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Introduce yourself here!

  #6181 (permalink)
dchendrixson
Laurel, MD USA
 
Posts: 6 since Aug 2015
Thanks Given: 2
Thanks Received: 3

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.

I heard Adam H Grimes state in a podcast recently, "If you want to be a successful trader, I believe you've got to think in mathematical probabilities." That really hit home to me.

Happy Trading

DC

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  #6182 (permalink)
hayfields7
South Africa
 
Posts: 1 since Dec 2014
Thanks Given: 3
Thanks Received: 1

HI Guys...I am new to the Forum and this is my first post.
Trading is made out to be difficult and there are more losses than gains but
I am trading now for 4 yrs and find that as long as you keep your expectations real and stick to your method,
you will achieve good results.
I am using my own system with good results..i return around 20% per month with some months more than 20%.
I would like to post my system here so that it can benefit other traders(as it does for me) and tested and improved upon further. is this allowed ( I am not selling any systems)

hayfields

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  #6183 (permalink)
emurphy
Davao, Philippines
 
Posts: 1 since Feb 2015
Thanks Given: 0
Thanks Received: 0


Hello everyone;

My name is Eddie and I am new to trading. The first thing I noticed is there are so many dishonest people in this business. All have a superior training program; just pay an amount of money and you will be a wealthy trader in no time. I know enough to realize this is not realistic. I have read several books and it is just an introduction to this challenging and difficult industry. Like a lot of other people, I was forced into an early retirement due to the slowing economy, so I set out to find a way to make extra money. This endeavor, trading, has proved to be harder than I could imagine. One thing I learned very quickly is one has to be patient and wait for the ideal setup, and then you have a chance to be successful, although there is no guarantee of success even in the ideal situation. If one is experienced and consistently earns, I can see where it would be an exciting and rewarding second career.
I hope to meet others in this forum that are in a similar situation to mine.
Good luck. Eddie

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  #6184 (permalink)
 
petermypeter's Avatar
 petermypeter 
houston + Texas/usa
 
Experience: Beginner
Platform: NinjaTrade
Trading: futures
Posts: 1 since Sep 2015
Thanks Given: 5
Thanks Received: 0

My name is Pete

Hello everyone! I have been buying stocks for probably 10 years with that said, I can tell you I don't know what I'm doing.
This is my first anything that I have joined for stock trading. So eager to learn and glad to be here.

Thanks Pete

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  #6185 (permalink)
 passion 
Chicago, USA
 
Experience: Intermediate
Platform: MultiCharts
Trading: stocks
Posts: 1 since Dec 2011
Thanks Given: 0
Thanks Received: 0

Trading experience: Started with trading stocks , then moved to GC futures . Currently in ES. Would like to do ZN, working on the strategies for that too. I see ZN is less volative than ES. I had several pauses in my trading activity trying to search for a direction. Currently in 5 - 10 pt range for ES . Would like to improve to 10 - 20 pt per day.

Big Mike has been a great source of help. Thanks for all of you.

My trading type: Chart patterns & Statistical ( intraday ); currently i do not consider Yesterday or the trend
Sucess rate: ok, trying to improve.
Weak points: Loose big on trend days. Need to work on the risk managment for my strategy
Looking for: Other alternatives of confirmation for trade entry and exit
Currently exploring: Market profile , volume profile & more statistics.
Mentor: None so far. Looking for one, not sure where to look for.
Trading room: None, looking for a good one, which complements my strategies.
Softwares: MC; exploring Investor RT for market and volume profile.
Other instruements : TF ( morning session ) & GC
Initial Goal: Autmated strategy for 1st 1 hr of RTH session.

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  #6186 (permalink)
DanialFX
kuala terengganu
 
Posts: 1 since Sep 2015
Thanks Given: 0
Thanks Received: 0

Hello, Im forex trader. From Malaysia

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  #6187 (permalink)
thoruk
Tarragon
 
Posts: 2 since Sep 2015
Thanks Given: 0
Thanks Received: 0

Hello, this is my first post, i'm spanish and i'm trying to learn all about stock Exchange or some other kind of info i need to make it very well

Like you could see, my english isn't very good but i'd like to learn it at the same time i learn what i want

i expect to know you all, people that likes the same as me

( another time sorry for my english )

chaauuuu

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  #6188 (permalink)
 mltedrow06 
woodbridge, VA/US
 
Experience: Beginner
Platform: tradestation
Trading: futures
Posts: 1 since Sep 2015
Thanks Given: 0
Thanks Received: 0

Hello All,
Was just introduced to your site by a new trading friend. Am very new to trading, but would love to be able to make some supplemental income to start and then turn it in to a living in the new 5 years. Looking forward to learning from everyone on here! This looks pretty awesome! Thanks for making this possible.

Cheers,
Matt

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  #6189 (permalink)
ronbo67
Boston, Mass. USA
 
Posts: 2 since Apr 2015
Thanks Given: 4
Thanks Received: 0

Hello. I'm Ron. 68 yrs. old and interested in trying to find a way to learn the steps on trading. Where to begin, where to find information on what, where and when. I am having a problem with just my S.S. so I thought that learning how to trade would be a good way to supplement my income. After reading many many post and googling many sites it seems that it is one difficult task. So here I am trying to get a handle on everything. I'm so stupid I can't even set up ninja trader to work. How embarrassing is that? Pretty bad. I am here to plead with everyone that has knowledge of these steps to please tell me how to go about it. Thanks everyone. This is the most confusing site I have ever been on. I hope this is the correct place to be doing this.

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  #6190 (permalink)
brotherbutter
Vancouver BC/Canada
 
Posts: 1 since Aug 2015
Thanks Given: 1
Thanks Received: 0


Hello everyone!

I recently joined Big Mike's Forum looking for some opinions on trading software. I have been trading sim for most of this year and my focus is on futures. I feel that I am very close to going live, however, I am still struggling with what platform to use as IB is lame for charting and data. I'm hoping to connect with some like minded traders. To Big Mike: thanks for doing this for everyone, its a very useful resource with out all the marketing sewage. Well Done!

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