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Webinar: FuturesTrader71 (FT71) Morad Askar on Getting Started Scalping
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Webinar: FuturesTrader71 (FT71) Morad Askar on Getting Started Scalping

  #81 (permalink)
Elite Member
Berlin Germany
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: @ES, @FESX, @FDAX, @FGBL
 
kurucz's Avatar
 
Posts: 7 since Dec 2013
Thanks: 10 given, 3 received

Trade Analyzer


FuturesTrader71 View Post
Or you can simply join Stage 5 Trading and have it for free. The product is proprietary and it was created by me for my prop shop/ prop traders. The results of the TA are stored by our online trading clients and are sent to me when they are seeking analysis or help. This is the real value of the tool above and beyond what it is telling you in real time while you trade.

Oh... and the S5 TA has copyrights.

Thank you FT for the reply. I really like the tool. As I am not (yet) a customer of S5 I use the "light" version of NT7 which is also quiet helpful. Better than nothing. My goal is to have a healthy ratio of MFE and MAE.

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Last edited by kurucz; October 24th, 2014 at 04:01 PM. Reason: orthography
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  #82 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
FuturesTrader71's Avatar
 
Posts: 238 since Feb 2012
Thanks: 74 given, 785 received


kurucz View Post
Thank you FT for the reply. I really like the tool. As I am not (yet) a customer of S5 I use the "light" version of NT7 which is also quiet helpful. Better than nothing. My goal is to have a healthy ratio of MFE and MAE.

Understood. Hop on over and support S5. We have several folks from Germany trading everything from Bunds to EuroStoxx to FDAX. We will give you better stat tools.

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.


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  #83 (permalink)
Elite Member
Malaysia
 
Futures Experience: Beginner
Platform: Multichart DT
Broker/Data: MB Trading
Favorite Futures: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 59 received


Hi FT,

On your previous webinar you mention the rotation on the ES. For scalping would it still be the same since you use 3 renko.

Could you list the rotation for other instrument like 6E, CL, NQ, YM ect.

Thanks

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  #84 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
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torroray View Post
Hi FT,

On your previous webinar you mention the rotation on the ES. For scalping would it still be the same since you use 3 renko.

Could you list the rotation for other instrument like 6E, CL, NQ, YM ect.

Thanks

I'm not 100% but I think this has been covered in this thread:

https://futures.io/elite-circle/20164-master-homework-statistics-thread.html

Several users provided the source data and/or spreadsheets to do the calcs.

Mike

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  #85 (permalink)
The Narrow Road
Belgium
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Ninjatrader Brokerage, CQG
Favorite Futures: FDAX, FDXM ...maybe
 
podski's Avatar
 
Posts: 379 since Sep 2012
Thanks: 443 given, 457 received

What about Eurex?

Hi FT,

What about EUREX and fees and commissions ?

There doesn't seem to be a membership type programme but many brokers have tiered commission levels.

How did you do it when you were trading the DAX?

p

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  #86 (permalink)
Elite Member
Neuwied Germany
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: AMP, CQG
Favorite Futures: Bund future
 
Posts: 712 since Jul 2013
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Big Mike View Post
For future webinars, what do you guys want more? A formal presentation or another live market scalping demonstration, with the caveat of it being market replay due to the webinar time of day and compressed time nature?

Mike

This was a fantastic webinar and the greatest worth for me was the live demonstration even in market replay. Therefore i would appreciate further "live" dems. I had no doubt, that FT71 was not prepared and i admired how he stayed cool after the first two loosing trades. He came in the flow and turned the scenario positive in his third trade.
If i saw it right, he was far away from a 1:1 R.R, what i consider to be very interesting having the recent discussion about this here on futures.io (formerly BMT) in mind. Thanks for the webinar.

Waiting, Discipline and Patience Pays!
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  #87 (permalink)
Elite Member
Stavanger, Norway
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Ninjabroker, Continuum
Favorite Futures: ES, CL, Bonds
 
Posts: 675 since Nov 2012
Thanks: 905 given, 1,769 received


Big Mike View Post
Maybe you could convince them to offer the tool as a commercial product. I like the tool and wish more platforms would offer tracking "theoretical average" (FT71 speak) which is really just a flat-to-flat average. Sierra does this built-in.

Mike

Would just like to bump this a bit. The shown average price in NT when adding and removing contracts is frankly just confusing to me. Ive been looking for something like the theoretical average for some time.

Wouldnt something like this be really easy to code as an indy?

At least i hope @NinjaTrader will consider adding this for NT8 ..

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The following user says Thank You to danielk for this post:
 
  #88 (permalink)
The Narrow Road
Belgium
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Ninjatrader Brokerage, CQG
Favorite Futures: FDAX, FDXM ...maybe
 
podski's Avatar
 
Posts: 379 since Sep 2012
Thanks: 443 given, 457 received

The Chimp Paradox

@FT71

Thanks for the recommendation on the The Chimp Paradox ... great book. It is a very digestible quick read for anyone looking to understand why they may not always follow their plan and what to do about it.

podski .. the chimp exerciser ..

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  #89 (permalink)
Elite Member
Victoria BC/Canada
 
Futures Experience: Advanced
Platform: Investor RT, Ninjatrader,
Broker/Data: DTN/CQG/Rythmic
Favorite Futures: ES ,Currency Futures, Oil , Gold
 
Posts: 41 since Nov 2011
Thanks: 95 given, 29 received

Chimp Paradox

Thanks for recommending this book FT, Its great !! Boy will this explain in simple terms, many of the underlying drives we traders ( humans ) try to control. A neat concise package, easy to read for those who don't care for books, and for me as a parent a super resource to help my kids.
Another example of why I follow FT, buy his book ideas and listen carefully when he speaks.
All the best FT

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  #90 (permalink)
Elite Member
berlin
 
Futures Experience: Intermediate
Platform: ninjatrader x-trader
Favorite Futures: bund, zb, zn
 
Posts: 7 since Mar 2013
Thanks: 10 given, 0 received

scalping campaign


great webinar. i would like to learn more about campaigning. can anyone recommend a book or resource?

thanks

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