Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Search Forums
>
Showing results 1 to 20 of 20
Filter subforums listed
Search:
Posts Made By:
MichaelWesten
Forum:
Trading Journals
December 3rd, 2011, 01:23 PM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
Hi, Due to the amount of time it takes me to...
Hi,
Due to the amount of time it takes me to update this journal and because I don't see a lot of interest from the members here, I am stopping to update the journal.
Have a nice weekend.
Forum:
Trading Journals
December 1st, 2011, 11:45 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
1-Dec-2011
This is the first post of December.
I would like to update that the new amount for 0.8% risk is $178 instead of $184 and for 0.5% risk is $111 instead of $115.
I have a problem attaching files...
Forum:
Trading Journals
December 1st, 2011, 07:21 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
30-Nov-2011 - Completion
Hi,
First, thanks big mike for your support.
Second, I wanted to update about changes made in my positions after I made the last post, which was 2-3 hours before the close.
Positions closed...
Forum:
Trading Journals
November 30th, 2011, 01:42 PM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
30-Nov-2011
Another bad day...
New Orders
DIS - Identified down channel on the weekly chart, pattern length is about 3 months. see attached file.
Breakout to the upside is set to 37.01, stoploss at...
Forum:
Trading Journals
November 29th, 2011, 01:51 PM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
29-Nov-2011
Hi,
I'm writing this post 2.5 hours before the trading day ends and it was not a good day so far.
New Orders
BAC - Identified descending triangle on the daily chart, pattern length is about...
Forum:
Trading Journals
November 29th, 2011, 02:34 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
Change in risk management
Hi,
The system I made was originally for futures, where calculation was done in ticks. For stocks, however, the number of ticks has different meaning depending on the price of the stock, e.g. for...
Forum:
Trading Journals
November 29th, 2011, 01:48 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
29-Nov-2011 - before market hours
Hi,
I finished describing all of my trades and positions, so I would like to write a short summary of my status and open positions at this point:
I have made 17 trades so far, 9 of them are...
Forum:
Trading Journals
November 29th, 2011, 01:32 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
28-Nov-2011
Positions closed
LOGI - My stoploss was hit at $8.05 for a net loss of $283.8. See attached file. The original stoploss was $7.69 but because the stock opened much higher than that, it was...
Forum:
Trading Journals
November 28th, 2011, 11:45 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
25-Nov-2011
New Positions
AMZN - Identified broadening ascending wedge on weekly chart, pattern length is about 1 year. Attached file shows this pattern on the daily chart. Sell order was executed at price of...
Forum:
Trading Journals
November 28th, 2011, 11:26 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
23-Nov-2011
New Positions
JNJ - Identified symmetrical triangle on daily chart, pattern length is about 4 months. See attached file. Sell order was executed at price of $62.3 for 117 units. Stoploss at...
Forum:
Trading Journals
November 28th, 2011, 11:14 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
22-Nov-2011
New Positions
CAT - Identified rectangle on daily chart, pattern length is about 1 month. See attached file. This is the same rectangle from a few days ago. Sell order was executed at price of...
Forum:
Trading Journals
November 28th, 2011, 10:44 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
21-Nov-2011
New Positions
AA - Identified broadening ascending triangle on daily chart, pattern length is about 2 months. See attached file. Sell order was executed at price of $9.47 for 300 units. Stoploss...
Forum:
Trading Journals
November 28th, 2011, 09:28 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
18-Nov-2011
New Positions
MU - Identified double top on weekly chart, pattern length is about 2 years. see attached file. Although the price reached $4 on October, I decided it might be worth while to try and...
Forum:
Trading Journals
November 28th, 2011, 08:59 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
17-Nov-2011
New Positions
SPY - Identified sym. triangle on daily chart, pattern length is about 1 month. see attached file. Buy order was executed at price of $123.49 for 120 units. Stoploss at $124.49,...
Forum:
Trading Journals
November 28th, 2011, 07:38 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
16-Nov-2011
New Positions
CAT - Identified rectangle on daily chart, pattern length is about 1 month. see attached file. Buy order was executed at price of $98.09 for 57 units. Stoploss at $96.02, target at...
Forum:
Trading Journals
November 28th, 2011, 07:21 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
15-Nov-2011
Positions closed
DISH - I closed the position at $23.36 for a net loss of $76.76. If you calculate the difference between my entry point and the exit point, you will reach to a loss of $253....
Forum:
Trading Journals
November 28th, 2011, 06:16 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
14-Nov-2011
Hi,
Before I start describing this day, please understand that I'm now describing past trades and although most of the data that I write is written in my excel sheet, some things I need to recreate...
Forum:
Trading Journals
November 27th, 2011, 11:35 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
10-Nov-2011
On the 10th of November, I looked at the charts only after the trading begun, because I was occupied by my work. I usually try not to work like that and to set up my orders well ahead of the start.
...
Forum:
Trading Journals
November 27th, 2011, 09:05 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
8-Nov-2011
Hi,
Before I start to describe the trades I did, I want to say that each post will describe what happen in a specific day. For each post, I will have the following sections:
1. "New Orders" -...
Forum:
Trading Journals
November 27th, 2011, 02:48 AM
Replies:
25
Trading stocks based on breakouts of chart patterns
Views:
6,256
Posted By
MichaelWesten
Trading stocks based on breakouts of chart patterns
Hello All,
I am starting this thread to share with you my current trading activity. This is my first try of online documenting my trades and I hope it will contribute to my "trader's personality"...
Showing results 1 to 20 of 20
What unexpected challenges have you encountered while trading on a "Funded Trader" platform?
Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)
View Results
Discuss Poll
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Futures Broker Reviews
NinjaTrader Brokerage (Broker)
Ninja Mobile Trader (Server Hosting)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
