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:184,219 / 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

  #851 (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 Schedule for Wednesday

Yes Yes Yes .. It's the weekly crude oil report morning! Will SOH until 10:45 am.

10:45 am to 12:00 noon CL
1:00 pm to 1:45 pm CL optional (Beige Book at 2:00 pm)

Have a Successful day.

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-28-jul-wed-news.jpg  
 
  #852 (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 Wed

Price currently trades at 1108.50 (2.5 points below yesterday's Close @1111.00).

Overnight High and Low as at 9:10 am are 1115.75 and 1107.00 respectively.

Top VPOC 1110.25 (1128.50 next on line)
Bottom VPOC 1091.00

Could be a slow/side-way morning with the Beige Book news at 2:00 pm.

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-premarket-homework-28-jul-wed.jpg  
 
  #853 (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


Initial Balance: 1111.50 - 1104.50 (7 points)
Value Area as at 10:35 am: 1110.50 - 1108.00 - 1106.00 (4.5 points)
Price opened @1108.25
Today's High and Low as at 10:35 am: 1111.50 and 1103.50
VPOCs: Top 1128.50 (1110.25 was touched) and Bottom 1091.00
Overnight High and Low: 1115.75 and 1107.00

Mr Market may wake up in the afternoon LOL!

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-es-09-10-7_28_2010-30-min-.jpg  
 
  #854 (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 Report for Wed Morning

We had an Inside Bar after the magenta reversal one. It took some time for its breaking down and got in with 1-tick slippage. Unfortunately, it started going back up immediately. I couldn't swallow a 45-tick SL cushion and had a predetermined 20-tick one instead. Got hit within 1.5 minutes. If one chose to hang on a little longer, he/she might be able to get out around 12-tick loss.

Well, I looked at the trade again upon its closing. It had enough room for the downside. Before it's getting filled, price did try to go up and failed. The only thing against it was the CCIs started hooking up. Having said that, one does not need to consider all these except placing a pair of OCO 1 tick above and below the Inside Bar.

Emotion-wise: Funny enough I did not feel much .. no racing heart .. even no numbed fingers .. the trade started with slippage and went straight the other side. I did talk to myself that the set up has been 90% profitable and there will be losing ones occasionally. I better accept it and I did. During its rally, I was hoping that others would have better luck esp those who had a fullstop in place. Might be the experienced one would have found reasons not to enter.

So for the morning .. one Inside Bar .. -20 ticks. Will resume trading after lunch.

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-cl-inside-bar-trade-log-am-28-jul.jpg  
 
  #855 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,316 received
Forum Reputation: Legendary

looks like you have a lapse in trying to simplify your chart, woodie's panel is cramped with multiple indis it will be a long wait for them to insync with each others.

The following user says Thank You to cory for this post:
 
  #856 (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

Wed Afternoon Trade Opportunities

I notice trade opportunities "quite often" happened around 12:00 noon or 1:00 pm (immediately after lunch break) so far .. not a big sample pool ..

We had an Inside Bar at 1:00 pm with a preceding Outside Bar. Instead of a Buy Stop at 76.96, I was thinking it had to break 76.98 too. It did and I quickly placed a Buy order at 76.96 (mistake here) .. not filled .. just 1 tick shy from my entry .. and it went up without me!! Lesson learned.

Then there's a magenta reversal bar after the Inside Bar. I sim-traded this set up based on its meeting the following criteria:

1. After a big move (51 ticks from the recent HL)
2. Long-wick tail
3. High volume compared to the previous ones

It's a 2-contract trade with the first PT 8 got hit while the second one closed with 1 tick.

We're getting very close to the Beige Book news and no more Inside Bar opportunity.

EOD CL Trading Result: -20 ticks

I will open my ES workplace around 2:45 pm and see if I may identify a high probability trade after 3:00 pm (after bond closing). If yes, I will place a 1-contract trade with PT/SL @4/6. Wish me luck.

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-cl-inside-bar-pm-28-jul.jpg  
 
  #857 (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


cory View Post
looks like you have a lapse in trying to simplify your chart, woodie's panel is cramped with multiple indis it will be a long wait for them to insync with each others.

Thanks Cory for your kind reminder.

The CCI chart is my secondary chart. Use it (mostly the CCI indicators plus the occasional green/red dots) for signal alignment and early exit when a trade is not working. I overlaid the original set up with WoodiesCCI because

1. I like the panel (when it's not frozen per enclosed) with info on the previous bar (High, Low and Close) and current bar (High, Low and Current) .. all at a glance

2. the additional colors (when they differ) on the zero, 100/-100 and 200/-200 lines help (Based on the webinar I watched, I have a better understanding on the trend direction and strength)

3. I also like the yellow vertical bar confirming the trend change

My focus has not been on their mutual alignment and no plan to use it alone at this point. Yes, it's crowded and my eyes are trained to look at the selected ones only. It works for me now .. Will review it as time goes by ..

Beth

Warning: Don't learn from me LOL!

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Beth's Journey to Make Her Millions-cci-chart-freeze.jpg  
 
  #858 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Beth,

If you are interested in a fibonacci webinar by Carolyn Boroden she is having one on Aug 7. It is 3 hours and covers fibs on the price as well as the time axis. She uses CCI and the 34 EMA. Its $39.00. Here is a link. I will post it somewhere on the forum as well. I'm not related in any way and don't benefit.

http://www.piratesofprofit.com/

David

The following user says Thank You to David_R for this post:
 
  #859 (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

ES Sim Trades on 28 Jul Afternoon

Three profitable sim trades all with PT/SL@ 4/6.

First Trade: All indicators aligned with a Short + CCIs crossed below 0/-100 encouraged an early entry. (One might have a target at 1105 or 1105.25 and make an extra 1-2 ticks. I would if it's a 2-contract one.)

Second Trade: Same as the first one (CCIs crossed below -100/-200) + an additional red dot on the CCI chart.

Third Trade based on Price Action: I had a pair of OCO above its recent LH and below its recent LL minutes before one of them got triggered. To play safe for the Sell Stop, it's 2 ticks below 1102.25 (avoid 1102.00). Got in 1 tick favor.

You can tell no or minimal heat in general.

Why not taking at least a real one? Even ES is an old friend, I worried that I might make a wrong decision (like a revenge trade) since I have a "big" loser in the morning. I don't mind more practice .. it's easier than before. Remember the days when I bla-bla-bla about a 6-8 ticks SL?? I'm now more comfy with its risk/reward ratio .. my CL training ...

Compare to CL, ES is slower though I witnessed its drop like a rock a few times. I will not rule out placing 1-2 ES trades when I'm done with CL .. not more than one instrument at the same time and that's the rule!!

I'm officially done for today. I do well and will do better in the coming days .. smile ..

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-es-sim-trade-log-pm-28-jul.jpg  
 
  #860 (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 Thu


Price currently trades at 1110.00 (7.5 points above yesterday's Close @1102.50).

Overnight High and Low as at 9:00 am are 1110.50 and 1101.00 respectively. Trying to climb still ..

Top VPOC 1128.50
Bottom VPOC 1106.50

Have a Successful day.

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-premarket-homework-29-jul-thu.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)

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 08:36 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 2017-12-15 in 0.26 seconds with 20 queries on phoenix via your IP 54.234.247.118