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 443,724 views
    2. thumb_up 3,681 thanks given
    3. group 141 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)
  #971 (permalink)
 mfbreakout 
Market Wizard
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
 
mfbreakout's Avatar
 
Posts: 7,254 since Oct 2010
Thanks: 3,476 given, 15,801 received


mfbreakout View Post
No late day C up 94..44 all she wrote. There is a reason late day C up is a once in a blue moon trade. I have only seen it 4 times in 2011.

Past Friday trading is a distant memory. Monday took care of it.

Cheers Gary.


One way to trade based off price action and RULES set by ACD- every day. No guessing ( well some). and that some guessing- all it does takes profits away.

I do get stopped out 2-3 times a day and have 2-3 losers with stop loss. For my style of trading- 80% of the days CL trading is a battle and then we have 20% of trend days.

Attached Thumbnails
Click image for larger version

Name:	2011-12-19_1441_end_of_the_day..png
Views:	54
Size:	3.87 MB
ID:	57696  
Visit my futures io Trade Journal

Can you help answer these questions
from other members on futures io?
Can anyone help convert this pine script to EasyLanguage?
EasyLanguage Programming
How many bars have passed since daily high
ThinkOrSwim
What is your favorite indicator for algotrading ?
EasyLanguage Programming
NFP
TradeStation
Google sheets or Excel templates?
The Elite Circle
 
 
(login for full post details)
  #972 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

I never did catch that long trade. I was "background trading" on two monitors while doing other things on another two, so I really did not try that hard. It is very rare that I set a buy limit like I did today, but had CL retraced that far, I had a stop loss of 35 ticks and a PT of 100. The trade analysis was valid, my entry long today was not.

summary;

3 short trades
-11
+11
+75

Net 75 ticks.

I wanted to go long since this morning, and was going to pass on the countertrend with the double bottom, but then thought, "well, if you don't think you should go long until it gets there..." lol. Always questioning myself, today it paid off. But, it was somewhat reckless with that obvious DB on a major fib.

Flying to Denver tonight, most likely no more trades for me until after Christmas.

Started this thread
 
(login for full post details)
  #973 (permalink)
 mfbreakout 
Market Wizard
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
 
mfbreakout's Avatar
 
Posts: 7,254 since Oct 2010
Thanks: 3,476 given, 15,801 received



GaryD View Post
I never did catch that long trade. I was "background trading" on two monitors while doing other things on another two, so I really did not try that hard. It is very rare that I set a buy limit like I did today, but had CL retraced that far, I had a stop loss of 35 ticks and a PT of 100. The trade analysis was valid, my entry long today was not.

summary;

3 short trades
-11
+11
+75

Net 75 ticks.

I wanted to go long since this morning, and was going to pass on the countertrend with the double bottom, but then thought, "well, if you don't think you should go long until it gets there..." lol. Always questioning myself, today it paid off. But, it was somewhat reckless with that obvious DB on a major fib.

Flying to Denver tonight, most likely no more trades for me until after Christmas.

Nice trading Gary. I better start learning about Fibs to get major support/ resistance. I did take personal coaching from a Fib. trader but drawing lines after lines just got too much for me. maybe this time it will make sense to me.

Visit my futures io Trade Journal
The following user says Thank You to mfbreakout for this post:
 
(login for full post details)
  #974 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,138 since Jun 2009
Thanks: 32,638 given, 98,939 received

Merry Christmas and Happy New Year! Have a safe flight Gary.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Attached Thumbnails
Click image for larger version

Name:	bmt-merry-christmas.jpg
Views:	49
Size:	190.9 KB
ID:	57719  
Follow me on Twitter Visit my futures io Trade Journal
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #975 (permalink)
 mfbreakout 
Market Wizard
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
 
mfbreakout's Avatar
 
Posts: 7,254 since Oct 2010
Thanks: 3,476 given, 15,801 received

Pre market thoughts for 12-20-2011

Attached Thumbnails
Click image for larger version

Name:	2011-12-20_0657_pre_mkt..png
Views:	39
Size:	304.3 KB
ID:	57739  
Visit my futures io Trade Journal
 
(login for full post details)
  #976 (permalink)
 mfbreakout 
Market Wizard
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
 
mfbreakout's Avatar
 
Posts: 7,254 since Oct 2010
Thanks: 3,476 given, 15,801 received


mfbreakout View Post
Pre market thoughts for 12-20-2011

1) tried 1) short 96.90 with stop loss 97.21. + 30 ticks.

2) A up confirmed @ 97.50. Price is at a level where quite a sell off started last week. short 97.54. stop loss 97.71. cover 96.80. + 70 ticks. Had to wait 40 minutes to get paid.

Done for the day.

Visit my futures io Trade Journal
The following user says Thank You to mfbreakout for this post:
 
(login for full post details)
  #977 (permalink)
 mfbreakout 
Market Wizard
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
 
mfbreakout's Avatar
 
Posts: 7,254 since Oct 2010
Thanks: 3,476 given, 15,801 received


mfbreakout View Post
1) tried 1) short 96.90 with stop loss 97.21. + 30 ticks.

2) A up confirmed @ 97.50. Price is at a level where quite a sell off started last week. short 97.54. stop loss 97.71. cover 96.80. + 70 ticks. Had to wait 40 minutes to get paid.

Done for the day.


Charts of the day.

Attached Thumbnails
Click image for larger version

Name:	2011-12-20_1008_intraday.png
Views:	52
Size:	328.9 KB
ID:	57789   Click image for larger version

Name:	2011-12-20_1612_end_of_the_day..png
Views:	43
Size:	260.7 KB
ID:	57790  
Visit my futures io Trade Journal
 
(login for full post details)
  #978 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,138 since Jun 2009
Thanks: 32,638 given, 98,939 received

Tip

BEST OF TRADING 2011 NOMINEE

This thread has been nominated in our "Best of Trading" series, in the category of "Best Thread Of The Year". Voting is currently taking place, cast your votes by following the link below:

Best Of Trading - Big Mike Trading




Congratulations, and may the best thread win!

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #979 (permalink)
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


mfbreakout View Post
Nice trading Gary. I better start learning about Fibs to get major support/ resistance. I did take personal coaching from a Fib. trader but drawing lines after lines just got too much for me. maybe this time it will make sense to me.


It does seem like just a lot of lines on a chart at first. It used to feel like we measured nearly every obvious prior wave and place an alternate and an alternate exhaustion on the chart, until there were lines everywhere. Then what? lol

I found that chasing indicator signals alone, without some sort of structure to plot them against, was a frustrating way to trade. I seemed to be great at taking the trade at the wrong times, and passing on the right times. Or, waiting for the perfect pullback, only to have the market run right over me.

There is a method to the madness. It's not a perfect one, but it's enough of one. Keep at it, it does start to come together if you practice it long enough. Try drawing on an hourly chart for several markets and see what happens.

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



Big Mike View Post
Merry Christmas and Happy New Year! Have a safe flight Gary.

Mike


Thanks Mike. Merry Christmas to you too. Thanks for all your work in making futures.io (formerly BMT) what it is today. You've helped a lot of traders, both directly and indirectly.

Looking forward to a great trading year!!

Started this thread

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