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Hello, I'm from Basque Country in Spain. I don't know much english but I'll try to do it good. My experience in trading is for 4 years, I work with mini s&p and spanish stocks. My results are bad, so I have to learn many things.
Actually a survey of over 400 traders on futures.io (formerly BMT) suggests 62% are profitable. But again, this type of response doesn't belong in this thread.
I want to keep this thread just for introductions only and not for discussions.
for your benefits, i tried to make the newcomers feel like they are not talking to an empty room and that they are welcomed warmly by some other traders who once upon a time were very much like themselves--wandering and lost in the sea of sharks....
as i recalled this is the second or third notices from you to remind me about your welcome thread....
so from now on, i shall refrain from welcoming your potential paid elite members.... which if it is my biz or org.... i shall be delighted to have every one of my potential paid customer welcomed by others of similar interests.... at no cost to me....
but this is yours biz..... so do what pleases you, mike.... and your wish will be effective immediately.
I started dabbling in swing trading 15 years ago, captivated by the technical aspect of price movement, and potential for profits. Had my ass handed to me, started reading technical analysis books, market psychology books, and money/trade management information. For about 5 years of swing trading, I had my ups and downs, but remained a break even trader. Long story short, 25 or so books later, I have been thru test 1 and 2 of the CMT (Chartered Market Technician) thru the MTA, and am now attempting trading full time. I am contemplating if I will go for the CMT designation, and ponder the question: Do I want to be a trader or a technical analyst? (Or both)
I am keenly interested in personal psychology, mindful expansive self-awareness, mass psychology, and technical analysis. I love trading from the zone...., that place of stillness, non-reactivity, clarity, fearlessness, and surgical concentration.
I day-traded equities in the past, index etfs, sector etfs, and have recently changed to futures. I trade the TF (Russell) and the 6E (Euro).
Even though I've been reading some posts of late this is my first post. I'm a newbie to trading but have had an interest in TA and charting for quite some time and figured it was time for me to give this a go. I know I will have some other questions along the way that hopefully some of you guys and gals could help me with. Until then I have this question and it's not about trading, it's about what happened yesterday in the markets.
I know that atleast the correlation between markets of late has been..
Gold goes up..stocks go down
Copper goes down.. stocks go down
Crude oil goes down..stocks go down
Bonds go up..stocks go down
Dow Transports go down..the Dow should follow
All these markets did what normally happens to make stocks go down but yet the stock market went up yesterday. Is this a possible divergence and a correction to follow or is this no big deal cause this happened in one day? Does this happen often or is this a rare occurence that people should take heed? Thanks