NexusFi: Find Your Edge


Home Menu

 





Need a true Teacher Mentor


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Ty199 with 16 posts (27 thanks)
    2. looks_two spideysteve with 9 posts (7 thanks)
    3. looks_3 goodoboy with 7 posts (0 thanks)
    4. looks_4 DavidHP with 5 posts (26 thanks)
      Best Posters
    1. looks_one Miesto with 6.3 thanks per post
    2. looks_two tigertrader with 6 thanks per post
    3. looks_3 DavidHP with 5.2 thanks per post
    4. looks_4 Ty199 with 1.7 thanks per post
    1. trending_up 44,791 views
    2. thumb_up 317 thanks given
    3. group 520 followers
    1. forum 139 posts
    2. attach_file 6 attachments




 
Search this Thread

Need a true Teacher Mentor

  #31 (permalink)
 gregrnoe 
Denver, Colorado
 
Experience: Master
Platform: TOS/TastyWorks
Broker: TOS/TD ameritrade
Trading: Emini ES/NQ
Posts: 18 since Jul 2018
Thanks Given: 14
Thanks Received: 34

Hey Ty, see my private message. I would be glad to help you improve your success odds. Reach out to me ASAP. Take care.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
MC PL editor upgrade
MultiCharts
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Diary of a simple price action trader
26 thanks
Just another trading journal: PA, Wyckoff & Trends
23 thanks
Tao te Trade: way of the WLD
20 thanks
My NQ Trading Journal
19 thanks
HumbleTraders next chapter
9 thanks
  #32 (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: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


gregrnoe View Post
Hey Ty, see my private message. I would be glad to help you improve your success odds. Reach out to me ASAP. Take care.

Are you a vendor? Do you have, or are related to, any product/service?

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #33 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,381
Thanks Received: 10,205



Ty199 View Post
Really need help to learn. I have been trading for about 4 years and lost so much money. I paper trade and did use real money until I finally learned that I am not doing any good loosing my money. I have tried so many set ups, indicators all that stuff but cant get the solid foundation to start with. Im missing something somewhere and have been trying so long to find what it is. I want to learn ! I have to learn ! This is what I want to do... Even after all the lost money, failing and feeling like crap I still have a drive to do it and it has not slowed down. I am not getting something somewhere. Looking for a true person or group to teach me. I dont want to follow someone I want to be on my own after I learn. Recommendations on where to look and start ?

Okay I'll say what nobody else seems to have said.

Even though you'd love this to work have you ever considered that maybe this isn't for you and that you should move on?

I'd love to be an NFL Middle Linebacker but it ain't ever going to happen no matter how much I love it or how matter I try.

Reply With Quote
Thanked by:
  #34 (permalink)
 
QCDragon's Avatar
 QCDragon 
Columbus, OH USA
 
Experience: Intermediate
Platform: Jigsaw Tradr+MultiCharts
Trading: eMini ES
Posts: 3 since Feb 2016
Thanks Given: 1
Thanks Received: 2

Check out Jigsaw Trading platform and the work of Peter Davies (Jigsaw's creator) and John Grady who trades treasuries on the Jigsaw platform.

Worthy of your time...

Sent using the NexusFi mobile app

Reply With Quote
  #35 (permalink)
 gregrnoe 
Denver, Colorado
 
Experience: Master
Platform: TOS/TastyWorks
Broker: TOS/TD ameritrade
Trading: Emini ES/NQ
Posts: 18 since Jul 2018
Thanks Given: 14
Thanks Received: 34


Big Mike View Post
Are you a vendor? Do you have, or are related to, any product/service?

Mike

Hi BM, I am not a vendor. I sell nothing. I am a successful trader.

Reply With Quote
Thanked by:
  #36 (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: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


gregrnoe View Post
Hi BM, I am not a vendor. I sell nothing. I am a successful trader.

Why not post in public? Instead of spending all of your time (the most valuable commodity on earth) in a single private message thread, if you make public posts then tens of thousands benefit simultaneously.

Plus, your kind of post is notoriously suspicious -- in my experience, it usually indicates you want to "recommend" something for them to buy or subscribe to, but don't want to get banned so you do it in private. Of course, "usually" does not mean "always". I'm sure you won't be doing anything like that...

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #37 (permalink)
 Kb111169 
Alexandria, La./ USA
 
Experience: Intermediate
Platform: Sierra/Metatrader
Trading: Futures, Oil
Posts: 12 since Jun 2015
Thanks Given: 1
Thanks Received: 1

I’m in the same boat. YouTube and Internet are my friends. I’m using Sierra Charts / MNQ single contract to start. All automated in c++ now. It is hard. Especially in this market. What worked great two weeks ago didn’t work last week. Once I dialed into what works last week, it didn’t work on Friday probably because of the jobs report. I spend 90% of my time backtesting and 10% of the time sitting on my hands trying to let the algo run its course without me taking control.

Kevin


Sent using the NexusFi mobile app

Reply With Quote
  #38 (permalink)
 
exiledgoblin's Avatar
 exiledgoblin 
Toronto, ON
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp Futures/CQG and Interactive Brokers
Trading: ES
Posts: 73 since Aug 2009
Thanks Given: 7
Thanks Received: 20


Ty199 View Post
Really need help to learn. I have been trading for about 4 years and lost so much money. I paper trade and did use real money until I finally learned that I am not doing any good loosing my money. I have tried so many set ups, indicators all that stuff but cant get the solid foundation to start with. Im missing something somewhere and have been trying so long to find what it is. I want to learn ! I have to learn ! This is what I want to do... Even after all the lost money, failing and feeling like crap I still have a drive to do it and it has not slowed down. I am not getting something somewhere. Looking for a true person or group to teach me. I dont want to follow someone I want to be on my own after I learn. Recommendations on where to look and start ?

I can feel your pain!

My first bit of advice is quit. Only a tiny minority (3-5%) of people who try to day trade futures ever make any money. In other words, you have as much chance of winning this game as you do winning a gold medal at the Olympics.

Second, avoid the snake oil vendors. Anyone who offers to sell you magic red/green (buy/sell) indicators or their "never before revealed secret" knowledge that will have you making money in a month or so is in all likely-hood a con artist.

Third, if you are still reading at this point, you need a mentor. You are not going to figure this out by yourself by buying a $200 course or $2000 magic indicator. Find a real trader with a real (verified) record of success and become an apprentice. Unfortunately that costs money and most of the retail traders out there are severely under-funded and don't want to spend their precious and limited capital for training. But there is no alternative. Imagine deciding to become a brain surgeon and insisting on teaching yourself everything you need to know.

I wish you the best!
exiledgoblin

Follow me on Twitter Reply With Quote
Thanked by:
  #39 (permalink)
 
tigertrader's Avatar
 tigertrader 
Philly, Pa
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader
Trading: ES, ZB
Posts: 6,482 since Jul 2010
Thanks Given: 6,662
Thanks Received: 36,258


DavidHP View Post
You can use any system that has an edge for you.
The reason I suggested a mostly empty chart with just moving averages is because the exercise is to get screentime in the market of your choice. If you put moving averages on a chart you should understand their purpose. They are to show how extended from the 'average' price is. They give you and idea of the way the market moves above and below average and then returns. (rhythm).

I personally don't take trades from standard moving averages. My trading chart uses anchored VWAP mostly but I have at least one ema/sma on my charts.

Here is a chart I posted in a different thread.
I posted it to show how I was thinking short but the market was saying ??? You are going short when the market keeps bouncing from the 50. What are you thinking.
As you can see, the average shows the market is in a uptrend and shorting was not wise unless it was a scalp at the top of the rhythm waves. (there was more risk to be short)

50 Bounce (ES on 1000 Delta Chart)


Hmmmm, looks familiar!

Follow me on Twitter Reply With Quote
Thanked by:
  #40 (permalink)
 
faithdefender's Avatar
 faithdefender 
Salem VA USA
 
Experience: Intermediate
Platform: Oanda, NT8, TradingView
Broker: Oanda, TorS
Trading: Stocks, Currency Futures
Posts: 168 since Jan 2019
Thanks Given: 130
Thanks Received: 117


I feel your pain. Having spent over 35 Grand and using it for Trading "education" with Online Trading Academy, AND, losing another 90 Grand on my live account, I feel your pain. I do not hold OTA responsible for the 90 grand, but the 35 grand that went toward education and specifically ProPicks, was a waste of money.

My recommendation, however, is to learn the Weekly and Monthly trend. I am finally making a few dollars with Forex (because you can trade pennies)ONLY if I follow this rule. And Do not trade against that trend. Wait for the price to get back to an area of supply/demand and only then take the trade WITH the trend.

Two inspirations that have helped me are Atlas FX on YouTube. If you can learn his event sequence, you can be helped. And, Mission FX is also my favorite to watch because his trendlines are so easy, they are often times ignored.

I am in no place to help another, but I can say I share your pain because I share the zeal to trade that you communicated. My zeal is to pay off medical bills because of a damn tick bite and moronic doctors who couldn't diagnose me. Nevertheless, Do not go against the trend. If you can identify where Institutions are taking the train, you can learn to hop aboard and ride it. I just did this with the USDMXN recently and made forty bucks. Because I waited for price to come to me instead of going to price.

Reply With Quote




Last Updated on March 29, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts