Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
If you are 18 YO, you have a great head-start on the rest of those older folks whose brains are simply not pliable enough to adapt to new ideas as they used to be, and to adjust the thinking patterns for what the next few years might throw us for a loop in trading.
I envy your youth and potential. Rocksolid, are bits of your brain available for sale, maybe on E-Bay? I was born a couple decades too early, darnit! I want a 40-year handicap! Whaaa!
I really have found the room helpful, Alex! Hearing your thoughts on the fly helps clue me into things I may want to add into my consideration.
I really wouldn't change much about the room. However, I too would love to see the other charts you look at.
Also, when you enter trades, I would like to hear your plans about risk management... Where your puke point is, etc. That is an area I struggle with in my trades.
Not really a room suggestion, but I was wondering if you could post a summary external factors that you keep an eye on that move the market from the outside. For instance, I've heard you mention things like ECB, OTFs, and various news announcements as something you take into account. I'd like to research those things more, so if you could just post a brief summary of the things "off-chart" that you watch, I'd really appreciate it.
(btw, I would definitely vote no on the music as well.)
Thank you so much for doing this room for free! The fact that your doing it for free just shows that you're just wanting to help others and that makes me trust your thoughts so much more. I really appreciate the time and effort you're putting into it.
I really enjoy this room and I'm thankful for your generosity and willingness to provide educational value to this community.
Good:
- I like how you take the time to answer everyone's questions, even if you are not using the same charting platform as others. You still ask around to see if others can help.
- appreciate your calmness and coolness while in a trade, especially if your position is against you or after taking a loss.
- you show maturity and willingness to help.
- today, you did a very good job explaining the locals vs OTF participation. Please keep doing this
Suggestions:
- Knowing your puke point on every trade would be nice
- Display other charts higher than a 2minute
- starting at 9am or before and go over your context and plan of attack. Don't need to wait for others to join the room
- Maybe on every trade, state who is in control of the market, locals vs OTF participation
The room has totally exceeded my expectations. The atmosphere is great, not too much non-trading related chatter, yet we still have laughters quite often. I’ve learnt a lot from various trading journals on the site, and it’s very cool to see those traders in the room. Thanks for your generosity to share your knowledge and bringing us together. Answering questions on the fly when you have to keep an eye on the market and manage your trades is no easy task, but you handled every situation with incredible maturity and did a excellent job explaining everything. It’s amazing that you can be so calm during a trade. Yesterday after you entered a trade, it chopped around for a while before it finally going. I tend to be stressed when that happens and end up get out early. But you didn’t let it bother you at all. You've also shown incredible discipline to not over trade and hold your winners and let them run. I feel trading psychology is the toughest element new traders need to master, and although I know the concepts such as each individual trade outcomes doesn’t matter in the long run, but just knowing the concepts is not the same as living in them. You clearly displayed a “carefree” state of mind when you trade. Witnessing you doing it everyday is extremely inspiring, and the impact is more powerful from you than from a trading veteran.
One suggestion from me is in the morning before market open I scramble to finish my to do list, but also don’t want to miss your analysis. Maybe you could set a time to start pre-market analysis, say 9.20ish or any time you think best, so we all have a time to shoot for and manage pre-market time more efficiently.
Couldnt make Friday but I agree with NewLevel your room has by far exceeded my expectations ..questions answered pronto even mid trade which is remarkable .
A pre open ETF chart as BobWest mentioned wouldnt do any harm but otherwise top stuff Alex. Having navigated
the murky waters over on the FX side your Room really is a breath of fresh air and your money backs your calls win
or lose not to mention the fact that you are the real ICE CUBE
Excellent stuff Alex .. a great place to learn where the sparks are flying.
Isn't the reason martingale being banned from casinos is because it works well? Otherwise am sure they would be encouraging it. And if you have an edge then even better. I get what you mean though.
It looks like the bearish hypothesis is playing out!
M-PP and YTD +1SD are holding! Market is not ready to go higher yet! Let's see if we can break M-VWAP to the down side. If this happens, I think Brexit lows are in the making
I'm sure if you called up your local casino and told them you wanted to drop by and play a martingale system on one of their games they'd welcome you with open arms. The house always has the edge in the casino and if they feel they don't they will refuse your action.