Day Trading Stocks with Discretion - Trading Journals | futures io social day trading
futures io futures trading


Day Trading Stocks with Discretion
Updated: Views / Replies:19,452 / 297
Created: by bijeremiad Attachments:384

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

Reply
 384  
 
Thread Tools Search this Thread
 

Day Trading Stocks with Discretion

  #171 (permalink)
Elite Member
London
 
Futures Experience: Beginner
Platform: NinjaTrader,MetaTrader
Favorite Futures: EUR/USD
 
Posts: 24 since Sep 2012
Thanks: 23 given, 17 received


bijeremiad View Post
1 winner, 3 losers. $60 net.

Magic of money management.Keep it up!-)

Reply With Quote
The following user says Thank You to iamcereal for this post:
 
  #172 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

@iamcereal, perhaps better said 1 winner, 2 scratches, 1 loser. I just lump all the scratches together for simplicity. probably need to change that...

Reply With Quote
 
  #173 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Watching VFC in real time, October 15


2 winners, 2 scratch. Net $459, third best day on record. 7th consecutive week of positive returns.

Trade 1 After a double top and a lower high, I thought I had a good short, but price failed to push through $161 (for the second time). Should have paid attention. Stopped at BE.

Trade 2 took a pullback to the EMA21. Had a great run. But then lost quite a bit on the retrace from $162.50 down to below $162, adverse move of $100, which shook me a little, but held my stop and did not panic. But once price was not looking strong after the push up at 9:15a, I bailed. Fortunately I had a plan to get back in if I saw a complex correction, which I did at 9:27.

Jumped back in for trade 3. Run up was pretty easy to manage. But toward the end the "how much longer can this run go" started pounding in my head. I had two lines marked, green at $164, resistance from many days earlier and orange at $164.35, the 52-week high. I bailed on a strong push up to $164, and again planned to get in if it broke out above $164.

Trade 4 was getting back in. When price pushed higher, I couldn't believe it. Fortunately that disbelief was met with a "hold your nose and buy it" rather than the more destructive "fade this insanity." However when price pushed through the 52-week high, I thought we had more legs. I thought briefly about bailing and taking a quick $60. Instead I watched price retrace, and I got out at BE.

I thought about 1 more long at 12:30, but was pretty content with the day. Held off...

Attached Thumbnails
Day Trading Stocks with Discretion-20121015vfc.png  
Reply With Quote
The following user says Thank You to bijeremiad for this post:
 
  #174 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Equity curve, as of Oct 15

Columbus day threw my trading week off, which now ends on Monday. Interesting last two weeks. Basically 8 days of treading water and then two strong days.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by bijeremiad; October 18th, 2012 at 12:14 AM. Reason: fixed day count
Reply With Quote
The following user says Thank You to bijeremiad for this post:
 
  #175 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received

Congrats on a great job!

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #176 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Watching VFC in real time, October 16, 2012

3 winners, 1 scratch, 1 loser. Net $377

Trade 1 was a little earlier than usual, but we were dealing with a 52-week high, so when price pushed above, pulled back, and started moving up again, I did not want to miss it. Great run. I almost bailed early twice. But after a $3+ run up ( I was only long for $2.50 of it), I jumped after another unexpected push up started to sell off.

Trade 2 was a scalp that I thought about taking at the EMA21. Ended holding it for too long.

Trade 3 was a complex pullback.

Trade 4 was a test of the high of the day.

Trade 5 was a test of a channel bottom - was just a little early.

Attached Thumbnails
Day Trading Stocks with Discretion-20121016vfc.png  
Reply With Quote
 
  #177 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Watching VFC in real time, October 17, 2012

Two losers. -$80.

I really though we were going to have a pullback off the strong rally above the 52-week high. Was looking for shorts and took a couple lower highs to justify it. If I am trading with the trend, why am I looking for shorts just as the stock breaches new highs on the daily charts?

Attached Thumbnails
Day Trading Stocks with Discretion-20121017vfc.png  
Reply With Quote
 
  #178 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Watching VFC in real time, October 18, 2012

1 scratch, 3 losers. Net -$99.

Broke a rule for the first time in a long time. Did not stop trading after 2 losses. Cost me a little. Not a huge set back becuase I still honored the stop. Kicker is that my broken-rule trade was a flipper from short to long. Not in the best mental state today as evidenced by 1) fighting a range of consolidation, 2) overtrading, 3) flipping a position, 4) breaking a rule to try to recover the day's losses. All bad.

Attached Thumbnails
Day Trading Stocks with Discretion-20121018vfc.png  
Reply With Quote
 
  #179 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Watching VFC in real time, October 19, 2012

3 winners, 1 scratch, 1 loser. +$86.

Finally got my down day. Had a hard time staying in. Got shaken out on market action. Was beaten up over the last two days looking for a short after trends up on the daily chart, so I was skittish about being short a reversal. Played more defensively. Ok day.

Attached Thumbnails
Day Trading Stocks with Discretion-20121019vfc.png  
Reply With Quote
The following user says Thank You to bijeremiad for this post:
 
  #180 (permalink)
Elite Member
San Francisco, CA
 
Futures Experience: Beginner
Platform: IB
Favorite Futures: Stocks
 
bijeremiad's Avatar
 
Posts: 410 since Jul 2011
Thanks: 283 given, 325 received

Watching VFC in real time, October 22, 2012


1 winner, 2 losers. Net -$21. Lost all my markings on the chart. No comments.

Reply With Quote

Reply



futures io > > > Day Trading Stocks with Discretion

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Real-time intra-day data feed for TSX stocks?? Calgarybabybear Reviews of Brokers and Data Feeds 3 March 15th, 2015 11:09 AM
One Way to Beat the Market: Own Stocks Just for One Day Quick Summary News and Current Events 0 January 2nd, 2011 07:50 PM
Trading competition- 7% a day? lokgotkent Traders Hideout 5 October 18th, 2010 10:21 PM
Time of day trading TomBear The Elite Circle 5 September 8th, 2009 08:16 AM


All times are GMT -4. The time now is 09:37 AM.

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 2017-12-14 in 0.13 seconds with 20 queries on phoenix via your IP 54.82.56.95