Hi from South Africa - Beginners and Introductions | futures io social trading
futures io futures trading


Hi from South Africa
Updated: Views / Replies:1,308 / 8
Created: by DarkPoolTrading Attachments:0

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 
Thread Tools Search this Thread
 

Hi from South Africa

  #1 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,027 since May 2012
Thanks: 1,196 given, 1,282 received

Hi from South Africa

Hi All,

Thought id introduce myself as a new member.

Im currently a part time trader and am hoping to make the move to full time trading at the end of the year. Im busy working on the countless factors that need to be in place before being able to quit my job.

My 2 main intellectual passions are programming and trading. I've recently started using NinjaTrader and love it because it combines both of those passions. Im not using it to trade live yet since I already have a platform that I use to trade the Safex ALSI (Top40 index in South Africa). Getting live ALSI data for ninjatrader will be no easy (or cheap) task, so im just using it to back test strategies on instruments which I hope to trade when I make the move to full time (eg: FESX, FTSE100(Z), FDAX).

Seems to be a great community here with a lot of extremely useful information. Im looking forward to learning a lot (and contributing as my knowledge grows).

cheers.

Reply With Quote
The following user says Thank You to DarkPoolTrading for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
South Africa, Gauteng, Sandton
 
Futures Experience: Advanced
Platform: NinjaTrader, Sierra Chart
Broker/Data: Interactive Brokers / DTN.IQ
Favorite Futures: Futures - Equity Index, Interest Rates
 
Posts: 11 since Jan 2011
Thanks: 8 given, 15 received


Hi DarkPoolTrading,

Nice to see your post, I started out trading stocks on the JSE back in 1994/5 and eventually ended up managing part of a fund on the ALSI. I enjoyed the ALSI but there is nothing like Index Futures on the international arena when comparing apples with apples. I have seen equivalent ALSI daily value go through on some instruments in under a minute.

I see you are in JHB, my office is in Sandton but moving to Melrose Arch in August once all settled you welcome to visit and see the setup.

In the mean time please join the "South African" "Social Group", lets get a community going this side. I also posted a thread " South African Traders " so we can keep each other posted on local developments that affect us in the markets.

Take it easy and stay in touch
Dean - TraderDynamix

Reply With Quote
 
  #4 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,027 since May 2012
Thanks: 1,196 given, 1,282 received

Hi,

Great idea, i've joined the group.

One of the things I like about the ALSI (I may be completely wrong here, but this is the way it feels), is that it doesn't seem be overrun by HFT and massive volume, quote stuffing and some of the other advanced/sneaky things that go on in some of the bigger markets. I may be wrong though.

I also like that the ALSI is almost a mini-sized contract in comparison to some of the markets out there. For example the ALSI is R10 per point. Whereas the YM is $5 per tick.

I agree though, there's a lot of exciting stuff to trade out there.

Reply With Quote
The following user says Thank You to DarkPoolTrading for this post:
 
  #5 (permalink)
Elite Member
South Africa, Gauteng, Sandton
 
Futures Experience: Advanced
Platform: NinjaTrader, Sierra Chart
Broker/Data: Interactive Brokers / DTN.IQ
Favorite Futures: Futures - Equity Index, Interest Rates
 
Posts: 11 since Jan 2011
Thanks: 8 given, 15 received


DarkPoolTrading View Post
Hi,

Great idea, i've joined the group.

One of the things I like about the ALSI (I may be completely wrong here, but this is the way it feels), is that it doesn't seem be overrun by HFT and massive volume, quote stuffing and some of the other advanced/sneaky things that go on in some of the bigger markets. I may be wrong though.

I also like that the ALSI is almost a mini-sized contract in comparison to some of the markets out there. For example the ALSI is R10 per point. Whereas the YM is $5 per tick.

I agree though, there's a lot of exciting stuff to trade out there.

No you are correct in saying that because there is very little in the way of internal data if you like on the ALSI but I see that as a disadvantage. The "advanced/sneaky things" is a great way to gain an edge, if you learn to recognize what the big boys are hiding you get to play on their team and not get by them

BTW: Vox ( Vox Telecom ) has a data product Fishbone, its a Line Bonder which combines multiple independent access lines, through proprietary line aggregation technologies, into a single high-capacity corporate access solution offering a lower cost alternative to traditionally high-priced access technologies, such as Diginet. I am thinking of trying it out. Its a bit pricey though at R5k whats that about $450 thats just insane, my mate in HK pays about $50 US for a 100 meg low latency line. Anyways check it out.

Dean - TraderDynamix

Reply With Quote
The following user says Thank You to TraderDynamix for this post:
 
  #6 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,027 since May 2012
Thanks: 1,196 given, 1,282 received


TraderDynamix View Post
No you are correct in saying that because there is very little in the way of internal data if you like on the ALSI but I see that as a disadvantage. The "advanced/sneaky things" is a great way to gain an edge, if you learn to recognize what the big boys are hiding you get to play on their team and not get by them

Dean - TraderDynamix

Good point. So do you not trade the ALSI at all anymore?

Reply With Quote
 
  #7 (permalink)
Trading Apprentice
Pretoria + South Africa
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: Futures
 
Posts: 1 since Nov 2014
Thanks: 1 given, 0 received

Hi Guys

I am new to the forum and have read you have managed to get the ALSI data on Ninjatrader.
Do you know of a guide or tutorial to help me get this setup properly?

I am using Kinect EOD data just to see if I can replicate the data from my SA broker but looks different.

Reply With Quote
 
  #8 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,027 since May 2012
Thanks: 1,196 given, 1,282 received


duanejordaan View Post
Hi Guys

I am new to the forum and have read you have managed to get the ALSI data on Ninjatrader.
Do you know of a guide or tutorial to help me get this setup properly?

I am using Kinect EOD data just to see if I can replicate the data from my SA broker but looks different.

Hi,

Nice to see another South African here.

When I use to trade the ALSI a few years ago I did a lot of searching to find datafeeds that provided ALSI data to be used with NT. The only thing I was able to find at the time was esignal which had an ALSI feed. At the time there was nothing else,...but that may have changed since then. Maybe someone else will be able to comment if there are more options now.

Diversification is the only free lunch
Reply With Quote
The following user says Thank You to DarkPoolTrading for this post:
 
  #9 (permalink)
Elite Member
Pretoria South Africa
 
Futures Experience: Advanced
Platform: Omnitrader Pro
Favorite Futures: e-mini
 
Posts: 3 since Jun 2012
Thanks: 1 given, 0 received

ALSI - Ninjatrader

Hi All.
I trade the beast everyday and I must tell you 20 years later, it's killing me, but I love it. I use local online broker tools but also had some custom indicators and systems created in Omnitrader. Only data source is expensivesignal. I was wondering if any of you guys had skills to convert vb code to MT5? Let me know please.
Sarel

Reply With Quote

Reply



futures io > > > > Hi from South Africa

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May
 

Prototyping Python Strategies (part 2: Backtesting) w/Ran Aroussi [special time: 1PM ET]

Elite only
 

Portfolio Diversification w/Brendon Delate @ Diversify Portfolio

Elite only

An overview of volumetric analytical tools w/Sergey Sokolov @ PTMC

Elite only

John Hoagland (TBA)

Elite only

FuturesTrader71 Extended Ask Me Anything (AMA)

Elite only

Pete @ Jigsaw Trading (TBA)

Elite only

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Newt Gingrich wins South Carolina primary stephenszpak News and Current Events 0 January 22nd, 2012 01:08 AM
It's on in South Carolina: Gingrich Comes Out Swinging Quick Summary News and Current Events 0 January 21st, 2012 12:30 PM
Neoconservatives Planned Regime Change Throughout the Middle East and North Africa 20 Quick Summary News and Current Events 0 November 28th, 2011 05:10 AM
Huge South Korea Drill Likely to Infuriate North Quick Summary News and Current Events 0 December 22nd, 2010 02:00 AM
North Korea Fires Artillery at South Korean Island Quick Summary News and Current Events 2 November 24th, 2010 04:00 PM


All times are GMT -4. The time now is 07:22 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-05-24 in 0.13 seconds with 19 queries on phoenix via your IP 54.162.136.26