All you need (Page 133) - Traders Hideout | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout


All you need
Started:August 16th, 2009 (05:47 PM) by Jeff Castille Views / Replies:406,748 / 2,469
Last Reply:August 7th, 2014 (04:54 PM) Attachments:534

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
 534  
 
Thread Tools Search this Thread

All you need

Old October 15th, 2009, 01:06 PM   #1321 (permalink)
Member
USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ES
 
Jugador's Avatar
 
Posts: 163 since Jul 2009
Thanks: 67 given, 50 received


Jeff Castille View Post
I think that there is room for both. I don't mind people talking about their set ups..... but it's also nice to see it in action. That means the Ninja entries and exits......no BS.

Just my 2 cents.

Jeff

Right...it's one thing to make $10,000 with your new roulette betting strategy on your casino PC game, but it's totally different to walk into a "real" casino and plop those black $100 chips on the table!

Reply With Quote
     

Old October 15th, 2009, 03:53 PM   #1322 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,274 received

Wedgie

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



Got a wedgie??? I guess it's really an ascending triangle.http://www.incrediblecharts.com/technical/triangles_and_wedges.php

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

Old October 16th, 2009, 12:54 PM   #1323 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,274 received

First 5 minutes


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


Hey all,

I've been looking at the first 5 minutes for a while now......it's getting to be one of my favorite trades.

If you go back to the start of this current contract (or for that matter as far back as you want) and see what your winning percentage would be.......I think you'll find it's very high. Couple this knowledge with a good risk/reward and it's a great way to start your day. Better than Wheaties !!!

Jeff

Reply With Quote
     
The following 2 users say Thank You to Jeff Castille for this post:
     

Old October 16th, 2009, 01:32 PM   #1324 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,274 received

????????

Guys....please.....if you want to talk about CRYBA start a thread about it.

Thanks, Jeff

Reply With Quote
     

Old October 16th, 2009, 05:05 PM   #1325 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,552 since Jun 2009
Thanks: 1,151 given, 2,002 received

Futures Edge on FIO

Are you a NinjaTrader user?

 

Jeff Castille View Post
I've been looking at the first 5 minutes for a while now......it's getting to be one of my favorite trades.

If you go back to the start of this current contract (or for that matter as far back as you want) and see what your winning percentage would be.......I think you'll find it's very high. Couple this knowledge with a good risk/reward and it's a great way to start your day. Better than Wheaties !!!

I went through around 10 ES days looking at this and I only found 1 day that was a loss. Very good idea. I'll be simming it next week to see how it goes. Man that'd be awesome get my 4 pts in the first 10 minutes and then go play!

Reply With Quote
     

Old October 16th, 2009, 05:22 PM   #1326 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,274 received

First 5 minutes

Note that even on the rare occasions when this trade does not work you can often breakeven by taking the trade at the opposite end of the first 5 minute bar. So for example the first 5 minutes passes and you enter long as the price exceeds the first 5 minute bar. Unfortunately, the trade does not go in your favor and you take a stop out .....this is where the r/r is critical. A minute or two passes and the price then exceeds the bottom of the first 5 minute bar....and it's a winner. Breakeven on the day.

So.....the last 27 trading days you had 21 winning days and 6 breakeven. Not too schabby.

Setting realistic targets that make sense with your stop is key.

Anyway.....let me know the results of your findings.

Jeff

Reply With Quote
     

Old October 16th, 2009, 05:40 PM   #1327 (permalink)
Elite Member
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E, ES
 
TheWizard's Avatar
 
Posts: 1,671 since Jun 2009
Thanks: 506 given, 3,970 received

Is that short for CRYBABY?

After all, it's what you learn AFTER you know it all, that counts!
Reply With Quote
     

Old October 16th, 2009, 05:49 PM   #1328 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,274 received

cryba

Perhaps so.....I wonder where Haim went? I would very much like to follow the "Haim's Crystal Ball" thread.

Reply With Quote
     

Old October 16th, 2009, 05:54 PM   #1329 (permalink)
Elite Member
ct
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 99 since Jun 2009
Thanks: 24 given, 13 received


Jeff Castille View Post
Note that even on the rare occasions when this trade does not work you can often breakeven by taking the trade at the opposite end of the first 5 minute bar. So for example the first 5 minutes passes and you enter long as the price exceeds the first 5 minute bar. Unfortunately, the trade does not go in your favor and you take a stop out .....this is where the r/r is critical. A minute or two passes and the price then exceeds the bottom of the first 5 minute bar....and it's a winner. Breakeven on the day.

So.....the last 27 trading days you had 21 winning days and 6 breakeven. Not too schabby.

Setting realistic targets that make sense with your stop is key.

Anyway.....let me know the results of your findings.

Jeff

Hi Jeff, can you explain your 5 minutes method? How that works? Thanks

Reply With Quote
     

Old October 16th, 2009, 06:02 PM   #1330 (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: 45,539 since Jun 2009
Thanks: 28,884 given, 80,124 received



Jeff Castille View Post
Perhaps so.....I wonder where Haim went? I would very much like to follow the "Haim's Crystal Ball" thread.

haim is now banned. He is actually the user named Tzachi, which has created several accounts since he was banned for being offensive to others users of futures.io (formerly BMT). They've all been caught and banned, but the new one "haim" took longer (too long) for us to catch. The moderators knew about it earlier but I am just logging on for the day and hit the ban button.

All his posts are deleted now.

Sorry for any interruption, please continue the thread.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     
The following 3 users say Thank You to Big Mike for this post:
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > All you need

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     


All times are GMT -4. The time now is 04:13 AM.

Copyright © 2016 by 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 2016-12-04 in 0.13 seconds with 19 queries on phoenix via your IP 54.211.82.105