NexusFi: Find Your Edge


Home Menu

 





The benefits of creating a journal in this forum


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Anna K with 13 posts (12 thanks)
    2. looks_two Big Mike with 9 posts (170 thanks)
    3. looks_3 sledmt with 6 posts (1 thanks)
    4. looks_4 ratfink with 6 posts (18 thanks)
      Best Posters
    1. looks_one CaptainKirk with 19 thanks per post
    2. looks_two Big Mike with 18.9 thanks per post
    3. looks_3 deaddog with 4 thanks per post
    4. looks_4 ratfink with 3 thanks per post
    1. trending_up 62,639 views
    2. thumb_up 330 thanks given
    3. group 39 followers
    1. forum 84 posts
    2. attach_file 2 attachments




 
Search this Thread

The benefits of creating a journal in this forum

  #71 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


wldman View Post
total BS.


Short'n sweet... But no, tell us how you really feel.....lol

Ron


Sent from my iPhone using Tapatalk

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
The following 4 users say Thank You to Blash for this post:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
ZombieSqueeze
Platforms and Indicators
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Request for MACD with option to use different MAs for fa …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
50 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
GFIs1 1 DAX trade per day journal
31 thanks
What percentage per day is possible? [Poll]
31 thanks

  #72 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,459
Thanks Received: 12,695


wldman View Post
total BS.

God bless you dan...

Visit my NexusFi Trade Journal Reply With Quote
The following 3 users say Thank You to tturner86 for this post:
  #73 (permalink)
DDAVIS4
Delaware, OH
 
Posts: 1 since Aug 2016
Thanks Given: 1
Thanks Received: 0


My trading started to work better when I started / kept at journaling. My initial problem was I didn't know what or how to write about my trades. So I just started writing out what I did know and every couple weeks I changed it to match what I had learned and what I was doing different. I then created a checklist (see the Check List Manifesto by Atul Gawande) and that made another improvement in my trades.

This past week I was able to do five trades that worked exactly as I had planned:

Date Description Amount Net
8/8/2016 BOUGHT-CALL (WBA) WALGREENS BOOTS AUG 12 16 $80.5 (100 SHS) (Cash) ($157.58)
8/10/2016 SOLD-CALL (WBA) WALGREENS BOOTS AUG 12 16 $80.5 (100 SHS) (Cash) $243.46 $85.88
8/8/2016 BOUGHT-CALL (WBA) WALGREENS BOOTS AUG 12 16 $80 (100 SHS) (Cash) ($838.28)
8/10/2016 SOLD-CALL (WBA) WALGREENS BOOTS AUG 12 16 $80 (100 SHS) (Cash) $1,241.69 $403.41
8/11/2016 BOUGHT-CALL (KMB) KIMBERLY CLARK CORP AUG 19 16 $130 (100 SHS) (Cash)($2,522.76)
8/11/2016 SOLD-CALL (KMB) KIMBERLY CLARK CORP AUG 19 16 $130 (100 SHS) (Cash) $2,677.18 $154.42
8/11/2016 BOUGHT-CALL (GG) GOLDCORP INC COM NPV AUG 12 16 $18.5 (100 SHS) (Margin) ($1,082.76)
8/11/2016 SOLD-CALL (GG) GOLDCORP INC COM NPV AUG 12 16 $18.5 (100 SHS) (Margin)$1,277.21 $194.45
8/12/2016 BOUGHT-CALL (ANF) ABERCROMBIE & FITCH AUG 19 16 $21 (100 SHS) (Margin)($1,251.60)
8/12/2016 SOLD-CALL (ANF) ABERCROMBIE & FITCH AUG 19 16 $21 (100 SHS) (Margin) $1,756.36 $504.76
Each evening I went thru my checklist, put on OTOCO trades and let them run. I do look on during the day when I have time but I'm a consultant working on-site with a client and don't have control over when I can look at or make changes so it is important that I can just put the trade on and forget it.

Reply With Quote
  #74 (permalink)
 
bd92154's Avatar
 bd92154 
San Diego
 
Experience: Intermediate
Platform: NinjaTrader/Think or Swim
Broker: TDA/Interactive Brokers/ Data Feed TDA & IBK ( Dropped Kinetick)
Trading: Stocks NASDAQ
Posts: 1,058 since May 2011
Thanks Given: 1,542
Thanks Received: 448

@Big Mike

First before I start this short list TY for having a Journaling option available.

Currently I've run into several of the points that Anna K has well outlined here and I agree. Having others comment on your journal can be outright distracting at times.

Since journaling is such an individual endeavor I would like to see more options given for the individual journal author.

My wish list for Journaling options:
1. Private Journal by invite only: A journal that a person can invite members individually to view, or no members.
2. Toggle control for: ___ All other members posting __ PM messaging off related to Journal
3. PDF Instructions for futures.io journaling

Some of these wishes may already exist for journaling and I have just not come across the instructions as yet.

Since essentially we are bearing our trading soul out there with a journal at a minimum I'd like to see the option to turn off all replies other than your own individual posts, while at the same time people could PM you or put a thanks on your individual journal.

Thanks again for such a great site. I think that by making these options available to members or better known if they do exist that more people would journal.

Visit my NexusFi Trade Journal Reply With Quote
  #75 (permalink)
TraderGriz
Minnesota
 
Posts: 89 since Feb 2017
Thanks Given: 178
Thanks Received: 38

Mike your original post is so true. Thanks
After 17 yrs of being outta it I decided to try again. Well after 1 1/2 yrs I only made a $100 back then it didn't seem worth my time.
I think a journal would help many. Especially beginners an paper traders. Myself have a small account an make few real trades, so far so good. Also getting into it after such a time I also have 12 pages of different strategies an theory's on paper.

Reply With Quote
  #76 (permalink)
NerradC
Perth AUSTRALIA
 
Posts: 253 since Jun 2017
Thanks Given: 79
Thanks Received: 87

Thank you Big Mike for the benefits of posting/sharing journal.
I am truly believer that journal will be helpful to the person who post it. this is really a matter of accountability and of course, open for discussion in case there is an blindspot, which i hope i can learn from others fellow traders.

Reply With Quote
  #77 (permalink)
 Mightynorsman 
Albany, New York, USA & sometimes Central Florida
 
Experience: Intermediate
Platform: Tradovate+Jigsaw, TOS
Broker: Tradovate/CQG, TOS/Pony Express
Trading: Energies, Indexes, Grains
Posts: 160 since Mar 2016
Thanks Given: 547
Thanks Received: 361


Blash View Post
I use and like this Excel based trading Journal. Has only a one time fee (low if you ask me for what you get) and is very comprehensive IMHO.

Trading Journal Spreadsheet ®Trade Tracking , for Elite Traders!

Ron

Good Saturday morning,
I have looked at this multiple times and have almost bought, I just saw your post as I am trying to figure out a better journaling method and was reminded of TJS. So I thought I would ask, do you still use it and does it do everything you need without a lot of extra effort?

Thanks,
Otto

Reply With Quote
The following user says Thank You to Mightynorsman for this post:
  #78 (permalink)
Renasha
Pretoria South Africa
 
Posts: 2 since Sep 2017
Thanks Given: 0
Thanks Received: 2

Hi All
I am brand new to trading. I've been playing on a SIM account for about a month now. It is still scary new to me. I hope to learn a lot from all of you.

Reply With Quote
The following user says Thank You to Renasha for this post:
  #79 (permalink)
whats1thingnow
Whistler, BC
 
Posts: 34 since Dec 2015
Thanks Given: 25
Thanks Received: 9

kept a spreadsheet journal the last time i was actively trading and was cool to see all the stats and analyse my trades.

now i'm back after a long break and conveniently found this thread.

question for you guys who keep a journal...

when i kept it i found i needed to record the entry right away so i would remember exactly the reasonS for entering the trade. however, i found doing the entry itself taking my focus off from the prices and monitoring for continuation.

what's your experience? how do you find the balance?

Reply With Quote
  #80 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Frequency: Never
Duration: Never
Posts: 5,925 since Sep 2015
Thanks Given: 15,421
Thanks Received: 15,238



whats1thingnow View Post
kept a spreadsheet journal the last time i was actively trading and was cool to see all the stats and analyse my trades.

now i'm back after a long break and conveniently found this thread.

question for you guys who keep a journal...

when i kept it i found i needed to record the entry right away so i would remember exactly the reasonS for entering the trade. however, i found doing the entry itself taking my focus off from the prices and monitoring for continuation.

what's your experience? how do you find the balance?

I just keep a notepad (Windows) open and quickly jot down the entry type/reason for entering/setup I just took with either the time filled or simply something like "1st trade... 2nd trade... etc.".

At the end of the trading session I download the trade data into Excel and pair the two.

Reply With Quote





Last Updated on September 10, 2018


© 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