Bob has demonstrated the high probability profit potential of the Event Trading Technique in past videos. In this one he shows you how to make some SERIOUS money by increasing the number of contracts traded.
The nice thing about this method is that you can schedule your trading week ahead of time – a huge plus for those on busy schedules or who don't want to spend the whole day in front of their trading screens.
Bob has been an active independent trader since 1982. He provides one-on-one trader training services by accessing the client's computer over the internet while discussing live market behavior and intraday trading opportunities via phone or Skype. – www.PatternTrapper.com This demo uses the NinjaTrader charting and order entry platform. Learn how you can use NinjaTrader and a real-time data feed at no cost.
hey i love the way u trade and ur techniques. what platform and broker do u use? ive been studying the market for sometime but i would like to know what platform and broker i should use wen i start with real money/
Good Strategic, logical trading
I use both Tradestation and NinjaTrader for my own trading. Tradestation is its own brokerage. For NinjaTrader I recomend a broker to my mentoring client that offers us free live data. Call the number in the video for more details.
Nice trading. I can tell you from experience that the market continued much higher after you sold, didn’t it? Whenever you see a strong initial bull bar that undercuts the prior low and traps short traders like that one did on that double bottom you can be pretty sure the market will keep advancing. But hey hindsight is 20/20 right?
Excellent video on some serious stuff that can be actually planted and reaped for a good bounty … Thanks for sharing… !
What broker/platform are you using?
Ninja trader
good video
Can you tell me how much is one contract? I’m very new to this. Thank you.
Jenny Jenson are u asking how much notional value or margin cost? You can visit CMEgroup.com and get all those specs on all contracts, that’s where I started when I was new
A margin cost. Thank you.
Margin cost is set by your broker. Or I should say intraday margin is set by your broker overnight is same for all set by cme. I don’t think it should be a deciding factor because if you trade good you can make that much in a week to couple of weeks but for ym currently it’s around 4300 per contract. Hope that helps. In the beginning it can be intimidating which is a good thing cause futures are highly leveraged instruments
Hello ! Thank you, I intend to trade the dow. I have already traded Cac 40 and Dax 30. When 12140 has been reached and insofar as it didn’t pull back (or only slightly) , we could presume it could go further north , let’s say on the same range so 30 pts up to 12140 and then 30p again north reaching about 12170 . In fact, it did it . Then, at 12170 , when looking at the graph, we can count 3 up phases which is very often the signal of the end of an upward trend. Seemingly it did this too ! Maybe 12140 could be seen as the end of the up trend in the way that it had already visited this price several times … but you know when the gate ot a castle is being hit by a battering ram a certain number of times; finally it just bursts !
Hallo, great video. I would like you to do more for us who are new in trading. my question is how to set up the color graphic in the down left of your screen.
nice music
I need to watch this on constant repeat to learn what to look for. Great trade.
Hi there, Do you use Dow Tick to trade /YM or SPX Tick? Thanks
I use NYSE Ticks.
@Bob Hunt I don’t wanna turn comments into a discussion, may I please ask why do you use NYSE ticks instead of Dow Ticks? I won’t ask anymore questions, thanks so much.