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:184,394 / 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

  #1721 (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 went through my NT and training logs for Tuesday. I had so much fun experimenting multiple-contract trades on NT (most were green) in the morning. I deserved the enclosed losing one for the program. Why?

I was 2 bars late and I entered 4 ticks worse than the suggested price. It went +9 if one was prompt (SL would be manually adjusted to BE). Now I recall my thinking then .. "Still around the suggested price even it went +9 already .. a small pullback for me to enter and it would drop more."

Note: Need to add an hour to the enclosed for EST.

Well, no chasing! I simply couldn't resist the temptation + I always think CL drops or rises really hard .. +9 is nothing and will fall harder. I forgot it loves reversing too .. oooo

I will do my very best to tame my "chasing" trait in the coming days.

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-26-apr-cl-trade.jpg  
 
  #1722 (permalink)
The fun is in the numbers
Point Roberts, WA, USA
 
Futures Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
 
aquarian1's Avatar
 
Posts: 3,246 since Dec 2010
Thanks: 1,167 given, 1,760 received
Forum Reputation: Legendary


bobarian View Post
hey Beth, i hope you are feeling better, being sick is no fun.i read your journal, and apparently, alot of others do!i see the difference in opinions, and the conviction behind them..the important thing, is everyone is rooting for you!!
...
you hang in there Beth, we are all rooting for you
Bobby

I second that!!!!


Keep your mind in the future, in the now.
The following user says Thank You to aquarian1 for this post:
 
  #1723 (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


Believe you have had a Relaxing weekend. Fruitful one here .. and I was occupied with baking and domestic tasks lol. It's again time to make a birthday cake for UKNOWHO. When my preferred cream cheese was out-of-stock, I suggested making one next weekend. Oh, no no no .. he found another organic one .. light version. Well, it's softer .. still tasty. Want a glimpse:

https://futures.io/members/2263-albums86.html

Will now set-up the charts .. anticipate a slow Monday as some countries are on holiday. Spotting 1-2 signals may still work out .. smile ..

I'd like to thank a trading friend Brian who shared his MT4 platform tips with me last Fri afternoon.
Also my Big Big Thank You to all of You who have been very supportive since Day 1!

Have a Great week ahead everyone.

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:
 
  #1724 (permalink)
Elite Member
Toronto Canada
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: es
 
mmaker's Avatar
 
Posts: 353 since Feb 2011
Thanks: 1,169 given, 393 received

Thanks

Just wanted to say thanks for sharing your thoughts.

I read your entire thread.

There is not much to say that has not been said already.

I think there is so much info out there for the beginning trader....it is like drinking from a fire hose.

You have to find out what works for your personality.

You have to find out the truth about what works in trading regardless of who is trading. What is fluff vs. what is real.

This is time consuming.

Then you have to make a package of it, learn it and make a habit of it all.

It can be a long journey indeed.

Wish you all the best.


The following user says Thank You to mmaker for this post:
 
  #1725 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


wgreenie View Post
When my preferred cream cheese was out-of-stock, I suggested making one next weekend. Oh, no no no .. he found another organic one .. light version. Well, it's softer .. still tasty. Want a glimpse:

https://futures.io/members/2263-albums86.html

Beth

Hey Beth, those strawberries are bad for your allergy, but I guess you knew that already right :-)

The following user says Thank You to MetalTrade for this post:
 
  #1726 (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


MetalTrade View Post
Hey Beth, those strawberries are bad for your allergy, but I guess you knew that already right :-)

Thanks MetalTrade for your tip. I have not been reacting to strawberries .. it's not my favorite fruit. I reacted to not fully riped kiwi and cactus pear so far .. and occasionally grapefruit (too acidic). No more strawberries in the fridge .. no worries.

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
 
  #1727 (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 did 14 trades as of this moment (13 CL and 1 6E). My first 3 CL trades all went +7 before reversing. I could not even flatten my position (the button is not working - gosh). All ended up full SO with one has 3 pips slippage. I am really mad with the platform.

Same dilemma continued .. +8 .. +9 .. all ended up losing at the end because my PT 10 was not touched. I did strive to adjust my SL diligently to minimize the damage. The 6E one was profitable for +20 (2x10) for a short while and closed at +6 (2x3). Tried to give it more room to run.

When I was getting close to $1K daily loss maximum, I reduced the trade size to 1 contract. Made a few profitable trades and regained some lost ground.

In conclusion, I don't like the MT platform. It may work for slower markets and definitely not CL. Could also be me lol.

Anticipating a quiet morning turned out to be an extremely busy one for me. Life always offers nice surprises.

Continue enjoying your day.

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
 
  #1728 (permalink)
Elite Member
Edmond,Oklahoma,United States
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: ES, CL
 
Posts: 19 since Sep 2010
Thanks: 6 given, 30 received

Love the thread

Beth, I love this thread! I have been out of the game for about a year and returned to this forum and spent the past 3 hours reading through it. I have yet to finish it and perhaps this question has been asked already but here goes...

As you have grown in your trading experience, what set of indicators are you using currently? I would love to see what you have found that works, and what doesn't work so well. Thanks for your contributions!!!!!!!!

 
  #1729 (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


Caveman View Post
Beth, I love this thread! I have been out of the game for about a year and returned to this forum and spent the past 3 hours reading through it. I have yet to finish it and perhaps this question has been asked already but here goes...

As you have grown in your trading experience, what set of indicators are you using currently? I would love to see what you have found that works, and what doesn't work so well. Thanks for your contributions!!!!!!!!

Thanks Caveman for your kind compliments. Considering your Advanced status, we love sharing your tips too.

Having performed diligent testing/exploration of systems/indicators for almost two years (over 10,000 hours), I estimate that most functional systems are at least 60-70% profitable. It's up to the trader to make it or break out .. haha ..

My favorite systems include and not limited to the following:

1. Jeff's Inside Bar (extremely easy to manage/SL cushion is my only concern)
2. Sniper's Divergence Signal (both visual/audio alerts when divergence maybe in progress with suggested entry on the chart/timing and frequency are my issues)
3. Perry's System and The Wizard's Hopping Clouds (simple and straight-forward systems/trade management (when/where to enter) had been my challenge as I was either too early or late to the party)

My favorite indicators:

1. Price Action Swing (save me scratching my petite head on where to plot HH/HL/LL/LH labels)
2. Momentum osc such as DMPlus (incl ADX), Forex Index, MACD BB and SMI
3. SuperTrend .. so many versions available all give me a good idea on the current trend or trend reversal
4. Support/Resistance such as Dynamic SR, Bollinger, Keltner and MM .. I love their visual impact so that I have something to look up/down even the market may not respect these levels
5. MP with accu volume .. still learning how to benefit from HVN/LVN (potential PT/SL areas). Only figure out how to make it work for 6E (other currencies) and not CL/index futures yet. Will take a break until I experience a breakthrough unexpectedly. My weakness has always been spending too much time to uncover/solve myths ..

My favorite period type for my chart: I am using 5-RangeNoGap (from 3R) and feel quite comfortable with a 6- to 8-pip stoploss cushion for 6E/CL.

April was a special month (not only because I have started a 4-week training program). I spent more hours in reviewing my set-ups (many new comers in and out after market replay/sim)/trading plan/trade management. It hit home that System A works well for Traders A-B-C-D yet it did not work for me. Same for Systems B-C-D-E-F-... There was frustration when I got mad at my incompetence in making their "profitable" systems worked for me.

Then I started drafting out my preferred system and its features. Believe it or not, I created my system (not very crowded with indicators this time) and have been testing it for some weeks now. It's a simple color system .. no need to think too much. You know me .. when I think too much .. I will get myself into trouble.

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
The following 2 users say Thank You to wgreenie for this post:
 
  #1730 (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 did 1 6E (around 2:00 am) and 1 CL (closed it 2 minutes before US open) so far.

1. 6E went +11 (my PT @12) and I exited +6.
2. CL went +20 (my PT @20 .. not filled) and reversed against my trade -8 max (SL @10). I held on even my fingers were really itchy to close my position when my gains dropped from +18 something to +10 .. +4 .. -6 etc. I ended up closing it +13 when it ran +40 (my PT 20 would be filled) without me. Well, no open position close to market open (one of the rules) .. ..

Even I chose to hold both trades, I still cannot understand the logic behind. Why not go for +10 (for 6E) and +10 (for CL) when pullback/retracement started?! Maybe it's a strategy for one to hold without a PT + it's the last contract when one has already realized some gains for the first batch. Just a myth that I need more time to digest.

Have a Great day everyone!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Images
 

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)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

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 12:43 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 2017-12-16 in 0.17 seconds with 20 queries on phoenix via your IP 54.226.113.250