the easy edge for beginner traders - futures io
futures io



the easy edge for beginner traders


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one creekboy with 1,035 posts (301 thanks)
    2. looks_two Allistah with 36 posts (8 thanks)
    3. looks_3 Rad4633 with 35 posts (18 thanks)
    4. looks_4 lolu with 25 posts (1 thanks)
      Best Posters
    1. looks_one cory with 0.7 thanks per post
    2. looks_two Rad4633 with 0.5 thanks per post
    3. looks_3 creekboy with 0.3 thanks per post
    4. looks_4 Allistah with 0.2 thanks per post
    1. trending_up 113,829 views
    2. thumb_up 378 thanks given
    3. group 48 followers
    1. forum 1,240 posts
    2. attach_file 927 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

the easy edge for beginner traders

(login for full post details)
  #1201 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

back to even took 6 off ,we want more

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	back to even.png
Views:	121
Size:	520.1 KB
ID:	109150  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1202 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

now i am looking to reduce 3 @16425 only out of fear of losing again ,still showing to hold short



got scared and 4 min later reduced the 3 contracts 1 tick below break even ,3 seconds later it dropped to target zone

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	reduce 3.png
Views:	109
Size:	517.7 KB
ID:	109155  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1203 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

so only 2 remain ,not sure what to do now as if i would have held all 11 i would be up 2 k ,but if i would have traded correctly i would be up 4 k ,go figure ,now i sit at 450 minus 21 contract cost

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	Untitledgot scared.png
Views:	95
Size:	520.1 KB
ID:	109157  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1204 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

now reduced 1 at 16421 to lock in profit and protect my loss ,now why did i not think of that at the beginning-

stop will be breakeven at 16430 on last contract

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1205 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

went flat on the trade ,here is todays trade report

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	tradereport.png
Views:	116
Size:	582.5 KB
ID:	109159  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1206 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

was running a test pattern on the yen today and found out ,even in sim mode on TST ,you can get stopped out from trading and had to jump to sept to recoup the best amount of cash that i could grab ,

I am getting more comfortable with there trading platform after nearly 3 weeks ,i only made 2 small mistakes today ,

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	yentest.png
Views:	92
Size:	1.16 MB
ID:	109905  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1207 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

caught the gold move this morning -but still had the same little mistake show up 3 times today - bottom line with TST ,if i cant get that little mistake to 100% i would still not pass the combine

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	424.png
Views:	113
Size:	837.8 KB
ID:	110051  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1208 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

played with the es today

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	425.png
Views:	106
Size:	1.04 MB
ID:	110252  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1209 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

there will be no trading today ,as i am taking mental time to let TST platform style plant firmly in my brain-

will be taking the 150k combine shortly ,i believe its 12k has to be cleared in 20 trading days ,so will target 600 clear per day,with a max lot of 3 contracts ,

next week i will finish out my sim month and will try to clear 1 k per day with a minimum of trading ,

time will tell

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to creekboy for this post:
 
(login for full post details)
  #1210 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

my gaol this week is to trade a max of 3 contracts and to try and gain 1000 clear per day trading mutiple markets

here is the opening ym trade

as of this post i had no system exit signal ,reduced my last contract @ 14671

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	ym429.png
Views:	108
Size:	2.43 MB
ID:	110572  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1211 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

2nd trade a loser ,

In all the markets i like to trade ,they are marked on buttons ,each market has 2 buttons ,they are all put in a cup and i pick 1 out and thats the market that i trade at that time ,

2nd pick was the yen ,it was already in a downward move as marked by the red candles ,
the areas are marked where decisions need to be made

1- was and entry do to price action on the TST chart (grey )
above -it was not 1 of my system entries ,my stop was down @ 85

2- the market moved to within 2 ticks of breakeven and should have exited the trade

3- was the break of the second uptrend high at which time i exited for a loss -

ended down today $300.

and do to not waiting for a system signal ,i am done for the day,i sat in this loser for 1 hour and 30 min ,and if i would have waited till 10:35 i would have been out of the trade in 3 bars and moved on to the next market ,now to make 5k this week i have to increase my target amout to 1250 per day using 3 contracts ,pressure ,time will tell.

i am sure i could trade out of the 300 loss ,but being a rule was broken ,it kicks in another rule ,that if you break a rule ,i am done for the day

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	yen429.png
Views:	150
Size:	1.24 MB
ID:	110598  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1212 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

i going to hang a calender up ,and use a sharpe ,like green when i feel great and red when i feel sluggish and see how it tracks out,and when i break a rule i will put a big black x on that day

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1213 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

please note in the TST max daily loss ,if i would have been playing the 15 allowable contracts ,i believe i would have hit the max loss for the day

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1214 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

today i pulled the CL ,i also have another cup i pull out how i am going to play today ,and that pull was all day for the CL,i cant even remember when the last time i pulled the all day button.

now if you look at the chart on the lower right ,that is a profit and loss chart for the chart being traded -on that chart every day i look to see where my stop should be ,or how many ticks ,you will see there was a max loss of 440 dollars ,or 44 ticks,

now the 2 ladders are the same with the same trade ,i LEARNED today i had to stretch the ladder through both screens(as i have 1 stacked above the other ) to be able to locate all unused stops and targets quickly ,as with the smaller ladder you see you cant see the stop ,i even reduced my stop to 25 ticks as 44 would not fit on the stretched ladder ,it made my trading today after a rough morning as you can tell be the contracts easier to handle once i adjusted the length of the TST trading ladder ,

i am sure i broke some rules today while trying to solve this sight problem,but you will find if you have a stack screen ,it will help you greatly with the removal of excess trades on TST so you dont get gonged

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	cl chart.png
Views:	123
Size:	1.13 MB
ID:	110743  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1215 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

if you see in the above post ,that all those contracts trying to figure out how to keep my trading ladder clean ,made on average 2.4 ticks per trade

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	last.png
Views:	115
Size:	2.31 MB
ID:	110768  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1216 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

as i get closer to the combin decision , i have found that stretching the ladder is the best idea for ME yet.
hear are todays results trying never to use more than 3 contracts ,which i broke 1 time today after the eu ambush @11:39 est ,my target of 1250 per days was not met today ,but thats ok

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	may1.png
Views:	88
Size:	2.59 MB
ID:	110878  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1217 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

stretching out the trading ladder is proving to be the best idea yet ,no constant scrolling looking for unknowns you see on the TST chart ,here are todays results ,complete now at 9:15 am ,sometimes all the stars just line up on the lucky side

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	stars.png
Views:	103
Size:	2.89 MB
ID:	110983  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1218 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

At the start of this week i set as goal of 5k or 1000 per day -as of 7:31 est i was within 250 dollars of that goal using a very specific plan, you will note the time/buy/sell data in the above left ,trade #4(yen)i used the WAG system of trading ,i have showed this before in this blog,

the chart and the T/B/S data sheet confirm the moves taken ,i tried to use different color lines to show entries and why its important to allow your stops to be taken when your on the wrong side of the move ,@TST most all charts i open have a 19 tick stop perset in or 237.50 in loss ,its not hard to see when trading a 15 lot on your most perfect guess entry that you will be killed the first time you step up to the plate ,

chart 1 shows all the setup ,with the blue hopium line i need to get to to recoup all my stupid money plus 100 dollars so in my mind i can feel like a winner ,but realistically it was a terrible trade concept that i see people on the forum use time and time again ,only the chart knows where it going ,not you ,play the chart and what you see


with that play nearly complete i will consider my week a success ,just for the items i have learned about the TST system ,

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	friday5-3.png
Views:	120
Size:	673.1 KB
ID:	111120   Click image for larger version

Name:	spike may 3.png
Views:	107
Size:	652.6 KB
ID:	111121  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1219 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

here is my TST performance chart for the last 17 days ,1st 10 day period i did not care what the wins or losses added up 2, my concern was to learn the platform and open my mind up to get comfortable with it -i believe i had drawn this account down to 128k area while just fast trading ,and trying to keep focused on where all outling stops and targets were sitting,so thanks to indextrader7 who showed me how to full time enable the flatten button and the TST education area ,that showed me 1 click functions -i have found my happy spot with the trading ladder and while finding it ,increased my account around 34K from the 128k low ,note I had some real aggressive trades on @ times ,but they did line up with my system ,

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	charts.png
Views:	110
Size:	475.5 KB
ID:	111124  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1220 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

i signed up for a 150k combine today for 20/60 days with a 16k profit line,i start monday

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 4 users say Thank You to creekboy for this post:
 
(login for full post details)
  #1221 (permalink)
 Massive l 
Legendary Market Wizard
Portland, OR
 
Experience: None
 
Massive l's Avatar
 
Posts: 2,012 since Mar 2011
Thanks: 1,698 given, 4,191 received

Good luck, creekboy!

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Massive l for this post:
 
(login for full post details)
  #1222 (permalink)
 David_R 
San Jose, Ca
 
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
 
David_R's Avatar
 
Posts: 1,517 since Nov 2009
Thanks: 2,278 given, 2,412 received

Best of luck to you.

D

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to David_R for this post:
 
(login for full post details)
  #1223 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

i have decided this is my plan

max of 4 contacts at any time

target 800 clear per day for 20 days

once 800 clear is surpassed ,will trade remainder of the day with just 1 contract

as a trader if 800 clear can be maintained day to day ,thats 4k per week ,60%of that for doing the job correctly is 2400 per week take home or 120k per year

now there is a point where letting the money ride that you can aquire 80% of the take or at this pace 3200 per week take home or 160k per year,

i have a girl graduating in june and would love to see her learn this system and be comfortable with TST,to get started in her own life on the right foot;

we took her in this past february,she was living house to house ,as she left her parents do to there long time habits, time will tell

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to creekboy for this post:
 
(login for full post details)
  #1224 (permalink)
 COTtrader 
Michigan, Jackson
 
Experience: Intermediate
Platform: NT and TS
Broker: NT Continuum
Trading: ES, CL
 
Posts: 857 since Jul 2009
Thanks: 389 given, 552 received

Best to you. You do well, I am certain.

Ken


creekboy View Post
i signed up for a 150k combine today for 20/60 days with a 16k profit line,i start monday


Reply With Quote
The following user says Thank You to COTtrader for this post:
 
(login for full post details)
  #1225 (permalink)
pipmystero
London
 
 
Posts: 5 since May 2013
Thanks: 0 given, 2 received

Good luck...Bro

Reply With Quote
The following user says Thank You to pipmystero for this post:
 
(login for full post details)
  #1226 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

monday-got off to a slow start ,as my email with password got lost up in the stars-bouncing around space somewhere- none the less -TST had it taken care by the open today-but felt like i was behind in getting setup-on the sim all the stops in the markets are set @ 19ticks ,but when i opened the ym today it had a 5 tick stop on the test platform ,so resets all the charts with all the things i like and setup the trading ladder to my happy place ,but felt like i was chasing the trades ,because of the lag time ,so i just took a step back and did a few trades ,but mostly watched -

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	mon513.png
Views:	102
Size:	2.63 MB
ID:	112269  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1227 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

i will take the time today as my day is done ,to describe how outside forces can effect trading -
we have and 11year old that broke her arm roller blading-a clean break 1 inch above the wrist-she goes to school and a kid showing off ,hammer fist right on the cast where the break is and breaks the cast and shifts the bone to a 30% offset ,now ithas to be pinned and set -as i found today ,this can and will affect your trading ,all i wanted was a nice little win so i can get on with what has to be done today-but no -no matter how good a system is -if you dont follow it ,it worthless,so here is a chart of GC from this morning -and notice there is no reason to be long -not 1 single signal showed to go long -but i tried 5 times -

when i look back as to why -i can only relate to wanting eventhing to work out positive for today -none the less -i hope someone learns from this today -as we often can have rather lengthy periods of nice positive quiet times ,then something will be thrown at you that your not mentally prepared for -the 1 great thing is i did not hit my max daily draw down ,before i caught myself ,if so look at the chart ,this all occured in about 1 hour and 20 min of time -so pay attention when you are trading and look around and ask yourself if your world is stable before you enter that first trade.

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	positive.png
Views:	103
Size:	540.9 KB
ID:	112336  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to creekboy for this post:
 
(login for full post details)
  #1228 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

here is todays results -this will last 8 weeks -2 pins and 1 super thick cast-at least my bad day only lasted for today -will start back at it on monday after i clear my head -

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	2013-05-14_15-05-59_395.jpg
Views:	89
Size:	376.7 KB
ID:	112394  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1229 (permalink)
 Rad4633 
Greensboro NC
 
Experience: None
Platform: TOS/ NT Dorman
Trading: ES TF CL
 
Rad4633's Avatar
 
Posts: 1,352 since Sep 2011
Thanks: 2,651 given, 893 received

Hopefully the time and pain will pass quickly, ouch

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #1230 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

thanks Rad4633-i cant remember the last time i traded out of what now i call desperate anger ,just a terrible stupid mistake,i am sure you recall the day we tested that ES pattern and was down 812.50 by 1 pm trading 1 contract ,and by 4pm we were back to breakeven after it broke out of the chop,
Yesterday i even saw my error and failed to react ,do to not being mentally in the game,
today is a watching day

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1231 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

my project priority seems to be getting back to her same old self other than the extra weight on her right arm -spent last 2 days practicing some mechanical calls on TST trading rooms ,some were accurate and some where not -maybe 50/50 ,but that's the end of that-
some say you need to be able to separate yourself when you trade from everything else-but as I found this week -I cant do it 100%

tough break all the way around

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	IMAG0873.jpg
Views:	111
Size:	722.5 KB
ID:	112780  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1232 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

here is and update on my TST -

Tuesday may 14th -just terrible as explained earlier

Monday may 20th -had a decent overall day as I am only trading 1 lot at a time do to loss tightness

Tuesday may 21st - tried only taking directional 1 way trades off my system -had never tried it before ,will never try it again -thinking back -I am glad it failed on the first attempt, as all balanced trading system need to account for opposite drawdowns -you will notice the average will and average loss were the same -but the trade balance was off

wed may 22nd -rollover day no trades on TST

Thursday may 23rd- was the most interesting day -see charts when posted below

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	day5.png
Views:	109
Size:	2.20 MB
ID:	113610  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1233 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

Thursday trade - trailer 2 tight

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	trailer.png
Views:	123
Size:	2.35 MB
ID:	113611  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1234 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

another trade -long with exit and no trailer -the 33 tick was 2 tight for this system -I failed yesterday to check my max loss on my balance sheet to see what my stop should have been ,the reason for only 600+ dollars Thursday was due to the stop being too tight ,and inside the pocket -by sticking with my flip positions ,this last trade for 1200 put me well in the green

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	no trailer.png
Views:	113
Size:	2.34 MB
ID:	113612  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1235 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

its always easy to look back and see the money day, and its always the day you did not trade it

it would shock you to see what the trade profit would have been for 1 contract-the first move was 2500 dollars

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	wed.png
Views:	109
Size:	2.35 MB
ID:	113614  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1236 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

I was watching a webinar yesterday -where the guys product was 3600 dollars and they made a statement in the room that it would pay for itself in 1 week if you joined there live trading room ,they always ran a 7 tick stop with a 5 tick profit now that would be 62 perfect trades in a row -what he did was ,in my opinion ,was he was coding price level off MACD crossovers and when several would stack on his 1 min chart that's where he took the trade ,

below is a chart of GC price levels ,I just pulled up a random date to test his level calling ,but notice the similarities of the base turn out of the chop for the breakout ,

after seeing this I may call it the elbow pattern -

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	macd2.png
Views:	133
Size:	652.7 KB
ID:	113743  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #1237 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

overall profitable day -but terrible % day -all of my own decisions - I guess the worse was taking lunch at 1:05 EST ,going flat on ES after shorting 71.25 area ,then returning 1/2 hour later to find it down 6 more points ,but that's trading -

so at least my terrible Tuesday streak is broken -

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	528.png
Views:	97
Size:	2.54 MB
ID:	113893   Click image for larger version

Name:	5282.png
Views:	82
Size:	2.50 MB
ID:	113894  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1238 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

just a update for may 31st -

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	531.png
Views:	108
Size:	2.56 MB
ID:	114223  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1239 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

another weekly update - I can tell you that I am learning a lot about myself and how I trade -1 of the things I will have to work on is exiting a trade why 1/2 the profit is gobbled up and then wait for the next entry -instead of riding it through till a signal-

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	68.png
Views:	115
Size:	2.39 MB
ID:	114933  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to creekboy for this post:
 
(login for full post details)
  #1240 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

just and update -still in the green on my combine -have 13 trading days left to finish -got to see the results of a # of old patterns test out ,to see the actual percentage results,i did hit the jackpot kitty on TST friday ,called the es close at 1568.75 and hit it to the tick ,for 9500 tst points

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:
 
(login for full post details)
  #1241 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

as you have seen -we are training a 18 year old recent graduate - this is becoming quite the challenge- I am finding teaching proper trading rules comes with a lot of why questions -

so for the last 10 sessions ,we tried to place only 1 directional trade -our target each time was a 1500 dollar target -using up to 15 contracts -or the full load ,

all but 2 loser days hit a 700 to 1100 profit zone but never cracked the exit point minimum of 1500-

the chart shows the ES trade from yesterday 6/26/2013

on the left side you see the entries of 93.25 and 94.75 ,using a 4 point stop the 93.25 trade was taken out -by 2 ticks -remember this trade if both stops were hit would have been very close to our 3 k per day loss limit -

although she was very close on her stop levels ,she still called short trades in a long setup ,created by the blue candles ,also you see where the entire trade had recaptured all of the 1400 loss plus about 400 clear -but no exit was taken ,

you see after 12 pm the market stayed blue and took out the stop

I guess the story I am trying to show for new traders is the why of following the signals -or red or blue

the market creates new movement patterns as it repeatedly passes through primary daily levels -which as of 12 noon on the day in question was the last pierce of the 1590 pivot level -

stick to the plan -now I have to pull this back above 150k by july 12 -to qualify for a new rollover combine -and also our 18 year old trader who I will call from here on out Capital A

so Capital A now understands why its nearly impossible to put 1 directional max trade in per day -with the risk allowances of TST -

:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Attached Thumbnails
Click image for larger version

Name:	10day try.png
Views:	210
Size:	604.6 KB
ID:	116960  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to creekboy for this post:


futures io Trading Community Trading Journals > the easy edge for beginner traders


Last Updated on June 27, 2013


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April
     



Copyright © 2021 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