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Hi. I've only been a trader for a year this month. And, I've already learned that it's a challenging profession, but an awesome way of life. And, I'm finally doing something I can really relate to and enjoy.
Recently, I've been trying to leverage my past careers when possible, because why not? I've been: a CAD/Graphics designer, an independent PC Support Guy, a Trainer, a Programmer, and most recently a Project Manager.
When I was getting lost what to do next, I decided to organize my trading world using my PM skills. That really helped me start to feel organized. Obviously, it's not really a project (except maybe the start-up part), but I WAS able to see strategy adoption as an Agile Iterative Event, which has helped me put things into little tabs if nothing else.
First I keep my little ideas cataloged. Then I take an idea and can do an iteration involving research, development, testing and implementation.
I'm hopeful that this new approach, plus the discipline, plus taking the advice I'm hearing on FuturesIO will help me out of my slump.
My best lesson this year has been: Don't re-invent the wheel. Follow the advice you're getting, even when it looks like a lot of work, and you're more likely to be successful. Especially when you're hearing the same advice from many sources.
Lastly, a saying I made up for myself a while back reminds me to hang in there when it's worthwhile:
Everything good is born in pain.
Most will welcome you. And don't worry about how you look if you start to post. You'll look just like the rest of us.... Working at it and trying to make it all work.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I started trading the high flying stocks of 1999, only to blow up my first account at the age of 17. This experience kept me away from stocks for a period of time and started to look into other ventures.
I started to get interested again, when 2007 showed up and I started to see certain actions that hit me straight in the gut and I moved everything to bonds, after seeing the a 13 % decline from the Peak. I got very lucky and I know it, but I was able to save my 401k.
You think I would be smart and buy toward the bottom, but I stayed in bonds pretty much until 2012. I knew I wasn't ready to trade, but I did read several books on portfolio management and have consistently performed well within market conditions, outperforming the SP500 most years. I always feel my luck will run out one day, but managing my accounts this way has worked well for me. I will continue to manage the majority of my money using these methods.
I'm actually in I.T. and specialize in Infrastructure, but I do have a Programming/Scripting Background. I now want open up a futures account and start trading Crude Oil and Gold. I have read "The Logical Trader" and this book resonates with me as Mark Fisher's methods make sense to me. I have tweaked them in a way, using some additional indicators that I have programmed in Trading view.
Feel free to message me about anything Markets or I.T in particular. All Feedback, comments and helpful advice are welcome.
Hello, I have been trading for almost 4 years. Just started in the Futures Markets. I cant say I am a consistence trader. Looking to actually learn and be full time. I would say I have been behind the screen learning to trade for more than 300 hours. That is just learning. I still have not figured it out to be profitable. I need to work on all aspects of my trading so I am still searching for what works for me. I figure if I follow the experts I will pick up on something soon. But glad to have a forum like. Never knew there was one that had alot of people willing to help. Glad I found it.