Frequently Asked Questions


MARKETS & INDICATORS

What instruments do you trade?

We trade seven futures instruments in the trade room: ES (S&P 500 mini), TF (Russell 2000 mini), YM (Dow Jones mini), CL (Crude Oil), GC (Gold), NQ (Nasdaq 100 mini), and the DAX 30 (German Index mini).

These futures contracts are highly liquid and easy to trade. There are no advantages for us to trade forex or stocks. The futures market has the advantage of being regulated; one trades on an open exchange and is not reliant upon liquidity provided by a broker as one finds in forex. Another advantage of futures is that the trader does not need to have a long-bias as is the case with the typical stock trading account.

Why do you trade 7 different futures instruments?

Our focus is on the quality of the setups rather than the actual markets themselves. By watching 7 different markets (instruments), we increase the odds of several high-probability setups each day.

As a new trader to our system, we recommend that you watch all of the markets in the trade room initially in order to get a feel for the setups. However, as you start to practice you may prefer to specialize in 2 or 3 markets—that is perfectly fine. You may also find as you progress, that instruments you traded in the past are no longer your favorite.

I only trade the ES (S&P 500 emini), how many trades can I expect to take every day?

Many of our traders join the trade room with only ES experience. While some of our traders specialize in the ES, most prefer faster more efficient markets such as the CL (crude oil) or the TF (Russel mini). It is best to have an open mind toward trading instruments with which you may not be familiar. It is not uncommon for those with ES experience to transition over to other markets after practice and evaluation.

On the other hand, if you want to specialize in the ES market, our system is sufficiently flexible so that you can easily tailor it and develop a set of rules that provide a comfortable return.

Will Bunt Trading work with forex pairs?

Bunt Trading will work with any forex pair that has sufficient liquidity. The underlying premise of our system is that we are looking for reactions to professional trader or high frequency trading activity. Our system is designed and tuned to spot market manipulations and the reactions to them. Therefore, you would want to trade a commonly traded pair at high-volume times of the day for best results.

Here is an example of our indicators pinpointing pullback trades on a EUR-JPY chart: 

Most of our indicators do not need to be adjusted for different forex pairs although you will want to verify that the settings are optimal for your markets. On the other hand, the SpeedTick and Ricochet indicators will most likely need new settings in the user-defined parameters area. The tuning process for these two indicators is easy and we have a video to help you do this. We can also give you individual guidance.  

Will Bunt Trading work with stocks?

Bunt Trading will work with any equity that has sufficient liquidity. The underlying premise of our system is that we are looking for reactions to professional trader or High Frequency Trader activity. Our system is designed and tuned to spotting market manipulations and the reactions to them. Therefore, you would want to trade a commonly traded stock at high-volume times of the day for best results.

Here is an example of our indicators pinpointing pullback trades on Apple chart:

Most of our indicators do not need to be adjusted for different equities although you will want to verify that the settings are optimal for your markets. On the other hand, the SpeedTick and Ricochet indicators will most likely need new settings in the user-defined parameters area. The tuning process for these two indicators is easy and we have a video to help you do this. We can also give you individual guidance.

Do the indicators work for range or renko charts? What about tick charts?

The indicators do “work” on any chart type. However, the time element is the most important factor in our style of trading; we are concerned with what will happen next. With smoothing-type charts such as range or renko, this critical time element is lost. This may or may not be an issue for you depending on your trading style.

Please note that the loss of time information in a smoothing chart mainly affects the performance of our two order flow indicators: the SpeedTick and Richochet. They still work, but may print as leading indicators rather than at the actual time that we need to make our trade decisions. Our other indicators, such as those based on divergence or Volume Spread Analysis, perform well on smoothing charts.

Tick Charts: All of the indicators work very well on tick charts. Since our order flow indicators (the SpeedTick and Ricochet) are based on underlying tick charts, their precision to help with timing is maintained on tick charts.

Do the indicators perform well on higher time-frame charts or slower charts of other types?

Yes, the indicators scale up very well to slower charts. Our typical target is 5 ticks; if you would like to capture bigger moves, then you may want to add the indicators to charts of several different “speeds” for comparison. The way to think of it is that a reversal on a fast chart is just a pullback on a slower chart. Therefore, you can use our pullback indicators to help with the timing of an entry or exit on a wide variety of different intraday speeds.

Most of our indicators do not need to be adjusted for different chart speeds although you will want to verify that the settings are optimal for your charts. On the other hand, the SpeedTick and Ricochet indicators will most likely need new settings in the user-defined parameters area. The tuning process for these two indicators is easy and we have a video to help you do this. We can also give you individual guidance.

Does Bunt Trading work for all markets? What about other trading sessions?

Bunt Trading works best in those markets and during trading times that have the necessary liquidity so that the market makers will have an interest. We are looking for potential exhaustion; this requires sufficient drive and push in the market so that people will react to sudden and unexpected events. This chain of events often leads to an immediate price reversal. Accurately determining these events gives us our edge.


PRODUCTS & SERVICES

What is the difference between the PullBack Bundle (PBB) and the Trade Room Suite of Indicators (TRS)?

Both of these are indicator bundles and include a complimentary month in the trade room as well as remote indicator installation if you would like.

TRS is all of the indicators that we use in the trade room, while the PBB includes everything that we use to trade pullbacks. TRS includes the following 3 indicators that are not part of the PBB: Intentional Entry, Pocket Dot, and Rolling Pivots. While about 80% of our trades are pullback trades, we do have a setup based on price continuation: the “IE Trade.” It is based on the Intentional Entry indicator and uses the Pocket Dot and Rolling Pivots for added confirmation. You can learn more about the IE setup in the QuickStart Guide. You can request that document from support.

Can I upgrade to the VIP Package in steps?

Yes. In this case we recommend that you start with an indicator bundle so that you can immediately start practicing after hours using market replay (see the question above for the difference between the PullBack Bundle and the Trade Room Suite of indicators).   From there, you might consider adding Unlimited Access to Trade Room and then later upgrade to the VIP Package.

You will receive full credit toward the VIP Package for the amount invested in the PullBack Bundle or the Trade Room Suite of indicators as well as for Unlimited Access to Room.


TRIALS & GUARANTEES

Is there a money-back guarantee?

The indicators are tools to indicate when a certain condition exists. We guarantee that the indicators will print when the measured condition exists, or we will fix the indicator.

Developing a trader is a partnership: we provide the tools and services, and you provide the work. We cannot guarantee that you will make a lot of money any more than a golf company can guarantee that you will be a professional golfer if you buy their clubs. We provide the best tools that we can so that there is a clear path for your trading progress. Combining these tools with your hard work greatly increases your chances of success.

Do you have a free trial?

We do not have a free trial for the indicators, but we do have a couple of low-priced indicator trial options. We do have a free 5 day trial for the trade room. If you would like to learn more about these trials, please contact support.

How long can I start trading live?

This depends on your trading background and the amount of work you put into learning the Bunt System. In general, we advise that you trade in simulation mode until you get to the point where you have proven to yourself that you have a statistical edge. This will give you the confidence that you need so that you can follow the trade rules without second guessing yourself. If you feel that you do not have an edge, you may be inclined to change your rules frequently. This will not allow the probabilistic trading edge that you do have to play out. Just as a professional athlete or musician practices so that things are automatic, we want you to create that “muscle memory” in trading. Of course, the more you practice, the shorter this development stage will be.

What are the Trade Room hours?

The trade room is open Monday through Friday, from 8:30am to 12pm ET.

You do not need to attend the entire session although as you are learning the system, the more screen-time, the better. Most of our long-term members have met their trading goals well before the trade room closes.


PERFORMANCE RESULTS & REFERENCES

What are your targets and stops?

We always enter the markets with preset targets and stops (i.e., bracket orders). Most of the instruments that we trade are currently set to 5 tick targets and 7 tick stops. We carefully manage the trades with our stops by moving in our stops if conditions change. Therefore, the initial risk-reward ratio is often altered so that we are not risking more than our target.

Do you have references?

Absolutely! Please contact us at support. We will provide you with a list of traders who will be happy to talk with you about their experiences with Bunt Trading and The Intentional Trader. You may also want to take a look at our Trader Spotlight Interviews where we ask our members the questions that you want to know.

Where is the online trade log?

We did have a public trade log for about 5 years, but we recently revamped it as a learning tool for VIPs. It is only accessibly to VIPs. The purpose of the trade log was to illustrate what is possible. In reality, we all trade a little differently so the trade log had limited value. Although the moderators are accountable and do call out trades before they enter them, we are not strictly a trade calling room. Once you get up to speed, you will be able to identify potential setups as they form, and you will be able to determine if it is a setup that conforms to your rules.

The best way to get a feel for how our moderators call trades and explain the logic behind each trade is for you to come into the trade room for a free 5 day trial. Please contact support and we will be happy to send you the registration information.


PLATFORMS & BROKERS

What trading platforms can I use with your indicators?

Currently, our indicators run on the NinjaTrader.

What about Sierra Charts or MT4? After we are finished configuring and testing the indicators for the MultiCharts. NET platform, we will take a closer look at other well-known platforms. Sierra Charts and MT4 are at the top of the list but no decisions have been made yet.

What brokers do you recommend?

Due to recent changes in the industry, if you are opening a new account and you want to use the NinjaTrader platform, NinjaTrader Brokerage is the best option. By using NinjaTrader Brokerage, you will have access to free data and will not need to pay for an independent data feed.    

When our indicators are ready to go for the MultiCharts .NET platform (see the question above), this will give you another broker and platform option. MultiCharts .NET is offered free at AMP Futures. Contact support and we will be happy to explain how you can get up and running now so that your progress is not delayed.

What data feeds can I use? Can I use Interactive Brokers data?

Our indicators are very accurate, high-performance indicators. In principle, any high-quality, non-filtered data feed will work with our indicators. These feeds include the following: Rithmic, Kinetick, IQFeed, CQG (which is the same as Continuum), and TradeStation data.

Interactive Brokers (IB) data is not suitable for our system due to the fact that it is highly filtered. IB data is sufficient for longer-term trading and investing, but we need tick-by-tick information for Bunt Trading.  

We recommend that you use a dedicated Futures Broker. However, if you want to stay at IB you can use a 3rd party data feed. Contact support for details.

I live in Canada and I would like to use the NinjaTrader platform, what are my options?

There are options for you! Please contact support for details.


BACKGROUND & SERVICES

How long have you been trading educators and how many clients do you have?

What began as a small group of traders sharing information on Skype became The Intentional Trader business in January 2009.

Since that time, we have licensed over 9000 indicators! We have over 250 members with approximately 80% of those at the VIP level.

Do you have one-on-one mentoring?

Yes we do. This is our TradeRx Mentoring Program. This is an intense 1-on-1 program and space is limited. Please contact support for details.


PURCHASING

What happens after I order a product or service?

Immediately after you place an order for the VIP Package or an indicator bundle, you will receive emails with instructions for licensing your indicators, logging in to the member area, and accessing the trade room. If you purchase a single indicator, or some other product or service, you will receive appropriate instructions.

In the case of indicators, once you request a license, you will receive a confirmation when the license is issued. If complementary installation is included, we will contact you to arrange a time to remotely log on to your computer and install the indicators and workspaces.

Will you install the indicators on my computer for me?

VIP members receive unlimited free remote indicator installation. If you purchase an indicator bundle and have not yet upgraded to VIP, then we will install the indicators one time free of charge. After that, there is a small fee depending on the number of indicators that you would like us to install.

We do provide full instructions for do-it-yourself installation, and we encourage you to walk through the steps so that you become comfortable with the software.