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Millionaire in 10 weeks & Conversation with broker
Millionaire in 10 weeks & Conversation with broker
MerlinWorld
Montreal
Posts: 128 since Jan 2013
Thank you.
Once the indicator code will be done, I will post it on the forum and everybody will be able to chip in and tell me how it can be inserted in a profitable strategy.
Can you help answer these questions from other members on NexusFi?
According to your own words, you don't have a system here. All you have is an indicator that maybe looks good. You want other people to come up with rules, ie a system, based on your indicator. And you start a thread about making a million in 10 weeks. Do you see how that comes across? If you know EL, then you should have been able to do all this work yourself on TS. But for some reason you didn't and now you want other people to come up with a system for you, and you want this for no charge? Will this system be automated? Trading a .3 renko chart on the Russell is a very fast chart. Will you be able to enter the trades fast enough? If you wanted help, this method is maybe not the best way to go about it. I really do wish you luck and I hope you can say I told you so but it seems like you are lazy.
MerlinWorld
Montreal
Posts: 128 since Jan 2013
Maybe looks good??? Maybe???
Show me ONE....JUST ONE indicator that would have pinpointed a better entry than mine here.
I don't pay because IT HAS VALUE. You don't see it so because you think it's worthless, you want me to pay for it.
If it was THAT worthless, why would I get multiple PMs today to help me build it for free? That's because THEY SEE THE VALUE in it that you don't.
It's just a difference in POV that's all.
Personally it just blows my mind that you don't see the obvious potential it has here but I respect your pov.
olobay
Montreal
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011
How would you have entered there? According to your own words, you do not have rules to define entry or exit other than risk 5 ticks to make 50 ticks.
You posted Tim's backtest results but that was Tim using HIS system, not yours. He was using your money management method which is fine and fair, but he had a system. All you have is an indicator. No system. It's very easy to look at the left side of a chart and say I would have entered here and exited here with my 50 ticks.
I don't trade the micro TF but does it have enough liquidity to handle 18 contracts? Again, a .3 renko chart is very fast.
Your statement about not paying because it has value does not make any sense. If it has value, then you should have paid to get it coded last week because it has value. You can always get the programmer to sign a non-disclosure agreement. You want other people to create a system for you, using your indicator.
MerlinWorld
Montreal
Posts: 128 since Jan 2013
I'm done talking to you. Have a nice day.
olobay
Montreal
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011
Good luck to you!
MerlinWorld
Montreal
Posts: 128 since Jan 2013
Je peux pas faire ca, Il n'y a pas de sable a Montreal ;-)
I continue to increase the contract size by 1 as my account size grows. The idea is to use my earnings in the futures market to fund the next contract. I want to make 1 deposit into my brokerage account and never have to make another deposit into it again.
That was a big topic of discussion on TradeStation as to what is the bottleneck on the liquidity of the Russell to be able to get in and out with 50+ contracts.
Nobody on TS, despite their years of experience seem to know the max number of Russell Mini contract (RTY) we can get in or out without suffering large slippage even on limit orders.
As you can see, we start with the Micro M2K contract but fairly soon move to the Mini RTY contract but at this point, we believe that we will stall around Level-5. That will be part of the test once the indicator and system will be programmed and backtested.
That's the beauty of this concept because by starting at only $25, we don't really care (ok maybe a little hehe) whether we lose it all at the $50,000 or $100,000 level because we will know we started with only $25 and we played with the stock market's money.