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I will check out Crude. I have been running everything off of ES. I have noticed a few posts in other threads warning other newbies to stay away from ES. I assumed that was due to volatility and being whipsawed if not accurate and nimble (more experienced). If that is the case, how does...

WOW....all my math with regard to ticks was jacked up because I used the $25 value when building the sheet and then dropped back to 12.50. Haven't figured out a way to adjust the tick formulas based on value by using one common variable just yet. If I can't, I may have to alter and save a...

Found an error in my spreadsheet. I had it counting ticks as double. Corrected. was 25 (tick) = value x's 2 (12.50 x's 2) Now 25 (tick) = value (12.50) getting there..... Thanks, J

Interesting on the time factor in the combine. I was under the impression that you had to trade AT LEAST that many days within the given time period. ie: You have 30 days to meet the profit level within the requirements and you have to trade on at least 10 of those days. I thought the idea...

Also, with regard to the excess profits and withdrawls. I would intend to build the cushion as quickly as I could in order to obtain the highest split ratio and then count that as zero. Anything over that I would withdrawl as I would need that for living expenses. Any excess beyond living...

Keep up the hard work jtrader. Thanks! I am enjoying it so its not that bad. Some of the advantages to futures are they trade 24/7. So you don't have gaps, they just keep trading. Obviously there are no hard to borrow issues when shorting which is very nice. Generally speaking, your...

The last few response are great and insightful. Thanks! I appreciate the calculation for determining daily range. That will help going forward. All good so far! Thanks again, J. ---this time I really am logging off, lol. Back this evening.

This may give some perspective on my equities trading in order to help show what I am referencing against. This is part of my execution and and what I consider "normal" for the timeframes used in the example with regards to equities. I used the same cash equity in order to compare like values...

Great info and just what I am looking for! Thanks austinp, J.

Again guys, this is a start. Not a full fledged "Hey guys, I'm going Futures Trading"! Everyone starts somewhere. No one starts out with complete knowledge. Yes, I am looking into this with regard to the Patak backing. I am not throwing 5K-10K down the drain. In fact, I think if you go...

That could be the case. As I said, I am not familiar with what "normal" price action is in the Futures markets. What I am looking for with that example is whether I am understanding the mechanics of how to trade the Futures markets and how it relates to what I am already familiar with in...

Am I looking at this correctly and realistically? If so, that is a sh*t-ton more money than I can achieve with stocks! The chart is the ES from yesterday. I am looking at it from a short perspective with a entry on the blue line, the stop on the red line and the exit on the green line. The...

Great info so far guys. I will be using the T4 initially and may continue with it as I get more comfortable. As I mentioned, I am not looking to scalp multiple trades daily, but rather take only quality trades (10 mins to multiple hours). You can trust I am not the type to blame my trade...

Awesome! Thank you. That gives me alot of info I was looking for in one spot. Thanks again, J.

Cool. I was under the impression Ninja was upwards of $150/month. Thanks, J.

There order entry on the T4 I downloaded is horrendous. Seems there has to be a better system out there, but the Ninja Trader is expensive. Maybe worthwhile once one is proven consistent, but not an extra expense to take on initially. The platform may make things more convenient, but it...

Not trading anything yet. The numbers I used in the example are just generic. I am more concerned with the math coming out correctly at this time so generic values work for that purpose. I did however plug in numbers more in line with your questions in order to show a better example as you...

Here's what I have set up so far. Running numbers with contracts is much more complex than by just basic share size! This calculator allows me to plug is the basic numbers and it spits out the number of contracts I can purchase and still be within my risk tolerance as well as things like...