Not sure how you can say he is doing well. I watched part of one movie and he is using market replay data, so he already knows what the day was like. Anyone can excel if they know ahead of time where to enter and exit.
So you believe that He is already aware of the results when He does these movies ? I hope that is not the case.
He one on best mentors and he claims he has trained several students to successfully do day trading.
The charges around $5,000 for the training . Anyway I found interesting his peeling strategy. I tried to re do his indicators and sim trades his approach. Works well on the 3 minutes chart . There is good percentage of winners although the losers tend to wipe out the gains. Not sure how He pulls off so many winners however and maybe I am not handling the losses correctly.
Thanks for your reply. Understand that you are skeptical about this method as He is using replayed data.
However it is not easy to find a good method. Being an elite member what day trading method would you recommend in this forum ? FYI I have not signed on with them. the Instructor actually refused to accept me as an student when I asked about a guarantee. He got upset and then in a later emails said I have a deafitist attitude and He only accepted positive students. . So go figure !
...trading that many contracts is crazy...Not sure what he is trying to show by trading over 100 contracts in sim/replay mode. The system look interesting and very do-able to put together... Many sharp minds here at BM's
Does anyone know how to combine different time frames on to one chart? Thanks
This process started with 3 contracts and after every $1,000 in profits he increased one contract . So He has grown this sim account very well. Read his earlier posts . However all this was done in replay mode. I did find the Peeling strategy very interesting. ( Taking the first target at 3 ticks ) However the stop loss is not very clear I guess it is the Parabolic Sar indicator. Let me know if anyone is up to recreate this template. It is ninjatrader.
ROFL. That is a riot. You could make any rule you liked, and make it work, if you use replay data. One of the things I work with is a simple approach using Hull Moving Averages. Do a search on Hull. There is a thread on it.