NexusFi: Find Your Edge


Home Menu

 





Brand spankin new newbie here


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one abdunbar with 1 posts (0 thanks)
    2. looks_two TRADEDAYS with 1 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Itchymoku with 1 posts (1 thanks)
    1. trending_up 1,329 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

Brand spankin new newbie here

  #1 (permalink)
pcakes
Worcestor, MA USA
 
Posts: 1 since Nov 2013
Thanks Given: 0
Thanks Received: 1

Just a little about me. Worked 2 jobs for most of my life. I'm now 40. I kept all my savings in the bank until 2009 when i got sick of the super low interest rates. So I kept looking for a better alternative and became interested in stocks. I decided to learn about stocks and dividends. I guess I was lucky to get in at the time. I became a buy and hold guy. Then as I became more interested in the market, I started to swing trade. I had my ups and downs. Now after 15yrs in the IT world, my job was outsourced to India. I did not want to go back to the IT world and be just a number again. I wanted to be free from 9 to 5. So I decided to be my own boss. I purchased a 4 apartment building and am looking for another, but I also want to learn the art of day-trading. So as I searched the web for trading forums, I came upon this one. Before this post I've watched hours of videos and read many posts and want to thank everyone who worked to make that possible. I know right of the bat that my inner mind will be a issue I will need to get a grasp on. There is so much to comprehend my heads a spinning!

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
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
25 thanks
Tao te Trade: way of the WLD
22 thanks
My NQ Trading Journal
16 thanks
HumbleTraders next chapter
9 thanks
  #3 (permalink)
 abdunbar 
El Paso, Texas
 
Experience: Intermediate
Platform: Ninja
Trading: Euro
Posts: 27 since Jan 2011
Thanks Given: 32
Thanks Received: 31


Welcome,

I think you have found a great place. I recommend the webinar "afternoon with Big Mike" or something like that. It is a great intro to the Forums and trading. I also recommend NinjaTrader. It is free for practice and you can minimum fund a small account to get live data. Or maybe Ninja can be used at TOS? Anyway, Ninjas sim is very realistic. Slippage in sim is very similar to live. Lots of controversy over sim vs. live. for sure if you can't be profitable in sim you won't be profitable live. the reason we can be profitable in simm and not live is because since it is not real money we don't treat the trade the same way we would a live trade.

Again if you haven't heard the above webinar, Big Mike recommends keeping score by some other means than profits. Find a way to grade your performance.

all the best,

Archie

Reply With Quote
  #4 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681

If nothing else watch the where to start webinar. Imho as a newbie I could have shaved off months of wasted time and money by just watching webinars by experienced traders on here. I definitely think the true value of a membership is the vast array of webinars. It's a steal.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
Thanked by:




Last Updated on November 23, 2013


© 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