NexusFi: Find Your Edge


Home Menu

 





The Rational Trader trading room/ system


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one WilleeMac with 6 posts (8 thanks)
    2. looks_two coolriverjoe with 5 posts (13 thanks)
    3. looks_3 Forexoil with 3 posts (0 thanks)
    4. looks_4 emini2000 with 3 posts (2 thanks)
      Best Posters
    1. looks_one noodles with 3 thanks per post
    2. looks_two coolriverjoe with 2.6 thanks per post
    3. looks_3 WilleeMac with 1.3 thanks per post
    4. looks_4 emini2000 with 0.7 thanks per post
    1. trending_up 21,204 views
    2. thumb_up 31 thanks given
    3. group 16 followers
    1. forum 25 posts
    2. attach_file 6 attachments




 
Search this Thread

The Rational Trader trading room/ system

  #1 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617

The Rational Trader

I stumbled across Shane Handy at an Infinity Futures webinar a couple of weeks ago which caught my eye. There was not sell this, buy that, vote for me and I'll set you free BS - straight up from the get go. (IMO most promo's tend to be a zero.)

That prompted me to attend a four hour (it went five) webinar put on by Shane the following Saturday morning, damn good stuff. To view a recording of that webinar go to the website, bottom of the page.

Ok, what's up with that, 2/ 2.

Then I took advantage of his seven day trial for seven US clams, again that dog will hunt.

On to the what he does/ trade room.

Shane primarily trades /CL (a rarity in just that) with a few custom indicators which he provides with your monthly subscription (I don't know if they are included with the trial package, never tried to download them.) The charting software is Sierra Chart and SC numbers bars - which is the bread and butter of the system.

The overall base/ underlying/ premise is order flow (price action) coupled with pointed rules for entering trades and NOT entering trades.

I know enough about tape reading, price action, distribution and accumulation to make me dangerous, but Shane put order flow in terms that I could understand, grasp, get my head around - that of which helped me with other esteemed folks here at futures.io (formerly BMT), yadda yadda.

The only drawback I found was the live trading room is open from roughly 0830amET to 12noon.

All in all I believe it's worth your time for at least a seven day trial and/ or signing up for his FREE daily videos especially if you trade /CL.

Mr. Handy runs a very professional, rule based, no bullshit trading room.

Visit his website, make your own decision.

Cheers, ride safe and keep the rubber side down

-Bill_M

Full disclosure: I have NO interest in therationaltrader.com et al.

Follow me on Twitter Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Deepmoney LLM
Elite Quantitative GenAI/LLM
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
Battlestations: Show us your trading desks!
26 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
  #3 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617


If interested there's a webinar tomorrow at 11amET

I don't know if there's a room capacity or not

I would guess there's more info at the website

-Bill_M

Follow me on Twitter Started this thread Reply With Quote
  #4 (permalink)
 noodles 
New York, NY
 
Experience: Advanced
Platform: NinjaTrader, Sierra Chart
Trading: GC,CL, TF
Posts: 2 since Feb 2012
Thanks Given: 5
Thanks Received: 4

You are right....this is the real deal.

I'm a long-time order flow trader and have spent a lot of time training and studying order flow using footprints charts, market profile, delta, etc. and it takes a lot to WOW me. But I was wowed when I recently came across TheRationalTrader. This is a rather unique system based upon a Sierra Charts and TradeStation based set of indicators in which the author has transcribed information from the footprint charts into very readable signals on a price chart. Anyone interested in learning the basic elements of order flow trading and interpreting footprint charts will catapult their learning curve by checking out this site. Shane explains the system clearly and there is no black box mystery here. He explains the algorithmic basis for each of his indicators. If you can master the principles behind his trading system (which he makes easy) then you can master a good understanding of order flow in the markets.

Glad to see others on futures.io (formerly BMT) are discovering it.

Reply With Quote
Thanked by:
  #5 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617

@Big Mike

I'm typing this with thought before seeing the previous post

++++++++++++++++++++++++++++++++++++++++++++

IMHO, perhaps a good web guest?

-Bill_M

Full disclosure: I've no interest in said stuff

Follow me on Twitter Started this thread Reply With Quote
  #6 (permalink)
emini2000
Atlanta GA USA
 
Posts: 285 since Aug 2013
Thanks Given: 70
Thanks Received: 271

An update on this from someone? Anyone use them? Other opinions?

Reply With Quote
  #7 (permalink)
 
vk79's Avatar
 vk79 
Michigan
 
Experience: Intermediate
Platform: Ninjatrader
Trading: NQ
Posts: 158 since Jun 2009
Thanks Given: 265
Thanks Received: 85

I have seen many trading rooms, educators etc full of deception, dishonesty over the years. After taking a trial, I am impressed with the way in which Mr. Shane teaches and trades everyday in his trading room.
The only reason I still haven't made up my mind is as I am addicted to Ninjatrader but Shane uses Sierracharts with his custom indicators.
Check out his Daily videos.

Reply With Quote
Thanked by:
  #8 (permalink)
emini2000
Atlanta GA USA
 
Posts: 285 since Aug 2013
Thanks Given: 70
Thanks Received: 271


vk79 View Post
I have seen many trading rooms, educators etc full of deception, dishonesty over the years. After taking a trial, I am impressed with the way in which Mr. Shane teaches and trades everyday in his trading room.
The only reason I still haven't made up my mind is as I am addicted to Ninjatrader but Shane uses Sierracharts with his custom indicators.

Check out his Daily videos.

I'm taking the trial now, and I have to agree with you and noodle's assessment. Shows his DOM, nothing hidden; trading NQ, QM and CL (although he is simming CL for now but trading the other two live). Doesn't charge extra for the indicators; is very knowledgable and a good profitable trader. All the info he provides about how to become a successful trader is very good also. And you can't beat $95 a month for the room. I'm very impressed. Obviously I am following him simming, but he was very profitable on Thursday and profitable today. I've simmed $630 in 'profit' the past two days (Thurs and Mon). And I've been trading a conservative approach taking smaller targets then he has. So far so good.

Reply With Quote
  #9 (permalink)
 coolriverjoe 
Gallup NM USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Treasuries, Emini ES
Posts: 17 since Sep 2014
Thanks Given: 0
Thanks Received: 18

I have been a member of Shane's room since the first of the year. Shane is very good with his ideas and principles of order flow but he does not know how to implement them in his trading. I believe all the rules that he tries to implement hinder his trading. I have taken every single CL trade that he has since January 27, 2015. I have taken a screen shot of the results. These are true trades live not SIM.


Reply With Quote
  #10 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090



coolriverjoe View Post
I have been a member of Shane's room since the first of the year. Shane is very good with his ideas and principles of order flow but he does not know how to implement them in his trading. I believe all the rules that he tries to implement hinder his trading. I have taken every single CL trade that he has since January 27, 2015. I have taken a screen shot of the results. These are true trades live not SIM.

..

here we always stretch find a style that works for you and other's method may not be suitable for you at all. That being said 4 months and only -600ish loss not bad, not bad at all.

Reply With Quote




Last Updated on September 8, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts