NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 25 of 58
Search: Posts Made By: spiderbyte87
Forum: Feedback and Announcements August 8th, 2014, 05:05 PM
Replies: 801
Views: 134,600
Posted By spiderbyte87
I think at this point most of the members...

I think at this point most of the members identify the futures.io (formerly BMT) name with this site as a "brand". People like being on a "team", and the older the team the more invested its members...
Forum: Traders Hideout July 20th, 2014, 08:11 PM
Replies: 42
Views: 26,865
Posted By spiderbyte87
how do you calculate targets?

how do you calculate targets?
Forum: Psychology and Money Management July 16th, 2014, 09:14 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
Writing this on the ipad so gonna be quick.. Will...

Writing this on the ipad so gonna be quick.. Will have an update to this in the next couple of days. I made some major changes so the guide will have to be rewritten. Im also moving the spreadsheet...
Forum: Psychology and Money Management July 14th, 2014, 01:49 AM
Replies: 19
Views: 3,901
Posted By spiderbyte87
I should mention that this will ONLY get as close...

I should mention that this will ONLY get as close as possible to your preferred risk and will go over if the volatility profile deems that to be the best option. This is done by calculating the...
Forum: Psychology and Money Management July 13th, 2014, 04:26 PM
Replies: 24
Views: 12,876
Posted By spiderbyte87
Yeah I'm definitely feeling this. I find that...

Yeah I'm definitely feeling this. I find that checklists help me a LOT. If I write it down as a list of bite-sized pieces, I find myself feeling less inclines to ignore important details.
Forum: Trading Reviews and Vendors July 13th, 2014, 04:18 PM
Replies: 287
Views: 260,306
Posted By spiderbyte87
Yeah I guess I should have assumed that based on...

Yeah I guess I should have assumed that based on how he harassed me. Guy needs to get his head checked. And I'm thinking I need to get my head checked for taking such an interest in his drama.
Forum: Psychology and Money Management July 13th, 2014, 04:12 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
GUIDE

In order for this to work you need to be working on two timeframes. These are dependent on your account size and the way you trade. We're only using one chart so use your lower timeframe with a...
Forum: Trading Reviews and Vendors July 13th, 2014, 03:05 PM
Replies: 287
Views: 260,306
Posted By spiderbyte87
Who would benefit from artificially increasing...

Who would benefit from artificially increasing the numbers? Not David unless he believes in the "all publicity is good publicity" BS.
Forum: Psychology and Money Management July 13th, 2014, 03:07 AM
Replies: 19
Views: 3,901
Posted By spiderbyte87
Thanks ill have to open it in excel on my laptop...

Thanks ill have to open it in excel on my laptop and reupload.. I still have to put together a guide to using it anyway, shouldn't have jumped the gun i was just so excited to share my work.. Holy...
Forum: Psychology and Money Management July 11th, 2014, 08:29 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
Well I think I've figured it out. I'm sure...

Well I think I've figured it out. I'm sure FatTails will tell me otherwise, but I think I have a system for optimizing R:R based on volatility and max preferred trade risk.

After playing with some...
Forum: Trading Reviews and Vendors June 20th, 2014, 06:19 PM
Replies: 287
Views: 260,306
Posted By spiderbyte87
"The 90s called, they want their website back!"....

"The 90s called, they want their website back!". Dude can't build a decent looking website to save his life. You'd think he could afford a programer with all the cash he's raking in.

Maybe he'll...
Forum: Psychology and Money Management May 9th, 2014, 10:42 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
After testing this I've found that this produces...

After testing this I've found that this produces a biased ratio relative to volatility and volume. To reverse the bias, you can do the following:

Instead of using the difference between the fast...
Forum: NinjaTrader May 7th, 2014, 08:30 PM
Replies: 3
Views: 1,343
Posted By spiderbyte87
Does this include trade execution? I thought I...

Does this include trade execution? I thought I looked at it and it was a way to visualize risk:reward.. i'll give it a look and report back if I find myself feeling dumb :)
Forum: NinjaTrader May 7th, 2014, 06:42 PM
Replies: 3
Views: 1,343
Posted By spiderbyte87
Manual stop/target pre-entry

Ninjatrader's entry system is limiting for those of us whose entries are based on market dynamics..

Has anyone out there worked on a way to pre-define entry, stop, and target on chart trader? I've...
Forum: Psychology and Money Management May 5th, 2014, 12:45 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
Fast ATR definitely drops below slow ATR, but...

Fast ATR definitely drops below slow ATR, but those are times when I would not consider taking a trade. The idea is that as price becomes more rangebound, risk is reduced. I know this is an obvious...
Forum: Psychology and Money Management May 5th, 2014, 11:53 AM
Replies: 19
Views: 3,901
Posted By spiderbyte87
I hadn't thought of it that way, thank you! I'll...

I hadn't thought of it that way, thank you! I'll have to contemplate whether VWAP SDs are the best choice. I may try a SD of the fast ATR, but for now I'm going to test out the VWAP idea.
Forum: Psychology and Money Management May 4th, 2014, 08:07 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
So let's look at a hypothetical trade setup: ...

So let's look at a hypothetical trade setup:

https://nexusfi.com/attachment.php?attachmentid=145773

In this case the I'm using a 3 minute chart. The fast ATR is 14 period and the slow is 2400...
Forum: Psychology and Money Management May 4th, 2014, 07:41 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
Ok so I'm going to use VWAP standard deviation...

Ok so I'm going to use VWAP standard deviation bands as a way to approximate the ATR multiple. It's pretty simple:

if your entry will be between VWAP and the first standard deviation, then use a...
Forum: Psychology and Money Management May 4th, 2014, 05:10 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
Yeah I thought of that. Unfortunately the only...

Yeah I thought of that. Unfortunately the only thing I can think of doing is using an ATR multiple to widen the stop. The problem is that you run into the old issue of "which number do I use?". I'll...
Forum: Psychology and Money Management May 4th, 2014, 04:55 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
My thinking is that once the fast ATR crosses...

My thinking is that once the fast ATR crosses under the slow ATR, you are in a no-trade zone because volatility is no longer any better than the average, and thus your opportunity for profit is less...
Forum: Psychology and Money Management May 4th, 2014, 04:40 PM
Replies: 19
Views: 3,901
Posted By spiderbyte87
A method to tie R:R directly to volatility.

Lately I've been trying to refine how my risk/reward. Instead of a using arbitrary numbers or my own intuition, I want to have both risk and reward defined by market conditions. ATR is the obvious...
Forum: Trading Reviews and Vendors May 2nd, 2014, 10:00 PM
Replies: 48
Views: 29,941
Posted By spiderbyte87
I hate to be a negative nancy, but don't get too...

I hate to be a negative nancy, but don't get too excited just yet. Forward test this bad boy on several markets for a couple of weeks before you risk real money.

Also, don't be too concerned with...
Forum: NinjaTrader May 1st, 2014, 06:15 PM
Replies: 6
Views: 1,370
Posted By spiderbyte87
If you're using Ninja then a simple trailing stop...

If you're using Ninja then a simple trailing stop would work, but I assume you mean you want to exit with PSAR, which would mean you need to code a strategy. I've never messed with Ninja's strategy...
Forum: Feedback and Announcements April 29th, 2014, 10:57 AM
Replies: 801
Views: 134,600
Posted By spiderbyte87
That's something I've thought of doing, but I...

That's something I've thought of doing, but I can't make it work.. any idea how you think it should look in general?
Forum: NinjaTrader April 27th, 2014, 10:30 PM
Replies: 6
Views: 1,370
Posted By spiderbyte87
"does not make it".....what does that mean,...

"does not make it".....what does that mean, exactly?? Like if it reaches 94 points then pulls back to 90 then go with 90?
Showing results 1 to 25 of 58

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