this type of trading works in Forex AND stocks

Ratios and patterns and Fibs, OH MY

MORE info on the Ratios as we move forward in our training series. This software really does a great job at identifying the patterns for you live in real time markets on any time frame…Here I’ve highlighted some GREAT trading signals for you and shown you a couple of different ways this powerful software can make your daily trading easier

Live trading with our position model on GOOG?

Traders have continued to ask about the power of the EQ trading system on intra day charts and so I wanted to show you 4 markets that offer some nice volatility

In the next video I want to address a little more on the trading rules for Day Trading VS Position Trading and this is done in eSignal 11

CRITICAL NinjaTrader 7 update

CRITICAL NOTICE: PLEASE READ AS THIS MAY IMPACT You

Dear NinjaTrader User:

We will be releasing NinjaTrader Version 7.0.1000.3 Beta within the next several days to address the following items.

•We anticipate that Microsoft will be releasing Windows 7 Service Pack 1 into production later this month. NinjaTrader Version 7.0.1000.3 Beta or greater is required to be compatible with this Windows update. All prior versions of NinjaTrader including 7.0.1000.2 or earlier and NinjaTrader 6.5 will be incompatible with this Windows update.

•We have improved the ability for our 3rd party indicator and strategy developer partners to protect their intellectual property (IP) and thus any users who currently have installed commercial 3rd party add-ons are impacted by this update.
If you are using Windows 7 or are using commercial 3rd party add-ons it is critical that you read the remainder of this notice.

Why is Version 7.0.1000.3 Beta?The NinjaTrader 3rd party partner base is over 220 strong and growing every day. This thriving ecosystem of innovative applications allows you to extend the NinjaTrader application to fit your needs ensuring you get the most out of your NinjaTrader investment. Our partner program would not have been possible without the ability for our partners to protect their intellectual property (IP). To ensure that our users continue to have access to a broad base of custom indicators and strategies we are introducing a change in how IP is protected. Although the core NinjaTrader source code itself is not in a beta state, the technology wrapper used to protect our IP is new to NinjaTrader thus we thought it appropriate to label NinjaTrader 7.0.1000.3 as beta.

What are the implications of Upgrading to 7.0.1000.3 Beta?There are several implications of upgrading to NinjaTrader 7.0.1000.3 Beta including:

•If you are currently using any commercial 3rd party partner indicators or strategies we advise you to contact the partner prior to upgrading to obtain NinjaTrader 7.0.1000.3 Beta compatible versions of their products. There is a high likelihood that any 3rd party product you are using in NinjaTrader 7.0.1000.2 or earlier will not work (incompatible) with NinjaTrader 7.0.1000.3 Beta and any future NinjaTrader version.

•You may be required to spend an extra five minutes to prepare your current NinjaTrader installation for this upgrade dependant on if you have installed 3rd party commercial products. Instructions will be provided once we release NinjaTrader 7.0.1000.3 Beta.

We have been in contact with our partners over the past month in preparation for this upgrade so we encourage you to contact them to obtain the necessary products/information to make this transition a smooth one. Our support team is at the ready to help anyone who requires assistance or to answer any questions you may have. We will notify you in the next several days once NinjaTrader 7.0.100.3 Beta becomes available.

Sincerely,
Raymond Deux
Founder & CEO

P.S. – Attention NinjaScript DevelopersNinjaTrader 7.0.1000.3 Beta replaces RemoteSoft’s Salamander .NET Protector with SecureTeam’s CliSecure for IP protection. We have entered into a licensing agreement with SecureTeam to provide to you, free of charge, a version of their software that is limited to the protection of NinjaScript assemblies built and exported by NinjaTrader. If you choose to manage your NinjaScript archive outside of NinjaTrader, then CliSecure also offers an unrestricted version for purchase.

CLICK THIS LINK to view in your browser

Forex Update

I’ve combined 2 session updates into one for an overview of recent Private Client Group trading signals with some great profits as well as some new setups for the Ratios and SOS model

Keys to trading system development

Trading System / Model development…

KEY PHASES of development include…

Logic of the model…

1. Adaptive — Adapts to market conditions as markets expand and contract.
a. Use IF / THEN conditional statements that turn into conditional thought process. Repeat externally to gain ownership subconsciously.
b. Make some of the components DYNAMIC
c. PRICE is purest form of analysis. HOW THE MARKET DID respond at key levels tips the hat for PREDICTIVE action in the future.
2. Syntax — Setup takes place BEFORE the signal
a. What conditions are present prior to entry?
b. What causes ENTRY?
c. Stop placement (KNOW where our analysis is wrong) commit to stops.
d. Profit target (Reasonable expectation about WHERE the market will go WHEN we are RIGHT) Presuppositional Phrase.

3. Testing – Rules Of Engagement
a. Test for 30-50 trades (minimum) historically in one or multiple markets.
b. HOW DID IT PERFORM when you followed ROE?
c. Max DD Size / Duration (helps with determining risk capital and trader tummy)
d. Set REASONABLE expectations for moving forward.

4. Walk forward trade in simulation
a. Get the execution syntax down
b. Make the execution errors with no risk capital on the line
c. Feel the winners / losers and focus on self talk (Internal Dialogue)
d. Manage your ‘Trading State’ EVERY SESSION.
e. Trade EXACTLY as you will trade when going live!!!!!!!!!!
You are creating habits that will stay with you in your trading. Make the habits created those that will serve you moving forward.
5. Set reasonable goal to be attained prior to moving to real $$$$
a. Take EVERY signal called by system for 5 consecutive sessions!
b. NO IMPULSE trades for 5 consecutive sessions!

Can you say Trading Roller coaster?

THANKS to Kevin for the following quote
“According to the teachings of the Greek philosopher Parmenides, language illustrates human thinking (and reasoning); confused language is thus tantamount to confused thinking; confused thinking, in turn, provokes unintended acts and undesired outcomes.[1]”

Here is an example of unintended acts by a trader (played by Darren in our office) and the undesired outcome (Jason)
Hope it makes you smile

Happy NEW YOU traders….

Thoughts BECOME Things

Traders I really can’t think of a better First Message of the new year than what I’m sharing here…AS you know I am HUGE on the power of YOUR Trading Mind and have been working with traders around the world for a decade and a half to show you that success Really IS between your 2 ears. The BEST trading system in the world is USELESS in the hands of a trader who won’t follow the rules! Period!
So, let’s get this year started right. DECIDE now that you’re going to take the necessary steps to make the necessary change that will help you be consistent AND profitable as a trader in the new year.

Now…on to Thoughts Become Things (some of you may recognize the speaker from a popular video series featured on Oprah)
Video Lesson 2 is from one of my favorites from the man himself ‘Napolean Hill’
Enjoy these and I pray you find value in them and more importantly TAKE ACTION on the power and simplicity of the message NOTE: Pay CLOSE attention at the 3:05 mark when he talks about the 2 envelopes… Which one will you follow this year?

Thoughts BECOME Things Video Lesson 2

What color are your trading lenses?

Traders I’ve taken a piece of my ‘StratLab’ training that I thought could impact you real time in your trading RIGHT NOW and so here it is for you just hours after my live session…Also, for those of you who have been patiently waiting for the release of our new desktop delivery of trading signals and education….IT’S HERE! Click HERE Now to get your overview

Could SPY, QQQQ AND DIA close on the highs of the year?

How bout a little bonus coverage for those of you who trade stocks

Equities and Ratios. Does it get any better?” You’ve been asking for some coverage of primary stocks and ETFs using my Dynamic Structure Trading model so I wanted to get out this quick hit video showing some powerful trading signals. This will also give you a sneak peek at something I’ll introduce here first next year in January….Stay Tuned

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