Trading is the easiest endeavor in the world.... - Trading Journals | futures io social day trading
futures io futures trading


Trading is the easiest endeavor in the world....
Updated: Views / Replies:5,224 / 45
Created: by nakachalet Attachments:32

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
 32  
 
Thread Tools Search this Thread
 

Trading is the easiest endeavor in the world....

  #11 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,130 since Feb 2012
Thanks: 3,791 given, 7,660 received
Forum Reputation: Legendary


nakachalet View Post
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).
trading is the easiest endeavor in the world for anybody and everybody....;

Hahaaaaa!
1) Got mailbox filled with nice mails stating that trading IS easy and brings instantly a LOT of BUCKS
2) As I need not much money - there we go: Invest - trade - trade - broke the account
3) after many refilled accounts (you got it already) there are only two ways:
3a) QUIT: ahhh - there the 95% of all traders go
3b) Trade consistently profitable and stay in the game - these are the < 5% left

This is all hard work at any time.
If one thinks without learning and invest money into learning more than the basics there is no chance
to survive as a trader.
Expecting a learning curve of more than 2 years to reach that state of profitability. So it is very clear
that not many people will go this painful path of seeing their money draining...

GFIs1

Reply With Quote
 
  #12 (permalink)
Trading for Fun
Los Angeles
 
Futures Experience: Advanced
Platform: x_trader
Favorite Futures: Stocks
 
ReaM's Avatar
 
Posts: 127 since Mar 2011
Thanks: 96 given, 95 received

You have written a very good post, nakachalet. You seem to have an idea about how trading is done. Probably more than i do

Reply With Quote
The following user says Thank You to ReaM for this post:
 
  #13 (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: 29,354 given, 83,237 received


Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?

D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
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:
 
  #14 (permalink)
Membership Temporarily Revoked
siam, west coast andaman sea
 
Futures Experience: Master
Platform: ninja
Favorite Futures: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011
Thanks: 559 given, 200 received

reasons for setting up journal....


Big Mike View Post
Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?
D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
Mike

In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

1--it helps to stay more intensively focused on each trade.
2--it hightens your interests in each trade....
3--it intensifies your awareness of each beginning setup of a trade.
4--it helps you to face the fact regardless of profitability.
5--it humbles you when you have to post your negative trades, however small.


B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

1--it takes lots of minutes and preparation, particularly in my case, when i like to include pix of each trade taken, to clarify my subsequent self-evaluation of each trade.
2--it practically interferes each decision making to enter or not to enter a trade, when another product setup appears to show profitable setups, as well.
3--it takes even more time to categorize and to group each trade into its category.
4--it creates unnecessary self-doubt regarding if you've already maximized each trading opportunity, when posting regularly; when in actuality, it takes much more time to evaluate each trade and its conditions upon entering and also upon exiting a trade.
5--it would destroy some weaker traders' self-confidence and impending trade, if successive failures were recorded in succession. .


C) Were you initially reluctant to start this trading journal? If yes, why?

only certain concerns as to how much do i want to show other fellow traders, what and how do i manage setups, trade management and follow-up.

D) How do you feel, overall, about your journaling experience?

it is more suitable for beginning traders to keep track of each of their trades and write down reasons for each trade to sharpen their senses and awareness of why each trigger is pulled, than those already trading for a living who are so very used to pulling the trigger almost as a second nature, so to speak. besides, brokers' daily report would also already provide each trading particular in detail, in addition to traders' own on-screen dom and such.

E) Would you recommend to others that they should also start a trading journal?

see response in d which is more appropriate for beginning traders and perhaps many in between. so they can find reasons for each trade and reasons why certain trades are successful while some are not so successful, particularly when the same setups and similar conditions are observed and executed accordingly. in my opinion, it won't hurt to habitually record your own trading journal manually or electronically.


Last edited by nakachalet; March 31st, 2012 at 09:23 PM.
Reply With Quote
The following 2 users say Thank You to nakachalet for this post:
 
  #15 (permalink)
Membership Temporarily Revoked
siam, west coast andaman sea
 
Futures Experience: Master
Platform: ninja
Favorite Futures: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011
Thanks: 559 given, 200 received

hear ye, hear ye.... all motal traders.... you heard it here first....

bmt offers NEW TRADING PLATFORM AND BROKERAGE SERVICES....?
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


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


just accidentally came across the above message flashing on my 42' screen.

is the message accurate, mike?

how come there is no nothing appearing on any of our forum or thread at all.

what gives mike, isn't it an exceedingly happy occasion for all to celebrate....?

it is another outstanding milestone to cherish....

why is there such long silence in your own house, pls?

just curious. but then congrats is in order for another zenith accomplishment, mike.

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


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




nakachalet View Post
In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

1--it helps to stay more intensively focused on each trade.
2--it hightens your interests in each trade....
3--it intensifies your awareness of each beginning setup of a trade.
4--it helps you to face the fact regardless of profitability.
5--it humbles you when you have to post your negative trades, however small.


B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

1--it takes lots of minutes and preparation, particularly in my case, when i like to include pix of each trade taken, to clarify my subsequent self-evaluation of each trade.
2--it practically interferes each decision making to enter or not to enter a trade, when another product setup appears to show profitable setups, as well.
3--it takes even more time to categorize and to group each trade into its category.
4--it creates unnecessary self-doubt regarding if you've already maximized each trading opportunity, when posting regularly; when in actuality, it takes much more time to evaluate each trade and its conditions upon entering and also upon exiting a trade.
5--it would destroy some weaker traders' self-confidence and impending trade, if successive failures were recorded in succession. .


C) Were you initially reluctant to start this trading journal? If yes, why?

only certain concerns as to how much do i want to show other fellow traders, what and how do i manage setups, trade management and follow-up.

D) How do you feel, overall, about your journaling experience?

it is more suitable for beginning traders to keep track of each of their trades and write down reasons for each trade to sharpen their senses and awareness of why each trigger is pulled, than those already trading for a living who are so very used to pulling the trigger almost as a second nature, so to speak. besides, brokers' daily report would also already provide each trading particular in detail, in addition to traders' own on-screen dom and such.

E) Would you recommend to others that they should also start a trading journal?

see response in d which is more appropriate for beginning traders and perhaps many in between. so they can find reasons for each trade and reasons why certain trades are successful while some are not so successful, particularly when the same setups and similar conditions are observed and executed accordingly. in my opinion, it won't hurt to habitually record your own trading journal manually or electronically.


Reply With Quote
 
  #16 (permalink)
Trading Apprentice
Dallas, TX
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: CL
 
Posts: 1 since Oct 2011
Thanks: 1 given, 0 received

Very true but it takes more than two years of hard work

Reply With Quote
 
  #17 (permalink)
Membership Temporarily Revoked
siam, west coast andaman sea
 
Futures Experience: Master
Platform: ninja
Favorite Futures: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011
Thanks: 559 given, 200 received

@inthebubble: congrats and here is something to shoot for, if you like.

Attachment 69795
InTheBubble View Post
Very true but it takes more than two years of hard work

very very few, as a matter of fact, would be able to emphatically say what you did.

congrats, indeed.

a nonsensical dreamscometrue 002
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

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

---------------

a nonsensical dreamscometrue 003
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

------------

whatever happens to those pix....LOL

there are 5 pix and one video....

OH WELL.... again my humble apology, my very own inadequacy in not being able to post pix and video at the same time. shame on me.

(continue)

....most traders who are still making the journey.... because of their personal real live experiences.... which are very real and excruciating for most.... are not able yet, at this point in time, out of their trading experiences, declare that....

if and when.... you have the formulae or formula to not only tell you but also show you graphically on screen--when to enter and exit a trade at the 70% (?) level of confidence....

trading is truly the easiest endeavor in the world....

WHICH I ALSO KNOW ONLY A SMALL PERCENTAGE WOULD MAKE IT THERE ON THEIR OWN.... AND THIS SMALL GROUP DOES HAVE THEIR VERY OWN VERY ABERRANT IDEAS AND WAYS OF TRADINGS....


most would consider these traders abnormal and arrogant; but as a matter of fact, most would just like to be by themselves doing whatever they are doing, at whatever time span, at whatever speed and at whatever manner.... that appease their own individual characteristics and preferences.... which alone would cast serious doubt in many minds....

thank you very much everyone for spending your precious moment here, which is very much appreciated indeed. to compensate you for your time, would like to leave you something that hopefully would inspire each of you to also come up with your own holygrail but with a much better, much more precise, much more accurate and much more consistently profitable module than what you see here, K?

enjoy everyone and thank you again for visiting, much humbled.

Attached Files
Register to download File Type: swf 2012-04-12_video_yes_you_can_do_it_too_006.swf (2.04 MB, 69 views)

Last edited by nakachalet; April 12th, 2012 at 11:53 PM.
Reply With Quote
The following 2 users say Thank You to nakachalet for this post:
 
  #18 (permalink)
Membership Temporarily Revoked
siam, west coast andaman sea
 
Futures Experience: Master
Platform: ninja
Favorite Futures: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011
Thanks: 559 given, 200 received

a personal journal is not intended to show off, never.

this is a personal journal--NEVER INTENDED TO SHOW OFF
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


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

Trading may be the easiest thing in the world to you. But you are successful. I am not.

So don't show off.



@mrmuggins

this is a personal journal--recording whatever trades that have had just been executed. i prefer to use screen shots to illustrate rather than to use lines, paragraphs and pages of writing to explain, K? personally, i do learn more effectively and efficiently with graphics than verbiage, alright?

it is never intended to show-off.

when traders come by to visit, it is hopeful that from the avenue that has been chosen here that is , as much as possible, to always include screen shots, rather than verbal explanation of what transpired which personally is quite boring--to just listen and read like in the old school days, and

also by providing some corresponding graphics as augmentation; hopefully, visiting traders would be able to better understand and perhaps would be able to also pickup something to augment their own trading personality and style, if they so wish.

i am truly contrite if this gives the impression that the exposition conveys show-off which never is its intent. my humble apology to you, mrmuggins and also to everyone else who might feel the same.

more importantly, by the very fact that you are here with a bunch of other traders at bmt, you are already a head and shoulder above numerous others who are still in the dark about trading profitably. there are many more prolific traders on board here who have consistently contributed unselfishly to enrich other traders and have never asked for a dime in return.

mrmuggins, if you stick around long enough, you could be even more successful at trading than many of us, K? no one knows for sure.

90% of what you see on the application side, are all available here in the download section practically free to everyone who wishes. a diligent trader just needs to tweak around a little so it would fit his/her your own trading spec.

big mike's own old trading journal would be one of the very best guidelines for any trader who wishes to progress toward profitability and consistency.

cheers everyone.

@mrmuggins; specifically, if you wish to progress toward profitability and consistency real fast and in a big hurry <not that it is prudent or preferred> why not just copy a few relevant things that big mike did in his journal?

just setup exactly as he did in terms of long term, medium term and short term signals.... big mike also provided much better verbal explanation in his personal trade journal.

imho, it is entirely possible that you could even become reasonably profitable within a few months, if you could duplicate everything he did so successfully.

thx for coming by and expressing your opinion which is duly noted, K? wishing you much success, mrmuggins.

Last edited by nakachalet; 2 Hours Ago at 12:39 AM.


Last edited by nakachalet; April 14th, 2012 at 05:01 AM.
Reply With Quote
The following 2 users say Thank You to nakachalet for this post:
 
  #19 (permalink)
Membership Temporarily Revoked
siam, west coast andaman sea
 
Futures Experience: Master
Platform: ninja
Favorite Futures: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011
Thanks: 559 given, 200 received

a strange day at bmt, not being able to post a pix?

this text appeared seven or eight times....

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

The following errors occurred with your submission:
  1. The text that you have entered is too long (190402 characters). Please shorten it to 50000 characters long.

this text appeared 7 or 8 times, each time, i deleted some passage to trim down to fit the requirement.

after a few trimmings, the thoughts, ideas and questions generating from looking back at trading multiple products at the same time.... are completely deleted from the screen which is very unfortunately. it has been a couple of hours since i first started on part 2 which is now also been integrated into the original part 1; due to my own misunderstanding of how the posts are supposed to be posted from month to month; my apology as well;

and finally at this exhausted stage, it does not seem that the essence of trading and the incurring inherent problems concerning trading multiple products at the same time, remains any where to be noticed or recovered here.... so very sad and so very wasteful. just what sort of posting program is being employed here?

succinctly, even posting this single chart has been considered as too long by the posting program....????? what a day, indeed!

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


Last edited by nakachalet; April 14th, 2012 at 06:23 AM.
Reply With Quote
 
  #20 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,130 since Feb 2012
Thanks: 3,791 given, 7,660 received
Forum Reputation: Legendary



nakachalet View Post
this text appeared seven or eight times....

hey naka - thanks for your postings
have read your part two - as I read it: copy/paste from part one
Take it easy this weekend and

... R E L A X ...

Next week will bring some NEW movements

Cheers
GFIs1

Reply With Quote

Reply



futures io > > > Trading is the easiest endeavor in the world....

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
SHARKY'S Real World Trading Classroom sharky The Elite Circle 1245 November 19th, 2013 06:19 PM
Jan's Trading World wonix Elite Trading Journals 52 April 11th, 2012 05:30 AM
What in the World Are They Spraying? tellytub Off-Topic 0 January 29th, 2011 07:02 PM


All times are GMT -4. The time now is 10:07 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 2017-12-17 in 0.38 seconds with 20 queries on phoenix via your IP 107.20.115.174