Has anyone ever heard of Felton Trading? (www.feltontrading.com) - futures io
futures io futures trading



Has anyone ever heard of Felton Trading? (www.feltontrading.com)


Discussion in Trading Reviews and Vendors

Updated by Cloudy
      Top Posters
    1. looks_one nakachalet with 43 posts (23 thanks)
    2. looks_two rogerf with 40 posts (149 thanks)
    3. looks_3 acbrasil with 25 posts (10 thanks)
    4. looks_4 monpere with 24 posts (63 thanks)
      Best Posters
    1. looks_one rogerf with 3.7 thanks per post
    2. looks_two Big Mike with 3.0 thanks per post
    3. looks_3 Jeff Castille with 2.8 thanks per post
    4. looks_4 monpere with 2.6 thanks per post
    1. trending_up 115,507 views
    2. thumb_up 574 thanks given
    3. group 57 followers
    1. forum 401 replies
    2. attach_file 23 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
 

Has anyone ever heard of Felton Trading? (www.feltontrading.com)

(login for full post details)
  #241 (permalink)
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011


TheSeeker View Post
My problem with scalping for 5 ticks is that the reward to risk will be usually lower than 1. You'll need a high win rate to overcome the poorer R:R.

@TheSeeker--to be successful and profitable, traders need to think and to work out problems for themselves as an individuals, agree?

are you quite certain that what you stated is always the fact and nothing but the fact, pls?

My problem with scalping for 5 ticks is that the reward to risk will be usually lower than 1.

just how did you arrive at that conclusion, pls?

remember, as traders we absolutely need to think for ourselves, correct?

you know, there are several on board here who would get out of a trade that lingers too long or heads to the opposite direction than what their setups predict, at 2 or 3 tics loss....? and be perfectly content with that losing trade too.

now, there are also many who setup their would be expected losing trades with similar risk control as follows:

stop loss 5; profit target 5, 50; profit trigger 6 -->5, breakeven +5....

this setup would invalidate what many have had learned in terms of risk/reward ratio.

particularly when traders are able to bail out at 2 or 3 tics loss, as their setups and strategies are being proven wrong by the volatile market; then, the r/r ratio would surely be more like 1 to 2 or better, won't you agree?

@TheSeeker, am not picking on you, ok? sincerely hope you won't feel that way, alright? your posts would help many of those learning to trade profitably and consistently to better think for themselves and do their own math for their own trading requirements and setups. thx much for your posts, theseeker, affording me an opportunity to respond--which might differ significantly from many other prolific traders here.... as well....

my apology for being long winded and babbling on and on. have a safe and wonderful weekend everyone.

Reply With Quote

Can you help answer these questions
from other members on futures io?
Delta PVP ( POC )
MultiCharts
fibonacci retracements settings not saved in investing
Traders Hideout
Tick based Renko bars for Ninjatrader ?
NinjaTrader
Indicator Conversion
Sierra Chart
Can Tradingviews Drawing tool create limit order
Platforms and Indicators
 
 
(login for full post details)
  #242 (permalink)
Germany
 
Experience: Intermediate
Platform: MT4, StrategyRunner
Trading: ES,EUR/USD,Oil
 
TheSeeker's Avatar
 
Posts: 123 since Dec 2010
Thanks: 68 given, 68 received

Nakachalet, I respect everyone's opinions. There are many different ways to trade.

My goal in trading was to find a method that enables me to have both a high win rate and a high reward to risk ratio. I believe I have acomplished this but being curious, I always like to learn new tricks.

Reply With Quote
The following user says Thank You to TheSeeker for this post:
 
(login for full post details)
  #243 (permalink)
Victoria, TX
 
Experience: Master
Platform: NinjaTrader
Broker: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Trading: 6E, CL, GC
 
rogerf's Avatar
 
Posts: 132 since Apr 2010



TheSeeker View Post
Nakachalet, I respect everyone's opinions. There are many different ways to trade.

My goal in trading was to find a method that enables me to have both a high win rate and a high reward to risk ratio. I believe I have acomplished this but being curious, I always like to learn new tricks.

That's a very encouraging post indeed and congratulations are in order. Most traders who were enjoying both a high R-R ratio AND a high win rate wouldn't be looking around for anything that might mess that up. Obviously, you are now making an incredible amount of money consistently so my advice would be to NOT CHANGE ANYTHING.

To find both consistently high R-R and high WR is like hitting the lottery and winning the Golden Goose. Unless it breaks, don't try to fix it. With all their money and unlimited resources, even the biggest banks and institutions do not have what you have. You either are, or will be, one of the richest people on planet Earth. Congratulations again to The Seeker! You might even consider changing your name to The FoundIt. I look forward to reading about you in Forbes magazine, perhaps...good job!

Reply With Quote
 
(login for full post details)
  #244 (permalink)
Germany
 
Experience: Intermediate
Platform: MT4, StrategyRunner
Trading: ES,EUR/USD,Oil
 
TheSeeker's Avatar
 
Posts: 123 since Dec 2010
Thanks: 68 given, 68 received

Roger, I'm not making millions and probably never will be. Im just saying that I believe I can trade with a reward/risk that is higher than 1 and with a win rate of around 70 %.

Some believe that you cannot have both, I believe that these two parameters are not necessarily mutually exclusive.

Reply With Quote
 
(login for full post details)
  #245 (permalink)
Victoria, TX
 
Experience: Master
Platform: NinjaTrader
Broker: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Trading: 6E, CL, GC
 
rogerf's Avatar
 
Posts: 132 since Apr 2010


TheSeeker View Post
Roger, I'm not making millions and probably never will be. Im just saying that I believe I can trade with a reward/risk that is higher than 1 and with a win rate of around 70 %.

Some believe that you cannot have both, I believe that these two parameters are not necessarily mutually exclusive.

There's an old saying, "What you can conceive and believe, you can achieve". Believing is the operative word so keep the faith and hang in there.

Reply With Quote
 
(login for full post details)
  #246 (permalink)
MIAMI,FL
 
Experience: Advanced
Platform: NinjaTrader
Broker: Private
Trading: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,901 received

when are we going to have another felton webinar???sharky

KILLING THE MARKETS DAILY
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #247 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,332 received


rogerf View Post
There's an old saying, "What you can conceive and believe, you can achieve". Believing is the operative word so keep the faith and hang in there.

But there are dreams that cannot be
And there are storms we cannot weather


Les Miserables ~I Dreamed a Dream Lyrics

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
(login for full post details)
  #248 (permalink)
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
 
MWinfrey's Avatar
 
Posts: 1,880 since Jul 2009
Thanks: 1,450 given, 3,325 received

I just noticed that Roger Felton's membership was revoked. That's a shock. I've read Roger's posts for quite some time and never seen him be anything less than respectful. I've seen times when a bit of sarcasm snuck in but certainly not anything bad. Also, his webinars were very informative.

I've participated in his chat room several times to see what it's all about especially with all the favorable comments I've seen in this thread. Most recently, the last 2 weeks in his chat room I saw him and Clint trading (in sim) and winning. There was one day when Roger had profit when he started moderating but I believe was negative by the time Clint took over. That is the only time in the 2 weeks that either of them lost during the time they were moderating. I'm at the point of becoming a Felton Trading member and then I saw this revocation so now am a bit shocked and wondering what happened.

I know I'll never find out what happened but thought I'd post anyway.

Reply With Quote
The following 2 users say Thank You to MWinfrey for this post:
 
(login for full post details)
  #249 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,301 received


TheSeeker View Post
Roger, I'm not making millions and probably never will be. Im just saying that I believe I can trade with a reward/risk that is higher than 1 and with a win rate of around 70 %.

Some believe that you cannot have both, I believe that these two parameters are not necessarily mutually exclusive.

Fear not.

It's just because they have their grail deflector set too high.

Tell them you only get 1 trade a week & they'll be fine....

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #250 (permalink)
Massachusetts, USA
 
Experience: Beginner
Platform: Ninja
 
Posts: 30 since Jun 2009
Thanks: 54 given, 7 received


What did happen to cause Roger to be banned?

Reply With Quote
The following user says Thank You to jimbob42 for this post:


futures io Trading Community Trading Reviews and Vendors > Has anyone ever heard of Felton Trading? (www.feltontrading.com)


July 1, 2019


Upcoming Webinars and Events
 

New Bookmap Indicators and Trading Services

Dec 3
 

Battlestations!

January
     



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