C
C.D.A.
if you're someone that wants to get started trading futures or if you're just someone with a question that's come up after trying to trade successfully, feel free to reach out and I'll do my best to help.
I'm not going to initiate any posts after this one because it just doesn't seem worthwhile to do so here, but I remember what it was like 25+ years ago when I got started and had to figure out most things on my own. There's no reason for anyone new to the markets to have to do things that way anymore.
I trade futures and futures options successfully, and what I mean by that is that trading IS my source of income and has been for many years. My intention isn't to offer specific instruction on HOW to trade, but to answer more general questions you may have that you can't seem to find a reliable answer to.
I do not sell anything and I do not speak for anyone that does. I am NOT a Day-Trader and do not believe that Day-Trading is a reliable way to achieve long term success in the markets. You will not get rich quickly by trying to trade futures or options, but if you start slow and conservative and do not hop from one "guru's" system to another, it is possible to succeed.
If you're new, look to define success by simply having a positive year, even if that means a 0.5% return. The vast majority of people here can not and do not even do that. If you can go through a year and the result is that your account is not lower than when you started, then you can hone what you've been doing to build on that.
There is absolutely no reason that you should need to focus on more than three different futures markets. In fact, you only need one. Each market has its own "personality," and you can be successful in one and fail terribly by trying to trade a different market in the same way.
You do not need indicators to be successful and you probably should not even look at more than a few, if any. By "indicators," I do not mean raw data like Volume or Open Interest -- I mean the squiggly lines that are created by manipulating the raw data like Volume, Open Interest, and Prices.
Feel free to PM me if you have a question that you can't seem to find the answer to on your own. Maybe I'll be able to point you in the right direction.
Other than that, good luck to you and remember: Those of us that consistently take money OUT of the markets are mostly taking it from those of you that are not!
I'm not going to initiate any posts after this one because it just doesn't seem worthwhile to do so here, but I remember what it was like 25+ years ago when I got started and had to figure out most things on my own. There's no reason for anyone new to the markets to have to do things that way anymore.
I trade futures and futures options successfully, and what I mean by that is that trading IS my source of income and has been for many years. My intention isn't to offer specific instruction on HOW to trade, but to answer more general questions you may have that you can't seem to find a reliable answer to.
I do not sell anything and I do not speak for anyone that does. I am NOT a Day-Trader and do not believe that Day-Trading is a reliable way to achieve long term success in the markets. You will not get rich quickly by trying to trade futures or options, but if you start slow and conservative and do not hop from one "guru's" system to another, it is possible to succeed.
If you're new, look to define success by simply having a positive year, even if that means a 0.5% return. The vast majority of people here can not and do not even do that. If you can go through a year and the result is that your account is not lower than when you started, then you can hone what you've been doing to build on that.
There is absolutely no reason that you should need to focus on more than three different futures markets. In fact, you only need one. Each market has its own "personality," and you can be successful in one and fail terribly by trying to trade a different market in the same way.
You do not need indicators to be successful and you probably should not even look at more than a few, if any. By "indicators," I do not mean raw data like Volume or Open Interest -- I mean the squiggly lines that are created by manipulating the raw data like Volume, Open Interest, and Prices.
Feel free to PM me if you have a question that you can't seem to find the answer to on your own. Maybe I'll be able to point you in the right direction.
Other than that, good luck to you and remember: Those of us that consistently take money OUT of the markets are mostly taking it from those of you that are not!