Here is the way i daytrade the Emini-YM

Bashir Naim
I am eagerly waiting your decision of Scalper for the Metatrader 4 platform, please let us know if you have decided to transform Scalper for the MT4 platform.:(

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Release of manual version of the Scalper is still awaited please.:sleep:

Regards

We have decided to use the MT4 platform, but before we start working on that , we will first get the Ninja Trader version done first. As i know many people are using that to trade futures.

There is no manual method for the scalper, i was talking about the manual(instructions book) and not something you can do manually. Its fully automated and i will not be releasing any rules or how it works.

When the MT4 is done, i will let everyone in the list know about it, but first things first.
Ninja Trader then MT4.

Regards
Bashir Naimy
 
Going Live Problem

Hi Bashir;

I wanted to test the program you sent live to make sure everything worked with infinity and the trades showed up in the sierra chart, but not my infinity account. Is it possible the problem was the license thing you mentioned or if that was the problem would the charts even come up?

Thanks,
James
 
total for the day on NQ was =+1.5 points. Did replay and got +19 points ,go figer. Rerun on another copm. and got +15points. Cant trust replay on SH.
Vit
 
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total for the day on NQ was =+1.5 points. Did replay and got +19 points ,go figer.Cant trust replay on SH.
Vit

+ 1.5 NQ points cant be right, unless you are getting tottaly different trades, i had two versions running, the same version that you you have made 8.75 points and the other one with -2 stoploss instead made 14 points.


Seems like your tick data is very different from what i am getting
, thats the only reason i can think of these big changes. I think everyone else made alot more then 1.5 points, most made around 6-8 points today.


Keep me informed about any trades you do in the room, that way i can keep a track and maybe find out why your are getting so different results. As this problem dont apply to anyone else.

ANother thing, you where using your infiniyt platform today and with autobrackets enable, that also messed it up for you when it comes to taking profits and stops.

And also, any changes done in the SC while the system is running will mess it up, and this is something i have told everyone at many ocassions.

Keep me informed on monday, and hopefully we can solve this issue together.

Until then, you have a great weekend.


Regards
Bashir Naimy
 
+ 1.5 NQ points cant be right, unless you are getting tottaly different trades, i had two versions running, the same version that you you have made 8.75 points and the other one with -2 stoploss instead made 14 points.


Seems like your tick data is very different from what i am getting
, thats the only reason i can think of these big changes. I think everyone else made alot more then 1.5 points, most made around 6-8 points today.

I only fired it up after lunch, was up 12.25 points after 4 trades, got knocked back to 6.25 after the stopout.
 
Hi guys, here is the final and modified version of my trading method. and there will be no more adjustments to it as i dont see how i can improve on this, at least not for now.

Please use this method only as its the best one and works best, this method should not be confussed with the other older method, so please dont ask me about older methods and wonder why i am now doing it this way and not that way.

THis is a modified version and use it as it is, and dont mix it with the older one, and hopefully you all will find it usefull.

If you guys or girls have any questions about the method then please do ask and i will try to explain. And if any of the rules dont make sense to you then please dont trade it, ask first and then understand it and then trade it.

I wish u all happy trading and i will take a break, had a good day today with nice profits.
And i hope you all had that to (y)


Here is the link to the video so you can download the file and watch it in full HD quality :cheesy:

capture-1.avi on MyOtherDrive

With kind regards
Bashir Naimy

Hi Bashir,

Thanks for sharing all your knowledge Bashir....

I am still trying to catch up with all the reading....just on 37th. In the instructional video, you talk about the pdf for Volume Weighted Lines etc. However, so far, I was not able to find it. Can some one upload it? or direct me to the appropriate page number in this thread? Thank you very much.

Rajesh
 
Hi Bashir,

Thanks for sharing all your knowledge Bashir....

I am still trying to catch up with all the reading....just on 37th. In the instructional video, you talk about the pdf for Volume Weighted Lines etc. However, so far, I was not able to find it. Can some one upload it? or direct me to the appropriate page number in this thread? Thank you very much.

Rajesh

Here it is, please look at attachemnt.


Regards
Bashir Naimy
 

Attachments

  • ValueAreaBasics_web.pdf
    1.1 MB · Views: 2,295
Btw Bashir, where did the "Hydra" addition come from. It probably came up in the room, but i will have missed it, this horrible dayjob gets in the way a lot of the times. :-(
Seemd like a tough day friday. Lets hope we have a good start in Feb.

I do have to say that i'm amazed at how you manage to chat in the room, skype with the friends, evolve the scapler and trade all at the same time. I sometimes have too much fun with the room, it hurts my trading, (though i hesitate to call it trading still). And my pc agrees with me. Having 2 SC sessions running, manual and scalper, the room, the ninjaplatform, skyping with bapovs and thevinman, music in the background and now watching your streamer. Computer says Nooooo:

Computer says NO....
 
Btw Bashir, where did the "Hydra" addition come from. It probably came up in the room, but i will have missed it, this horrible dayjob gets in the way a lot of the times. :-(
Seemd like a tough day friday. Lets hope we have a good start in Feb.

I do have to say that i'm amazed at how you manage to chat in the room, skype with the friends, evolve the scapler and trade all at the same time. I sometimes have too much fun with the room, it hurts my trading, (though i hesitate to call it trading still). And my pc agrees with me. Having 2 SC sessions running, manual and scalper, the room, the ninjaplatform, skyping with bapovs and thevinman, music in the background and now watching your streamer. Computer says Nooooo:
....

It's named after this:
Hydra (chess) - Wikipedia, the free encyclopedia
Atleast according to me!
 
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Btw Bashir, where did the "Hydra" addition come from. It probably came up in the room, but i will have missed it, this horrible dayjob gets in the way a lot of the times. :-(
Seemd like a tough day friday. Lets hope we have a good start in Feb.

I do have to say that i'm amazed at how you manage to chat in the room, skype with the friends, evolve the scapler and trade all at the same time. I sometimes have too much fun with the room, it hurts my trading, (though i hesitate to call it trading still). And my pc agrees with me. Having 2 SC sessions running, manual and scalper, the room, the ninjaplatform, skyping with bapovs and thevinman, music in the background and now watching your streamer. Computer says Nooooo:

Computer says NO....

Hey willem, the Hydra is the scalper that we where developing.. and we just gave it a fitting name :cheesy:

I have also update the site and added a blog where i will put daily results and how the day was. And the results from each month from now one on my live account will be released on the site as well.

The Live data stream where live trades are taken is also updated and blog have been added, and a sexy picture of Vigi is also added ;)

I will also add a page with the good old manual method and some other usefill files.

The link have been changed as well, we now have a real domain

Bashir Naimy AUTO

And i really should get a extra pc, i am also having to much stuff running at the same time, maybe i should think of getting a extra pc. I also need to find a hosting company that can stream the live feed to the site, its really killing my connection.

I will also send a new version of the Hydra out tomorow, it will have
a maximum daily loss limit as well, i am sure alot of peopel here will like that.

That will be the final addition to the scalper, i hope :LOL:


Regards
Bashir Naimy
 
HI Bashir & Crew,

tried setting up the Hydra today (after using it on Friday) with the new Feb files, but got this message on SC Alerts window:

! NQH9 144 tick - #1, TrendScalper: No valid license for month. [ChartBook: C:\SierraChart\data\FibScalper.cht, #1, NQH9] - 2009-02-01 09:17:11
! NQH9 144 tick - #1, FibScalper: No valid license for month. [ChartBook: C:\SierraChart\data\FibScalper.cht, #1, NQH9] - 2009-02-01 09:17:11

Am I missing something obvious (sometimes have a tendancy to do this!). Any advice on how to activate, :confused:

btw was going to trial Hydra on a European car tommorrow so am keen to get this resolved today - experimenting with spreading the use around different markets (y)

See ya tomorrow in the rm,
Habib
 
HI Bashir & Crew,

tried setting up the Hydra today (after using it on Friday) with the new Feb files, but got this message on SC Alerts window:

! NQH9 144 tick - #1, TrendScalper: No valid license for month. [ChartBook: C:\SierraChart\data\FibScalper.cht, #1, NQH9] - 2009-02-01 09:17:11
! NQH9 144 tick - #1, FibScalper: No valid license for month. [ChartBook: C:\SierraChart\data\FibScalper.cht, #1, NQH9] - 2009-02-01 09:17:11

Am I missing something obvious (sometimes have a tendancy to do this!). Any advice on how to activate, :confused:

btw was going to trial Hydra on a European car tommorrow so am keen to get this resolved today - experimenting with spreading the use around different markets (y)

See ya tomorrow in the rm,
Habib


There is a VERY simple reason why its not working,the month changed on sunday and thats why you have old data from jan. Check your charts and you will see that the data you have so far is fro januar month. SO thats why its not working, on monday when market opens and data starts to flow, it will start working again.

With kind regards
Bashir Naimy
 
There is a VERY simple reason why its not working,the month changed on sunday and thats why you have old data from jan. Check your charts and you will see that the data you have so far is fro januar month. SO thats why its not working, on monday when market opens and data starts to flow, it will start working again.

With kind regards
Bashir Naimy

:cool: as alwayas
 
Thanks Bashir I strongy agree with your view

Thanks for sharing your experience Option, what i have reliazed is that there are bigger profits to be had buy doing scalps the holding for a long time, cause you can trade the marked both ways severel times a day and maybe the marked closed up 70 points but u managed to squizze 150 ticks out of it, thats the power of scalping.And i agree with you that there is not any need to have to large timeframes cause u will be out of any trade long before those timeframes gives u anything u can use to scalp, and also that the longer the day gets the easyer it is to not pay attention and make mistakes, if u meet ur daily goal then either scale down on the contracts and just trade small lots if u HAVE to trade, that way even if u get stoppped a few times u will not give all your profits back. And those who talk about that making money in the long term is not possible are people who tryed trading and though it was easy money and gave up to easly after blowing up their account or it was to demanding.

Daytrading in my opinion a very demanding profession, and i treat is an profession and not as a gamble, if i wanna gamble i would rather go to a casino and get my hearth beating there. It demands alot of time and effort and will put your mind to the test, like any profession it takes time and effort to succed. Anothing that is favoring scalping is that u always take ur profits quick and take whatever the marked gives and at the same time u lower ur risk right away.THose who hold for long will alot of times see a trade go in their favor and then after alittlebit it would go against them and they would be stopped, if they had scalped ,they would be out with a profit. Its just simple math, there is more chop and up and down then smooth uptrends in the futures markeds,so scalping is favored.

I think the biggest mistake most traders that fail think of trading as a simple and easy money that anyone can do, if they had only done their research and done trades on a simulator for a few months they would learn the profesion and not risk their capital at he same time, buy the time most new traders find something that work they dont have any capital left and they give it up.

What i can say NOW is that trading is actualy easy , when u know how to controll your emotions and have some sort of a solid plan and stick to it, dont have to be any spectaculer or complicated.And as always have a sound money managment.The goal for every trader should be to get a steady equity curv and grow steadly, greatness comes with repetition.There is no such thing as making millions after a few month, but give it a few year and u will be alot closer to that million.

Its a shame that new traders do come on with the right idea that is is easy to trade, BUT ONLY AFTER U HAVE GAINED THE SKILLS TO CONTROLL YOUR EMOTIONS and HAVE A SOUND MONEY MANAGMENT AND A PLAN U STICK TO.


Enough rant from me :D
You all have a wonderfull weekend

With kind regards
Bashir Naimy
Norway

I think you are spot on, trading takes alot of hardwork and disapline to get it right
Good Luck
and take care
 
We have decided to use the MT4 platform, but before we start working on that , we will first get the Ninja Trader version done first. As i know many people are using that to trade futures.

There is no manual method for the scalper, i was talking about the manual(instructions book) and not something you can do manually. Its fully automated and i will not be releasing any rules or how it works.

When the MT4 is done, i will let everyone in the list know about it, but first things first.
Ninja Trader then MT4.

Regards
Bashir Naimy

Thanks Bashir, please include me in your mailing list then i'll be able to come to know about the released versions, especially Scalper for MT4 and day to day improvements of the system.
[email protected]

Regards
 
Got Hydra running SIM on Eurostoxx today - so far down 14 points!!!

7 trades, 7 losses, 0 wins.

I was even wondering if I'd inverted a setting on something :D
 
Got Hydra running SIM on Eurostoxx today - so far down 14 points!!!

7 trades, 7 losses, 0 wins.

I was even wondering if I'd inverted a setting on something :D

Hi Bumblebee,

Did you changed anything to the stops/profit?
You need to, because 2 to 3 points stoploss is far to little with the Eurostoxx.
1 tick is 10 dollar so i would suggest a 7 tick stop and not 2 that is standard with the HYDRA.
You also need to increase your profit taking. Same issue here. 2 points (same is 2 ticks in the STOXX) is far to little.

Try it like that and rerun the program at normal speed and see what your results are.

Regards,


Sebastian

ps. As in matter of fact i'm going to try this Hydra also on the stoxx.



~Sebastian
 
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