Vovan348 Day Trading TF with NFT setup - futures io
futures io



Vovan348 Day Trading TF with NFT setup


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one vovan348 with 296 posts (265 thanks)
    2. looks_two bluemele with 204 posts (149 thanks)
    3. looks_3 cory with 20 posts (27 thanks)
    4. looks_4 HighRise1202 with 18 posts (11 thanks)
      Best Posters
    1. looks_one Big Mike with 1.8 thanks per post
    2. looks_two cory with 1.4 thanks per post
    3. looks_3 vovan348 with 0.9 thanks per post
    4. looks_4 bluemele with 0.7 thanks per post
    1. trending_up 62,218 views
    2. thumb_up 541 thanks given
    3. group 21 followers
    1. forum 604 posts
    2. attach_file 241 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Vovan348 Day Trading TF with NFT setup

(login for full post details)
  #541 (permalink)
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,803 given, 2,837 received


vovan348 View Post
@bluemele

I wouldn't say it was a crapshoot. I think it was pretty good day actually. It was just me crapshooting my orders in front of the train. I don't know why but I thought that market was short at the open. I didn't wait for setups because I had a feeling that I'm missing out. I hate when that happens to me. The funny thing is, I know it's wrong but I still do it.

I disagree... But you choose to believe what you choose to believe... That what makes the world go around...

Days like today, the probability that the indicators work like they always do are diminished. I will give you an example...

Let's use a real life one... I prepared for a Marathon on an outer island... It is typically 5 degrees cooler on that outer island and I did not think that to be a significant issue... Well, come time to run the Honolulu Marathon, guess who overheated and felt like he was dying..

I didn't know how to behave myself (adapt my behavior) to the differing circumstances. Your indicators will not work the same on days like today. I think if you are using just price then I would agree, but typical indicators will do some funky stuff on days like today and throughout the Holidays...

Of course, that is my own reality. I am most likely wrong..

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to bluemele for this post:

Can you help answer these questions
from other members on futures io?
NFP
TradeStation
Google sheets or Excel templates?
The Elite Circle
Can anyone help convert this pine script to EasyLanguage?
EasyLanguage Programming
What is your favorite indicator for algotrading ?
EasyLanguage Programming
Order cumulation
TradeStation
 
 
(login for full post details)
  #542 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received

@bluemele I understand what you saying.
I think there is no "right" or "wrong" when you talk about market. One day it's funky for someone and very clear for another one. Next day it's other way around. It all depends on us only. Like you said it depends how we can adapt to the market conditions. For example funky acting indicators give you information also and your success depends on reading that information. If you choose not to trade according to your experience that's great. Like someone said there is only three positions on the market: "long","short" and "flat". If you are flat there is a reason for that.

Thanks for your input.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to vovan348 for this post:
 
(login for full post details)
  #543 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received


I saw this video with very nice on screen setup. I always wanted to do something like that. It would be very nice to have for example 3 TFs in the same window, with the same tool bar.

Does anyone know if someone can get similar setup without programming skills? Maybe someone already uses it and doesn't mind to share.

That looks pretty cool:

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #544 (permalink)
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,803 given, 2,837 received


vovan348 View Post
I saw this video with very nice on screen setup. I always wanted to do something like that. It would be very nice to have for example 3 TFs in the same window, with the same tool bar.

Does anyone know if someone can get similar setup without programming skills? Maybe someone already uses it and doesn't mind to share.

That looks pretty cool:

No idea... I saw that also... It is quite nice... Ask @Fat Tails...

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to bluemele for this post:
 
(login for full post details)
  #545 (permalink)
 Fat Tails 
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,858 since Mar 2010
Thanks: 4,238 given, 26,780 received


bluemele View Post
No idea... I saw that also... It is quite nice... Ask @ Fat Tails...

I am fine with three charts and do not need to use a multi-chart. This does not make me any money.

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:
 
(login for full post details)
  #546 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received

Took 3 trades today.

Couldn't trade open again because of my son. When I opened charts I thought that I'm missing nice short and got in asap. After it took me out I had a better setup. I placed sell order but it moved little bit higher and I canceled it. Then I was looking for something on the web and missed it. That was very nice run. I was waiting for next entry and punching myself for missing it.

First pull back and I'm in but from the second try.

I got little bit greedy I think because I moved my limit order below my first target. I thought it can go to around 705 area but I got scared on that pull back and moved my SL to close at least 3 points. I think it still gonna go lower but I'm done for today.

BTW I had a second chance to close it at my first target but I didn't.

Here are my trades and summary:



Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to vovan348 for this post:
 
(login for full post details)
  #547 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received

I didn't post a anything yesterday, but I traded pretty much all day in and out.

I've been trying to trade 6E also. I flying back to Russia at Feb 27th and I probably gonna trade during Euro market. I'm not sure what instruments I'm gonna trade but I thought about 6E or CL first.

So yesterday I took only one trade on TF and that was a loss. I took short against strong up trend on the longer term.


I also took two trades on 6E. The first was short and it could turn out as a great trade. It was moving very slow and I closed it for only 2 ticks. Then took another one when I had a chance and that was a nice profit.


Today was a different story. I took quiet a few trades on TF, but had a nice profit at the end. I entered long with one contract(#4) then added another one (#5) and moved my stop to BE+2. It took me out, but I reentered again and held it to the target managing trade according my rules:


On 6E it was much worse. I took more trades didn't take most of them according my rules and in one word it would just terrible. I was just kinda bored and as long as 6E wasn't my primary instrument I was acting stupid. That's pretty bad for learning purposes but what's done is done and I cannot take it back. So here are my trades at 6E:


So over all I'm just $35 green. I'm glad that it's green but I'm not happy with my trading today. For some reason I wasn't patient and I was looking for relationship between TF and 6E. I was taking trades on 6E watching TF and not looking at indis. I guess I'm so used to trading one instrument so I expect another one do the same.

This is it for today. Tomorrow another day. I can't wait till January when everything comes back to normal. Market moves different around this time and it makes me do stupid things. I don't trust myself because I expect market to do something funky.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to vovan348 for this post:
 
(login for full post details)
  #548 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received

Took only one trade on 6E. Had a nice setup on TF but didn't take it.



More details in the video:

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to vovan348 for this post:
 
(login for full post details)
  #549 (permalink)
 Deucalion 
Calgary, Canada
 
Experience: Intermediate
Platform: Multiple
Broker: Multiple
Trading: Multiple
 
Deucalion's Avatar
 
Posts: 430 since Aug 2009

I am basing this post on some of your words fo your previous post.

I would loathe to give advice (who am I to do that!) so I can reflect on my history. On the one hand, I have no clue what the future will bring, whether the market will behave as I want it to behave or not, so I can't tell whether I will remain profitable, but I know I will not do stupid things. That's all, nothing magical.

It helped me develop patience only because I started will changing habits on a small scale. Small victories COUNT. They change your confidence, confidence is a multiplier! This is huge statement. Do small things right, they become bigger and one day without your noting it, you turn a daily profit into a weekly and then monthly profit.

Do small things right. Learning how to drive is great example, observe the newbie drivers today, watch how they do foolish things today...and you look at them and say..."what an idiot!" We were all that newbie driver idiot at one time, and look at you now....driving is second nature...we don't even think about it..it comes from small changes in habits.

Your words were my words 2years ago, I started changing small things, and that is all I can do each day. I don't go in with a daily profit in mind, I just try to minimize my "stupid" moments. Then when my setup comes along, I have the freshness of mind, positivity of attitude and all my capital intact to take advantage. Now I have only one thought in my mind when I start trading..."I have no clue what the day will, but since I will not do anything stupid, the wilder the day the better chance I have to make a decent go of it"

Thats it, who needs rules after that? It may be that I was lucky for the past 2years, but that attitude change has helped me blow past all reasonable targets in my profitability this year. And you have seen the results on the blog. DO I look a those numbers? sure. Do I think that can be sustained, who knows? How can you tell the market in the future? I can't. I just know I will do the small things better and better each day, and based on the evidence on the past, I put myself in a better and better position all the time.

PS - CL is wild beast, you are going to have a heck of a ride.

Reply With Quote
 
(login for full post details)
  #550 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received


@Deucalion

Thanks a lot for your input.

That's pretty much what I was thinking. Change things and overcome bad habits by creating better ones.
If that got you in the right direction I hope it's gonna work for me also!!!

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote


futures io Trading Community Trading Journals > Vovan348 Day Trading TF with NFT setup


Last Updated on February 1, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
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.
no new posts