Justin's Playground | Page 123 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple Playground 2 replies

P's playground 7 replies

Playground Price action 2 replies

Attachments: Justin's Playground
Exit Attachments

Justin's Playground

  • #2,441
  • Edited 11:13am Feb 2, 2020 10:59am | Edited 11:13am
Quoting Hutch
{quote} Since he was showing his screen the only way he could have manipulated TOS or any other platform statement would have been to take a picture of the platform/statement, manipulate it by changing numbers, take a picture of the new statement and show it on his screen. This would require a lot of work and all he would achieve is to boost his ego. NG was all over the place Friday and had gaps on every time frame except H4 so this wasn't good trading conditions making it harder to make good trades. No good trades = no money {image}
I don't know.... cause sometimes he looks quite transparent as you can see from this video. What I don't understand is if I am really good at trading like him, I would just focus on trading itself rather than selling courses and posting youtube videos. Anyway.... By the way, gee... he really looks sick. Look at his eyes...
Attached Image

Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,442
  • Feb 4, 2020 11:27am Feb 4, 2020 11:27am
Quoting heispark
The demise of TD Ameritrade and Thinkorswim... Let me see how Charles Schwab would fix it. https://youtu.be/JEUZf4Vd8vA TD Ameritrade's Thinkorswim never have been a good execution platform.
15 min delayed execution??!!
Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,443
  • Feb 4, 2020 5:59pm Feb 4, 2020 5:59pm
Quoting heispark
{quote} 15 min delayed execution??!! https://youtu.be/wXLKc_HDJuU
Wow. TD has really gone downhill. I tried calling their customer service last week and gave up after waiting 15 minutes. I tried the next day and gave up again... I called my other broker, Schwab, and they picked up in about 30 seconds.

Fortunately I've not experienced any execution problems like the one in the video, but I agree TD isn't a reasonable option for traders if that's really happening. I think Schwab will get the tech right, but they seem less oriented towards active traders so I have my doubts about them. Interactive Brokers is probably the best right now.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #2,444
  • Feb 6, 2020 11:42am Feb 6, 2020 11:42am
Quoting heispark
{quote} I don't know.... cause sometimes he looks quite transparent as you can see from this video. What I don't understand is if I am really good at trading like him, I would just focus on trading itself rather than selling courses and posting youtube videos. Anyway.... By the way, gee... he really looks sick. Look at his eyes... {image} https://youtu.be/PIhZ3sVh8HI
Making videos and selling courses boosts his ego like "Look at me I'm a great trader". Maybe he lacks self confidence so he needs to show the world how good he is. I agree his eyes don't look good especially below his bottom eyelid. You can clearly see this in the video. He could be sick or he doesn't get enough sleep. In any case he doesn't look healthy.
  • #2,445
  • Feb 13, 2020 7:46am Feb 13, 2020 7:46am
NYMEX Membership (CME Membership)

Exchange fee is the biggest portion of the Futures trading cost. Broker commission is actually the smallest portion of the total cost (as long as you use discount brokers). If I lease NYMEX membership I can save about 28% of the total Natural Gas Futures trading cost. NYMEX Membership lease cost is very cheap compared to CME Membership. Interesting.....

Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-13_22-43-07.png Size: 455 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-13_22-32-13.png Size: 412 KB


https://optimusfutures.com/CME-Lease.php
https://www.cmegroup.com/company/mem...tml#nymexComex
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,446
  • Edited 7:35pm Feb 13, 2020 6:59pm | Edited 7:35pm
Quoting heispark
{quote} Can someone locally manipulate TOS trading statement? I am starting to think Ricky might not be legit.... Last Friday he were sick and even didn't attend the live stream. And later he came up with a recap video telling he made over $2000 without much details. The NG market on Friday was especially choppy.... Grumpy I am, so I made some comments on his Discord channel. {image}{image} His recap video for last Friday: https://youtu.be/MeFosYL3FFw
Unsubscribed from all his channels. My gut feeling is he's hiding something although he may be a consistently profitable trader (at least for now). His strategy is basically fading the move from OB/OS levels using VWAP, MACD and RSI. It can work because NG has some mean reversion tendency in daily basis. He starts with a small position then adds up one or two more bigger positions when market moves in his favor targeting only a few ticks (yes, he's a scalper). When his first small position doesn't work, he gets out with reasonably small loss. If market turns the direction when he's fully loaded, he makes big loss. He also uses money stop with max day loss limit of $400-500. I admit he's good at reading the general context of the market. I also like his scaling up (adding to wining positions) strategy, rather than scaling down. However, to me it looks somewhat scary (and sometimes silly) trading. IMHO, counter trend trading isn't worth it. Actually, during his 30-60 min daily live trading streamings, he often ends up with loss. But when he posts Youtube short recap videos later, magically he comes up with profit without much details. How he so easily recoup big losses and even turns it into decent profits? If he's so good at trading, why his account size is only $50K with daily goal of $500? and why he sells courses and Youtube videos? It doesn't make sense to me. But one thing clear to me is his courses and Youtube videos are pure garbage. You learn nothing from them. So I said goodbye to him.

Quick Tip: You never buy anything from someone bragging about his Lamborghini in his blog or Facebook.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,447
  • Feb 14, 2020 3:50pm Feb 14, 2020 3:50pm
Quoting heispark
{quote} Unsubscribed from all his channels. Quick Tip: You never buy anything from someone bragging about his Lamborghini in his blog or Facebook.....
You're a good trader so you don't need spoon feeding Like I said before "he needs to show the world how good he is". Staying away from bragging traders is best
  • #2,448
  • Feb 20, 2020 5:57am Feb 20, 2020 5:57am
Natural Gas is very choppy from yesterday. My observation is that when expiration date is getting close, rolling over starts and the volume split into two contracts which makes the market choppy. When I traded NQ (Nasdaq) before, its spread and slippage became wider during roll-over period. One of the disadvantages in futures trading.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-20_20-40-39.png Size: 190 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,449
  • Feb 20, 2020 8:08am Feb 20, 2020 8:08am
Will this gap filled before the expiration? Gaps are filled most of the time. The problem is timing of course. They can be filled immediately or after several months...... Anyway, they are filled most of the time.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-20_22-56-26.png Size: 557 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,450
  • Feb 23, 2020 10:47pm Feb 23, 2020 10:47pm
Quoting heispark
Will this gap filled before the expiration? Gaps are filled most of the time. The problem is timing of course. They can be filled immediately or after several months...... Anyway, they are filled most of the time. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-24_13-46-00.png Size: 104 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,451
  • Feb 24, 2020 10:50am Feb 24, 2020 10:50am
Bookmap for Mac version has some bug which makes data delayed especially during around market open (9:30 am ET):
Inserted Video

I've complained it for nearly a month and they didn't care much about it. Finally I was upset and strongly complained about it. They're investigating it now and gave me one month license extension.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-25_01-43-19.png Size: 115 KB

If they fail to fix it, I am definitely done with Bookmap. It's a 'good to have' tool but I can live without it anyway.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,452
  • Feb 24, 2020 6:49pm Feb 24, 2020 6:49pm
Quoting heispark
{quote} You're brave enough posting your live TE. Not many people can do this. As a long time (about 10 years) loser, I am not in any position to give you any advice but IMHO, I am afraid you don't have any edge trading Forex. Perhaps you yourself know that already. Your entries often become immediate losers and rely on pure luck. You are just wasting your time. Your strategy cannot beat the market. Excluding some really exceptional people (perhaps RJ or Davit?), trading Forex or Stock Index is no longer human tradable. It's algo's playground. You...
Inserted Video

He doesn't need to be a successful trader. He can sell his tools & EAs, training courses or Youtube videos just like others. Single one million viewed Youtube video can generate about $40K of income. He's talented and has a better odd to succeed than trading. I know Jason Stapleton was a consistent loser before he quit trading. Ryan is no worse than Jason at least.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,453
  • Feb 25, 2020 3:00am Feb 25, 2020 3:00am
Quoting heispark
{quote} https://youtu.be/YecxmHtPQh0 He doesn't need to be a successful trader. He can sell his tools & EAs, training courses or Youtube videos just like others. Single one million viewed Youtube video can generate about $40K of income. He's talented and has a better odd to succeed than trading. I know Jason Stapleton was a consistent loser before he quit trading. Ryan is no worse than Jason at least.
If Ricky could made these trades he would not need any other source of income. Unfortunately they are not mine
Attached Image (click to enlarge)
Click to Enlarge Name: 24 Feb Trades.jpg Size: 105 KB
  • #2,454
  • Feb 25, 2020 3:56am Feb 25, 2020 3:56am
Quoting Hutch
{quote} If Ricky could made these trades he would not need any other source of income. Unfortunately they are not mine {image}
Looks like a demo. In reality, more than 10 lots of single execution increases slippage. 25 x 10 lots is better than single 250 lots.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,455
  • Feb 25, 2020 5:53pm Feb 25, 2020 5:53pm
Quoting heispark
Bookmap for Mac version has some bug which makes data delayed especially during around market open (9:30 am ET): https://youtu.be/TIzJhXcJLh8 I've complained it for nearly a month and they didn't care much about it. Finally I was upset and strongly complained about it. They're investigating it now and gave me one month license extension. {image} If they fail to fix it, I am definitely done with Bookmap. It's a 'good to have' tool but I can live without it anyway.
My second job is a bug tester........
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-26_08-51-21.png Size: 162 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,456
  • Feb 26, 2020 1:26am Feb 26, 2020 1:26am
Quoting heispark
You should read this super honest posting from Hilmy83. It makes me think a lot of trading....................... Whoever saying trading is easy is a liar. Trust me. https://www.elitetrader.com/et/threa...334231/page-15
The rule of thumb in futures trading is you wait until market open (9:30 am ET) to trade. However, some people find a better edge in Asian session. Hilmy83 is one of them. For details, read this: https://www.elitetrader.com/et/threa...334231/page-22
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-26_16-16-09.png Size: 267 KB

I myself are getting more like pre market even though thin liquidity.......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,457
  • Feb 26, 2020 5:39am Feb 26, 2020 5:39am
Quoting heispark
{quote} {image}
Another gap to fill? Perhaps not until Thursday Natural Gas inventory report (10:30 am ET)....
IMHO, gap filling is the most reliable pattern still working today. Ending diagonal pattern may be the second best....
<NG 1H>
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-26_20-33-42.png Size: 92 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,458
  • Edited 7:39am Feb 26, 2020 7:26am | Edited 7:39am
Quoting heispark
{quote} https://youtu.be/YecxmHtPQh0 He doesn't need to be a successful trader. He can sell his tools & EAs, training courses or Youtube videos just like others. Single one million viewed Youtube video can generate about $40K of income. He's talented and has a better odd to succeed than trading. I know Jason Stapleton was a consistent loser before he quit trading. Ryan is no worse than Jason at least.
It looks incorrect information. Actually, single one million view video can generate roughly $4700.
Inserted Video

(Watch from 1:53)

My sister is considering posting her pet videos to Youtube for extra income. It should be fun and it won't take much time anyway. People just love pets videos and number of views easily exceed multi-million views. There are many ways to make money.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,459
  • Feb 26, 2020 8:37am Feb 26, 2020 8:37am
Quoting heispark
{quote} Yes, 200 EMA is King! https://youtu.be/M8fr0MYgIs4
Quoting heispark
I don't understand people who saying Moving Average doesn't work. They only need to admit they don't have skill to profitably use this, or just say they don't need it in their strategies. That's enough. Just don't say "it doesn't work". It works just over and over and over again.... One of my best arms in arsenal.
Natural Gas faithfully respects moving averages. The best is 200 EMA. Almost always it respects 200 EMA in different TFs in various ways.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-26_23-31-38.png Size: 237 KB

(Red is 200 EMA, Green is 50 EMA and Blue is 15 EMA)
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,460
  • Feb 26, 2020 12:32pm Feb 26, 2020 12:32pm
Quoting heispark
{quote} {quote} Natural Gas faithfully respects moving averages. The best is 200 EMA. Almost always it respects 200 EMA in different TFs in various ways..... {image} (Red is 200 EMA, Green is 50 EMA and Blue is 15 EMA)
Normal for newbies to have no respects for MAs but they will learn I looked at trading NG with my broker but the volume is way too low so there are gaps even on M1 charts. Does your market profile indicator help your trading?
5 traders viewing now