Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
From the Beginning...my journal of starting from scratch
Still doing a lot of reading. I have been reading some articles about the E-mini S&P 500 as it is what I want to trade when I get started. Learning about Gaps, how news affects the movement, etc. I haven't had too much time the past few days though as I have been tending to my family but I'm trying to get an hour in here and there. A book I am just now starting is:
A Complete Guide to Day Trading by Markus Heitkoetter
Should take me a while but I wil update on things I learn as I go along. Till next time!
Can you help answer these questions from other members on NexusFi?
I just don't understand some of the words used but I am getting through it by looking them up as I go. I'm just so new that all of the ideas, concepts, and lingo are very foreign to me. I am learning about gap-ups, down trends, indicators, etc. and it's all very interesting! Thanks for keeping up with me DBPhoenix!
7/17/15
I'm about a quarter of the way through the previously mentioned book and it is helping me understand trading very well. I am currently working on putting together my trading plan and should be working on a trading strategy within the next few days.
Sorry guys, been super busy lately and haven't finished that book yet. Life has been getting in the way a bit. I am getting back on track starting tomorrow. I have moved a desk we have out of our bedroom and into the living room and will be using it for my reading/studying and it will be where I set up my computer for SIM training. Sorry about the long delay, training and studying to commence in 3...2.....1......
ok let us know. I was trying to private message you about how to set up the sim training on ninjatrader...but it says I need 5 or more posts on the forums. I'm also a newbie but I've been a sponge and soaking everything up!
You can do it directly from the ninjatrader website. They will provide you with a trial account name and password so that you can SIM in real time. I like it a lot but I am trying to avoid it for a little while until I get my knowledge base up a bit as per what @DbPhoenix said about developing a plan and a strategy first. I am working on my plan as I read through this book and should be developing anew idea about my strategy soon.
I'm glad to see you're also learning the trade, it seems like a very exciting adventure for us and I wish you all the luck in the world at succeeding!
Thanks @slimphatty for the link, I'll have to check it out.
7/30/15
So I decided to become an Elite member here a couple days ago! I feel like it was worth it to access the elite only information, and since this forum has helped me to get started, I feel that the info I am receiving is worth way more than the cost of becoming elite. Thanks @Big Mike for the wonderful forum and the wealth of knowledge you and others have compiled here over the years!
I am going to get further in my book tonight after my brief hiatus, i am about 2/3 of the way through it and hoping to be done with it by tomorrow night. After i am done, i will review the book and what i have learned from it, and hopefully i will have my trading plan finished by then
