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Leaving CFD trading and learning futures


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Leaving CFD trading and learning futures

  #21 (permalink)
 
processing's Avatar
 processing 
Sydney, NSW
 
Experience: Beginner
Platform: Quantower
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kevinkdog View Post
Just be careful backtesting, because about 90% of people do it incorrectly. There are a ton of pitfalls to it. I believe there are webinars here that have discussed some of the issues.

Thanks for the tip!

I usually prefer to read books as I absorb the information better this way, at my own pace.

I have a few books by Kevin Davey (I believe that's you!).

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  #22 (permalink)
 kevinkdog   is a Vendor
 
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processing View Post
Thanks for the tip!

I usually prefer to read books as I absorb the information better this way, at my own pace.

I have a few books by Kevin Davey (I believe that's you!).

Not allowed to self promote, but that name sounds familiar...

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  #23 (permalink)
 
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 processing 
Sydney, NSW
 
Experience: Beginner
Platform: Quantower
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I am an avid reader and love learning about subjects that have a positive impact on the way I view myself and have potential power to improve my health.

One of these subjects is neuroscience. I am always fascinated by "hacks", or advice and guidelines that help me reach my goals and remain in optimal health. I am a big believer in the MED (minimal effective dose) concept.

I've got some notes which I'd like to share.

Enjoy!

Attached Files
Elite Membership required to download: Brain Health (9 things that negatively impact).pdf
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  #24 (permalink)
 
processing's Avatar
 processing 
Sydney, NSW
 
Experience: Beginner
Platform: Quantower
Frequency: Other
Duration: Other
Posts: 102 since Feb 2011
Thanks Given: 285
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Over the past few days:
- I have been watching some futures traders on YouTube, it's very fascinating to see how they trade 1 min charts!
- I've also been doing some reading, about different ways of mitigating losses/drawdowns.
- I've been using Naked Markets to build rules so I can automate backtests, instead of only manually backtesting. Saves a lot of time!

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  #25 (permalink)
 
processing's Avatar
 processing 
Sydney, NSW
 
Experience: Beginner
Platform: Quantower
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Posts: 102 since Feb 2011
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Summary of the past week:

Did a lot of reading, from the Apex Trader Funding website.
Decided to begin an evaluation, I chose the 50k Rithmic evaluation.
Spent less time gaming.

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  #26 (permalink)
 
processing's Avatar
 processing 
Sydney, NSW
 
Experience: Beginner
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Posts: 102 since Feb 2011
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My last trading day of last week was my 3rd eval day.

It got a bit spooky. I was trading micros and floating PnL went to around -$900.

I reversed, and then added to the position.

Ended the day with a tiny gross profit but the killer was commissions as it was the MNQ. So it was actually a net loss because of commissions.

Will be trading NQ this week.

“If you can stand the pain, you stand a chance of dancing in the rain.”

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  #27 (permalink)
 
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 processing 
Sydney, NSW
 
Experience: Beginner
Platform: Quantower
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Passed the evaluation at Apex and now trading a PA account.

I am feeling grateful for this opportunity.

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  #28 (permalink)
 
processing's Avatar
 processing 
Sydney, NSW
 
Experience: Beginner
Platform: Quantower
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Recently came across a video on YouTube.

Here is a summary:

Attached Files
Elite Membership required to download: Tips for Success (Alex Hormozi).pdf
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  #29 (permalink)
 
DowDaddy's Avatar
 DowDaddy 
Las Vegas
 
Experience: Master
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Broker: Ninja Trader Brokerage
Trading: Dow Futures
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processing View Post
Passed the evaluation at Apex and now trading a PA account.



I am feeling grateful for this opportunity.

Congrats!!!

If you don't bet, you can't win.

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  #30 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
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ES Jedi View Post
Congrats!!!

If you don't bet, you can't win.

Hi @ES Jedi,

I enjoy your posts.

One thing I have noticed -- you type the phrase "If you don't bet, you can't win" at the bottom of every post.

Did you know that you can add that as a "signature," which wiil automatically show it at the foot of every post you make, set off with a different color background, like the quote from Cervantes at the bottom of my post here. No typing.

If interested, go to "UserCP" (for "Control Panel") at the top of every page. Click there, then under "Settings and Options" click "Edit Signature" and type it in. You can also add an image under Signature Picture if you want, and then Preview and Save.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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