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David Waring
Community Host

About Me

  • About David Waring
    Biography
    I was raised in a small town in North Carolina called Roanoke Rapids. My father was always big into investing and while not an active trader got me interested in investing and the stock market at a very young age. So I guess you could say that I have pretty much always had an interest in the markets, and because of this I decided to study Finance at East Carolina University (ECU), where I went to college. ECU is located in the town of Greenville, also in North Carolina, so besides the once a year trip to see grandparents in Michigan, Virgina, or Arizona, I spent my entire childhood and early adult life in North Carolina.

    After graduating from college I decided I wanted to pursue a career that was closely related to the markets. Becoming a traditional stock broker or working as a commercial banker, were pretty much my options at the time in North Carolina. After doing a few interviews, I decided that this was not what I wanted to do, so I decided to pack my bags and move to New York City.

    To make a long story short, once in New York I got an interview with an Internet Start-up called FXCM, which at the time had about 15 people at the firm. While not a very impressive office at the time, the CEO of the firm Drew Niv (who was around 28 at the time) was one of the people who interviewed me. I was so impressed with his knowledge of the markets and his vision for the future of the Foreign Exchange Market, that I decided to take the job when it was offered to me.

    Over the next 7 years I worked my way up from a customer service/sales position to what we turned into a 24 hour a day, 7 day a week customer service and sales operation. Although young, since I was one of the early people at the firm, I was given the opportunity to run that division, which is how I spent my first several years at FXCM.

    Towards the latter part of my time there I split my time managing a team of business development professionals who were responsible for a large part of FXCM's web strategy, and managing a separate team of analysts/traders who were responsible for building FXCM's managed funds division. This was the role that I enjoyed the most, as it allowed me to combine my love of the internet with my love of the markets. As you can probably see now, this also laid the groundwork for what you see here today, in InformedTrades.com.

    In November of 2007 after seeing the firm grow from 15 employees, to the over 600 that it has today, I decided that it was time for me to pursue a new challenge. So, with the help of a friend and colleague who I met at FXCM, Informed Trades.com was officially launched in January of 2008.

    While I certainly do not consider myself a trading guru, I feel that my knowledge of the markets and the trading industry, puts me in a unique position to build a strong community of knowledgeable traders, who understand that trading is hard, and not a get rich type of thing as it is so often portrayed. I also feel that once we have a core community as we are starting to develop now, my knowledge of the internet can help bring that community together, in the most efficient and powerful way possible, so that each member gets the maximum benefit from the collective knowledge of the community.

    While there is also a profit component of this site, I think you will find that, unlike most sites who ruin the experience by loading up on advertising, any advertising that is done here at InformedTrades, will be in the background and to the benefit of the community. If you are interested in a more in depth discussion of this at the link below:

    http://www.informedtrades.com/26958-why-do-you-do.html

    I hope you find this site useful in your quest for trading knowledge. If you have any questions or comments about anything relating to this site or trading, please feel free to post them at the link below:

    http://www.informedtrades.com/f32/

    Best Regards,
    David Waring
    Community Host
    InformedTrades.com
    Location
    Miami, FL
    Interests
    Financial Markets, Internet Business, The Beach, Skiing
    Occupation
    Trader and Internet Entrepreneur

Visitor Messages

Showing Visitor Messages 1 to 10 of 145
  1. ~6979~
    06-29-2009 08:57 PM - permalink
    ~6979~
    Hello, I was browsing the web & came accross your community...Its very nice...I was wondering if there is a way to post charts in my messages? I am a very knowledgable advanced chartist...

    here is a small example of my work...

    Options Wonderland : ~HOTT~...triple-zoom ...potential Rainmakers...

    thanks you for your time...charles
  2. yaacov
    06-28-2009 11:03 AM - permalink
    yaacov
    Thanks David, great site!
  3. Char1ie
    06-27-2009 06:56 AM - permalink
    Char1ie
    Hey David,

    I have been benefiting from IT for a number of months now and thought it was kind of rude that havn't congratulated you on IT.

    So let me say that u have probably been told this many times, but I just have to say, that the world is a better place with peeps like you around. This IS the best trading education site bar none, and if this community wasn't here I would be alot further back in my education.

    Keep up the incredible good work.

    Char1ie
  4. Forexjam
    06-26-2009 07:17 PM - permalink
    Forexjam
    thanx.. ive been watchin the videos .. n takin notes.. this is i think the best trading educational site there is.. .. i started with the forex course but once i reached the topics of "fundamentals vs technicals" i knew i had to start from the very beginning.. so i started the "basics of trading" .. im on the "macd" topic as of right now.. im also using the demo account offered by ACM trading.. ive only traded the EUR/USD using 1/100 leverage every time i trade.. its funny how before i knew about this site i started the demo with a $5000 balance then in no time it went down to $3500.. then i discovered this site and started studying and then this week i decided to put into practice what i have learned so far .. and in just 4 days my balance went up to $6106 and its currently there since forex closed as of the weekend... I've been trading as if i only had $1000 ..since that will be my original investment with real money in the future when i feel ready, so far so good i would say .. however.. im pretty sure luck played a big role in this little but fundamental success this week..but also it is an indisputable fact that the knowledge shared in your website and good judgement helped me turn the tables around more than luck did....

    Thanx..

    James.
  5. joseph kozah
    06-22-2009 01:35 PM - permalink
    joseph kozah
    Hi David,
    First i would like to thank you for your courses which have been the reason for starting my trading career, and needless to say they are flawless.
    I tried many different strategies and trading methods in order to choose one to stick with.I finally got this method which i really feel it suits me and i would like to have your opinion about it:
    I'm using mostly fundamentals,i wait for the reports and releases and take my position prior to the releases on a suitable position.As the report is released and hit my target for the trade depending on the position taken i will stop that trade.
    So as u see, and in my opinion its a low risk method as u can know for sure what the trend is going to be after that release.
    I've been applying this method on my demo account with high leverage and its hitting a high rate of successful trades.
    I would appreciate having your opinion about it and if there's anything you can add to it or change about it i would be most thankful.
    God bless u and reward you for your kindness.
    Respectfully yours,
    Joseph Kozah.
  6. bryanb
    06-20-2009 02:02 PM - permalink
    bryanb
    Thank You David

    I have become quite familiar with you through the many videos availabe on Youtube.

    Needless to say, they have been quite helpful in teaching me to become a better trader and I'm hopeful that sometime in the future I will be qualified enough to be of help to others as well.
  7. MSIS1
    06-18-2009 07:56 PM - permalink
    MSIS1
    David,

    I cant seem to make up my mind about which broker to go with..I thought I had narrowed it down to FXDD, IBfx, FXCM, Forex.com...i dont think I can make up my mind!!
    I have been reading up on them and have been coming across all these horror stories and bad experiences by some people..
    Can you please suggest 3 brokers to me (Who offer a Swap free account), who are reliable and efficient( in both carrying out a trade and customer service).

    Any advice is greatly appreciated!
  8. jimmix
    06-18-2009 05:22 AM - permalink
    jimmix
    Thank you for allowing me to join your community.
  9. harut
    06-16-2009 11:02 AM - permalink
    harut
    david thank you for having this website i have couple of questions for your trading strategy what indicators do you use what is your system that you use that works for you im trying to figure out what i need to use. yes you can tell me try to make one for yourself that fits your style but your system has worked please let me know also one other question have you heard about fap turbo robot robot that trades what can you say about this machines im knew at this can you let me know.
  10. dionisio
    06-15-2009 01:58 PM - permalink
    dionisio
    Hello Dave,

    Very good web site and your lessons are always to the point! Well done

    I have a couple of questions:

    ADX ....on my software shows only ad+ and ad- line only!....so I don't have the overall value?!

    How do you read it in this case?....i always have 2 values to read!

    Also is there another way of understanding if we are in a trend or range....maybe the ATR?!

    Last question: In a trend what 2 or 3 indicators do you recommend to use ...and in a range scenario?

    Grazie Thanks Ciao Alberto/dionisio

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