Anyone watched Mentors Mike movies of Pacific Trading Academy - futures io
futures io



Anyone watched Mentors Mike movies of Pacific Trading Academy


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one jake1102 with 7 posts (1 thanks)
    2. looks_two wavesurfer with 6 posts (0 thanks)
    3. looks_3 Peter2150 with 4 posts (0 thanks)
    4. looks_4 BeachTrader with 4 posts (1 thanks)
    1. trending_up 9,890 views
    2. thumb_up 2 thanks given
    3. group 11 followers
    1. forum 28 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
 

Anyone watched Mentors Mike movies of Pacific Trading Academy

(login for full post details)
  #1 (permalink)
 jake1102 
Panama
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Es
 
Posts: 10 since Jul 2011
Thanks: 1 given, 2 received

HI there

Anyone watched Mentors Mike Daily trading movie. He seems to be doing very well with his trading method.
Would like to hear some comments on his movies

Here is the link if you want to check it out

https://ptausa.com/pacifictradingacademy/blog/mentor-mikes-market-movie/



Appreciate the input

Jake

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
What are the main Eurobond futures and their respective …
Traders Hideout
Chart Comparer
NinjaTrader
Does anyone have the code for Anchored Vwap to use in Qu …
Traders Hideout
Harmonic Patterns Indicatorsto be corrected
EasyLanguage Programming
one chart to another
NinjaTrader
 
 
(login for full post details)
  #3 (permalink)
 Peter2150 
Washington DC
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 214 since Jun 2009
Thanks: 110 given, 117 received


Not sure how you can say he is doing well. I watched part of one movie and he is using market replay data, so he already knows what the day was like. Anyone can excel if they know ahead of time where to enter and exit.

Unfortunately that puts no money in an account.

Pete

Reply With Quote
 
(login for full post details)
  #4 (permalink)
 jake1102 
Panama
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Es
 
Posts: 10 since Jul 2011
Thanks: 1 given, 2 received

Thanks Pete

So you believe that He is already aware of the results when He does these movies ? I hope that is not the case.
He one on best mentors and he claims he has trained several students to successfully do day trading.
The charges around $5,000 for the training . Anyway I found interesting his peeling strategy. I tried to re do his indicators and sim trades his approach. Works well on the 3 minutes chart . There is good percentage of winners although the losers tend to wipe out the gains. Not sure how He pulls off so many winners however and maybe I am not handling the losses correctly.

Jake

Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
 Peter2150 
Washington DC
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 214 since Jun 2009
Thanks: 110 given, 117 received

Assuming you don't buy it, to get to replay you have to have the charting program run. He was clearly replaying data.

Save your $5000 and learn here, it is better and free.

Pete

Reply With Quote
 
(login for full post details)
  #6 (permalink)
 jake1102 
Panama
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Es
 
Posts: 10 since Jul 2011
Thanks: 1 given, 2 received

Thanks for your reply. Understand that you are skeptical about this method as He is using replayed data.
However it is not easy to find a good method. Being an elite member what day trading method would you recommend in this forum ? FYI I have not signed on with them. the Instructor actually refused to accept me as an student when I asked about a guarantee. He got upset and then in a later emails said I have a deafitist attitude and He only accepted positive students. . So go figure !


Started this thread Reply With Quote
 
(login for full post details)
  #7 (permalink)
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
 
Victory Trader's Avatar
 
Posts: 530 since Sep 2011

...trading that many contracts is crazy...Not sure what he is trying to show by trading over 100 contracts in sim/replay mode. The system look interesting and very do-able to put together... Many sharp minds here at BM's

Does anyone know how to combine different time frames on to one chart? Thanks


Peter2150 View Post
Not sure how you can say he is doing well. I watched part of one movie and he is using market replay data, so he already knows what the day was like. Anyone can excel if they know ahead of time where to enter and exit.

Unfortunately that puts no money in an account.

Pete


Reply With Quote
 
(login for full post details)
  #8 (permalink)
 jake1102 
Panama
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Es
 
Posts: 10 since Jul 2011
Thanks: 1 given, 2 received

Hi there

This process started with 3 contracts and after every $1,000 in profits he increased one contract . So He has grown this sim account very well. Read his earlier posts . However all this was done in replay mode. I did find the Peeling strategy very interesting. ( Taking the first target at 3 ticks ) However the stop loss is not very clear I guess it is the Parabolic Sar indicator. Let me know if anyone is up to recreate this template. It is ninjatrader.

Started this thread Reply With Quote
 
(login for full post details)
  #9 (permalink)
 SeeTrader 
Missouri
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP
Trading: ES
 
Posts: 77 since Apr 2010
Thanks: 169 given, 34 received

Just when you thought you've seen it all.....

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 Peter2150 
Washington DC
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 214 since Jun 2009
Thanks: 110 given, 117 received



jake1102 View Post
Thanks for your reply. Understand that you are skeptical about this method as He is using replayed data.
However it is not easy to find a good method. Being an elite member what day trading method would you recommend in this forum ? FYI I have not signed on with them. the Instructor actually refused to accept me as an student when I asked about a guarantee. He got upset and then in a later emails said I have a deafitist attitude and He only accepted positive students. . So go figure !


ROFL. That is a riot. You could make any rule you liked, and make it work, if you use replay data. One of the things I work with is a simple approach using Hull Moving Averages. Do a search on Hull. There is a thread on it.

The best,

Pete

Reply With Quote


futures io Trading Community Trading Reviews and Vendors > Anyone watched Mentors Mike movies of Pacific Trading Academy


Last Updated on September 5, 2014


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