What is your experience with thetradescalper.com approach?
Welcome to futures io.
(If you already have an account, login at the top of the page)
futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.
We are fundamentally different than most other trading sites:
We are here to help. Just let us know what you need.
We work extremely hard to keep things positive in our community.
We do not tolerate rude behavior, trolling, or vendors advertising in posts.
We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
We expect our members to participate and become a part of the community. Help yourself by helping others.
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.
Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.
Please, NO YELLING. When you use caps on the internet it is considered YELLING.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
This post has been selected as an answer to the original posters question
It really looks like an expensive scam.
But unlike others in this lucrative branch, the design of his website is not bad.
Unfortunatly, it still a scam, give your money to the Red Cross, it's a better idea .
If someone have something as good as he says/writes, why renting/selling it ?
This post has been selected as an answer to the original posters question
This is the setup:
He just uses a 1 min chart without indicators. After an expansion bar he waits for price to retrace a little further than the midline of that expansion bar. Then he enters in the direction of the prior trend. This is a with-trend setup. It assumes that the retracement was triggered by profit taking and that the original trend will resume. I do not know if any additional filters are used.
For ES the target is 3 ticks, the stop loss is 6 ticks. So your profit would be 3 ticks minus transaction cost (USD 4.00 per round turn) , the loss 6 ticks plus transaction cost.
Profit per contract and trade : USD 33.50
Loss per contract and trade : USD 91.50 (including 1 tick slippage)
So you would need a success rate of 73% just to break-even. No errors allowed.
I do not think that this is a special opportunity and I would not pay for that advice, but try to develop a setup myself.
The following 4 users say Thank You to Fat Tails for this post: