Catching Big Waves - a trader's journal of surfing the the markets - Trading Journals | futures io social day trading
futures io futures trading


Catching Big Waves - a trader's journal of surfing the the markets
Updated: Views / Replies:279,703 / 4,686
Created: by GaryD Attachments:1,123

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Closed Thread
 1,123  
 
Thread Tools Search this Thread
 

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

  #3631 (permalink)
Trading for Fun
Little Rock, Arkansas
 
Futures Experience: None
Platform: MarketDelta
Favorite Futures: Options
 
r3algood's Avatar
 
Posts: 198 since Jul 2011
Thanks: 106 given, 105 received


GaryD View Post
I don't know Mike. I am tired, for one. It is nothing against futures.io (formerly BMT), maybe journal burnout. Maybe temporary. Getting into an interesting groove as far as my thoughts go.


CRB Trader Archive

Saw this ^^^ somewhere else on the forums GaryD, might be a pertinent read for what's going on with you.

Just also wanted to toss in that your journal has been a major inspiration.

The following user says Thank You to r3algood for this post:
 
  #3632 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received


r3algood View Post
CRB Trader Archive

Saw this ^^^ somewhere else on the forums GaryD, might be a pertinent read for what's going on with you.

Just also wanted to toss in that your journal has been a major inspiration.



Thanks, both for letting me know you got something from this monster of a thread, and for sending me that article.

Looking at myself here tonight even, in a new "home", rented a townhouse for a month as I am tired of hotels, ... I looked at 3 rentals, narrowed to two because of the resort-style community (frisbee golf 50' outside my front door), but between the two, went with the bigger trading desk...laptop and two monitors already up and running, in a trade even.

I do not know how to do something casually when it comes to work. Even as a musician I played sometimes 8, 10, 12 hours a day. Once a workoholic, maybe not always, but often one.

Great article, and good analysis. Thanks again.

 
  #3633 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received



David_R View Post

As far as the feelings about futures.io (formerly BMT) goes and how you feel is cool. You do this for you, right?

Mostly. Sometimes I feel I do it thinking someone else can relate and feel good about that. Sometimes I do it thinking maybe some tiny drops of experience will filter into the mind of a trader a step or two behind me. But overall, for me. It has become a place where I can throw my thoughts on the floor and sort through them. It has become a place where I feel I am gaining friends I enjoy conversing with.

My charts let me see things I was thinking previously, and I always read my own thought from the day or night before prior to starting the day. It is weird how I can think 'short" at 10pm, and wake up buying. So I use it to do a little mindset time travel. I wake up, read "local DB", and it kicks me into gear a little faster for some reason. Even though the lines are saved on the chart right in front of me, I always have so many on both sides of the trade.

One cool thing here is I never know when I will meet someone new here. There are a few that I have met that I have really gotten comfortable with, feel attached to even. So staying active here is also like keeping in touch, without obligation to reply.

The following user says Thank You to GaryD for this post:
 
  #3634 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

"Connection Lost". I heard that this morning while in a trade, called the broker, got flat regardless, and shut down NT, went on with other things.

Later I was thinking about that phrase, and realized it holds a deeper meaning.

The following user says Thank You to GaryD for this post:
 
  #3635 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

5 trades, 3 wins, 2 BE, tiny targets. Net 25

I was up +17 on a 2 contract trade, and let it come back on me to zero. Short after the EIA. Then left, and it did come down... I used to get so frustrated by that, tonight I laughed at it. Not surprising. The major trend is up. but the move down was heavy, and there is confluence at 94.70 - 95.17.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by GaryD; August 9th, 2012 at 12:46 AM. Reason: add chart
 
  #3636 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

86.85 looks intimidating from the short side. And, would be a significant break.

 
  #3637 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

A break above 95.50 should be free for awhile. 97.20 97.80 or 98.53 - 98.75

 
  #3638 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

Was in some great trades, but had to drop them early due to phone calls and meeting. Net 45.

 
  #3639 (permalink)
Trading for Fun
Little Rock, Arkansas
 
Futures Experience: None
Platform: MarketDelta
Favorite Futures: Options
 
r3algood's Avatar
 
Posts: 198 since Jul 2011
Thanks: 106 given, 105 received


GaryD View Post
Was in some great trades, but had to drop them early due to phone calls and meeting. Net 45.

What do you love more, your trading or your work? If you had to pick just one which would it be?

Reading through your posts I get the feeling that you enjoy working hard and being constantly challenged, maybe you simply enjoy the challenge of trading while managing your other job?

The following user says Thank You to r3algood for this post:
 
  #3640 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received



r3algood View Post
What do you love more, your trading or your work? If you had to pick just one which would it be?

Reading through your posts I get the feeling that you enjoy working hard and being constantly challenged, maybe you simply enjoy the challenge of trading while managing your other job?


It is not a black and white question for me as of today. I prefer trading overall, if all other things were equal. The pros of trading are the unlimited potential, the independence, the time at home. The negative is uncertainty, but I am finding that only really exists when I am not comfortable. So once that aspect has been removed or considerably diminished, trading full time is the way I want to go. I am good for a "guaranteed" $500-$1000, I habve jus seen it enough to question it much anymore. And the only thing between me and a higher amount is my thought process. Too much financial damage in my history is what I have identified as the number one issue, and I am working on it.

But meanwhile, the business I have built back up pays well. The hours are grueling, the travel exhausting, I miss my wife and my dog, I spend a lot of my time in places whre I basically know no one. But I stay very busy when I am away, and that takes the place to some degree. The problem with this income is I have money but no life.

I am fairly certain if I remove the noise of the 60 hours per week in business, I would trade much better and calmer. Today I dropped trades that were worth 2-3 times more, and I do that a lot. I learned to scalp, that is a part of it, but if I don't have to be out of a trade due to time constraints, I let them do their thing far more often, and the results are significant.

I was going to go full time this month, my main client lost a major revenue source, and therefore so did I, and everything I had going was set to end in about a 3 week window, with nothing else lined up. Since then, I got another project in Virginia, another one in Colorado, and have been solicited by the company that took over the business of my current client.

Working on contract has an almost guaranteed income attached to it, and working harder and faster causes my daily income to increase considerably, so I work extremely hard and very long hours. Psychologically I have some catching up to do, whether it is real or not.

In this Denver assignment I am in now, I almost get the best of both. I have taken on the role of my own superintendent, so there is no time managing them and answering questions, I schedule my meetings to occur no earlier than 10am Denver, a slow time for trading, and am pushing for no earlier than noon. If I have all my meetings from 12 to 6pm Denver time, I have 8am-2pm EST to trade. This week is not going to work, as the project is just getting underway and I am learning who I am working with, but maybe by next week.

Maybe I should move to California?

I know that I will trade full time, and I know that it is not far away. I am not looking for work, but when it came to me, was something I know well, the price was right... Trading will be there when this one is over.
My guess is I will be out of here in no more than 7 weeks, and possibly as little as 5.

An additional incentive for me on this one is i have never really spent much time in Colorado in the summer, Skiied here a lot, but I did not realize how beautiful it was. I broke my travel budget by $700 and goy a place that looks like Club Med, have a full fledged trade desk, just as good as in Orlando, and plan to spend some time unwinding and exploring. I know Florida too well, and it carries some unpleasant memories. I still live in one of them.

This trip could just turn out to be a major milestone for my trading psychologicaly. It feels like it is headed that way. I have a few outdoor adventures already lined up, something as a diversion to work/trading, which I need.

The following 4 users say Thank You to GaryD for this post:

Closed Thread



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Surfing and Trading shodson Psychology and Money Management 14 September 28th, 2015 01:26 PM
Little League to the Big Leagues - Journal of a simple trader rtrade Elite Trading Journals 142 July 23rd, 2011 05:22 PM
Trader 11 Journal greggdd Trading Journals 15 March 18th, 2011 12:53 AM
New Beginnings: The Journal of a Trader's Journey to Equanimity plethora Trading Journals 122 March 5th, 2011 11:13 PM
Rookie Future Trader Alex's Trading Journal alex123 Elite Trading Journals 69 June 20th, 2010 04:14 AM


All times are GMT -4. The time now is 02:51 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-12-18 in 0.16 seconds with 20 queries on phoenix via your IP 54.92.194.75