NexusFi: Find Your Edge


Home Menu

 





TST Combine Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one indextrader7 with 265 posts (970 thanks)
    2. looks_two josh with 28 posts (91 thanks)
    3. looks_3 Pedro40 with 16 posts (13 thanks)
    4. looks_4 Big Mike with 16 posts (55 thanks)
      Best Posters
    1. looks_one rubyslippage with 18.7 thanks per post
    2. looks_two indextrader7 with 3.7 thanks per post
    3. looks_3 Big Mike with 3.4 thanks per post
    4. looks_4 josh with 3.3 thanks per post
    1. trending_up 106,693 views
    2. thumb_up 1,774 thanks given
    3. group 85 followers
    1. forum 556 posts
    2. attach_file 50 attachments




Closed Thread
 
Search this Thread

TST Combine Journal

  #211 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

I thought I'd give a bit more color on the actual trades today. Given it was a really crappy session, and I think it's great to show transparency here of how tough it can be, but manage risk and keep on keeping on until you get something worth keeping around.

Here's the crappy section of today. Continually looking for some type of follow through and NOT getting it. This was a real rookie mistake on a FOMC day. I should have been mean reversion from the get go.





Now, post FOMC we're trading actual movement. Notice it was the first time all day I made any adds/ or scale-out-add backs. That's just conviction that comes from experience watching intraday PA. That sounds kinda cocky, so just to balance that out, let's be clear, I sucked almost all day. Should have been fading edges given the day. Ok, here's the last trade of the day:



Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
Exit Strategy
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
  #212 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

This isn't the overall-overall structure, but it's the highest level view I need for what I do.


  #213 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


Hey, I like when there's movement... I also like zero heat...



  #214 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

I made one more trade today. Took a long and it didn't look right so I scratched it for a point, turned out to be a great decision. Also another zero MAE trade! I should retire now.

I also made a pretty bad hesitation to enter a trade. Had my finger on the trigger and couldn't pull it. Shown in the chart below, along with the trades I did make.






I've been working really hard the past few months.

I'm going on a ski trip for a long weekend, so I've got a ton to do around here first. I'll be back Wednesday.

I may trade tomorrow AM if I have time.

Trade well. Manage risk.

-IT7

  #215 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

I'm telling you guys.... you don't need to get all fancy with what's going on.

Process: Overall structure > Trend/range within structure > strength weakness within trend/range > potential edge > where you're wrong > edge trigger > manage the uncertainty that follows.

^^ Trading plan ^^ Done. ^^ Holy Grail ^^

Structure for today, same as yesterday, except now we've finished coming down to the bottom of this channel. I expect a transition phase into uptrend eventually.


  #216 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

I submitted a custom combine last night for TST to review.

I'll let ya'll know if they approve it, and we'll begin the real journey for this TST Journal thread.

I apologize for this thread taking a few turns and not sticking with it's title. It's been an interesting past few months for me to say the least.

  #217 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,171
Thanks Received: 6,018


indextrader7 View Post
I submitted a custom combine last night for TST to review.

I'll let ya'll know if they approve it, and we'll begin the real journey for this TST Journal thread.

I apologize for this thread taking a few turns and not sticking with it's title. It's been an interesting past few months for me to say the least.

Hi it7,

kevinkdog will hold a webinar today that might interest you at 13:00 PM EDT.

Developing A Trading Plan To Pass the Combine and Stay Funded

Thanked by:
  #218 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

I'm honestly beginning to think people should scalp CL for a basic training/bootcamp thing, completely get their soul torn out, and then move to trading ES rotations. I'm not overconfident, trust me, just feel more comfortable with ES.

Today's performance:






  #219 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280


indextrader7 View Post
I'm honestly beginning to think people should scalp CL for a basic training/bootcamp thing, completely get their soul torn out, and then move to trading ES rotations. I'm not overconfident, trust me, just feel more comfortable with ES.

Today's performance:






Hey Dude

How are you executing though Ninja.....(your posting your fills)

But still using the S5 platform and trade analyzer??

" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
  #220 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012



greenr View Post
Hey Dude

How are you executing though Ninja.....(your posting your fills)

But still using the S5 platform and trade analyzer??

I traded on ninja yesterday, I traded on S5 today thus no ninja chart with the fills today.

Current setup is ninja charts with S5 DOM.

Here's an S5 chart with the fills for your edification and enjoyment:



sorry missed putting an arrow under the last long trade there, you get the idea though.


Closed Thread



Last Updated on August 28, 2014


© 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