Why make things difficult on yourself? At the NinjaTrader sponsored webinar yesterday (Webinar Link Here), I spoke of some things that I suspect most traders (95%) fail to take into consideration that not only complicates trading success but stifles it completely most of the time and then I shared the most successful trading method I have ever developed and one which I use exclusively in my own trading – NodeTrader and now the auto trader that implements the indicator.
Here is the December 5th, 2014 trading session using the NodeTrader Auto Trader.
Hey folks the NodeTrader ATM Auto Trader (NATM) will be released this Thursday at a webinar hosted by NinjaTrader. The registration page can be found HERE. Here are today’s results using the NodeTrader Auto Trader. Sign up to find out the 3 questions you MUST ask yourself and answer appropriately before you begin trading. The answers to these 3 questions are the foundation of my trading and the reason for my profitability. Results Link.
Here is a link to a video of the first trade on Friday, November 28, 2014 using the ATM version of the NodeTrader Auto Trader (NATM). Unfortunately, no sound!!! Argh! I will post another video or two during trading early week. I let it run all day and here are the screens of the trades it took and the results. NodeTrader and the ATM version of the NodeTrader Auto Trader will be released during a webinar hosted by NinjaTrader on December 4th, 2014. I’ve been saying for most of this year to NodeTrader users – “Just Take The Prints”. That is all I do each and every day and you can find my results HERE. The Auto Trader should make that easier for you to do.
I just completed the NodeTrader Auto Trader (ATM version) and am testing it out. I’m not sure how much functionality I will add to this atm version of the auto trader. I am working on the un-managed version which I will be using in my own trading. The atm version cannot be used for back testing – mostly only for entry and order management. Also since the strategy implements a single atm, the position sizing algorithms are fixed. In other words, if the strategy says you can enter with 5 contracts but the atm tied to the strategy is built with 3 contracts – you will enter the market and manage 3 contracts. None of this is an issue with the fill fledged un-managed version. I expect to have the un-managed version ready in the next couple of weeks.
Stay tuned for the NinjaTrader webinar on December 4th!
ValuTrader NodeTrader Results
October 29, 2014 – Real Time Video of the Trade
Another nice day on CL. Are you trading all day or for multiple hours? Take control of your trading and quit when you’re up a reasonable amount. What is a reasonable amount? Some feel that is 2 -3 % of their account balance and I can assure you if that is your daily trading goal you will not find success in any market or with any method. There are professional hedge funds who would kill for 12% annually! Start trading at only the most profitable times and stop trading when you’re up .25 – .5% of your trading account.
Here is a recording of a live session of CL – no market replay. Sometimes it is not possible to narrate a trade, video a trade, respond to folks in a room, respond to folks on Skype, share my screen etc. and trade at your best, so many times I will replay a trade’s progression as a way of showing how the trade, the zones, and the results pan out. For those who prefer to see it while it is really happening here is one for you. A confirmed low volume node short, an aggressive scalp add on to that short and a high volume node long at support. Took maybe 30 minutes. Check the results page for, well, the results, lol.
Find a 20 minute video below of some nice scalp trades using NodeTrader today. The same trades could have been had with ScalpTrader but the reference to the buy and sell zones in the video (they act like magnets to price) would not have been visible. Just take the prints – that’s all you need to do with NodeTrader or ScalpTrader. Anyway, enjoy the video:
Traders ask me all the time how I catch these awesome trades and my answer is always the same, “I take the prints!”. No other software in the world prints these specific high probability trades. No other software has position sizing built-in. If you don’t position size then you are not trading profitably and that’s a stone cold fact. I use NodeTrader and only NodeTrader every day in my trading. Check out the most interesting chart in the world:
After the big move in CL the day before we might have expected messy price action for a bit and CL did not disappoint. I traded much smaller than normal but even with the market’s confusion, NodeTrader found opportunity to profit. Here is a short video of the trading session. For those of you wondering how my right index finger is doing since the rattlesnake post and bite on August 28, 2014, the medical experts determined they needed to amputate the finger. Sorry no pic yet – it is brutal in appearance and form. I am trying to adjust to writing, typing, holding things etc., as you can imagine. On to the video:
Check out the new ScalpTrader method from ValuTrader. I call it scalping because our first target is typically 6 to 8 ticks. Since scalping methods typically have skewed risk to reward ratios, I recommend leaving a runner. You can see the runner in action in the video where I easily pay for the software in a day’s trading by risking $200 a trade. On the fly position sizing, reliable Scalp and Aggressive Scalp entries, Stops, Entries, and Targets all come with the NinjaTrader add-on. There has never been a better time to trade the markets. Let ScalpTrader give you the control and finesse you may be missing in your trading. You can see my results with the Scalp Trades the last couple of weeks ValuTrader Results.