NexusFi: Find Your Edge


Home Menu

 





Ready Aim Fire Bullseye


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one HighRise1202 with 221 posts (172 thanks)
    2. looks_two bluemele with 91 posts (66 thanks)
    3. looks_3 greenr with 17 posts (12 thanks)
    4. looks_4 wldman with 15 posts (8 thanks)
      Best Posters
    1. looks_one vovan348 with 1 thanks per post
    2. looks_two HighRise1202 with 0.8 thanks per post
    3. looks_3 bluemele with 0.7 thanks per post
    4. looks_4 greenr with 0.7 thanks per post
    1. trending_up 66,125 views
    2. thumb_up 301 thanks given
    3. group 16 followers
    1. forum 388 posts
    2. attach_file 28 attachments




 
Search this Thread

Ready Aim Fire Bullseye

  #281 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274


rounder8 View Post
A little discussion might be helpful for you too?

Great to receive your message, Rounder8. I'm a bit bummed out by my results today. I needed to receive a message like yours. I start my session with determination to stick to my rules...but lately I end up ignoring them...and paying the price. I keep a database of results and will share them this weekend.

Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Cheap historycal L1 data for stocks
Stocks and ETFs
ZombieSqueeze
Platforms and Indicators
REcommedations for programming help
Sierra Chart
About a successful futures trader who didnt know anythin …
Psychology and Money Management
What broker to use for trading palladium futures
Commodities
 
  #282 (permalink)
 rounder8 
Bangkok, Thailand
 
Experience: None
Posts: 148 since Mar 2011
Thanks Given: 291
Thanks Received: 174

Cheer up man!

You are doing fine, not every day can be a winner. If some trader is saying he wins every day then he is lying... I like the honesty you have had with trading which is the reason I became interested in this stuff in the first place.

I will start making my effort official by writing something in my journal. I will also start tracking my results. No mistakes/bad trades will be hidden because that will be a missed learning opportunity. I will go through most of your trades before I start any discussion so that I can (hopefully) see the forest for the trees. I also need to check out bluemele's effort from his journal which I haven't had the time to read yet.

Reply With Quote
Thanked by:
  #283 (permalink)
 DCFX 
USA
 
Posts: 7 since Jul 2010


Orin, hey, don't let today get you down. Some days are more challenging than others for this method, and today was not a 'textbook easy' day.

You've been doing very well... and it looks like you've been left to carry the NFT flag here for a while (-bluemele, have a good break, look forward to seeing you back journaling afterwards-)

so keep up the good work and have a great weekend.

Reply With Quote
  #284 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Yipes. Three stop outs. I know better than to trade on Fridays, especially when there is big news. But I did.

I say my second trade was like that made by a stumbling drunk, but I don't want to dis stumbling drunks.

Next week offers new opportunities...and a chance to actually apply my trading rules!


Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #285 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Market was pretty flat until housing sales news at 9 Central Time. The news was bad so of course the market immediately rose 5 points.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #286 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

There were some trading opportunities on weak momentum.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #287 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Saw beautiful short at 9:04 Central Time. Took if for 9 ticks.

I know, I know...it went on for a zillion points. I have to perform where I'm at and my mindset is in catch up mode.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #288 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Missed sweet setup at 8:45 Central Time. Don't know how I missed it.

Took goofy short later for a stop out.

Taking Friday off since the last two were brutal. Have a great weekend.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #289 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,469 since Jun 2009
Thanks Given: 33,246
Thanks Received: 101,669

Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?

D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #290 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274


A) What are the top five benefits you have seen as a result of regularly posting in this journal?

Feedback from other futures.io (formerly BMT) members
Increased self awaremess while trading
Increased honesty with myself on my trading performance
Improved performance :car:


B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

I often forget my trading plan in the heat of battle
I often make bonehead mistakes
I often don't have a target selected before I place the trade
I think I can make a profit with every trade
A mental proclivity will trump trading plan executions...with ease


C) Were you initially reluctant to start this trading journal? If yes, why?

It seemed insane to exhibit my level of trading skill for anyone to see.

D) How do you feel, overall, about your journaling experience?

It is not as good as receiving coaching from a professional, but much better than duking it out by yourself.

E) Would you recommend to others that they should also start a trading journal?

I highly recommend it. Ask someone who's doing it for pointers on getting started.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on November 2, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts