Has anyone ever heard of Felton Trading? (www.feltontrading.com) - Vendors and Product Reviews | futures.io
futures io futures trading


Has anyone ever heard of Felton Trading? (www.feltontrading.com)
Started: by sp139214 Views / Replies:83,387 / 395
Last Reply: Attachments:23

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
 23  
 
Thread Tools Search this Thread
 

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

  #241 (permalink)
Membership Temporarily Revoked
siam, west coast andaman sea
 
Futures Experience: Master
Platform: ninja
Favorite Futures: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011
Thanks: 559 given, 200 received

theseeker--to be successful and profitable, traders need to think for themselves


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
 
  #242 (permalink)
Elite Member
Germany
 
Futures Experience: Intermediate
Platform: MT4, StrategyRunner
Favorite Futures: ES,EUR/USD,Oil
 
TheSeeker's Avatar
 
Posts: 123 since Dec 2010
Thanks: 64 given, 64 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:
 
  #243 (permalink)
Membership Revoked
Victoria, TX
 
Futures Experience: Master
Platform: NinjaTrader
Broker/Data: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Favorite Futures: 6E, CL, GC
 
rogerf's Avatar
 
Posts: 132 since Apr 2010
Thanks: 22 given, 519 received



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
 
  #244 (permalink)
Elite Member
Germany
 
Futures Experience: Intermediate
Platform: MT4, StrategyRunner
Favorite Futures: ES,EUR/USD,Oil
 
TheSeeker's Avatar
 
Posts: 123 since Dec 2010
Thanks: 64 given, 64 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
 
  #245 (permalink)
Membership Revoked
Victoria, TX
 
Futures Experience: Master
Platform: NinjaTrader
Broker/Data: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Favorite Futures: 6E, CL, GC
 
rogerf's Avatar
 
Posts: 132 since Apr 2010
Thanks: 22 given, 519 received

Futures Edge on FIO

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
 
  #246 (permalink)
Elite Member
MIAMI,FL
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Private
Favorite Futures: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,870 received

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

KILLING THE MARKETS DAILY
Reply With Quote
 
  #247 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,282 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
 
  #248 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,878 since Jul 2009
Thanks: 1,448 given, 3,297 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:
 
  #249 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,464 since Nov 2010
Thanks: 742 given, 7,525 received
Forum Reputation: Legendary


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....

Reply With Quote
 
  #250 (permalink)
Elite Member
Massachusetts, USA
 
Futures Experience: Beginner
Platform: Ninja
 
Posts: 30 since Jun 2009
Thanks: 51 given, 6 received


What did happen to cause Roger to be banned?

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

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

PTMC Protrader Platform First Look w/Sergey Sokolov

Elite only

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

FIO Video Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

April

Process above all else w/Anthony Crudele @ Futures Radio Show

Elite only

Machine Learning - Quantitative Trading w/Martin Froehler @ Quantiacs

Elite only

Market Dynamics w/Peter Davies @ Jigsaw Trading

Elite only

Ask Me Anything w/Patrick Rooney @ Trading Technologies

Apr 18

Ask Me Anything w/FuturesTrader71

Apr 19

Machine Learning w/Kris Longmore

Elite only

Market Analysis w/Dave Forss

Apr 25

Introducing iSystems with Stage 5 Trading

Apr 27
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Heard of www.theeminitrader.com ?? estrader14 Vendors and Product Reviews 7 September 27th, 2012 12:56 PM
Is here anybody who is trading Felton method? Experiences? redford007 Vendors and Product Reviews 3 June 6th, 2011 05:01 PM
Felton Trading fballesteros Vendors and Product Reviews 4 April 14th, 2011 04:16 AM
Whats the funniest comment you've heard about trading Michael.H Off-Topic 2 October 7th, 2010 06:56 AM


All times are GMT -4. The time now is 05:34 AM.

no new posts
Page generated 2017-03-26 in 0.14 seconds with 20 queries on phoenix via your IP 54.166.107.51