Whats a good simulator that I could start out on to learn the ropes?
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12-17-2011, 02:16 PM #91
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12-17-2011, 02:18 PM #92
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12-17-2011, 02:19 PM #93
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12-17-2011, 02:19 PM #94
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12-17-2011, 02:20 PM #95
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12-17-2011, 02:20 PM #96
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12-17-2011, 02:20 PM #97
Do not want to land more then trading my own personal account. dont have to answer to anyone.. you determine your own success or failure. and that is also not true.. if you show a firm or hedgefund your track record of your own personal trading you are worth more to them then any dummy with a degree you have practical experience.
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12-17-2011, 02:21 PM #98
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12-17-2011, 02:21 PM #99
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basically using a volume profile to identify areas where stocks tend to do the most volume and areas where stocks dont do a lot of volume. If a stock is in an area where a lot of volume is done thats usually a support or resistance area, while stocks tend to move more easily through areas where there has been less volume traded.
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12-17-2011, 02:21 PM #100
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12-17-2011, 02:22 PM #101
Cheers brah, i am young myself and hungry for success, ive put in 1000's of hours into this already and it is finally starting to pay off.. while all my boys are out partyin i am in bed waking up at 6:40 am to create my trading plan.. not many people can say they are willing to put 2 years fulltime into something without getting a payout yet. Things are changing though
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12-17-2011, 02:23 PM #102
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12-17-2011, 02:23 PM #103
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12-17-2011, 02:24 PM #104
That is just scratching the surface i have also a bunch of statistics i use to help gauge what is most likely to happen in the short period of time, or the bias for the day etc. which allows you to hold for further targets etc.. basically that is the most simplistic way to define my method, i dont think i could ever type up what and how i do what i exactly do..
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12-17-2011, 02:24 PM #105
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12-17-2011, 02:26 PM #106
20 mins behind you could always justify that you would of entered there etc.. plus you will never get to see what the actual order flow looks like at the certain point in time or gauge any perception of how the market is trading /context of the day. you would be running in circles unless you want to swing trade or hold for days at a time.. then you do not need live data as much
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12-17-2011, 02:27 PM #107
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Op who do you think is the most leading authority on futures trading?... My guess Jim Rogers the co - founder of Quantum Fund.
Look there's an Atheist..... I don't believe it for it is written every Knee shall Bow and every Tongue shall confess that Jesus Christ is Lord. (www.gotquestions.org) (www.christiananswers.net)
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12-17-2011, 02:28 PM #108
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12-17-2011, 02:30 PM #109
Not really sure dont really care either to be honest bro, i just do what i have to do to get my piece of the cake.. there are trillions of dollars being transacted every day.. for anyone to believe that they cant figure out a way to scoop up 300-400 dollars of it a day talk about self limiting beliefs.. IMO alot of people talk about how the quants, high frequency trading has ruined the market etc.. but if anything they have made it more predictable because they can not place trades without leaving behind VOLUME on the volume profiles.. where the most volume is it is institutional trading, highly predictable short term..
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12-17-2011, 02:30 PM #110
AMP futures offers a free demo of Ninjatrader(charting software) with a CQG live market datafeed. I think its a 30 day free demo, but you can ask them to extend the demo once the 30 days is up.
http://www.ampfutures.com/ninjatrader_cqg.php|| RON PAUL 2012 ||
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12-17-2011, 02:30 PM #111
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12-17-2011, 02:31 PM #112
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12-17-2011, 02:38 PM #113
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I hear u... The reason why I asked is I like to find the leading most authoritve person and learn from them... Where did you initially teach yourself on futures trading... I know of some people make killings on futures trading (also know some that lost tons as well).... Do you have Any book recomendations?
Look there's an Atheist..... I don't believe it for it is written every Knee shall Bow and every Tongue shall confess that Jesus Christ is Lord. (www.gotquestions.org) (www.christiananswers.net)
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12-17-2011, 02:40 PM #114
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12-17-2011, 02:41 PM #115
In no way affiliated with this website, but i can vouch this guy is a solid trader / educator to give you basic knowledge of how the game is played futurestrader71.com he has begginer, intermediate, advanced.. then ways to formulate plans etc.. This will give you some basic knowledge however it will not make you a succesfull trader.. it does cost like 200$ for all his webinars or something, really good place to start.. I would focus more on trader psychology more then anything
BOOKS: trading in the zone, enhancing trader performance, the daily trading coach.. even books on meditation this game is all psychological beleive it or not learning to trade is the easy part. being consistent and not getting tricked into taking stupid trades because of emotional impulses is the hard part
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12-17-2011, 02:43 PM #116
you need to get a charting software.. investor RT volume profile deluxe package, E-signal , sierra chart.. with the Symbol of the instrument you want to trade.. lets put it this way. when a market is trading sideways it is building a high volume area.. IF IT SHOOTS out of that side ways auction it is Likliest to get stopped in its track at the next area above or below it traded sideways and created a huge volume area.. nom sayin?
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12-17-2011, 02:48 PM #117
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12-17-2011, 02:55 PM #118
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12-17-2011, 04:13 PM #119
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12-17-2011, 04:13 PM #120
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