"Traders International" Is anyone on here using this system?

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sakura

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Registered: 04-2007

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Monday, April 16, 2007 - 11:09 am:

Gday,

Just wondering if there was anyone on here trading the Traders International Eminis system. Ive been paper trading with it for a while and it seems to be quite a good system, however the hours a tough living in Sydney. Would want to know if i can apply there methodology to the DAX? Any ideas?

wambam

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Monday, April 16, 2007 - 09:24 pm:

Hi Sakura

I attended a TI seminar (some six months ago) where a couple of people stated they had been trading the DAX with the TI system successfully.

wambam

sakura

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Tuesday, April 17, 2007 - 09:53 am:

Thanks for the response wambam,

Im looking to get the Dax feed on esignal added shortly to do some backtesting/forward testing, I think it will work nicely from my research so far. I work full time so the hours for the eminis arent the best unless i change my whole sleeping patterns, which im not gonna do.

cheers

wambam

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Tuesday, April 17, 2007 - 02:43 pm:

You should ask TI if they could develop an autotrader for some of their set-ups.

Be careful of TI's claim about only trading two hours a day and making a good living.
Intraday trading of futures is all about probabilities and being able to take advantage of them, in addition to position sizing so you don't get wiped out quickly. Oh, and did I mention the psychology (read up on Mark Douglas).

Good Luck. You can do it.

Wambam

sakura

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Wednesday, April 18, 2007 - 11:12 am:

Your right. From my paper trading I can't see how you could make a living with only 2 hours of trading a day because some days there simply isnt enough high probability signals and volatility in that time frame for this to work.

Its funny you say that i am just about to finish "The Diciplined Trader" Which I think was his first book.

Cheers

davkell

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Sunday, May 06, 2007 - 07:41 pm:

I just saw TI at the Adelaide Investor Expo. The presenter wasn't the one advertised (namely the CEO!) and he wasn't the best (or knowledgeable) presenters.

But to promote 5-10% returns daily is just ridiculous, and should be illegal. Just 5% daily of $1K not compounded is over 1800% annually!!!! Yea right!!!

And all this education for an easy $7K!!!!!! And only $250pm for the platform!!!

Who's making the money here then!!!

"Trade Your Way To Financial Freedom" - Van K Tharp

"Manage the downside; the upside will take care of itself" - Donald Trump

sakura

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Monday, May 07, 2007 - 12:02 pm:

Gday,

It does seem quite expensive for the package and you could argue that there are alot more high prob systems out there that are cheaper, but you do get what you pay for, the thing i will say in there defense is their support is second to none which includes live tutorials every night on the S&P and the Russell, daily recap videos and the level of coaching is of a very high standard in my opinion. The $250 a month is discretionary you dont have to use esignal and strategy runner as your platforms. I use infinity which is free and trade station which is $99 a month.

Back to the topic though, ive been playing around with the dax and the TI system, im using 110 tick charts and so far so good. Looks like i wont have to stay up all night to do my trading.

Sakura

wambam

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Tuesday, May 08, 2007 - 09:50 pm:

Hi Sakura

Out of curiosity, are you using one particular TI set-up on the DAX or a number of their set-ups?
How are you coping with the high volatility of the DAX (as compared to S&P or dow)?

Wambam

sakura

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Wednesday, May 09, 2007 - 11:01 am:

Hi Wambam,

At the moment im just using simple trend reversal signals to work out the most effective parameters in regards to exit strategy and stop loss. Like you said it, the Dax is very volatile (currently much more active/volatile than S&P)with very long candle sticks which made it hard to find clear stop loss targets etc. So ive been playing with 110 and 233 Tick charts and im fairly surprised by some of the profit. But its still early days and i still need to some more forward/back testing if i am going to use real money.

TI offer many types of different high probability setups all of which need a volatile market to operate at full potential. So the more active the market the more siganls i can find.

Exciting times....

Sakura

tfuad

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Saturday, July 14, 2007 - 01:13 am:

Hi Sakura,

The Dax is really good to trade. You may also wish to check out the DJ EuroStoxx 50 contract which is also traded on the Eurex.

TI uses mainly Div/Pivot type reversal trades which are valid, but sice the Dax trends strongly, you might consider the Turtle Trading style of trend following and position adding.

Best of luck!

Fuad.

davkell

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Friday, January 11, 2008 - 03:04 pm:

Sakura;

Thought I might drop in and check on how the year has been with your TI experience. Are you trading for real yet? Hows it all going?

What is your recommendation for anyone considering TI?

Cheers.

"Trade Your Way To Financial Freedom" - Van K Tharp

"Manage the downside; the upside will take care of itself" - Donald Trump

ingot54

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Friday, January 11, 2008 - 09:58 pm:

Hi Davkell

Maybe they're in the Bahamas ... looking for the guys who sold them the strategy!

Or maybe they're in the Bahamas ... living it up on the 1800% annual profits.

Seriously, I did a Google and added the word scam - seems there is some minimal stuff out there on that, usually posted by traders unable to handle the emotions aptly enough to succeed.

But I did not see enough positive stuff to warrant $7k + ongoing outgoings for the goings-on!

EDIT: I did a quick check and it seems none of the above participants in this thread have been around for many months ... in fact not long after the first post!

Agenda? Or genuine questions?

Hmmmmm!

(Message edited by ingot54 on January 11, 2008)

Keep Smiling - Don't look back

Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison

Never believe that a few caring people can't change the world. For, indeed, that's all who ever have ~ Margaret Mead

tfuad

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Friday, January 11, 2008 - 11:34 pm:

Hi Guys/Gals,

Sorry to say but AUD7k is too much to pay for what is essentially a Pivot Point/Divergence trading methodology.

There are much better deals in the market and frankly, Div/Reversals are not that consistent.

As for trading EUREX Futures, yes the DAX is nice and Volatile, but the Euro Stoxx50 and the Bund are both more liquid and are both tradable.

I personally trade the DAX and Euro Stoxx50 after the European lunch hour and then switch to the US Futures when they open.

I'd be happy to share my experience and thoughts for those who are interested.

Cheers!

Fuad.