how to start futures trading (emini)

[Overnight]

It took me like 5 edits to properly quote your absolutely horrible sentence structure. I kept re-thinking what you said and was trying to make it coherent through a natural urge, while keeping the quote true to form as all editors must do. But Jesus man....You're really bad. Yikes.

But you are not the worst, that medal belongs to Dewey Bunnell...


"Cause there ain't no one for to give you no pain."

 

[Mtrader]

...
On the election night I made 177,823.66€ (including commissions) with one simulated account with 2000€ ...

When I see your NINJA performance table from election day, I wonder:

1. Do you really believe you can make $176,418.94 profit with a $2,000 account in 24 hours?
2. Do you really believe in profit factors of 90.89%?
3. Do you really believe in a Sharpe ratio of 5550? Do you know what Sharpe ratio is and how it is calculated?
4. Do you really believe in a Sortino ratio of 4575?
5. Do you really believe in 96.70% profitable trades ?
6. Do you really believe in 399 consecutive winning trades?
7. Do you really believe in a maximum drawdown of only $633.92?

In posting 197 you showed a number of trades in daytrading for the period 11/08/2016-4/11/2016.
If I compare these results with your simulation on 09/11/2016 there are a lot of issues:

1. The maximum number of trades in 1 day was 44 trades on 1/11/2016. How can you do then in your simulation on 09/11/2016 516 trades????
2. Winning trades never came near of the 90.89% of your previous simulation.
3. The biggest daily profit is $247.48 on 04/11/2016. But on 09/11/2016 you make $177,000???
4. In a three months period you make an astounding $1,000 profit?????
5. Average profit per winning trade is never higher than $40??? You told it was between $80-100.
6. With a 90.89% winning rate the average profit per winning trades should be close to the average proift per trade. But this is not the case. So it confirms that your winning rate is far from 90.89%.

I went short on ES ... it starts to win I put more contracts keeping stops loss at 0 and it went "down all night long".... with only 2k (anyway I was putting 0$ at risk after a good initial entry ... ) .. not even 6k

You told that your average profit was between $80 and 100. How can you be at zero risk after a good initial entry (of average $80-100 like you wrote)? You even did not take the maximum drawdown in account.

Your real risk is the loss that you will take if something happens and your 1 point stop is not executed. Your risk is not limited to 1 point because you put a stop there. The market will show you what your real risk is.

I would advice you not to start daytrading but to first try to understand what you are doing and how much knowledge you miss.

On the other hand this can be one big joke too, if you would be a new alias from some well know multi alias poster.

 

[Birinhos]

So you made 1000 Euros in 3 months? You certainly must be living well. Don't pick on the people who "wake up at 8AM to go for traffic and work for another guy lol", as you say. They help support people like you who wake up at 11AM and go to the gym and the beach.

1 - That print is the one I have in my laptop (like I said on the post) where I don't normally train.
2 - I normally use the desktop.
3 - The NT if you are in simulation and you use 1 account in two pcs the P&L is saved on the PC. The results are not join on the account you do login. The records are saved on the PC. (demo account does not last 3 months so you can understand results are saved on PC).
4 - And if you see well that are only 14 days (the list above says the periods of trading and how much each day...) I use laptop occasionally to train out side home, in some coffee or something (this print is spread over 3 months).
5 - Again that is simulation ... That is not my income .... Real income comes from the other print. When I reach home I put here my training results

I show things and as expected haters came say something ... you were the one that was calling attention for the other print where the points and commas were miss placed Suggesting a fake image ... And then said "no was a NT bug "...

No. I was trying to say that I think NT8 sim is bugged.

Do I look like a Ninja trade Developer ?

 

[Overnight]

5 - Again that is simulation ... That is not my income .... Real income comes from the other print. When I reach home I put here my training results

I show thins and as expected haters came say something ... you were the one that was calling attention for the other print where the pois and commas were miss placed Suggesting a fake image ... And then said "no was a NT bug "...


Do I look like a Ninja trade Developer ?

You have a lot to learn about NinjaT's simulation engine. Prepare for disappointment when you go live.

 

[Birinhos]

When I see your NINJA performance table from election day, I wonder:

1. Do you really believe you can make $176,418.94 profit with a $2,000 account in 24 hours?
2. Do you really believe in profit factors of 90.89%?
3. Do you really believe in a Sharpe ratio of 5550? Do you know what Sharpe ratio is and how it is calculated?
4. Do you really believe in a Sortino ratio of 4575?
5. Do you really believe in 96.70% profitable trades ?
6. Do you really believe in 399 consecutive winning trades?
7. Do you really believe in a maximum drawdown of only $633.92?

In posting 197 you showed a number of trades in daytrading for the period 11/08/2016-4/11/2016.
If I compare these results with your simulation on 09/11/2016 there are a lot of issues:

1. The maximum number of trades in 1 day was 44 trades on 1/11/2016. How can you do then in your simulation on 09/11/2016 516 trades????
2. Winning trades never came near of the 90.89% of your previous simulation.
3. The biggest daily profit is $247.48 on 04/11/2016. But on 09/11/2016 you make $177,000???
4. In a three months period you make an astounding $1,000 profit?????
5. Average profit per winning trade is never higher than $40??? You told it was between $80-100.
6. With a 90.89% winning rate the average profit per winning trades should be close to the average proift per trade. But this is not the case. So it confirms that your winning rate is far from 90.89%.

You told that your average profit was between $80 and 100. How can you be at zero risk after a good initial entry (of average $80-100 like you wrote)? You even did not take the maximum drawdown in account.

Your real risk is the loss that you will take if something happens and your 1 point stop is not executed. Your risk is not limited to 1 point because you put a stop there. The market will show you what your real risk is.

I would advice you not to start daytrading but to first try to understand what you are doing and how much knowledge you miss.

On the other hand this can be one big joke too, if you would be a new alias from some well know multi alias poster.

lol is fake ...

All that is explained in my post before. And more : I have reset the account when I made that big green on the desktop... (on simulation - If I want to fake I would say it was real money ... lol ) on the elections night because I did not wanted to consider in my performance ...

So you are saying my results in simulation are fake ?! don't you think it is a bit strange to say that (?) .. lol

 

[Birinhos]

It took me like 5 edits to properly quote your absolutely horrible sentence structure. I kept re-thinking what you said and was trying to make it coherent through a natural urge, while keeping the quote true to form as all editors must do. But Jesus man....You're really bad. Yikes.

But you are not the worst, that medal belongs to Dewey Bunnell...


"Cause there ain't no one for to give you no pain."

I like more this style :

 

[Birinhos]

You have a lot to learn about NinjaT's simulation engine. Prepare for disappointment when you go live.

3rd time ... lol

 

[Overnight]

...And more : I have reset the account when I made that big green on the desktop...

How many times can you reset your live account when you blow it?

So you are saying my results in simulation are fake ?! don't you think it is a bit strange to say that (?) .. lol

I never said your simulation results were fake. I said they were possibly bugged.

 

[Birinhos]

How many times can you reset your live account when you blow it?



I never said your simulation results were fake. I said they were possibly bugged.

I reset that for the opposite reason I was too lucky (not a normal day of trading)... the main thing is that I was with 2k account...

In my PhD I have developed simulating modules for trading in betfair and test my bots. You can read about it here :

http://link.springer.com/chapter/10.1007/978-3-642-36981-0_46

I am the first author in that paper ... So I really know how simulation works and how it can be good or bad ... I can say the NT simulation is a good one It consider your position in queue with the worst case scenario (if orders are canceled in front of you simulation does not know ... If you understand what I am saying you understand that in real would be easier from a technical point of view ... )

 

[Overnight]

...
In my PhD I have developed simulating modules for trading in betfair and test my bots. You can read about it here :
...
I am the first author in that paper ... So I really know how simulation works and how it can be good or bad ... I can say the NT simulation is a good one It consider your position in queue with the worst case scenario (if orders are canceled in front of you simulation does not know ... If you understand what I am saying you understand that in real would be easier from a technical point of view ... )

For crying out loud.

Yep, you know everything about how NT simulator works. I am not going to waste time in my life reading your "PhD" treatise on trading-software simulation engines.

the main thing is that I was with 2k account...

Game over man. Can't be done with a 2K account. Or 6K. Welcome to the world of the Real. Here's a parting gift for you.