ataocarujr
01-26-2016,
Hi there, some 39 y.o. software engineer here. I'm completely new to trading and financial word in general. A friend made me curious about trading futures, and since I'm somewhat fed (https://futures.io/wiki/trading-wiki/FED) up with my current job and my perspectives as software engineer I thought I give it a try. I put my other hobbys at rest anyway so free time shouldn't be that a problem now.
Reading the posts on this forum is quite a difficult task for me, so many new abbreviations and terms to learn, I feel completely lost at the moment but I wont give up easily and I found a good friend called investopedia https://futures.io/images/smilies/smile.gif
Right now I have a Ninjatrader (https://futures.io/wiki/trading-wiki/Ninjatrader) licence and some money at dorman. My plan is to become elite member here and buy a Ninjatrader lifetime license, simply to have that covered (https://futures.io/wiki/trading-wiki/Covered).
I like the idea of automated trading and hopefully programming Ninjatrader should be the easier thing to learn for me. From what I read here so far its important to focus on one instrument and since ES is mentioned often I think its going to be my choice. I hope to learn about indicators soon since I often see screenshots (https://futures.io/wiki/trading-wiki/Screenshots) discussed here and I'm far from understanding whats going on there, I hardly recognice the indicator, not to speak of interpreting it. I've read about money management, risk management, business plans, trading journals ... and I wonder what that all is worth as long as I don't have the slightest clue of predicting a trend as it seems completely random to me. I guess thats the magic and everything comes down to this. I'm thankful for any hints and comments and maybe someone has a good Do & Don'ts for trading noobs https://futures.io/images/smilies/smile.gif
Reading the posts on this forum is quite a difficult task for me, so many new abbreviations and terms to learn, I feel completely lost at the moment but I wont give up easily and I found a good friend called investopedia https://futures.io/images/smilies/smile.gif
Right now I have a Ninjatrader (https://futures.io/wiki/trading-wiki/Ninjatrader) licence and some money at dorman. My plan is to become elite member here and buy a Ninjatrader lifetime license, simply to have that covered (https://futures.io/wiki/trading-wiki/Covered).
I like the idea of automated trading and hopefully programming Ninjatrader should be the easier thing to learn for me. From what I read here so far its important to focus on one instrument and since ES is mentioned often I think its going to be my choice. I hope to learn about indicators soon since I often see screenshots (https://futures.io/wiki/trading-wiki/Screenshots) discussed here and I'm far from understanding whats going on there, I hardly recognice the indicator, not to speak of interpreting it. I've read about money management, risk management, business plans, trading journals ... and I wonder what that all is worth as long as I don't have the slightest clue of predicting a trend as it seems completely random to me. I guess thats the magic and everything comes down to this. I'm thankful for any hints and comments and maybe someone has a good Do & Don'ts for trading noobs https://futures.io/images/smilies/smile.gif