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I love your flexibility and willingness to stay with your main theme for the day (upside breakout).

What are the two time frames in the two trading windows and and what the trading platform?

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MAE is what I saw on one of the charts: Maximum average excursion?

Did all these stats come with your trading platform for your to fill in; or did you create the stats from scratch?

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Index Trader,

I looked around for Big Mike's Traders forum and could not find it. Is that within the E-mini futures trading section?

Thanks, CMA

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Indextrader7, it is great that you started this TF thread.

The ICE site shows 0.964 correlation of $RUT and $SPX for period 1/1-9/8/2011.

I'm a long time stock trader and former ASE options market maker. I'm interested in getting started in TF.

I wonder if you (or other TF traders) could touch on practical issues for newbies:

FCM recommendations (pluses and minuses) and trading platforms used.

Thanks, CMA

 

I've used Tradestation and OEC. I feel like the majority use Ninjatrader. I think you can't go wrong with any of those platforms.

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I love your flexibility and willingness to stay with your main theme for the day (upside breakout).

What are the two time frames in the two trading windows and and what the trading platform?

 

I change around from time to time, but mainly watch the 50 tick and 250 tick charts.

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MAE is what I saw on one of the charts: Maximum average excursion?

Did all these stats come with your trading platform for your to fill in; or did you create the stats from scratch?

 

I made my own excel spreadsheet from scratch. I haven't found a platform that can realize that I'm still in the same trade when I scale in/out of a position. They all treat them as separate trades which throws off my true stats.

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I'm broadcasting my trading live tomorrow.

 

I was having a conversation with a non-trading friend, and explaining them things about my journals on BMT and such, and they got me thinking about how helpful it could be for someone to see me trade, and hear me talk out my thought process live.

 

Join me as I continue to sim trade CL and prep for the TST combine. I'll be starting at 7am CST.

 

I think you may have to click on the audio button once logged in in order to hear me. I'll have your end muted, but feel free to chat if you like.

 

Here's the link! https://join.me/572-521-271

 

Could be fun!

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I'm testing out a different format today, Google+ hangout.

 

You must have a google+ account (quite easy to sign up for) to log directly into the webcast and interact with me. You can go to that here: https://plus.google.com/hangouts/_/c65534d440674133dfdade61820c59d9f49e74e5?gid=893851448980

 

I will have you auto-muted, with sharing and voice also off on your end. I want this to be a clean, mainly one-way presentation. Chat is enabled, and encouraged. Please direct most any chat you can to the whole room, as last time people heard me answering questions that they couldn't see.

 

If you don't have a google+ account, and refuse to get one, then you have another option. The webcast will be streamed live on my youtube channel. So you can watch here: indextrader7 - YouTube

 

Starting now, let's have fun.

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I'm not sure if any of you were able to make it out to the webcast today, but it was a great session to have up. No, it wasn't a destroy the market hundreds of ticks session, it was a real grind. A real picture of what it is like to have 5 trades go against you, but manage risk properly and be in position to bank when the big setup comes to you.

 

If you're a newbie, watch the whole thing. If you're just wanting to see the trades, press the next button at the bottom to fast forward to the start of each trade.

 

Enjoy!

 

Trading with indextrader7

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Real time trading webcast starting in a few minutes

 

If you have google+ (recommended) join here: https://plus.google.com/hangouts/_/a2872c7980b35ac224ce7cb8ce45bb35da6b85f6?gid=893851448980

 

Don't worry, I can't see you or hear you, I have everyone auto muted/blocked with a program. You are encouraged to chat if you have comments questions.

 

If you don't have google+ and/or refuse to get it, you can watch on my youtube channel, as it will be streamed live there. You wont' be able to participate if you want to comment/question. Here:

indextrader7 - YouTube

 

Let's get it!

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Hope everyone had a good trading session today. I was +32 ticks on the day (average ticks per contract traded). Could have been a better day, but I had a few trade management issues.

 

If you missed the real-time trading session this morning you can find the recording on my blog. Trading with indextrader7: Live Trading Webcast 2-26-13

 

I also recently posted an article on a great tool for measuring profitability, and gauging drift in trading performance. Trading with indextrader7: How good do you have to be exactly?

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