Plan the Trade | Page 537 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Plan the Trade / Trade the plan 74 replies

Plan the Trade and Trade the Plan: Swing Trading the Euro 5 replies

My backtest - optimisation - trade plan 0 replies

A realistic trade plan 6 replies

my trade plan for next week 47 replies

Attachments: Plan the Trade
Exit Attachments

Plan the Trade

  • #10,721
  • Feb 18, 2019 6:15am Feb 18, 2019 6:15am
Quoting bapakjason
Can Sierra Chart through AMP be used to trade 2 accounts at the same time? Place trades in one instance of the platform and have the same trade executed in 2 accounts?
I don't think so, at least not unless you pay for another account. I wanted to do so some time ago when i had opened a Transact demo alongside my AMP data, but i decided against it.

I'm still playing around with settings, but seems like i've sorted out data and settings roughly right again this morning.

I'm miles away from where i was 6 months ago. Gutted that i've got to get back up to speed at some stage, but my life is all about how to move on regarding healthcare from here!

Attached Image (click to enlarge)
Click to Enlarge Name: Q18-02-19.png Size: 133 KB


It's nice to get to view some PA, but my life is all about researching how much it will cost me for 'Gamma Knife' for private treatment in the future. Guys, i will be back in the loop again though hopefully.

GL all
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #10,722
  • Feb 18, 2019 6:19am Feb 18, 2019 6:19am
Best of luck mate - I wish you a speedy recovery!
  • #10,723
  • Feb 18, 2019 6:00pm Feb 18, 2019 6:00pm
Good wishes CG, may you be back better, sharper and stronger than ever :-)
  • #10,724
  • Feb 18, 2019 6:29pm Feb 18, 2019 6:29pm
Well wishes CG. Stay strong and carry on....
  • #10,725
  • Feb 19, 2019 8:23am Feb 19, 2019 8:23am
Quoting DjPriz
Well wishes CG. Stay strong and carry on....
Likewise CG. Keep on going. All here are cheering you on.
every Saint has a past. Every Sinner has a Future
  • #10,726
  • Feb 19, 2019 10:00am Feb 19, 2019 10:00am
crappola day
  • #10,727
  • Feb 19, 2019 10:21am Feb 19, 2019 10:21am
Quoting Divergence
crappola day
Same feeling here. Zero entries for me.
  • #10,728
  • Feb 19, 2019 10:32am Feb 19, 2019 10:32am
+22 for the day. Missed a good one early. I skipped it cause i thought i knew better. Silly. Coulda been a +52 day. I tend to do this coming off of the weekends. Gotta work this out.
  • #10,729
  • Feb 19, 2019 11:30am Feb 19, 2019 11:30am
Quoting The Cableguy
{quote} I don't think so, at least not unless you pay for another account. I wanted to do so some time ago when i had opened a Transact demo alongside my AMP data, but i decided against it. I'm still playing around with settings, but seems like i've sorted out data and settings roughly right again this morning. I'm miles away from where i was 6 months ago. Gutted that i've got to get back up to speed at some stage, but my life is all about how to move on regarding healthcare from here! {image} It's nice to get to view some PA, but my life is all...
Stop thinking about trading bro and get well first and foremost!

it is possible to have many accounts and also have them linked (i.e. trade in one and copy to the rest similar to PAMM) with Sierra as long as all the accounts are funded with minimum amounts AND each account is subscribed to CQG. This was the case with AMP/CQG when I inquired which shocked me quite frankly. This industry is ripping off traders with 3rd party fees by forcing us to have multiple data feeds subscriptions! I am sure there are others who can offer better deal with increased trade volumes etc. but certainly doable in Sierra although I am not sure I would use Sierra for a PAMM type setup. Unless fully automated, it is just too cumbersome and painful to use Sierra! But it is an excellent platform for strategy design imo. A little buggy but nothing earth shattering that I cannot live by.
Staying in my lane...
  • #10,730
  • Feb 19, 2019 11:59am Feb 19, 2019 11:59am
Quoting VEEFX
{quote} Stop thinking about trading bro and get well first and foremost! it is possible to have many accounts and also have them linked (i.e. trade in one and copy to the rest similar to PAMM) with Sierra as long as all the accounts are funded with minimum amounts AND each account is subscribed to CQG. This was the case with AMP/CQG when I inquired which shocked me quite frankly. This industry is ripping off traders with 3rd party fees by forcing us to have multiple data feeds subscriptions! I am sure there are others who can offer better deal with...
no extra things trading with infinity
  • #10,731
  • Feb 19, 2019 12:37pm Feb 19, 2019 12:37pm
Quoting Divergence
{quote} no extra things trading with infinity
My last account was with, Infinity.
I had a short position filled (BRACKET) opened with 25 tick sl before FOMC, but price ripped through my sl was never triggered , then their so called risk manager supposed to close my position which never did, finally I managed to closed my position after 5 fucking attempts.
I know i shouldn't be trading at fomc... but 25 tick sl is not too tight for slippage. Which never happened with cfd brokers
Before that on many trades, when i closed in profit realised too much slippage, something not felt right.

May be it was just my experience.
on a postive roll...
  • #10,732
  • Edited 2:56pm Feb 19, 2019 12:49pm | Edited 2:56pm
Quoting Divergence
{quote} no extra things trading with infinity
Here's the reason why I personally opted against going with them. They have good support model, training, education, relationship mgmt etc but what they wanted me to sign, I said to myself "WTF"

Edit: Image deleted
Staying in my lane...
  • #10,733
  • Feb 19, 2019 12:52pm Feb 19, 2019 12:52pm
Quoting Rmg
{quote} My last account was with, Infinity. I had a short position filled (BRACKET) opened with 25 tick sl before FOMC, but price ripped through my sl was never triggered , then their so called risk manager supposed to close my position which never did, finally I managed to closed my position after 5 fucking attempts. I know i shouldn't be trading at fomc... but 25 tick sl is not too tight for slippage. Which never happened with cfd brokers Before that on many trades, when i closed in profit realised too much slippage, something not felt right....
hmm... this is alarming. SL should ALWAYS get triggered regardless of slippage as it is sent via market order unless it is a STOPLIMIT type attached order. STOPLIMIT will wait for price to return for stoploss to trigger but just a normal STOP attached order shold always get triggered. Is that not the case with Futures? What am I missing here? Do all brokers have this "risk manager" function ?
Staying in my lane...
  • #10,734
  • Feb 19, 2019 12:53pm Feb 19, 2019 12:53pm
Quoting Rmg
{quote} My last account was with, Infinity. I had a short position filled (BRACKET) opened with 25 tick sl before FOMC, but price ripped through my sl was never triggered , then their so called risk manager supposed to close my position which never did, finally I managed to closed my position after 5 fucking attempts. I know i shouldn't be trading at fomc... but 25 tick sl is not too tight for slippage. Which never happened with cfd brokers Before that on many trades, when i closed in profit realised too much slippage, something not felt right....
when you type in the address for infinity
650 W. Randolph St.
Chicago, IL 60661

This is what i get from google street:
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.jpg Size: 179 KB


When i type in address for AMP
221 N. LaSalle Street, 25th Floor, Chicago, IL 606

this is what i see:

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.jpg Size: 166 KB


so you basically been trading with a broker with a factory from 1900s as a headquarters....that's why bahahaha

01
  • #10,735
  • Feb 19, 2019 12:55pm Feb 19, 2019 12:55pm
Quoting VEEFX
{quote} hmm... this is alarming. SL should ALWAYS get triggered regardless of slippage as it is sent via market order unless it is a STOPLIMIT type attached order. STOPLIMIT will wait for price to return for stoploss to trigger but just a normal STOP attached order shold always get triggered. Is that not the case with Futures? What am I missing here? Do all brokers have this "risk manager" function ?
when the equity drops below certain amount, the preset risk manager algo supposed to liquidate the positions, Thats what i was told.
on a postive roll...
  • #10,736
  • Feb 19, 2019 12:58pm Feb 19, 2019 12:58pm
Simple brackets are a bit dodgy. Your stop is sent once the limit has been filled. If the price shoots through and there’s not enough time for that stop to be sent, you are screwed.
  • #10,737
  • Feb 19, 2019 12:59pm Feb 19, 2019 12:59pm
Quoting VEEFX
{quote} Here's the reason why I personally opted against going with them. They have good support model, training, education, relationship mgmt etc but what they wanted me to sign, I said to myself "WTF" {image}
don't trade with IBs..

stick with FCMS like dorman, phillip, amp etc.
  • #10,738
  • Feb 19, 2019 1:01pm Feb 19, 2019 1:01pm
Quoting Rmg
{quote} when the equity drops below certain amount, the preset risk manager algo supposed to liquidate the positions, Thats what i was told.
hmmm.. this is not the case with AMP. They will liquidate only with the account value drops below required margin i.e. under $500 per contract plus they cannot include fees and trading costs so even after a margin call, you could end up owing the broker. There is no negative balance protection in futures that I know of. please correct me if my understanding is offbase here
Staying in my lane...
  • #10,739
  • Feb 19, 2019 1:01pm Feb 19, 2019 1:01pm
Quoting Gmatrader
Simple brackets are a bit dodgy. Your stop is sent once the limit has been filled. If the price shoots through and there’s not enough time for that stop to be sent, you are screwed.
I guess yeah most likely
Attached Image (click to enlarge)
Click to Enlarge Name: tc.png Size: 9 KB
on a postive roll...
  • #10,740
  • Feb 19, 2019 1:06pm Feb 19, 2019 1:06pm
Quoting Rmg
{quote} My last account was with, Infinity. I had a short position filled (BRACKET) opened with 25 tick sl before FOMC, but price ripped through my sl was never triggered , then their so called risk manager supposed to close my position which never did, finally I managed to closed my position after 5 fucking attempts. I know i shouldn't be trading at fomc... but 25 tick sl is not too tight for slippage. Which never happened with cfd brokers Before that on many trades, when i closed in profit realised too much slippage, something not felt right....
infinity futures is not a cfd broker
9 traders viewing now