NexusFi: Find Your Edge


Home Menu

 





COMMON SENSE


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one mfbreakout with 980 posts (2,733 thanks)
    2. looks_two sandptrader with 64 posts (128 thanks)
    3. looks_3 alejo with 36 posts (38 thanks)
    4. looks_4 madLyfe with 24 posts (25 thanks)
      Best Posters
    1. looks_one Surly with 3.4 thanks per post
    2. looks_two mfbreakout with 2.8 thanks per post
    3. looks_3 jthom with 2.6 thanks per post
    4. looks_4 sandptrader with 2 thanks per post
    1. trending_up 159,765 views
    2. thumb_up 3,304 thanks given
    3. group 64 followers
    1. forum 1,262 posts
    2. attach_file 811 attachments




Closed Thread
 
Search this Thread

COMMON SENSE

  #781 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

NG came to edge of the boundaries- time to try long or if already long, add to longs.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-17_1444_NG.png
Views:	146
Size:	151.3 KB
ID:	162235  
Visit my NexusFi Trade Journal Started this thread
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Deepmoney LLM
Elite Quantitative GenAI/LLM
Are there any eval firms that allow you to sink to your …
Traders Hideout
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
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #782 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

Q) Why in front of strong internals and yesterday's price action i did not take longs in NQ, TF etc.

A) If ireally dig deep into my subconsious i will find many reasons but two main reasons are;

1) I had massive gains over last 2 weeks trading TF, CL, NG, PL etc. I was trying to curb my excitement because it felt like i could not do anything wrong.

2) I was mentally/physically exhausated around 9.30 am this morning. I decided to step back from screen for an hour or so. By the time i came back NQ, TF were at intra day highs and at that point i was ONLY left with short option for a reversion to the mean trade set up.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Visit my NexusFi Trade Journal Started this thread
  #783 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818


I do not trade E-mini. I trade NQ, TF. I am using E-mini as an example because most of my conversation was with a fellow trader who trades E-mini. He has more trading experience ( 20+ years) and knowledge. In the end he did OK but he is a prison to his own knowledge, experience and is not as flexible as i am. I do not hold positions overnight in indices, he does with 3% drop in E-mini as a stop loss from his entry etc. Stop loss plus cost of putting hedges to protect his gains brought him back to REALTY. If ES does not consolidates , hold and move up and October was end of the year- he will not be looking good.

He is experienced enough trader to be cautious now with things like Low for the year is IN and ES will finish year higher etc. He wants to see price behaviour over next week or so. In other words he is no mood to make forecasts till market consolidates, hold his levels etc.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-18_0904_forecasting.png
Views:	184
Size:	181.5 KB
ID:	162294  
Visit my NexusFi Trade Journal Started this thread
  #784 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646


mfbreakout View Post
Held 2 cars short from yesterday. Shorted NQ this morning. US traders just tend to focus on US markets with nonsense comments like that S&P is down only 5% over 10 days etc., no need to panic. We do not panic, we just trade. How about Germany, UK etc being down day after day 2%, 3% , 4%. World is a village- at least when it comes to trading. Pretty soon i will start trading DAX and FTSE.

NOTE: Will be looking at APPL earnings on October 20th to gauage market sentiment. It's just one factor and lot of money is in it. If safe heavens start getting liquidated - WATCH OUT.

i was thinking all the time that you are the person to surf on the perfect storm of dax, and now you say that , i am sitting here to watch the show!i think you love her

this thread is pure gold for me, thanks

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
Visit my NexusFi Trade Journal
Thanked by:
  #785 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

GM,

Recently started listening to Eckhart Tolle's " Music to Quiet the Mind" and his audio book.




My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #786 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

ZS- shorting every bounce.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-20_0632_zs_macro.png
Views:	127
Size:	65.3 KB
ID:	162391   Click image for larger version

Name:	2014-10-20_0606_zs.png
Views:	141
Size:	214.0 KB
ID:	162392  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #787 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

Praying and waiting for a bounce in PL and PA.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-20_0645_PL_.png
Views:	130
Size:	82.8 KB
ID:	162393  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #788 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

NG. Looking for a bounce from big balance area low's. Don't like gap down, so will cut down size.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-20_0710_NG.png
Views:	144
Size:	152.2 KB
ID:	162401  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #789 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

Hunt weakest index after a massive bounce. Have all the problems from which TF got sold off 10% got corrected in just 1 day? I don't think so.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-20_0756_globex_short.png
Views:	125
Size:	273.3 KB
ID:	162404  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #790 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818


A typical rotational day. I wonder why on a rotational day like today there is more analysis of support, resistance etc when there is nothing really going on?



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-10-20_1124_mapper.png
Views:	135
Size:	465.2 KB
ID:	162464   Click image for larger version

Name:	2014-10-20_1121_TF.png
Views:	124
Size:	124.9 KB
ID:	162466  
Visit my NexusFi Trade Journal Started this thread
Thanked by:

Closed Thread



Last Updated on November 27, 2014


© 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