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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #3211 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,588

Dax above 13k...

Dax long 10:30 to 13:00
entry @ 13013
exit @ 13012
result -1 point

IB vol LOW!! (4k)

GFIs1

Interesting peak support in 30m Kumo @ 13:00h.
From there support is weak (@13000/12990)

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GFIs1 1 DAX trade per day journal
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  #3212 (permalink)
 GFIs1 
who cares
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...did not happen here:
1) volume was very low ~4k
2) some political threats (Korea, Spain etc.)
which could influence the DAX at th base
3) Friday witch day - searching for 13k price @ 13:00

Good trades
GFIs1

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  #3213 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,588


After a new ATH yesterday some consolidation was previewed.
The Spain problem (Catalans) put some pressure on today - which
sent the Dax intraday 136 points down.
Not to bad to see the Dax lower than 13k again...
Volume @ 10:00 to 10:30 went up to over 13000 contracts.
That is impressive for 30 minutes
At least we see that some market participation is still here.

GFIs1

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  #3214 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,588

Simple witch day (13:00)

Dax long 9:30 to 13:30
entry @ 13043
exit @ 13024
result - 19 points

IB vol low to ok

GFIs1

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  #3215 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
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Trading: forget about it
Posts: 6,933 since Feb 2012
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Thanks Received: 15,588

This week had 2 trades - both negative

Weekly -1 -19 poins
Result -20 points
Points since week 1: 1348

GFIs1

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  #3216 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,588

Dax long 10:30 to 13:00
Start in the 30m Kumo

entry @13000
exit @ 13048
result 48 points

IB vol low

GFIs1

PS: ECB on Thursday
PS II: expecting another bullish move until 16:00 parallel to US indices (written 13:42)

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  #3217 (permalink)
alexk1968
athens, greece
 
Posts: 54 since Feb 2015
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GFIs1 View Post
Dax long 10:30 to 13:00
Start in the 30m Kumo

entry @13000
exit @
result

IB vol low

GFIs1

PS: ECB on Thursday

posted 33 mins after entry and 30 points already in favor...

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  #3218 (permalink)
alexk1968
athens, greece
 
Posts: 54 since Feb 2015
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JohnS View Post
what is your point? This not a trading service.

My point is, that even if it is a simple journal just for fun or for educational purposes, some credibility must be here. For me, and after watching this journal for aprx. 2 years, credibility is almost lost.

I can also post things in my journal here (if I had one), after the event already happened and claim big gains. What is the point of that??????

If the writings can not be verified, for me are pointless and only noise. You can keep the money in your pocket and not mentioning it here.

If it harms me or my pocket, sure no. If it disturbs me because it adds noise to an already noisy job, yes.

I want only to express my doubts, because doubts keep me alive in this business almost 18 years now.

But of course, if I am disturbed, I can always stop following this thread.

ps: By the way, what was the performance of this journal for 2016?

thank you all,
Alex

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  #3219 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
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Well, if you had a journal you would undoubtedly find that you would often post after your trades. That wouldn't mean you were faking it, just that you posted when you did. A journal is for reporting your trades and the reasons you made them, hopefully so you can improve your trading. That's all it is.

When I maintained a journal, I would sometimes post right when I made a trade, but usually not. Most of the time not until the end of the day, which is what almost everyone does.

If @GFIs1 were running a trade callout service, which he is not (and which would not be allowed here), that would be one thing. If he's reporting on how he trades and showing his method, that's another.

Keeping a journal is a way for a trader to be accountable for his trading so he can improve, not to tell someone else how to trade. It's for him, not for you. Whether he satisfies you or not is not the point.

If you don't feel you can use someone's journal posts to improve your own trading, then the solution is to stop reading them. That's easy.

Bob.

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  #3220 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,588


No problems so far. Except some here today on fio which gave me not the time to post earlier.
If you a are a dear follower since 2 years or maybe 5 and a half - you know that my postings are
most of the time most accurate - some before taking the trade, some live and some a bit late.
There is no secret sauce - just simple straight trading.
Maybe @alexk1968 had a bad streak. That will change for sure as every trader has some difficult
moments. But before posting such comments please allow to let me know WHO else here on fio is posting
trades realtime...

Good trades - and thanks for following
GFIs1

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