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How did you learn what you know about trading?


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How did you learn what you know about trading?

 
 
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: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537

How did you learn what you know about trading?

Total votes: 272
 


Please vote and discuss!

Mike

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blackgrey45's Avatar
 blackgrey45 
Marco Island, FL
Legendary Market Wizard
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL ES ZN MGC E6
Frequency: Several times daily
Duration: Minutes
Posts: 760 since Jul 2022
Thanks Given: 859
Thanks Received: 904

I've been trading for 14 years. Spent a lot of time on the CME website reading about products. Read every article of every piece of news about the products I like to trade. Also did plenty of google searches as well. Slowly got more familiar with various markets and how fundamental news affects each one differently.

Visit my NexusFi Trade Journal
 
Shihab56
Tangier Morocco
 
Posts: 1 since Nov 2023
Thanks Given: 0
Thanks Received: 1


I ve been 3 years searching and testing strategies and indicators

Thanked by:
 
 GunTanTrapDaddy 
Vancouver, WA/USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL, and YM
Posts: 5 since Feb 2017
Thanks Given: 3
Thanks Received: 11


Big Mike View Post


Please vote and discuss!

Mike

I purchased a few courses, but mostly trial and error, and have blown up my account many times. Still trying to find that long-term solution. Very difficult to find something that works consistently, and year round. Summer months seem to slow down, and market doesn't seem to move as much.

 
 crossover 
Brussels Belgium
 
Experience: Intermediate
Platform: ninja
Frequency: Every few days
Duration: Minutes
Posts: 140 since Jun 2009
Thanks Given: 396
Thanks Received: 326

I am convinced that, you as trader, have to find your own tradings system . You as trader have to feel comfotable and must trust your system 200% and al that to make money.
I never buy a system. I prefer to give money to a system thats learing you yo be consistant profitable. No need to copy trades as you learn nothing with that.

 
 
deaddog's Avatar
 deaddog 
Prince George BC Canada
Legendary Market Wizard
 
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,283 since May 2013
Thanks Given: 183
Thanks Received: 3,962

I learned about trading because I didn't like the wild ride that resulted with "Buy & Hold"
I figured there had to be a better way, and there is.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
 
 
faithdefender's Avatar
 faithdefender 
Salem VA USA
 
Experience: Intermediate
Platform: Oanda, NT8, TradingView
Broker: Oanda, TorS
Trading: Stocks, Currency Futures
Posts: 165 since Jan 2019
Thanks Given: 128
Thanks Received: 117

Having spent thousands of dollars due to my shiny objects syndrome, the only thing I have consistently done right in my trading career is watch MitchRay I have learned more, and made more progress with understanding Technical Analysis from him for free, than anything I have done with the most expensive indicators. And he has never charged me a dime. Of course, I could pay for his monthly subscription, but I dont trade enough Bitcoin related assets to make it worth my time.

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JMAL's Avatar
 JMAL 
Houston Texas
 
Experience: Beginner
Platform: NinjaTrader 7
Broker: NinjaTrader Brokerage
Trading: ES, MES
Posts: 92 since Jul 2014
Thanks Given: 78
Thanks Received: 70

I learned my trading foundation following Mack of Price Action. I followed him and still do but not as much since 2014 when I became a member here. I now venture out on the internet on occasion to see other traders methods and have implemented a couple into my trading. Overall I learned by the Internet and spent probably less than $300 on Mack's web site and his literature.

Follow your Plan
Thanked by:
 
hCore
Ljubljana, Slovenia
 
Posts: 26 since May 2022
Thanks Given: 15
Thanks Received: 29


Big Mike View Post


Please vote and discuss!

Mike

Screen time, trial and error & free online information.

Thanked by:
 
OPerlejohn2of3
Tacoma, Washington
 
Posts: 2 since Dec 2022
Thanks Given: 2
Thanks Received: 5



hCore View Post
Screen time, trial and error & free online information.

I don't follow any special system, I do spend a lot of time reading and watching and talking. In the end I follow my intuition and instincts and go the way the knowledge I have after that takes me. It is a full time job but can be very well paying if I stick with it. Rough to do right now that I have lost a wife after all the years of her Alzheimer.

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