NexusFi: Find Your Edge


Home Menu

 





T For Trading


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one devdas with 1,084 posts (284 thanks)
    2. looks_two Big Mike with 7 posts (5 thanks)
    3. looks_3 Bharatiya with 6 posts (5 thanks)
    4. looks_4 DbPhoenix with 6 posts (19 thanks)
      Best Posters
    1. looks_one DbPhoenix with 3.2 thanks per post
    2. looks_two Bharatiya with 0.8 thanks per post
    3. looks_3 Big Mike with 0.7 thanks per post
    4. looks_4 devdas with 0.3 thanks per post
    1. trending_up 149,795 views
    2. thumb_up 323 thanks given
    3. group 29 followers
    1. forum 1,132 posts
    2. attach_file 799 attachments




 
Search this Thread

T For Trading

  #551 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Booked Loss @ 5885.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	2012-12-06 12 58 34.png
Views:	110
Size:	105.0 KB
ID:	96536  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Deepmoney LLM
Elite Quantitative GenAI/LLM
ZombieSqueeze
Platforms and Indicators
Build trailing stop for micro index(s)
Psychology and Money Management
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #552 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

06-Dec-2012 : A day to salute . Timed stopped







Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #553 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


Holding a MIRZ long since 5965. I remember how it can fail and how to react after that.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	2012-12-07 11 14 39.png
Views:	142
Size:	88.3 KB
ID:	96627  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #554 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Finally it gave me my share..gone my way.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (15 Min)  12_7_2012.png
Views:	110
Size:	37.9 KB
ID:	96637  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #555 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

07-Dec-2012 : Took two trades as per my understanding.

I remained observer towards Opening, though my friends were Short with confident and succeeded. I could easily see from their ( and mine too ) view angle how its going down but due to turbulent bug from some previous fast open drive, i felt defensive myself. Rather i was waiting for proper pullback-resume to enter Long. Long didn't worked , i exited and it just gone the way up from next bar. I felt cheated but was not disappointed. It gave me impression that bug is still playing havoc with me. But all i was trying to replicate the action which i have been taken in such MIRZ Long trade and failure situations. Short trade gone the way fast as always happened in such failures.

There might be some questions regarding this as,

1) Why i exited Long when it was well within my risk span ? Neither it broke a major pivot or some thing real structural wise .

2) Why not Short entered if i perceived to exit from Long ?

3) Why not Long re-entered on next spurt ?

4) And above all , why Short entered delayed ?


I just read @PandaWarrior and @monpere conversation about stop placement here. Panda has been inspiration factor for me( and for many ). His posts lead me to "adopt" some methodology and plan. One common trait is that i too am momentum trader most of time. Answer to all above question, and about entry/exit/stop for me depends on momentum i perceive from current structure. Actually better to say its "Discretionary execution resonated by market momentum and structure real time within my methodological framework".








Some most recent MIRZ failure actions i remember are as,

4-Dec :



20-Nov :


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #556 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

This was one of superb move from MIRZ.... thanx to reserving my mental energy from yday poorly facilitated zone.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	2012-12-11 09 28 49.gif
Views:	113
Size:	167.8 KB
ID:	96862  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #557 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

I could not trade this MIRZ failure due to two reason,

1) I didn't believed in trend.
2) I was biased for Long and stubbed to that.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	2012-12-11 13 38 37.gif
Views:	109
Size:	209.9 KB
ID:	96872  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #558 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

10-Dec-2012 : No trade taken.

11-Dec-2012 : I realized latter that failure to trade MIRZ failure was due to not believing in trend. risk reward was ok.


I think , explaining anything now, about why not participated in down move will not be honest and i fear it would be truly Outcome biased. Truth is i failed in believing that trend is changing and had changed and got out of my reach.
Day session is like Exam - it doesn't matter how well you understand before/after exam, only matter what you wrote during exam.




( I marked three points A, B and C, where it hinted that trend is changing....but.... )

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #559 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

posting it for reference for my new experience with ever expanding leanings of MIRZ and its failures.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	supply.png
Views:	108
Size:	40.1 KB
ID:	96963  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #560 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


Passively trailing...hope im not getting greedy especially after first short scalp.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (15 Min)  12_12_2012.png
Views:	106
Size:	96.1 KB
ID:	96965  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on August 17, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts