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My Trading Quest - a 90 day Trading Course Challenge


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My Trading Quest - a 90 day Trading Course Challenge

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  #1 (permalink)
 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi Everyone,

I am starting a new journal on my trading quest journey that I have been thinking about for a long time.

I have been trading on and off for over 20 years and I have many scars to prove it. Recently, I became a funded trader with Topstep Trader using my own scalping system on US 30 Year Bonds. In the past I have traded Futures and Forex manually and with my own coded systems.

I have completed many trading courses and seminars. Most of the time I could not replicate their results! They often promise the world but most do not deliver.

Like most of us, I have been burned by these trading companies.

It is time to test these trading companies and see who can deliver.

My Approach
  • I will journal my progress which will include:
  • How I go about choosing a profitable course
  • How I research courses to be placed on my short-list of contenders
  • Development of the short-list and why I chose each individual course
  • Why I chose the winning course for my first 90-day challenge
  • I will then discuss the process of starting the course. back testing and sim trading
  • I will share all my results, processes and views but I will not share anything that is proprietary.

My goal is to be profitable in 90 days

If I fail, then I will start again with another 90-day challenge ... until I find a profitable course.

I would love it if people have questions or can suggest things along the way.

If anyone would like to suggest a trading course to add to my list, I would appreciate it.

I am NOT associated with any Trading Company.

I am excited to share my journey and my results with you.

Come along with me on My Trading Quest!

Cheers
Garry

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  #3 (permalink)
 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012


Why is our industry different?

Do you want to spend the next 10 – 20 years to learn how to trade profitably OR do you want to tap into someone who has achieved trading profitability and be profitable in 90 days?


If you read the forums you will see that there are a lot of readers that believe that if courses are sold then the product cannot be any good or it should be given away for free. WHY?


Why is this industry any different to any other?


The best way to learn, is from a mentor or coach who has achieved what you want to achieve and the conscious competence and skill to impart that knowledge to the student.


It costs a lot of money to learn to become a doctor so do we really believe that we can become a profitable trader without putting the same cost and effort in?


I believe that I can become profitable quicker with the help of the right mentor, coach or course.


The Other Side of the Coin – the student


I have been discussing the course, company and educator but there is another side to achieving success with trading.


The student must put the work in, otherwise you are wasting your time and money.


It is time to test these trading companies and see who can deliver!


My Trading Quest is to find those courses, put them to the test and ensure I put in the work to fairly test the process.


The problem is finding those courses through the marketing haze.


If I have to kiss a lot of Frogs, I will.


Can I find a Trading Course that can help me be profitable in 90 days?

Cheers
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

How to increase the odds when choosing a trading course

There are many trading companies out there that look like they can get you results.

But can you believe them?

Can you replicate their results?

Just remember: No matter how good a course is … YOU must put the work in!

Begin With the End in Mind

The first thing you need to do before you choose a Trading Course is to understand why you want to become a trader, what you want from trading and what you are willing to do to achieve this goal.

Some questions to ask yourself
  • Why do I want to trade?
  • Can trading help me achieve my goal?
  • How much money do I want to make from trading and by when?
  • How much time can I put into trading? Both learning and trading.
  • What time of the day will I be able to put into trading?
  • How much money can I put into trading, that I can afford to lose?
These questions are important as they will help you choose what market and method of trading is for you.

My Answers to these questions are:
  • I trade to replace my income with a reliable and not limited source of income that gives me the freedom to explore the world.
  • Yes, I have seen personal proof of people achieving financial freedom by using a trading vehicle.
  • The goal of My Trading Quest is to be profitable in 90 days. For this Quest, I will aim for $1,000 per week (Average $200 per day) within 90 days. This is to be achieved by trading only 1 contract per trade.
  • As each trading system can be effective at different times of the day, I will initially track all the trades each day to determine when it is the best time to trade. I want to achieve my goal of $200 per day by only trading about 2 hours per day.
  • For the Quest, I will look at reducing my costs as low as possible.
  • Some costs I cannot reduce such as the Course, Indicators, Data, Platform, and Internet fees
  • Initially, I will trade in Sim until I am profitable. Profitable means that I am averaging $200 per day and have doubled my account.
  • I will then participate in a Trading Combine to become a funded trader with the system. If I pass the Combine then the company will fund my trading account and pay me 80% of all my profit. There are costs of completing a combine (test) to become a funded trader, usually around $100 – $200 per month until you pass the combine. This should be a fair test of the system!
  • If I plan to double my trading account, at an average of $200 per day and if I started with a starting Balance of $4,000 … it would take 20 days (4 weeks) to double my account.

Do You believe my goal is realistic?

Questions to ask before committing to a Trading Course:

How do you choose a Trading Course when you cannot believe the reported results and testimonials? Guru’s who do not trade, change the results, pay people for testimonials and many other devious “marketing” secrets!

There are a number of excellent trading companies out there so how can we find them?

Some of the best questions to ask before someone commits to a Trading Course are:
  • Is the trading method profitable?
  • Are other traders profitable trading this method?
  • Can I do this?
  • Do I have time to do this?
  • How long will it take me to be profitable?
  • How much is this going to cost me?
  • How much capital will I need?
  • One of the most forgotten question, that is critical to your success and psychology:
  • What is the Risk to Reward. How much am I risking in each trade compared to how much I can make (Reward). I will discuss this more in later posts.

These are all great questions that need to be considered when looking at trading courses. Don't just trust what people say ... ask for proof.

If they cannot or won't provide proof then maybe that is telling you something.

All this may seem basic but people pay good money with doing sufficient due diligence. Don't just follow the emotion of the marketing haze.

Cheers
Garry

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 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
Experience: Beginner
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Okay, I know this is more of an personal journey but out of curiosity..

You said you have traded on and off for 20 years? And have done many courses and seminars?

But are still persistent with finding the "right course"? Goal/testing period of 90 days?

Why so? I mean I was turned off by world of courses in like less than 2 years, in fact I can't take the name here but there are thousands of courses floating on free side of the internet, some of them were very informative but that was just that. I can't imagine someone with considerable experience going still the "course" way. Am I missing something?

You also mentioned you code, so I assume you have coded indicators, so you must also be aware of inbred fallacies of those "if this happenes on indicator we do these philosophies or market did this because this happened xyz indicator", sad to say but course is often just that in round about and nicely packaged way.

I'm not saying mentor or course is not the right way, I just want to see the comparison here with where my thinking took me and why someone else had some different conclusions, I might be missing something important and I may find it by discussion here.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi LastDino,

I believe life is about learning, experiencing and continuous improvement.

I have learned something from every course and seminar.

The internet has many free courses or information and I have explored, coded and tested many. Not much of the FREE stuff is that useful (my opinion)

My worst enemy was my own psychology. So I studied that to help me.

Someone great said "You cannot solve problem with the same thinking that created it" Albert Einstein. So it seems obvious to me to seek out and be coached, mentored or trained by someone who is doing better that myself.


Coding has helped me clarify how a system works and allowed me to test my ideas easier and with greater accuracy.

Having traded automated systems, I have found the disadvantages and advantages of using them. WIth the potential issues such as the latency, internet issues etc I have found it better for me to manual trade using rules based systems.

So back to the question of the courses.

I have always looked at trading courses and have found a number which appear impressive and I would like to see if the courses match how they look. I am using the posts to hold myself accountable to be more process and action orientated. If someone can see something I don't see then I appreciate their input.

The best way I could think of doing this was with a challenge and with a time limit. One month is too short and six months is too long. It sets a boundary for myself to do the work. Most people don't put the effort in to courses to be successful. The posts will hold me accountable to actually doing the work. Otherwise, I am sure someone (or many) will call me out.

If I can save other people from spending the many dollars the I have spent then that is definantly a good thing.

Interestingly, a lot of people have been critical of what I am doing The best statement was " What is wrong with you".

So, this is already an interesting exercise

I hope I have given you some insight to my thinking.

If you have any comments or questions please post.

Cheers
Garry

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 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
Experience: Beginner
Platform: TradingView & ZerodhaKite
Trading: Crude, NIFTY, BANKNIFTY
 
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eresults01 View Post
Hi LastDino,

I believe life is about learning, experiencing and continuous improvement.

I have learned something from every course and seminar.

The internet has many free courses or information and I have explored, coded and tested many. Not much of the FREE stuff is that useful (my opinion)

My worst enemy was my own psychology. So I studied that to help me.

Someone great said "You cannot solve problem with the same thinking that created it" Albert Einstein. So it seems obvious to me to seek out and be coached, mentored or trained by someone who is doing better that myself.


Coding has helped me clarify how a system works and allowed me to test my ideas easier and with greater accuracy.

Having traded automated systems, I have found the disadvantages and advantages of using them. WIth the potential issues such as the latency, internet issues etc I have found it better for me to manual trade using rules based systems.

So back to the question of the courses.

I have always looked at trading courses and have found a number which appear impressive and I would like to see if the courses match how they look. I am using the posts to hold myself accountable to be more process and action orientated. If someone can see something I don't see then I appreciate their input.

The best way I could think of doing this was with a challenge and with a time limit. One month is too short and six months is too long. It sets a boundary for myself to do the work. Most people don't put the effort in to courses to be successful. The posts will hold me accountable to actually doing the work. Otherwise, I am sure someone (or many) will call me out.

If I can save other people from spending the many dollars the I have spent then that is definantly a good thing.

Interestingly, a lot of people have been critical of what I am doing The best statement was " What is wrong with you".

So, this is already an interesting exercise

I hope I have given you some insight to my thinking.

If you have any comments or questions please post.

Cheers
Garry

I don't think there is anything wrong with you, so don't worry, we have just different outlook on things here

My interest was only in "course" part, the free courses I say are actually not free and quite expensive in their originality, most of them are considered to be "holy grail" level by new market entrants. I'm not saying everything is garbage but you would be really really hard pressed to find anything useful if you are not a straight up new to the markets. Only usefulness those have is getting quick info on topics that are not previously known to me. Usually they have some make-shift or half baked systems getting pitched in it or side products like "higher level course/some proprietary indicator" or "training/coaching/trading room/sometimes portfolio management service"

I wont comment on coach, I've never tried that so maybe that can work. So I wish you good luck on that.

Please continue with your detailed posts, it is very useful for people like me. If you do find something useful in some course, we can also look at it, as I mentioned there are just too many going around.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Researching trading courses can be difficult and time-consuming.

It is critical that you do your due diligence before spending your hard-earned dollars on any course.

How do you know if what a trading company is telling you, is truthful?

You need to ask plenty of questions.

Can you trust:
  • Testimonials – some pay people to praise them in testimonials
  • That they trade a live account – some look like they trade but don’t!
  • Results – are they real? Some only record wins!
  • Videos – are they cherry-picking winning trades?
  • Do they keep changing the rules?
  • If you are in a losing run, do they say “everyone loses … you will be profitable in the long run”
  • If they do not have statistics for their setups?
  • Don’t follow their own rules
  • Won’t let you talk to their students or allow only hand-picked students
  • Won’t return emails promptly
  • the list goes on …

I have noticed that a number of courses are being taught by people with questionable pasts. Just within 1 hour from where I live there are at least 5 trading course companies where the head trainer has either spent several years in jail, lost their financial license, banned from being a Director or had numerous complaints against them for false/misleading advertising.

I am not trying to scare you but trying to impress upon you the importance of doing proper due diligence. Also, it is not about holding someone’s past against them … it is just about being informed so you can make informed decisions.

My Approach:
  • Learn as much about a company from the internet and personal contact with the company. It is amazing how much you can learn on the internet from complaints, reviews, past presentations, hidden results, documents, old and new videos and much more …
  • Participate in any activity they put on including webinars, live workshops, conferences, free courses, Live trading rooms, Facebook, etc
  • Ask questions of their students. Contact with these students can often be via the live events, Facebook or if all else fails then by asking for some names and contact details of students.
  • Ask questions of the trainers and ask for proof
  • Do not accept what anyone says ... trust but check
  • The Quality of Answers is a direct reflection of the Quality of the Questions

What am I looking for:
  • Trust and Transparency
  • Are they trading what they teach, successfully ?
  • Are their students achieving good results using the system?
  • I want to know that I can do it!
  • What is the Risk/Reward for the trading setups?
  • Some basic statistics eg: average win, average loss, winning percentage, average trade net profit, max consecutive losses, max drawdown, number of trades per day/week and how long have they been trading this system
  • What does their course cover and how is it delivered?
  • What is the initial cost and ongoing costs?

Remember, Do not accept what anyone says ... trust but check

Cheers
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

A Quick Update: I will be attending an all-day webinar on Saturday to gather more information in my development of a shortlist. Hopefully, by early next week, I will share my shortlist of courses.

Until then I would like to ask you:

Would you be happy with my goal of averaging $200 per day ($1000 PW) using 1 contract, in 90 days if you were doing this quest? If not, then please tell me why.

Your help is appreciated

Cheers
Garry

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 sienna 
Melbourne, Australia
 
Experience: Beginner
Platform: Ninja Trader
Broker: Ninjatrader Brokerage
Trading: Many
 
Posts: 141 since May 2012
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eresults01 View Post
A Quick Update: I will be attending an all-day webinar on Saturday to gather more information in my development of a shortlist. Hopefully, by early next week, I will share my shortlist of courses.

Until then I would like to ask you:

Would you be happy with my goal of averaging $200 per day ($1000 PW) using 1 contract, in 90 days if you were doing this quest? If not, then please tell me why.

Your help is appreciated

Cheers
Garry

Garry,
$200 a day on 1 contract (NQ) is what the training aims for, at Nobstrades (dot)com. They challenge you to sim trade this every day and quit when you have reached $200 for the day. Sim trade this for 30 days and then go live, while in their trade room. I did pay to become part of their trading/training room but do not join in much, as the trading times kill me and I don't like a 1 min chart (they start after US market open and I am based in Eastern Australia).

(Disclosure): I dont have any financial interest in this vendor, and to be fair, it seems that some have come through this training and are increasing contract size, using their approach and seem to be doing very well. They are allied with MboxxWave, which I like (as per another Mboxxwave thread), but that training does not use the Mboxx software, just a series of EMA's with specific clear rules.

No matter which training you might settle on and FWIW, $200,- a day for 90 days seems a very reasonable aim

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 kevinkdog   is a Vendor
 
 
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eresults01 View Post
A Quick Update: I will be attending an all-day webinar on Saturday to gather more information in my development of a shortlist. Hopefully, by early next week, I will share my shortlist of courses.

Until then I would like to ask you:

Would you be happy with my goal of averaging $200 per day ($1000 PW) using 1 contract, in 90 days if you were doing this quest? If not, then please tell me why.

Your help is appreciated

Cheers
Garry

Just doing the math here...

Let's say you are trading ES. Current overnight exchange margin is $11660. Let's round this up to $15K...

You start the year with $15K, you average $200 per day for the whole year, just trading 1 contract. That is $50K profit, so your end balance is $65K.

That is 333% annual return.

That is astounding performance. Very, very rare air. And learning how to do this in only 90 days. WOW.


Put another way, you are looking for 4 points a day in ES. Just for reference, a while back I spoke with a medium size outfit in Chicago that traded ES, and their goal was 10-20 points in ES per MONTH. And they did very well with that performance (that would be around 60% annual return on $15K per contract).


IMO, $200 a day average for 1 contract is in "too good to be true" land. Even more so if you expect to be averaging that in 90 short days after starting.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi sienna,

I have looked at Nobstrades a while ago.

Thanks for you input.

I am looking for a system that will work in all the time frames. Rather then just the US day time.

Cheers
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi Kevin,

Thanks for your input.

Let's leave the goal at the $200 per say and see how we go.

Cheers
Garry

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 kevinkdog   is a Vendor
 
 
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eresults01 View Post
Hi Kevin,

Thanks for your input.

Let's leave the goal at the $200 per say and see how we go.

Cheers
Garry


I am rooting for you, for sure.

FWIW, I have talked to and e-mailed with thousands of traders over the years, and I can safely state that the more unrealistic their trading goals are:

1) the more likely they are to fail completely
2) the more likely they are to be taken advantage of by fake trading gurus ("furus")

Learning how to earn $200 per day trading one contract, in only 90 days, is unrealistic.

I'd love to be proven wrong, though, by anyone here with real supporting data (not anecdotes).


I'll stop raining on your parade now, unless specifically asked to reply to something.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi Kevin,

Please keep commenting as I appreciate it. I may not agree or may want to try something different, but that is ok.

Thanks
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Worthy of Mention!

Choosing my shortlist has been an interesting and time-consuming exercise.

From the shortlist, I will compare and decide which course I will trial for the first 90-day challenge.

I have decided that I will only choose Futures Trading Courses for my short-list for this Quest.

One of the courses in my top 5 was a Forex course which is worthy of mentioning. It ticked a lot of the boxes and you can read belong my comments about the course.


Tribe of Traders – Forex
Website: https://www.tribeoftraders.com/

What they say about their Company:
  • A Forex company based in London
  • Trades and teaches 2 Semi-Automated Strategies
  • Claim to achieve 74% Success rate consistently trading less than 30 mins per day
  • Focused on Community, Education, Psychology, Money Management and Minimum Effective trading time
  • Platform – MT4
  • If you use their Broker and are profitable then you may have an opportunity to become a Funded Trader
  • 30-day Money-back Guarantee

My Observations:
  • Appear to be trustworthy and care about their community
  • Strategies are simple and appear to have great results
  • Students appear to get good results
  • Easy to do and doesn’t take a lot of time. Initially, I would suggest 1 -2 hours per day (at most)
  • Cost for their trading-business-in-a-box is approx 997 Pounds then 47 Pounds per month
  • 30-day Money-back Guarantee – Not many trading companies are willing to offer a Guarantee!
  • No obvious negatives as long as you want to trade Forex

My Experience with this Company:
  • I have followed this company for a couple of years
  • Watched most of their interviews, videos, webinars and Facebook posts
  • Have a basic understanding of how the systems work
  • Have reviewed and tracked their system trades both live and backtested

Resources

The following resource is a free ebook which explains Forex vs Futures from an interesting perspective:
Note: it requires you to enter your email address but is worth reading.


Feedback

If you have any experience with The Tribe of Traders then please let me know about both your good and bad experiences.

If you have a course to recommend for the Challenge then please send through the details and I will look at it to see how it compares to the shortlist.

Disclaimer

I am not affiliated with any of these companies.

Cheers
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Trading Course Contender #1

The two trading course contenders are Futures Courses.

From the shortlist, I will compare and decide which course I will trial for the first 90-day challenge.

The first trading course contender is…


IDTA International Day Traders Academy – Futures
Website: https://idta.com.au/

What they say about their Company:
  • A Futures trading company based in Australia and with students in over 21 countries
  • Trades and teaches in 3 Live Trading Rooms, Online Courses and Live in House.
  • Performance is posted on the website
  • Appears to have Excellent results from students who are only trading 90 mins per day
  • Focused on Community, Education, Psychology, Money Management, Minimum Effective trading time and the Business of Trading
  • Platform – NT7
  • They have a number of free introductory webinars – Basic intro to IDTA and what they do, a more detailed Workshop on how they trade and a trial period in their Live Trading Room (currently during the European Open).
  • The cost depends upon the course and package. Ranges from about $5000 – $20,000 AUD depending on the course.
    The most expensive is the Trading Business School – 12 month program.
  • On-going monthly costs commence at the end of the package you purchase. Other on-going costs include software and LTR costs.
  • All the courses include a Coaching component
  • They are growing quickly and are innovative with ways to help students

My Observations:
  • Appear to be professional, genuine, trustworthy and care about their community
  • Strategies are simple and appear to have great results with limited daily trading time
  • After discussions with their students, a lot appears to get great results
  • The live trading room (LTR) moderators are excellent, especially Lachy, who trades while he explains very clearly what, where and why he believes what is happening in the markets. His market calls are clear and in advance. I have been in many rooms and he is one of the best, if not the best
  • You won’t be doing this alone … just the information in the Live Trading Rooms is a big asset
  • I was impressed that some of the students outperform the moderator. The moderator is more concerned with the students understanding what is happening in the market than his own results.
  • They have a Learning Pathway to take you from beginner to having your own trading business
  • They lead by example – a number are living the laptop travel life, even Lachy who developed the system is traveling, trading and facilitating in the LTR. Showing it can be done!
  • They are not pushy if you sign up for any of their free introductions
  • The Risk to Reward can be quite high sometimes. They stress, to only trade within your risk limits
  • The cost of the courses is higher than the average course but if you achieve some of the results that their students are achieving then the return on investment would be fantastic

Response to recent world events and volatility:
  • Results continue to be exceptional
  • Commenced promotions on the use of Micro Instruments to limit the risk
  • Educating members on Health and Mindset in Challenging Times – 4 part online series

My Experience with this Company:
  • I have followed this company for a number of years
  • Watched most of their videos, webinars, conferences and Facebook posts
  • Have an understanding of how their systems work
  • Know and followed a number of students who have had mixed results. Some fantastic but others only break even
  • The results over the last year have been incredible for a lot of their students and they make it usually in 90 mins of trading
  • The cost of the courses is higher than the average course in the industry
  • In the last couple of years, the company appears to be getting much better results

Resources

IDTA – Online Free Worshop https://idta.com.au/workshop
IDTA – Live On Demand Introductory webinar https://idta.com.au/on-demand
Live Trading Room – Trading Performance
https://idta.com.au/category/members-performance/
Live Trading Room Tour https://idta.com.au/live-trading-room/

Feedback

If you have any experience with IDTA then please let me know about both your good and bad experiences.

If you have a course to recommend for the Challenge then please send through the details and I will look at it to see how it compares to the shortlist.


Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Trading Course Contender #2

The second and final contender for my first 90-day Challenge

I will now compare the two contenders and decide which I believe will help me on my journey to profitability.

In no particular order – The second trading course is…



Apex Investing – Futures
Website: https://apexinvesting.com/bootcamp/

What they say about their Company:
  • Predominantly a Futures trading company based in the US
  • Trades and teaches in 1 Live Trading Room which is open 24 x 7, Online Courses, Skype mentor rooms, regular webinars, and Facebook group
  • 2 Moderators, trade, call and discuss the trades when appropriate. They are in the live room from 9:30 EST until at least 11:00 am.
  • Free Sniper Trading Bootcamp (no Credit card) with access to course, training, tools, indicators and trading room. Free for 30 days than currently only $1 for the next 30 days.
  • The Bootcamp is structured to give you all the tools and support to be successful
  • Appears to have Excellent results from students
  • Focused on making the trading as easy possible for the students, Making 3 profitable trades and finishing for the day, Community and regular Education
  • Recently introduced a Semi-automated Trade Assistant
  • Platform – NT7
  • The Sniper Bootcamp focuses on trading the NQ but the methodology can work on any market
  • After your first 30 days (free) and your next 30 days(currently $1) then the cost depends upon the plan. Plans are Sniper, Gold or Platinum and you can pay monthly, annual or lifetime. The starting costs are Monthly $200 pm, Annual $2000 or Lifetime $4000. The lifetime is definitely the best value.
  • The Bootcamp is for everyone from beginner to experienced
  • Support is excellent
  • They are growing quickly and are innovative with ways to help students

My Observations:
  • Appear to be very knowledgeable, genuine, trustworthy and care about their students being profitable
  • Darrell, who is the owner of the business makes some very large trades with this method
  • Trade setups are easy but need practice
  • You must understand the rules as others in the rooms may not be following the rules
  • In an effort to make the system easier they regularly slightly modify the rules to some setups – this can be good and bad. I appreciate why they do it.
  • Students have commented that the current system that Apex is using, is the best system Apex have had
  • Students appear to achieve their goals quickly at the start of the US open
  • The cost, the length of the trial and what you receive is very unusual in the trading industry
  • The cost after the trial is very reasonable

Response to recent world events and volatility:
  • Results continue to be exceptional
  • They have changed the market that they focus on due to the increased volatility. They now recommend ES (mini) or the MES (micro) as the main market to start with.
  • I am really impressed by how they make it so you can try and trade their system for very little money upfront or when you start trading. A lot of people do not have the money at present and this solution is very viable.
  • Basically, you could start testing and trading this method for Free in month 1.
  • In Month 2 it will cost $1 for all the tools and support.
  • If you are confident and/or didn’t want to risk your own capital, you could sign up with a Funding Company that Apex has just partnered with.
  • This will allow you to pass a trading test which requires you to trade a minimum of 10 days and reach a profit goal based on the package you purchase.
  • $160 for 30 days, would allow you to trade with up to 8 contracts and the target is $3000. After you pass the test the only cost is approx $90 per month. They pay you 100% for the first $8000 profit you make and then 80%. If you are with them after 1 year then the profit share to you is 90%
  • The rules that the Funding Company is basically only 1 rule. Nothing like the other Funding Companies that seem to want to fail you and have many rules.
My Experience with this Company:

  • I signed up for some information about this company in 2014, but didn’t remember it until I was talking to the owner
  • Had discussions with the Owner and he happily answered all my questions
  • Watched most of their videos, webinars and Facebook posts
  • Have an understanding of how their system work
  • Followed and discussed results with several of their students. All positive comments. The results vary but generally achieving 60 – 90% wins.

Resources

Apex Sniper Bootcamp Info and Video https://apexinvesting.com/bootcamp/

APEX Investing Facebook https://www.facebook.com/apexinvesting/


Feedback

If you have any experience with APEX Investing, especially the new Sniper Bootcamp then please let me know about both your good and bad experiences.

If you have a course to recommend for the Challenge then please send through the details and I will look at it to see how it compares to the shortlist.


Disclaimer

I am not affiliated with any of these companies. ​

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

PART A - Winning Trading Course and Why!

I thought this would be easier!

Deciding between the final two Trading Course contenders for my first 90-Day Challenge has been harder then I expected.

Can you pick what one I have chosen?​



Just remember: No matter how good a course is … I must put the work in!

No course is perfect, so choosing one is about finding the one that is the closest fit to what I require.

In case you missed the last two posts, the two courses I am choosing between are:

IDTA International Day Traders Academy – Futures
Website: https://idta.com.au/

Apex Investing – Futures
Website: https://apexinvesting.com/bootcamp/


Let’s review some of the criteria I require in a course and how these courses compare:


Trust and transparency

After discussions and observations with the Owners, moderators, and students, both these companies appear trustworthy with a high level of transparency.

Are they trading what they teach, successfully?

IDTA has a number of strategies that the students use based on their experience and risk profile. The moderators and owners do exactly the same, if the setup meets the individual’s trading plan then they trade it. So, yes they do trade what they teach and achieve great results (observed).

Apex Investing has two moderators who use the basic setups and some slightly more advanced setups. The advanced strategies are slowly being introduced to students as they become more competent with the basics.

Are their students achieving good results using the system?

IDTA has a number of students who appear to be outperforming the moderators.

Apex Investing has been around for a number of years but the Sniper Bootcamp focus has only been around since mid-2019. The main focus is for the students to achieve 3 net winning trades and then stop trading. Most of the students within a short period achieve this goal. The owner has some very impressive trades on most days.

If I was to achieve what the students achieve, would the results meet my goals?

From all my research and observations, It would appear that if I put the work in then I should reach my goals using either of the courses.

Can I see myself doing this course and trading this way?

The strategies from both of the companies appear to be relatively easy to learn and implement. As long as I put the work in, I can see myself using either company. The strategies are very different from each other.

Is it possible to be profitable in 90 days using this system?

From all my research and observations, It would appear that if I put the work in then I should be profitable in 90 days, using either of the courses.

Continued in Part B

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

PART B - Winning Trading Course and Why!

How much is it going to cost, initial and ongoing costs? Is this good value?

This is one of the big separators between the two companies.

IDTA

The cost depends upon the course and package. Ranges from about $5000 – $20,000 AUD depending on the course. The most expensive is the Trading Business School – 12-month program.
On-going monthly costs commence at the end of the package you purchase. Other on-going costs include software and LTR costs.

Apex Investing

Basically, you could start testing and trading this method for Free in month 1. All tools, training, and support are provided.
In Month 2 it will cost US $1 for all the tools, training and support.

If you are confident and/or don’t want to risk your own capital, you could sign up with a Funding Company that Apex has just partnered with.

This will allow you to pass a trading test which requires you to trade a minimum of 10 days and reach a profit goal based on the package you purchase. The cost is US $160 for 30 days. Apex at present, have discounts on the first month

$160 for 30 days, would allow you to trade with up to 8 contracts and the target is $3000. After you pass the test the only cost is approx US $90 per month. They pay you 100% for the first $8000 profit you make and then 80%. If you are with them after 1 year then the profit share to you is 90%
The rules that the Funding Company is basically only 1 rule. Nothing like the other Funding Companies that seem to want to fail you and have many rules.

Apex Investing does offer more advanced courses but does not push them. They believe you can be profitable just with the Sniper Bootcamp Course.

Is the Risk/Reward for the trading setups within my risk profile?

Both companies have high win rates which can often hide the risk/reward factor.

The risk/reward refers to the risk you have when you enter a trade. So if with a stop of $100 then the risk is $100. The reward is what profit you are aiming for. So if you have a stop (risk) of $100 and a profit target (reward) of $100, then the Risk/reward would be 1:1. A lot of companies suggest that a 1:1 is what people should aim for. Yes, that would be nice but market conditions don’t always allow for that.

IDTA uses market action to determine where the stops are placed and as soon as the market supports reducing the risk then they move the stop. I have observed, especially in this current high volatility market the initial risk/reward for IDTA to be in the range from 1:1 to 6:1. What this means is that if you lose 1 trade and your risk/reward is 3:1 then you will need 3 winning trades to be back to being even. This assumes that the risk dollars and the reward dollars are equal in each trade.

As you become more advanced IDTA teaches you how to go for longer targets which the R:R.

They stress that the higher risk trades should only be taken if you and your account can afford to risk that amount. The other option is to use micros instead of mini contracts to reduce the dollar risk.

Apex Investing also uses market action to determine the stop location. Basically, it works out as a risk/reward of approximately 2.2:1. Methods to reduce the risk during the trade are discussed in the course.

Trailing and longer targets are taught as you become more experienced. This allows the R:R to reduce.

As part of the Bootcamp, Apex Investing has used mini and micro charts for their trades.

If I have a problem, will I be supported in a timely fashion

Both companies respond to problems in a timely fashion using different methods.

It is important to say that in both, it is essential to ask for help if you are struggling. And if someone doesn’t answer your question then ask it again.

IDTA uses the course coaching, Live Trading Room, private Facebook group, Hub and directly to the head office. They operate 3 live trading rooms with moderators per day. They are the Euro Open, pre US Open and US Open.

The Hub is a group of IDTA traders within a geographical area, who meet monthly or at regular periods. The Hubs can be via the internet or in person. Sometimes all the global hubs connect for meetings. Hubs are only as good as the people and leaders in it. From discussions with hub members, it would appear that they work really well and support is always available form the hubs.

Apex Investing use in the course stresses that you need to ask questions and post charts (both wins and losses) to be a success. They have a roadmap to walk you through the start, setup, and sequence to learn. This includes recorded videos, checklists, regular weekly (1 or 2 PW) live training where you can ask any questions, a Facebook group to post charts or questions in and a trading room that stays open 24 x 7.

The trading room is where anyone can ask questions and post charts at any time of the day or night. Live charts are streamed in this room at all times. The two moderators are in the room form 930 am US EST until at least 11 am. The focus is usually on one market where they call trades and discuss the reason to enter or stay out of trades.

Darrell, the owner and one of the moderators will often be in the trading room at other times of the day or night where he may share his wisdom, answer questions or just be trading.

After the first two months and you have joined Apex then you will be invited into a small group (approx 20) where you have skype access to a small group of traders who also share questions, charts, and support. The two moderators regularly pop into these groups to answer questions and give support.

So, you always have somewhere to ask questions and get help if needed.

Does the course cover things from the basics of running a trading business?

Both courses take you from beginner to futures to running a trading business.

Does the company incorporate continuous improvement into the business?

Yes, both of the companies do incorporate CI into the business.

IDTA appears to fully test and evaluate any potential improvements before implementing them. The basic structure has not changed in a number of years, only slight improvements have been made.

Apex Investing has only introduced the Sniper Bootcamp over the last year and has made a number of small changes or clarifications along the way.

Check out Part C ... coming soon

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

PART C - Winning Trading Course and Why!

Summary of Comparison:

In most areas, the two courses/companies appear to be capable of achieving the results I want.

The two standout differences are:
Initial and on-going costs
Risk:Reward

These numbers are normally important but are so critical now, due to the current world situation where huge numbers of people are out of work and need an income.


It doesn’t matter how much a course costs if it doesn’t deliver!​


THE WINNER IS …

Apex Investing – Futures

Website: https://apexinvesting.com/bootcamp/​


Will this course deliver?



Now, the work begins as I start the course and journal my path to profitability …


Feedback

If you have any questions or comments then, please let me know


Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi Everyone,

I have had computer and internet issues for the last week so I haven't posted.

Today is Day 1 in putting the Apex Investing to the test. I have 90 days to reach profitability, so I have to get moving.


DAY 1 – Walkthrough the Apex Sniper Trading Bootcamp …


I was pleasantly surprised that no credit card was required for the sign up to the free first month.

Day 1: I will walk through everything so I can see what I have to do and I can get organized.

So what do I get for the free first month? Surprisingly a lot!
  • All of the Sniper Bootcamp training and recommended fast track path
  • Access to the live trading room, forum, Facebook page, private Facebook group, and help desk
  • Access to all weekly webinars
  • Access to all Sniper Ninjatrader 7 indicators, tools and help to install if required

You have responsibilities as well:
  • Watch all the videos in order
  • Only learn Setup 2 and leave the rest until you have mastered it
  • Post your charts in the room and ask questions, questions and more questions
  • Focus on one market
  • The daily goal is to have 3 net positive trades then stop
  • Record all your trades with a marked-up chart to the spreadsheet which is provided
  • Practice
  • Be in the trading room from 930 am EST to 11 am if you can
  • Attend the weekly webinars if you can, otherwise watch the recording and do any homework
  • Participate

Everything can be accessed from the login page.


The Bootcamp page appears to cover everything that is needed. Topics include:
  • New fast start and welcome which includes video, checklist, and links to setting up Ninjatrader
  • Account Funding videos
  • Weekly webinar information and sign up
  • First Basic Trade Setup training Setup 2
  • Cheat sheets and Summary files
  • Access to the trading room – and tools for capturing the charts
  • Access to the forum, Facebook group page, and competitions (They regularly run competitions where you can win membership prizes and even a lifetime membership)
  • Setting up NT, placing trades, etc ( if you have a problem setting it up then they will help)
  • How to install the Apex Tool Kit which gives you access to all the data and indicators
  • How to set up the charts, levels, and templates
  • Setting up ATM, take profit and placing orders
  • Tutorials on how to master Ninjatrader
  • What’s next section
  • Basics on sniper charts
  • Next Trading setup which is a slight variation of Setup 2
  • Link to more information on the Semi-Automation (not included in the trial)
  • What to buy if you need a trading computer
  • Trading Psychology videos
  • How to master the first setups
  • Market review videos – Bar by bar playback and education
  • How to do Market Replays with NT7
  • Trader Tax tips
  • At this point, it is suggested that the rest of the setups are not looked at until you master the first Setup 2.
  • The rest of the setups are available to view anyway.

After skimming through all these sections I was very impressed with the information available.

The page just didn’t flow as I would like. Some sections are definitely not in the right sequence. This shouldn’t make any difference as I will just follow each and if I don’t need that section at present I will mark it to come back to it. An example would be the account funding is section 2 but that will not be required until later.

I listened to this week’s webinar and they have started a series on how to get the most out of the trial and they suggested that some of the sections can be left until later. They are running three webinars this week.

So what is next?

I will start going through the videos and take the actions to get started

I will report back tomorrow on my progress and any lessons I learn


Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 2 – Apex Sniper Trading Bootcamp Lessons…

It has been time to put the work in setting up, watching videos and taking notes.

Actions I took:
  • Watched introductory and setup videos
  • Setup my NT7 with the Apex Toolkit and templates
  • Watched the Chart Overview videos to understand the differences with Apex
  • Logged into the trading room and watched the two facilitators call trades and educate for 2 hours from the US market open
  • Commence studying the first setup

Apex Toolkit:

Once you have NT7 installed then you are required to download and install the Apex Toolkit. This easy and if you have problems then the help desk will help.

I had a problem with installing on one of my computers and was helped within an hour of my request. It was a windows problem.

This toolkit gives you access to all the Sniper indicators and templates. It is regularly updated and is essential for trading the systems.

I also downloaded some OP Data (order print historical data). Normally you don’t need to do this as the OP Data is developed as the market data moves. It is important to know that if your computer or trading platform is not connected to the data server then you will miss out on OP Data. This is easily solved by asking someone in the room to send the missing data to you. Then simply copy it to your computer and restart NT7. All instructions are on the Bootcamp page.

So why do we need OP Data?


First I will show you a Sniper Chart:




This is a simple Sniper Chart and initially, I didn’t understand the lines and the boxes. In the videos, they show the motor behind these charts




So, as you can see the visible charts that are used in the Sniper Bootcamp are based on the Order Flow charts and using algorithms to simplify it for the user.

The OP Data is the data that is generated and used on the trading chart.

The Benefit of this approach is that It simplifies the setups to make it easier to identify.

Video Training

Most of the videos use NQ as the trading instrument. Due to the increase in volatility, they have moved their focus to ES. The setups work on most markets. To learn the strategy they prefer that students learn on one market initially.

Trading Room Experience

The room was an interesting experience where trades were called and some education was shared.

At this time I don’t think I will spend much time in the Market Open period as it can become confusing when the information shared is more advanced than a beginner. I can see it is very helpful but not just yet.

I also noticed that Darrell, the founder of Apex, was trading, calling trades and sharing his knowledge in the room in the US evening time.

The room is open 24 x 7 days and people are commenting and/or asking questions on and off during that time.

So what is next?

I will focus on the first setup and being able to identify it.

I will report back tomorrow on my progress and any lessons I learn

Disclaimer


I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 3 – Apex Sniper Trading Bootcamp Lessons and Setup 2 …

Today, I will share more on the chart setup and the first trade setup

Actions I took:
  • Watched more videos
  • Explored the daily process of chart setup
  • Continued to learn about the first setup and what it looked like on the chart

Pre-trading Chart Setup:

Before trading each day starting to trade I go to the 10, 60 and 240 minute charts and share the levels from these charts with my trading chart. It takes less than 5 minutes to do this.

Instruments Traded and charts

Up until the high volatility the sniper bootcamp was designed for the NQ and MNQ.

Trade setups could be found on either chart and traded on the other. (Micro <>Mini).

With the increase in volatility the ES and MES became the choice of instrument.

Sniper Charts use an inhouse designed bar, similar to a renko bar but apparently more accurate to increase the accuracy of the algorithms for the Order Prints.

Bar size for NQ is 10 ticks and ES is 8 Ticks.

Experienced traders, trade the setups on all the usual instruments.

The Sniper Bootcamp

The basic philosophy of the Bootcamp is to give you the information, tools and support to help you to be profitable trading 1 contract for 3 months then increasing the contracts after you have been profitable and consistent. They want the students to have 3 net profitable trades and then stop.

They recommend that you start trading only in one market and one setup (Setup #2). They say that Setup #2 is over 85% of the trades they take.

They do give you access to all the other setups.

Trade Setup #2

Trade Setup # 2 is actually 5 setups based on a basic setup.
  • Multi-directional
  • Trend
  • Range
  • Divergence
  • Continuation (New)

The idea is to start with the first and master it then move to the next.

The basic setup revolves around a Reversal Bar, Exhaustion and Trapped Orders in the market. This is displayed on the chart so it is easy to see.

The Exhaustion is a Box on the bar and the Trapped Orders are a blue solid box. And they must appear on a Reversal Bar.

See below to see what I mean:




This is the easy part. There are some rules with each setup and I will explain the first one, tomorrow.

From what I can see so far, the hardest part is knowing when Not to enter a trade.


I will report back tomorrow on my progress and any lessons I learn


Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 4 – Apex Sniper Trading Bootcamp Setup 2 and Testing …

Today, I will share more on the chart setup called the Enhanced Trapped X Box and identify all the setup’s on a static chart, just for one day.

I need to be able to identify the setup, see that the trade occurs a reasonable amount of times and see if it shows any signs of being profitable

Actions I took:
  • Watched more videos
  • Identified the rules for the first setup including Initial Stop and Profit Target
  • Reviewed one day of trading on a static chart, to see the availability and results of the setup
  • Continued to learn about the first setup and what it looked like on the chart

Videos:

It is important to take good notes and watch the videos in sequence as it makes it easier to understand.

Enhanced Trapped X Box

Yesterday, I introduced the basic requirements for Setup #2. Now I am going to explain the first setup which I called Multi-directional.

This trade is called the Enhanced Trade or the Enhanced Trapped X Box. The multi-directional refers that it can be taken in both directions – with the trend or against the trend.

Rules:

The first 2 rules are as explained yesterday.
  • Setup must be a Reversal bar
  • An exhaustion box with a trapped order must appear on the end of the bar

The additional rules are:
  • A new print of either a MM or a Paw must occur on the setup bar.
  • An existing level (OP Level) must be within 2 ticks of the new MM or Paw on the setup bar.
I won’t go into a lot of detail about what these lines and levels are.

OP Levels are either:
MM is a beige line which represents lines where price has strong rejection or attraction
Paw is an orange line formed at weak price levels
ZOI is a Zone of Interest where the market has a lot of participation in this area
I-Blocks – are where large orders are placed
The next important rules are based on Reasons Not to Enter:
Not within 5 minutes of Market Open, Close or Government News
Not directly into a stack of 3 or more OP Levels
Not enter when 2 clusters appear within 3 bars of the and including the entry bar
Not against a strong trend

Stop and Target
  • The initial Stop is 1 tick above/below the setup bar (17 ticks)
  • The Target is 9 ticks

The following image will give you an idea of how simple it is to identify the trade.




So, now I have a basic understanding of this setup I need to see if the setup is easy to identify on first a static chart and then on a moving chart. On the static chart, I also want to see that the setup happens regularly and looks like it can be profitable.

I was talking to one trader and he said that recently the number of Enhanced Trades have reduced recently.

Because of the Risk: Reward of the rules it is important to have a minimum of approximately 72% wins.

Please note this test is not suggesting anything more than that this setup has or has not sufficient potential to keep investigating. This is a TEST nothing more!

For the test I will use the following criteria:
  • The test is on a static ES chart (I will go bar by bar to test the day)
  • The day will be the Friday 17th April session which starts at the open on the 16th April at 18:05 and Ends at 15:50 on the 17th.
  • No commission is included
  • I will follow the rules the best I can
  • I may miss trades
  • The test is for the 24 hours and this would not be possible

The following image shows my results:

Comments on Results:

The results look positive and justify’s further backtesting.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 5 – Apex Sniper Trading Bootcamp Setup 2 more Backtesting

Today, I backtested more and check that my observations are correct.

I need to be able to identify the setup, see that the trade occurs a reasonable amount of times and see if it shows any signs of being profitable

Actions I took:
  • Watched more videos – 2 new webinars from this week
  • Backtested 2 more days
  • Another Apex trader checked to see if my trades were valid

Videos:

Apex Investing held two more webinars on how to make the most of the Bootcamp. I found them very helpful.

Backtested:

I continued to backtest on a static chart, bar by bar to help me identify the setup.

The results are below.

I used the same criteria as yesterday.

Please note this test is not suggesting anything more than that this setup has or has not sufficient potential to keep investigating. This is a TEST nothing more!

Comments on Results:


The results still look positive.




Traders helping Traders

I find that if you ask a question or post a chart on the Facebook page or in the trading room, traders are willing to help.

One of the traders was willing to check my trades as I backtested each day.

On the day that I reviewed yesterday, I had recorded one winning trade that was not valid.

It helps when someone reviews your charts and results.



I will report back tomorrow on my progress and any lessons I learn


Disclaimer

I am not affiliated with any of these companies.

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alexk1d
geneva
 
 
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Why do you complicate it so much ? Take a World Cup championship winner like Andrea unger who won it 3 years in a row, do the course and let us know. Seems pretty straight forward , I don’t understand why you wrote 10 pages about it. Unless your goal is to list all the fraudulent courses ? You’d be better off assuming they all are a rip-off.

Good luck and looking forward to your experiences

 
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alexk1d
geneva
 
 
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Hadn’t gone all the way to the end of the thread please disregard my comment above and good luck with your current course . I’ll check back in a week or two

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

First Live Sim Trade - 1 contract +$95 Net

The following image shows my first live sim trade.

As you can see It was an ETX (Red Box and Blue inside) and had a new MM on an Existing ZOI.

So it was a valid short.

The negatives of the trade were that the market was in a range but it just had sufficient room for target to be hit before the 2nd MM.

I had left my target at 8 ticks and the target was hit.


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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Second Live Sim Trade - 1 contract +$95 Net

The following image shows my 2nd live sim trade.

As you can see It was A ETX (Red Box and Blue inside) and had a new Paw on an Existing Paw (within 2 ticks).

So it was a valid Long.

I had left my target at 8 ticks and the target was hit.


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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Third Live Sim Trade - 1 contract +$95 Net

The following image shows my 3rd live sim trade.

As you can see It was A ETX (Red Box and Blue inside) and had a new Paw on an MM (within 2 ticks).

So it was a valid Short.

I had left my target at 8 ticks and the target was hit.


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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 7 – Apex Sniper Trading Bootcamp – Plan, Do, Review & Improve …

Today, is a review today to ensure that I am on my path to profitability within 90 days.

I believe, I have started well, but after reviewing a few things I need to make a couple of changes.

Actions I took:
  • Yesterday, I tested sim trading by entering 3 trades
  • Reviewed another traders record of trades
  • Reviewed the effectiveness of the ETX trade to meet my goal
  • Studied some extra setups
  • Reviewed the valid trades for the day

Sim Trading:

It is one thing to identify a trade, but it is important to ensure that the trade flows from entry to exit. The three trades performed as expected.

Valid Trades Review

I was testing outside of the US open and the trades were few and far between them. I know each day is different, so I asked another trade if I could look at his record of valid trades for the last few weeks.

The results identified that the ETX trades currently have reduced in frequency. So it supported my decision to include a couple of other setups from the TX series. The results showed that the TX trend and Divergence setups achieved great results and occurred frequently.

Naked TX Trend Trade

This is a very simple trade to identify.

The first 2 rules are as per all TX trades
  • Setup must be a Reversal bar
  • An exhaustion box with a trapped order must appear on the end of the bar

The additional rules are:

That the current bar DR (trend indicator) and the prior bar DR must be the same color


The next important rules are based on Reasons Not to Enter:
  • Not within 5 minutes of Market Open, Close or Government News
  • Not directly into a stack of 3 or more OP Levels
  • Not enter when 2 clusters appear within 3 bars of the and including the entry bar
  • Not against a strong trend or into strong levels

Stop and Target
  • The initial Stop is 1 tick above/below the setup bar (17 ticks)
  • The Target is 7 ticks

The following image will give you an idea of how simple it is to identify the trade.



Naked TX OD Divergence Trade

This is a very simple trade to identify.

The first 2 rules are as per all TX trades
  • Setup must be a Reversal bar
  • An exhaustion box with a trapped order must appear on the end of the bar

The additional rules are:

Long – When Price makes a HH with the OD Divergence number making a substantially reduced number then we have OD Divergence




The image below, shows my results identifying all 3 setups for the Sun- – Mon ES trading session :

Comments on Results:

The results look positive and justify’s further backtesting.

It is interesting that for the day:

ETX – 13 trades, 1 maybe 2 lost, Total Gross $537.50
NTX (trend) – 3 trades, Nil Lost, Total Gross $262.50
NTX – OD -2 trades, Nil Lost, Total Gross $175.00

This did not match the frequency ratio of the trades from the sample I looked at.

I need to do more daily recording and analyze the trades to see how they fit my requirements.




I will report back tomorrow on my progress and any lessons I learn


Disclaimer

I am not affiliated with any of these companies.

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Godzilla
Brisbane, Australia
 
 
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eresults01 View Post
Third Live Sim Trade - 1 contract +$95 Net

The following image shows my 3rd live sim trade.

As you can see It was A ETX (Red Box and Blue inside) and had a new Paw on an MM (within 2 ticks).

So it was a valid Short.

I had left my target at 8 ticks and the target was hit.


Garry -

Congrats looks like your having some success on your new trading system.....from your avator you're in Oz? - are you trading the Oz night to access the ES day session ?

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012


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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi Godzilla,

Yes, I do live in Australia on the Gold Coast.

As I complete my backtesting, I will determine what the the best time of day to trade this system. It would appear that for Australian's the Euro Open would achieve good results.

When I do more sim trading and then live trading, I will be trading and testing the system for at least the first couple of hours of the US session.

Thanks
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 7 – Apex Sniper Trading Bootcamp – Testing and Learning …

Today, I continued to review the trades for the last 24 hours and learn more about the new setups.

Actions I took:
  • Clarified the rules for entering and not entering with the new setups
  • Reviewed the valid trades for the day on a static chart
  • Daily Valid Trade Review

The following, shows all the trades I identified for the Tuesday ES trading session. The session starts at 18:05 Monday and ends for me at 15:50 Tuesday.

Please note, this is a deliberate learning process for me to learn to identify the trade setups, when to enter and when not to enter. I have a trader review my spreadsheet and we discuss the validity of both the entries I took and didn’t take.

The process takes a fair amount of time but helps me learn much quicker.

The following is the legend for the trades sheet:



Comments on Results:

The results look positive.



I will report back tomorrow on my progress and any lessons I learn


Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 9 – Apex Sniper Trading Bootcamp – Studying the Setups …

Today, I continued to study the setups and review the trades for the last 24 hours.

Actions I took:
  • Listened to 2 new webinars on how to be successful on the Sniper Bootcamp
  • Clarified the setups in my trading plan
  • Watched the live market and the commentary during the first 90 mins of the market open
  • Reviewed the potential trades for Wednesday


New Webinars

This week Apex held a number of excellent webinars to help with my understanding of the setups. Learning when not to take a setup has been the most difficult part of learning to be successful.


Live Trade Room and Commentary

I found the moderators very helpful in clarifying the market during the US Open.

For a new person, the learnings were excellent but I still would recommend, first having a reasonable understanding of the rules before attending the sessions.

Live calls were made with explanations when possible. Some of these calls matched the Sniper Bootcamp setups and others were based on the experience of the moderators. Most of the calls would have allowed a trader to enter in time for the trade.


Wednesdays Potential Trades

Wednesday was an interesting day. I saw more chop in the market around setup bars. Chop is one of the reasons not to enter. The market chop kept me out of a lot of trades and if I had not have studied the Reasons Not to Trade, I am sure I would have had a number of losses.

Instead, I only identified winners, from the small number of trades.

Please consider this is on a static chart where I am moving it bar by bar to make my decision. So when in Sim or Live where the decision is needed quicker, I may have a completely different result.

That is why doing this Deliberate Practice is critical to my success.

Practice doesn’t make Perfect, Perfect Practice makes Perfect.


The other important process is having someone else check your practice of identifying valid trades. Feedback is critical to my growth.



The following is the trades sheet for Wednesday



I will report back tomorrow on my progress and any lessons I learn


Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 10 – Apex Sniper Trading Bootcamp – More Testing and Learning …

Another day in a market that didn’t give many valid trades. But still a good day!

Actions I took:
  • Listened to more training webinars and refined my notes
  • Watched the live market and the commentary during the first 60 mins of the market open
  • Reviewed the potential trades for Thursday

Live Trade Room and Commentary

I find that listening to the Live Room when the two moderators are in the room highlight and reinforce the trading nuances necessary to be successful.

Thursday Potential Trades

Thursday was another slow day but full of lessons.

After I went through the daily process of bar by bar static chart review, I looked at the trades I didn’t take and asked myself what would have happened in the live market. There was one trade I am sure I would have taken and lost. This one was not on my sheet as I had sufficient time to analyze it on the static chart. This part of deliberate practice is proving to be critical for building my skills.

The major lessons are around … When not to take a trade.

The other important process is having someone else check your practice of identifying valid trades. Feedback is critical to my growth.

I added a second setup column so I could record if there were 2 setups on the same signal






I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 11 – Apex Sniper Trading Bootcamp – More Testing and Learning …

Another day in a market that was slow and didn’t give many setups … but still enough!

Actions I took:
  • Watched another live webinar
  • Watched the live market and the commentary during the first 150 mins of the market open
  • Reviewed the potential trades for Friday

Live Trade Room and Commentary

With the speed of the market being slower, more time was spent on questions, reinforcing lessons form the market and the webinars along with trade calls.

Friday Potential Trades

Friday was another slow day but full of lessons. The slow days test your discipline.

Again, on review on the day’s trades I identified some trades that I may have taken live which were not valid. This highlights that I need more practice on both a static chart and with Market Replay using a fast speed to help my decision making reflections.

Identifying the trade is easy, but seeing the reasons not to enter can sometimes be harder.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 12 – Apex Sniper Trading Bootcamp – Review Day …

Time to review where I am currently at, in the challenge.

Actions I took:
  • Reviewed my current status with the course to see if I am on track to meeting my goals
  • Reviewed the 6:3 Apex Rule

Current Status

I am happy with my progress, having gone through:
  • all the online videos
  • updating with the weekly webinars
  • learning the setups and rules around entering and not entering
  • daily review of possible trades
  • peer to peer review of my daily review
  • sim trading for 1 day to check that the process works
Apex Investing

Generally, I am very happy with the course and Apex Investing.

Best Features:
  • The sniper setups appear to work (still to test in the live market)
  • There are plenty of people in the community who will answer any questions or give you advice or how to find out the answer
  • Apex team are very knowledgeable and want to help and make the information more understandable

Possible Improvements:
  • The Bootcamp Sniper Training page has all the information and links for the course. It could be simplified and reordered to make it easier to follow.
  • The course is evolving due to the market and Apex trying to simplify it for new people. This comes across as Apex changing things too often. They are only small changes but it can put you off. I find that they are just clarifying things to help the students
  • When the moderators are in the trade room it can get confusing for the new people, as some of the trades are not sniper trades.
  • If you miss the moderated room time then you will often miss great nuances to help you trade. I record the sessions so I don’t miss these gold nuggets.

What has held my progress up?

The biggest area that I have been slow to learn has been around when not to enter a trade especially around some types of chop. I have completed several other courses, but I find that in this course it is more important than in the others.

Am I on Track to my Goal?

At this time I see that I am on track to profitability within 90 days.

Review of the 6:3 Money Management Rule

The 6:3 ratio means that on any given day you can only lose 6 net trades and win 3 net trades before you stop trading. Apex state that is highly improbable to lose 6 net trades.

Too many people keep trading and don’t know when to stop.

Net 3 winners

This idea is based on wanting you to be profitable for 3 months before you start increasing your contracts. They also suggest that you withdraw 50% of your profit weekly.

If you trade ES with an 8 tick target the that means:

3 net winners = $12.50 x 8 = $100 x 3 trades = $300 per day minus commission.

Weekly = $300 x 5 = $1,500 – commission

Monthly = $1,500 x 4 = $6,000 – commission

Net 6 Losers

Again, If you trade ES with an 8 tick target the that means:

6 net losers= $12.50 x 8 = -$100 x 6 trades = -$600 per day plus commission.

Comment based on my Backtesting Results:

I like the idea of having the rule to stop trading. I have not seen any loss of 3 trades which resulted in 3 net losses. The only time this would occur would be if mistakes were made. So based on these results I will stop trading if 3 net trades occur on any 1 day. This will then allow me to identify and fix any problem before I lose too much financial or mental capital.

The idea of stopping when I make 3 net winners means that I will achieve my original goal and limit the risk of overtrading.



I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 13 + 14 – Apex Sniper Trading Bootcamp – Testing and Focus …

Time to test my skills and focus to improve.

Actions I took:
  • Market Replay Testing to observe where I need to improve my skills
  • Daily Practice of identifying the trades for the day

Market Replay Testing


The purpose of the Market Replay testing is to identify if I currently have the skills to trade profitably at the speed of the market.

The results identified one main area that I need improvement:

The main skill is identifying a certain type of chop. I will create an indicator to flag the chop and that should help a lot


Sunday + Monday Potential Trades


I identified 11 valid trades of which 10 were winners.

Of the three types of trades (Enhanced, Trend and Divergence), Five trades were Divergence trades.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 15 – Apex Sniper Trading Bootcamp – Daily Review …

ES had a good day and NQ starting to deliver good signals!


Actions I took:
  • Good learning in the live trading room at US Open
  • Created and tested chop indicator – still some mods to do
  • Reviewed the potential trades for Tuesday


Live Trade Room and Commentary

Darrell was late to the room and Lori shared her experience with the room.


Tuesday Potential Trades

The ES had some slow periods bit still would be a profitable day..




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 16- Apex Sniper Trading Bootcamp – Daily Review …

ES had another good day!

Actions I took:
  • Good learning in the live trading room at US Open
  • Reviewed the potential trades for Wednesday
  • Continued using Market Replay to improve my live market decision making for the live market

Live Trade Room and Commentary

The US open started slow but some good trades could be made. Avoiding News was critical.

Wednesday Potential Trades

The ES could have been a profitable day as long as you followed the rules.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 17- Apex Sniper Trading Bootcamp – Daily Review …

Not the best day for ES!

Actions I took:
  • Good learning in the live trading room at US Open – Lori shared some great lessons
  • Continued using Market Replay to improve my live market decision making for the live market
  • Reviewed the potential trades for Thursday

Live Trade Room and Commentary

ES gave a lot of opportunities to lose money.

NQ is trading well during the US trading session. Some people are starting to trade more NQ then ES. I will continue with ES and from Monday, I will start recording the Potential Trades for NQ as well as ES.

Market Replay Lessons

Have your trading plan in front of you when you trade. This may sound common sense but I see a lot of people who are taking trades that are not valid trades. Just because it wins doesn’t mean it was a valid trade and can create bad habits.

After, listening in the live trade room it is easy to want to take other trades that I have not tested and fully trust.

This was a problem for me today when I started my Market Replay! I stopped and clarified the trade setups I was using and took ownership of that. After that, it was easier to focus on my trading and I stopped making silly mistakes if, in doubt, I referred to my setup notes for confirmation.

Thursday ES Potential Trades

This is one of the lowest ES profitable trade day lists that I have tracked.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.


I will report back tomorrow on my progress and any lessons I learn

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 18- Apex Sniper Trading Bootcamp – Daily Review …

An interesting day for ES and NQ still giving good signals.

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Continued using Market Replay to improve my live market decision making for the live market
  • Reviewed the potential trades for Friday

Live Trade Room and Commentary

I believe the live trading room with commentary and calling trades good for some people but distracting for others. Some of the knowledge shared in the room is very useful and would help me to learn quicker.

I fall into the bracket of being distracted and I don’t want trades called for me. So the question is, how do I get the knowledge that is shared in the room?

I have tried recording the session and because the talking is not continuous can be over 2 or more hours, it isn’t practical to review it every day.

So I believe the best way is if I record it and then convert it to text. I could skim the text in 10 mins and see what is useful and what is not. There are some free and paid programs. The paid ones can work out expensive so I am looking for one that is free or low price to achieve this. So far I have not found a program that does a good job.

If anyone can suggest a program that will convert either audio or video/audio to text, I would appreciate it.

Market Replay Lessons

Again, the Market Reply reinforced some items I need to focus on.

Friday ES Potential Trades

Two losses in a row!!

Remember, the tracking sheet is of all trades that I identified for the day. The plan is to have 3 Profitable Net Trades or 3 Losing Net Trades then quit for the day.

I also showed my tracking of MFE (Maximum Favorable Excursion) for each trade. This is an important statistic that I use to allow me to make an informed decision to vary my profit target.

In simple terms, MFE is how far the trade moves in a profitable direction.

You will also notice a comment “stopped must have been placed in the correct place”. In this trade, the long entry bar was sitting on a paw (line) that was 1 tick below the low of the bar. The normal stop would be placed 1 tick below the setup bar. Unless the order print (in this case the paw) was below the low. Then you would place the stop 1 tick below the paw (correct placement).

In the case price came back to the paw and if you had your stop in the correct place (1 tick below the paw) you would not have been taken out.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 19 – Apex Sniper Trading Bootcamp – Weekly Review …

Time to review the last 19 days.

Actions I took:
  • Review of the last 19 days
  • Review of the stats for the last 13 days
  • Continued using Market Replay
  • Reviewed my plan for the week

Review of the Last 19 Days

It has been interesting to learn a new approach which on the surface is using simple strategies but is based on order Flow and adapted to help the trader identify the setups easier.

I always wanted to learn Order Flow but every time I started looking at it I found it was complicated and often contradicted itself. Maybe it was the courses I looked at?

As I have said before, to be successful with this course you must understand when NOT to trade. This is a continuing learning process. Apex Investing recognizes this and discusses the reasons during the trading room sessions and with many videos to help.

The problem in the trading room is that you cannot assume that others know the rules and have learned the reasons, not to enter. This is not unusual for trading rooms where everyone is open to give advice. My view is appreciated every ones help, trust what they say but check to make sure it is correct. Keep plenty of notes. The two moderators are always willing to answer your questions. If they are not in the room at the time, you can just Skype them and they will get back to you with the answer when they can.

So, overall I am happy with the course and the support. I still believe this course can help me be profitable in 90 days.

Review of the Stats for the last 13 days

I am fully aware that 13 days of tracking the profitable trades is really not long enough for any deep analysis. I still think it is worth a quick look at some of the stats that have come out of the 13 days.

13 Days of tracking Potential Trades using ES. These are trades I identified as being valid.

180 Trades
161 Winners (7 Ticks per win)
19 Losers (17 ticks per loss)

The following chart shows the Time of Day(TOD) that the trades occurred. Below zero are the losers. The interesting observation is the TOD where the Losers occurred. As I said above, it is too early to draw conclusions but it still flags things to watch. This should over time help me choose the best TOD to trade this method.



With minimum stats, 9 am – 11 am is one time period that looks good. I would not have picked that period as being so good! Maybe I was influenced by the live trade room.

The other stat that is starting to look promising, is the Maximum Favorable Excursion (MFE). It will help in identifying larger profit targets. If I combine the MFE with TOD it could identify times to possibly go for larger targets.

This Week’s Plan

It is time to start Live Sim trading. Sometime this week I will begin.

For transparency and self-accountability, I would like to post the trade immediately after I enter. My problem is that the trades I take are usually quick so I need to focus on the trade. So, I just need to test and see how I can make it work.


I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 20 + 21 – Apex Sniper Trading Bootcamp – Daily Review …

How quick did the 21 days go!

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Continued using Market Replay to improve my live market decision making for the live market
  • Reviewed the potential trades for Sunday and Monday

Live Trade Room and Commentary

The first 60 mins of the US Open was slow. In the room, Darrell took the opportunity to walk through trades and educate the group. I am sure we all learned something or had something reinforced.

Market Replay Lessons

Sometimes the best lessons occur when you are not in sync with the market. Many lessons were had!

Sunday and Monday ES and NQ Potential Trades

NQ was exceptionally sparse on trades, but the trades that were valid won. 5 wins for 5 trades. The trade setups are only setting up during the US Market trading day.

From today’s NQ market I would not be trading it yet. I will keep tracking it.

ES had 12 wins with 1 loss. The market was going into a lot of choppy areas and I do not take trades into, out or during chop, so the number of trades was reduced today.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 22 – Apex Sniper Trading Bootcamp – Daily Review …

Terrible trades in ES!

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Continued using Market Replay to improve my live market decision making for the live market
  • Reviewed the potential trades for Tuesday

Live Trade Room and Commentary

Often in trade rooms, the moderators don’t admit or make excuses for a loss. Darrell lost 3 trades today and didn’t make any excuses. Instead, he stayed longer (all day) in the room to help identify trades for the students.

Market Replay Lessons

Only a quick Market Replay session but great practice.

Tuesday ES and NQ Potential Trades

Interesting day. I only identified 4 valid trades in ES and 3 were losers. These were finished by 10:20.

It then became obvious that NQ was giving the signals.

I identified 14 trades for NQ with 13 winners.

This shows the value of trading 2 markets. If one is quite then hopefully the market is moving.






I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 23 – Apex Sniper Trading Bootcamp – Daily Review …

What a difference a day makes!

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Watched this week’s videos
  • Reviewed the potential trades for Tuesday

Live Trade Room and Commentary

I find the trading room good but I don’t like that you have to be in the room to hear some of the information. Most of the time it is not recorded, so you miss some golden nuggets that would help you clarify the setups.

Don’t get me wrong, I believe you can be successful (yet to be proven) if you are not regular in the room. It is just that the information from the room will help.

I am still recording the room when the moderators are in the room but need a way to convert it to text for rapid review.

This week’s videos

I missed a couple of the live webinars this week so caught up with the videos. They get posted quickly after the events.

Comments about Yesterday

Yesterday was not the best day for trading the ES. It is good to see the NQ starting to give signals.

I was asked how I would handle yesterday with the 3 net wins: 3 net loss rule.

I modified this rule due to my backtesting. Apex has the 3 net wins or 6 net losses to stop trading. At some point, you have to STOP and Review the day. You cannot keep on losing.

The Stats I provide daily are for the whole day. If you are only trading between 10 am and 11 am then you would only look at the results for that period. So everyone’s day may be different.

The rule is NET Trades so if you lose 2 then win 1 followed by another loss. You had 3 losses but the net is not 3. So you would keep trading.

Wednesday ES and NQ Potential Trades

Today was a better day.

I identified:

ES – 8 Trades – 8 winners

NQ – 17 Trades – 16 winners

Have a look at the MFE and you will notice some very good upside to increase the target or trail a second contract. It is too early to make any decisions until a much large sample can be analyzed.







I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 24 – Apex Sniper Trading Bootcamp – Daily Review …

NQ giving more trades.

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Reviewed the rules for the setups
  • Reviewed the potential trades for Thursday

Live Sim Trading


I have put back my live sim trading until next week.

The market is changing and giving more trades in NQ. I will still take trades in ES but need to transition to NQ trades as well.

There are some slight changes to the setups in NQ, so it is important to be up to date with these variations and have backtested them.

Thursday ES and NQ Potential Trades

Today was a slow day for ES.

I identified:

ES – 2 Trades – 2 winners

NQ – 15 Trades – 14 winners

The MFE info is still looking good.




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 25 – Apex Sniper Trading Bootcamp – Daily Review …

ES provided only a few trades and NQ, the best it has been. Is this the changing of the guard?

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Reviewed the setups for NQ
  • Reviewed the potential trades for Friday for ES and NQ

So why are the NQ setups different from ES?

I have had some questions about why they need to change the setups when trading the NQ market.

The changes are only minor but can make the difference between being profitable or not.

It comes down to the speed and momentum of the NQ compared to ES.

Friday ES and NQ Potential Trades

I identified:

ES – 4 Trades – 3 winners

NQ – 22 Trades – 20 winners

At this time, most signals on NQ occur after 630am.

Both markets having interesting MFE results.,





I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Trading Psychology

I have been asked a question about what psychology books I recommend.

There are many books, courses, and articles on trading psychology, so it is important to find someone who resonates with you. Mark Douglas doesn't resonate with me but many people rave about him.

So, my suggestion is to go to youtube and listen to Mark Douglas as his books and seminars are there to listen to. See if he resonates with you.

I have highlighted my favorites

Other people on youtube to check out are:

Brett Steenbarger - he has a new youtube series [yt]https://www.youtube.com/playlist?list=PL4Xc9uwUmmqShzbxH8epZGVIUHmuKX7Ha[/yt]

Rande Howell

Urban Forex

Axia Futures

Mandi Pour Rafsendjani

Clay Trader

Chris Capre

Van Tharp

Steve Ward

Gary Dayton

Norman Hallett


Books and Courses

All of the above plus

Market Mind Games - Denis Shull

Reminiscences of a Stock Operator - Edwin Lefevre

Sway: The Irresistible Pull of Irrational Behaviour - Ori and Rom Brafman

Let the Trade Wins Flow - Dr Harry Stanton

Thinking, Fast and Slowly - Daniel Kahneman

The Mental Edge in Trading: Adapt Your Personality Traits and Control Your Emotions to Make Smarter Investments by Jason Williams

The Psychology of Trading: How to Create and Maintain Your Winning Edge - Jason Alan Jankovsky

The Power of Habit - Charles Duhigg

Trade With Passion and Purpose - Mark Whistler

The Hour between the Dog and Wolf - John Coates


Ruth Barron Roosevelt

Dr Alexander Elder

LR Thomas

Ari Kiev


Yes, I selected a lot! You can learn from everyone. Note that some are not "trading" books but they do relate to traders.

LR Thomas, Clay Trader, and Axia Futures have some very good beginners material on Youtube.

When you find someone you relate to then you can go down that rabbit hole but remember it has to be practical.

These are the ones off the top of my head and if I have missed anyone I think is important I will post it.

I hope this helps

Cheers
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 26 + 27 – Apex Sniper Trading Bootcamp – Daily Review …

Today is the first day of Sim Trading …

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Start of the Sim Trading Phase
  • Reviewed the potential trades for Sunday and Monday for ES and NQ

Start of the Sim Trading Phase

Sim trading didn’t start great with my profit target wrong in the first trade and the second not being a valid trade.

If I had my profit target in the correct position then it would have been hit. So what did I do wrong? My NT7 platform had a problem so I rebooted it and didn’t check my settings!!!

The second trade was a simple mistake and still hit my profit target. As it wasn’t valid I did not count it in my numbers.

Overall my results were a good start even if I didn’t hit my daily target.

Below are my results of possible trades and sim trades.

There appears to be problem posting images so the following are links to the results


ES Results



NQ Results




I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 28 – Apex Sniper Trading Bootcamp – Daily Review …

Today is the second day of Sim Trading …

Actions I took:
  • Listened to today’s webinar
  • Listened to the trading room for the first 90 mins of the US Open
  • The second day of Sim Trading
  • Reviewed the potential trades for Tuesday for ES and NQ

Today’s Webinar

Over the last couple of week’s Apex have introduced two new trade setups and a third one today.

I have learned them (easy) and watched them on the live charts. I have decided, not to use these until I have results from the original boot amp setups. I will keep watching them to see how they perform.

The Second day of Sim Trading

First, I have a question. Should I post my charts or just the results like below? ​


The following are the 3 trades that I traded today.

2 ES and 1 NQ trades that all went to target. Total Profit $210.

The running P/L for 2 days of Sim is $312.50



I didn’t make any mistakes today and achieved 3 – 0 and then stopped trading.

The question is how to work my modified 3 – 3 when I am trading two instruments of different values?

My options are:

Ignore the value and just stop at the 3 wins or 3 losses?
Balance the instruments by trading 1 ES and 2 NQ per trade?
Trade the mix until I profit $250 Net or Lose $250 Net?
Apex investing suggest when trading for funding, that you use the second option (1 ES and 2 NQ)

I will review these options to see what I prefer.


Potential trades for Tuesday for ES and NQ

Good trades could be found on both ES and NQ.

The Potential Trade stats look really good with an average of over 90% win rate.

Even though it would appear that the potential is there, you must remember that these are based on 23 hours per day and the sample is still relatively small. The indications are great but the real results becomes reality when you trade live.





I will report back tomorrow on my progress and any lessons I learn

Disclaimer


I am not affiliated with any of these companies.

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 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
Experience: Beginner
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Post charts as well

Visit my futures io Trade Journal
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 kingfish8877 
College Point, NY, USA
 
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avidly following this thread. big thanks for doing this, my friend. really wish someone had done this a while ago.

traded forex quite heavily for 4 years and looked at all kinds of trading / mentoring courses. here are my 2 cents:

1. the old saying " those who trade don't teach & those who teach don't trade" may have some merit. as trading (at least for me) is such a full time endeavor, i.e., screen time, journaling & analyzing, tweaking the system, etc. couldn't understand how someone can find time to teach / mentor while also trade full time.

2. but i can't rule out the possibility that there are real deals. he/she may just like extra income from teaching (so essentially work two full-time jobs, trading AND teaching), and / or genuinely like to teach. but I haven't been able to find these "rare creatures".

3. like your attitude re. some training experience you had. even if things didn't work out, you still learned something. also, even if a particular training doesn't work out, can we entirely blame others? trading is such personal thing, a fantastic system for one guy may be a total disaster for others. also a good trader may be a terrible teacher.

again keep up the good work!!!

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 sunshnpeg 
Greenville SC
 
Experience: Intermediate
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Broker: NinjaTrader
Trading: NQ, MNQ
 
Posts: 16 since Nov 2018
Thanks: 67 given, 6 received

Yes, please post charts. I have enjoyed following along and appreciate your methodical documentation. I go back and review my charts based on the times you placed the trades to see if they are similar to the ones I traded in my sim account. Thanks for all your work on this.

NOTE: I prefer NQ to ES.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 29 – Apex Sniper Trading Bootcamp – Daily Sim Review …

Today is the third day of Sim Trading …

Actions I took:
  • Listened to the trading room for the first 180 mins of the US Open
  • The third day of Sim Trading
  • Reviewed the potential trades for Wednesday for ES and NQ

The Third day of Sim Trading – Losing Day

I had a busy day so could not focus on my trading. (Lesson 1)

Lesson 1 – I missed several trades because I was not focussed – I need to remember to walk away and come back when I can focus.

The market had some big moves and was very fast most of the US Day. (Lesson 2)

Lesson 2 – The markets were so quick that I didn’t have time to ensure they were valid. There will always be another trade so I don’t have to take the potential trade in front of me.

What I did right, was not to take revenge trades or trades that I was not sure were valid or didn’t have time to validate.


Today, I live sim traded 2 trades, 1 ES (Loss), and 1 NQ (Win). Total Loss – $190.

The running P/L for 3 days trading 1 contract on Sim Live is $122.50


Trade 1 Review – ES Short OD Divergence

Let me first explain how to tell OD Divergence.

If you look at the chart below you will see the bar on the left has a black number above it (13K). On the fourth bar from the right, you will see a white number above it (18K). As per the normal rules of divergence it requires for a short to have made a Higher High and the indicator makes a LL.

I find that the OD divergence is very accurate. It would require for this example, that the second OD number be at least 80% of the first but preferably 50%.

At the time I took the trade (Arrow marked OD Short), The bar had an OD number of approx 60% of the 13K. I took the trade, was stopped out and when the price went higher, the OD moved to the HH. I know that the OD number is dynamic but I have never been caught out by this before. At the time I entered it was a valid trade.

The trade became a valid trade where the second arrow (marked Missed Valid). I missed this trade as I was still reviewing the loss (Lesson 3). This trade was two types. First a DR Divergence trade and secondly an Enhanced trade.

Lesson 3 – Be in the NOW and focus on the chart

DR Divergence

Below the chart, you can see the red and green histogram. This is the trend direction indicator. Note below the first OD Short arrow compared to below the Missed Valid Arrow, this indicator has two hills. Price made Higher Highs and the DR Indicator made Lower Lows … therefore DR Divergence.

Enhanced Trade

There are a couple of different forms of enhanced trades but this one is identified by:
  • Reversal Bar
  • Red Box at top of the bar
  • New White Line (MM) from the bar
  • An existing line (orange PP)

The first Chart is the ES Trade




Trade 2 Review – NQ Short OD + DR Divergence

This was a simple trade and the reasons I took it is explained above.



The following is the trades from the NT7 Summary Panel




Potential trades for Tuesday for ES and NQ

Today, especially during the US daytime was very fast on both markets. NQ was quicker then ES.

In my list of potential trades for the day, I have not listed a number of trades as I would consider them not to be realistic trades.

Apex Investing does have a Semi-Automated program that would have helped to get into quick trades. I believe that this program is for more experienced traders who already know the rules and can make super quick decisions on the validity of the trade. I have heard only good things about the program but have not yet used it.







I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 30 – Apex Sniper Trading Bootcamp – Daily Sim Review …

Today is day four of the Sim Trading …

Actions I took:
  • Listened to the trading room for the first 90 mins of the US Open
  • Day four of Sim Trading
  • Reviewed the potential trades for Thursday for ES and NQ

Day Four of Sim Trading

NQ was still a fast market today so I only traded the ES.

I live sim traded 6 trades, 1 ES (Loss) and 5 ES (winners). Total Profit $245.

The running P/L for 4 days of Sim is $367.50

Trade 1 ES Short NTX – Trend trade (Loss – $230)




Trade 2 ES Long Enhanced and DTX Trade (Profit + $95)

The DTX trade is simply:
  • Reversal Bar
  • Box with blue square in it. On top of bar if short and bottom of bar for long (TX)
  • With another box and blue square within 5 ticks and up to 30 bars from the most recent (double)



Trade 3 ES Long OD Divergence Trade (Profit + $95)



Trade 4 Long ES OD Divergence Trade (Profit + $95)



Trade 5 OD Divergence Long Trade (Profit + $95)



Trade 6 Enhanced Long Trade (Profit + $95)



The following is the trades from the NT7 Summary Panel



Potential trades for Thursday – ES and NQ

The markets were moving very quick again. I did not trade NQ.

In my list of potential trades for the day, I have not listed a number of trades as I would consider them not to be realistic trades.






I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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NStrade
Russia
 
 
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Great job. I am watching this with interest.

 
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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

Hi Everyone,

I have had a couple of people say that the stats are a little confusing.

Sorry if I have confused anyone. Thanks for letting me know.

To compare any stats with the Sim Trading is too soon.


My Results for the four Sim Trading days:



I will post later today the results from Friday.


Spreadsheets Explained



The first data is for ES

Section 1:
Section for the possible trades identified on a static chart but not taken

Section 2: Results of ES Possible trades split into General Setups. Sometimes when a trade is identified in can fall into 2 groups and these numbers count each individual setup.

Section 3: This lists the actual Sim Trades in line with the appropriate potential trade. If the sim trade does not line up with a trade in section 1, then it is added to section 1 but not counted in that section.

Section 4: This section shows the start and stop time for potential trades. Also, any comments are added here




The second data is for NQ

Section 5: Section for the possible trades identified on a static chart but not taken

Section 6: Results of NQ Possible trades split into General Setups. Sometimes when a trade is identified in can fall into 2 groups and these numbers count each individual setup.

Section 7: This lists the actual Sim Trades in line with the appropriate potential trade. If the sim trade does not line up with a trade in section 1, then it is added to section 1 but not counted in that section.

Section 8: This section shows the start and stop time for potential trades. Also, any comments are added here

Section 9: This section shows the Daily and To-Date Summary for ONLY Sim Trades




Section 10: This section is a copy of the sim trades from the Ninja Trader platform.
I post this for two reasons.

First I want to show some proof that I took the trades at the times I took them. I wanted to post as I enter trades but that is not always practical.

Secondly, if anyone wanted to check their charts then Section 10 fives you better information for that. My trade times are entered at the bar time where as in Section 10, it will show the exact time I enter.

I do keep other stats on my spreadsheets but it would only be more confusing if I included them at this point.

I hope this helps and if you have any ideas about how I can present it better then please let me know.

Cheers
Garry

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 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
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Posts: 52 since Apr 2012

DAY 31 – Apex Sniper Trading Bootcamp – Daily Sim Review …

Today is day five of the Sim Trading …

Actions I took:
  • Listened to the trading room for the first 120 mins of the US Open
  • Day four of Sim Trading
  • Reviewed the potential trades for Friday for ES and NQ

Day Five of Sim Trading – Options Expiration created some fast markets

NQ was still a fast market today so I only traded the ES.

I live sim traded 8 trades, 2 ES (Loss), and 6 ES (winners). Total Profit $97.50.

Lessons

Both of the losses were mistakes by me. And I took a profit early on 1 trade.

The mistakes were caused by me not reading the chart properly!!!

Actions to help:

I will practice more with speed so I train my mind to identify the patterns quicker.

What I am happy with:

The reason I took profit early as the market looked like it was going into chop so I took profit at the top of the chop. After reviewing the trade, I am happy with the action I took.

I was very happy that when I had a loss, I was quick to take the next trade. I took a loss, entry at 9:41, and then entered a winning trade at 9:41:58 followed my another profitable trade at 9:43.

At about 10:00 I decided that as I was now back in profit for the day and I had made 2 mistakes then I would stop trading for the day. I wanted to make sure that I reviewed the trades I had made a mistake with before risking anything else. Get my head right for nest week.

I consider my first week of sim trading to be a reasonable week.

Trade 1 – ES Long NTX – OD (Profit $145)




Trade 2 – ES Long Enhanced Long (Profit + $20)

You can see how the market went sideways.



Trade 3 and Trade 4

Trade 3 – ES Long – I don’t know what I was thinking!! (Loss -$217)

Trade 4 – ES Long – Enhanced and DR Divergence Trade (Profit $95)

It was a quick trade and I remained focused.



Trade 5, 6 and 7

Trade 5 – Enhanced short trade but it followed a long smooth trend – NOT VALID (Loss -$230)

Trade 6 – DTX short Trade (Profit + $95)

If you look at the image below then you will see in the panel 2nd from the bottom, a green line. This shows when the DTX is valid.

Trade 7 – NTX long Trend Trade (Profit + $95)



Trade 8 – OD Divergence short Trade (Profit + $95)



The following is the trades from the NT7 Summary Panel



Potential trades for Friday – ES and NQ

The markets were moving very quickly again. I did not trade NQ and looking at the NQ chart most trade setups would have been too quick to enter.

In my list of potential trades for the day, I have not listed a number of trades as I would consider them not to be realistic trades.

The ES session did provide a number of trades that could be entered and you could have profited from them.









I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

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 WoodyFox 
Orlando, Florida
 
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Trading: Futures
 
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eresults01 View Post
DAY 31 – Apex Sniper Trading Bootcamp – Daily Sim Review …

Today is day five of the Sim Trading …

Actions I took:
  • Listened to the trading room for the first 120 mins of the US Open
  • Day four of Sim Trading
  • Reviewed the potential trades for Friday for ES and NQ

Day Five of Sim Trading – Options Expiration created some fast markets

NQ was still a fast market today so I only traded the ES.

I live sim traded 8 trades, 2 ES (Loss), and 6 ES (winners). Total Profit $97.50.

Lessons

Both of the losses were mistakes by me. And I took a profit early on 1 trade.

The mistakes were caused by me not reading the chart properly!!!

Actions to help:

I will practice more with speed so I train my mind to identify the patterns quicker.

What I am happy with:

The reason I took profit early as the market looked like it was going into chop so I took profit at the top of the chop. After reviewing the trade, I am happy with the action I took.

I was very happy that when I had a loss, I was quick to take the next trade. I took a loss, entry at 9:41, and then entered a winning trade at 9:41:58 followed my another profitable trade at 9:43.

At about 10:00 I decided that as I was now back in profit for the day and I had made 2 mistakes then I would stop trading for the day. I wanted to make sure that I reviewed the trades I had made a mistake with before risking anything else. Get my head right for nest week.

I consider my first week of sim trading to be a reasonable week.

Trade 1 – ES Long NTX – OD (Profit $145)




Trade 2 – ES Long Enhanced Long (Profit + $20)

You can see how the market went sideways.



Trade 3 and Trade 4

Trade 3 – ES Long – I don’t know what I was thinking!! (Loss -$217)

Trade 4 – ES Long – Enhanced and DR Divergence Trade (Profit $95)

It was a quick trade and I remained focused.



Trade 5, 6 and 7

Trade 5 – Enhanced short trade but it followed a long smooth trend – NOT VALID (Loss -$230)

Trade 6 – DTX short Trade (Profit + $95)

If you look at the image below then you will see in the panel 2nd from the bottom, a green line. This shows when the DTX is valid.

Trade 7 – NTX long Trend Trade (Profit + $95)



Trade 8 – OD Divergence short Trade (Profit + $95)



The following is the trades from the NT7 Summary Panel



Potential trades for Friday – ES and NQ

The markets were moving very quickly again. I did not trade NQ and looking at the NQ chart most trade setups would have been too quick to enter.

In my list of potential trades for the day, I have not listed a number of trades as I would consider them not to be realistic trades.

The ES session did provide a number of trades that could be entered and you could have profited from them.









I will report back tomorrow on my progress and any lessons I learn

Disclaimer

I am not affiliated with any of these companies.

You do realize the man (Darrell Martin) that owns Apex Investing is a scammer. He doesn’t even trade? And when he did, he was unsuccessful. He makes his money off training and indicators. Just getting 100 suckers at $200.00 per month…And we all know there are more suckers out there than that. Your scalping at a 98% success rate, so You do the math. He was once banned from this site and just recently some of us noticed him trolling and trying to promote another product.

By the way, I see you are trading in SIM, but you just passed your 30 day APEX trial period. Now you are $200 in the hole. You better start with real money soon. Just Saying.

Sorry, But this just smells! JMHO

 
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  #64 (permalink)
 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
eresults01's Avatar
 
Posts: 52 since Apr 2012

Hi Woodyfox,

I don't know why you think this smells. This is a challenge to see if I can find a course where I can be profitable in 90 days. If this one doesn't work then I will move to another one to try.

In my short time doing the Apex course I have seen a number of people make money using it.

Have you had personal experience with Apex?

You are actually not correct about the second month as Apex only charge $1 for the second month.

So far the course appears to work. I will wait and see how it works out.

I am not sure where you got the scalping at 98%? Maybe you really haven't read the posts.

If you can suggest ways I can improve the posts then please leave me your ideas.

It is easy to be critical lets see if you can add some value!

Thanks
Garry

Started this thread
 
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  #65 (permalink)
 ninjus 
Chiang Mai Thailand
 
Experience: Beginner
Platform: Seirra Chart
Broker: Optimus + Rithmic
Trading: MNQ
 
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Posts: 723 since Jun 2017
Thanks: 1,165 given, 2,301 received


WoodyFox View Post
You do realize the man (Darrell Martin) that owns Apex Investing is a scammer. He doesn’t even trade? And when he did, he was unsuccessful. He makes his money off training and indicators. Just getting 100 suckers at $200.00 per month…And we all know there are more suckers out there than that. Your scalping at a 98% success rate, so You do the math. He was once banned from this site and just recently some of us noticed him trolling and trying to promote another product.

By the way, I see you are trading in SIM, but you just passed your 30 day APEX trial period. Now you are $200 in the hole. You better start with real money soon. Just Saying.

Sorry, But this just smells! JMHO

I'm with Woody on this one.

This is blatantly marketing in disguise.

Why go to all this effort?

https://www.aussiestockforums.com/threads/my-trading-quest.35276/
https://www.mypivots.com/board/topic/9463/4/my-trading-quest-profitability-in-90-days
https://www.elitetrader.com/et/threads/my-trading-quest-can-i-be-profitable-in-90-days.341793/page-4
https://www.trade2win.com/threads/my-trading-quest-profitability-90-days.237509/
https://twitter.com/TradingQuest
https://www.mytradingquest.com/


Something definitely doesn't smell right.

If I was a vendor I'd happily pay someone to put this much effort in sharing how we operate across the web.

It's clever approach.


Marcus Aurelius
"Not to assume it's impossible because you find it hard. But to recognize that if it's humanly possible, you can do it too"

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  #66 (permalink)
 eresults01 
Australia
 
Experience: Intermediate
Platform: NT, Tradestaion
Trading: US, ES, NQ, YM
 
eresults01's Avatar
 
Posts: 52 since Apr 2012

It is a challenge ... it is fun to learn and grow ... I have nothing to gain from this except more learning.

I am reporting what I personally experience.

If the course fails or goes well then maybe we can learn from it either way

The reason to post my experience is so people can give feedback and we all can learn together

If you can help with the experience and learning then please suggest ways to improve the posts and the experience.

Cheers
Garry

Started this thread
 
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  #67 (permalink)
 WoodyFox 
Orlando, Florida
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
 
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Posts: 304 since May 2016
Thanks: 126 given, 630 received


ninjus View Post
I'm with Woody on this one.

This is blatantly marketing in disguise.

Why go to all this effort?

https://www.aussiestockforums.com/threads/my-trading-quest.35276/
https://www.mypivots.com/board/topic/9463/4/my-trading-quest-profitability-in-90-days
https://www.elitetrader.com/et/threads/my-trading-quest-can-i-be-profitable-in-90-days.341793/page-4
https://www.trade2win.com/threads/my-trading-quest-profitability-90-days.237509/
https://twitter.com/TradingQuest
https://www.mytradingquest.com/


Something definitely doesn't smell right.

If I was a vendor I'd happily pay someone to put this much effort in sharing how we operate across the web.

It's clever approach.

Nice work Ninjus....good detective work! @Big Mike should have you on payroll! LOL.

 
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  #68 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,088 since Jun 2009
Thanks: 32,548 given, 98,560 received

Moderator Notice
Moderator Notice



Please update the vendor review thread to expose this vendors tactics.

In addition, here is the "personal website" this eresults guy claimed was just his own personal site:


(pasted screenshot)



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