Anyone use Daytradetowin? - futures io
futures io futures trading



Anyone use Daytradetowin?


Discussion in Trading Reviews and Vendors

Updated by dk27
      Top Posters
    1. looks_one Dragon with 7 posts (1 thanks)
    2. looks_two cecooper with 4 posts (0 thanks)
    3. looks_3 cory with 3 posts (5 thanks)
    4. looks_4 fish21 with 3 posts (0 thanks)
      Best Posters
    1. looks_one Fat Tails with 9.0 thanks per post
    2. looks_two vovan348 with 6.0 thanks per post
    3. looks_3 richsan with 3.0 thanks per post
    4. looks_4 cory with 1.7 thanks per post
    1. trending_up 35,241 views
    2. thumb_up 37 thanks given
    3. group 20 followers
    1. forum 40 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Anyone use Daytradetowin?

(login for full post details)
  #21 (permalink)
Dallas TX/USA
 
 
Posts: 154 since Jun 2009
Thanks: 33 given, 283 received


Boonja View Post
I couldn't figure out why at the end of Sept I had 6 losing trades and only 3 winners.

I have no opinion of this particular method, but this part is important in a general sense. You can't figure it out any more than you can figure out why a coin will come up tails 6 times in a row sometimes. In some sense, that's what random means: you can't figure it out.

Whenever theoretical probability and reality come face to face, reality kicks theory in the nuts and runs away laughing. If the theoretical number is correct, then over time you can expect to converge on it with diminishing variance. In any short run, though, you can have incredibly painful "anomalies" (just like flipping a coin). And that's with any method, free, paid-for, or otherwise.

So, when you have a trading idea that you expect to work with high probability, you simply can't be swayed by small strings of results. Even with the coin toss, after a couple hundred trials, you can have 60% tails. It doesn't mean the coin is bad.

By the same token, you can look at a short run of results and it will look phenomenally good (like if you get heads 9 times out of 10). This is how you can advertise a worthless indicator without much trouble... you just show people the good runs and let them assume the rest. But it's also one of the reasons why supposedly "smart" backtesters fall down. If you consider the relatively small amount of data most retailers have available to backtest with, the average underdog backtesting trader is screwed before he/she starts. And they usually blame curve fitting! LOL

(not that curve fitting isn't another big problem)

Reply With Quote
The following 2 users say Thank You to Richard for this post:

Can you help answer these questions
from other members on futures io?
Move indicator on Chart
NinjaTrader
Heat Map on Trendspider
Platforms and Indicators
US OTCQB STOCK Brooker for UK BASED RESIDENT
Brokers
Can anyone help convert this pine script to c# or vb?
MultiCharts
Time Specific Volume Bars for Market Hours? Thinkorswim
ThinkOrSwim
 
 
(login for full post details)
  #22 (permalink)
Olympia, WA
 
 
Posts: 2 since Jan 2010
Thanks: 1 given, 0 received

Earlier this evening, I had my wallet out in preparation for buying the DayTradeToWin Ebook. I won't be a customer after all, but I am going to research the 'Opening Range Breakout' concept.

Thanks for the heads up...

Monkeypuzzle

Reply With Quote
 
(login for full post details)
  #23 (permalink)
San Jose, Ca
 
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
 
David_R's Avatar
 
Posts: 1,516 since Nov 2009
Thanks: 2,276 given, 2,409 received


I admit that I got suckered into buying the ebook, course, or whatever you want to call it. It is an opening range BO system, but he has modified it for days when price trends real hard and never comes back to the entry. Oddly enough he calls that the "chase the trade" trade. Something I need to not do. I don't trade the method, but did try a few times and made money. Of course its the long haul we need to be concerned about and not 1 or 2 trades or days. The 5 point stop in my opinion is crazy and that alone made me abandon the method. My advice to anyone contemplating buying the ebook or any method for that matter is to not do it. Everything anyone needs is here on futures.io (formerly BMT) and as Mike would say, "With in us".

David

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to David_R for this post:
 
(login for full post details)
  #24 (permalink)
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 258 received

I am not going to chase any trends thanks. If it doesn't pullback, forget it. This is something I have really been working on. I don't care if it moves 100 ticks. No way, not for me.

5 point stop? Really?!? I guess it would have to be that way if you are trading ORB's. Not for me.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #25 (permalink)
NY, NY
 
 
Posts: 9 since May 2010

Without a doubt, I'm at +32 points for this month of May so far using John Paul's ATO method and recently bought the Atlas too.

And obviously I'm not the only one doing well since his forum is full of his students and his webinars are always packed with satisifed traders.

Reply With Quote
 
(login for full post details)
  #26 (permalink)
Indianapolis, IN USA
 
Experience: Advanced
Platform: Ninjatrader TOS Custom
Broker: Several
Trading: ES CL ZB
 
Posts: 374 since Dec 2009
Thanks: 225 given, 380 received

*smile, chuckle*

Reply With Quote
 
(login for full post details)
  #27 (permalink)
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 258 received


zulutrader View Post
Without a doubt, I'm at +32 points for this month of May so far using John Paul's ATO method and recently bought the Atlas too.

And obviously I'm not the only one doing well since his forum is full of his students and his webinars are always packed with satisifed traders.

Start a journal and we will all welcome your progress as you go through this method. One of the coolest ways to evaluate a vendor's product to track your success with it as you trade it's signals in a journal. I would love to be proven wrong.

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Dragon for this post:
 
(login for full post details)
  #28 (permalink)
In the heat
 
Experience: None
Platform: Tradeovate
Trading: Energy
 
PandaWarrior's Avatar
 
Posts: 3,162 since Mar 2010
Thanks: 6,324 given, 13,368 received


Dragon View Post
Start a journal and we will all welcome your progress as you go through this method. One of the coolest ways to evaluate a vendor's product to track your success with it as you trade it's signals in a journal. I would love to be proven wrong.


Well said Dragon....

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
The following user says Thank You to PandaWarrior for this post:
 
(login for full post details)
  #29 (permalink)
Washington Crossing, PA
 
Experience: Beginner
Platform: None
Trading: ES
 
YulinYao's Avatar
 
Posts: 6 since Jun 2010
Thanks: 0 given, 2 received

Would you please tell your setup win and lose %?

You use pre market hour and post market hour together is very interesting. As most people use the first 30 minutes range that would the range of the day for 1/3 chance. If we use first 60 minutes range, the chance as the day range is 60%, anf 80% if we use the first 90 minutes's range.

Reply With Quote
 
(login for full post details)
  #30 (permalink)
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
 
Posts: 598 since Nov 2009
Thanks: 176 given, 120 received


I use OpenRangeBreakOut_SharkyPkg and dont see ES.
is there an updated version that has ES? or do I have wrong OR indicator?

Reply With Quote


futures io Trading Community Trading Reviews and Vendors > Anyone use Daytradetowin?


May 10, 2019


Upcoming Webinars and Events
 

Create an automated bot in 15 minutes w/SharkIndicators

Oct 29
 

Bookmap

Oct TBD
 

Carley Garner

Oct TBD
 

GruttePier

Oct TBD
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts