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I've been trading for about a year now and despite the ups and downs I'm still around! I'm keep looking for ways to up my game and that's one reason I'm joining this forum! Looking forward to learning with all of you.
hello ,
from Australia, been trading shares for 20+years , dabbled in futures 15 years ago but did not have the time then to
put into it , have started looking at futures again .. have amibroker pro. average user.. opened account just to sim trade at the moment .. in no hurry to go live .. until i feel comfortable. platform at the moment Multichart Net..
I am an intraweek swing trader who has been involved in the markets in some way or another since '99. I got started as a customer equity trader using money I made from selling a startup that failed miserably.
As a member of the "bull market geniuses", I eventually gave more than half of my unrealized earnings back during the crash. Unemployed and still convinced that I could be a real trader a friend of mine talked me into getting involved with the futures markets. Like most, I got my but kicked for several years, losing the little profit I had made during the bubble and then some.
Luckily for me, my girlfriends aunt had a boyfriend at the time who was a real pro. This guy said he only had a few losing days a year and I believe him. I know everyone says that it is impossible, but with the size he traded and some contest he had won in the past so I do not know why he would lie. Anyways after some coaxing he eventually agreed to teach me. Unfortunately he had some health issues and was really moody. I think a few people around here may know who I am talking about, so for the record I do appreciate everything he did for me and always will, but you know I am right.
Anyways, he made me draw my charts by hand and do nothing but homework for most of the first year. Whenever I tried to get straight answers about how he did what he did he always dodged my questions. Eventually I guess I had jumped through enough hoops and he started to actually teach me. Even though he acted like he was a system trader, he so called system was so complex it was really discretionary trading using multi timeframes.
It took about a year but eventually my discipline got straightened out and I started to get confident with it all and started live trading. After awhile we ended up having a fallout and I couldn't work for him anymore so I went out on my own in 2007. I managed to survive on my own although it was rocky at first but I got really lucky in '08 and '09 and ever since '10 I have been semi-retired, living a simple but good life while only having to spend a few hours a day at the charts.
However my situation has recently changed as I have a baby on the way and need to get more serious about my business. The last thing I want is to increase my risk levels again so it is my goal to pick some programming up and try and find some solid people to hire so that I can automate some of my methods. I may also do the series 3 thing and try and find other traders to work with on a fund.So I guess if anyone here is experienced with Ninjatrader programming or is a registered CTA and live here in the Bay Area, please let me know if you are interested in chatting.
I'm actually from Boston but live in Houston and am trading options.
I've made thousands, then lost it back more than a few times.
I'm here to learn!
RickB
It's been 2-3 months that i've been interested in trading reading a lot of books and trying different method on demo account.
no success sor far.
i'm learning murrey math PP and backtesting at the same time.
and also learning about camerilla too.
Hi Jkingcapital. I was a series 3 and commodities principal when I owned a broker dealer. Both of those expired, but I can pick them up again. I live in San Francisco and I'm leaning to trade. We could be a support group? Let me know?
I first joined this forum after receiving a recommendation to do so from another trader. I was looking for information related problems with a brokerage/live feed.
I also watched an 2 hour video put on by Big Mike for a major software provider.
Then I received a message that I hadn't participated. Didn't realize it had been that long and I didn't read the instructions to begin with what was expected from members.
That said, as soon as I read Big Mike's example, I said, "that's me !" I could relate so much to what you said.
I started trading stocks in 1987 after the crash. I learned the Benjamin Graham/Warren Buffett value investment way and used Value Line religiously to select my stocks. I guess I was really an investor, not a trader. I made enough to buy a home in 1995. It felt good. I thought I had a great investment in real-estate. I soon learned your home is not really an investment. It was a liability.
In 1996 I started trading options on stocks. You just had to use call options on hot tech stocks, especially before earnings. When earnings came out, many had insane stock splits. I made so much money like Big Mike that if I told you how much you would start crying or simply not believe me. After the crash I blew up 80 percent of that account.
Waited because of fear, then got back into trading in 2003. But I believed a silly software system could turn my fortunes around. So I lost a another 30 percent before I said "enough."
In 2008 I started up again trading options on stock indexes. I made a comeback again when I bought a bunch of puts and had great timing for the 2008 crash. It was really luck. But the same problems still plagued me because I had no real trading system or plan.
In 2010 I decided to give futures a try. I joined a great organization that uses Quantitative trading. Best of all I now have a trading coach/mentor. But my broker was PFG and when they went belly up I started to wonder what in the heck I was doing. After a pause I realized it wasn't me so I've continued. I love the great leverage the futures markets offer with less risk in my opinion. Don't take me wrong, there's tremendous risk with any trading, especially if you do what I did for the first 15 years.