NexusFi - Search Results

Showing results 1 to 10 of 10
Search: Posts Made By: sailingman

Forum: Trading Journals

June 10th, 2012, 02:38 PM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

win rate

Sorry for the delay, I am not getting an update when someone posts here. How do I do that?

Position 1 is a 1X risk, position 2 is a 1.5 X risk. Risk is usually around 2%, sometimes less depending...

Forum: Trading Journals

June 10th, 2012, 02:29 PM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

Change in plans- tradign for a prop firm

Sorry for the long delay in between posts. My goal was to post at least once per week.

I have been invited to trade for a prop firm and decided I would give it a try. This way I am being held...

Forum: Trading Journals

May 23rd, 2012, 11:36 AM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

wheat

Well,

I guess this is why trading is so interesting. My trade plan with wheat was working like clockwork and now with the new hours, the setups are happening much earlier than I want to getup. I...

Forum: Trading Journals

May 22nd, 2012, 10:10 AM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

2 winner rule

Mike,

The 2 winner rule is only for Wheat. My back testing showed that the 3rd trade after the open using my system was a looser 56% of the time. Now with the new trading hours on wheat, it looks...

Forum: Trading Journals

May 22nd, 2012, 10:05 AM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

Methodology

This is something I have learned recently that really helped my trading:

What
Where
When
How

What- Decide and STICK with either stocks, options, futures or forex. Each can provide you with a...

Forum: Trading Journals

May 21st, 2012, 11:59 AM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

wheat

With the new trading hours, I will have to completely re think wheat. Normally I trade between 9:30 to 10: 30 exchange time. Today the big moves were earlier. No way to back test this yet.

Too bad...

Forum: Trading Journals

May 21st, 2012, 10:03 AM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

Monday

Thanks for all your kind words! I love crude but the risk-reward is better for smaller accounts in the grains.

Wheat looks like it will have a good day today. I will post my trade (s) later.

Forum: Trading Journals

May 19th, 2012, 02:12 PM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

Goal vs reality

I am going to add one more thing before I go sailing...

Last summer I was able to take an 11K futures account and grow it to 41K in 3 months. I realized I was taking WAY too much risk per trade...

Forum: Trading Journals

May 19th, 2012, 12:23 PM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

I said "GOAL" ;-) Here are my rules that I...

I said "GOAL" ;-)

Here are my rules that I will be following no matter what:

50K trading account

Take all profits at the end of the month- reset account to 50K (I want a paycheck)

Always...

Forum: Trading Journals

May 19th, 2012, 10:51 AM

Replies: 29

8% per week

Views: 6,459

Posted By sailingman

8% per week

[body] This trading journal is a about my goal of grossing an average 8% per week trading grains. I am developing a new system that will trade wheat, beans, cattle and and corn. Not all at the same...

Showing results 1 to 10 of 10

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