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)
I have been a swing trader in stocks for quite some time and am interested to learn the futures markets. Would love to gain wisdom and knowledge from all the experienced traders and boarders on this forum.
Alcom
Can you help answer these questions from other members on NexusFi?
I'm brand new here but have been a student of trading for past five years. I've been through all the 'snake oil" hype and understand trading is a business for serious minded, well disciplined people.
I have develop a very interesting trading method based upon a combination of JM Hurst, Roger Babson, Wykoff and Andrews and would love to exchange ideas with anyone who has worked in these areas. I trade mostly the futures indexes and currencies.
Look forward to hearing from you and happy trading
Hello traders,
My name is Troy. I am beginning my venture into the trading world and thank you all for this site. I look forward to learning from you all and hope to contribute some great knowledge in the future myself. Happy and successful trading to you all.
Hello traders,
I am on the other side of the planet, New Caledonia in the south Pacific to be precise. Many years of trading experience, former crude oil trader, i have been trading fx, stocks, options and futures a long, long Time ago as a pro. Décided to follow a différent career path years ago, but always kept an eye on the markets.
I shaped up my trading strategy recently in order to become active again. Because of my timezone and my crurrent professionnal activities I only have a few hours that I can trade during the day.
The best for me, for recasons that I wont develop here, is to trade the first 4 to 6 hours of the London trading session on currencies futures, and maybe a few other liquid contracts during that timeframe. Depending on the way the day shapes up I can spend between 2 to 6 hours of trading, which gives a few good trading opportunities...usually.
As for a lot of us, once you have an acceptable, reliable and consistant trading strategy, the challenge is to keep it togheter on the money management side. That will be my challenge anyway.
I am using Tradingview as my plateform, and am quite happy with it. It is efficient, user friendly, fairly cheap and seems to provide good data feed. My broker is IB and although they have a good reputation their platform TWS is quite difficult to use. Having said that I didnt really took the time to work it out.
So I am looking for any views, advices on this combination, or any recommandation on a good broker, suggestions on contracts, products that would fit my timezone and availibility constraints.
Thanks for your help guys and IWish you many, many successful trades.
Cheers
Hi,
my names is Angelo from Milano/Italy. I do not have lot experience in trading, I am trying to learn.
I started 1 yrs ago studying Futures and Option, but honestly I spent lot of money with boasters, and no result till now.
I like the idea to mix up Option and Future strategies but I did not meet who really can help me with my million questions
The funny thinks is that I do not believe in magic indicator or strange secret , i believe in hard study and work . even though I studied hard I have not reached any result till now.
I read about self-discipline, psychology issue and how our fear can act on our decision making process.
Basically, I studied order-flow and price action , but probably I did not get something important. I like VWAP and Volume profile, because for my mind are logical.
Some of you can suggest me some reading ? Or some one can just help me to improve....
Currently I am trying to make money in ES and NQ, I set up my trading with 2es/4nq point gain and 2es/4nq point loss when my entry point is weak, when is strong 4es/8nq point gain 2es/4nq point loss.
I use to go long when price is above the vwap and is pointing up, conservative on retracement according with volume profile, aggressive on BO when I see strong buyer coming in. Some time i try the ES reverse trade when the price is 15/20 point far away from vwap and level 2 showing me big limit order.
Short is the contrary.
Apologies about my English I think is clear I am not English native speaker
A.
Hi Angelo,
it seems you know what you're doing. That's something not many aspiring new traders know.
Can't say something about your approach, but what I can say is: always risk as little money as possible so long as you're not really a winner in the long run. There is a frequent saying in the trading world that says don't risk more than 1.5%-2.0% of available capital.
Really?
10 losses in a row (that can and will happen) and you're at -15% drawdown!
Happy trading!
If it's Futures and Options that is your chosen subjects, then I can highly recommend Jonathan Rose @ Active day Trader. Not intra day (which is how I started) but more swing trades (1-5 days). Obviously the strategy needs to fit your personality but I have consistently made money over the last 6 months, more than doubling my account.