" or trading related screen shots, too. Just throwing ideas out there.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
I rated their probability of success in ()strictly based on my instinct and nothing else. Appreciate additional tips/ideas/comments to enhance my PA learning. Thank you!
LOL, sorry - you've got nothing to be embarrassed about, if I was happily married still I'd be posting about it too It's quite an accomplishment these days.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post:
5 May Wed Trading Morning $57.50 after commission (back to MP)
It's another baby Green morning. I did a 1-contract one because my earlier attempts (at better prices) did not get filled. It's another Open Drive "down" morning and I was unable to identify a short entry based on Perry's 4-Range set-up. When the Lower VPOC 1161 got touched (no rejection), I spent some minutes to locate the next one. Should have it handy - lesson learned.
The next VPOC is 1154 and price went close enough to touch it @1154.75. Considering the time lost in finding it, I missed entering a long at a more favorable price. Actually my first long attempt was around 1157.50, then 1158 .. ..
At the time of writing, it's moved back to the previous day's value area (2nd 30-minute bracket). It may try to get as far as up to the Top VPOC (also yesterday's POC) at 1170.75 or simply trade within today's IB (it's over 10-point range). Well, just my expectation and forecast LOL!
Goals Accomplished:
1. Followed the Trade Plan (back to MP and Perry's set-up).
2. No Over-trade.
Confession: I did look at an ES Naked chart for price action occasionally .. haha ..
Have a Great day.
Beth (Thanks Mike for including a Photo Album link to his post. You are welcome to have glimpses of 2 "big" kids who are always young at heart .. smile ..)
The following 2 users say Thank You to wgreenie for this post:
Instead of finding the next VPOC, I could have traded with the Initiative Selling since no rejection and no responsive buyers on the drop!! It's just too early and I prefer having the first 10 minutes getting a feel ... Well, Perry's set-up did have a great short aligning with the MP Gaps Initiative Selling trade set-up (first big blue ellipse).
Funny that we had an Open Drive down pre and during market open, yet I can only identify long trades on the enclosed .. based on my limited PA knowledge!?
When I checked them against Perry's 4-Range set-up, both aligned.
Continue enjoying your day.
Beth (I will do market replay on CL later today.)
Last edited by wgreenie; May 5th, 2010 at 12:02 PM.
Reason: Included my observation w Perry's set-up.
ES went all the way up to the Top VPOC (also yesterday's POC) at 1170.75 with acceptance. Then proceeded to yesterday's VAH @1173.75 and stopped at 1173 with more selling.
I practised my MP set-up (Fade the Extremes) and sold 2 @1170.75 (tried higher price and did not get filled). It's lunch time and more uncertainty I've found. Got the first PT 4 ticks and tried to realize more with the second contract. It touched 1169.25 (my second PT) a few times without filling me. I moved SL to a tick in my favor and closed with another 4 ticks profit.
Done with my MP practice for the day. It's not an official sim trade LOL!
I'm glad that I have started seeing more in view of my limited exposure and knowledge. Well, I don't need to trade a lot .. a few high probability trades or even one will be Great!!
