I would like to discuss financial instruments and the markets with traders who understand supply and demand.
Books: Fooled by Randomness, Rise and Fall of Long Term Capital Management. I use Transact Futures for data and TP futures for execution. I'm not a fan of seminars in general and I avoid news-based trading.
I've been trading as a hobby for 3 years; I go through periods of focused, profitable trading followed by "give-it-back" episodes of impatience/overconfidence. So I'm a break-even trader right now. I'd like to go full time profitable this year.
I used to use Tradestation, but since I stopped backtesting and writing algorithms I know use Sierra Charts with Transact Futures data. I execute through TradePortal Futures. I have found these services to be economical and reliable.
Support resistance with trends. In terms of time frame, if my trade rules are satisfied and my risk parameters are not violated I take the trade. I exit the trade when my stop or target is hit. Sometimes that takes 5 min, sometimes 5 hours...
My schedule is pretty open. I trade equity index futures. I used to trade currencies, commodities, and energies, but I found myself getting disoriented spreading my attention so thin.
"I do trader coaching and educating alongside my actual trading. I definitely trade better while I'm working with clients, just as I play tennis better when I am coaching it. They say one of the best ways to learn something is to teach it."
Tim has not left a comment yet. See what other members are saying.
You must be signed in to post a Greeting.
"I would like to discuss financial instruments and the markets with traders who understand supply and demand."
