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RUNNING THROUGH THE JUNGLE! TRADING THE COMBINE VIDEO SERIES


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RUNNING THROUGH THE JUNGLE! TRADING THE COMBINE VIDEO SERIES

  #11 (permalink)
 
Trader2016's Avatar
 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
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Big Mike View Post
Hi @Trader2016,

I notice that every single post is just to promote your YouTube channel. There is no discussion here, you are simply using futures io as a means to advertise your channel.

What are your intentions? Are you starting a trading related business, or plan to at some point in the future?

Will you ever offer any type of paid service or product, or start a website/blog that earns money by referral or by paid services or products, in any way?

Mike

NOPE. I JUST TRADE, RESEARCH NEWS AND STUDIES ONLINE, AND I JUST STARTED MAKING VIDEOS, AND TALKING TO OTHER TRADERS LIKE EVERYONE ELSE ONLINE THESE DAYS. I'M JUST A CHATTER STARTING A CONVERSATION NOT RUMORS ABOUT MAKING VIDEOS INTO BUSINESSES. MY VIDEOS AREN'T EVEN MONETIZED. PEOPLE DON'T WANT THOSE COMMERCIALS, AND IT MAKES IT LOOK LIKE YOU ARE UP TO SOMETHING ELSE.

ABOUT THE MOST BUSINESS I'M INTO OUTSIDE OF TRADING MARKETS THESE DAYS IS JUST TALKING TO PEOPLE ABOUT HOW TO LEARN TO TRADE FOR FREE ONLINE.

IT DOES HOWEVER SEEM LIKE EVERYTIME I TRY TO DO THE GOOD THING FOR PEOPLE THESE DAYS MY INTENTIONS ARE NOT UNDERSTOOD, AND IT'S ASSUMED I'M UP TO NO GOOD. I GUESS THAT'S WHY I'M HELPING PEOPLE RANDOMLY LIKE A SPORT, AND THE REST ARE NOT. I'M UP TO NO HARM, AND DEALING WITH THE HARMFUL ONES, WHILE THEY ARE UP TO NO GOOD, ASSUMING THE WORST.


I'M JUST ABOUT TEACHING TRADERS, AND CONTINUING MY EXPEDITION INTO THE PROBLEMS AND CONCERNS ABOUT TRADERS AND JUST PEOPLE ONLINE IN GENERAL. MAY HAVE HAVE YOUR APPROVAL TO CARRY ONE, BIG MIKE. I'VE APPRECIATED THE WEBSITE FOR A LONG TIME, AND I RECOMMEND IT TO THE NEW TRADERS I ENCOUNTER THAT WANT TO LEARN ESPECIALLY THE INTERVIEW VIDEOS HERE. IT WAS A GENIUS IDEA TO BEGIN THIS WEBSITE. I DON'T THINK I'LL BE DOING ANYTHING LIKE THAT.

A FEW PEOPLE HAVE SAID THAT THE VIDEOS ARE GOOD, SO I HAVE A FEW APPROVALS. THAT'S GOOD. QUALITY NOT QUANTITY IS BETTER IN MY OPINION, SO THEY CAN BECOME TEACHERS.

GOOD TO SEE YOU IN THERE.

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  #12 (permalink)
 
Trader2016's Avatar
 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
Thanks Given: 20
Thanks Received: 42





I cut out at the top when I could see it was a lazy Monday, and there is why. Nothing happened after that. I'd have given it all back if I stay in after the Riot Session in the morning.

Oil was great, and I wish I would have stayed for that. 2 more great trades in that market, but I can't make the video last forever. I had to go buy some bitcoin.

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  #13 (permalink)
 
Trader2016's Avatar
 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
Thanks Given: 20
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I guess I left a limit order on after I stopped trading yesterday. All I know is the market opened, and then I heard the platform say a trade filled. I looked, and my combine was blown out. I hit the draw down.

I'll be back on it tomorrow again. This is easy stuff to do. Part of the job a lot of people don't realize is just the skillful operation of the platforms separate of economic trading expertises.

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  #14 (permalink)
 options 
toronto
 
Experience: Advanced
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Trader2016 View Post
I guess I left a limit order on after I stopped trading yesterday. All I know is the market opened, and then I heard the platform say a trade filled. I looked, and my combine was blown out. I hit the draw down.

I'll be back on it tomorrow again. This is easy stuff to do. Part of the job a lot of people don't realize is just the skillful operation of the platforms separate of economic trading expertises.

At least you honestly admitting your mistakes .

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  #15 (permalink)
 
Trader2016's Avatar
 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
Thanks Given: 20
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options View Post
At least you honestly admitting your mistakes .

Oh ya. You'll see the reality of trading right here. I don't mean to teach anyone even a glimpse of the business practice of trading being a perfect thing. I think a lot of the problem for the traders is they think that this is a perfect, crystal cut business practice, and their own image as they make mistakes freaks them out. I see people all over the board into the psychological fears remedy things, and so I know it's a big deal for people.

They need to see real trading fundamentally, but they need to see real mistakes too. They gotta see how the mistakes are normally there, and they gotta see how disciplined, systematic, and knowledgeable trading will round out those mistakes by and by. You're going to learn from your mistakes on one hand, and you're going to round out your bad trades on the other hand. That's critical for traders to see. I think that's critical for everyone to see in just living a productive life in general. Much of what we do in the trading is what we do in general life living like risk adversity, cutting costs, hedging/insuring, budgeting, when to buy more, when to buy less, when to sell, when not to sell...... That's all basic life stuff.

Teaching is not just explaining. It's also leadership. Both are the systems of information being cast on the eyes and ears of the learners/followers. One is purely fact based. The other is purely image based. The common man's combination of the two is priceless. Much is learned not just about the information being dispensed, but also by the style it is dispensed as an example. That's something I have been working on for years as a coach, manager, trainer, and now trader guy.

Fact teaching and realistic leadership I believe will grow the trader from learner to profitable faster.

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  #16 (permalink)
 
Trader2016's Avatar
 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
Thanks Given: 20
Thanks Received: 42





+$187 on the day.

Yesterday I was out. News stuff came up because of things happening out there, and the video just became long without any trades. I did a rehash of the trades that could have been done near the end of the day, but that added 2 more hours to the first 2 hours. I just wound up cutting off the back half, making it just a basic understanding video of the bigger picture rather than a trading news, but it was still economic. Basically I messed up with my new video making software, so the last half about the chart wasn't done right.

The object of this journal is still the same. It is to take you through the real, raw not faked out steps from a 3 contract combine trader to having $10k-$20k profits in real cash on a funded firm account. I'm not endorsing any firm. I'm not monetizing any of my videos. It's purely just for teaching.

The main idea of the lesson I teach is how to trade of course, but where I get my understanding of markets from, and how the issuance of data all around determines my ability to interpret charts not as mere calculators or something of that nature, but as a population of people making deliberate decisions which have real consequences. Their decisions are the consequence of real data from many sources.

Don't see the charts as just computer thingies. See them as interpreters of many, many people making decisions.

When you can use the charts to understand the why the crowds in the markets make the decisions they do, you can know how to anticipate the results of their decisions before the results happen. That's the key to trading, investing, and life in general.

You have to know what decisions they made first, what are the consequences for their decisions, what are the results of their decisions which you can anticipate with a trading strategy, and then what trading strategy can you profit on those results of their decisions with.

The lesson is of the mentality of businessmen or businesswomen not of mere calculator web charts, then you cannot understand why the price cannot move where it cannot. If you can understand why it cannot move where it cannot move, then all you have to do is be where it can move before it moves there. In other words if you can just stop losing money, then all you have to do is wait for the money to wind up in your account. You'll still have small losses, but the more frequent profitable trades will round those little losses out over time taking you to the dream job you hope for.

You have to find the sweet spot of profit taking, and cost/loss/risk mitigating, and stay in it like you were trying not to drive too fast or too slow but just right in the sweet spot getting to where you want to go in you dream job without getting towed because you were caught or you wrecked because you were expecting more than what a 3 contract account can safely earn. Slow and steady wins the race in this case. Absolutely conservative trades only, and never be so greedy that you expect to much from any single trade. Also never be so greedy about a losing trade that you let a trade take too much from you as you expect to earn what is already gone. There are lots of trades. You can let the bad ones go, and you can take a tiny profit instead of expecting them to always give you a lot of money, and you will still wind up with more profitable trades than losing trades.

If you fear, you are just in a hurry to get paid. You're taking trades that are not in the sweet spot of the conservative road of trades, and you're not letting the daily "give and take" along the lines of conservative trades work itself out all on its own. You're not knowing why the market does what it does, or why it can't do what it doesn't do because you don't know who the market is. You think it's just a chart not people. And most of all you're just not trading and researching enough to see it's people behind the movements on the charts making the decisions that result the opportunities for you to profit just like in any Main St. shop. It's not just numbers at all.


Which Kind of Trader Are You?


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  #17 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
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Your title is trading through a combine.
One of the things about TST is they give you daily reports.
I think we would like to see them - each day.

This is important to separate talk from walk.


(I remember a fellow who made videos - and kept saying "picking up gold nuggets".
He later tried to sell trading courses for big dollars. For those of who have been here for a long time we are concerned for newer traders when anyone who makes out trading to be easy, simple and an ATM.

I am not saying this is the case for you. but the reports help. )

..........
peace, love and joy to you
.........
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  #18 (permalink)
 options 
toronto
 
Experience: Advanced
Platform: TOS
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Posts: 64 since Mar 2013
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Personally I have a big doubt that guy can make thru combine with this stile of trading --Brake outs of 5 min levels and capturing 40-80 $ ( will be glad if you can prove me wrong ) . But comments are pretty interesting even its not related to trading .You have a good, convincing voice ....
Re Combine mathematically makes more sense to play 50K account and have 2K D.D using 2-3 contracts .

Question to Trader 2016. I just completed building and testing semi - automatic strategy using Bloodhound and wont to test it with a strict combine rules before live trading . So Im planning to start 50K combine Monday and wonder if I can post daily results here (with no comments ) . Trading CL and GC . The reasons for posting here ---- I dont wont to open another related to combine journal and posting my results will make me more countable for my trading .
If not I will understand and will just keep it for myself .

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  #19 (permalink)
 
Trader2016's Avatar
 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
Thanks Given: 20
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aquarian1 View Post
Your title is trading through a combine.
One of the things about TST is they give you daily reports.
I think we would like to see them - each day.

This is important to separate talk from walk.


(I remember a fellow who made videos - and kept saying "picking up gold nuggets".
He later tried to sell trading courses for big dollars. For those of who have been here for a long time we are concerned for newer traders when anyone who makes out trading to be easy, simple and an ATM.

I am not saying this is the case for you. but the reports help. )

I know what you are saying. I don't monetize videos because commercials digress from the information.

First, I'm not selling anything. I'm just doing something with people to see what can happen constructively.

Secondly, I like to teach as much as I like to work and learn, and part of my working and learning regiment is teaching.

Lastly, I will do exactly that. It not a problem. I just didn't really care that much about it as if people were depending on my videos for life or death before. But I think it'll help. It a journal, remember?

Everyone should know that I'm not passing. In fact I blew up the account on Friday. I recorded the reviews of that, and I think that is an excellent lesson. I need to publish the videos still, and I'll do a screenshot and written lesson too. It's a free contribution not a paid contribution, so I have to do it in my free time.

Let's not get out of control. I'm journalling like everyone else. Don't forget then. I ain't no differents that anyone that can't trade on here needs real help. I notice people online like to point out that if you aren't retarded or something, then you must not be authentic or something. Sometimes they look to be offended by nearly anything, and then they see me, and they are offended by anything. So I gotta balance there while I try to do what I do with people who are interested in the same subjects as me. I'm nost saying that is what is happening here, but I've been there before like you've been there with the "gold nugget" marketing his stuff.

Even if I can't do anything right in this journal throughout the next two months, it is just a journal, and I don't want any stress about that. In fact I want to use it as a reference to teach friends which will bring more traders to the forum who will go on to succeed, and then bring more people here to the forum which is good for this community.


****It is imperative that traders are not stressing when trading. I can't express that enough. I would like to see them watching how mistakes go down in reality with good traders, and then listen to what it is that happened both in the market crowd's decision processes and with my own inaccuracies as if I am an example of any other trader in that market crowd. I want them to get a real eye and ear full of who or what is going on in the regular guys' trading rooms, and listen a little big about the institutional guys doing this too. That is all there is for anyone in me journals. I can't promise anyone anything other than to take from my own actions and wisdom, and then apply it or avoid it where it is applicable.


Thanks for your insights. Stay tuned. I broke my derned trading combine Friday. The come back kid is what it's about now. Stick and move. The sweet spot and discipline. Ooo! Eee! Aaa! Ohh!

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  #20 (permalink)
 
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 Trader2016 
New York, New York
 
Experience: Intermediate
Platform: MetaTrader
Trading: ES
Posts: 142 since Feb 2016
Thanks Given: 20
Thanks Received: 42



options View Post
Personally I have a big doubt that guy can make thru combine with this stile of trading --Brake outs of 5 min levels and capturing 40-80 $ ( will be glad if you can prove me wrong ) . But comments are pretty interesting even its not related to trading .You have a good, convincing voice ....
Re Combine mathematically makes more sense to play 50K account and have 2K D.D using 2-3 contracts .

Question to Trader 2016. I just completed building and testing semi - automatic strategy using Bloodhound and wont to test it with a strict combine rules before live trading . So Im planning to start 50K combine Monday and wonder if I can post daily results here (with no comments ) . Trading CL and GC . The reasons for posting here ---- I dont wont to open another related to combine journal and posting my results will make me more countable for my trading .
If not I will understand and will just keep it for myself .

Okay, post here. Let's see where this goes.


The thing I tell 'em is that the reason a beginner needs to start out with 3 contracts to get into a firm is because that's usually their lowest level, and the higher levels are to make money off of the newbies that don't know anything about risk assessment perceptiveness and abatement. In other words there are lots of people that are not equipped with business arithmetic, and they will vy for the higher level combines, thus they fail them. That means they start over, and they pay again and again. Then even when they get to the second phase in their tests to get in the firm, they they have to start out at the lowest number of contracts. The firms don't let them start at the higher number of contracts. That means that when they were trading and passing the first part with more contracts and more drawdown money to lose, they were not learning the essential trading risk patterns that they need to in order to pass the minimal drawdown and minimal contract level the firm offers.

The minimal drawdown and contract level is a school in itself, and if you pass it, you have learnt your lesson in business risk management which is all that a financier of any level including traders are capable of. That is THE #1 concept that anyone who manages capital does. And doesn't everyone do that as a household manager or even just an accident free lifestyle maker? The problem with the money financing business is that it is sticky sweet, and it gets people the wrong way that are not accustomed to it. It is necessary to compromise because we don't always want what we always need such as to never blow up the account which is all that matters to a firm and to yourself. Compromise is humiliatin.

So, starting at the higher levels gets nowhere if you can't pass the lowest level in the second phase of the test AND in the beginning of the funded trading account step.

To be honest with you, 3 contracts is too many contracts for a $500 drawdown. It is too much risk except for once in awhile if you are very, very good at trading. 2 contracts on $500 dd is too much except the rare occasion.

1 contract on a $500 dd is just right in fact. If you can't do it with that, then you are not trading with strict discipline. Rather you are hot dogging it trying to get rich fast because it sparks your fancy. Fancy smanschy, it is not what the firms are looking for. I know how these things work.

While I do suggest and respect experimenting and breaking all of the rules of trading in SIM to make the biggest losses and biggest wins without remorse just to learn what it is all about around the limitations of sincere money investing and making before ever getting serious about what it is your are going to do in this industry, there is no fast answer for what the firms expect of we traders.

I think that you may solve a lot of problem with algos, but again it is still the same concepts with the discipline and risk abatement. I am working on algos too. I have to translate my techniques and wisdom into these computers' languages, and .

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