NexusFi: Find Your Edge


Home Menu

 





TF day trading


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one bluemele with 759 posts (1,373 thanks)
    2. looks_two vovan348 with 99 posts (57 thanks)
    3. looks_3 HighRise1202 with 77 posts (21 thanks)
    4. looks_4 Big Mike with 43 posts (74 thanks)
      Best Posters
    1. looks_one bluemele with 1.8 thanks per post
    2. looks_two Big Mike with 1.7 thanks per post
    3. looks_3 PandaWarrior with 1.6 thanks per post
    4. looks_4 vovan348 with 0.6 thanks per post
    1. trending_up 234,411 views
    2. thumb_up 1,786 thanks given
    3. group 65 followers
    1. forum 1,324 posts
    2. attach_file 239 attachments




 
Search this Thread

TF day trading

  #721 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Well, counter-trend trading was not something again to do today. These days are the bane of my trading existance!

I knew it was going down, so why was I shorting??????????????????????????

I went into crazy replay mode and sped up the market and just started clicking so I stopped my video.

Gosh, I took a short, got bounced, so wow, I guess I am a bit upset. Ever since I started reading trading in the zone I have now become overconfident and unemotional to the point of gift gift gift gift...
I am going to watch the market for a couple days to get my mojo back.

I am dealing with a couple big decisions at work and I can't get some of that out of my head while trading. Along with a child that is up all night and leaving me with little options of sleep. Ok, enough excuses, back to work!

I see that there were VERY clear entries on breakouts. Very clear....

video

Attached Thumbnails
Click image for larger version

Name:	Untitled.jpg
Views:	163
Size:	124.3 KB
ID:	44794  
Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
How to apply profiles
Traders Hideout
REcommedations for programming help
Sierra Chart
MC PL editor upgrade
MultiCharts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
24 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
21 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #722 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Ok, today was a bit more clear to me, but my first trade was ridiculous. "I don't want to miss it" trade.

I hit my trade perfect and scaled out a bit soon, but it was a good target.

I am not picking the proper direction lately which obviously isn't helping. I considered taking a long but not where I would have made any good $'s.

My wife is picking up the longer trend and she tells me an 8,000 tick chart is required. hmmm. I think I have enough charts to slow down my computer at this point. haha...

Video

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #723 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842


Ok, I messed up on the # of contracts. Also, the first couple of trades were just not necessary or I guess much thought put into those.

Wasn't able to trade yesterday due to some meetings.

Video

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #724 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Interesting day! I KNEW it was going long. This is good. I understood it was long and I was comfortable with it and willing to go with it.

Typically, I would have taken just the shorts because of what the longer term looked like. I would have done quite well going short today!

Happy with my trading today.

Video

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #725 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Ok, Not my best composure for sure. I was down -4.6 points at one point! I stopped thinking and just started clicking after about trade 6 (-1.6 points). I could have taken a time out.

I saw longs, but yet I started shorting... I think I had some misfortune in that I was taking some decent longs, but both times they came back to knock me out and go.

video

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #726 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


bluemele View Post
Ok, Not my best composure for sure. I was down -4.6 points at one point! I stopped thinking and just started clicking after about trade 6 (-1.6 points). I could have taken a time out.

I saw longs, but yet I started shorting... I think I had some misfortune in that I was taking some decent longs, but both times they came back to knock me out and go.

video

surprising,

we all know these negative days happen, but with the direction moves of today, I guess it was easy to not trust the strength of the moves, as they happened, or simply go with an existing move underway for whatever you could have taken

do you apply this method to other contracts?, or would that max out more monitors beyond the ability to concentrate (I think the latter)?

Reply With Quote
  #727 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842


kronie View Post
surprising,

we all know these negative days happen, but with the direction moves of today, I guess it was easy to not trust the strength of the moves, as they happened, or simply go with an existing move underway for whatever you could have taken

do you apply this method to other contracts?, or would that max out more monitors beyond the ability to concentrate (I think the latter)?

Well, this is not a trend followers system...so....

Horst does a pretty good job of trading multiple contracts on different instruments. I don't know if he still does it as much, but it was pretty impressive how he would have on about 3 different instruments and 10 contracts each. I thought it was pretty cool.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #728 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Today was a good day. I got chopped up a bit because I wasn't patient and I wasn't taking trades with the smaller time frame saying to get in. The 144 MACD was not saying to get in but I figured it was going short a good bit so I caught it.

I need to let go as I am feeling anxious to be 'profitable' and I feel that urge within myself. That leads to anger IF I make some bad trades which of course fogs up my brain. I must keep clear and trade what I see.

Video

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #729 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


bluemele View Post
Today was a good day. I got chopped up a bit because I wasn't patient and I wasn't taking trades with the smaller time frame saying to get in. The 144 MACD was not saying to get in but I figured it was going short a good bit so I caught it.

I need to let go as I am feeling anxious to be 'profitable' and I feel that urge within myself. That leads to anger IF I make some bad trades which of course fogs up my brain. I must keep clear and trade what I see.[/yt]

surprising,

modest gains, hats off to you,

today was a day, a number of traders reported getting ranges on trades of (for example) EMD over +980, over 4 times today

we saw complete ranges (using a 10min chart) eclipsed and breached and retaken (must be footprint of the PPT)

this was one of those days just about nothing could have prepared you for, nor allowed you to stay the whole day

shredded cheese, that's what the nerves were like after an hour in the grinder like today

Reply With Quote
  #730 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527


broke an important support level today, but managed to close above.

on a longer term view, the uptrend is still intact.

hope you don't mind me posting this here.

Attached Thumbnails
Click image for larger version

Name:	2011-08-03_2011.png
Views:	157
Size:	67.2 KB
ID:	45481   Click image for larger version

Name:	2011-08-03_2012.png
Views:	164
Size:	76.8 KB
ID:	45482  
Reply With Quote
Thanked by:




Last Updated on July 12, 2012


© 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