A trading parable - Psychology and Money Management | futures io social day trading
futures io futures trading


A trading parable
Updated: Views / Replies:2,992 / 24
Created: by Hard 8 Attachments:9

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 9  
 
Thread Tools Search this Thread
 

A trading parable

  #1 (permalink)
Member
Cheyenne, WY
 
Futures Experience: Master
Platform: ninja trader
 
Hard 8's Avatar
 
Posts: 66 since Nov 2010
Thanks: 12 given, 41 received

A trading parable

A hedgefund big shot was bragging at a poker game about his futures system that NEVER has a losing trade. He showed me the stats and I quickly understood the hook. It never took a stop out.

He bet me 10 grand I couldn't create a system that had losses with better results. I raised the bet to 20 grand, provided I could pick the instrument of my choice. He agreed. Here's what I showed him.

P.S. I donated the 20 grand to the Juvenile Diabetes Research Foundation and he paid me 10 grand more for the code.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to Hard 8 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
Santa Maria
 
Futures Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES
 
Posts: 295 since May 2010
Thanks: 101 given, 320 received


That looks pretty impressive, can you give us a clue as to the concept behind it? And thanks for the donation, my granddaughter has diabetes.


Hard 8 View Post
A hedgefund big shot was bragging at a poker game about his futures system that NEVER has a losing trade. He showed me the stats and I quickly understood the hook. It never took a stop out.

He bet me 10 grand I couldn't create a system that had losses with better results. I raised the bet to 20 grand, provided I could pick the instrument of my choice. He agreed. Here's what I showed him....


Reply With Quote
 
  #4 (permalink)
Member
Cheyenne, WY
 
Futures Experience: Master
Platform: ninja trader
 
Hard 8's Avatar
 
Posts: 66 since Nov 2010
Thanks: 12 given, 41 received


fluxsmith View Post
That looks pretty impressive, can you give us a clue as to the concept behind it? And thanks for the donation, my granddaughter has diabetes.

At the point of a burst of momentum, it scalps for $100 with two contracts and is done for the day. FDAX is an ideal market for this sort of thing.

Reply With Quote
The following 3 users say Thank You to Hard 8 for this post:
 
  #5 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,879 since Jul 2009
Thanks: 1,449 given, 3,306 received


Hard 8 View Post
At the point of a burst of momentum, it scalps for $100 with two contracts and is done for the day. FDAX is an ideal market for this sort of thing.


I've wondered about doing that but never had the umph to try it. Figured it was just another pipe dream.

Reply With Quote
 
  #6 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

What stop loss system do you use on the FDAX for this system ?

Reply With Quote
 
  #7 (permalink)
Member
Cheyenne, WY
 
Futures Experience: Master
Platform: ninja trader
 
Hard 8's Avatar
 
Posts: 66 since Nov 2010
Thanks: 12 given, 41 received

Another day at the DAX

The scary thing is, it's so easy.

Attached Thumbnails
A trading parable-fdax.jpg   A trading parable-jdfa_fdax.jpg  
Reply With Quote
The following user says Thank You to Hard 8 for this post:
 
  #8 (permalink)
Big game hunter
NY
 
Futures Experience: Advanced
Platform: Esignal, MBT navigator
Favorite Futures: Currencies
 
Posts: 2,526 since Jun 2009
Thanks: 1,397 given, 2,570 received

Whats your bag limit ?

Attached Thumbnails
A trading parable-trolling.jpg  
Reply With Quote
 
  #9 (permalink)
Member
Cheyenne, WY
 
Futures Experience: Master
Platform: ninja trader
 
Hard 8's Avatar
 
Posts: 66 since Nov 2010
Thanks: 12 given, 41 received


Eric j View Post
Whats your bag limit ?

I'm sorry. I don't understand your question.

Reply With Quote
 
  #10 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,220 since Jun 2009
Thanks: 628 given, 6,318 received
Forum Reputation: Legendary



Hard 8 View Post
The scary thing is, it's so easy.

so moral of the story is trade the Dax?

Reply With Quote
The following user says Thank You to cory for this post:

Reply



futures io > > > A trading parable

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     


All times are GMT -4. The time now is 06:38 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 2017-12-18 in 0.13 seconds with 20 queries on phoenix via your IP 54.221.93.187