EOTPROLive / EOTPRO / END OF TREND TRADING WEB LOG

Really dumb money. These people are thick!!

Dumb dumb dumb money

Download Dumb money

SPONTANEOUS EXPRESSION OF GRATITUDE...

Another wonderful email from a client...

"By Richard, August 26:

Only a room full of high-salary business people could produce a mission statement so worthless. Of course they meant well, but in the end they just didn’t know what they were doing. Unfortunately, when I talk to traders about what they want to achieve, I hear equally well-intentioned yet equally useless statements. My background in business helps me keep a straight face (figuratively, since the exchange is always over e-mail or instant messaging), but I’ve been meaning to write an article about this topic for quite a while.

Reading this compelled me to take this opportunity to say the following:

I have definitely been one of those, as an aspiring trader, to whom Richard refers. But I have also made MUCH progress in this game and...

I owe much of it to all of you, your knowledge and expertise as traders, your exceptional personal character, and especially your patience with quirky individuals such as myself.

That's the short story, but I wanted to take a moment to give credit where credit is due."

Thank you.

Sincerely,

Doug Wing

Ninja trader replay mode with EOTPRO

A lot of people have been wanting to practice their EOTPro trading in ninjatrader’s replay mode. Unfortunately, a few of our tick-by-tick indicators haven’t worked for replay, though. Well, I’ve finally had time to investigate, and with the help of one of our clients, I’ve made the adjustments needed for everything to work correctly.

Here’s a screenshot of Bill’s arrows, and the chopometer, etc, on replayed data:

Review on the day ES March 12 and the New Chop system development

Download Review on the day ES march 12

REVIEW ON THE DAY MARCH 4 AND MORE RENKO

Download Review on the day ES March 4

REVIEW ON THE DAY MARCH3 AND MORE RENKO

Download Review on the day ES March 23

REVIEW ON THE DAY MARCH 2ND AND RENKO

Download Review on the day ES March 2

Another Happy Client....

Granted this Client is still working on his plan, however by using a setup he is comfortable with and implementing Bill's methodolgy as a dual confirm to his own trading plan - he is finding some success with great happiness!

"HEY SHELLY :)
Ended the day with 15.75 points... 3 break even and no losers.  I missed a dozen good trades due to the phone.,,,
Yesterday I was up 7.5 points.. And keep this in mind... I'm a newbie with very limited skills..
But what is real cool is what Bill has taught me .. We always used one car and set our limit and stop on 2 points.... Now I enter with 2 cars take profit on one point and let the last one run. Bail the second the trade looks like it may go bad... Also I'm also (trying) to use Bills entry method..
Color trading (not the auto trader ) We use 7 entry levels.. with the indicators, now I can cherry picked every one of them. If this works out.. I will be able to place about 30 trades a day in any market condition...
You have no idea what this means to me...
What Bill and you have shown me so far and the indicators...
Its... "Every thing"...... I'm thinking I may have a chance at making it as a full time trader now..

I would love to tell the world you guys are for real... Not the "send the mega money" and trade the dots type scam...
What is most important is the fact that you teach us how to trade, not just use the awesome indicators.. the wisdom of why not to take a certain  trade is an invaluable lesson to a newbie trader..
My mentor has been trading for 20 years, he is a  highly successful scalper. He's studied under and is on a first name basis with Joe Dinapoli, T.H Murry, Nigel Hawkes just to name a few..
Bottom line.. he says your indicators paint an instant picture, Some thing he's had to do in his head on the fly using Volume spread annalists for many years now.. Hmm I don't even want to mention who referred him to EOT.  So Shelly you never know who is attending your trading room...You probably know the type, never says anything just kinda hangs around for a few weeks.. But one thing for sure.. So far the ones that my mentor knows... they were very impressed... 
 
PS... If I keep this up... your going to have about 7 new members in the room... And a few of them will be eating humble pie for "poo pooing" the indicators......"

 

 

 

REVIEW ON THE DAY FEB 26 AND RENKO ON NINJA

Download Review on the day ES Feb 26 and Renko

I review the indicators and the day on ES Feb 25

Download Review and I explain the indicators on ES Feb 25

Review on the day Feb 23 / 09

Download Review on the day Feb 23 09

Petition Against Washington's Double Taxation and Trading

To any traders and investors that wish to sign this petition against Washington's
Double taxation of our trades....profit or not.

They want to tax you per trade. They want to tax you even if you lose.

If this could affect your bottom line - sign!

http://www.rallycongress.com/no2tradertax/1536/tell-congres-to-block-trader-tax/

Renko on ninja today and range bars

Download Feb 19 final

REVIEW ON THE DAY, SORT OF, AND RENKO ON NINJA

Download Ninja renko wma

HOW TO ADJUST INDICATORS FOR OTHER MARKETS

Testimonial.... Client Feedback

i just want to say
 
i learnt more from Bill Dennis  in last few months  than i managed in last 3 years about trading...
 
well supported by the eotpro team
 
richard  shelly  glen.. 
 
5 star staff and company
 
 John C

INDICATOR LESSON SCHOOL RECORDING

http://eotpro.acrobat.com/p93841927/

This is Indicator Lesson Recording from January 15t.

Indicator Lesson Class from December 17th

http://eotpro.acrobat.com/p69113014/

My 30-day Trading Test from 2007

I wanted to post the link:

https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=53982&Page=21

This is where I started my 30-day Trading test (Go to 04/02/2007) where I started with 1 contract and by the end of 30 days I had earned 2 more contracts. I show chart pics of the trades as they happened and what, why, and how I was taking the trades.
This here is the perfect example of how the magic of Quantified Objective can earn you money, 1 contract at a time!

Indicator Lesson school Nov 6

http://eotpro.acrobat.com/p65877289/

Indicator lesson school Oct 24

http://eotpro.acrobat.com/p98777233/

New Stock Market Terms...

This was sent to me via Email - I thought it was funny and appropriate so I am sharing it with everyone here!

NEW STOCK MARKET TERMS

CEO --Chief Embezzlement Officer.

CFO-- Corporate Fraud Officer.

BULL MARKET -- A random market movement causing an investor to
mistake himself for a financial genius.

BEAR MARKET -- A 6 to 18 month period when the kids get no
allowance, the wife gets no jewelry, and the husband gets no sex.

VALUE INVESTING -- The art of buying low and selling lower.

P/E RATIO -- The percentage of investors wetting their pants
as the market keeps crashing.

BROKER -- What my broker has made me.

STANDARD & POOR -- Your life in a nutshell.

STOCK ANALYST -- Idiot who just downgraded your stock.

STOCK SPLIT -- When your ex-wife and her lawyer split your
assets equally between themselves.

FINANCIAL PLANNER -- A guy whose phone has been disconnected.

MARKET CORRECTION -- The day after you buy stocks.

CASH FLOW-- The movement your money makes as it disappears
down the toilet.

YAHOO -- What you yell after selling it to some poor sucker
for $240 per share.

WINDOWS -- What you jump out of when you're the sucker who
bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR -- Past year investor who's now locked
up in a nuthouse.

PROFIT -- An archaic word no longer in use

ALL ABOUT NINJA INDICATORS MOVIE

NINJA TRADER INDICATORS RELEASED NOW

http://eotpro.acrobat.com/p51413491/

Trade Live with Bill for a couple of hours OCT 6

Download live_trading_with_bill_oct_6.wmv

Review on the day OCT 2

Download review_on_the_day_es_oct_2_final.wmv

update on my account Sept 30

Please remeber for legal reasons I need to tell you this is all demo trading :)

4 hrs of live trading on ES with ME

Wins, losses, chop and trend.

Even bad jokes

http://eotpro.acrobat.com/p46897834/

Indicator school recording Sept 25

http://eotpro.acrobat.com/p37927330/

Daily Lessons 1-7 recapped from Nov 2007

Below are my Daily Lesson's start with the first link and follow through one at a time. This will help you formulate a trading plan from start to finish.

These steps are needed if you want to have any chance... organization is key. The last link is a helpful hint in regards to a trading journal!

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-l.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-1.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-2.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-3.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-4.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-5.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-6.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-7.html

http://eotpro.typepad.com/my_weblog/2007/11/daily-lessons-8.html

http://eotpro.typepad.com/my_weblog/2007/12/daily-lessons-l.html

http://eotpro.typepad.com/my_weblog/2007/12/helpful-hint1-a.html

NEW STUFF / NINJA / STOCKS recording Sept 11

http://eotpro.acrobat.com/p76287281/

My Favorite Indicators and other cool stuff you want to see

http://eotpro.acrobat.com/p60046780/

What the hell is your problem ?!?!!

Download what_the_hell_is_your_problem.wmv

Something a little different at indicator school Aug 14

http://eotpro.acrobat.com/p41183923/

Indicator lesson school recording July 31

http://eotpro.acrobat.com/p13617926/

Recording of indicator lesson school July 24

Richard shows off some of the Ninja indicators

http://eotpro.acrobat.com/p23758053/

Recording of Lesson School on July 17

Its all about volume and how important it is.

http://eotpro.acrobat.com/p17708498/

Indicator Class Tonight

Just a Reminder!

Indicator Class is... This evening in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/


EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

indicator lesson school recording July 10

http://eotpro.acrobat.com/p43015016/

Indicator Class Tonight

Just a Reminder!

Indicator Class is... This evening in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/ 

EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

Bid ask paint bar

As most of you know, I have experimenting with the bid ask indicator for a while now. It has become available to EOTPRO clients now and I think its pretty cool. As it is right now, it only works on Multicharts with E-signal data.

The bid ask looks at how many orders go off at the ask and how many go off at the bid. If more orders are going off at the ask the indicator moves up. More orders at the bid and the indicator moves down

Recently I changed it to a paint bar. I think it looks pretty cool on a 5 minute chart

the two moving averages are the 90 and 200 sma's

Also in the chart is the End of trend indicator with GVALU

Indicator Lesson school recording on June 26

http://eotpro.acrobat.com/p39925409/

Indicator Class Tonight

This evening
Indicator Class is on again... in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/

EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

Previous Page

Review on ES this week so far

Download review_on_the_day_es_june_26_final.wmv

Review on the day ES June 20

Download review_on_the_day_es_june_20.wmv

Indicator Class Tonight

Just a Reminder!

Indicator Class is... This evening in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/


EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

Review on the day ES June 19

Download review_on_the_day_es_june_19_final.wmv

Review on the day es June 16,17,18

Download review_on_the_day_es_june_161718_final.wmv

Richard talks about how to set up the arrows on a TS chart

http://eotpro.acrobat.com/p65085584/

Indicator Class Tonight - is CANCELLED

FYI:

Indicator Class will be Cancelled today June 12th 2008.
Classes will resume again next week at there regular scheduled time!