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TST/OneUp/LeeLoo/Earn2Trade


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TST/OneUp/LeeLoo/Earn2Trade

  #21 (permalink)
EminiTraderCBOT
Chicago, IL
 
Posts: 56 since May 2015
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I have a question regarding the trailing drawdown. Basically itís just from the highest point of the trade to where you closed it out?

Iíd like to go with TST but I would rather have 1 step than 2. I know LeeLoo may have ďdifferentĒ YouTube videos and such but if it offers an opportunity to trade with the least path of resistance then they can make their YouTube and all of that whatever makes them happy.

Iím just trying to decide either LeeLoo or E2T. I like the platform options with E2T. LeeLoo you can only use NT8, which isnít terrible.


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  #22 (permalink)
EminiTraderCBOT
Chicago, IL
 
Posts: 56 since May 2015
Thanks Given: 57
Thanks Received: 20

I came across "The Glide" - Swing Trade Micro Account with LeeLoo.

I wanted to get some feedback from others here about this one. I think this one is perfect. The Profit Target is $2000 and the Max Loss Limit is $625. Itís a static drawdown and not trailing.

Account Specifics:
- $100,000 Account Size
- Option between 20 Micros or 2 Standard Contracts
- You can hold trades overnight
- $625 Max Drawdown (Static)
- You can trade during news
- Minimum of only 10 trading days

I know each type is what someoneís goal is but I think this one is pretty good. I like the static drawdown. $625 is not a lot but is somewhat equivalent to a higher trailing drawdown limit being the details on how that works. i.e. Up $1000 on a trade and close out at $500. You are down -$500 even though you just made $500 profit. I would like it that much more if it was $1000 Max drawdown limit but $625 isnít that bad. You can also switch from Micros to Standard contracts. I like this a lot. Sometimes you have those days where the market is moving nicely and you can do the 2 standard contracts but on days when itís not, you can adjust your position with micros. Thatís pretty nice. You have to trade for a minimum of 10 trading days. That is not bad at all either.

Anyone who has done or knows a little more about it. Can you share your Pros and Cons on this one?

Iím almost 100% certain that I am going to select this one but want to get some feedback first.

Thank you !!

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  #23 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 704 since Jan 2017
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EminiTraderCBOT View Post
I have a question regarding the trailing drawdown. Basically itís just from the highest point of the trade to where you closed it out?

Iíd like to go with TST but I would rather have 1 step than 2. I know LeeLoo may have ďdifferentĒ YouTube videos and such but if it offers an opportunity to trade with the least path of resistance then they can make their YouTube and all of that whatever makes them happy.

Iím just trying to decide either LeeLoo or E2T. I like the platform options with E2T. LeeLoo you can only use NT8, which isnít terrible.


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Not sure why you think you can only use NT8, you can use each platform which allows you to trade thru Rithmic, but yes, you can use NT8 for free.

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  #24 (permalink)
EminiTraderCBOT
Chicago, IL
 
Posts: 56 since May 2015
Thanks Given: 57
Thanks Received: 20


tr8er View Post
Not sure why you think you can only use NT8, you can use each platform which allows you to trade thru Rithmic, but yes, you can use NT8 for free.



You mean with LeeLoo?

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  #25 (permalink)
 tr8er 
Europe
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Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
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EminiTraderCBOT View Post
You mean with LeeLoo?

Yes

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  #26 (permalink)
EminiTraderCBOT
Chicago, IL
 
Posts: 56 since May 2015
Thanks Given: 57
Thanks Received: 20


tr8er View Post
Yes



You can use more than NT8?
Do you know which ones?

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  #27 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
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EminiTraderCBOT View Post
You can use more than NT8?
Do you know which ones?

https://support.leelootrading.com/kb/c10/e_-connection-guides.aspx

but you can use each platform. which you can connect with Rithmic-data.

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  #28 (permalink)
EminiTraderCBOT
Chicago, IL
 
Posts: 56 since May 2015
Thanks Given: 57
Thanks Received: 20


tr8er View Post
https://support.leelootrading.com/kb/c10/e_-connection-guides.aspx



but you can use each platform. which you can connect with Rithmic-data.



Extremely appreciate this!! I donít know why but I was under the impression that you can only use NT8 with LeeLoo. Not that I have anything against NT I just was leaning more towards Sierra or Atas

Have you ever tried Atas? Iím trying to find the best Market/Volume Profile and Footprint charts. Atas seems like a pretty decent platform for that but a lot use Sierra as well.

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  #29 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 704 since Jan 2017
Thanks Given: 220
Thanks Received: 709

I use TradeNavigator since 10+ years and am happy with it and it fits all my needs, but I think ATAS is the best orderflow charting-tool you can get.

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  #30 (permalink)
EminiTraderCBOT
Chicago, IL
 
Posts: 56 since May 2015
Thanks Given: 57
Thanks Received: 20



tr8er View Post
I use TradeNavigator since 10+ years and am happy with it and it fits all my needs, but I think ATAS is the best orderflow charting-tool you can get.



You think ATAS is the best orderflow charting software? How come? What do you think that has that Sierra or IRT does not?

I love IRT just donít like the monthly cost LOL
I downloaded a trial of ATAS. Still leaning how to navigate around it but so far so good

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