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Re: Cisco futures course for Newbie
yes, i took the short course as recommended by don jones at cisco. He has been doing mp since its inception. He is generous with his time and input, but you need to be creative in utilizing his work toward developing a method. I currently use a modified version of mp for Ninja Trader. I found that 5-day balances usually worked the best. The mp add on for NT has the ability to merge days (even break them down by 1/2 hr. period). The levels you get can be incredibly accurate. Ultimately, you have to determine what sort of time frame, how many contracts, etc... I trade off the pivots the MP gives me; e.g. a b/o with a pullback and then a move (hopefully to the next level) and so on. If you want to take a short route to trading mp contact Frank at balancetrader. There are others, but BT is straight forward (and less expensive than most MP trading rooms). I don't currently have any affiliation with either Don or Frank btw. My background and experience are no doubt different than yours, but I find that MP is the real deal; indicators are unreliable, but you can learn to trade with MP and perhaps volume bars alone with a little experience... Good luck.
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