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NexGen indicators and review (www.nexgent3.com)


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NexGen indicators and review (www.nexgent3.com)

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  #161 (permalink)
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Ninja Trader, Nexgen T-3 Fibs Pro Trader (Love Them!)
Broker: AMP/CQG & Kinetic
Trading: CL
 
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Posts: 69 since Jun 2010
Thanks: 130 given, 75 received


supermht View Post
first chart shows some purely indicator entry, such as sts. during perfect range market, the 80, 20 things might work,
but the market has different look everyday. and I saw you took profit too soon, that is a loosing strategy for long run.
Entry based on KD cross is too lagging, I didn't buy Nexgen, but from the setup you posted, I really haven't found any valuable things of Nexgen.

Well, I guess you must be making over 360 tics each day, then, if this wasn't good enough for you.
The beauty of Technical Analysis is that THE PRICE BARS TELL THE TRUTH. You aren't looking at cooked books from some earnings report or forcast. This beauty is in the eye of the beholder and you see things different than I do. If he price bars don't lie then THE TRUTH IS IN THE CHARTS. If a line on the chart crosses a line ,then it happened. There is no argument about that. Back testing should limit discretion. On my back test I tried to be liberal and take action on all Stochastic signals, but only if the upper chart was in agreement. All trades were conducted in and out by specific rules. So, no pofits were taken too soon as you complained. This was not discressionaly. This was a back test. Now, if 360 tics in 12 hours isn't good enough, then what is???????? Remember, the truth is in the charts. If a line crosses, it happened. The strategy in that market at that time gave 360 tics. If you can show a chart where it didn't work, that would be worthy.

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  #162 (permalink)
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Ninja Trader, Nexgen T-3 Fibs Pro Trader (Love Them!)
Broker: AMP/CQG & Kinetic
Trading: CL
 
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Posts: 69 since Jun 2010
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supermht View Post
first chart shows some purely indicator entry, such as sts. during perfect range market, the 80, 20 things might work,
but the market has different look everyday. and I saw you took profit too soon, that is a loosing strategy for long run.
Entry based on KD cross is too lagging, I didn't buy Nexgen, but from the setup you posted, I really haven't found any valuable things of Nexgen.

I drive a Lexus. It is a nice ride and to me, worth the money. I see many traders who did not buy the Nexgen software. It is very expensive, but to me it is worth it. Some people must justify thier decision to use less expensive tools by discounting Nexgen and the value of their method. This can give them peace of mind. I bought the software. I love it. I love my Lexus. You don't have to buy one, but I won't hear you if say my Lexus is not a good ride. All I'm going to hear is "Quack, quack, quack".

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  #163 (permalink)
Naperville IL
 
Experience: Intermediate
Platform: ninjatrader
Broker: NT broker
Trading: NQ ES 6E GC CL
 
Posts: 958 since Feb 2010
Thanks: 1,189 given, 657 received


can't believe you are so funny

Be Cool ! by the way, is Lexus a good car?

Being expensive = the best? in trading, I don't think so. buying expensive software is not the way to making money,
I bought "the best software" , and..... I lost $$$$.
that is my experience, maybe yours is different.

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  #164 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
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Posts: 9,830 since Mar 2010
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Trader Duck View Post
I drive a Lexus. It is a nice ride and to me, worth the money. I see many traders who did not buy the Nexgen software. It is very expensive, but to me it is worth it. Some people must justify thier decision to use less expensive tools by discounting Nexgen and the value of their method. This can give them peace of mind. I bought the software. I love it. I love my Lexus. You don't have to buy one, but I won't hear you if say my Lexus is not a good ride. All I'm going to hear is "Quack, quack, quack".

All the charts you have presented here are a couple of months old. None of them show real trades.

On the other hand I do believe that the Nexgen system can be traded, but it is probably a real headache to do it.

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  #165 (permalink)
NY + NY/USA
 
Experience: Advanced
Platform: Ninja
Broker: Optimus Futures- Rithmic
Trading: CL, 6E
 
Posts: 236 since Nov 2009
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Trader Duck View Post
I drive a Lexus. It is a nice ride and to me, worth the money. I see many traders who did not buy the Nexgen software. It is very expensive, but to me it is worth it. Some people must justify thier decision to use less expensive tools by discounting Nexgen and the value of their method. This can give them peace of mind. I bought the software. I love it. I love my Lexus. You don't have to buy one, but I won't hear you if say my Lexus is not a good ride. All I'm going to hear is "Quack, quack, quack".


From the posts here I surmise you believe you had 'discovered' a way to make the T3 work better than it has for "most of the traders who use Nexgen and are not profitable with them." For myself I have the T3 and have a love/hate relationship with them. Every so often I take them out for a spin and get a couple of good days out of them before I lose a bundle and my mind to endless frustration. I am sure there are others in this forum who may have them and like me, are still beating that Lexus to get it to deliver.
The sim posts and backtesting use are interesting. However, when you do go cash live with the T3 and if you are able to get similar results on a consistent basis, then I would gladly pay you money to show me just how you do it. I posted an essay on this forum about the reality created with cash as opposed to sim trading, and I look forward to your successful real cash trading with the T3 and sharing with me just how you are able to do it. In particular I would be very interested in seeing the real time trade entries and results. When you are ready, and if you are willing, we could meet up and I can watch you trade and maybe learn how to better use them.

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  #166 (permalink)
arizona
 
Experience: Intermediate
Platform: rolling my own
Trading: ES,CL,GC,6E
 
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Posts: 211 since Oct 2009
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Trader Duck View Post
I drive a Lexus. It is a nice ride and to me, worth the money. I see many traders who did not buy the Nexgen software. It is very expensive, but to me it is worth it. Some people must justify thier decision to use less expensive tools by discounting Nexgen and the value of their method. This can give them peace of mind. I bought the software. I love it. I love my Lexus. You don't have to buy one, but I won't hear you if say my Lexus is not a good ride. All I'm going to hear is "Quack, quack, quack".


As I'm sure others have noticed, your posts give the impression that you are a shill for Nexgen. You promoted them on the first day you joined the forum, and have promoted them in all but 2 of your 10 posts. Perhaps you're just a happy customer, but you can see how it looks....

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  #167 (permalink)
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Ninja Trader, Nexgen T-3 Fibs Pro Trader (Love Them!)
Broker: AMP/CQG & Kinetic
Trading: CL
 
Trader Duck's Avatar
 
Posts: 69 since Jun 2010
Thanks: 130 given, 75 received


GoldStandard View Post
As I'm sure others have noticed, your posts give the impression that you are a shill for Nexgen. You promoted them on the first day you joined the forum, and have promoted them in all but 2 of your 10 posts. Perhaps you're just a happy customer, but you can see how it looks....

Thanks for taking the time to read all of my posts. I hope I can put out something of value and get a laugh too.
Yes, I know how it may appear. The reason I stick up for Nexgen is I think they get a bad rap. I've been a client for about 18 months; I'm Paul_A in their chat room. More clients are losing money with their method that winning. It takes a lot of study and it isn't as easy as the salemen tell you. But those who are winning, are winning big and they speak very highly of the Nexgen method. People have a choice: listen to the losers or listen to the winners. I like to hear from the winners and emulate them. There are many trading methods that work. Some are better than others. They all will work if used properly. Yes, there are many ways to travel down the path to wealth. Some drive there in a Yugo, some ride a donkey, but I like my Lexus. Believe me, I test drove a lot of others before making the choice to get Nexgen. I have no buyers remorse, and my journey has been enhanced by the choice I made. Having said that, look at this. I found a new indicator this week that I'm trying out. So far, I'm getting mixed results, but I'm excited about the possibilities.
-Duck-

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  #168 (permalink)
Amherst, New York
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, 6E
 
Posts: 76 since Jun 2010
Thanks: 14 given, 18 received

Can you screen shot a workspace of CL and 6E?

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  #169 (permalink)
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
 
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Posts: 2,547 since Jun 2010
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Trader Duck View Post
Thanks for taking the time to read all of my posts. I hope I can put out something of value and get a laugh too.
Yes, I know how it may appear. The reason I stick up for Nexgen is I think they get a bad rap. I've been a client for about 18 months; I'm Paul_A in their chat room. More clients are losing money with their method that winning. It takes a lot of study and it isn't as easy as the salemen tell you. But those who are winning, are winning big and they speak very highly of the Nexgen method. People have a choice: listen to the losers or listen to the winners. I like to hear from the winners and emulate them. There are many trading methods that work. Some are better than others. They all will work if used properly. Yes, there are many ways to travel down the path to wealth. Some drive there in a Yugo, some ride a donkey, but I like my Lexus. Believe me, I test drove a lot of others before making the choice to get Nexgen. I have no buyers remorse, and my journey has been enhanced by the choice I made. Having said that, look at this. I found a new indicator this week that I'm trying out. So far, I'm getting mixed results, but I'm excited about the possibilities.
-Duck-

Why don't you start a journal or something and show people what it is you are doing and see if there can be better consensus? You seem very passionate about this approach.

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  #170 (permalink)
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Ninja Trader, Nexgen T-3 Fibs Pro Trader (Love Them!)
Broker: AMP/CQG & Kinetic
Trading: CL
 
Trader Duck's Avatar
 
Posts: 69 since Jun 2010
Thanks: 130 given, 75 received



bluemele View Post
Why don't you start a journal or something and show people what it is you are doing and see if there can be better consensus? You seem very passionate about this approach.

Thanks for the post. Others have been so negative that I have decided not to share what I know and what I've been working on. It would be too much of a distraction to have to explain to those who are negative and don't put in the work. Winners are positive. None of my posts have been given any thanks. My critics got thanks, but none for the Duck. So there will be no more posts with charts and my ideas after this. I have put in honestly thousands of hours studying charts and books. I have made discoveries that go beyond what I have been taught. I love doing this kind of chart work and it does help me develop my eye and my understanding. When I get into something, I go all the way. I play chess; I once beat Grandmaster Sergie Kudrin who was ranked among the top 50 chess players in the world. I play classical piano; my teacher won the national piano competition in Russia when he was young. He now takes only the best for his students. I play Bach and Chopin at the highest level. I wrestled in college; I beat Bill Murdock the year he took 1st place in the NCAA tournament at the 191 weight class for the University of Washington. I'm saying that I am a winner. To be a winner you have to be focused and work hard. I am close to being a Master Trader. I suspect that many aren't willing to put in the kind of hard work that I have. Well, I'll just keep it to myself then and leave them to their own discoveries. Here is a chart of Monday's trades that met my new rules. Remember, the truth is in the charts. If you don't know what I know, you wont understand the charts. I use many time frames for confirmation but trade the 220 and had only room for it for the screenshot. The naysayers will tell you that it isn't real. I can't be distracted by them. Winners don't care about the nay sayers. Beware Traders: Follow the winners. Dont listen to the losers.
-Trader Duck-

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