AlphaWave Trading Review (www.alphawavetrader.com) - futures io
futures io



AlphaWave Trading Review (www.alphawavetrader.com)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one longboat with 13 posts (26 thanks)
    2. looks_two kimyew with 12 posts (2 thanks)
    3. looks_3 stymie with 10 posts (41 thanks)
    4. looks_4 kignkenny with 10 posts (35 thanks)
      Best Posters
    1. looks_one stymie with 4.1 thanks per post
    2. looks_two rogera with 4.1 thanks per post
    3. looks_3 kignkenny with 3.5 thanks per post
    4. looks_4 longboat with 2 thanks per post
    1. trending_up 103,583 views
    2. thumb_up 346 thanks given
    3. group 65 followers
    1. forum 185 posts
    2. attach_file 3 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

AlphaWave Trading Review (www.alphawavetrader.com)

(login for full post details)
  #1 (permalink)
 tickvix 
USA
 
Experience: Intermediate
Platform: Infinity
Broker: Infinity
Trading: ES, Euro
 
tickvix's Avatar
 
Posts: 232 since Feb 2010
Thanks: 137 given, 156 received

Can some one give any input about AlfaWave Trading would be great.

Thank you in advance

Gregory

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Store value in variable when emas crossover easy language
EasyLanguage Programming
Order Flow Trade Detector Alert Sound
NinjaTrader
how to avoid these type of trades in algo
NinjaTrader
Hello, Im new, trying to learn the footprint
Commodities
Unable to choose strategy from chart - NT8
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
75 thanks
Any long term success stories from funded traders in the …
47 thanks
How to work on strategy
26 thanks
How to avoid wiping out the accounts?
18 thanks
Why dont people trade 150 ES contracts?
17 thanks
 
(login for full post details)
  #3 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
 
Posts: 429 since Oct 2009
Thanks: 265 given, 761 received


Hi,

I investigated this room (I get bored during the day).

She uses a 3 tiered-profit target method.

Very disciplined.

Are you okay with an inverted reward:risk ratio overall (on initial entry)?

And, she uses mit orders (how many Ninjatraders can use this) on entry.

Here was my report to my trading partner.

I enjoy looking at trading rooms in my spare time. She is now doing 6E trades and hourly trades on the ES.

It is free for a trial and here are some links.

Why don't you trial it and tell us your experience, eh?
---------------

I was in this trading room for a few days 2 months ago. She is the real deal. Good trader. And they make money in the room every week. No teaching of the method unless you pony out the big bucks. I suppose one could 'earn as they learn.'

I didn't care for the inverted reward to risk ratio and the 3 unit scaling out though.

Home - Alpha Wave Trader

Take a trial and fairly document your experience and let us know your results (be honest with yourself).

peace

Hedvig

Reply With Quote
The following 2 users say Thank You to researcher247 for this post:
 
(login for full post details)
  #4 (permalink)
 stymie 
vancouver
 
Experience: None
Platform: NT
 
Posts: 10 since Jul 2010
Thanks: 5 given, 41 received

Just to correct a couple things. Mit orders are not used. Entries are based on market structure and if the market is moving quickly, entries will happen quickly. If you are just watching in the room, some entries will happen too quickly for them to be announced and for you to act. These fast calls happen from time to time and sometimes generate complaints. The room moderator seems to have noticed and is starting to give a heads-up when an entry looks to be developing. But again, if the market is moving too fast, advance notice is not always possible.

As someone who has learned the system I use stop orders, never market orders. Once you know what to look for, you don't have to wait for the entry to be called out - you just place your stop order at the appropriate price.

Initial risk is normally larger by 1, sometimes 2 depending on rounding, ticks than the initial first target. There are usually 3 fixed targets and the 4th trails. Stops and targets are based on the chart interval you trade, so a 10 range chart will have stops and targets that are twice the size of a 5 range chart. Same idea with time based charts: a 60 minute chart will have larger stops and targets than a 1 minute chart.

Purpose of room is to advertise for the training (this is stated almost every day in the room). Room price is reasonable and based on my experience, even just trading 1 contract I can't see how you couldn't at least recoup the cost.

Reply With Quote
The following 3 users say Thank You to stymie for this post:
 
(login for full post details)
  #5 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
 
Posts: 125 since Oct 2011
Thanks: 14 given, 76 received

Just signed up for the trial so on Monday I'll go live with them
I'll keep you guys posted on my REAL performance

Follow me on Twitter Reply With Quote
The following user says Thank You to tamerrashdan for this post:
 
(login for full post details)
  #6 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
 
Posts: 125 since Oct 2011
Thanks: 14 given, 76 received

I'm impressed
The trader keeps you out of choppy zones,very disciplined, very clear entries/exits, early warning for upcoming trades

Follow me on Twitter Reply With Quote
The following 2 users say Thank You to tamerrashdan for this post:
 
(login for full post details)
  #7 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
 
Posts: 125 since Oct 2011
Thanks: 14 given, 76 received

3 ES trades
1 6E trade
All good
I think Mr. Fib will help me pay my rent for March God willing

Follow me on Twitter Reply With Quote
The following 4 users say Thank You to tamerrashdan for this post:
 
(login for full post details)
  #8 (permalink)
 Wizard 
Boston, MA USA
 
Experience: Intermediate
Platform: Ninja Trader
Trading: currency futures
 
Posts: 4 since Oct 2010
Thanks: 15 given, 0 received

tamerrashdan,

I am interested in finding out how you have progressed with Alpha Wave Trading since your post here from February.

Thanks

Reply With Quote
 
(login for full post details)
  #9 (permalink)
 flipper26 
toronto, ontario/canada
 
Experience: Beginner
Platform: ninjatrader, mt4
Trading: TF, Currencies, ZS
 
Posts: 133 since Oct 2011


stymie View Post
Just to correct a couple things. Mit orders are not used. Entries are based on market structure and if the market is moving quickly, entries will happen quickly. If you are just watching in the room, some entries will happen too quickly for them to be announced and for you to act. These fast calls happen from time to time and sometimes generate complaints. The room moderator seems to have noticed and is starting to give a heads-up when an entry looks to be developing. But again, if the market is moving too fast, advance notice is not always possible.

As someone who has learned the system I use stop orders, never market orders. Once you know what to look for, you don't have to wait for the entry to be called out - you just place your stop order at the appropriate price.

Initial risk is normally larger by 1, sometimes 2 depending on rounding, ticks than the initial first target. There are usually 3 fixed targets and the 4th trails. Stops and targets are based on the chart interval you trade, so a 10 range chart will have stops and targets that are twice the size of a 5 range chart. Same idea with time based charts: a 60 minute chart will have larger stops and targets than a 1 minute chart.

Purpose of room is to advertise for the training (this is stated almost every day in the room). Room price is reasonable and based on my experience, even just trading 1 contract I can't see how you couldn't at least recoup the cost.

@stymie, are you still in the room? Can you give an update since your post in Feb? The fib tool that she uses for entry, targets, etc - is that made available to you once you sign-up for the education? Thanks

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 goldfish 
Dallas, TX
 
Experience: Intermediate
Platform: Ninja Trader
Trading: 6E, TF, Stocks
 
Posts: 25 since Feb 2012
Thanks: 23 given, 10 received


I was in the Alpha Wave trading room this Tuesday, they said will give out the Fib tools when sign up for the Education course

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


futures io Trading Community Trading Reviews and Vendors > AlphaWave Trading Review (www.alphawavetrader.com)


Last Updated on February 23, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts