FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything (AMA) - Vendors and Product Reviews | futures.io
futures.io futures trading


FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything (AMA)
Started: by Big Mike Views / Replies:106,356 / 513
Last Reply: Attachments:19

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


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, and we will never resell your private information.

-- Big Mike

Reply
 19  
 
Thread Tools Search this Thread
 

FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything (AMA)

  #371 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,656 since Jun 2009
Thanks: 29,044 given, 80,670 received

Here is the webinar recording:



Please allow two hours for YouTube to finish encoding.

Sorry about the dogs at the last minute of the webinar, a neighbor was honking his horn repeatedly (like 20 times - it's a cultural thing) and my dogs couldn't take it anymore!

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 10 users say Thank You to Big Mike for this post:
 
  #372 (permalink)
Elite Member
Albuquerque, NM
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IQFeed
Favorite Futures: ES
 
Posts: 4 since Jun 2014
Thanks: 1 given, 0 received

You talked today about error tracking being a big differentiator between retail and prop/pro traders. Can you give some examples of errors which when tracked can really help a retail trader like me (who doesn't track any errors and can only guess that you mean more than fat thumb errors)? Does the platform (stage5) help?

Thanks for the fantastic webinars!

Reply With Quote
 
  #373 (permalink)
Elite Member
Melbourne, Victoria, Australia
 
Futures Experience: None
Platform: TWS, NinjaTrader
Broker/Data: numerous
Favorite Futures: index and currency futures, stocks, options, warrants
 
kickmic's Avatar
 
Posts: 263 since May 2011
Thanks: 42 given, 334 received


only 35mins in.... what a $!*&#-king great webinar

FT - you totally nail it when communicating what trading is about. For many of us, it takes friggin years to work that stuff out, so I think you've done a great service to traders of all experience levels

@Big Mike - this webinar should go in the "where do I start" or similar

Reply With Quote
 
  #374 (permalink)
Rristocrat
zurich
 
Futures Experience: Advanced
Platform: Sierra ahRrrr CQG ...
Favorite Futures: Bund, ES, ...
 
puma's Avatar
 
Posts: 962 since Aug 2010
Thanks: 7,257 given, 1,484 received

Some contributors, more than others, make futures.io (formerly BMT) a very unique place for traders.

@FuturesTrader71 is one of them.

Great webinar TY.

Reply With Quote
The following user says Thank You to puma for this post:
 
  #375 (permalink)
Elite Member
Minneapolis, MN
 
Futures Experience: Advanced
Platform: Market Delta, Think or Swim
Broker/Data: CQG
Favorite Futures: ES, NQ, 6E, CL, GOOG, AAPL, AMZN, GS
 
Posts: 21 since Sep 2012
Thanks: 1 given, 10 received

renko

Futures Edge on FIO

Which products do you trade?

 
morad,

Thank you again for the great webinar. You mentioned that you are utilizing a 4 tick renko chart for executing at the moment due to market conditions. what is the determining factor/process on how you decide whether or not to switch from a 2-4 renko? Also, I would appreciate some clarification that you do not adjust your zig zag study when you adjust your renko setting, correct?

Reply With Quote
 
  #376 (permalink)
Elite Member
Cape Town/South Africa
 
Futures Experience: Intermediate
Platform: NinjaTrader7
Broker/Data: NinjaTrader Brokerage, Rithmic Feed
Favorite Futures: ES
 
ShaunG's Avatar
 
Posts: 37 since Jul 2014
Thanks: 158 given, 37 received


Big Mike View Post
Here is the webinar recording:



Please allow two hours for YouTube to finish encoding.

Sorry about the dogs at the last minute of the webinar, a neighbor was honking his horn repeatedly (like 20 times - it's a cultural thing) and my dogs couldn't take it anymore!

Mike

Thanks again to you Mike and Morad for a great webinar as always!

Reply With Quote
 
  #377 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,656 since Jun 2009
Thanks: 29,044 given, 80,670 received

I was out of practice during my webinar introduction, plus a little off my game due to the technical problems. I forgot to ask everyone to give a 'thumbs up' on YouTube if you find the video useful. Please take the time to do this, it helps us.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #378 (permalink)
Chief Bottle Washer
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 650 since Jan 2012
Thanks: 294 given, 529 received

@FuturesTrader71

Nice commentary today in unusual activity market surveillance

What is oil telling us?

Shit is about to hit the fan?

In months (weeks) what's the over and under?

Thank you

-Bill_M

Reply With Quote
 
  #379 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
FuturesTrader71's Avatar
 
Posts: 229 since Feb 2012
Thanks: 49 given, 749 received


treydog999 View Post
@FuturesTrader71

I am interested in what type of risk management practices, and procedures are taken at an institutional level. What types of things are firms looking at if they are managing several desks, with dozens of strategies and instruments? Other than VaR, cVAR, Expected Shortfall, instrument or strategy correlation? I would like your input on what its like to manage such a large operation?

Hi Trey,

Great question, but I'm the wrong guy to answer. I prefer to respond to things that I have direct experience with and know. Institutional risk management is not an experience I have had.

Pretty sure a lot of sharp guys are on futures.io (formerly BMT) and can provide an answer.

Cheers!
FT71

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.


If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #380 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
FuturesTrader71's Avatar
 
Posts: 229 since Feb 2012
Thanks: 49 given, 749 received



brattebakken View Post
Is he using Investor RT for Orientation, planning etc.. and
S5 Trading Platform for executing the orders, or is he also using Investor RT for trading.
Is it possible to trade from IRT in the charts.

Hi Bratte,

I use IRT for charts, IQFeed for data, S5 Trader for execution, S5 Trade Analyzer for position management.

However, you can use IRT for charts and execution while using the S5 Trader for your feed and DTNMA for historical data.

I hope that makes sense.

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.


If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to FuturesTrader71 for this post:

Reply



futures.io > > > > FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything (AMA)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

An Afternoon with FIO member Massive l

Elite only
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
FT71 www.futurestrader71.com review Big Mike Vendors and Product Reviews 26 July 31st, 2014 12:54 PM
Webinar: FuturesTrader71 (FT71) - Putting all the pieces together Big Mike Traders Hideout 15 March 16th, 2014 10:27 AM
Webinar: FuturesTrader71 (FT71) on Volume Profile Big Mike Traders Hideout 80 November 12th, 2013 09:06 PM
Webinar: FuturesTrader71 (FT71) Trade Management Techniques Big Mike The Elite Circle 90 March 14th, 2013 04:45 PM
Webinar: FuturesTrader71 (FT71) One-on-One, focusing on member Q&A Big Mike Traders Hideout 19 March 11th, 2013 07:54 AM


All times are GMT -4. The time now is 12:37 AM.

no new posts
Page generated 2017-01-18 in 0.12 seconds with 20 queries on phoenix via your IP 54.163.149.151