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So here it is, three more days and October begins, which marks one year of trading for me. I figured I would contribute to the forum and share some of my experience, a little about me, and what I've learned so far. Whoever wants to listen, that's great. This might get long so buckle up., steve mauro forex factory. Three years ago, I was visiting Toronto.
I don't get out much, but my roommate at the time travels there occasionally, steve mauro forex factory. He asked everyone at our place if we wanted to come along for a weekend. My roommate has an uncle that lives there and we didn't have to worry about a hotel because his uncle owns a small house that's unlived in which we steve mauro forex factory stay at. I was the only one to go with. Anyways, we walk around the city, seeing the sights and whatnot.
My friend says to me "where next? If you haven't seen it you gotta see it! I love things like that. The huge granite facades with intricate designs and towering pillars to make you think, How the fuck did they make that?
My attention pivots to a man walking on the sidewalk opposite us. His gait stood out among everyone, he walked with such a purpose. He laughed into the cell phone to his ear. In the elbow-shoving city environment, he moved with a stride that exuded a power which not only commanded respect, but assumed it. I bet HE can get a text back, hell he's probably got girls waiting on him. This dude was dressed to kill, a navy suit that you could just tell from across the street was way out of my budget, it was a nice fucking suit.
I want that. His life, across the street, steve mauro forex factory, seemed a world a way from my own. I've worn a suit maybe twice in my life. For my first communion, it was too big for me, I was eleven or whatever so who gives a shit, right?
I'm positive I looked ridiculous. The other time? I can't remember. I want the suit. I want the wealththe independence. I want the respect and power, and I don't give a shit what anyone thinks about it. Cue self doubt. Well, He's probably some rich banker's son. That's a world you're born into. I don't know shit steve mauro forex factory it.
My dad is back from Tennessee, his engineering job was laying people off and he got canned Or he saw the end was near and just left I don't know, hard to pay attention to the guy honestly because he kind of just drones on and on.
for a job? The whole project was a shit show that was doomed to never get done, the way he tells it. And he's obviously jaded from multiple similar experiences at other life-sucking engineer jobs. My mom is a retired nurse practitioner who no longer works because of her illness. I ask him what he's doing for work now and he tells me he trades stocks from home. I didn't even know you could do that. I didn't know "trading" was a thing. I thought you just invest and steve mauro forex factory for the best.
guess I can't do that We talk a little about whatever. Off topic, steve mauro forex factory, he starts asking if I'm happy doing what I'm doing I was a painter, commercial and residential I tell him yes but it's kind of a pain in the ass and I don't see it as a long term thing.
Then he gets around to asking if I'd like to come work with him. He basically pitches it to me. I'm not one to be sold on something, I'm always skeptical. So I ask all the questions that any rational person would ask and he just swats them away with reassuring phrases, steve mauro forex factory. He was real confident about it. But basically he says for this to work, I have to quit my job and move back home so he can teach me how to trade and be by my side so I don't do anything stupid.
let me think about it. My "maybe" very soon turned steve mauro forex factory a "definitely. I was great at spending though! My dad gives me a book on day trading which I will mention later and I teach myself what I can about the stock market using Investopedia.
Also steve mauro forex factory the meantime, my dad sends me encouraging emails. He tells me about stocks that he traded that day or just ones that moved and describes the basic price action and the prices to buy and sell at.
Basically saying "if you bought X amount of shares here and sold it at X price here, you could make a quick bucks! Piece of cake. He tells me not to tell anyone about my trading because most people just think it's gambling. uhh I'm waiting for it to come back to my entry price. what do I do?? If that's all it takes to make it is to buy low, sell high, and always respect a stop then I'll be fantastic. By the end of September, I was very determined.
I had been looking forward everyday to quitting my painting job because while it used to be something I loved, it was just sucking the life out of me at this point. Especially working commercial, you just get worked like a dog. I wasn't living up to my potential with that job and I felt awful steve mauro forex factory it every minute of every day. I knew that I needed a job where I could use my brain instead of slaving my body to fulfill someone else's dream.
It ain't me. So now it was Octoberand I'm back living with Mom n' Pops. I was so determined that on my last day of work I gave away all of my painting tools to my buddy like, "here, I don't need this shit. My laptop connected to a TV monitor, I'm looking at stocks next to my dad and his screens in his cluttered steve mauro forex factory. Our Trading Dungeon. I don't trade any money, I wasn't aware of any real-time sim programs I just watch and learn from my dad.
Right at the start of the shit-show, steve mauro forex factory. For the next three or four weeks, I watch my dad pretty much scratch on every trade, taking small loss after small loss, and cursing under his breath at the screen. This gets really fucking annoying as time goes on, for weeks, and I get this attitude like ugh, just let me do it.
I'll make us some fucking money. So I convince him to let me start trading live. I didn't know anything about brokers so I set up an account using his broker, which was Fidelity. It was a pain and I had to jump steve mauro forex factory a lot of hoops to be able to day trade with this broker. I actually had to make a joint account with my dad as I couldn't get approved for margin because my credit score is shit never owned a credit card and my net worth, not much.
Anyways, they straight up discourage day trading and I get all kinds of warning messages with big red letters that made me shit myself like oooaaahhh what the fuck did I do now. Did I forget to close a position?? Did I fat finger an order?
Am I now in debt for thousands of dollars to Fidelity?? They're going to come after me like they came after Madoff. Even after you are approved for PDT you still get these warning messages in your account. Some would say if I didn't comply with "whatever rule" they'd even suspend my account for 60 days.
It was ridiculous, hard to describe because it doesn't make sense, and it took the support guy on the phone a good 20 minutes to explain it to me. Basically I got the answer "yea it's all good, you did nothing wrong. As long as you have the cash in your account to cover whatever the trade balance was" So I just kept getting these warnings that I had to ignore everyday.
I hate Fidelity. My fist day trading, I made a few so-so trades and then I got impatient. I saw YECO breaking out and I chased, steve mauro forex factory, soon realized I steve mauro forex factory, so I got out. Shit, I have to make that back, I don't want my dad to see this.
BEAT THE MARKET MAKER - BTMM - STEVE MAURO - BOOTCAMP WEEK 2 PART 1
, time: 1:10:4415/08/ · Steve Mauro's Market Maker Method works for an extremely small number of traders. - Usually the ones who are already profitable and so just make some tweaks to the method they are already using such as 'Mr Carlsberg' that is about as far removed as possible from what people on Forex Factory do View Steve Mauro MMM beat the market @ Forex blogger.com from ECON MISC at Fleming College. 2/29/ Steve Mauro MMM beat the market @ Forex Factory Commercial Content / 70 Steve Mauro MMM beat the market Forex Factory; Download Forex Beat the Market Maker Strategy Method MT4 ; MMM Forex; LEARN TO TRADE FOREX ONLINE FREE AND PRICE ACTION Box Tracking - Forex Cargo
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