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Rockwell Trading - (review)

  #26 (permalink)

Elite Member
San Antonio, TX
Trading Experience: Intermediate
Platform: SierraCharts
Favorite Futures: ES, 6E
Posts: 123 since May 2011
Thanks: 15 given, 98 received

I was in their live trade room about a year and a half ago. They were trading their scalping strategy....I can't remember the name. Basically they had an 8 tick range chart of the ES and they would place a short at where a new bar would open at the highs and a long at where a new bar would open at the lows of the current bar. They would risk 8 ticks to make 2. They used 16 tick range for 6E and 4 tick range for ZB. Their target was always 25% of their risk and the risk was the same size as the range of the bars. With that said, he had a couple of winners in the ES and 1 in ZB and a bunch of losers. He ended the day somewhere around $500 in loss. At that point in time, I unsubscribed from their mailing list and only watched their infinity webinars for fun, to see them lose money while trading live. I remember now, the name of the strategy was the "Seahawk Strategy".

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