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:184,428 / 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

  #351 (permalink)
Elite Member
Toronto
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: CL , 6E
 
Posts: 197 since Jun 2009
Thanks: 752 given, 252 received

Go Beth , you are doing great !!! your journal is very inspiring
cheers !
soumi

"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
The following user says Thank You to soumi71 for this post:
 
  #352 (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


soumi71 View Post
Go Beth , you are doing great !!! your journal is very inspiring
cheers !
soumi

Thanks soumi for your cheers!

IF the journal is very inspiring, it's because Big Mike and BM Family members have actively participated in it!

Beth (BM Family member who benefits the most .. smile ..)

 
  #353 (permalink)
Elite Member
Birmingham/UK
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: LMAX/ ADS
Favorite Futures: DAX/ DOW
 
ZCars's Avatar
 
Posts: 142 since Apr 2010
Thanks: 47 given, 102 received



wgreenie View Post
Gosh! Maybe I will get a raincheck from ZCars IF he's willing to issue one for me. Let me put down "EUR/USD - taking a few pips in a momentum trade" on my Nice-to-have list LOL!

Yes, focus focus focus .. No changes for two weeks and it's ON! No change of Plan Big Brother Mike!

FYI: I am taking Nelson to Mytle Beach, South Carolina on 24-28 May. No trading that week and I will do my system review (inclusive of indicators) upon our return.

Beth (Almost forgot - Big Bro Mike is my HONORABLE guardian! )


Beth,

Yes, of course Mike is right, my apologies to you both. I don't want to distract you from the course you're on in the least and we all know trading is far from child's play and I meant using BT was child's play definately not trading! Just wanted to point out what a useful tool BT can be with other instruments: something to have fun experimenting with until you've mastered a single approach and instrument before expanding your horizons.

All the best
Z Cars

The following user says Thank You to ZCars for this post:
 
  #354 (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

Pre-market Homework for Fri 14 May

Price currently trades around 1145 and it's substantially outside yesterday's Value Area 1162.75-1169.75 (a narrow range of 7 points). If it remains outside when the market opens, the VPOCs will be as follows:

Top 1153.00
Bottom 1110.75

Depend on the strength of the selling initiative when the market opens, one may choose to Short OR wait for a Long opportunity IF and when some responsive buyers show up.

I had a troubled night. My petite head spinned for a few hours after eating some poison food. May not trade this morning. Will play it by ear.

Have a Successful day.

Beth

Attached Thumbnails
Beth's Journey to Make Her Millions-premarket-homework-14-may-fri.jpg  
 
  #355 (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


ZCars View Post
Just wanted to point out what a useful tool BT can be with other instruments: something to have fun experimenting with until you've mastered a single approach and instrument before expanding your horizons.

All the best
Z Cars

Hi ZCars

Thanks for your best wishes. No apologies required. We're just pulling your leg LOL!

Yes, BT is a very useful tool and I am grateful that you shared the link with us.

Beth

 
  #356 (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

Trading Morning on Fri 14 May

Another Green morning to end the week. Actually, I believe this week has been ALL green LOL!

Goals Accomplished:

1. Preserve Precious Capital - I did two 1-contract Long trades (could be considered as counter-trend trades though PA does not work that way .. haha) and one 2-contract Short.

2. Trade Management: I am quite happy with the way I managed my trades esp the winning ones.

Emotion: Very calm throughout even the second trade was a losing one.

Lessons Learned:

1. For the second Long trade - I was late (sort of chasing a little bit) and should have got out with 2-3 ticks profit. Will NOT chase in the future as there are always high probability trades waiting for me!

Additional Item to be added on my To-be Improved list:

1. How can I manage a 1-contract trade better, ie having a predetermined PT or let it go a little before entering a PT order (certainly SL is a MUST)?

Appreciate your sharing any tips with me. Thank you.

Beth (a Smiley again even I'm still a little under the weather )

Attached Thumbnails
Beth's Journey to Make Her Millions-trade-log-14-may-2010.jpg   Beth's Journey to Make Her Millions-es-06-10-5_14_2010-4-range-.jpg   Beth's Journey to Make Her Millions-es-06-10-5_14_2010-30-min-.jpg  
The following user says Thank You to wgreenie for this post:
 
  #357 (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

Weekly Recap

Let me map out the daily results as follows:

Mon $70
Tue $575 (should I tabulate this as I did 5-7 trades that morning after the first hour dilemma?)
Wed $190
Thu $205
Fri $80

Total $1,120
Total $545 excl Tue

18 Green mornings vs 1 Red morning (between 19 Apr and 14 May 19 trading mornings)

Realization This Week:

1. When a trade was aligned with Mr Market, its PT(s) got hit within a minute or so!

2. Price Action really works! This morning I had 2-3 trades speaking to me, ie Buy me .. Sell me .. haha Funny that for some split seconds the EMA lines were invisible even they're there .. smile ..

What's Next:

1. Spend time to learn PA and practise more.

2. Performance Review on the Trader Me!!

Continue enjoying your day!

Beth

The following user says Thank You to wgreenie for this post:
 
  #358 (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

Market Profile for ES

Today's Initial Balance: 1132.25 - 1148.50 (16.25 points range)
Today's Value Area as at 11:10 am: VAH 1142 POC 1140 VAL 1134 (8 points range)
Open @1146.25
VPOCs: Bottom 1110.75 Top 1153.00

According to the 80% Rule Strategy, one should consider Short UNTIL Mr Market switches gear!

Beth

 
  #359 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received

Fantastic work this week Beth, keep it up!

Enjoy a well deserved rest this weekend with the family.

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 user says Thank You to Big Mike for this post:
 
  #360 (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 View Post
Fantastic work this week Beth, keep it up!

Enjoy a well deserved rest this weekend with the family.

Mike

Thanks Mike for your encouragement! Will take things easy this weekend .. smile ..

Wishing You and Everyone a Lovely weekend.

Beth


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 10:16 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 2017-12-17 in 0.13 seconds with 20 queries on phoenix via your IP 107.20.115.174