NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 25 of 41
Search: Posts Made By: MarketPilot
Forum: Psychology and Money Management July 21st, 2013, 11:06 AM
Replies: 58
Views: 18,074
Posted By MarketPilot
My Trade Levels

Hi Steve,

Thanks for your interest. I use InvestorRT for my charts and those are custom indicators I developed for my trading method. Forgive me as I have not disclosed the exact calculation and...
Forum: Psychology and Money Management July 20th, 2013, 11:24 PM
Replies: 58
Views: 18,074
Posted By MarketPilot
Volume points the way

I also found I need to take my trades in the direction of the trend for the best results. I have a fairly active method that benefits from switching directions intraday. If I miss a trend change...
Forum: Traders Hideout July 14th, 2013, 10:57 AM
Replies: 12
Views: 12,157
Posted By MarketPilot
I agree that picking the reversal points are...

I agree that picking the reversal points are tough to do, especially when starting out. The market always seems to have an extra push or two before really making the reversal. I would suggest that...
Forum: Trading Journals July 12th, 2013, 08:16 PM
Replies: 47
Views: 11,803
Posted By MarketPilot
I suspect Trade Analyzer will allow you to add...

I suspect Trade Analyzer will allow you to add the entry price as a column to the above report? I'd think this would help you analyze the trades better. I try to review the following items daily...
Forum: Traders Hideout July 11th, 2013, 06:18 PM
Replies: 12
Views: 12,157
Posted By MarketPilot
I use a 1-minute chart for trade entries and...

I use a 1-minute chart for trade entries and exits. I like to see lighter volume spikes at a Higher High or Lower Low along with NYSE Tick making a lower High or a Higher Low respectively as a place...
Forum: Trading Reviews and Vendors July 11th, 2013, 12:00 AM
Replies: 1,296
Views: 502,195
Posted By MarketPilot
With all the recent activity on this thread, I...

With all the recent activity on this thread, I think this question got missed.
Forum: Trading Reviews and Vendors July 10th, 2013, 08:35 AM
Replies: 1,296
Views: 502,195
Posted By MarketPilot
I agree with your comments... It can also...

I agree with your comments...

It can also add the psychological pressures that "I took a trade today" so not I must be profitable today. Need to keep this kind of thinking out of trading.
Forum: Trading Reviews and Vendors July 10th, 2013, 08:04 AM
Replies: 1,296
Views: 502,195
Posted By MarketPilot
The "old style" combine allowed you some extra...

The "old style" combine allowed you some extra trading days if you were close to reaching the profit target. Now, you only get extra days if you decide not to take any trades on some of the days.
...
Forum: Trading Reviews and Vendors July 10th, 2013, 07:51 AM
Replies: 1,296
Views: 502,195
Posted By MarketPilot
It would be interesting to know how many people...

It would be interesting to know how many people reach the target early only to have some losing days cause them to fall under and not reach the objective.

I agree with the Psychology aspect as...
Forum: Trading Reviews and Vendors July 10th, 2013, 07:37 AM
Replies: 1,296
Views: 502,195
Posted By MarketPilot
Am I reading this wrong.... Still sounds...

Am I reading this wrong....

Still sounds like the 20 day combines exist. They just have the same profit target. So you can decide either 10 or 20 days to reach the same profit target.
Forum: Trading Reviews and Vendors July 8th, 2013, 08:25 PM
Replies: 1,296
Views: 502,195
Posted By MarketPilot
I am also glad to see Ninja is getting close. I...

I am also glad to see Ninja is getting close. I have an additional question regarding Ninja licensing too. I'm curious if I have Ninja installed, will I change my current license for the combine or...
Forum: Psychology and Money Management July 7th, 2013, 12:13 PM
Replies: 30
Views: 6,301
Posted By MarketPilot
I read your post as a 10 tick "mental stop" with...

I read your post as a 10 tick "mental stop" with a hard physical stop at 15 pips. Was the 15 pip stop the mistake? Just trying to figure out if there is risk the market could hit the larger stop...
Forum: Psychology and Money Management July 7th, 2013, 12:08 PM
Replies: 30
Views: 6,301
Posted By MarketPilot
Mental Check list

This is great to have a mental check list to ensure the trade matches you plan.
Forum: Psychology and Money Management July 7th, 2013, 12:04 PM
Replies: 30
Views: 6,301
Posted By MarketPilot
Clarification

I'm not sure how to interpret the second rule. Is it:


Only three trades per day win or lose.
Stop after three losing trades per day, but may have more trades when there are winners.
Stop...
Forum: Trading Journals July 7th, 2013, 11:55 AM
Replies: 460
Views: 103,810
Posted By MarketPilot
They are real big on maximum loss. I would doubt...

They are real big on maximum loss. I would doubt you could get much changed related to daily loss. Or if they allowed it in the combine, you would have a harder time getting to the funding stage.
...
Forum: Trading Journals July 7th, 2013, 11:50 AM
Replies: 460
Views: 103,810
Posted By MarketPilot
I did not read all the new posts before before my...

I did not read all the new posts before before my last post.

If there are few trades per day I understand why you would swing for the fence on the first trade and have the risk of a loss keeping...
Forum: Trading Journals July 7th, 2013, 11:15 AM
Replies: 460
Views: 103,810
Posted By MarketPilot
Hi Kevin, Here is my thinking on this topic...

Hi Kevin,

Here is my thinking on this topic as I have been trying to figure out what to do for my combine. My thinking breaks sizing into two categories.


Initial sizing
Maximum Sizing.
...
Forum: Trading Journals July 7th, 2013, 08:34 AM
Replies: 160
Views: 27,488
Posted By MarketPilot
The "Red Trade" comment sounds like you may not...

The "Red Trade" comment sounds like you may not have complete faith in the trades you take. You sound so much like me just a few weeks back. I had to fine tune both my entry criteria and trend...
Forum: Trading Journals July 7th, 2013, 08:10 AM
Replies: 160
Views: 27,488
Posted By MarketPilot
I had this same issue too. When ever I decided...

I had this same issue too. When ever I decided what the market "will do" it was too easy for me to "make up" a trade that matches my decision and does not match all my trading criteria. I feel...
Forum: Traders Hideout July 6th, 2013, 10:59 PM
Replies: 8
Views: 5,070
Posted By MarketPilot
Not exactly. I was trying to say when you place...

Not exactly. I was trying to say when you place the order to short sell, you are at the back of the line to get filled. If the trend is down, the market may not retrace enough for you to get...
Forum: Traders Hideout July 6th, 2013, 02:18 PM
Replies: 27
Views: 12,860
Posted By MarketPilot
I agree that trading is a personal thing. Just...

I agree that trading is a personal thing. Just as some of us will like to day trade over swing trading. But if the personality and interest seem to be there, I would try to teach my kids. They...
Forum: Trading Journals July 6th, 2013, 10:47 AM
Replies: 160
Views: 27,488
Posted By MarketPilot
I know what you mean about the 30K combine. I...

I know what you mean about the 30K combine. I ruled it out as an option for me because I could not trade 2 lots initially and support three consecutive losing trades of up to 2 points each. Once...
Forum: Trading Journals July 6th, 2013, 08:27 AM
Replies: 160
Views: 27,488
Posted By MarketPilot
I had another thought to share... I solved...

I had another thought to share... I solved taking quick sure profits by doing exactly that. I enter with maximum size (currently two) and scale out the first half (1) contract at a close target. ...
Forum: Trading Journals July 6th, 2013, 08:06 AM
Replies: 460
Views: 103,810
Posted By MarketPilot
TST Combine Draw Down from Initial Balance

I'm still debating in my mind if I should try to change contract size based on the TST Combine Draw Down from Initial Balance rule. I can easily see how after a winning trade you are enabled to then...
Forum: Traders Hideout July 5th, 2013, 10:22 PM
Replies: 8
Views: 5,070
Posted By MarketPilot
If you are a seller at 855.25 and the market...

If you are a seller at 855.25 and the market prints 1 order at 855.50, you would be filled as all the order book at 855.25 has to all be filled before we can print any 855.50 orders.
Showing results 1 to 25 of 41

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top