NexusFi: Find Your Edge


Home Menu

 





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


Discussion in Trading Reviews and Vendors

Updated
      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 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 164,245 views
    2. thumb_up 575 thanks given
    3. group 56 followers
    1. forum 402 posts
    2. attach_file 23 attachments




 
Search this Thread

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

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


DionysusToast View Post
When I read something like this, it really makes me sad....

Partly because people still put their faith in mathematical derivatives of price as opposed to understanding market dynamics.

Partly because when I say this, I will be branded a negative a$$hole by saying so.

@DionysusToast

on the contrary, you are at the very least at the 90th percentile, any one who is able to comprehend and declare....

....people still put their faith in mathematical derivatives of price as opposed to understanding market dynamics....

shows tremendous depth and understanding of just how the price action and market work in unison and at the same time dependent on one another.

you are way ahead of many of us here. but i am just a practically senile member.... LOL what do i really know.... LOL

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Better Renko Gaps
The Elite Circle
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
Exit Strategy
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
  #362 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
Posts: 60 since Jul 2011
Thanks Given: 0
Thanks Received: 23


nakachalet View Post
@DionysusToast

on the contrary, you are at the very least at the 90th percentile, any one who is able to comprehend and declare....

....people still put their faith in mathematical derivatives of price as opposed to understanding market dynamics....

shows tremendous depth and understanding of just how the price action and market work in unison and at the same time dependent on one another.

you are way ahead of many of us here. but i am just a practically senile member.... LOL what do i really know.... LOL


Dionysis, do you have some verified 3rd party results? No spreadsheets of demo results, please. :-)

Reply With Quote
  #363 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
Posts: 60 since Jul 2011
Thanks Given: 0
Thanks Received: 23



Daytrader50 View Post
.....and in the wrong hands,Sunil(like mine) they can be devastating. Now I use them visually to tell when SOMETHING IS OVERBOUGHT OR OVERSOLD AND THEY AS i EXPLAINED WORK BETTER FOR ME THAN any RSI or Stochastic could ever do. But......when I based my decision to "buy" when price crosses an average....Its not possible....but I lose 75-82% of my trades!!! Documented this for 6 months. I always thought, if price in a high volume instrument is over the 8sma and the 8sma is over the 20sma, this is very big money moving it, not typical grandmas 401k. I have watched price cross my moving average from the bottom of a daily chart to the middle. the top, anywhere that moving average is. Naturally if it gets there too fast I saw you were playing with fire as buyers tend to dry up, but....what happens when you move out of a base or a choppy period where it doesnt take much energy(money) to get over that 8? The result is still not mathematically profitable! To be honest, this one fact alone, destroys the relevancy of 75% of trading systems out there, whether from a book, for sale on the Internet or we made it up. Very sad. In fact, the turtles made hundreds of millions with a moving average system that you can buy for like 1500-2000 bucks on the internet. Why? It stopped working. Thats another thread I gotta start soon. Are the people highlighted in the book Market Wizards, are their trading methods still working today 20 years or so later? I invite anyone to start that puppy up! -)

daytrader50, if you are losing that many trades, you must be reacting to the candles. I hope you are using a demo account. If I had a loss rate that high, I would just program my computer to do the opposite of whatever you input. Then you would go to 80% winning rate

Reply With Quote
  #364 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393


acbrasil View Post
Dionysis, do you have some verified 3rd party results? No spreadsheets of demo results, please. :-)

You lost me there?

You mean do I have verified results of a 3rd party trader?

Or are you looking for my own trading income? If the latter, no I don't. I don't train traders or operate a trading room either. To be honest, I'd rather give post a pic of me naked than make it public what I earn.

Visit my NexusFi Trade Journal Reply With Quote
  #365 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
Posts: 60 since Jul 2011
Thanks Given: 0
Thanks Received: 23


DionysusToast View Post
You lost me there?

You mean do I have verified results of a 3rd party trader?

Or are you looking for my own trading income? If the latter, no I don't. I don't train traders or operate a trading room either. To be honest, I'd rather give post a pic of me naked than make it public what I earn.

I've been saying this the entire time: "Vendors should have some 3rd party verified results". It says vendor under your name. What I'm talking about is something like this:

(this site works best with Firefox; with Chrome it doesn't load right..)
winsor's Profile | Myfxbook
^^ That's not me-- just the first result in google.

or like these: check out these returns and drawdown statistics:
Trading Systems | Myfxbook

These type of "trackers" work in 2 ways, either you give them the investor password to your account or you use a plug-in. These are not after-the-fact spreadsheets that can be fudged. This is the real deal, and my suspicion to why vendors DON'T use something to prove their results. If you choose to use something like this, it's 100% customizable: you can opt to hide account balances and only show return, etc.. there are lots of options. Someone doesn't have to see your income, just your trade history or monthly return. You choose. But it cannot be manipulated.

The only way a vendor can fudge something like this is if they blow an account, and then try to set up a new account really quickly, usually accompanied with a "change in strategy". BUT you've bookmarked it. Then you can go back and see that it was blown and the vendor isn't worth used toilet paper. I've busted a couple guys doing this, but since I'm the "live and let live" kind of person, I don't make it my life's quest to tell the whole world like I have seen some people do.

I don't think they integrate very easily with Dukas (my broker). I'll probably set up a MT4 account someplace else this week so I can put this tracker in my signature here. I really think that everyone who is thinking about contracting a vendor should seriously see something like this before paying anything.

Reply With Quote
  #366 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
Posts: 60 since Jul 2011
Thanks Given: 0
Thanks Received: 23

I said that forexmagnates is no longer tracking this information. Correction: they really are.
Q2 2012: profitability of forex traders keeps dropping, OANDA back on top | Forex Magnates

It's interesting to see how Interactive Brokers is actually the highest.

Reply With Quote
  #367 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


DionysusToast View Post
You lost me there?

You mean do I have verified results of a 3rd party trader?

Or are you looking for my own trading income? If the latter, no I don't. I don't train traders or operate a trading room either. To be honest, I'd rather give post a pic of me naked than make it public what I earn.

....Or are you looking for my own trading income? If the latter, no I don't. ....

I don't train traders or operate a trading room either. *

To be honest, I'd rather give post a pic of me naked*


Reply With Quote
  #368 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393


acbrasil View Post
I've been saying this the entire time: "Vendors should have some 3rd party verified results". It says vendor under your name. .

NinjaTrader are vendors - would you ask for their account statements before buying their software?
Tradervue sells software for trade journalling - would you need an account statement before buying their software?

In my case, I sell software that has a refund policy - try it, if you don't like it, ask for your $$$ back. As such, I don't see why I personally need to publish my earnings.

I think the necessity for statements depends on what you are selling.

Visit my NexusFi Trade Journal Reply With Quote
  #369 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393


nakachalet View Post
....Or are you looking for my own trading income? If the latter, no I don't. ....

I don't train traders or operate a trading room either. *

To be honest, I'd rather give post a pic of me naked*



PM Sent....

Visit my NexusFi Trade Journal Reply With Quote
  #370 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
Posts: 60 since Jul 2011
Thanks Given: 0
Thanks Received: 23



DionysusToast View Post
NinjaTrader are vendors - would you ask for their account statements before buying their software?
Tradervue sells software for trade journalling - would you need an account statement before buying their software?

In my case, I sell software that has a refund policy - try it, if you don't like it, ask for your $$$ back. As such, I don't see why I personally need to publish my earnings.

I think the necessity for statements depends on what you are selling.

Actually if you sell indicators, back and forward tests are good. Anything that actually claims to actually enhance performace should be able to show it.

Just my 2cents.

Reply With Quote




Last Updated on May 2, 2022


© 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