Koyaanisqatsi Hototo--wldman out of balance (Page 8) - 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:49,819 / 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 May 23rd, 2012, 11:23 AM   #71 (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

bot 30...

so to the 21 net ticks add a 17 a 19 and a 33. 90 ticks gross after a less than stellar start....and then I get to still be angry as I cover the greed lot and BANG..DANG IT!!

All in all I will not be looking for the wing tips or the cuff links anytime soon.

Thank you everyone for stopping by. Please leave comments especially on errors or things I missed.

So, my daughters fish tank is the scene for a horrible crime. Seems the plecotomus has gone carnivore and started to eat the other fish. That makes wldman's little girls cry. The fish live by the same rules as everyone else ...you make my girls cry, I make you cry! Wildman is taking Mr.Carnivore to sleep with the fishes...large mouth bass and northerns. If I get my butt moving now, nobody will even notice.

Have a great day everyone.

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


Last edited by wldman; May 23rd, 2012 at 11:31 AM. Reason: add chart
Reply With Quote
     
The following 2 users say Thank You to wldman for this post:
     

Old May 23rd, 2012, 11:25 AM   #72 (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: 45,547 since Jun 2009
Thanks: 28,886 given, 80,159 received

Nice call on direction today, you were right and I was wrong. Hope you made out.

Check your PM when you have a chance.

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:
     

Old May 23rd, 2012, 11:33 AM   #73 (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

Thanks Mike...


after all that I still managed to miss half the move! I'll show the little carnivore whose boss....going fishing.

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

Old May 23rd, 2012, 06:01 PM   #74 (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 real pain...

today was in not riding the move all the way down. I am satisfied with the homework and all of the execution except covering that last lot short.

How do I fix that and get more out of the extended moves?

Thanks to everyone for stopping by. I hope you will comment, question or call me to task if you see something.

On the fish: My wife said that the girls actually came up with the idea of using their fish as bait before we go on vacation...little wldgirls , just like their daddy!

Lets do it again tomorrow!

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

Old May 24th, 2012, 07:53 AM   #75 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,878 since Jul 2009
Thanks: 1,448 given, 3,290 received

Futures Edge on FIO

wldman View Post
will post a view with the eyeballed items drawn in when I'm done eating a new breakfast....one that is not cold.

Looks like an embarrassing "miss" right out of the box...dang it!

Not sure I understand your "embarrassing" comment. Didn't you observe that the 200 was in your way for a long and you would not participate? Maybe I need to read your comments again but that's what I remember and looking at your chart and knowing how you view the 200 seems you made the right decision even though taking the long would've been a winner.

Reply With Quote
     
The following 2 users say Thank You to MWinfrey for this post:
     

Old May 24th, 2012, 02:01 PM   #76 (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

Hi Mike...


MWinfrey View Post
Not sure I understand your "embarrassing" comment. Didn't you observe that the 200 was in your way for a long and you would not participate? Maybe I need to read your comments again but that's what I remember and looking at your chart and knowing how you view the 200 seems you made the right decision even though taking the long would've been a winner.

thanks for stopping by.

Reference post 41

Embarrassed to have sort of identified the parameters for long side entry and then not taken it when it triggered. At that point while posting it looked like my view was wrong. When I am posting almost real time what you see is me thinking out loud. I had a short bias and was lamenting that I did not want to take the long side trade until there was confirmation above the 200 period. No sooner do I post than it plays out just that way. In that moment it looked like the immediate st trend had won and the price was going higher without me...so that was kind of embarrassing...to have described the set up and not been on the trade when it looked like a continuation up and a good pull back re-entry.

Then 15 minutes later the picture started to change. I did then post the "eyeballed items...a trend line convergence intersecting right in the current price bar(post42) Things where turning pretty fast. Price (KING) in the bollinger ribbon at the intersection of those trend lines.

Now was time to be short. Confirmed in post 46. But then the rumor of sovereign bids at 1.2650. Slight action against and a realized loser. Post 49 the long side was indicated again. With a miss and a little loser I was feeling the need to stay on method and just trade what I see...especially if Asian Banks are bid, right? (post 55)

The long was reasonable and well managed for a net of 42 ticks...but my bias was still that the risk would be tighter long and that the targets should be expanded short...but I was going to take indicated trades and stay on method.

Post 59 shows the slow train finally seeing the channel...channel trend lines "in". i usually do not draw then but thought for posting purposes they are valuable. See how that confluence worked out at the bottom of the channel? bollinger ribbon, 200 period, channel trend...I love that kind of confluence especially when it confirms my bias...lol Then we where in like Flynn as the equilibrium was shattered.

So I guess that is to say, Mike, when you lay it out there and are not ripping well and feeling smart right out of the box it gives you a little reservation.

Does that clear up the emotion "embarrassed" from that post? Just that I wanted to be right and winning. The thought process will always have that type of emotion.

Reply With Quote
     
The following 2 users say Thank You to wldman for this post:
     

Old May 24th, 2012, 03:41 PM   #77 (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

Good stuff. Enjoying following. I look forward to being the seasoned trader you are some day. I've been consistently profitable for a while, but I'm all over the place... as far as over-trading here, dumb decision there, allow a loss to get to big here, etc.

Anyways, I just say all that to let you know that it's nice to watch you and it gives me something to keep working towards.

All the best

Reply With Quote
     
The following 2 users say Thank You to indextrader7 for this post:
     

Old May 25th, 2012, 09:04 AM   #78 (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

Won't be hanging around long...

just wan't to print a winner or two.

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


Sold 76, first target 60. Be back in a few to talk. DB


Last edited by wldman; May 25th, 2012 at 09:17 AM. Reason: fix typo
Reply With Quote
     
The following user says Thank You to wldman for this post:
     

Old May 25th, 2012, 09:25 AM   #79 (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

Bot 60, bot 51

leaves the final lot.

This trade type is considered a pull back re-entry because it is triggered without a fresh signal or fresh acci zero line cross.

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


Here again, the third lot conundrum. I do think we could trade right back to the 1.2535 area.

However, I have a problem that I will discuss in the next post. For now I am going to profit lock this at 60...there is no target right now until I hear from the proctologist...he's looking for my head.

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

Old May 25th, 2012, 09:34 AM   #80 (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

Angry greedy bastard...


20 bid for last...filled! Because Scott said I'm nuts and I had no evidence otherwise.

I'm going to want ideas guys...give nme a min.

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

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

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 05:51 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 0.14 seconds with 20 queries on phoenix via your IP 54.211.207.116