Koyaanisqatsi Hototo--wldman out of balance (Page 67) - Trading Journals | futures.io
futures.io futures trading
 

Go Back   futures.io

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


Koyaanisqatsi Hototo--wldman out of balance
Started:May 14th, 2012 (07:40 PM) by wldman Views / Replies:49,828 / 695
Last Reply:November 1st, 2016 (03:53 PM) Attachments:53

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
 53  
 
Thread Tools Search this Thread

Koyaanisqatsi Hototo--wldman out of balance

Old October 6th, 2016, 10:16 AM   #661 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

Hey..

@sudhirc nice to see you. Hope you are well.

Reply With Quote
     

Old October 6th, 2016, 11:44 AM   #662 (permalink)
Elite Member
detroit,mi
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: NQ
 
sudhirc's Avatar
 
Posts: 265 since Sep 2011
Thanks: 1,274 given, 285 received

Hello @wldman,


doing okay myself, surviving i guess :-)

How are you doing, did see you here for a long time.

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

Old October 6th, 2016, 12:16 PM   #663 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

Looking back...


with a fresh perspective and an open mind I see things that I love, that I hate, and that do not make any sense now in prior journal posts.

So first I want to say that I make/made these posts for me, for my "record" and future benefit as a depository for work as it is in progress. I do not seek a "following". Nor do I want/need to convince anyone of anything...though I will dispatch bullshit or call out suspected bullshit pretty quick I am not on patrol to educate or protect.

I do not do SIM trades, not ever. I believe that systemic, heavy, serious, data driven back testing is a waste of time unless you are building a black box automated method.

I am interested in what you do/think and I acknowledge that many contributors here have skills and specific talent that I can not even imagine. I am definitely here to "mine" that field for things I did not or can not think up or construct on my own.

I will share freely anything with sincere people as long as folks know they are responsible for their own actions. That is to say often years of specific background context is left out. That is not intentional. I characterize it like this.

I often cross the street with my teenage children. I no longer say, stop, wait for me, hold hands, look both ways because after thousands of crossings we have a shared context. You and I do not have that as market participants and I take nothing for granted. If you cross the street with me and get run over it is on you, not me. I will never cross the street with you without asking ALL kinds of questions first. That is to gain understanding, period....not to "out" you or make myself feel/look better.

Past this paragraph I will not get sucked in to talking about trading in terms of dollars unless it is specifically necessary. Worst single day trading loss is in the tens of millions but that was never typical. Great make your month days were six figure days. Typical days were usually mid five figure net liq swings. It was not unusual to have one more losing or winning day per month than the other way. It was also common to go weeks without a losing and sometimes a winning day.

I have seen it all but I DO NOT know everything.

Please be respectful to everyone posting in the thread.

Thanks everyone.

Reply With Quote
     
The following 7 users say Thank You to wldman for this post:
     

Old October 6th, 2016, 12:27 PM   #664 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

I've been off..

of the forum and not day or swing time frame trading since the end of December 2014. I am in the process now of de-constructing and putting back together a few primary methods. I have funded a trading account, depending on how this creative process goes I may resume day and swing trading in 2017.

I remember you moved to Detroit area so your wife could finish her medical education. I'm sure that is distant history now. Continue to be well and do well Sudhir.


sudhirc View Post
Hello @wldman,


doing okay myself, surviving i guess :-)

How are you doing, did see you here for a long time.


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

Old October 6th, 2016, 12:30 PM   #665 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,154 since Mar 2010
Thanks: 6,305 given, 13,206 received

Futures Edge on FIO

Are you a NinjaTrader user?

 

wldman View Post
with a fresh perspective and an open mind I see things that I love, that I hate, and that do not make any sense now in prior journal posts.

So first I want to say that I make/made these posts for me, for my "record" and future benefit as a depository for work as it is in progress. I do not seek a "following". Nor do I want/need to convince anyone of anything...though I will dispatch bullshit or call out suspected bullshit pretty quick I am not on patrol to educate or protect.

I do not do SIM trades, not ever. I believe that systemic, heavy, serious, data driven back testing is a waste of time unless you are building a black box automated method.

I am interested in what you do/think and I acknowledge that many contributors here have skills and specific talent that I can not even imagine. I am definitely here to "mine" that field for things I did not or can not think up or construct on my own.

I will share freely anything with sincere people as long as folks know they are responsible for their own actions. That is to say often years of specific background context is left out. That is not intentional. I characterize it like this.

I often cross the street with my teenage children. I no longer say, stop, wait for me, hold hands, look both ways because after thousands of crossings we have a shared context. You and I do not have that as market participants and I take nothing for granted. If you cross the street with me and get run over it is on you, not me. I will never cross the street with you without asking ALL kinds of questions first. That is to gain understanding, period....not to "out" you or make myself feel/look better.

Past this paragraph I will not get sucked in to talking about trading in terms of dollars unless it is specifically necessary. Worst single day trading loss is in the tens of millions but that was never typical. Great make your month days were six figure days. Typical days were usually mid five figure net liq swings. It was not unusual to have one more losing or winning day per month than the other way. It was also common to go weeks without a losing and sometimes a winning day.

I have seen it all but I DO NOT know everything.

Please be respectful to everyone posting in the thread.

Thanks everyone.

Looking forward to seeing it...cheers...

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
     
The following user says Thank You to PandaWarrior for this post:
     

Old October 6th, 2016, 12:30 PM   #666 (permalink)
Elite Member
Fort Lauderdale
 
Futures Experience: None
Platform: NinjaTrader 7
Broker/Data: CQG
Favorite Futures: ES
 
Devil Man's Avatar
 
Posts: 429 since Oct 2009
Thanks: 1,304 given, 526 received

@wldman...glad you are well!

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

Old October 6th, 2016, 12:48 PM   #667 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

Bar Types

Price bar, not tavern...though both can get a person into trouble through deception.

I am reviewing everything with an open mind. My platform trading methods are/were all built on a derivative price bar known as Heiken-Ashi price bars. There is an article on these somewhere in the thread. I guess I should re-post the article but it may take weeks to find.

The incomparable @Fat Tails was instrumental in developing the version that I use. He was/is also a valued harbinger of potential nonsense that I might fall into. Harry is a brilliant and kind man that shares from a diverse and vast knowledge base. When and if he posts here, pay attention you are in the company of genius.

So in the next posts I want to document the type of bar I was using and evaluate the value and the danger of derivative price bars as price action at the right edge is absolutely king.


Last edited by wldman; October 6th, 2016 at 12:53 PM.
Reply With Quote
     

Old October 6th, 2016, 12:49 PM   #668 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

The Bar

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

Reply With Quote
     

Old October 6th, 2016, 12:52 PM   #669 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

with close dot

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

Reply With Quote
     

Old October 6th, 2016, 02:18 PM   #670 (permalink)
Market Wizard
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,055 since Aug 2011
Thanks: 966 given, 2,566 received
Forum Reputation: Legendary

Not sure..


of which is a better view. The top panel is a regular candle painted by the HA function. The bottom panel is the HA bar with the close dot.
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 > Koyaanisqatsi Hototo--wldman out of balance

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Balance of Power Indicator !!!!! Sadboybh NinjaTrader Programming 12 May 17th, 2012 11:25 AM
Minimum account balance to keep it active? jonc Brokers and Data Feeds 5 January 21st, 2011 10:33 PM
strategy runnning balance binthere EasyLanguage Programming 1 September 5th, 2010 08:09 PM
50% Balance Point Rule perryg NinjaTrader Programming 74 May 13th, 2010 05:19 PM
Hedging to balance losing trade emini_Holy_Grail Traders Hideout 1 February 5th, 2010 11:28 AM


All times are GMT -4. The time now is 10:02 AM.

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 2016-12-08 in 0.18 seconds with 20 queries on phoenix via your IP 54.205.176.107