Trade The Value Trading Journal - futures io
futures io futures trading



Trade The Value Trading Journal


Discussion in Trading Journals

Updated by Conal
      Top Posters
    1. looks_one Conal with 69 posts (10 thanks)
    2. looks_two nakachalet with 5 posts (4 thanks)
    3. looks_3 Big Mike with 2 posts (2 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 6,777 views
    2. thumb_up 16 thanks given
    3. group 3 followers
    1. forum 76 replies
    2. attach_file 128 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 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)

 
Search this Thread
 

Trade The Value Trading Journal

(login for full post details)
  #21 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received

Performance Review 2/27/12 - 3/7/12

1.) Market Conditions: Generally speaking the market was balancing at the top of an up trend during Monday and Tuesday last week. The markets started to break down. Gold went first then Crude then ES. My performance is better an days that are at least hitting the average pit range and volume. On days that were below the average I did worse.

2.) Strategy Setups:
A) Exbo -11
B) VARet +21
3.) Markets:
A) YG -6
1) ExBo +0
2) VARet +0
B) QM +11
1) ExBo +4
2) VARet +16
C) ES -11
1) ExBo -14
2) VARet +6
4.) Day of Week:
A) Monday -11
B) Tuesday -1
C) Wednesday -6
D) Thursday +9
E) Friday +3
5.) Letter:
A -2
B -19
C +3
D +6
E +3
F -6
G +6
H -3
I +6
6.) Trend Location:
A) Trend Initiative -31
B) Trend Responsive -9
C) Counter Trend Initiative +2
D) Counter Trend Responsive +35
7.) Trade Location:
A) InB +10.50
B) SOB -27.05
C) OB +10

Attached Thumbnails
Click image for larger version

Name:	Performance 2012-03-07 at 10.14.14 AM.png
Views:	36
Size:	69.0 KB
ID:	65390  
Reply With Quote

Can you help answer these questions
from other members on futures io?
converting useful Pine Script into Multicharts code
EasyLanguage Programming
Convert H Data TS to NT
NinjaTrader
Historical option expirations
Brokers
Market Replay and Fills (Denali data)
Sierra Chart
Chart on TV, what platform is best for swing order entries?
Traders Hideout
 
 
(login for full post details)
  #22 (permalink)
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011


Conal View Post
LESSONS 3/1/12

KEEP IT SIMPLE: Today I simplified my trading. I reduced my number of strategies to 2. Previously I was trying to implement 4 or 5 different strategies. I was confusing the hell out of myself and suffering from analysis paralysis. The problem I was suffering from was not wanting to let go of EVERY opportunity. I have to accept the fact that I will not catch EVERY move. That is ok. The key is to catch some moves. Nobody can catch 100% of the moves. Patience is key!

....Nobody can catch 100% of the moves....?

hi conal

it is entirely possible for a trader to catch 100% of the moves, you know?

just so.... that those moves are defined and fallen within the perimeter of that trader's trading setups, trading plans, trading strategies and his/her risks/rewards guidelines.

under the aforementioned conditions, traders can capitalize 100% of that market ups and downs, both way.... knock on wood....

but then, i tend to agree with you, that no one can manifest that envious feat every trading day, days in and days out, nights in and nights out....

wishing you even more profitable tradings both now and in days to come, K, conal?

on the other hand, a trader really does not need to capture too many moves in a trading day, you know?

ask yourself first, but then there are loads of other preliminary questions also; such as, how many trades do you wish to execute in a trading day?

but then the question would be dependent on which market and which product.... too?

any way, to make the long question shorter--what does your trading plan say about the trade setups that you ought to take....?

if you only want to execute 4 or 5 trades a day, you really need to use longer time frame to complement your trading strategies et al.... which i am certain you already knew this.

wishing you speedy success, conal.

Reply With Quote
 
(login for full post details)
  #23 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received


Thanks for the reply nakachalet. I agree with your sentiments that you can catch 100% of the move according to your setup and executing your plan 100%. I'm trying to be more patient and selective, looking to catch 1 or 2 moves. I want to be careful not to over trade, looking for a setup on every little twist and turn. Happy trading!

Reply With Quote
 
(login for full post details)
  #24 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received

Market Prep for Thursday 3/8/12

Attached Thumbnails
Click image for larger version

Name:	Screen shot 2012-03-08 at 8.12.18 AM.png
Views:	34
Size:	31.9 KB
ID:	65456   Click image for larger version

Name:	Screen shot 2012-03-08 at 8.12.26 AM.png
Views:	26
Size:	25.2 KB
ID:	65457   Click image for larger version

Name:	Screen shot 2012-03-08 at 8.12.33 AM.png
Views:	23
Size:	26.2 KB
ID:	65458  
Reply With Quote
 
(login for full post details)
  #25 (permalink)
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011


Conal View Post
Thanks for the reply nakachalet. I agree with your sentiments that you can catch 100% of the move according to your setup and executing your plan 100%. I'm trying to be more patient and selective, looking to catch 1 or 2 moves. I want to be careful not to over trade, looking for a setup on every little twist and turn. Happy trading!

hi again, conal

most of us do not mind pocketing 4 or 5 tics small potato per trade,

then if any of those trade does go according to our indic projects,

then it is all the better--i can assure you, this happens very often.

reasons? our setups have been carefully selected and vigorously tested before they are put into real time horse work, so to speak.

wanna share what some of your setups are? only if you wish to do so, K? <sorry, am in trade>

kind regards

Reply With Quote
 
(login for full post details)
  #26 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received

Trade Screen Shots for Thursday 3/8/12

Attached Thumbnails
Click image for larger version

Name:	GC Final 2012-03-09 at 8.28.35 AM.png
Views:	33
Size:	160.8 KB
ID:	65681   Click image for larger version

Name:	CL Final 2012-03-09 at 8.28.46 AM.png
Views:	29
Size:	177.6 KB
ID:	65682   Click image for larger version

Name:	ES Final 2012-03-09 at 8.28.57 AM.png
Views:	28
Size:	151.7 KB
ID:	65683  
Reply With Quote
 
(login for full post details)
  #27 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received

Trading Journal and Quick Monthly Review for Thursday 3/8/12

Attached Thumbnails
Click image for larger version

Name:	Screen shot 2012-03-09 at 8.48.49 AM.png
Views:	30
Size:	171.0 KB
ID:	65685   Click image for larger version

Name:	Screen shot 2012-03-09 at 8.51.08 AM.png
Views:	28
Size:	71.8 KB
ID:	65686  
Reply With Quote
 
(login for full post details)
  #28 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received

Market Prep for Friday 3/9/12

Attached Thumbnails
Click image for larger version

Name:	Screen shot 2012-03-09 at 8.14.20 AM.png
Views:	27
Size:	29.9 KB
ID:	65687   Click image for larger version

Name:	Screen shot 2012-03-09 at 8.14.25 AM.png
Views:	25
Size:	25.3 KB
ID:	65688   Click image for larger version

Name:	Screen shot 2012-03-09 at 8.14.34 AM.png
Views:	25
Size:	25.9 KB
ID:	65689  
Reply With Quote
 
(login for full post details)
  #29 (permalink)
Boston, MA
 
 
Posts: 72 since Feb 2012
Thanks: 6 given, 11 received


nakachalet View Post
hi again, conal

most of us do not mind pocketing 4 or 5 tics small potato per trade,

then if any of those trade does go according to our indic projects,

then it is all the better--i can assure you, this happens very often.

reasons? our setups have been carefully selected and vigorously tested before they are put into real time horse work, so to speak.

wanna share what some of your setups are? only if you wish to do so, K? <sorry, am in trade>

kind regards

Basically 2 setups:
1) Breakout: Looking for rejection of price via large volume and a large range. Enter in direction of breakout.
2) Retracement: Looking for price to stall at VAH or VAL, fade against level.

Reply With Quote
 
(login for full post details)
  #30 (permalink)
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011



Conal View Post
Basically 2 setups:
1) Breakout: Looking for rejection of price via large volume and a large range. Enter in direction of breakout.
2) Retracement: Looking for price to stall at VAH or VAL, fade against level.

thx conal

but what do they each means in terms of trading though?

could you pls explain perhaps with one of your charts as accompaniment, so it is easy to see and perhaps, understand better; what does each mean and what does each entail?

and particularly:

1--at which point in time, does one ENTER the trade?

2--and HOW DOES ONE KNOW, HOW LONG TO HANG ON TO THAT TRADE?

3--and, if the trade already entered, does not pan out; how long before bailing out?

4--and, how does one know, when to bail out, pls?

so next time, we could recognize them, when we come across any of them by ourselves on someone else charts, pls?

only if you have the time, K?

thx much again, conal.

Reply With Quote


futures io Trading Community Trading Journals > Trade The Value Trading Journal


March 31, 2012


Upcoming Webinars and Events
 

Bookmap

Nov TBD
     



Copyright © 2020 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