Beth's Journey to Make Her Millions - Trading Journals | futures io social day trading
futures io futures trading


Beth's Journey to Make Her Millions
Updated: Views / Replies:183,951 / 1,776
Created: by wgreenie Attachments:877

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Closed Thread
 877  
 
Thread Tools Search this Thread
 

Beth's Journey to Make Her Millions

  #1311 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

Have a glimpse of my NT 7 Workspace

I highlighted the Long I waited "forever" as both 6E and DX stalled there. Well, it did work out if I consider a post-noon trade. No worries .. I've become a more patient trader now .. haha ..

See see I only have 5 indicators incl 1 osc indie on Panel 2. My trading friend has sharper eyes and only needs 3. He does not need the Price labels and divergence indies LOL. You know me ..

Note: Not counting the Econ News and Range projection ones .. okay?!!

Beth (Hey, the painkiller worked .. only 10% left .. Now I wonder what I just took .. so fast ..)

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Beth's Journey to Make Her Millions-workspace.jpg  
The following 2 users say Thank You to wgreenie for this post:
 
  #1312 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

Big Mike Trading Forum Chatbox

Just noticed some changes on the Chatbox, ie with G for General Channel and CL/ES/EU etc. Any ideas on how they function? Thank you.

Beth (a little nosy .. )

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
The following user says Thank You to wgreenie for this post:
 
  #1313 (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: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received



wgreenie View Post
Just noticed some changes on the Chatbox, ie with G for General Channel and CL/ES/EU etc. Any ideas on how they function? Thank you.

Beth (a little nosy .. )

https://futures.io/feedback-announcements/2497-big-mike-trading-forum-changelog-15.html#post73710

Just used as rooms, but people tend to ignore them and chat where they want.

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.

The following 2 users say Thank You to Big Mike for this post:
 
  #1314 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

Auto Trend Line Detection

If you like me .. a little confused on how to draw trend lines .. You may want to visit the Downloads section for the subject indie .. both NT 6.5 and NT 7 are available. Enjoy!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
The following user says Thank You to wgreenie for this post:
 
  #1315 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

Mid-week update .. smile ..

Mon - Encountered some technical/hub issues. No trade.

Tue - Missed 3 good signals. No trade.

Wed - 2 live trades, ie 1 BE and 1 +2 (per enclosed). Did miss 2 before taking action.

I'm glad that I took 2 trades this morning considering my turtle progress since starting the 10-trade assignment. Did try to catch a third one which did not mature. Well, more good signals waiting for me tomorrow LOL!

More on today's trades:

1. Both were valid signals and I did double-check with my checklist before entry.

2. First one went up only 1 pip and did not look promising. I bailed at BE.

3. Second one got stucked at 1.3227. Either it broke or went the oppostive direction I thought. I exited at +2 .. then it broke down without me. I adjusted my PT to 8 .. which was a few pips above the most recent LL .. could be hit IF I did not exit. Well, I am quite happy with my trade management.

Post-trade review for the second trade: If I am willing to risk 3 pips (1 pip above the bar before my entry bar), I may choose to stay in the trade and let it play out. The trade did not go against me much .. price simply stalled there.

Emotion/Fear Indicator:

Not very scared when I was in a trade. My heart did race a little before taking more deep breaths. Then focussed on managing it.

Let's see what happen for the next two days .. 4 more to go ..

Happy & Successful Ticks/Pips!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Beth's Journey to Make Her Millions-8-dec.jpg  
The following 2 users say Thank You to wgreenie for this post:
 
  #1316 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

What did I mean when I said "I missed"?

Well, I believe you can guess the right answer. Just a reminder for myself .. I missed meaning I saw a signal (meeting my entry requirements) and I was reluctant .. thinking too much .. when I finally tried to place an order (for some of them), it's already too late .. ..

Good news: I did not place a sim trade as most of them worked. I ended up regretting more .. So, either live or SOH unless I am testing out something .. haha .. I don't want to fool myself with great sim trade performance. Either take it or leave it. I really believe only more live trade experience will help me at this stage.

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
The following user says Thank You to wgreenie for this post:
 
  #1317 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

Patiently waiting until 11:30 am and hopefully another signal shows up ..

Did a quick short .. it went against my trade instantly .. got out +2 .. then it hit my PT LOL! Well, no regret because it's a green one .. haha ..

Then DT .. another Short within seconds for me? I passed and it certainly worked as well. Now you can tell it's going nowhere. Let's see if I may pick up another one before closing the morning.

Happy & Successful Trading!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Beth's Journey to Make Her Millions-9-dec.jpg  
The following user says Thank You to wgreenie for this post:
 
  #1318 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

Well, only had one good signal so far, ie when we had a LH .. I placed an order (1-2 pip extra cushion from the official entry) and did not get filled .. sigh ..

Price movement has been extremely slow so far .. maybe it's the contract switchover + Federal Budget Balance news in the afternoon + it's Friday!! Let's see if I may spot one before 11:30 am LOL!

A quick reminder for myself: I did more trades when I was on sim .. actually more willing to follow the entry rule .. not striving for an extra 1-2 pip cushion. Doing real ones .. I have been more aggressive in entering at a better rate. As a result I missed most or almost all!

Good news: Instead of just spotting signals and being very reluctant to place an order .. then regretted .. I started placing more orders this week .. even they're not filled. To me, I am getting better .. at least my fingers are exercising more .. smile ..

The next step will be: Place an order according to the entry rule .. or just 1 pip cushion and not 2 unless the market gives it to me .. Sooo, I will work on this .....

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Beth's Journey to Make Her Millions-10-dec-tried-not-filled.jpg  
 
  #1319 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

I walked through my entry requirements in my former post and not sure if I cover my exit rules .. very important IMHO. Trade management has been very discretionary and I am watching out for the following (warning to exit early) when I am in a trade:

1. Price gets stalled and not moving after entry

2. It goes against the trade instantly .. usually not a good sign

3. When the OB/OS indicator goes too fast and price only moves 1-3 pips

4. DX does not align with my trade direction anymore

5. When it's getting very close to the US market open and/or high-priority news

Please be advised that it's my every intention to complete the remaining trades before Christmas. I was thinking I might be able to do at least 1-2 this morning .. unfortunately NIL .. sigh .. Well, I will be patiently waiting for some good ones next week. I am going to do my very best to tame my psyche!

Enjoy a Lovely weekend everyone!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
 
  #1320 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received


When price is going nowhere, No trade for me!! I used to fool myself that it might still work out .. certainly not now that I am a little bit more informed/educated.

My Number 1 Investment Mistake: Not educated enough to be an informed investor!

Will be back next week. Take care and stay warm!

Beth (It's been snowing almost everyday this week.)

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Beth's Journey to Make Her Millions-price-stalling.jpg  

Closed Thread



futures io > > > Beth's Journey to Make Her Millions

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
AR01 Our Journey AR01 Elite Trading Journals 226 January 31st, 2012 02:52 AM
When milliseconds make millions Big Mike News and Current Events 2 July 31st, 2011 07:28 AM
US Taxpayers Paying Millions For Fannie, Freddie Lawsuits Quick Summary News and Current Events 0 January 24th, 2011 12:20 PM
Verizon to Refund Millions of Customers for False Charges Quick Summary News and Current Events 0 October 3rd, 2010 07:50 PM
Welcome to My Journey! trader1512 Trading Journals 5 April 14th, 2010 09:56 AM


All times are GMT -4. The time now is 06:04 AM.

Copyright © 2017 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
Page generated 2017-12-11 in 0.14 seconds with 20 queries on phoenix via your IP 54.82.79.109