yes 24kau, the amazing thing is the KISS charts work for
anything. Heck yesterday evening I trade SI silver futures for fun
on 3, 2, 1, 30 second charts and and same exactly signals work.
I tried it with CL crude oil, EURUSD, Forex, gold futures, US
Dollar futures, Euro50 futures, bond futures, it didn't matter, the
exact same chart settings using the same methodology
works
Also looks like we might have been approved finally by
Tradestation.
How I envision that to work: you guys lease the indicators
through the TS Network, I then give you my workspaces and we all do
group zoom meetings where I show you how to use them.
you will then have a set of charts and rules that you can then
apply to anything you want
nope not yet. And thanks for the comments, yes I tried to
build a lot of simple rules and disciple into this. The
combination of the indicators and time frames seems to just work
astoundingly well and is clean and simple to see. It will be
fun once many of us have these same charts and are looking at the
same thing, I'll do live Zoom meetings/teachings of course, but
most of you already get the gist, the rules and methodology are
simple and logical.
and to Matt's point, that's not enough do-re-mi for normal
trading activity anyway, but I was looking to avoid the fees, then
I think there's activity minimums as well.
It wasn't the dollar amount that was the issue--with more than
one trading account/service, you have to consider tax statements
and downloads of trading data for tax returns and on and on.
Having all that with one account/service just makes all that
easier (yes, I do my own taxes, and yes, I hate it).
Hey Matt, please don't let this discourage you. I will be
more than happy to pay the $99/mth fee to have access to the BPTMA
on TS, along with several others I am sure...
Thanks, and keep pushing the team at TS to get this going.
It's $99/mo for the platform. What I'm going to do when Matt
says everything is ready is pay the $99, download the platform,
trade with the indicators for a month using my TDA brokerage
account, evaluate how I did, then decide if I want to open a
brokerage account with TS, or continue paying the $99/mo to just
use the platform. Open a brokerage account with a minimum deposit
of $2K and the platform is free:
https://www.tradestation.com/pricing/ Might be
some minimum trading requirement as well not sure about that
unclear what you mean. 2K for privilege? You need a TS account,
you can just play for the platform software and not open an
account, but that way I think it's 100 month. Why not just
open a trading account and do trades there then the platform is
free. I don't know what you mean but 2K, maybe that's the min
required to open a trading account, but what serious trader or
investor is only putting 2K into a trading account, come on.
I opened a trading account back in 1995 when I was still in
College, that was all I could afford, again I have have no idea
what that 2K for privilege means. Otherwise the facts are you
can either just play for their platform without opening an account,
or actually open a trading account and deposit money into it and
get those fees waived by doing some trades.
again think of it like you're a carpenter, you need to buy a set
of tools in order to do your job, can't you say I want to be a
carpenter but I don't want to buy myself a set of tools.
Matt--thanks. Substitute "advantage" or "benefit" for
privilege. And I completely agree with you on all points, I
was just trying to keep all my trading in one place, but it's a
minor adjustment to make for the benefit (privilege) of getting the
new DVT charts.
I'm ready when you are. For starters, what "level" of
membership will we need with Tradestation (assuming there are
levels, I don't currently have an account with them)? I can
get started with the membership if this is really close to
access.
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yes 24kau, the amazing thing
some preliminary daily SPX DVT stats
Posted by matt on 14th of Aug 2020 at 11:48 am
yes 24kau, the amazing thing is the KISS charts work for anything. Heck yesterday evening I trade SI silver futures for fun on 3, 2, 1, 30 second charts and and same exactly signals work. I tried it with CL crude oil, EURUSD, Forex, gold futures, US Dollar futures, Euro50 futures, bond futures, it didn't matter, the exact same chart settings using the same methodology works
Also looks like we might have been approved finally by Tradestation.
How I envision that to work: you guys lease the indicators through the TS Network, I then give you my workspaces and we all do group zoom meetings where I show you how to use them.
you will then have a set of charts and rules that you can then apply to anything you want
Any idea what the cost
Posted by timebandit on 15th of Aug 2020 at 02:55 pm
Any idea what the cost will be to lease the indicators?
nope not yet. And thanks
Posted by matt on 15th of Aug 2020 at 05:51 pm
nope not yet. And thanks for the comments, yes I tried to build a lot of simple rules and disciple into this. The combination of the indicators and time frames seems to just work astoundingly well and is clean and simple to see. It will be fun once many of us have these same charts and are looking at the same thing, I'll do live Zoom meetings/teachings of course, but most of you already get the gist, the rules and methodology are simple and logical.
Hm, I don't want to
Posted by 24kau on 14th of Aug 2020 at 12:00 pm
Hm, I don't want to trade through them, just use the charts. Looks like it requires a $2K deposit for the privilege?
24kau, not sure where you
Posted by hoek2 on 14th of Aug 2020 at 12:38 pm
24kau, not sure where you saw that it requires $2K deposit. Pretty sure you are mistaken
and to Matt's point, that's
Posted by 24kau on 14th of Aug 2020 at 12:41 pm
and to Matt's point, that's not enough do-re-mi for normal trading activity anyway, but I was looking to avoid the fees, then I think there's activity minimums as well.
If you want to avoid
Posted by 24kau on 14th of Aug 2020 at 12:39 pm
If you want to avoid the $99/month fee, the minimum deposit for a trading account is $2K.
yes, but don't you need
Posted by hoek2 on 14th of Aug 2020 at 12:45 pm
yes, but don't you need money to trade? The deposit is not lost, you then use that $2k to make trades....
if you don't have access to $2k worth of capital to trade I am not sure how you expect to make trades?
It wasn't the dollar amount
Posted by 24kau on 14th of Aug 2020 at 12:48 pm
It wasn't the dollar amount that was the issue--with more than one trading account/service, you have to consider tax statements and downloads of trading data for tax returns and on and on. Having all that with one account/service just makes all that easier (yes, I do my own taxes, and yes, I hate it).
Hey Matt, please don't let
Posted by hoek2 on 14th of Aug 2020 at 01:33 pm
Hey Matt, please don't let this discourage you. I will be more than happy to pay the $99/mth fee to have access to the BPTMA on TS, along with several others I am sure...
Thanks, and keep pushing the team at TS to get this going.
It's $99/mo for the platform.
Posted by craigm on 14th of Aug 2020 at 12:35 pm
It's $99/mo for the platform. What I'm going to do when Matt says everything is ready is pay the $99, download the platform, trade with the indicators for a month using my TDA brokerage account, evaluate how I did, then decide if I want to open a brokerage account with TS, or continue paying the $99/mo to just use the platform. Open a brokerage account with a minimum deposit of $2K and the platform is free: https://www.tradestation.com/pricing/ Might be some minimum trading requirement as well not sure about that
Sounds like a great plan.
Posted by 24kau on 14th of Aug 2020 at 12:36 pm
Sounds like a great plan.
unclear what you mean. 2K
Posted by matt on 14th of Aug 2020 at 12:26 pm
unclear what you mean. 2K for privilege? You need a TS account, you can just play for the platform software and not open an account, but that way I think it's 100 month. Why not just open a trading account and do trades there then the platform is free. I don't know what you mean but 2K, maybe that's the min required to open a trading account, but what serious trader or investor is only putting 2K into a trading account, come on. I opened a trading account back in 1995 when I was still in College, that was all I could afford, again I have have no idea what that 2K for privilege means. Otherwise the facts are you can either just play for their platform without opening an account, or actually open a trading account and deposit money into it and get those fees waived by doing some trades.
again think of it like you're a carpenter, you need to buy a set of tools in order to do your job, can't you say I want to be a carpenter but I don't want to buy myself a set of tools.
Very well said Matt !
Posted by iaranger on 14th of Aug 2020 at 01:45 pm
Very well said Matt !
Matt--thanks. Substitute "advantage" or "benefit"
Posted by 24kau on 14th of Aug 2020 at 12:35 pm
Matt--thanks. Substitute "advantage" or "benefit" for privilege. And I completely agree with you on all points, I was just trying to keep all my trading in one place, but it's a minor adjustment to make for the benefit (privilege) of getting the new DVT charts.
and plus you do not
Posted by hoek2 on 14th of Aug 2020 at 12:40 pm
and plus you do not have to trade on TS, just use the chart, like using Stockcharts for example.
I'm ready when you are.
Posted by 24kau on 14th of Aug 2020 at 11:50 am
I'm ready when you are. For starters, what "level" of membership will we need with Tradestation (assuming there are levels, I don't currently have an account with them)? I can get started with the membership if this is really close to access.