The PandaWarrior Chronicles - Trading Journals | futures io social day trading
futures io futures trading


The PandaWarrior Chronicles
Updated: Views / Replies:234,145 / 2,157
Created: by PandaWarrior Attachments:213

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
 213  
 
Thread Tools Search this Thread
 

The PandaWarrior Chronicles

  #1691 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


tigertrader View Post
With all that working out, eating healthy, and subsequent weight loss;

I was thinking, we could dress up Brian as Brianna!

I'm afraid that would be most unattractive.....but if I need to in order to get in......hmmmmmmmm

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following 4 users say Thank You to PandaWarrior for this post:
 
  #1692 (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, 5,026 received


PandaWarrior View Post
I'm afraid that would be most unattractive.....but if I need to in order to get in......hmmmmmmmm


To be a trader, you have to be willing to do whatever it takes. Sometimes, it gets ugly...

The following 3 users say Thank You to GaryD for this post:
 
  #1693 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received



tigertrader View Post
I am always reticent to post there, because the bar has been set so high by the other members.

Critical thinking, self-examination, and passion have always been an integral part of my approach to trading. I used to make copies of my trading cards at the end of the day, and bring the copies home to analyze them (trade-by-trade) from memory.

While a passion for trading is a prerequisite for success, it can't be a "blind passion". One theme that I picked up from Victor is Bacon's Principle of "ever changing cycles". Bacon's philosophy lead me to constantly question if my methodology is optimally effective given the current market regime. Always ask yourself, if you could be trading better - remaining flexible is the key. If your methodology fails to work or it stops working, change it.

A post by you anywhere would be well-received Gary. You are, after all, the most interesting trader in the world.

A question for you--if you think about a "methodology," some might call to mind a trend following methodology, for example. Or maybe it's a range breakout methodology. To me, these aren't really methodologies, but strategies. Don't you think that a methodology, if it really can be defined as such, should be somewhat timeless? Over a VERY long period in the market, certain things will certainly change. And while specifics of a methodology, i.e., the particularly approach, or specifics of strategies, will obviously change depending on many factors, shouldn't we have a basic model that is general enough that it can remain at the core of how we trade, always? What do you think? @tigertrader

The following 6 users say Thank You to josh for this post:
 
  #1694 (permalink)
Elite Member
Philly, Pa
 
Futures Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
 
tigertrader's Avatar
 
Posts: 5,948 since Jul 2010
Thanks: 6,314 given, 31,870 received


josh View Post
A post by you anywhere would be well-received Gary. You are, after all, the most interesting trader in the world.

A question for you--if you think about a "methodology," some might call to mind a trend following methodology, for example. Or maybe it's a range breakout methodology. To me, these aren't really methodologies, but strategies. Don't you think that a methodology, if it really can be defined as such, should be somewhat timeless? Over a VERY long period in the market, certain things will certainly change. And while specifics of a methodology, i.e., the particularly approach, or specifics of strategies, will obviously change depending on many factors, shouldn't we have a basic model that is general enough that it can remain at the core of how we trade, always? What do you think? @tigertrader

Yes, strategies would have been a better choice of words.


Cut me some slack, Josh. I'm (old) and trying to trade and write these posts at the same time...(LOL)

The following 6 users say Thank You to tigertrader for this post:
 
  #1695 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


Adamus View Post
I think I have a great new avatar for you.......

That was to far.......

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following user says Thank You to PandaWarrior for this post:
 
  #1696 (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, 5,026 received


PandaWarrior View Post
That was to far.......

I heard about that the other day on a radio talk show. Michael Douglas plays Liberace, and Matt Damon is his boyfriend. Does not sound pretty, but I plan to watch it.

The following user says Thank You to GaryD for this post:
 
  #1697 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received


PandaWarrior View Post
Current win rate: <32%. Current Equity Curve Slope. >45%

I am happy.

This actually hit me like a brick.....

Another light bulb moment.

My stats - current win rate 91% - Current equity growth < 5%



I am now diligently following @tigertrader's excellent advice from hereon.


My risk aversion and loss aversion need to go and I need to stick to my guns!


Last edited by iqgod; June 7th, 2013 at 02:21 AM.
The following 2 users say Thank You to iqgod for this post:
 
  #1698 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received

While I appreciate Gary's offer to attend the Speculators Dinner, I would like to bring the discussion to a close at this time. While there are no prizes for participating, I wish to express my heartfelt thanks to each of you for taking the time to have some fun at my expense. These last few posts have generated over 1000 views of my thread in two days.

On another more trading related note, I did not trade today. I had internet issues all morning.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following 6 users say Thank You to PandaWarrior for this post:
 
  #1699 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received


PandaWarrior View Post
While I appreciate Gary's offer to attend the Speculators Dinner, I would like to bring the discussion to a close at this time. While there are no prizes for participating, I wish to express my heartfelt thanks to each of you for taking the time to have some fun at my expense. These last few posts have generated over 1000 views of my thread in two days.

On another more trading related note, I did not trade today. I had internet issues all morning.

Now there goes a trader.

I agree - let's not deviate from the seriousness of this thread that has helped so many like me find their way in the jungle.


Last edited by iqgod; June 7th, 2013 at 01:59 AM.
The following user says Thank You to iqgod for this post:
 
  #1700 (permalink)
Elite Member
London, UK
 
Futures Experience: Beginner
Platform: NinjaTrader, home-grown Java
Broker/Data: IB/IQFeed
Favorite Futures: EUR/USD
 
Adamus's Avatar
 
Posts: 1,085 since Dec 2010
Thanks: 470 given, 778 received



iqgod View Post
This actually hit me like a brick.....

Another light bulb moment.

My stats - current win rate 91% - Current equity growth < 5%



I am now diligently following @tigertrader's excellent advice from hereon.


My risk aversion and loss aversion need to go and I need to stick to my guns!

If you've ever traded with a mechanical system / EA / automated strategy / whatever you like to call it, then you'll really appreciate the stats a lot lot more. There are about 5 different stats you want to look at beyond the primary pair of win rate vs win-loss ratio:

- avg profit per trade
- avg slippage per trade
- trades per day / week / time period
- max dollar drawdown
- max time in drawdown

and then a whole load more like MAE, MFE, etc. It's definitely worth the effort of logging your trades in a spreadsheet. Bit of a pain in the neck especially as I found that Excel sometimes crashes Ninja

You can discover what your enemy fears most by observing the means he uses to frighten you.
The following 3 users say Thank You to Adamus for this post:

Closed Thread



futures io > > > The PandaWarrior Chronicles

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     


All times are GMT -4. The time now is 07:41 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 2017-12-12 in 0.14 seconds with 20 queries on phoenix via your IP 54.234.255.29