Short term TF trading - futures io
futures io futures trading



Short term TF trading


Discussion in Trading Journals

Updated by wrbtrader
      Top Posters
    1. looks_one indextrader7 with 449 posts (941 thanks)
    2. looks_two josh with 36 posts (46 thanks)
    3. looks_3 Victory Trader with 26 posts (3 thanks)
    4. looks_4 cmmichaels with 21 posts (16 thanks)
      Best Posters
    1. looks_one SteveH with 2.7 thanks per post
    2. looks_two indextrader7 with 2.1 thanks per post
    3. looks_3 Traderwolf with 1.6 thanks per post
    4. looks_4 josh with 1.3 thanks per post
    1. trending_up 107,111 views
    2. thumb_up 1,209 thanks given
    3. group 90 followers
    1. forum 797 replies
    2. attach_file 283 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)

 
Search this Thread
 

Short term TF trading

(login for full post details)
  #761 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


efutures View Post
You are doing a great job of being consistently profitable. Why did you move from TF to CL?. If I am moving to CL from TF, I could expect my profit to go up 2 to 3 folds else not trade CL as the drawdowns to much more severe on CL.

In my opinion, you could easily make more than 20-25 Ticks just by going to higher tick count and being selective in trading.

Thank you.

CL has more liquidity. I haven't left TF for good. It's still a very much loved market. CL has just been treating me very nicely and as I said it has more liquidity (which I will need as my AUM's grow).

You're right about the selectivity. It's really important, and will be a focus going forward.

Reply With Quote

Can you help answer these questions
from other members on futures io?
Anyone with Overcharts license/experience?
Platforms and Indicators
Traderoomplus
Trading Reviews and Vendors
US OTCQB STOCK Brooker for UK BASED RESIDENT
Brokers
Time Specific Volume Bars for Market Hours? Thinkorswim
ThinkOrSwim
Move indicator on Chart
NinjaTrader
 
 
(login for full post details)
  #762 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012

I've been so swamped lately. I'm sorry not to have been around.

Anyways, I have a bit of time today to do a trade review here.

Trade 1. Simple pullback within the uptrend. +13

Trades 2 and 3. Simple pullback trades. Trade 3 was a re-entry of trade 2. Neither one of these worked out, as I happened to catch the top of the move. Both trades were quickly scratched for -3 and -6 respectively.

Trade 4. Seeing the weakness in the uptrend, I faded the breakdown of the weak leg up. Unfortunately, I got stopped out on a retracement up to the breakdown level and didn't get to participate in the 25 tick run. I escaped with +7.

Trade 5. Simple pullback within the now bearish framework. +8 as profits were taken at the previous swing low area.

Overall +20 average ticks per contract today.


Reply With Quote
 
(login for full post details)
  #763 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


Made two more trades from my laptop. The movement looked nice, and the volume picked up, so I hopped on board.

Two pullback trades. +10 and +11 ticks.


Reply With Quote
 
(login for full post details)
  #764 (permalink)
In the heat
 
Experience: None
Platform: Tradeovate
Trading: Energy
 
PandaWarrior's Avatar
 
Posts: 3,162 since Mar 2010
Thanks: 6,324 given, 13,368 received


indextrader7 View Post
I've been so swamped lately. I'm sorry not to have been around.

Anyways, I have a bit of time today to do a trade review here.

Trade 1. Simple pullback within the uptrend. +13

Trades 2 and 3. Simple pullback trades. Trade 3 was a re-entry of trade 2. Neither one of these worked out, as I happened to catch the top of the move. Both trades were quickly scratched for -3 and -6 respectively.

Trade 4. Seeing the weakness in the uptrend, I faded the breakdown of the weak leg up. Unfortunately, I got stopped out on a retracement up to the breakdown level and didn't get to participate in the 25 tick run. I escaped with +7.

Trade 5. Simple pullback within the now bearish framework. +8 as profits were taken at the previous swing low area.

Overall +20 average ticks per contract today.


I may have missed it but what is your settings for your trend channel and what size chart are you trading in this view?

Brian

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
 
(login for full post details)
  #765 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


PandaWarrior View Post
I may have missed it but what is your settings for your trend channel and what size chart are you trading in this view?

Brian

Keltner (2,20) and 250 tick chart. I usually don't have the keltner bands on this chart, but just added it last night. Sometimes it helps me see motion clearer, sometimes it distracts me. I go back and forth.

Reply With Quote
 
(login for full post details)
  #766 (permalink)
birmingham, al
 
 
Posts: 18 since May 2012
Thanks: 11 given, 6 received

IT7, I see your screenshots are from MC now. Did you dump NT for MC?

Reply With Quote
 
(login for full post details)
  #767 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


eacherlunch View Post
IT7, I see your screenshots are from MC now. Did you dump NT for MC?

I did. Had some technical issues with NT, so went with MC for stability. So far, it's really great.

Reply With Quote
 
(login for full post details)
  #768 (permalink)
Lima Peru
 
 
Posts: 5 since Nov 2012
Thanks: 0 given, 1 received

what were the technical issues you had with NT?

Reply With Quote
 
(login for full post details)
  #769 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


ba2012 View Post
what were the technical issues you had with NT?

I'm not a tech guy... but it was a few crashes, due to ATM strategies it would appear. They have no idea what the problem was at NT, and refunded my subscription.

I'm quite happy with multicharts though. Especially being able to drag and drop an order management strategy on to an existing position.

Reply With Quote
 
(login for full post details)
  #770 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


Today was a pretty solid day. Other than missing an excellent trade early in the session, I took advantage of offered movement.



My main focus for tomorrow is maintaining the proper mental mindset throughout the heat of the battle. I've arranged some statements to read throughout the day to help me maintain the right mindset for my trading.

Here are the statements.

1. Forget the past
2. Focus on process. Focus on risk.
3. Wait, wait, wait for great opportunity.
4. Trust yourself. It's only an edge.
5. All it takes is one, single, good trade to make it all happen beautifully.

Reply With Quote


futures io Trading Community Trading Journals > Short term TF trading


June 9, 2013


Upcoming Webinars and Events
 

Order Flow Tools w/MotiveWave & Zytrade Brokerage

Oct 22
 

Technical Analysis Workshop w/NinjaTrader

Oct 27
 

Bookmap

Oct TBD
 

SharkIndicators

Oct TBD
 

Carley Garner

Oct TBD
 

GruttePier

Oct 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