Well that’s a wrap for me today, got my 5 trades in, had a great day now time to enjoy the rest of it and relax. Have a good weekend everyone!
It was probably about as stress free a day as I have ever had.
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I stuck to my guns this week and it paid off. Planned my trades and traded my plan. Made every effort to avoid overtrading, including walking away from the computer for long periods of time. Had a “light bulb” moment this week with regard to the institutional zones (realized I had been utilizing them incorrectly), thanks to Darrell’s Elite room review on Wednesday and webinar yesterday I have more confidence with trailing on the MVP, setting initial stop at the swing high/low and have found my new favorite continuum bar size. Trading 1 contract at a time, I was able to profit over $1300 (exclusive of fees) on 17 trades with only 2 losses over 4 days of trading (No trading on Tuesday for me).
My goal of getting to the point where I can become a full time trader is closer to reality. Thank you Apex!
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Way to go Peter! This awesome! The 8/10 bars are your new favorite? @timelord914
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Thank you @ronin50 yes the 8/10 5 minute continuum bars. The trends may not be as aesthetically “pretty” with them, but you definitely see the chop much clearer.
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Hey Peter , that’s so awesome I know u have put in a lot of time and your hard work really shows. I think u are becoming a great leader in the way u are helping new traders, keep it up. From experience I know trying to work full time and trying to trade can be a challenge. I have had a couple good weeks myself but this week Darrell really gave us some great training. The lightbulb also went off with the I zones and the trailing stops. Peter first question are u combining your future with nadex spreads on same trades are doing them separately throughout the day. Second are u still using your auto break even and auto trail with these new indicators. Peter keep up the good work and I look forward to seeing your other post. Gary
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@duhon1004
Thank you Gary, that is a great compliment and I really appreciate it. It is always exciting when you have that “Aha!” moment when someone breaks it down step by step like Darrell did with his trainings this week and like Lori and everyone else who posts their charts do. It’s one of the reasons I try to be detailed with the charts that I post, still working on it 
. Congratulations on your success as well!
To answer your question, I will do the same trades on the Nadex spreads (if the right contract is available). The trades that I posted in for this week however were only futures. I didn’t really trade spreads because I was focussed on executing correctly with the futures trade. I usually use the nadex spreads to put multiple positions whereas on the futures I’m only trading 1 contract (i.e. I might do one futures trade with a 5 point target and at the same time do 10 spread contracts going for $25 per contract using the intraday spreads). Often my ATM strategy on the futures contract would stop my out for a profit well short of my 5 point target but I would get the full profit on the spread contracts. Do that 3 or 4 times a week and it adds up nicely.
Now to your second question, after adjusting my settings based on Darrell’s webinars, I am not using the auto break even and auto trail any more. A couple of the trades I made I forgot to change it and it caused me issues because I wasn’t fast enough in moving my stop back to MVP each time it moved with the auto trail (especially over teamviewer…LOL). So you will see in my list of trades I changed from my Profit_hunter Auto break even/auto trail strategy to MVP Trail which I just set a target of 50 and a stop of 25 and then once I’m in the trade I move my stop to the swing low, trail with the MVP and I will adjust my target based on how the trade develops (scalping between izones or trend trading).
I hope that makes sense, great questions and again I appreciate the compliment.
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Great Peter thanks i am fortunate to be my own boss go into work later this allow me to get up early and trade four 4 hours on futures and hit daily goals but I would like to continue to trade spreads thru out the day I am working on a post I am putting together should be out next weekend on tips and tricks of trading on mobile to desktop I hope you can help me add your experience so we can help others who have to still hold down jobs but can still trade during the day when there great movement. I can’t wait until apex help put together the nadex integration onto ninjatrader. I think this can help us mobile traders out a lot
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LOL, Lucky you (being your own boss of course)
That’s Awesome that you are putting a post together for traders that work full time jobs! You rock! I will be happy to contribute any way I can, but I’m sure you will have some great information to share with the group.
Nadex on Ninjatrader would be a dream come true although the scanners are already pretty awesome. Although I have to admit, I use the mobile platform a lot when I am trading Nadex from the office, they will not let me install Chrome 
. At home though it’s the scanner and I have to say it rocks.
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