NexusFi: Find Your Edge


Home Menu

 





T For Trading


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one devdas with 1,084 posts (284 thanks)
    2. looks_two Big Mike with 7 posts (5 thanks)
    3. looks_3 DbPhoenix with 6 posts (19 thanks)
    4. looks_4 Bharatiya with 6 posts (5 thanks)
      Best Posters
    1. looks_one DbPhoenix with 3.2 thanks per post
    2. looks_two Bharatiya with 0.8 thanks per post
    3. looks_3 Big Mike with 0.7 thanks per post
    4. looks_4 devdas with 0.3 thanks per post
    1. trending_up 149,913 views
    2. thumb_up 323 thanks given
    3. group 29 followers
    1. forum 1,132 posts
    2. attach_file 799 attachments




 
Search this Thread

T For Trading

  #401 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


devdas View Post
This fits on 3rd category - Being Comfortable ( With Market structure ) but not following Trading Plan.

5-Oct-2012 : I realized latter , its not the case. Subconsciously i was still trading the plan...only difference was to choose what strategic action is best suited in that particular situation. Simply put Trading Plan includes different tactics/methodology depending on particular environment.
First trade didn't worked, though i perceived structure at A to be a final stop hunt over prior Lows. LTZ near 5740 had some significance in this context. Second trade turned better having better momentum on long side than first trade.









Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Are there any eval firms that allow you to sink to your …
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Funded Trader platforms
60 thanks
Get funded firms 2023/2024 - Any recommendations or word …
51 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #402 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Just followed the trend for targetting 2nd SD.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (30 Min)  10_8_2012.png
Views:	148
Size:	69.7 KB
ID:	91366  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #403 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


Out from Short @ 5748

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #404 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

I think i passed enough time even for long.....taken low risk poorly looking long @ 5750.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #405 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Scratched @ 5750....feel its stucking in range.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #406 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

I had correct initiation of startup trade....but following structure on short time trame , i got distracted a little. That lead me to took a scratch long. All this pile-up on my original motive of following the trend and made me little paralyze even after seeing continuous weakness further. But it was good that i didn't tried further long with revenge intention common to occur in this feel of missing out my correct trade. Though nett i still made good profit....but i surely didnt took correct decision.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (15 Min)  10_8_2012.png
Views:	167
Size:	39.5 KB
ID:	91374  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #407 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

08-Oct-2012 : With good short in hand, i was greedy and lazy to book it early. There was no confusion at the opening where its headed. Though normally i have been very quick to exit...and location A would have been my favorite exit if i had not be little lazy. A and B eluded my vision. I felt i am risking against yday low and important LTZ and now its potential case of double bottom. All this made me totally reversed my position. I do not wanted to wait for long as i was perceiving its already late to get in - mistake of being impatience. But result of this was also so obvious.

But now real mistake on context i made next. C was a development discarding A and B and it was critical time consumption in lower 2nd SD. If it had to bounce it must have gone fast just after breaking double bottom. Neither it came above VWAP nor very good creek jump. But till then i had already lost battle mentally.

Long was low risk...but i made mistake of probability assessment of its success. I will try some statistical study to avoid this in future.






Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #408 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Got a long around 5746.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (15 Min)  10_9_2012.png
Views:	154
Size:	89.0 KB
ID:	91465  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #409 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

stopped out @ 5734.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #410 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


Took another long @5738.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on August 17, 2016


© 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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts