Wednesday, January 18, 2017

Some updates related to KING

First, in case you did not notice it, KING is still being offered at a discount of $300 compared to its next price, which will be $1500.

Since I rarely update my e-mini futures site these days, I decided to keep the price of this fine futures day trading course for another few weeks beyond December 31st. That's a bit of tradition too when it comes to my business in that I tend to extend discounts I offer on my trading products, KING being the main of them. But I may not offer them every year.

Lets call this extended discount the Trump inauguration discount if only in jest. I just mentioned this on Twitter too (see the tweet below).
Second, I am finishing my work on KING indicators for NinjaTrader 8 and they will be released this month for sure, probably around January 25th. If you own KING and are a KING customer in good standing, you are entitled to purchase them. Being in good standing means simply not being in violation of any legal contract you agreed to honor when you purchased KING.

I am pleased to say that over 98% of my KING clients fall into this category.

The image below shows the NinjaTrader chart of YM, the Dow Jones e-mini futures market, the recommended market to day trade if you are the KING trader, but hardly the only one that KING can handle. The chart shows some color bars and dots (yellow and green), which are part of the 1 minute chart you use for trading with KING. Of course, there is more than that, more indicators, but those are hidden from the view. You get to see all of them if you are a KING client.

The indicators are very similar to the KING indicators for NinjaTrader 7 (see here for some images), but simplified a bit, perhaps nicer looking a bit as well. It took me 2-3 weeks to develop them, working a few hours a day, not every day, though. NinjaScript, a subset of C#, in which these indicators are written, has changed compared to NinjaTrader 8, so I could not just rewrite the code, but had to learn it anew in some cases.

Sunday, December 18, 2016

NinjaTrader 8 indicators for KING coming soon

As soon as as the first quarter of 2017, but probably even in January 2017.

The thing about NinjaTrader is that every major upgrade of it requires the developer to rewrite the indicators or strategies for this platform. That's not very convenient, to say the least.

Also, not very common in this business. TradeStation, MultiCharts, Sierra Chart and other similar charting packages do not require recoding. But since NinjaTrader is a very popular platform, probably more than most, you are just bound to do it.

Speaking of KING, an e-mini futures day trading course, I am still offering it at a holiday discount. In January 2017 or perhaps when the NinjaTrader 8 indicators are released, its price will go up to $1500.

Also, the KING trading forum has been moved to a new permanent domain and will soon be reopened. Hopefully, it will become the best e-mini futures trading forum around.

Saturday, December 03, 2016

KING's Christmas Holiday Special

Only $1200, so that's a generous 20% discount as the regular price is $1500 now. Good until the end of 2016.

It's the last time I am offering this excellent e-mini futures day trading course at this price simply because I am very busy with other things and spending very little time on marketing this year. I have also been forced to spend more time on fighting criminals of various stripes over these past 12 months, usually Putin's "patriots," or Russian lowlifes.

Last year there was no holiday special and I doubt it will be one next year.

You can find out more about KING in this section of my site. It's pretty rich, so perhaps you should check out this recent article about how this trading course differs from other products of this type on the market. Or why to choose it.

You can also check out this article about KING's trading philosophy.

And don't forget to check out my Twitter media feed where you will find over 1,800 trades posted in near real-time over the past 3 years or so. Not many traders let alone trading vendors can boast of this kind of track record. For rather obvious reasons. Even more is on my site in the results sections - yes, there are several of them.

Wednesday, November 09, 2016

If you are a KING trader, you win even when Hillary loses

The markets did drop quite a bit at night, as I had anticipated (see my earlier posts), and I was tempted to trade Dow Jones e-mini futures (YM), my favorite trading vehicle, on this post-election day after Donald Trump's victory starting the very night after.

I could not fall asleep and I am a night person, anyway, which also explains why I rarely trade before the noon EST (9 AM my time). Yes, I need to get some sleep - if you go to bed at 1-2 AM at the earliest, getting up before 9 AM is not that appealing. It's not always so, but quite often. Probably too often for my own good, but that's one of those habits that are just impossible to break.

I took 7 trades at night, then 18 more during the day. Not a bad trading session overall, as you can see from my last tweet today featuring my trading results. Notice that I did not use more than 4 contracts per trade, which I like to refer to as classical KING trading. You don't need a big account to do well with KING.

So how's your trading "teach" doing these days? If I may ask.
KING, an e-mini futures day trading course, based on the methodology I use for my trading, is still only $1,400.

The people are pissed off and Trump wins

I am politically independent with a libertarian bias, so I did not have a dog in this fight, as I have said first two months ago and repeated it lately somewhat sarcastically. Both major candidates were badly flawed and that's about the only thing that most Americans truly agreed on according to the polls.

But, as I have said in my last post, I was hoping Hillary would win, though I was not absolutely sure. She was a safer candidate, more predictable, more mature.

As someone who leans libertarian, I find Trump scary. I hope he will not do much damage to this country, but people who think that Putin, an authoritarian that has been in power for over 16 years either as the Russian president or prime minister, is a cool dude, are either confused or dangerous. And what's worse, not only Trump thinks so, but so do his supporters (see the image below).

Americans have no experience with authoritarians, but Europeans do. Since I was born and raised in a European country that for many decades was under communist rule, I may have more appreciation for civil liberties than those who have been taking them for granted for over two centuries.

America, this beacon of liberty, has elected for President the man who finds Putin worthy of praise and perhaps emulation. I am afraid "that's not going to be good for anybody."

But he may as well turn out to be a good president. Let's hope so. And I wish him success.

Democrats have no one to blame for this but themselves. Just as they were blaming Ralph Nader for the Bush's victory in 2000, now they are trying to blame Jill Stein for that (see the tweet below). They seem to persist in denial. That's not very inspiring, to say the least.
As I said in my last post, the markets, e-mini futures first, would tank if Trump were to win, which they did during the election night, though may stage a rebound during the day.

Monday, November 07, 2016

Another Brexit-like event?

The US presidential election is only a day away, on November 8th, and it will have serious financial consequences in addition to political ones. Not only to the US but to the rest of the world as well.

The Wall Street crowd is expecting Hillary Clinton to win, and stocks have rallied today signalling that the odds of her presidency might have improved after she had again been cleared by the FBI of any wrongdoing in an e-mail scandal, the investigation into which has been going on for many months now.

But the race is very tight, so her win may turn out to be totally illusory leading to a Brexit-like crash in the stock markets across the globe after the election night, just as was the case after the Brexit referendum (see the tweet below).
I don't think this will be the case.

I expect Hillary Clinton to win and the markets to rally, but I could be wrong just like anyone else. In fact, like many, I was expecting the Remain side to win the UK referendum on staying or leaving the EU, because I honestly did not see the point in leaving.

And I still don't. While many try to rationalize this, I think it's pointless because the irrational behavior cannot be rationalized. Voters can be as irrational as traders or investors often are.  Reason is highly underutilized by most members of our species.

Hillary Clinton is a flawed candidate, as I said on this blog not long ago. In some ways perhaps even more than Donald Trump. But she is also more predictable, more mature, and so more acceptable to investors because if there is one thing that markets don't like it is uncertainty which can be a drag on business and economy.

Still, if you are a trader you can make money trading such events. Especially using tools like KING that are well suited for more volatile trading environments.

Friday, November 04, 2016

Manifesting abundance Maria Bamford's way

Maria Bamford is an incredibly funny comedienne.

Yet, not particularly well-known. I have discovered her only this year. She is certainly more original, more entertaining than many of her colleagues in business.

Here's a piece of her monologue that I found particularly funny. It starts ca 17:15 time mark and it's about using a vision board to manifest abundance. Or something.

The whole thing is worth listening to, if you have time - it's about 50 minutes long.

Sunday, October 30, 2016

Useful quotes for traders and not only

A week or so ago I tweeted a quote from a well-known philosopher and psychologist, Erich Fromm.
This squares nicely with the theory of positive disintegration by a Polish psychiatrist, Kazimierz DÄ…browski, which views tension and anxiety as necessary for growth.

A few hours later, I also tweeted a link to one of the articles on my site dedicated primarily to day trading e-mini futures that features quotes that many a trader or pretty much anyone else would probably find useful.

I just updated this article with some more quotes, one featured on this blog when 2015 started and the one by Mr. Fromm. And also one by Richard Feynman, a famous theoretical physicist and Nobel Prize winner.

It may be a good idea to re-read these quotes from time to time, especially when you are stuck in life or in your business that may or may not have anything to do with trading.

Or during a crazy presidential election campaign when you can't make up your mind which of the main candidates is a lesser threat to the society at large. In which case, voting for Cthulhu makes so much sense. Because why settle for a lesser evil.