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The way I trade gold (realtime trading)


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Updated December 29th 2013 by WolfieWolf
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The way I trade gold (realtime trading)

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  #1 (permalink)
Perm, Russia
 
Experience: Advanced
Platform: Ninjatrader, thinkorswim
Trading: Futures
 
DoveRise's Avatar
 
Posts: 4 since Sep 2011
Thanks: 3 given, 8 received

The way I trade gold (realtime trading)

Hi traders,

I have started a public experiment in which I trade futures on gold publicly and realtime. It is big pressure on me, but my intention is to show in front of the interested eyes that it is possible to consistently make profits while daytrading futures. You can join my online translations via links on webinars (GoToWebinar platform) that I will publish in my thread on futures.io (formerly BMT). I do not need your personal information, and I do not want to sell anything. If someone can help me on how to organize my online translation in a better way, please, tell me.

So, the terms are:
1. Initial deposit - $20K. Maximum daily loss - $2K. The goal is to make +200K
2. Instrument to trade - futures on gold (GC)
3. Trading hours - 1:00 pm CST - 3:00 am CST. I am flat before clearing
4. Money management - 1 contract per $20K on my deposit. I will start trading 2 contracts once I break 40K, 3 - 60K etc
5. No scale in/out trades, no averaging. That is I enter with all the required volume at once and do the same while exiting.

A few words on the trading system - there will be many small losses with an idea to hit a daily homerun. I do not use indicators, just volume, S/R zones. I have strictly shaped rules that minimize the thinking burden on my mind.

During a session, I am not going to explain the system, or why I entered/exited. There will be a streaming video without audio.

What a spectator see is the detailed info on the daily P&L, my 1m, 15m and 60m charts. Entries and exits can be seen on 1m and 15m charts a nanosecond after I have my order filled. The DOM and my pending orders are not seen. The trading platform - Ninjatrader. It will look like this:




These are the results of the first online session that I had on the last Friday. So, the depo balance is 20670 now. Btw, I am Russian, so, I apologize for any awkwardness (or Russian words that you may not understand) you may encounter.

So, how do I trade? Here are the results of my last combine with Topsteptrader.com:




Despite the fact that I have satisfied all the necessary requirements (well, except one, I opened 4 or 5 trades half an hour before the permitted trading hours), I consider their programs as a good training exercise and no more. I do not have a goal to become their prop-traider as I know that my trading style is not what they would like to see everyday.

If you are interested, please, join me at:

https://attendee.gotowebinar.com/register/7608022685137362177

It will be fun!

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  #3 (permalink)
Charlottetown, Prince Edward Island
 
Experience: Advanced
Platform: Ninja
Broker: Optimus - Rithmic
Trading: GC
 
WolfieWolf's Avatar
 
Posts: 232 since Jul 2010
Thanks: 100 given, 269 received


Dude we took almost exactly the same trade on Friday. I bought 1193's and sold 1201.6... Good luck with this.

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  #4 (permalink)
Perm, Russia
 
Experience: Advanced
Platform: Ninjatrader, thinkorswim
Trading: Futures
 
DoveRise's Avatar
 
Posts: 4 since Sep 2011
Thanks: 3 given, 8 received


WolfieWolf View Post
Dude we took almost exactly the same trade on Friday. I bought 1193's and sold 1201.6... Good luck with this.

Wow! It was a really great entry! And thanks for your kind words.

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  #5 (permalink)
Perm, Russia
 
Experience: Advanced
Platform: Ninjatrader, thinkorswim
Trading: Futures
 
DoveRise's Avatar
 
Posts: 4 since Sep 2011
Thanks: 3 given, 8 received

Trading results. 12/23/2013

Hello, traders,

thanks to all of you who were able to watch my realtime trading. The results are +$795 (+4% to my initial deposit).

The depo is $ 21,465 now.



I am going to try twitch.tv instead of GoTowebinar, but there will be a 22 sec delay in translation. I hope, it is ok with observers. I may also turn sound on so that ahyone could hear when I have gone into position.

And Merry Christmas!

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  #6 (permalink)
Perm, Russia
 
Experience: Advanced
Platform: Ninjatrader, thinkorswim
Trading: Futures
 
DoveRise's Avatar
 
Posts: 4 since Sep 2011
Thanks: 3 given, 8 received

Trading results. 12/27/2013

Hello, traders,

This time I got -$340. I had a signal to reverse at 1211.5, but did not follow it as it was not strong and in twilight zone. So, I missed the only big move for the day. It is ok. I am not a bot.



Unfortunately, I won't be able to stream via twitch.tv, as they do not like this kind of activity. So, I will continue via GoToWebinar.com

I will announce the scheduled streaming here in my journal. Please, follow my journal at futures.io (formerly BMT).

Happy New Year!

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  #7 (permalink)
Charlottetown, Prince Edward Island
 
Experience: Advanced
Platform: Ninja
Broker: Optimus - Rithmic
Trading: GC
 
WolfieWolf's Avatar
 
Posts: 232 since Jul 2010
Thanks: 100 given, 269 received

Dude, Your signal to reverse at 1211.5 was exactly correct, I had the same signal using Harmonics @ 1211.2, I paid 1211.3 and carried it up tp 1213.9.

Notice the green Gartley level, I had buy limits at this level.

It seems we get similar signals on GC, I would be very interested in learning more about your method. Are you able to provide any further information? My method is documented extensively in my journal:


Feel free to PM me if you want to collaborate, I think we could benefit from each other.

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December 29, 2013


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