futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Trading Journals


Short term TF trading
Started:April 23rd, 2012 (12:56 AM) by indextrader7 Views / Replies:74,311 / 797
Last Reply:June 9th, 2013 (10:07 PM) Attachments:289

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike
     

Reply
 289  
 
Thread Tools Search this Thread

Short term TF trading

Old May 7th, 2012, 10:22 AM   #111 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

expectation now for breakout

Reply With Quote
     

Old May 7th, 2012, 10:25 AM   #112 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

Long, will take half off at
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


stop adjusted to 88.1 below 250 tick swing low

stopped

Reply With Quote
     

Old May 7th, 2012, 10:31 AM   #113 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received


PRIMO example of how I create a belief/expectation which causes my brain to only see information that support my belief. The 250 tick swings showed a failure to break resistance, and a weak pullback to retest (perfect short setup).

Reply With Quote
     

Old May 7th, 2012, 11:14 AM   #114 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

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


stopped, but re-entered at 89.1

10:32 scratched at B.E.


Last edited by indextrader7; May 7th, 2012 at 11:32 AM.
Reply With Quote
     

Old May 7th, 2012, 02:36 PM   #115 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

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

Long this pullback as we test the most recent swing low. Will probably manage stop loss tighter than it is currently.

2:04 stopped at 92.2, no more patience for this trade not developing as planned.


Last edited by indextrader7; May 7th, 2012 at 03:05 PM.
Reply With Quote
     

Old May 7th, 2012, 06:18 PM   #116 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

Breakeven on the day. First day trading using ninjatrader, so other thoughts and issues got in my way. The orders on the chart were getting in my way at times, and I don't like how it doesn't connect the entries and exits for easy end of day trade review. Not to say I didn't make trading mistakes today. A few losers held on to for too long, a few impatient entries, etc. Here are two pics showing all the trades I made today. Too many trades. Frustrated.
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).

Reply With Quote
     

Old May 7th, 2012, 06:51 PM   #117 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

Mistakes today:
1. Frequent mistake of mine, expecting a continuation way too quickly after a breakout begins to pull back. = impatient = fear of missing out

2. Chasing price around on smallest timeframe = impatient = fear of missing out

3. long an absolute falling knife, no confirmation, only getting NEAR a support level, not to it yet.

4. long after multiple failed attempts at resistance level? sheesh

5. long right at a resistance level again?

6. IF I TAKE A SCALP TRADE, IT NEEDS TO BE MANAGED AS SUCH WITH MUCH TIGHTER MANAGEMENT.

7. Too quick on the breakout pullback again.

8. Price breaks out, pulls back to level, and starts up again... so of course it makes sense to go short...

There were some good things amongst the bad.

Reply With Quote
     
The following 3 users say Thank You to indextrader7 for this post:
     

Old May 8th, 2012, 02:35 AM   #118 (permalink)
Trading Apprentice
Orlando, Florida, USA
 
Futures Experience: Advanced
Platform: eSignal
Favorite Futures: CL
 
Posts: 34 since Oct 2010
Thanks: 1 given, 90 received


cma6 View Post
I understood this valuable insight with the exception of this: " [A "price segment" doesn't have discernible "legs" to it on the same time frame as you're trading it on; therefore, it exists in ranges and trends]".
I figured that a "price segment" was simply a HLC bar in whatever time-frame your chart is.

"price segment" is what most call a "price leg".

Reply With Quote
     

Old May 8th, 2012, 10:47 AM   #119 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received

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

Reply With Quote
     

Old May 8th, 2012, 10:54 AM   #120 (permalink)
Membership Temporarily Revoked
Birmingham, AL
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: several
Favorite Futures: several
 
Posts: 1,065 since Apr 2012
Thanks: 713 given, 2,767 received


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

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Trading Journals > Short term TF trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Events (4:30PM ET unless noted)
 

Peter Davies: Getting Started in Scalping/Ultra Short Term Trading

Aug 25

FIO Journal Contest with over $2000 in prizes [entire month]

September
 

John Hoagland (TopstepTrader): From The Pits to The Screens

Sep 1
 

John Grady (sponsored by Jigsaw Trading): Choosing the right market

Elite only
 

Ferran Font Ramentol (sponsored by Stage 5): Scalping the Order Book w/HFT's

Elite only

Brannigan Barret: agenda TBA

Elite only
 

Tradovate: the modern, cloud-based futures trading platform

Sep 22
 

Jigsaw Trading: Standalone Tools now available

Sep 26

Suri Duddella: The 10 Basic Trading concepts to follow in the Markets (part 2 of 2) [w/book giveaway]

Elite only

Linda Bradford Raschke: agenda TBA [w/book giveaway]

Elite only

Raymond Deux (NinjaTrader): NinjaTrader 8 overview and Q&A

Elite only

FuturesTrader71: agenda TBA (part 4 of 4) [w/book giveaway]

Elite only

Corey Rosenbloom: agenda TBA [w/book giveaway]

Elite only

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/FIO member shodson

Elite only

An Afternoon with FIO trader GFIs1

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Oct TBD
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Spanish Short-Term Bill Yields Jump Dramatically Quick Summary News and Current Events 0 November 22nd, 2011 06:00 AM
very short-term "Swing" trading heywally The Elite Circle 2 May 13th, 2011 01:30 PM
Short term trading - ticks, fills and amount of trades Twiddle Beginners and Introductions 8 October 30th, 2010 09:16 PM
SHORT TERM trading instruments (5m or lower) ikeaboy Traders Hideout 12 August 14th, 2010 12:26 PM
Is there a big difference between trading long and trading short ? kittyan Traders Hideout 16 July 30th, 2010 06:19 AM


All times are GMT -4. The time now is 04:07 PM.

Copyright © 2016 by 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 2016-08-25 in 0.13 seconds with 20 queries on phoenix via your IP 54.166.148.252