Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Which products do you/do you intend to trade mainly?  

315 members have voted

  1. 1. Which products do you/do you intend to trade mainly?

    • Agriculture
      46
    • Energy
      95
    • Equities
      197
    • Equity Index
      138
    • FX
      234
    • Interest Rate
      39
    • Metals
      101
    • Other
      79


Recommended Posts

From southern Ontario , Canada. Followed a link over here about VSA analysis and read the thread, very good one indeed. I trade the S&P. Not a full time trader , although it takes up most of my free time. Interesting place.

erie

Share this post


Link to post
Share on other sites

I just wanted to stop by and thank James for this website.

 

I have lurked and learned so much here from so many of the regular posters. I have tried to trade full time on three other occasions over the past 14 years, each time only managing to break even and eventually having to go back to the 9-5 arena of working for others.

 

I have tried researching and applying every technique I could read about. Man, there is so much absolute CRAP out there! It's just like religion and politics, so many people believe so ardently in false principles and then begin to teach preach and prophesy and establish websites and chat-rooms in the name of their false God. Sometimes there *are* unselfish speakers of truth that try and freely give (ie; "The Rumpled One" for one) and get censored and banned because hypocritical conflicts of interest of others. Yet, there *is* truth out there. And no one man (or vendor) has it all. I have learned "Correct Principles" and now I "Govern myself".

 

After researching and rejecting mumbo jumbo like Gann, Fibonacci (which only works because lots of people believe it works), Elliot Wave, AstroCycles, etc; I have settled on statistical regressive analysis on an intraday time frame using momentum to "scalp".

I now have great indicators and analysis techniques, but, actual trading in real time was still missing "something". I was dissatisfied with the risk:reward ratio of many of the trades I was taking in the limited time I have to trade in the morning prior to my 9-5 "job".

 

I have finally made a breakthrough after hearing about VSA from some webinar somewhere and started doing research. That's how I found this site. It was like finding a treasure that I had always believed existed, but thought it was hidden by some complicated magic and secrecy that you always hear about in some vendor's spiel. I bought a few of the recommended books on the TL review list dealing with tape reading and watched the videos by James. Wow. It was like someone turned the lights on in a dim room!! I have so many ideas that I have researched and implemented that WORK! I now know when NOT to take a trade because I can see the underlying up/down volume is not confirming. I only take FAT obvious trades in the limited time I have.

 

I would say that, if I had the cash funds to cover the bills for 6 months (recent divorce settlements really puts a damper on things, eh?), I could trade for a living right now. However, being the prudent man that I have become (this isn't the first time I've tried this), I will probably go full time in the next 6 months as my trading account slowly grows to allow placing a large sum in a savings account.

 

To James (for contributing and controlling this website) and SO MANY OF YOU that unselfishly share yourselves here so often to help others like me. Thank you, Thank you, Thank you!

 

Bob Perry,

Los Altos, CA

Share this post


Link to post
Share on other sites

Hello there,

I am someone who has never traded before. I'm a full time student even tho I am on holidays at the moment. I am interested in the stockmarket because of the personal rewards it can bring and I am not just talking about money, tho that is nice. :o

 

My main interest in the stockmarket is selling put option spreads as I know people who have quit their jobs because of the cashflow it can bring.

 

So yeah, thanks for clicking on my first post! :)

 

greasy_pancakes

Share this post


Link to post
Share on other sites

Hey folks, just wanted to introduce myself really quick: My name is Brandon I'm a 24-year-old Econ and Finance student and trader in training. I've traded stocks and Forex with minimal success, and now have my sights set on futures. I've been a lurker on the forum till now, just absorbing all I can from everything I can find. This forum has been a been a wonderful source of knowledge, and is doing a great job of keeping me on track. Much thanks to you all.

 

Brandon

Share this post


Link to post
Share on other sites

Hi! This is an amazing site with a wealth of information. I hope to contribute something useful some day. But for now I can only read with awe at all the terrific insight and wisdom that are posted here everyday.

 

I have been investing in stocks for 10+ years now with modest success. I recently started learning about options and found the topic just fascinating. I wrote a few covered calls just so I would have some real vested interest in the subject. I plan to continue with just options, most likely covered calls and cash secured puts, for a few more years.

 

For me, investing is a hobby. I do it because I enjoy the process and not necessarily the money itself.

Share this post


Link to post
Share on other sites

Hello! I've been lurking for a bit, but I figured it was about time I make my formal introduction. I started dabbling in stocks almost ten years ago, but never found a trading style that really worked for me. It wasn't until just in this past year a good friend of mine turned me onto futures, and the lightbulb went off big-time! I now exclusively trade ES, alternating between 2 tick scalps and bigger plays of up to 4 points. Thanks to James I'm now trading with Infinity, while using Tradestation for charting.

 

My plan is to make this my fulltime job in the next year or so. Until then, my wife and I own and operate a petsitting business, which we've done for ten years now... you go out of town, and we come over to care for your pet while you're gone. So while I'm driving around to client homes, I have my laptop with a Sprint wireless card by my side, allowing me to trade during the day. It's pretty cool to have the market with you on the road... but placing trades at 60mph can be a bit of a challenge. :o

 

Let's see, what else of interest... my wife and I are parents to 13 dogs, 5 cats, 7 birds, 2 sugar gliders, a chinchilla and a bunny. The only thing that outnumbers animals in our house is guitars - I have around 40 of them. Been playing for almost 25 years, but the days of planning to make it as a rock star are just about over. So now I simply enjoy collecting them.

 

TL seems to be a great community. I've learned quite a bit already, and I look forward to discovering even more as I continue to spend time here.

Share this post


Link to post
Share on other sites

Welcome to the forums Disco, good to hear you are satisfied with Infinity. I am loving your pet count... I have a few cats myself but WOW! How do you manage all of them?

 

Looking forward to your inputs here Disco :)

Share this post


Link to post
Share on other sites
I am loving your pet count... I have a few cats myself but WOW! How do you manage all of them?

 

Well, my wife does most of the managing, so I can't really take credit for that! We started with one dog in 1992 (he turns 16 in February) and I brought home the first stray a little less than a year later. We got heavily involved in rescue work, and ended up with this foster staying, and then that foster staying, and so on. There was no plan to have this many, believe me! But we realized we were good at caring for them, and so here we are today.

 

10 of the 13 dogs are between 12 and 18, so we're facing a lot of loss over the next few years. We've had 10 dogs die in the past five years already. Not easy stuff to deal with. Our house is pretty low key, they all get along, and mostly listen to mom. Once I go full-time with trading, she'll be able to devote all her energy to them, which is what she's been wanting to do. I would strongly suggest against having as many animals as we do, and also running a petsitting business that can have you on the road 12 hours per day... not the best life to choose! :doh:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Similar Content

    • By freetrading
      I won $75 in the weekly CloseOption binary options trading contest.

      You can also win if you register for free using the link below.

      Every week there is a contest with a total prizes of $1,000.

      https://www.closeoption.com/referral/2121479907845

      Read CloseOption Broker Review and Find How to Receive 10$ Binary Options No Deposit Bonus
       
       
    • By Ninjatrader_Staff
      Trade Nano Bitcoin Futures & Get $100



      New Nano Bitcoin Futures allow traders to easily go long or short Bitcoin with commission-free trading, $25 margins & $0 market data fees. For a limited time, you can earn a $100 cash bonus* when you trade this contract from Coinbase Derivatives. Simply trade 100+ Nano Bitcoin contracts prior to August 31st, 2022 & $100 cash will be credited to your account. It’s that easy.
      OPEN ACCOUNT
      4 Reasons to Trade Nano Bitcoin Futures Contracts

      Significantly less capital required to trade
      Trade commission-free with just $25 day trading margins & $0 market data fees Go long or short Bitcoin
      Easily trade both directions by simply buying or selling contracts based on your market view
      Protect your assets in a regulated environment
      Trade a regulated product in a marketplace regulated by the CFTC to ensure your peace of mind

      Gain exposure to crypto without owning crypto
      Capitalize on market volatility while maintaining the benefits of futures including increased leverage, tax efficiencies, segregated funds & more.


      If you have any questions on how to start trading this exciting new Nano product from Coinbase Derivatives, please contact us at brokeragesales@ninjatrader.com.
      _______________________________________________________________
      *Program Requirements:

      Available for both new and funded individual NinjaTrader accounts. Trade 100 or more Nano Bitcoin contracts (50 round turns) prior to August 31st, 2022 to earn a $100 cash rebate. The cash bonus will be distributed as a $100 credit to each qualifying individual account in September 2022 Credits may be subject to US withholding taxes & any associated taxes are the customer’s responsibility. IRA and professional accounts are not eligible for this offer. Program requirements subject to change.

      RISK DISCLOSURE: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.
    • By Ninjatrader_Staff
      Nano Bitcoin futures are crypto futures priced right for all traders with $25 day trading margins, no market data fees and commission-free trading!
      Sized at just 1/100th of a Bitcoin, Nano Bitcoin futures from Coinbase Derivatives allow traders to navigate volatile markets with a contract size that fits any portfolio. Open your NinjaTrader account today & easily go long or short to hedge against Bitcoin price moves in a regulated marketplace.
      OPEN ACCOUNT
      4 Reasons to Trade Nano Bitcoin Futures Contracts
      Significantly less capital required to trade Trade commission-free with just $25 day trading margins & $0 market data fees Go long or short Bitcoin Easily trade both directions by simply buying or selling contracts based on your market view Protect your assets in a regulated environment Trade a regulated product in a marketplace regulated by the CFTC to ensure your peace of mind Gain exposure to crypto without owning crypto Capitalize on market volatility while maintaining the benefits of futures including increased leverage, tax efficiencies, segregated funds & more.
      If you have any questions on how to start trading this exciting new Nano product from Coinbase Derivatives, please contact us at brokeragesales@ninjatrader.com.
      Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.
    • By Ninjatrader_Staff
      Save on a Lifetime License!
      Open a new NinjaTrader Brokerage account by June 30th and save $100 on a new Lifetime license at a discounted price of only $999.
      OPEN ACCOUNT
      Along with access to the most powerful version of NinjaTrader, you will save even more with deep discount commissions at $.09 per Micro futures contract & only $50 margins.
      Your Lifetime license includes ALL of NinjaTrader’s premium features:
      Award-winning order entry options including Chart Trader & OCO orders
      Order Flow + tool set featuring the Volume Profile Indicator – NinjaTrader’s most powerful indicator to date
      ATM Strategies, advanced Alerting system, auto-close positions for additional risk management and more
      PLUS all future NinjaTrader platform enhancements are included at no additional charge – for life!
      Simply fund your account to lock in your savings. Once you have funded your new account, you will receive a discounted purchase link by email.
       
      Questions?
      Contact us at 312.262.1289 or brokeragesales@ninjatrader.com.
      *Platform License Discount Requirements:
      Account must be opened & funded in June 2022
      Discount is applicable to software purchase only
      2nd accounts for current NinjaTrader Brokerage account owners not eligible for platform discounts
      Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.
    • By Stocks4life
      $CDLX Cardlytics stock good buying at 29.29 support area https://stockconsultant.com/?CDLX

  • Topics

  • Posts

    • Thx for reminding us... I don't bang that drum often enough anymore Another part for consideration is who that money initially went to...
    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • How long does it take to receive HFM's withdrawal via Skrill? less than 24H?
    • My wife Robin just wanted some groceries.   Simple enough.   She parked the car for fifteen minutes, and returned to find a huge scratch on the side.   Someone keyed her car.   To be clear, this isn’t just any car.   It’s a Cybertruck—Elon Musk's stainless-steel spaceship on wheels. She bought it back in 2021, before Musk became everyone's favorite villain or savior.   Someone saw it parked in a grocery lot and felt compelled to carve their hatred directly into the metal.   That's what happens when you stand out.   Nobody keys a beige minivan.   When you're polarizing, you're impossible to ignore. But the irony is: the more attention something has, the harder it is to find the truth about it.   What’s Elon Musk really thinking? What are his plans? What will happen with DOGE? Is he deserving of all of this adoration and hate? Hard to say.   Ideas work the same way.   Take tariffs, for example.   Tariffs have become the Cybertrucks of economic policy. People either love them or hate them. Even if they don’t understand what they are and how they work. (Most don’t.)   That’s why, in my latest podcast (link below), I wanted to explore the “in-between” truth about tariffs.   And like Cybertrucks, I guess my thoughts on tariffs are polarizing.   Greg Gutfield mentioned me on Fox News. Harvard professors hate me now. (I wonder if they also key Cybertrucks?)   But before I show you what I think about tariffs… I have to mention something.   We’re Headed to Austin, Texas This weekend, my team and I are headed to Austin. By now, you should probably know why.   Yes, SXSW is happening. But my team and I are doing something I think is even better.   We’re putting on a FREE event on “Tech’s Turning Point.”   AI, quantum, biotech, crypto, and more—it’s all on the table.   Just now, we posted a special webpage with the agenda.   Click here to check it out and add it to your calendar.   The Truth About Tariffs People love to panic about tariffs causing inflation.   They wave around the ghost of the Smoot-Hawley Tariff from the Great Depression like it’s Exhibit A proving tariffs equal economic collapse.   But let me pop this myth:   Tariffs don’t cause inflation. And no, I'm not crazy (despite what angry professors from Harvard or Stanford might tweet at me).   Here's the deal.   Inflation isn’t when just a couple of things become pricier. It’s when your entire shopping basket—eggs, shirts, Netflix subscriptions, bananas, everything—starts costing more because your money’s worth less.   Inflation means your dollars aren’t stretching as far as they used to.   Take the 1800s.   For nearly a century, 97% of America’s revenue came from tariffs. Income tax? Didn’t exist. And guess what inflation was? Basically zero. Maybe 1% a year.   The economy was booming, and tariffs funded nearly everything. So, why do people suddenly think tariffs cause inflation today?   Tariffs are taxes on imports, yes, but prices are set by supply and demand—not tariffs.   Let me give you a simple example.   Imagine fancy potato chips from Canada cost $10, and a 20% tariff pushes that to $12. Everyone panics—prices rose! Inflation!   Nope.   If I only have $100 to spend and the price of my favorite chips goes up, I either stop buying chips or I buy, say, fewer newspapers.   If everyone stops buying newspapers because they’re overspending on chips, newspapers lower their prices or go out of business.   Overall spending stays the same, and inflation doesn’t budge.   Three quick scenarios:   We buy pricier chips, but fewer other things: Inflation unchanged. Manufacturers shift to the U.S. to avoid tariffs: Inflation unchanged (and more jobs here). We stop buying fancy chips: Prices drop again. Inflation? Still unchanged. The only thing that actually causes inflation is printing money.   Between 2020 and 2022 alone, 40% of all money ever created in history appeared overnight.   That’s why inflation shot up afterward—not because of tariffs.   Back to tariffs today.   Still No Inflation Unlike the infamous Smoot-Hawley blanket tariff (imagine Oprah handing out tariffs: "You get a tariff, and you get a tariff!"), today's tariffs are strategic.   Trump slapped tariffs on chips from Taiwan because we shouldn’t rely on a single foreign supplier for vital tech components—especially if that supplier might get invaded.   Now Taiwan Semiconductor is investing $100 billion in American manufacturing.   Strategic win, no inflation.   Then there’s Canada and Mexico—our friendly neighbors with weirdly huge tariffs on things like milk and butter (299% tariff on butter—really, Canada?).   Trump’s not blanketing everything with tariffs; he’s pressuring trade partners to lower theirs.   If they do, everybody wins. If they don’t, well, then we have a strategic trade chess game—but still no inflation.   In short, tariffs are about strategy, security, and fairness—not inflation.   Yes, blanket tariffs from the Great Depression era were dumb. Obviously. Today's targeted tariffs? Smart.   Listen to the whole podcast to hear why I think this.   And by the way, if you see a Cybertruck, don’t key it. Robin doesn’t care about your politics; she just likes her weird truck.   Maybe read a good book, relax, and leave cars alone.   (And yes, nobody keys Volkswagens, even though they were basically created by Hitler. Strange world we live in.) Source: https://altucherconfidential.com/posts/the-truth-about-tariffs-busting-the-inflation-myth    Profits from free accurate cryptos signals: https://www.predictmag.com/       
    • No, not if you are comparing apples to apples. What we call “poor” is obviously a pretty high bar but if you’re talking about like a total homeless shambling skexie in like San Fran then, no. The U.S.A. in not particularly kind to you. It is not an abuse so much as it is a sad relatively minor consequence of our optimism and industriousness.   What you consider rich changes with circumstances obviously. If you are genuinely poor in the U.S.A., you experience a quirky hodgepodge of unhelpful and/or abstract extreme lavishnesses while also being alienated from your social support network. It’s about the same as being a refugee. For a fraction of the ‘kindness’ available to you in non bio-available form, you could have simply stayed closer to your people and been MUCH better off.   It’s just a quirk of how we run the place and our values; we are more worried about interfering with people’s liberty and natural inclination to do for themselves than we are about no bums left behind. It is a slightly hurtful position and we know it; we are just scared to death of socialism cancer and we’re willing to put our money where our mouth is.   So, if you’re a bum; you got 5G, the ER will spend like $1,000,000 on you over a hangnail but then kick you out as soon as you’re “stabilized”, the logistics are surpremely efficient, you have total unchecked freedom of speech, real-estate, motels, and jobs are all natural healthy markets in perfect competition, you got compulsory three ‘R’’s, your military owns the sky, sea, space, night, information-space, and has the best hairdos, you can fill out paper and get all the stuff up to and including a Ph.D. Pretty much everything a very generous, eager, flawless go-getter with five minutes to spare would think you might need.   It’s worse. Our whole society is competitive and we do NOT value or make any kumbaya exception. The last kumbaya types we had werr the Shakers and they literally went extinct. Pueblo peoples are still around but they kind of don’t count since they were here before us. So basically, if you’re poor in the U.S.A., you are automatically a loser and a deadbeat too. You will be treated as such by anybody not specifically either paid to deal with you or shysters selling bejesus, Amway, and drugs. Plus, it ain’t safe out there. Not everybody uses muhfreedoms to lift their truck, people be thugging and bums are very vulnerable here. The history of a large mobile workforce means nobody has a village to go home to. Source: https://askdaddy.quora.com/Are-the-poor-people-in-the-United-States-the-richest-poor-people-in-the-world-6   Profits from free accurate cryptos signals: https://www.predictmag.com/ 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.