NexusFi: Find Your Edge


Home Menu

 





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 320,355 views
    2. thumb_up 1,621 thanks given
    3. group 83 followers
    1. forum 1,776 posts
    2. attach_file 876 attachments




Closed Thread
 
Search this Thread

Beth's Journey to Make Her Millions

  #771 (permalink)
 
David_R's Avatar
 David_R 
San Jose, Ca
Legendary Market Wizard
 
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
Posts: 1,582 since Nov 2009
Thanks Given: 2,335
Thanks Received: 2,524


wgreenie View Post
Always great to have a never-expired raincheck .. thanks David!

FF = Fast Foward. When a v-clip was extremely dry .. and the moderator was talking about "nothing" .. it's the only option else I may ..

Beth


FF= fast forward. Duh!

Visit my NexusFi Trade Journal

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Futures True Range Report
The Elite Circle
Are there any eval firms that allow you to sink to your …
Traders Hideout
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
GFIs1 1 DAX trade per day journal
22 thanks
NexusFi site changelog and issues/problem reporting
22 thanks
The Program
20 thanks
  #772 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203

Real Trade Log at a glance!

1. The 22-25 Jun week really motivated me a lot. I was sim-trading most of the time and only threw in a few real trades "leisurely".

2. Tried to repeat the end Jun success and only did 1 trade on 30 Jun (settlement on 1 Jul). I was quite disappointed though I was glad that I did not just "trade"!

3. My official trading career started on 5 Jul. Friday was brutal as I almost gave back all gains. Glad that I learned to stop and kept some to soothe my psyche!

4. Last week was great for training me to be patient and SOH for news.

I am going to do BETTER in the coming days!!

Oh, we did some summer photo-taking this afternoon. See my new avatar?!! Too bad I was unable to create a new album capturing some of them. Tried for the past 30 minutes and uploads not successful so far. Maybe another time .. smile.

Almost time for our tandem bike ride. Glad that the earlier shower was a short one. Will be back tomorrow.

Beth

Attached Thumbnails
Click image for larger version

Name:	As at 18 Jul 2010.jpg
Views:	170
Size:	45.9 KB
ID:	17175  
Visit my NexusFi Trade Journal Started this thread
  #773 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203


Almost forgot to mention that I've removed the CL Volume chart from my workplace. Got "out-of-memory" error messages too often + Inside/Outside Bar set ups don't care about volume.

Beth

Visit my NexusFi Trade Journal Started this thread
  #774 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203

Initial Balance: 1069.25 - 1059.00 (10.25 points)
Value Area as at 10:32 am: 1069.25 - 1064.75 - 1062.75 (6.5 points)
Price opened @1065.25
Today's High and Low as at 10:32 am: 1069.25 and 1058.50
VPOCs: Top 1086.75 (1068.00 was touched) and Bottom VPOC 1039.50
Overnight High and Low: 1069.25 and 1060.00

I am bear bias though no 100% guarantee that Mr Market will rotate Down to meet my expectation LOL!

My recommendation: Trade the candle/bar in front of you!

Beth

Attached Thumbnails
Click image for larger version

Name:	ES 09-10  7_19_2010 (30 Min).jpg
Views:	180
Size:	146.9 KB
ID:	17198  
Visit my NexusFi Trade Journal Started this thread
  #775 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203

There's a great Inside Bar set up completed at 10:00 am. I missed the big yellow Divergence dot and certainly the trade as well!

I was being too aggressive again (what's new) .. sigh .. I was anxiously waiting for a semi-auto TF trade (SMA crossover was going to happen with a red PASwing dot already in place) and completion of a CL Inside Bar at the same time. It's only seconds close to have either one or both of them got triggered. My laptop drew my attention with an order filled alert. We're talking about 1 or 2 seconds .. I missed both signals for placing a real trade!!

I was and still am extremely disappointed .. I have decided not to sim-trade my strategies on the laptop starting tomorrow (actually it's already closed). So my attention will only be on 2 monitors and not 4!!

How to resolve my semi-auto TF trade dilemma? I am going to consult Nelson and it's very likely that I will run it on live.

First, I have been monitoring it for almost 2 months.
Second, it has been generating maximum 2 (quite often 1) on a weekly basis - low maintenance.
Third, MFE has been between $200-$400.
Fourth, 80% profitable even it's closed automatically based on predetermined exits.

As soon as it's triggered, I will manage it manually. PT around $100-$200 would be great for semi-auto as a start though its predetermined PT/SL has been 60/20.

Now I will wait for an Inside Bar in the afternoon. Wish me luck.

Beth

Attached Thumbnails
Click image for larger version

Name:	CL 09-10  7_19_2010 (15 Min) morning.jpg
Views:	162
Size:	137.7 KB
ID:	17199  
Visit my NexusFi Trade Journal Started this thread
  #776 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203

During lapse time, I am getting myself more familiar with the CCI indicators. My weekend research did pay off as I now have a better understanding on the panel + ZLR trade set ups. Thanks to David again for the suggested links.

Jeff's CCI continuation trade set up and ZLR will be the only "new" ones I'm going to explore and try to master. If successful, they'll be in my trading toolbox.

Bear in mind that I have 3 set ups (not counting the semi-auto one), ie

1. Inside Bar (my favorite)
2. Outside Bar (uncertain because of its huge SL cushion)
3. Reversal Bar (I like it too esp with additional confirmation to make it a higher probability trade)

and every effort will be made to master 1. and 3.

Beth

Attached Thumbnails
Click image for larger version

Name:	CL Continuation Trade 19 Jul.JPG
Views:	148
Size:	103.8 KB
ID:	17200   Click image for larger version

Name:	TF ZLR Continuation Trade 19 Jul.JPG
Views:	149
Size:	134.7 KB
ID:	17201  
Visit my NexusFi Trade Journal Started this thread
  #777 (permalink)
ScalpDaddy
The Market
 
Posts: 3 since Jul 2010
Thanks Given: 0
Thanks Received: 3

Beth, I wish not to labor myself with digging through 78 pages of posts. You seem quite successful with your methods. Do you perform any weekend preparation work for the trading week ahead or is always a candle by candle basis?

  #778 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203


ScalpDaddy View Post
Do you perform any weekend preparation work for the trading week ahead or is always a candle by candle basis?

Hi ScalpDaddy

Thanks for dropping by. Hope the following may address your raised question:

1. I do 30-minute Market Profile analysis on ES

- upon completion of the Initial Balance Mon to Fri
- EOD analysis with VPOCs for the next day (Pre-market homework Mon to Fri)

2. Bi-weekly review on set ups and indicators

3. Weekly performance review on trader (me)

4. I do not trade when there's high or medium news (15 minutes before and after) + no trading until release of the weekly crude oil report

5. Have not paid attention to economic news or advisors' newsletters for months now. Trade the candle/set up in front of me. Currently use Jeff's Three Set Ups (Inside Bar, Outside Bar and Reversal) to trade CL.

Beth

Visit my NexusFi Trade Journal Started this thread
  #779 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203

Patience often gets paid off .. We had an Inside Bar after lunch and I got in. Took a little bit of heat (over 7 minutes in the trade though it's only a few ticks against the trade) .. PT 8 got hit and no more Inside Bar after its satisfactory closing.

Official Record: 8 ticks before commission .. haha .. Will do better in the coming days!!

Hey, I also found out it's my laptop that's unable to upload pictures over the weekend. Just created a summer 2010 album:

[COLOR=#800080]https://nexusfi.com/members/2263-albums43.html[/COLOR]

My mentor (my German-Canadian boss here in Toronto) and now a good friend .. sometimes teased us that we love taking "goofy" photos .. smile ..

Beth

Attached Thumbnails
Click image for larger version

Name:	CL Inside Bar trade 19 Jul PM.JPG
Views:	161
Size:	137.4 KB
ID:	17205  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #780 (permalink)
 
David_R's Avatar
 David_R 
San Jose, Ca
Legendary Market Wizard
 
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
Posts: 1,582 since Nov 2009
Thanks Given: 2,335
Thanks Received: 2,524


Beth,

you say you do a market profile study on the ES. I see you post VPOC and the IB etc. Have you looked at how your levels end up playing out? In other words, did the levels act as areas of support or resistance that you could trade against? Today you said that 1068 was hit and that was near the days high, wasn't it? Just something to consider.

By the way, I like your goofy pictures.

D

Visit my NexusFi Trade Journal
Thanked by:

Closed Thread



Last Updated on May 21, 2011


© 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