NexusFi: Find Your Edge


Home Menu

 





Vinny E-Mini & Algobox Review TRADE ROOM


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Analytic with 120 posts (162 thanks)
    2. looks_two bobwest with 56 posts (241 thanks)
    3. looks_3 goodoboy with 45 posts (19 thanks)
    4. looks_4 Big Mike with 26 posts (129 thanks)
      Best Posters
    1. looks_one Neo1 with 8.8 thanks per post
    2. looks_two Big Mike with 5 thanks per post
    3. looks_3 bobwest with 4.3 thanks per post
    4. looks_4 Analytic with 1.4 thanks per post
    1. trending_up 175,643 views
    2. thumb_up 1,244 thanks given
    3. group 96 followers
    1. forum 474 posts
    2. attach_file 152 attachments




 
Search this Thread

Vinny E-Mini & Algobox Review TRADE ROOM

  #1 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531

Before you read any further, I'd just like to say that I have no association with this particular trade room, apart from tuning in every day for FREE as a community member. I've also been around long enough and spent enough time in trade rooms to know the good from the bad. I generally dislike vendors and trade rooms.

IMO this trade room is something special, I've never really seen anything like it. Best of all it's free for anyone. No sign ups or "free trials" just free live streaming every day from 8:45am EST via Youtube's new beta streaming service( there's actually a small delay due to Youtube encoding)

The guy who runs it( Vinny) would be one of the best discretionary traders I've seen , he also shares and educates you on all his discretionary strategies in real time, while he's trading . On top of that he runs automated strategies( or bots) that run almost 24/5. He codes everything himself, does daily performance reviews/ optimizes daily and runs it all through Ninja Trader.( These are proprietary and not shared if you want the bots real-time alerts you have to pay for them- I've got no idea the costing here, it's not something I have considered)

What I like is that he doesn't mislead newbie traders down some BS path. He is a firm believer that it takes most people 10,000 hours of screen time before they really become successful( The same applies to any field). He also recommends that starting capital to trade ES should be 25k, with minimum of 8-10k

The room is full of genuine wisdom & funny quirks, along with all the NERD(Never Ending Radical Dude) stuff you would expect from a coder sitting in front of 6 monitors- Sometimes while in a frustrating trade he will take a breather and start playing Battlefield

The target for the room is $1,000,000 p/a, with daily targets of 4k, trading up to 80 contracts with a max draw drawdown of 15k per day( 5% of his account).

I've seen max drawdown get hit around FOMC( I think it's happened once this year), I've also seen him make 14k in a day, last Thursday-


Some of you regulars/ or ES traders should check out the room one day and see what you think @Inletcap @BarfMcGee @puma @Okina @michaelleemoore @steve2222

Link to live room ->[yt]https://www.youtube.com/c/VinnyEMini/live[/yt]

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Request for MACD with option to use different MAs for fa …
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
Battlestations: Show us your trading desks!
43 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks

  #3 (permalink)
 
michaelleemoore's Avatar
 michaelleemoore 
Missoula, MT Nɫʔay(ccstm)
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: NinjaTrader
Trading: CL, ES
Posts: 3,436 since Nov 2012
Thanks Given: 5,552
Thanks Received: 12,328



Neo1 View Post
Before you read any further, I'd just like to say that I have no association with this particular trade room, apart from tuning in every day for FREE as a community member. I've also been around long enough and spent enough time in trade rooms to know the good from the bad. I generally dislike vendors and trade rooms.

IMO this trade room is something special, I've never really seen anything like it. Best of all it's free for anyone. No sign ups or "free trials" just free live streaming every day from 8:45am EST via Youtube's new beta streaming service( there's actually a small delay due to Youtube encoding)

The guy who runs it( Vinny) would be one of the best discretionary traders I've seen , he also shares and educates you on all his discretionary strategies in real time, while he's trading . On top of that he runs automated strategies( or bots) that run almost 24/5. He codes everything himself, does daily performance reviews/ optimizes daily and runs it all through Ninja Trader.( These are proprietary and not shared if you want the bots real-time alerts you have to pay for them- I've got no idea the costing here, it's not something I have considered)

What I like is that he doesn't mislead newbie traders down some BS path. He is a firm believer that it takes most people 10,000 hours of screen time before they really become successful( The same applies to any field). He also recommends that starting capital to trade ES should be 25k, with minimum of 8-10k

The room is full of genuine wisdom & funny quirks, along with all the NERD(Never Ending Radical Dude) stuff you would expect from a coder sitting in front of 6 monitors- Sometimes while in a frustrating trade he will take a breather and start playing Battlefield

The target for the room is $1,000,000 p/a, with daily targets of 4k, trading up to 80 contracts with a max draw drawdown of 15k per day( 5% of his account).

I've seen max drawdown get hit around FOMC( I think it's happened once this year), I've also seen him make 14k in a day, last Thursday-


Some of you regulars/ or ES traders should check out the room one day and see what you think @Inletcap @BarfMcGee @puma @Okina @michaelleemoore @steve2222

Link to live room ->[yt]https://www.youtube.com/c/VinnyEMini/live[/yt]

@Neo1 so the room is on youtube and is not a web site? Thanks for the heads up. Not really looking for more things to distract, but never averse to learning something new. Will check it when as the day permits.

mlm

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
The following 5 users say Thank You to michaelleemoore for this post:
  #4 (permalink)
Rory
 
Posts: 2,743 since May 2014
Thanks Given: 5,444
Thanks Received: 8,140

Interesting thank you @Neo1 . A lot of parallels with my own setup and the whole bot in parallel thing of course. He mentioned moving to a paid service and getting off YouTube so I guess this is the taster phase.

Often one wonders why bother with the added revenue stream but its not always just money motivating the younger guys. The hot trading groupies are of course reward unto themselves haha.

Reply With Quote
  #5 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540


Rory View Post

Often one wonders why bother with the added revenue stream but its not always just money motivating the younger guys. The hot trading groupies are of course reward unto themselves haha.

Exactly my thought as well - why does this guy run a trade room if he is making that much money - I mean why would you bother

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Reply With Quote
The following 6 users say Thank You to steve2222 for this post:
  #6 (permalink)
Rory
 
Posts: 2,743 since May 2014
Thanks Given: 5,444
Thanks Received: 8,140


steve2222 View Post
Exactly my thought as well - why does this guy run a trade room if he is making that much money - I mean why would you bother

Well being more through I was only half joking about the younger guy's motivation.

I know a ~30 ish guy (now) who started a school with some friends and they built up a reputation and influence over hundreds of students. A small fund was born and an in-house team of contract traders launched (students and others).

Student who could not trade successfully but had money to invest and trusted the 'master traders' (or the bot systems) invested money I expect. Emotionally attractive when you know the trading system/people but lack the talent. Can't say if totally straight or dodgy as somewhere in between I guess, its business.

He has however (I have little doubt of this) seen very many countries now for free. Traders invite/pay him him to stay with them, they get a little 'master' advice and he sees the place guided by a local (much better than being a typical tourist).

Then there is the value of the brand. Of course guys like that who don't really have 'a number' or have a really big one do real-estate or anything that makes money in parallel.

And the trading groupie chicks of course.

Reply With Quote
  #7 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531


michaelleemoore View Post
@Neo1 so the room is on youtube and is not a web site? Thanks for the heads up. Not really looking for more things to distract, but never averse to learning something new. Will check it when as the day permits.

mlm

Yeah it's all for free on Youtube, they now run a live streaming service( it's in beta).

I haven't been listening much in the mornings since I'm busy with my own trading. If you get the chance it's probably best to check it out after 2pm EST (Vinny doesn't usually start his discretionary trading until around 2pm EST), he lets his bots trade in the morning, and gets a feel for how the market is moving based on their decisions. Since he's done nothing all day, he comes in "mentally" fresh around 2pm, when other traders are starting to tire out.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Started this thread Reply With Quote
The following 4 users say Thank You to Neo1 for this post:
  #8 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531


Rory View Post
Interesting thank you @Neo1 . A lot of parallels with my own setup and the whole bot in parallel thing of course. He mentioned moving to a paid service and getting off YouTube so I guess this is the taster phase.

Often one wonders why bother with the added revenue stream but its not always just money motivating the younger guys. The hot trading groupies are of course reward unto themselves haha.

Yeah, I'm not sure what his future plans are( I'm not sure if he even knows!). The youtube stream can be 30s delayed at times, and I guess people like to try and piggyback his trades, so he's getting requests for a low latency stream.

I think one of his ideas was to build up a community of traders who code, he tries to focus alot around creating your own "robotic" strategy, as opposed to piggybacking his.

haha I guess some traders just like showing off aswell. At the end of the day, trading can also be pretty boring, and after awhile making money every day sitting in front of a screen is not as rewarding as it once seemed.

All I can say is check the room out and see for yourself, it's a different/fun experience.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Started this thread Reply With Quote
The following 5 users say Thank You to Neo1 for this post:
  #9 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Also in a video I see he has charts from School of Trade and uses similar method of either 61.8 or 78.6 for entry

Wondering if he is the student of JJ and if there are any association with JJ

Whatever his intentions and motivation is he knows but he is trying to educate and help other traders

Sharmas

Visit my NexusFi Trade Journal Reply With Quote
The following 5 users say Thank You to sharmas for this post:
  #10 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531



sharmas View Post
Also in a video I see he has charts from School of Trade and uses similar method of either 61.8 or 78.6 for entry

Wondering if he is the student of JJ and if there are any association with JJ

Whatever his intentions and motivation is he knows but he is trying to educate and help other traders

Sharmas

Possibly? I've really got no idea.

He trades ABCD measured moves off 618s and 786s, which is basically a Gartley pattern( Although I have never heard any reference to Gartley). He also uses longer term wedge based formations to determine potentially reversal points.

It's all very well trading abcxyz786s etc, however, what's interesting is the way he executes/managers & profits from trades. He will successfully add/scale/flip and make decisions on the fly based on intuition, all the things that you can't really teach and have to learn for yourself. This gives his room some unique value and one of the reasons I gave it a mention in here.

Also, where else are you going to live stream some futures trader shooting from 1mil p/a, commentating you through all his trades, for free?

*At the end of the day I'm just some random dude who was fortunate enough to stumble upon it. The main focus is supposed to be around building a community of traders and coders, the discretionary trading is just a part of it.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Started this thread Reply With Quote
The following 8 users say Thank You to Neo1 for this post:





Last Updated on February 15, 2024


© 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