Catching Big Waves - a trader's journal of surfing the the markets - futures io
futures io



Catching Big Waves - a trader's journal of surfing the the markets


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one GaryD with 3,654 posts (2,215 thanks)
    2. looks_two josh with 135 posts (120 thanks)
    3. looks_3 researcher247 with 123 posts (170 thanks)
    4. looks_4 Big Mike with 112 posts (228 thanks)
      Best Posters
    1. looks_one Big Mike with 2 thanks per post
    2. looks_two Deucalion with 2 thanks per post
    3. looks_3 researcher247 with 1.4 thanks per post
    4. looks_4 GaryD with 0.6 thanks per post
    1. trending_up 456,523 views
    2. thumb_up 3,681 thanks given
    3. group 140 followers
    1. forum 4,686 posts
    2. attach_file 1,117 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)

Closed Thread
 
Search this Thread
 

Catching Big Waves - a trader's journal of surfing the the markets

(login for full post details)
  #2601 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

As if I were brave enough to be a buyer today...

Started this thread

Can you help answer these questions
from other members on futures io?
Running two strategies on one chart; Has anyone done it …
MultiCharts
2003 Nymex Symposium
Traders Hideout
Simple code to end my indicator
NinjaTrader
Pause calculation When Position is Open-Backtesting
ThinkOrSwim
Pulling Historical Account
Sierra Chart
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
58 thanks
Would you share your Holy Grail?
21 thanks
Are you sure that your broker cant spy your trades and w …
19 thanks
Want your NinjaTrader indicator created, free?
15 thanks
Big Mike in Ecuador
14 thanks
 
(login for full post details)
  #2602 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


Started this thread
 
(login for full post details)
  #2603 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


Interesting that the best ES could do so far is 1311

Started this thread
 
(login for full post details)
  #2604 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


GaryD View Post

The zone at 87.46 got a decent reaction. 6E also had a reaction at a major LSP. Profits should start to come off the table here, and stops are getting tightened.

Started this thread
 
(login for full post details)
  #2605 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

With that much fear... I am still not in this market, and may not get in today. Major impulse moves like this are not my favorite environments. I like volatility, but have a comfort zone.

Had I been able to pay attention earlier, I would have gladly joined in, but too many phone calls and not able to watch closely enough to trade. Net $432.50 and may not make goal. It happens.

Started this thread
 
(login for full post details)
  #2606 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


researcher247 View Post
Well, that is the definition of a 'scalp'--indeed.

peace

hedvig

Too tight. Today a "scalp" is more like 15-20.

Started this thread
 
(login for full post details)
  #2607 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


GaryD View Post
The zone at 87.46 got a decent reaction. 6E also had a reaction at a major LSP. Profits should start to come off the table here, and stops are getting tightened.






Still not interested though

Started this thread
 
(login for full post details)
  #2608 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

I can tell I am wanting to force a trade. I am caught up on calls, missed an exciting day, passed on a few entries. That is not the way to trade. I caught 5 ticks just out of boredom, heading to the prior high. Pointless. I am more likely to take minimal scalps if I am down for the day, but not up. The market will be here this afternoon, or even tomorrow. I am getting out for awhile. Net $482.50, less than half but better than none.

Started this thread
 
(login for full post details)
  #2609 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

Tomorrow's EIA should be something to see, and China's PMI at 10:30pm tomorrow may also be a date on my blackberry.

Started this thread
 
(login for full post details)
  #2610 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
 
Posts: 429 since Oct 2009
Thanks: 265 given, 759 received



GaryD View Post
I can tell I am wanting to force a trade. I am caught up on calls, missed an exciting day, passed on a few entries. That is not the way to trade. I caught 5 ticks just out of boredom, heading to the prior high. Pointless. I am more likely to take minimal scalps if I am down for the day, but not up. The market will be here this afternoon, or even tomorrow. I am getting out for awhile. Net $482.50, less than half but better than none.

------------------
Believe it (about not wanting to force a trade). Also, you were working your ass off in another market(s) earlier; you are probably a bit burnt. Time to relax some.

Who gives a fuck about 'flush out days!' Guys that brag about nailing HUGE money on a day like today are either

a) small 1 and 2 lot traders and most likely will stay that way
b) lucky and got a bit back from previous 'losses'--however much that is...

OR

a) paper/sim traders that need to announce a huge day for whatever reason that is???

You won't see 'size' traders saying much on a day like this. They are ANALYZING and studying for the next high-probability setup with (usually) a better R:R setup(s)--perhaps with a bit less intraday ATR risk.

Just my humble opinion. And fast-moving markets keep me humble and 'nibbling' in my selective daytrades across 3 markets.

peace

hedvig

p.s. Good journaling the last 24 hours. Keep it tight and right. If flush-out days are not your style (and you are taking calls on the phone to boot); you got yourself a pass for the rest of the day. Go out and live it!

I'm having a beer and some green dragon and analyzing alot of swingcharts for the next 'sniper' assignment.

The following 2 users say Thank You to researcher247 for this post:

Closed Thread

futures io Trading Community Trading Journals > Catching Big Waves - a trader's journal of surfing the the markets


Last Updated on May 23, 2014


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