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Returning to the trading arena - An origin story


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  #1 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

Greetings and salutations to all fellow traders,

I've resisted the trading bug for many years however I've started to hear the call of the markets getting louder.

When I first started trading it was in the .com bubble, I started with with stocks and mostly picked on recommendations,
It was a great time to ride the bull and I can recall taking a position on Qualcomm in 1999 sadly not for the full 2600% rise however a good inning non the less. As a young man/boy my starting capital was rather low however it was enough to hook me in.

Life of course tends to take you in another direction and so I went to University to become a Games Developer, during this period the TA aspect fascinated me and I read as many books as I could. A few good TA based day trade trades (most likely lucky) spurred me on. However the realisation of the $$$ potential was mind changing for me.

I saw it all as a game and become more interested the volatile zero sum game of futures.
E-mini futures seemed like the ideal arena to build an automated trading bot, I built my own platform however the trading dream was not so easy, an education of highs and lows.

The devil makes work for idle hands is very true of day trading....

After that I stopped trading and "got a real job" however I spent a lot of time on studying the psychological aspects of trading and feel that maturity/self discipline in general has been a good thing.

I feel the time is right to return, I do not know which way it will go however hopefully this is a forum I can share the journey.

I call myself a beginner as there is always more to learn..


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  #3 (permalink)
chrisplecker
Charlottesville, VA
 
Posts: 21 since Apr 2014
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Thanks Received: 13


/ES is the holy grail. I don't have enough fingers to count the number of successful ($100K+ a year) traders I know within /ES. Only know 1 guy that trades stocks for a living.

/ES is very liquid. There people swing trading 100s of contracts, and there are people scalping 100s of contracts 2-3 ticks at a time.

Hope /ES treats you well my friend. It's usually a forgiving instrument but sometimes it will get ya. If you got bigger balls, try trading 10-25 contracts in /CL.


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  #4 (permalink)
 Lady 
Medellín, CO
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Playing with eMinis, coming from Options
Posts: 100 since Jun 2015
Thanks Given: 16
Thanks Received: 57

Great to hear. Have to say, as an old options day trader, I'm excited to get good at e-minis.

And ES reminds me of the old QQQ's.


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  #5 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
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chrisplecker View Post
/ES is the holy grail. I don't have enough fingers to count the number of successful ($100K+ a year) traders I know within /ES. Only know 1 guy that trades stocks for a living.


That's interesting, the only profitable traders I know focus on stocks and options.


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  #6 (permalink)
chrisplecker
Charlottesville, VA
 
Posts: 21 since Apr 2014
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Neo1 View Post
That's interesting, the only profitable traders I know focus on stocks and options.

I know one guy that made a killing in scalping TSLA. Turned $140K into over $500K, but I haven't heard from him in almost a year. I don't know if he went bust or what.


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  #7 (permalink)
 
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 AgentSmith 
Saint Petersburg, FL
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES
Posts: 68 since Jul 2015
Thanks Given: 88
Thanks Received: 30

I'm beginning by learning ES also and feel it will work out well for me. I hope you have all the luck you are looking for!


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