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



Beth's Journey to Make Her Millions


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one wgreenie with 1,146 posts (808 thanks)
    2. looks_two Big Mike with 108 posts (161 thanks)
    3. looks_3 cory with 52 posts (53 thanks)
    4. looks_4 monpere with 40 posts (86 thanks)
      Best Posters
    1. looks_one monpere with 2.2 thanks per post
    2. looks_two Big Mike with 1.5 thanks per post
    3. looks_3 cory with 1 thanks per post
    4. looks_4 wgreenie with 0.7 thanks per post
    1. trending_up 292,271 views
    2. thumb_up 1,621 thanks given
    3. group 83 followers
    1. forum 1,776 posts
    2. attach_file 876 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

Closed Thread
 
Search this Thread
 

Beth's Journey to Make Her Millions

(login for full post details)
  #11 (permalink)
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 259 received

$245 looks right by my calculations. I thought originally that the commish would eat you up, but I guess not. Very interesting setups. I will follow your journal along as you continue to update it. Good luck to you.

Visit my futures io Trade Journal
The following 2 users say Thank You to Dragon for this post:

Can you help answer these questions
from other members on futures io?
NT8 Order Management Strategy
The Elite Circle
Market on Close data within IB
Platforms and Indicators
Big Mo Indicator for NT8
NinjaTrader
help with take profit several targets
TradeStation
How do I create Strategy with the Second Entry indicator
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Is anyone actually making money?
88 thanks
An embarrassing, honest confession
25 thanks
Sierra vs. Ninja : why I chose .....
8 thanks
ApexTraderFunding.com experience and review
8 thanks
Want your NinjaTrader indicator created, free?
7 thanks
 
(login for full post details)
  #12 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,184 since Jun 2009
Thanks: 32,683 given, 99,760 received

Good job Beth.

Like others have said, take it nice and slow. Try naming one specific goal for you to focus on each day and grade yourself on how well you did. The goal could be to not over trade, or the goal could be to stop after hitting a certain target, or to let your runner run, etc etc. If you name just one goal it helps you focus on it.

Do it for a week and then you can slowly add another goal and another, after you've become proficient with the prior ones.

Trading is about consistency. You've got to take consistent winners and not let any one trade or any one bad day derail you.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal
The following 5 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #13 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received


Thanks to Big Mike. I would like to add that I've accomplished 2 goals today, ie

- Managed a few trades "to my satisfaction" that went or intended to go the opposite direction. To have a Money Management order while waiting for the profit target to be hit is EXTREMELY IMPORTANT for my developing a Consistent Successful Trading Career! (a lifetime one too .. smile ..)

- I had a runner of over 25 ticks today and closed it around the resistance level. With the Wizard's Den set-up, I felt confident to let the last contract run. While it's moving, I also adjusted the MM order to ascertain that it's a winning trade at the end.

Before having The Wizard's set-ups, I never had a runner even I was in a few daytrading rooms with a moderator calling out trades. Bear in mind that I started trading Futures (both sim and real) since last Jul. Like a "blind" fly with no direction and cannot simply follow one's verbal instructions!

Effective and Efficient Trade Management is and will always be my on-going trading goal!

My heartfelt thanks again to all of YOU! Happy & Successful Trading.

Beth

Visit my futures io Trade Journal Started this thread
The following 3 users say Thank You to wgreenie for this post:
 
(login for full post details)
  #14 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received

Hi Everyone

Believe your morning is going well. Ditto here as I got lots of chances to practise how to manage my trades.

You will see from my recap on the enclosed Trade Log that I finally have a corresponding MM order for every trade. I even did an inadvertent market order for one of them LOL!

It's a little pink (-$40) before commission and $95 commission for the practice platform haha ..

Feb Gross Comm Nett Acc Total
8 (Mon) 330 85 245 245
9 (Tue) -40 95 -135 110

Accu sim result for the 2 mornings is in Green Hurrah!

For tomorrow, I will stay with the main trend and no counter-trades, ie not following all the signals on the scalp. Let's see what may happen.

Note: It's important to have a calm trading environment. Had some unexpected disturbances at the beginning.

Continue enjoying your day. Happy & Successful Trading Always!

Beth

Attached Thumbnails
Click image for larger version

Name:	YM 03-10  2_9_2010 (MedianRenko 6 Ticks) for Trend.jpg
Views:	557
Size:	175.8 KB
ID:	7818   Click image for larger version

Name:	YM 03-10  2_9_2010 (MedianRenko 6 Ticks).jpg
Views:	549
Size:	237.0 KB
ID:	7819   Click image for larger version

Name:	Account Performance  Feb 9 2010.JPG
Views:	546
Size:	93.6 KB
ID:	7820   Click image for larger version

Name:	Trade Log Feb 9 2010.JPG
Views:	455
Size:	174.5 KB
ID:	7821  
Visit my futures io Trade Journal Started this thread
The following user says Thank You to wgreenie for this post:
 
(login for full post details)
  #15 (permalink)
 markbbn 
Newington, CT
 
Experience: Intermediate
Platform: Ninja
Broker: Infinity
Trading: YM EUR
 
markbbn's Avatar
 
Posts: 11 since Jun 2009
Thanks: 13 given, 6 received

Beth

Would you post your templates or list of indicators?
I would like to follow along on your Journey

 
(login for full post details)
  #16 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received

Hi Everyone

I spent some time to resolve some technical issues and started trading only after 10:00 am. It's a Green morning and I'm happy that I succeed in doing ONLY SHORT trades (align with the overall trend per the Trending set-up). I'm quite satisfied with my trade management when the signal bars turned color after my entry.

More importantly I SOH when the scalp set-up gave me Long entry signals. A little confession: My fingers were "itchy" when I saw the blue blue signal LOL!

Lessons learned (reminder as well):

1. Higher probability trades (less risk exposure) when I stay with the trend.
2. Money management to preserve precious capital. When there's a warning, it's more advisable to get out. There're always profitable trades waiting for me!

Happy & Successful Trading!

Beth

Attached Thumbnails
Click image for larger version

Name:	YM 03-10  10_02_2010 (MedianRenko 6 Ticks) for Trend.jpg
Views:	509
Size:	176.9 KB
ID:	7873   Click image for larger version

Name:	YM 03-10  10_02_2010 (MedianRenko 6 Ticks).jpg
Views:	474
Size:	205.0 KB
ID:	7874   Click image for larger version

Name:	Account Performance Feb 10 2010.jpg
Views:	402
Size:	89.2 KB
ID:	7875   Click image for larger version

Name:	Trade Log Feb 10 2010.jpg
Views:	368
Size:	93.4 KB
ID:	7876  
Visit my futures io Trade Journal Started this thread
The following user says Thank You to wgreenie for this post:
 
(login for full post details)
  #17 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received

Hi Mark

Enclosed are the indicator lists and templates. Enjoy!

I would like to thank The Wizard again for sharing his Amazing systems and wisdom with me.

Happy & Successful Trading Always!

Beth

Attached Thumbnails
Click image for larger version

Name:	The Wizard Scalping System.jpg
Views:	757
Size:	66.0 KB
ID:	7877   Click image for larger version

Name:	The WizardsDen.jpg
Views:	615
Size:	68.8 KB
ID:	7878  
Attached Files
Register to download File Type: xml The Wizard Scalp.xml (52.0 KB, 320 views)
Register to download File Type: xml WizardsDen.xml (50.8 KB, 238 views)
Visit my futures io Trade Journal Started this thread
The following 9 users say Thank You to wgreenie for this post:
 
(login for full post details)
  #18 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received

Hi Everyone

I learned (after contributing to the Market) that it's more advisable to SOH when there's news that may move the market. When I was in some daytrading rooms, we're told to close our position (if any) a few minutes before the news.

I have not figured out when to resume though!? For example, the market has moved down or up immediately after the news. Should I wait for a pause (according to my systems and wait for another turning point or confirmation) or it's fine to enter a trade that aligns with the trend within the first 5-10 minutes after the news?

Appreciate your comments to resolve this myth. Thank you!

Happy & Successful Trading!

Beth

Visit my futures io Trade Journal Started this thread
 
(login for full post details)
  #19 (permalink)
 kees 
Nederland
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
 
Posts: 18 since Jun 2009
Thanks: 42 given, 4 received

Can someone please point me in the direction where to find the
Leader Of MacD_V2 and the Stochastics DAD
Thanks and good trading

 
(login for full post details)
  #20 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received


Hi Kees

I got the indicators from The Wizard (creator of the Holy Grail thread). I learned that he's working on a new thread (WizardsDen) and will release his new set-up together with the indicators and template + trading rules in the very near future.

You may want to wait for the thread or Private Message him for the indicators.

Happy & Successful Trading!

Beth

Visit my futures io Trade Journal Started this thread
The following user says Thank You to wgreenie for this post:

Closed Thread

futures io Trading Community Trading Journals > Beth's Journey to Make Her Millions


Last Updated on May 21, 2011


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2023 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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