NexusFi: Find Your Edge


Home Menu

 





Swing Trading Futures


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one karoshiman with 195 posts (58 thanks)
    2. looks_two djkiwi with 7 posts (11 thanks)
    3. looks_3 Silvester17 with 3 posts (12 thanks)
    4. looks_4 pawnbroker with 3 posts (5 thanks)
      Best Posters
    1. looks_one SteveH with 7 thanks per post
    2. looks_two Silvester17 with 4 thanks per post
    3. looks_3 djkiwi with 1.6 thanks per post
    4. looks_4 karoshiman with 0.3 thanks per post
    1. trending_up 35,928 views
    2. thumb_up 107 thanks given
    3. group 11 followers
    1. forum 216 posts
    2. attach_file 85 attachments




 
Search this Thread

Swing Trading Futures

  #141 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Long in Corn at 687.875 (May). Potential double bottom.

Attached Thumbnails
Click image for larger version

Name:	C_D_2013_02_26.JPG
Views:	188
Size:	51.0 KB
ID:	103945  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
PowerLanguage & EasyLanguage. How to get the platfor …
EasyLanguage Programming
Increase in trading performance by 75%
The Elite Circle
How to apply profiles
Traders Hideout
Exit Strategy
NinjaTrader
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
31 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
20 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #142 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Covered 50% of Long in Corn at 698.125 (May) with a profit.

Reply With Quote
  #143 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117


Short YM at 13,980 (March). Downward trend channel could develop here. Usually not my style, but I take a shot.

Attached Thumbnails
Click image for larger version

Name:	YM_60M_2013_02_27.JPG
Views:	154
Size:	60.0 KB
ID:	104189  
Reply With Quote
  #144 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Added to YM short at 14,059 (March). Stupid early entry this afternoon... cobbler, stick to your last...

Reply With Quote
  #145 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Covered long pos. in Corn at 703.5 (May) with a profit.

Reply With Quote
  #146 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Covered YM short pos. at 14,101 (March) with a loss.

Reply With Quote
  #147 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Trying a long now in YM at 14,107 (March).

Reply With Quote
  #148 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,602

You should re-evaluate your journal.

Anyone can print out a trade report or look at a broker statement that shows how many and when you entered. That is what you are posting.

The journal as you have it today is worthless in my opinion.

What you should be focusing on is entering the "why". Why did you go long? Why go short? Why now? You don't need to write a lot, just a few words to convey your decision. Same for exits. Why exit now?

Then you can go back and review this information at a later date to find patterns in your behavior and learn and improve.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #149 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117

Out of YM long pos. at 14,057 (March) with a loss as recent confluence zone has been pierced.

Reply With Quote
  #150 (permalink)
karoshiman
Munich, Germany
 
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117



Big Mike View Post
You should re-evaluate your journal.

Anyone can print out a trade report or look at a broker statement that shows how many and when you entered. That is what you are posting.

The journal as you have it today is worthless in my opinion.

What you should be focusing on is entering the "why". Why did you go long? Why go short? Why now? You don't need to write a lot, just a few words to convey your decision. Same for exits. Why exit now?

Then you can go back and review this information at a later date to find patterns in your behavior and learn and improve.

Mike


Thank you for your feedback, Mike.

I admit that the last posts did not have much value, as I was a bit in a hurry and I always try to post as fast as I can after I've entered a trade.

But it is not true that this is the case with the majority of my posts. If you review this thread, you will see that I attach a chart and a brief explanation of why I've entered with most of my posts. If this is not enough, from your point of view, please let me know.

Only in special situations, in particular, when I deem my initial scenario (the posted chart + explanation) as being wrong, I trade the other direction. Hence, the missing explanation.

This is also the case with my recent YM trades. The current situation of the equity markets are not so straight forward as far as I see it. Many traders were short due to different reasons, but markets still (or, also due to that) went further higher.

Regarding the exits, you are 100% right. The reason that I don't explain these further is simply because these are not based on specific levels, but more on my "feel". I can't "improve" on that regarding my posts.

Anyway, I was thinking that anyone who is interested to know more, can ask me, as this is not a one-way road. Up to now, that did not happen.

Please let me know what you think about the above, as I appreciate your input.

Regards,
k

Reply With Quote
Thanked by:




Last Updated on May 24, 2013


© 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