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Webinar: FuturesTrader71 (FT71) Morad Askar on Getting Started Scalping
Thank you FT for the reply. I really like the tool. As I am not (yet) a customer of S5 I use the "light" version of NT7 which is also quiet helpful. Better than nothing. My goal is to have a healthy ratio of MFE and MAE.
Can you help answer these questions from other members on NexusFi?
Understood. Hop on over and support S5. We have several folks from Germany trading everything from Bunds to EuroStoxx to FDAX. We will give you better stat tools.
Risk Disclaimer: Trading Futures 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
I often think of trade ideas, but seldom have time to perform analysis on them. I have even thought of hiring an "intern" type of person that could crunch numbers all day, but I thought I would try this thread first.
If I provide the raw formatted …
Several users provided the source data and/or spreadsheets to do the calcs.
This was a fantastic webinar and the greatest worth for me was the live demonstration even in market replay. Therefore i would appreciate further "live" dems. I had no doubt, that FT71 was not prepared and i admired how he stayed cool after the first two loosing trades. He came in the flow and turned the scenario positive in his third trade.
If i saw it right, he was far away from a 1:1 R.R, what i consider to be very interesting having the recent discussion about this here on futures.io (formerly BMT) in mind. Thanks for the webinar.
Would just like to bump this a bit. The shown average price in NT when adding and removing contracts is frankly just confusing to me. Ive been looking for something like the theoretical average for some time.
Wouldnt something like this be really easy to code as an indy?
At least i hope @NinjaTrader will consider adding this for NT8 ..
Thanks for the recommendation on the The Chimp Paradox ... great book. It is a very digestible quick read for anyone looking to understand why they may not always follow their plan and what to do about it.
Thanks for recommending this book FT, Its great !! Boy will this explain in simple terms, many of the underlying drives we traders ( humans ) try to control. A neat concise package, easy to read for those who don't care for books, and for me as a parent a super resource to help my kids.
Another example of why I follow FT, buy his book ideas and listen carefully when he speaks.
All the best FT