No BS Day Trading www.nobsdaytrading.com - futures io
futures io futures trading



No BS Day Trading www.nobsdaytrading.com


Discussion in Trading Reviews and Vendors

Updated by hen322
      Top Posters
    1. looks_one Heph333 with 11 posts (58 thanks)
    2. looks_two ReeceD with 10 posts (71 thanks)
    3. looks_3 spideysteve with 10 posts (12 thanks)
    4. looks_4 alejo with 9 posts (18 thanks)
      Best Posters
    1. looks_one BeachTrader with 23.2 thanks per post
    2. looks_two jstnbrg with 14.0 thanks per post
    3. looks_3 ReeceD with 7.1 thanks per post
    4. looks_4 Heph333 with 5.3 thanks per post
    1. trending_up 97,249 views
    2. thumb_up 652 thanks given
    3. group 117 followers
    1. forum 161 replies
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 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)

 
Thread Tools Search this Thread
 

No BS Day Trading www.nobsdaytrading.com

  #11 (permalink)
San Diego
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
Trading: CL, ES, NQ
 
BeachTrader's Avatar
 
Posts: 310 since Nov 2011
Thanks: 153 given, 416 received

I use the stuff I learned from No BS to help with my entries and exits. I tried scalping the Treasuries like John, but I just prefer going for bigger wins. So I don't trade exactly like him but what I learned from him helped me, especially watching a pro trade his live account.

Reply With Quote
The following 4 users say Thank You to BeachTrader for this post:

Can you help answer these questions
from other members on futures io?
Convert NinjaTrader NT7 indicator to Tradestation EasyLanguage and RADARSCREEN
Platforms and Indicators
Issue meeting order entry conditions
Elite Automated NinjaTrader Trading
Last 5 minutes Label
ThinkOrSwim
Moving average with Lag reduction
NinjaTrader
Linux?
ThinkOrSwim
 
 
  #12 (permalink)
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 75 received

John is a stand up guy. Jigsaw- Peter another stand up guy, together a good partnership.

Reply With Quote
The following 7 users say Thank You to dandxg for this post:
 
  #13 (permalink)
Singapore
 
Experience: Intermediate
Platform: X trader, meta trader, oanda, city index, ninja trader
Trading: Futures, Forex
 
Posts: 7 since Feb 2013
Thanks: 45 given, 1 received


I bought his basic course (ebook + a video) and his Intermediate and Advance webinar.

I would say it's worth the money.
His basic course is only less than $40 i think. If after reading you think it suit you than you purchase the webinar.
I was a chart trader before, I don't know about DOM.
His basic course taught me how to interpret those jumping numbers on the DOM.
I haven't make big profit from his sharing but it definitely help me reduce my losses very much.


Happy Trading.

Visit my Facebook Reply With Quote
The following 10 users say Thank You to deltok for this post:
 
  #14 (permalink)
Perth Western Australia
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Mirus
Trading: ES
 
Andrewt's Avatar
 
Posts: 13 since Jul 2010
Thanks: 24 given, 8 received

NO BS

Hi guys, I am thinking of doing johns course, I have been working with the Jigsaw Dom for a couple of weeks and thought I should learn more. How are you finding the stuff you learnt? has it been a help with your trading,
ANdrew

Reply With Quote
 
  #15 (permalink)
Hong Kong
 
Experience: Intermediate
Platform: NinjaTrader, TWS
Broker: IB/Kinetick
Trading: ES
 
Posts: 235 since Jan 2012
Thanks: 132 given, 319 received


Andrewt View Post
Hi guys, I am thinking of doing johns course, I have been working with the Jigsaw Dom for a couple of weeks and thought I should learn more. How are you finding the stuff you learnt? has it been a help with your trading,
ANdrew

Hi Andrew,

If you mean John's $40 course, go right ahead as you will learn lots. The accompanying video does not use the Jigsaw DOM but you still learn the basics of playing the game very well.

If you mean John's live trading webinar, i would suggest holding off for a few more months until you are more fluent reading the tape/DOM/etc. Go through Jigsaw Pete's free course, his videos, and the member ES course and take your time getting into game. After you are thirsty for real live tutoring, John's live webinar is excellent material and he now uses the Jigsaw DOM which makes things better. However, John does not use the snapshot function, or at least not on last webinar, which I find indispensible.

Hope that helps.

Richard
Hong Kong
Reply With Quote
The following 14 users say Thank You to RichardHK for this post:
 
  #16 (permalink)
australia
 
Experience: Beginner
Platform: NinjaTrader
Trading: -
 
Posts: 303 since Sep 2010
Thanks: 123 given, 138 received


TheSeeker View Post
In one the free available videos, he showed his trading results for the day which were at about 1000 USD.

He did 100 round turns on that day (5 trades 20 lots) A profit is a profit, obviously, but is this kind of trading doable for the average retail trader with much higher commissions ?

does anyone know if this is his normal performance? 100 lots for $1000 profit is not even 1 tick profit per contract if we are talking about ZN/ZB.

Reply With Quote
 
  #17 (permalink)
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 75 received


jonc View Post
does anyone know if this is his normal performance? 100 lots for $1000 profit is not even 1 tick profit per contract if we are talking about ZN/ZB.

When I bought his cheap course a few years back the most he made was 3-4 ticks he is a hard core scalper/tape reader. And he is trading, I believe, with local rates not retail.

Reply With Quote
 
  #18 (permalink)
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
 
alejo's Avatar
 
Posts: 1,311 since Apr 2013
Thanks: 16,557 given, 643 received

is it worth the $1000

any comment?

Visit my futures io Trade Journal Reply With Quote
 
  #19 (permalink)
Brisbane, Australia
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, ZN, Currency Futures
 
Posts: 15 since Oct 2013
Thanks: 2 given, 87 received

No BS Day Trading is Really No BS

I saw this thread and thought I would add my two cents.

From all my experience trading (10 years) I can unequivocally say that when it comes to creating a semi- stable profit with minimal risk of large drawdown then scalping the DOM is the way to go.

I love trading, and in the past would trade practically everything but there would inherently be large drawdowns in the profit due to unforeseeable fundamental factors. I think people need to remember that trading is about making money, if you are in it for fun and don't care about your P/L then you should start caring.

I recommend (as would most professionals) to get a DOM and stare at it for about two years. Conceptualise what John has discussed in his book (along with the concepts of liquidity, market profile and "value") and then start trading small. Scalping the DOM can be highly profitable if you are willing to put in the time. It takes abolutely no change in knowledge to go from swinging a 1 lot to a ten lot, to a 30 lot. THere is enough liquidity there that you dont even get noticed. Sure 6 ricks on a 1 lot on the ZN is about $100, but on a ten lot is $1k a day, and what about a 30 lot? Start small, think big.

To help you on your path I recommend getting in touch with a Deep Discount Broker. Also limit the number of trades per day (to stop churning of your account) and also have a tight stop limit on each trade. Learn what it means to have a "high probability trade" and to "cut your losses as soon as you know you are wrong." Also, learn about "leaning" and what is required to have both the winners and the losers pushing the market in the same direction.

This is all part of Johns book. This is real scalping and is what the largest futures traders on Earth do. But go with caution...... I never said it was going to be easy..

Happy scalping..

RD.

Reply With Quote
 
  #20 (permalink)
Winchester VA/USA
 
 
Posts: 57 since Aug 2013



ReeceD View Post
I saw this thread and thought I would add my two cents.

From all my experience trading (10 years) I can unequivocally say that when it comes to creating a semi- stable profit with minimal risk of large drawdown then scalping the DOM is the way to go.

I love trading, and in the past would trade practically everything but there would inherently be large drawdowns in the profit due to unforeseeable fundamental factors. I think people need to remember that trading is about making money, if you are in it for fun and don't care about your P/L then you should start caring.

I recommend (as would most professionals) to get a DOM and stare at it for about two years. Conceptualise what John has discussed in his book (along with the concepts of liquidity, market profile and "value") and then start trading small. Scalping the DOM can be highly profitable if you are willing to put in the time. It takes abolutely no change in knowledge to go from swinging a 1 lot to a ten lot, to a 30 lot. THere is enough liquidity there that you dont even get noticed. Sure 6 ricks on a 1 lot on the ZN is about $100, but on a ten lot is $1k a day, and what about a 30 lot? Start small, think big.

To help you on your path I recommend getting in touch with a Deep Discount Broker. Also limit the number of trades per day (to stop churning of your account) and also have a tight stop limit on each trade. Learn what it means to have a "high probability trade" and to "cut your losses as soon as you know you are wrong." Also, learn about "leaning" and what is required to have both the winners and the losers pushing the market in the same direction.

This is all part of Johns book. This is real scalping and is what the largest futures traders on Earth do. But go with caution...... I never said it was going to be easy..

Happy scalping..

RD.

Good info, do you know how Jigsaw's DOM compares to free DOMs, like the ones offered by Open E Cry or MarketDelta?

Reply With Quote



futures io Trading Community Trading Reviews and Vendors > No BS Day Trading www.nobsdaytrading.com




Upcoming Webinars and Events
 

Free BloodHound Licenses to everyone!

June
 

Every journal equals ten meals for the hungry

June
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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