The last hurdle of fear. - Psychology and Money Management | futures io social day trading
futures io futures trading

The last hurdle of fear.
Updated: Views / Replies:520 / 2
Created: by eclipsemf Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

The last hurdle of fear.

  #1 (permalink)
Manchester NH
Trading Experience: Intermediate
Platform: Thinkorswim
Broker/Data: TD Ameritrade
Favorite Futures: /ES
Posts: 87 since Feb 2014
Thanks: 29 given, 55 received

The last hurdle of fear.

I have been trading live since September 15th of this year with the past year doing all of my back testing, paper trading, classes ect. I will start off on my trading plan.

2 Contracts traded from 9:30 to 12 at the latest. Take any and all trades that follow my set up (I wont go in to the details but usually 2-3 per morning) 1 contract is a fixed number at 1.25 points and the other is a runner that gets brought to break even+1 once the profit is at 87.50.

Since September 15th I started very good was up 7.63% in just 2 weeks but since October 6th I have been in a slight slide for my trading dropping down to around 4% still not bad but could be better. Right now I am only taking the first trade of the day with one contract and then after going back to the paper account to do more practice and looking for tweaks. The last 3 days I have just paper traded the full 2 contracts with my full method in place. In just these 3 days I have pulled in $1462.50 worth of profits and I know if I trade this in the live markets I can come very close to replicating this.

My finical position is great right now, really couldn't be better for starting out day trading. But I cant seem to pull the trigger on multiple contracts and taking more than the first trade of the day.

So I am looking for some advice on what I should do or where I should go to help this out. I know trading only 1 contract is killing my p/l so I need to step up at some point, and go for the full method which I know that works.

Here is my journal for people that want to read more in to it.

Thanks for the help in advance

Reply With Quote
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 47,178 since Jun 2009
Thanks: 30,067 given, 88,000 received

You need to give yourself a lot (lot) more time. You can't pull the trigger because you don't have confidence yet to risk more. It takes time, and it's wise to start slow because you will stumble, fall, crash and burn at some point. Better to do it small scale and make sure you have the capital to continue learning after that happens.

You can't rush it is the short answer.

Keep your journal, keep working every day, eventually you'll be comfortable increasing size.


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 4 users say Thank You to Big Mike for this post:


futures io > > > The last hurdle of fear.

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

Thanks for everything -- $250 in Amazon Gift Cards ready to give away

Right now

Journal in July -- over $2,500 in prizes w/NinjaTrader


Similar Threads
Thread Thread Starter Forum Replies Last Post
Europe Still a Hurdle for Market and a New Worry—Earnings Quick Summary News and Current Events 0 September 10th, 2011 12:10 AM
Stock Market Investors Battle Fear, Fear and Fear Quick Summary News and Current Events 0 August 11th, 2011 05:10 AM
Week Ahead: Market Faces Its Next Hurdle—the Jobs Report Quick Summary News and Current Events 0 July 1st, 2011 08:50 PM
Obama-GOP Tax Deal Clears Hurdle by Passing Senate Vote Quick Summary News and Current Events 0 December 15th, 2010 02:10 PM
In Europe, Britain May Face Largest Debt Hurdle Quick Summary News and Current Events 1 May 27th, 2010 01:41 AM

back testing, day trading, dow, es, futures, information, journal, paper, paper trading, people, runner, s-p-500, short, size, traded, trading, trading plan

All times are GMT -4. The time now is 11:40 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-06-24 in 0.22 seconds with 14 queries on phoenix