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Chippy
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Everything posted by Chippy
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I have been with ninja and TradeStation. TS is better all around.
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slow stochastics, 13,2,2,1 8 low and 92 high extreme rsi normal settings length 14, oversold 5, overbought 95 When they both agree its best to go in. You can trade just off the stoch if you want. However, only trade in the trend direction..that is what I do. If it's an up day, only buy on low extremes. I use the open price of the market for general trend direction (after the first hour of trading I see where its trending...above or below the open, and that is my set direction). I also use other indicators to tell me whether its an up trend or down trend...but I paid for those off someone lol People can generally find their own ways of finding direction...it's really personal preference on indicators to use. But whatever you do, make sure you have a set plan and set rules...and always follow them! I go for 5 tick stop 5 tick target every time, and I have a 60% win rate with all my rules. Provides a little income each month, but I am not aiming to be a billionaire in 1 year either Biggest thing is setting up your own plan I think. If you have any questions about more specifics you can pm me
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A mentor of mine said that anyone who tried to daytrade or swingtrade with less than $50,000 in futures will fail ultimately. I guess the reason is that every trade should have less than 1-2% risk to be profitable over time and not blow your account......:crap:
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30/10/5 year bonds all work great with Stochastics and RSI...on a 5 min chart you can scalp that all day long with the extreme readings of Stoch and RSI.
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I have heard that line before and it's false. Everyone knows there is nothing out there that can make 100% winners. No one could ever and will ever develop that (legally). So the idea that people who have winning strategies are not allowed to sell their systems or shouldn't sell systems because they should be billionaires is completely false. No one in their right mind would go all in or bet $1 mil a trade on a system that is 60% right, or even 90% right. Because they DO have drawdowns, and they DO have losses. But overall there can and are systems that make decent money over time if you follow the rules that are set up for them and do not get greedy. How do I know??? I am a client of a fund that uses automated trading for some of the programs and I made almost 100% return this year AFTER all fees!!! Best I have ever done while in the "trading business", and I am sure they made a crap ton of money off everyone they have as clients too :rofl:
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very awesome and simple. thanks!!
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actually thats perfect. Thanks very much. I don't have the advanced skills...or any skills at all to find that lol:crap:
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yes, I said that in my first post. It's ok, you don't have to reply anymore I will figure it out. Thanks anyway
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I was actually looking for an example of this type of coding in an actual indicator. Not necessarily the book. I have read the section called "drawing objects" already, but it will not print like in the picture I have above. A lot of what is said in the book doesn't apply to real world applications. I am not a coding expert by any means...that's why I was looking for an example I can work upon. I will re-read and try to re-code. Thanks
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I don't trade full time, it's just a hobby and for long term investments. I have a regular job to do so I don't have the time to read 1200 pages of easylanguage coding. Can you point me in the right direction instead of saying read the manual? Thought that was the point of a forum to actually get helpful information?? Even a link to a repost about this same subject would be more helpful. Thanks
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RumpledOne...I wasn't trying to be a hater. I was genuinely interested in the beginning until I saw him attack the other posters and then ignored my simple request. Was it too much to ask for more than 5 hours of data? I mean if he isn't sharing how it is done, or any open source code what are we suppose to respond with? "OMG you are so awesome! How do you make $500 in 4 hours with 99% win ratio!!! You are the man!!!" come on...we are not being haters...we just are realists wanting some explanations and more results. Otherwise if posters don't want to share, why post? Attention whores? :missy:
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You are kidding right? I simply asked in my first post to you if you could post more than 1 days results and you said " I just added stoploss code to my strategy.." Either you don't know how to comprehend the English language, or you ignored my question in the very first post. I was simply asking for more than 1 day of data. I wasn't even asking proof of your RJO account statements or anything like that (which some people ask for by the way). But your hostility towards other people here with your responses and blatantly ignoring me (or your ignorance), proves that you are just a troll. Here is a program I am running that has real live results...and no I didn't write it but I use it and it makes me money! It's no where near as "perfect" as yours, so no it will not make me a millionaire overnight, but I am VERY pleased to have any return over 10% a year on my investments. I guess you should be happy with your $100 million yacht, and 10 Bugatti veyrons that program spits out....here are real results (56% win ratio I am happy with) Oh...and that is with commission included...
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It's not a peanut gallery. You must understand on a forum where people share ideas, say...hey guys look at my huge D*ck....I can make 90% winners, $500 in a day...and only post 1 day of probably simulated backtested results. If anyone were to actually take you serious you would have to post what you are doing and how you are doing it...also more than 1 freaking day of results. Otherwise, you are just like all the other idiots who say they can make you a millionaire with only $1k deposit:crap:
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This is probably simple for you guys, but I was trying to find out how to print on the screen something in easy language. Very similar to the picture I am posting. You see on the side they have the "targets" and stop print on the screen as the market moves up and down. How do I do this based off an indicator? Hope this hasn't been explained before but I couldn't find anything when I searched. Thanks again, Chip
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I will ask again...can you post more than 1 day of results? 1 day doesn't impress me at all...if anything with your hostile responses to people, seems its all fake. Just saying...if you want to be taken seriously, show real results over the past 3 months, not 1 day lol:rofl:
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can you post more than 1 day of results, and what strategy is it using?
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pit trading is from 10:30-2:15 EST or 9:30-1:15 central time that is for all grains. electronic trading is from 7pm to 8:15 am EST
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nothing works until you trade it live...trust me lol
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What's Your Experience with 'renting' Strategies
Chippy replied to maguiredan's topic in Automated Trading
The one thing I like with my programs over others....and frankly one reason I chose it, is because they offered a performance type payment. If it doesn't make money, you don't pay them. I don't see many other programs that offer that. If so someone let me know. I am always open to ideas and making money :rofl:- 34 replies
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What's Your Experience with 'renting' Strategies
Chippy replied to maguiredan's topic in Automated Trading
Some of the small details you may have to ask them to confirm, but I can tell you what I know just from my trading. I lost $600 on 1 trade in my first week because my internet went out. After that happened I decided to rent a server each month and not worry about any disconnection or my computer freezing :crap: The Silver has been really crazy. I started during a good period and didn't have much drawdown, but then in May I had about a 10% drawdown. I think for silver you need a really big account now. I am not sure on the requirements, you will have to ask them. Overall silver has been the biggest money maker, but it will make you a nervous wreck to watch it. Gold has been the most steady and not much drawdown, and BP has just been back and forth, but small profits there. Biggest "lessons" I have learned is get a server or make sure your internet/computer never fails :rofl: You can private message me for the amount I started with. I don't like to post that all over the internet haha- 34 replies
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What's Your Experience with 'renting' Strategies
Chippy replied to maguiredan's topic in Automated Trading
I have their BP, gold and silver- 34 replies
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What's Your Experience with 'renting' Strategies
Chippy replied to maguiredan's topic in Automated Trading
yea I asked them about that at first too because I know slippage can be big on certain markets, but so far it hasn't been off too much. It seems to average out because I get better fills sometimes and then worse sometimes. I know on the trade records for the day trades they include slippage, but not on automated. Either way, as long as I make 10% on my money after all fees and commission I am not going to complain- 34 replies
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What's Your Experience with 'renting' Strategies
Chippy replied to maguiredan's topic in Automated Trading
Yea things are going pretty good. Right now the markets are all having a hard time, but I am still positive for the month, so can't really complain. They are pretty good about being around when you need them. I have been to some sites where if things go wrong they never show up...at least they are there when its losing too haha :crap:- 34 replies
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just trade futures....no $25k rule :rofl:
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awesome post. thanks
- 15 replies
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- balance
- creating a trading plan
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