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


Day Trading Stocks with Discretion
Updated: Views / Replies:19,412 / 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

  #181 (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 October 22, 2012

My week ends on Mondays now. It was another week of big first day and bleed as little of it away during the rest of the week.

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

Reply With Quote
The following user says Thank You to bijeremiad for this post:
 
  #182 (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 23, 2012

3 winners, 2 losers. Net $440. 4th best day on record. Could have been an all-time day if I wasn't so busy shorting into prior-day resistance.

Trade 1 Opened down and traded off the next bonce of the EMA21. Was watching the tape and the puttering out was pretty apparent. Then I bailed out after close to a $2 run down. I did have a plan to get back in, which led to trade 2.

Trade 2 was more a continuation of Trade 1 on the breakdown and continuation of trend. I got out shortly after entry as price bounced off resistance, and I had a plan to get back in if price pushed down yet again.

Trade 3 was looking for even more continuation, but resistance held firm. Stopped out.

Trade 4 was after missing the bounce at 8:15. Looking for a breakout. No luck.

Trade 5 was after I saw two failed pushes down past $154.50. Decided to get long for a failed break out (of which I was part of the failed breakout in Trade 4).

Stopped after 5 trades. Might have been able to trade the channel for the last 3 hours of the day, but focused on other things.

Attached Thumbnails
Day Trading Stocks with Discretion-20121023vfc.png  
Reply With Quote
 
  #183 (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 24, 2012


1 winner, 1 scratch, 2 losers. Net $19.

Avoided losing money on a failed break out at the beginning of the day, and got long shortly after. Misread the stall at $155.50. Would have been a great day if my runner had been with 200 shares, but the ATR5 was too high, might have gotten shaken out with a $0.20 stop rather than a $0.40. Ok day.

Attached Thumbnails
Day Trading Stocks with Discretion-20121024vfc.png  
Reply With Quote
 
  #184 (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 25, 2012

3 winners, 1 scratch, 1 loser. Net $185.

Trade 1 was an bounce off the EMA21. Was a little defensive with the stop. Thinking maybe range day, but I had also had recent success with failed breakouts, so i was looking for those too.

Trade 2 was thinking I had seen the low for the day and was respecting a run up. But was suspicious, as it was a countertrend day. Scratched out.

Trade 3 was flipping off the failed push higher. Traded like a range day, had a good exit.

Trade 4 was a little tight on the stop, looking at a double bottom, but vol kicked in and I was stopped out. That's ok, would take the trade again.

Caught Trade 5 after waiting through a consolidation. Small gain. Jumped out after price failed to push through $156, and I saw a lower high.

Attached Thumbnails
Day Trading Stocks with Discretion-20121025vfc.png  
Reply With Quote
 
  #185 (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 26, 2012

2 losers. Net -$80. Two full stop losses. Was out of the trading day in about 8 minutes total. I thought I had a double bottom and a failed break out on a key level of $155. Got long and stopped out in about 60 seconds. Then price made another push up. Don't know why I was so determined to catch it, but tried again, and was stopped out.

Frustrating because it could have been such a great day with the simple trend down from 8:45a to 9:45a, and the more complex upward trend from 10:15a to the close.

It has been 6 trading days since my last full stop day, so at least it is good to see them space out a little more.

Attached Thumbnails
Day Trading Stocks with Discretion-20121026vfc.png  
Reply With Quote
 
  #186 (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 29, 2012

No trades in observation of Hurricane Sandy.

Reply With Quote
 
  #187 (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 30, 2012

Markets still closed. Has been a little bizarre to not be checking the markets every so often to see what price is doing. Every once in a while I would look thinking "if I see consolidation the I will wait, but if price reaches the high of the day..." and then remember that nothing was happening.

Reply With Quote
 
  #188 (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 31, 2012

5 winners. $463, 3rd best day on record.

Trade 1 best run of the day. Was thinking of a long on the pull back to EMA21 given the strength of VFC on the open, but price never confirmed. So eventually shorted after two failed pushes up. Got out after extended push and approach of resistance area from last day of trading.

Trade 2 was looking for a complex correction. Traded exit like a range day, which helped.

Trade 3 was weak in retrospect. Too close to support for the day. Barely positive trade.

Trade 4 was trading the range for the day. Jumped out at $155.90, but had a plan to get back in if price went above $156.

Trade 5 was really a continuation of Trade 4, wasn't looking for much out of this trade bailed shortly after price saw first signs of hitting resistance.

Attached Thumbnails
Day Trading Stocks with Discretion-20121031vfc.png  
Reply With Quote
 
  #189 (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 October 31, 2012

The close of the market pushed my trading week to finish today. Best week on record. In fact I gained more this week than my whole first month 4 months ago. Also this was the ninth consecutive week of positive performance. Today also marks the end of a trading month (20 trading days), but I will put those numbers up in a separate post.

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

Reply With Quote
 
  #190 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,036 since May 2012
Thanks: 1,244 given, 1,304 received


@bijeremiad your journal and progress has been inspirational to say the least. Well done on your performance!

If you dont mind, I have a couple questions for you:
  • From observing your trades you seem to give price very little room to move against you. You cut your losers extremely quickly if they dont behave as you want. Would you agree with that observation?
  • Do you use any orderflow analysis to complement your price action observations? Or is it purely S/R based?
  • Do you always trade All In All Out. What is your thinking for not trading All In Scale Out?

Thanks, and keep up the good work!

Reply With Quote
The following user says Thank You to DarkPoolTrading for this post:

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)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

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 02:13 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 2017-12-11 in 0.14 seconds with 20 queries on phoenix via your IP 54.226.34.209