best futures for intraday trading

Discussion in 'Index Futures' started by con2rol, Oct 9, 2007.

  1. I think he is allowed to talk about Felton since he advertises at ET...
     
    #41     Oct 26, 2007
  2. I've sat in on the Felton room, and am not convinced that things are as they are portrayed. Roger makes statements like "Ooh,look at Otto, he's up over 10 points so far," but no information is ever given to the room audience.

    Also, Roger likes to say things like, "wow, that sure was a great trade, and great fill." These trades are of course taken on a sim account, with no previous indication that a trade was going to be made, and most of his trades seem to curiously get great fills at damn near the best possible price.

    Having been around a long time, things like this make me awfully suspicious. His room and ideas are certainly interesting, but seems to good to be true. Heck, I could have a great record and start a room if I could post my trades after the fact. Until Felton starts mentioning trades in real time, be forewarned.
     
    #42     Oct 30, 2007
  3. I would suggest the best futures are the one where you have an edge with. No point trading something just because its fashionable.
    In terms of the practicalities, i suggest EZ is the best in terms of liquidity and fills.
     
    #43     Oct 31, 2007
  4. When you have a system that is now fully automated and is shown LIVE operating in the room on many occasions a day, I do not know what more you could ever have to see to believe something. Roger does an excellent job of training, answering questions, and calling out trades..I do not see anyone in the room complaining about what you are talking about.
     
    #44     Oct 31, 2007
  5. Oh, so all of those perfect trades were not taken on a simulator then, correct?
     
    #45     Nov 1, 2007
  6. No Roger does not take every trade, how could he when he is teaching and answering questions constantly. If you spent any proper time in the chatroom you would see that taking every trade is not needed at all. "Otto" is taking all the trades though and he is doing very well.
     
    #46     Nov 1, 2007
  7. You don't really need to attack me. I am not the one trying to claim that I have the perfect system. I just felt that I should point out to some of our less seasoned traders on this site that the trades they may be witnessing are not actual trades. And for your information, during the time I spent in that room, I never saw one trade placed on anything but a simulator, and I never heard one trade called in real-time. All trades were posted at least after the fact. This makes it somewhat difficult for anyone with any experience to have confidence in the methods. I'm not saying that Roger and his methods are not valid (not at all), but there are certainly ways to increase confidence and validity for his methods.
     
    #47     Nov 1, 2007
  8. No one is attacking you, but to make statements like none of the trades were live is just totally lacking in fact. Actually, Roger is frequently telling us about signals well before the candle even completes as a heads up..when someone UNDERSTANDS the system they have no problem getting into these trades as the candle completes per the exact rules.

    Roger's method is very easy to trade imo when you have learned the method..took me about two weeks to learn all the entries. See the difference between you and me, is that I learned the system and I know exactly when to get into trades..I don't wait for Roger to tell me when. You do not have the proper skill set and knowledge of the system yet, so I can understand why you are not able to keep up to speed with us in the room. So how much total time in hours did you spend to evaluate the method? Also, what do you trade and what is your current style/method?
     
    #48     Nov 1, 2007
  9. ES is Best!! Lots of Liquidity requiring few more trades than some others IMHO.

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    Good trading to you!
    GT
     
    #49     Nov 4, 2007