Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
@hector24,
Spoke with the programmer and here is his suggestion - Browse to your ‘My Documents/NinjaTrader 7/bin/Custom/Indicator’ directory and perform a search for ‘DisplayLocation’, it should display the offending indicator.
This worked for me and it turned out that "Tickcounter2.cs" was creating my issue so I just deleted it and then imported rwbHA without any problems.
No real trades for me, this was my travel day so I could not watch the markets...
I am only posting this for those who might want to see what the charts did, also this will leave a record for me on how the morning panned out. It looks like it was a great morning if you had the ability to stay out of the chop until 7:50.....by following the BGC this was possible. ON the better lline chart, I probable would have taken the long for a loss as shown, but its hard for me to tell how fast the move down would have felt...I just know my first trade is usually a loss...lol
Here I missed that open long waiting for the opening "range", that didnt happen just shot up. I was not real sure of the short but I tried not to think too much and just trade what I see.....got 3 ticks short, then went long, got 3 ticks before I could even raise my PT.... Good morning, I did not have to recover a loss for the first trade, I guess it can happen
I am starting to feel the heat with so many people viewing my makeshift trading journal; I noticed that 1000 views had been posted in just 36 hours. I do think it’s cool, there are people interested in what I’m doing, that being said I don’t want a bunch of new traders or those just looking to think that scalping the ES is the only way to make money or that it is always easy. The market has a way of trapping traders in bad positions and taking your money. If you don’t have rules and a trading plan of some sort to MAKE you react in YOUR best interest then you could lose a lot of money before you learn that lesson.
I know people are pulled towards scalping, I didn’t listen to others back in the day to trade longer term so I don’t expect anyone to listen to me now….just please consider spending AS MUCH time on the psychology part of trading as you do in finding your Holy Grail…..that Holy Grail can only be you! It took me years of losses and looking for the “System” before I finally “GOT IT”. I am by no means a great trader, you see me fighting myself and the markets all the time, I let fear set in and I either don’t trade, exit winners for a loss or won’t get out of a bad trades soon enough. Other days I seem to be fine with myself and can read what I am thinking and the market in real time, those days are always my best days. I know everyone has heard it before, from lots of people and webinars….but it is true, spend the time learning how to act in your best interest, and you can take a marginal system and do ok, without it….the best chart and entry signal in the world you will lose money with. Just ask any trader that’s been around awhile.
I am getting lots of PM messages asking for the “Rules”, that is hard for me to do. If you have been reading all the posts you will find I am always changing the rules I trade by just a little, the market is not the same from week to week or even day to day. You will see me pick the “wrong” chart to trade some days, that is the life of a scalper. I have spent way too much money trying to have a black box systems programmed, by the time I got it finished, the market either changed to where it wouldn’t make money or all I would do is back test it to the point where I never did trade it. Now I try and spend my time having things programmed that make it easier for me to get into a trade. Then I am an active trader rather than a sit and watch trader. I know when I was learning I didn’t even know where to start, so I would be more than happy to tell you “how I use” or “what I am thinking about”, it’s just hard for me to give someone exact rules that might change a little down the road. I will even send you the template for some chart if you ask to help get you going. My hope is that I can give you ideas and perhaps a direction to head in, then as you watch, study and learn you will be able to “see” what works for you and not just my stuff, anything that works for you is good. I would rather you learn to trade your set-ups then make you a robot that cant adapt to changing markets if futures.io (formerly BMT) or I weren’t around…..You are the only one that can be responsible for your trades.
The ES can change weekly, so I don’t think back testing something 6 months back is a valid way to go about finding your setup, at least with the time frames most scalping has to be done on. But I do believe anything you decide to trade rule wise should be valid for the last few weeks, and you must always be studying your charts so you will be changing as the market you trade changes. I also think a scalper needs to be familiar enough with his rules and charts that he trades with, so that if the market is changing some, you are able to modify or change the rules a little without having to relearn everything. Every time I add some line or indicator it takes me awhile to be able to make decisions fast enough to scalp. That is probably the one reason I try and color code everything I watch, the colors make my decisions for me, then all I have to do is react to them for the entry and manage the trade from there.
Again thanks for the questions and I hope I might be able to help a few traders out there!
As a fellow scalper (and new to the forum) I agree 100% about rules changing, back testing my way out of trading, etc... Look forward to see how your journal progresses.
-Steven
As you see my trades, I am again fighting myself....I tried to force a signal and took a 4 tick loss on a mistake. Then I took a 6 tick hit on a re-entry, not the smartest but it happened....then I took a 2 tick hit on the long looking for a larger move up....the trail was hit then I reversed short.....missed a few trades, etc....
Another typical friday for me, end of month, friday, full moon....whatever excuse you use I was not on my game this morning, but I'll take BE on a friday if I have to....better than letting a few losses get to me amd end up down 12 ticks!
My problem today was pure distraction. Everything is setting up for a nice long, I'm focused, then wife and kids walk in and start asking for a million things to be done, trying to ignore them I take the trade, then I realized I forgot to look at the one thing that tells me this could be chop (and it's trying to tell me there's chop) but it's too late. I shored up my stop and sat there watching as it got hit for a small loss. Frustrated, so I missed the next trade/winner and decided to call it a day.
The problem is my wife has no idea what I'm doing nor cares to know. So, I truly think she thinks I'm playing some sort of video game.
I'm with you 110%.....self distruction....not staying focused. I'm just glad for me most of the time I can pull the trigger on the next trade, I just tend to get more jumpy when I start getting back to BE, and instead of trading for profit I end up stopping.....like today, I'm a work in progress....lol
My wife, kids and neighbors all think I play video games, all day and night....you just have to be a trader to get it!
The psychology part of futures trading is what caught me off guard. I didn't know it would be half the battle. I'm very confident and comfortable with my style/setup/system/etc... but my brain keeps interfering with the trades. It's the last part of the equation and something I'm working on every day. Though I do believe I'm getting a little better every day.
I don't know any friends/family that understand what I'm doing. Only a bunch of random screen names in a few forums and chat rooms.