About me

My name is jonathan Faria im 30 years old I am from the bay area in California new to forex and I am in love. My wife is a lil mad but it’s ok the way I see it is she wont be after I take off with this I see so much potential in this market and I can’t wait. I am open to any correction or knowledge please feel free to share with me. Currently I am finding my self setting up trades with Fibonaccis and that’s basically it I am a big fan of harmonic trading and rapidforex.com “sailing” strategy. Looking into scalping. I also have two wonderful children a girl 6 yr old and a son 2yr I work now as a garbage man in mill valley ca .that about sums everything up.

Thank you
Jonathan Faria

Wow, chill down, trading in hidding is like drinking alcohol alone, that how you become an alcoholic. Belive me your wife is right about it.

A little lost on your point of view but ok no prob thanks for replying.

Welcome, Jonathan. It’s good to see someone coming in with a positive mindset. And good to have another trader dad on the site, there seem to be a lot of us at the moment!

Thanks for the positive reply I appreciate it I take it your a dad as well how many?
Any advice you can leave me with? As far as trading.

Hi Jonathan. I have three boys, 3-7, with a fourth due in February. I previously had a career that really wasn’t a good fit for family life, so I turned to trading, almost three years ago. Now I’m a complete convert - trading is a fantastic fit for family life.

Advice (and yes on trading, I would not assume that you were asking a stranger for parenting advice lol!)? That’s always tricky as we are all of us different, and will become different types of trader. I would say don’t underestimate the importance of psychology, you need to be in the right frame of mind to trade and to learn to trade, plus you need to be able to roll with the inevitable losses. We all have our own way of keeping on point with the psychology side, but I find that Jack Schwager’s three Market Wizards books help keep me inspired.

Secondly I would advise you to start with the basics. Personally, I would not jump straight in with a pile of indicators, or trying to figure out how news might move Price. I’d start with a plain chart and try to get my head around Price Action and Candlestick Patterns (both covered in the school). Then throw some Support and Resistance levels on there and watch how Price reacts. Spend a lot of hours doing that, then layer up your knowledge as you learn more about what sort of trading style/duration etc you think suits you.

And finally take all advice with a pinch of salt (yes, including mine!) - lots of different things work, some will suit you and others will not, but each will have its vocal critics. A successful trader needs to know when to tune out the majority voice and follow their own view. Remember that most traders fail, which suggests that most on this site will also fail. Including some of those with the vocal opinion. So take in as much advice as you can, but be prepared to reject any or all of it if you feel you need to. Stick to that and you should avoid some blind allies and get there in the end.

But most of all, live the life, read all you can, spend as much time in front of the charts as you can, and treat everything as a learning opportunity. This is a capital preservation game above anything else, and the more methodical and mechanical you can become, the truer to that ethos you will stay.

Anyway, I hope that that helps a little to give you my view, and apologies if it comes across at all preachy!!

This is a great site, so you have taken a great first step. Good luck out there!!

Simon

Excellent words of wisdom there ST, very well said - thank you!
Jessey :slight_smile:

Simon thanks for the advice and the time to reply i appreciate it very much its very encouraging to see someone care and wants to help people.
Thank you
Jonathan Faria

Agree with it, my beginning took me more than three years

Ok guys thanks losing is part of this businesses I understand agree and acknowledge is your wife mad when you lose? Or does she already know that you’ll bounce back and get ahead? You guys act like I gonna lose my marriage because of this I appreciate it the concern but really please leave me with trading advice and help me rise about the losses. Mr gone you seem to have a knack for negative replying this is my personal opinion you have not once said anything positive or have you left me anything regarding the market and how I can benefit.
Thank you
Jonathan Faria

My wife has always been very supportive - I make sure that I tell her enough that she knows broadly how active I am in the market, my overall view of the market, as well as how my results are looking each week in outline, and tbh it gives me a great sounding board for things without fear of judgement. This dialogue also ensures that the odd loss does not come as a complete shock!! So don’t worry overly about your wife’s reaction. Get the trading right and it will all come good…

My wife knows about my new found interest in Forex…however I would get more of a conversation about it with a turnip than with her - she has zero interest in it. She’s throwing mon£y at me to get me to go live & shut up about it. Even when I’m delighted that a demo trading is doing impressively well, it falls on deaf ears. FX is a lonely pass-time :frowning:

Hi Baz
Mabye you should put your buddy Turnip next to your pc, so that you can get excited and shout at him when you’re winning… :slight_smile:
PS.
You know, your wife will ‘love’ you all up when you start handing over some lolly for her to go shopping!!!

She already takes all my wages to go shopping & she still doesn’t dish out the “love you all up” vibe :frowning: I’ll just continue to give her a hard time on my Facebook posts instead.

Oh Lordy Lordy Baz - how funny :slight_smile:
You just made me lol in the midst of being frustrated with the p/c and b/pips a tad iffy this morning…