AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything - futures io
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AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything


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AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything

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  #611 (permalink)
 Jemo 
FLorida / USA
 
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Hi Morad. Thank you so much for helping us traders!

Do you ever hold a position overnight? If not what are your reasonings behind it?

Thank you

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  #612 (permalink)
 Rrrracer 
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Finally got around to watching this... great webinar. @FuturesTrader71 asks all the tough questions and probes traders to do the same. Quite inspirational, thanks Morad.

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  #613 (permalink)
 FuturesTrader71 
 
 
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Jemo View Post
Hi Morad. Thank you so much for helping us traders!

Do you ever hold a position overnight? If not what are your reasonings behind it?

Thank you

Hi Jemo,

No, I have never and will probably never knowingly hold a futures position overnight. I like my sleep. It just isn't my style, but many traders do it.

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ranger64
Bangkok, Thailand
 
 
Posts: 72 since Jul 2012
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Hi Morad,

I was considering opening an account with TF4L and just wanted to know if Pratik Patel still is associated with TF4L or stage5trading? I assume that was before stage5 took over TF4L? Could you confirm?

https://www.nfa.futures.org/basicnet/regulatory-actions-detail-doc.aspx?docid=4420&rnd=77e18d2b-9dfd-473e-982e-f06569d12af7

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  #615 (permalink)
 TraderMich 
Copenhagen + Denmark
 
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ranger64 View Post
Hi Morad,

I was considering opening an account with TF4L and just wanted to know if Pratik Patel still is associated with TF4L or stage5trading? I assume that was before stage5 took over TF4L? Could you confirm?

https://www.nfa.futures.org/basicnet/regulatory-actions-detail-doc.aspx?docid=4420&rnd=77e18d2b-9dfd-473e-982e-f06569d12af7

I am pretty sure Pratik Patel is no longer involved and has not been for years.

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  #616 (permalink)
 FuturesTrader71 
 
 
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ranger64 View Post
Hi Morad,

I was considering opening an account with TF4L and just wanted to know if Pratik Patel still is associated with TF4L or stage5trading? I assume that was before stage5 took over TF4L? Could you confirm?

https://www.nfa.futures.org/basicnet/regulatory-actions-detail-doc.aspx?docid=4420&rnd=77e18d2b-9dfd-473e-982e-f06569d12af7

Hi @ranger64,

I am not associated with TF4L or Stage 5 Trading and haven't been for several years. As far as I know, Pratik is not either. Stage 5 Trading is still in litigation to be dissolved.

A quick search for the names showed that Pratik Patel is also in a lawsuit against Stage 5 Trading. See the attached image.

I would invite you to consider talking to the brokers at Edge Clear who used to be at Stage 5 and have all left in September 2019. You can reach Max or Ian at https://edgeclear.com/contact-us.

Note that I'm 100% owner of Edge Clear and have a personal interest in the success of the firm. I hope you can support what we are doing.

If you have any questions regarding brokerage, please let me know.

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
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  #617 (permalink)
 FuturesTrader71 
 
 
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Hello traders,

I want to bring this thread to your attention. It is the discussion relating to yesterday's open panel with Dr. Steenbarger and myself answering questions. Please give it a visit and see if there is anything new there for you to apply to your trading:



Cheers!

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  #618 (permalink)
 Big Mike 
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Here is our latest webinar recording featuring Morad and Dr Brett:





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 lesterb 
Toronto, Canada
 
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@FT71 great call this morning for scenario 1 on the ES. Up to 75 o/n high ( 71.50 ) , down to 60.75 ( 61.00 actual ), up a few points ( 63.00 actual ) and then down to 48.00 ( 47.75 actual ). Very well done and thank you.

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  #620 (permalink)
 FuturesTrader71 
 
 
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lesterb View Post
@FT71 great call this morning for scenario 1 on the ES. Up to 75 o/n high ( 71.50 ) , down to 60.75 ( 61.00 actual ), up a few points ( 63.00 actual ) and then down to 48.00 ( 47.75 actual ). Very well done and thank you.

Hi @lesterb,

Thanks for listening in on the Trader Bite. Yeah, that worked out well. In fact, we managed to get down into 4123 today which was the big extended target for yesterday. I like a market that is free to move under its own power. In my opinion, it makes it easier to read.

Keep reading the narrative and watch your risk. I hope you start to see a consistent outcome.

Best,
FT71

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
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