Sharmas Journal - futures io
futures io futures trading



Sharmas Journal


Discussion in Trading Journals

Updated by David_R
      Top Posters
    1. looks_one sharmas with 196 posts (212 thanks)
    2. looks_two spideysteve with 12 posts (9 thanks)
    3. looks_3 David_R with 9 posts (4 thanks)
    4. looks_4 HoopyTrading with 8 posts (10 thanks)
      Best Posters
    1. looks_one Big Mike with 2.0 thanks per post
    2. looks_two HoopyTrading with 1.3 thanks per post
    3. looks_3 sharmas with 1.1 thanks per post
    4. looks_4 spideysteve with 0.8 thanks per post
    1. trending_up 37,081 views
    2. thumb_up 294 thanks given
    3. group 39 followers
    1. forum 275 replies
    2. attach_file 180 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)

Closed Thread
 
Search this Thread
 

Sharmas Journal

(login for full post details)
  #11 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received

Some thoughts on my trading plan and my daily affirmations.

A DISCIPLINED TRADER WILL BE MORE SUCCESSFUL WITH A FAULTY TRADING PLAN THAN AN UNDISCIPLINED TRADER WITH A PERFECT TRADING PLAN
And the beauty of trading ‘IN THE ZONE’ is that these positive pleasurable feelings create such a wealth of healthy psychology that my subsequent trades become even more profitable and successful! And if I do experience a loss, I am cool, I don't react, i don't experience fear or doubt or anger and I just go on to my next trade unaffected. Well, that's trading ‘IN THE ZONE’....and it's a great experience, as I well know if I’ve been lucky enough to achieve it, even for just a short time. Trading is the greatest game in the world…and having a positive winning mindset is 80% of success. Keep my emotions cool, stay in control of my emotions, and I’ll be on top of the game always. “OWN THE ZONE”. I am a Samurai Warrior and I am a winner and on my way to Financial Freedom!



sharmas

Visit my futures io Trade Journal
The following 2 users say Thank You to sharmas for this post:

Can you help answer these questions
from other members on futures io?
Das Trader Pro
Platforms and Indicators
Delta PVP ( POC )
MultiCharts
reg nt8 indicator
NinjaTrader
Display Total Delta in Numeric form
MultiCharts
Thanksgiving 2020 Fundraiser - lets be grateful!
Feedback and Announcements
 
 
(login for full post details)
  #12 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received

Maintain Daily Trading Journal

List and detail trades taken; and detail trades skipped/missed that were in my Trading Plan.
Keep snapshots of charts that show signals taken/missed.
Detail my emotions throughout the trade.


Be honest in my journal about wanting to exit early; getting panicky when price goes against me; avoiding a trade because of fear; all the emotions that I’m feeling even if I don’t act on them.
Review my charts and my Journal weekly away from the emotions of the live markets


MENTAL PREPARATION
If internal/external influences distract my trading I will not trade or I will trade in simulation until confident the distractions have been eliminated.
Train myself to think in terms of Long Term Probabilities and NOT short term results.

The Fundamental Truths (Mark Douglas – Trading in the Zone)
Anything can happen.
You don’t need to know what is going to happen next in order to make money.
There is a random distribution between wins and losses for any given set of variables that define an edge.
An edge is nothing more than an indication of a higher probability of one thing happening over another.
Every moment in the market is unique.

I am a consistent Winner because:
I objectively identify my edges.
I predefine the risk of every trade.
I completely accept the risk or I am willing to let go of the trade.
I act on my edges without reservation or hesitation.
I pay myself as the market makes money available to me.
I continually monitor my susceptibility for making errors.
I understand the absolute necessity of these principles of consistent success and, therefore, I never violate them.


I alone will be responsible for the results of my trading.




Visit my futures io Trade Journal
The following 4 users say Thank You to sharmas for this post:
 
(login for full post details)
  #13 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received


Beautiful Shorts


Acme Indicators make life so much easier and still working on my entries and target level


Any suggestions and thoughts will be greatly appreciated.


sharmas

Attached Thumbnails
Click image for larger version

Name:	6E 03-12 7_03_2012.png
Views:	98
Size:	213.2 KB
ID:	65072  
Visit my futures io Trade Journal
 
(login for full post details)
  #14 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received

Again nice trend and easy to see the areas of opportunities.


sharmas

Attached Thumbnails
Click image for larger version

Name:	YM 03-12  7_03_2012.jpg
Views:	74
Size:	234.9 KB
ID:	65074  
Visit my futures io Trade Journal
 
(login for full post details)
  #15 (permalink)
toronto,ontaio
 
 
Posts: 973 since May 2010

Congrats on your new Journal venture..
Wish you Best of Luck...

Bugs

 
(login for full post details)
  #16 (permalink)
New Zealand
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Mirus/Zenfire
Trading: Currencies, YM, CL
 
Posts: 63 since Nov 2010
Thanks: 265 given, 31 received


sharmas View Post
Again nice trend and easy to see the areas of opportunities.


sharmas


Hi Sharmas

These charts look great but I was wondering if your were able to talk more about the indies, what they are, how you use them and why you took the trade - this would be helpful. Thanks

The following 2 users say Thank You to Trader12A for this post:
 
(login for full post details)
  #17 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received

Team

I am working on my numbers and potential entries.

I will hopefully in next day or two show more details around my entries.

And talk about my thought patterns as to why i took what i took.

Watch the space.

And any feedback or suggestion is welcomed with both arms as together we will learn and get better with making some greens or on consistent basis.

sharmas

Visit my futures io Trade Journal
The following user says Thank You to sharmas for this post:
 
(login for full post details)
  #18 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received

Here is my thought pattern for my 6E trade



sharmas

Attached Thumbnails
Click image for larger version

Name:	6E 03-12  7_03_2012.png
Views:	78
Size:	124.2 KB
ID:	65242  
Visit my futures io Trade Journal
The following 2 users say Thank You to sharmas for this post:
 
(login for full post details)
  #19 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received

Team

Just want to share 6E Chart for today and will be doing my planning towards opportunities to take few trades tonight


sharmas

Attached Thumbnails
Click image for larger version

Name:	6E 03-12  8_03_2012.png
Views:	62
Size:	186.0 KB
ID:	65401  
Visit my futures io Trade Journal
 
(login for full post details)
  #20 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 730 received


team

some key areas for 6E


sharmas

Attached Thumbnails
Click image for larger version

Name:	6E 03-12 8 Tick)  8_03_2012.png
Views:	52
Size:	131.1 KB
ID:	65434  
Visit my futures io Trade Journal

Closed Thread

futures io Trading Community Trading Journals > Sharmas Journal


August 8, 2016


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