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


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

  #621 (permalink)
ethlen
france paris
 
Posts: 12 since Apr 2021
Thanks Given: 1
Thanks Received: 1

hello, and thank you for your kindness. I'm starting out in futures. I have followed a lot of training: axia, michael valtos, ... followed a lot of webinars, notably that of jim dalton. it's not easy, I don't speak English. I'm on the sierra chart with my tpo chart and the profiled volumes and I'm trying to get an idea of it
I'm watching your videos now.
I saw that you split the overnight session and the cash session.
What are the levels that you put in your graphs?
on the overnight session
the high the low and the poc
but you have many other traits
for the cash session (including overnight)
you have the initial balance from the first hour
the poc probably
the middle
but what is O / S high and O / S low?
how do you determine the lvn and the hvn? your composite profile is done over what type of duration?
sorry I'm bombarding you with question.
Are your webinars no longer available for sale?

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  #622 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
Thanks Received: 1,513

Hello and Happy Thanksgiving, Traders!

We had a public webinar last week with the objective of giving traders the pieces that are often not discussed on how to trade futures like a professional day trader. I feel it is important for traders to hear what was covered. I'm sharing the YouTube video here in case you weren't aware of it.

Please let me know what you think of the discussion and what stands out for you.

There are a lot of tips offered during this session that I hope you find useful.

Cheers!




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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  #623 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
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Hello Traders!

Happy New Year.

Does anyone following this thread have experience with TradeStation's API? If so, can you take a look at this post for me?

I could use the help. Thanks!

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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  #624 (permalink)
 vonboettichert 
Johannesburg SA
 
Experience: Master
Posts: 1 since Aug 2019
Thanks Given: 0
Thanks Received: 0

Heya Morad!

Long time lurker on your TB's and webinars, thanks for all the effort and insights you give away so freely.
I wanted to ask you a few questions about zippers which I haven't really ever found the answer to in any webinars:

1) I stand to be corrected, but as far as I know you've switched from a 4t renko to a point&figure chart to identify zippers. What is the motivation behind doing this? Is this related to the high ranges and rotations we've been seeing in the ES compared to a couple years back?
2) What do you look for when a zipper retest takes place that will give you the go ahead for an entry? For example, do you look at the volumetric bars; do you use a smaller-time frame to trigger on price action, etc.
3) In a previous TB a few weeks ago (unfortunately I don't remember the exact one), you mentioned that a retest of the HVN associated with a zipper is an indication that you should bail out of a trade. With this, do you mean a secondary retest, not the initial one?
4) Lastly, what is the expectation of a zipper retest? To clarify this: if a zipper is formed and retested from above after an initial impulse up move, is the expectation of the zipper to make new highs? In line with this: when do you decide that a zipper is 'done'?

Thanks and have a good weekend!

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  #625 (permalink)
 yigal 
Riga
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 2 since Jul 2009
Thanks Given: 7
Thanks Received: 0

Hi Morad,
Do you accept account funding from Revolut or Wise personal account? I am located in the EU, wire transfers in USD or EUR are possible. Thanks!

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  #626 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
Thanks Received: 1,513


yigal View Post
Hi Morad,
Do you accept account funding from Revolut or Wise personal account? I am located in the EU, wire transfers in USD or EUR are possible. Thanks!

Hi @yigal,

Do you mean to use Revolut or Wise to fund an account at Edge Clear or to pay for something else? I'm not clear.

Best,
FuturesTrader71

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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  #627 (permalink)
 yigal 
Riga
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 2 since Jul 2009
Thanks Given: 7
Thanks Received: 0


FuturesTrader71 View Post
Hi @yigal,

Do you mean to use Revolut or Wise to fund an account at Edge Clear or to pay for something else? I'm not clear.

Best,
FuturesTrader71

I mean to use Revolut or Wise to fund an account at Edge Clear.

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  #628 (permalink)
 
EdgeClear's Avatar
 EdgeClear   is a Vendor
 
Posts: 51 since Apr 2020
Thanks Given: 32
Thanks Received: 78


yigal View Post
I mean to use Revolut or Wise to fund an account at Edge Clear.

Hi @yigal,

Thank you for inquiring about Edge Clear! Yes, we accept funding through Wise. This will need to be done through out Dorman Trading FCM.

To get started with Edge Clear, you can use the following link: https://www.dormanaccounts.com/eApp/user/register?brokerid=318

To contact a personal broker that will assist you throughout this process, please fill out the following contact form: https://edgeclear.com/contact-us/

We look forward to working with you!

Best,

Edge Clear

Please call us with any questions 773.832.8320 or 844.TRADE20. Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.
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  #629 (permalink)
Laconic
New York, New York, USA
 
Posts: 38 since Jun 2016
Thanks Given: 15
Thanks Received: 47

CME Event Contracts:

1. What entity or entities are the market makers for these contracts and what rules do they have to follow?

2. If you were a retail trader coming up with a plan to participate in this product, how would you measure and account for the effect of the bid/offer over a large number of trades?

Thanks!!

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  #630 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
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Laconic View Post
CME Event Contracts:

1. What entity or entities are the market makers for these contracts and what rules do they have to follow?

2. If you were a retail trader coming up with a plan to participate in this product, how would you measure and account for the effect of the bid/offer over a large number of trades?

Thanks!!

Hello @Laconic,

I don't know who the market makers are. I don't know that this information is public.

I'm using Rithmic's webapp and I never click on the Yes/No button. I usually work a bid on the call or put that we are trying to buy to avoid the spread. The spread can widen sometimes and I prefer not to pay up. I am not a fan of platforms that don't allow me to work an actual bid.

I hope that answers your questions.

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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Last Updated on December 2, 2022


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