Thursday, July 31, 2014

Right Line Trading 7/31/14 Trading Review

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Today was another great day of trading. We had 4 winning calls in the room but I was only able to catch 3 of them. I'm a bit disappointed in the last trade in the video because it should of been a huge winner but I made a mistake with the placement of my stop. Even still another winning day. So far this week every day has been a winning day, yesterday the first trade we took was a loss followed by 4 winning trades. Also today is the last day of the month so my testing period is completed. Ill be doing a final review in the next few days. To get your free trial of the trade room and indicators simply send Leo an email to info@rightlinetrading.com and let him know your from empireambition and you'd like a free trial of the trade room and indicators and he will set you up. For more details on rightlinetrading visit this post: http://www.empireambition.com/2014/07/right-line-trading-intro.html










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Wednesday, July 30, 2014

7/30/14 +$31.25 (US Advance GDP)

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Well todays trap trade was a success but it took some time for it to hit our take profit order. This used to be one of my favorite releases so I made sure I would be able to be home to take this trade. Lately news has been causing the markets to whipsaw more often so the trap trade has proven to be very useful in the current market. Several people have asked me when ill continue recording the news trades, once my testing of right line concludes ill start again. My goal here is to test different systems so that people can make an informed decision about which programs are right for them. (To test JOBB for yourself CLICK HERE)

 

Monday, July 28, 2014

Right Line Trading 7/28/14 Trades Review

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Today was an interesting day for me, I was finally able to get my trailing stop to work properly and I caught it on video. This video isn't very long but I showed the settings I used and we also got to see the trailing stop in action. To get your free trial of the trade room and indicators simply send Leo an email to info@rightlinetrading.com and just let him know your from empireambition and say you'd like a free trial of the trade room and indicators and he will set you up. For more details on rightlinetrading visit this post: http://www.empireambition.com/2014/07/right-line-trading-intro.html







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Thursday, July 24, 2014

Right Line Trading 7/24/14 Trades Review

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Today was a very long day which resulted in a very long video. Lots of trades with a mix of winners and losers. When it was all said and done we ended up with a small profit for the day. I hadnt planned on recording any videos this week but someone in the chat room asked me to so I wanted to oblige their request. I was also able to answer several questions in the video that i've got from people. The first was can you pick how many contracts you trade? The answer is yes and I gave examples of that today. The second question was can I just join the trade room and enter the trades manually myself? The answer again is yes and I went into details in the video. This week has been really choppy and we took a few losers today. The first 2 weeks of this month were extremely good so we had to expect to hit a rough patch sooner or later. That's the nature of trading and there's no getting around it. If you have any questions just send me a message. To get your free trial of the trade room and indicators simply send Leo an email to info@rightlinetrading.com and just let him know your from empireambition and you'd like a free trial of the trade room and indicators and he will set you up.



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Friday, July 18, 2014

Right Line Trading 7/18/14 Trades Review

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Another winning day to end a great winning week. I was able to get to my computer much earlier today but I still missed the first trade of the day, from what i've seen the first trade usually comes in between 9am and 9:20 and I arrived about 10 minutes later. Today we had 2 trades both of which were winners. The trade I recorded was a bit longer than most trades last but its Friday and the markets moving slower overall so I cant really complain. I also answered an email that I got in the video as well. A good end to a good week. To get your free trial of the trade room and indicators simply send Leo an email to info@rightlinetrading.com and just let him know your from empireambition and you'd like a free trial of the trade room and indicators and he will set you up.



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Thursday, July 17, 2014

Right Line Trading 7/17/14 Trades Review

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Today was a short day. I wasn't able to get into the market until around 10:40. For those that don't know I work in a group home with handicapped and autistic kids and my work schedule is very random and changes a lot. Lately my mornings haven't been free so im not able to catch a lot of those early trades. The good thing is I was able to show you guys Mark entering a trade on my chart today which was the primary focus of this recording. I wasn't in the trade room for half of the video because I didn't want to have to talk over Mark which is what happened in the last video, Not being there made the video easier to understand I think. Lastly I showed you guys how you can get a free trial to the trade room and their indicators. There is no free trial for the direct entry software or the auto trader because they have to setup a data feed between their server in Chicago and your computer. To get your free trial of the trade room and indicators simply send Leo an email to info@rightlinetrading.com and just let him know your from empireambition.com and you'd like a free trial of the trade room and indicators and he will set you up. I've already sent a few people and they had no issues getting setup as I've already discussed this with Leo.



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Tuesday, July 15, 2014

Right Line Trading 7/15/14 trades Review

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As promised here is a video of my Right Line direct entry trading day. My recording software wouldn't work this morning on the first try but it did start working again after my fourth attempt. Even tho I missed part of the day I figured uploading something is better than uploading nothing so I hope you guys still enjoy it. Its a bit odd trying to record and talk while Mark is talking in the trade room so I wont make a habit of recording like this but I really want you guys to see at least 1 full day, hopefully ill get that Thursday or Friday. Anyway that's it for now, for more information on Right Line please visit this post: http://www.empireambition.com/2014/07/right-line-trading-intro.html 



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Monday, July 14, 2014

Right Line Trading Intro

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I've been asked several times if I know of a good auto trading software for the futures market and after going thru several I've found one that I believe is worth the money. The name of the company is Right Line Trading. Ill record a few videos later in the week so you guys can see how im profiting with their direct entry software. (*update*The 2 charts on this page don't show the daily trades taken for past months so for those that have asked to see the daily trades for May and June please visit https://www.youtube.com/channel/UC8fWqkN-5uwPhFkxJPbPBgQ/videos  you can go back to January 2014 or further if you like.)(*update 2* If you want a free trial of the trade room and indicators send an email to info@rightlinetrading.com and simply let them know your from empireambition and that you'd like a free trial of the trade room and indicators and they'll set you up. I've already cleared this with Leo so you shouldn't have any problems. There are no free trials for the auto trader or direct entry software because they have to setup a data feed between their server in Chicago and your computer which takes a bit of time.)

Direct Entry:
Right Line is unique in that it offers not only the auto trade software but also a direct entry software, meaning whatever trades their professional trader takes while manually trading will be entered into your trading platform as well. I've been using the direct entry software and i've had a great experience, plus I can learn and ask questions while a professional trades for me. Below is the Direct Entry Software's performance for 2014, Today, 7/14/14, we had 4 trades and all 4 were winners: (click pic to enlarge) 



Of the last 18 trades, which includes today's 4, 16 were winners with only 2 losers. I also like the fact that they stick with trades that have a very high predictive value of success. In other words they trade very conservatively and stick to trade setups their familiar with which have a high win rate. Of the different companies that I considered Right Lline produced the most profit on a monthly basis. The others were netting $1,000-$1,500 per month trading 3-4 contracts and Right Line was able to bring in double or triple that most months. 

Traded Instruments: 
When trading they focus on 3 markets, the TF, GC AND CL. They only take 1 trade at a time which I prefer, meaning if their in a CL trade and a setup happens in the TF they will simply focus on the CL trade and skip the TF. This is important to me as I wouldn't feel comfortable being in multiple trades at once. 


Auto Trader:
Many of you will be interested in the traditional auto trader software. Their auto trader uses a different system than the Pro who provides the Direct Entry signals. Right now the last 8 trades have all been winners. Even tho it is an auto trader I would still suggest that you always monitor it. You wont want to have it active around news time or right at the market open. Treat the auto trader as an employee, set it on its task but oversee its performance. Below you will see the auto traders 2014 performance not including todays, 7/14/14, winner: (click pic to enlarge)



Customer Support:
Their customer support has been great. When I have questions I just give them a call and they answer any queries I have. I also get responses thru email usually within the hour. When I got started I wasn't familiar with direct entry and I assumed getting setup would be difficult but it was extremely easy and they even offer a tutorial. Ill do a video on this so everyone can see how easy it is. Your also able to ask questions in the trading room at any time. They do a wrap up and go over the trades once they finish trading for the day which has been extremely beneficial. The Direct Entry and Auto Trader are both good systems I just chose to start with the Direct Entry as it takes more trades and it also gives me the opportunity to learn their system from someone who actually trades for a living. 

Conclusion:

RightLine offers several different products including their order flow exact entry software, the live trading room, the auto trader and of course the direct entry software. I have been following rightlines direct entry method for about 40 days now and it has proven to be consistently profitable and worth the money in my opinion. I would recommend the auto trader for those that dont want to be in the trading room and simply want to be up and running as quickly as possible. If you want to learn the system yourself you could simply buy or lease their order flow software and bypass the direct entry and auto trader all together and simply trade yourself. I would personally do at least 1 month in the trading room to get familiar with everything.

Its important to feel comfortable with any system you start trading and that only comes with time and familiarity. At this point im comfortable letting Mark trade for me as I've seen his abilities and I trust them. I plan to record a few days so you guys can see how everything works. Its just bothersome trying to record while in the trade room as he's usually talking and so i'd be talking over him in the video. Ill figure something out tho as I really want you guys to see how i've been profiting with this. 

Lastly if you have any questions on anything feel free to shoot me a message or contact Leo directly at info@rightlinetrading.com or visit their website at www.rightlinetrading.com. After you do your research if your interested in signing up, those that use my links below will get skype support from me where ill answer any questions you might have. Again if your interested after your research you can sign up below. Videos coming soon. Thanks
 
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Friday, July 11, 2014

7/11/14 +$75 (WASDE)


This trade isnt on forex factory so if you want to keep up with it visit www.usda.gov and click on agency reports to the right under popular topics. You'll get all of the agricultural news releases there. For this trade we were able to take $75 from the market today, there was a small initial move but we held for continuation and in short time the take profit was hit. We could of made more but after such a small initial move I moved my take profit up. Better safe than sorry. (To test JOBB for yourself CLICK HERE)

Tuesday, July 1, 2014

7/1/14 +$37.50 (ISM Man. PMI)

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This isn't typically a big mover but often gives a big enough move to take 10 or more ticks from the market. This time we had a pretty small deviation and so this created an equally small move. I immediately moved my take profit down and was able to get it hit. After 5 minutes the market did continue moving up in my direction so my original take profit would of eventually been hit but I figure better safe than sorry. (To test JOBB for yourself CLICK HERE)