Great interview hope he’s doing well these days, might see him in chat! Learned a lot listening. Great story!
@renanmarostica8885
Жыл бұрын
By far the best interview about trading on youtube !!!!
@BlackJesus8463
4 жыл бұрын
Thanks for getting this up so quick. I wanted to be there but I owe my future self massive amounts of screen time.
@satoshigerbil8789
4 жыл бұрын
Thanks for explaining live trader
@vrj0
3 жыл бұрын
very insteresting! I watched the whole video, very inspiring! One question I have. When you win 1k$ a day, how much do you risk to loose at the maximum? Whats your stake per day?
@BrianMacocq
4 жыл бұрын
Just my 2 cents, but I see a high correlation between the MAE / number of contracts and the time spend a trade, a trade that then results in a small profit. That doesn't seem to indicate you cut your loses but instead average down and maybe trade in and out of some contracts to eventually get a small profit. Are you not worried that one of those trades might result in a "blow up my account" kind of trade, like you mentioned?
@kunou4527
4 жыл бұрын
Your question has me wondering if Journalytix is smart enough to aggregatge those kinds of trades and track the flat-to-flat theoretical average and flat-to-flat MAE/MFE.
@907Blademan
5 ай бұрын
@@kunou4527is this why at 56:16 top line you gain 18 ticks with 3 cons and only make $16.12? Just not sure how how you didn’t get $12.50*3 at 18 ticks in us the $3.96 commission but only shows $16 profit. I get working into full position in an area and using last con to get out at smaller loss or break even if wrong or hitting a max loss if continues against you but averaging down with no limits for each entry or the total always leads to large outlier losses for me. Like he say, I still struggle with this myself from time to time. And as we know it only takes one time to either damage or destroy a lot, and ridiculously quickly too!
@GuidoSleddens
4 жыл бұрын
congrats! incredible results. Do you think it has to do with market conditions or is it consistent?
@peterdavies8568
4 жыл бұрын
Time will tell - but he's trading small ranges, which should in theory be more difficult in volatile conditions.
@satoshigerbil8789
3 жыл бұрын
Your explanation really helped me trade and ground things... thank you. Especially playing the range...
@jkoresh5483
3 жыл бұрын
Oh my goodness, I laughed my Ass off when he said "Get rid of the stuff you have on your computer and get the ORDER FLOW".... i take your words and cleaned my PC :D. No more TOS, WEBULL, and not to mention the moving averages and the hundreds of the useless indicators.
@mason6211
3 жыл бұрын
How are you doing?
@MrFreeze79
Ай бұрын
Can't we trade off the Dom when we bridge ninjatrader to jigsaw?
@KanadaProud
3 жыл бұрын
Fantastic guys 👍
@HitAndMissLab
8 ай бұрын
I'm not so sure about his risk management strategy. She lets a trade go 30 points ( or ticks ? ) against him, only to take 2 points profit. What if trade goes long way against him and his account gets completely wiped out?
@907Blademan
5 ай бұрын
30 points but you look at what he stands to lose and it’s not even what he regularly makes in one day, and it’s not often, and probably just mitigating a loss at a smart key area you’d likely see a retrace back to nearer BE. It can go sideways if you’re not prepared to stop out on your last add though for damn sure. It can be trading around a core though, why the first entry is small or 1 con for ex
@michaelxz1305
4 жыл бұрын
when Steve says he doesn't trade the open, what is the open exactly? first 30 minutes? first 20 minutes? first 5-10 minutes? first hour?
@kunou4527
4 жыл бұрын
It's roughly the first hour, when the initial balance is formed. Although, Steidlmayer always said it can depend on the instrument.
@jonnygarbe5720
3 жыл бұрын
Epic Steve!
@ResidentCreator
3 жыл бұрын
Is there a way to contact Steve?
@julioc4978
4 жыл бұрын
Great story, keep it up
@jigsawtrading
4 жыл бұрын
We will!
@michaelxz1305
4 жыл бұрын
I don't know why Pete complains about his own accent, to me he sounds like David Tennant.
@HANYOLOO
4 жыл бұрын
What Technical indicator does he lay over?
@impulse8188
4 жыл бұрын
Whats the name of the tradovate indicator?
@mrweddingspeech151
2 жыл бұрын
So how is Steve doing these days (Feb 2022)??
@MrFreeze79
Ай бұрын
how about in 2024? i dont see steve in the chats. the chats in jigsaw are like a ghost town.
@ebertmahon8939
4 жыл бұрын
Great content and great insights from a growing successful trader. I hope to accomplish the same thing, all new to me.
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