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:184,413 / 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

  #891 (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


wgreenie View Post
Hi David

My heartfelt thanks for marking up the chart. I now understand how to stay longer and wait for a close below the MA or trail a stop using the close of each bar.

When I tried to figure out the logic behind the green/red arrows (indicate potential entry I believe), I came across an aggressive entry suggestion, ie 50% of the length of BC. It happened to match your suggested entry 1096 (C 1094.25 + 1/2*(B 1097.75 - C 1094.25)). Do I get it right? Or you have a different method in getting the suggested entry price? If yes, hope you will enlighten me again. Thank you!

On my notes, ABC breakout trades = price has to break out or down point B .. the safer/conservative approach.

Beth (Just came back from a drive to the Swan Lake, visited Organic Garage (lots of organic goodies at bargain prices) and a quick Vietnamese lunch.)

Beth,

yes, I think 50% of BC may be valid. I was eyeballing an entry. I think you can use the system based on what perry defines. I was just trying to give suggestions on a more aggressive target. I think the AB=CD is a very common pattern. Also if you are with the trend of a higher time frame you have that on your side as well. I marked up a chart with optional entries such as a trendline break, break of symmetry as well. if you need additional info on what I mean about symmetry break let me know.


D

Attached Thumbnails
Beth's Journey to Make Her Millions-bethchart2.png  
The following user says Thank You to David_R for this post:
 
  #892 (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


David_R View Post
Beth,

yes, I think 50% of BC may be valid. I was eyeballing an entry. I think you can use the system based on what perry defines. I was just trying to give suggestions on a more aggressive target. I think the AB=CD is a very common pattern. Also if you are with the trend of a higher time frame you have that on your side as well. I marked up a chart with optional entries such as a trendline break, break of symmetry as well. if you need additional info on what I mean about symmetry break let me know.


D

Hi David

Thanks for the additional entry tips. Oh, I'm very embarrassed to disclose that I don't know how to draw trendlines (sort of connecting 2 points together .. then I got lost within seconds .. ooooo ) .. symmetry has been all over the place and I have no clue as at this point .. head starts spinning ..

I will stay with Perry's entry rules and occasional 50% of BC. Trendlines and symmetry are on my Learning list .. will get there .. haha ..

Beth (grateful)

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
 
  #893 (permalink)
Elite Member
Kansas City, MO
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 36 since Jul 2010
Thanks: 494 given, 10 received


Hi Beth. I am new to the website, so please bear with my questions. I really appreciate all of the information you are providing in this thread. It has been very helpful to me. I have not been able to go through all 90 pages yet, but could you (or have you already) provide some more information on the trade setups in your trading plan: EMA Method 1, 4 Range Setup, MP 30 minute, and CCI 5 minute. Any information you could provide about these would be much appreciated. Thanks.

 
  #894 (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


mizzoutrader View Post
Hi Beth. I am new to the website, so please bear with my questions. I really appreciate all of the information you are providing in this thread. It has been very helpful to me. I have not been able to go through all 90 pages yet, but could you (or have you already) provide some more information on the trade setups in your trading plan: EMA Method 1, 4 Range Setup, MP 30 minute, and CCI 5 minute. Any information you could provide about these would be much appreciated. Thanks.

Thanks for visiting my thread Mizzoutrader. To better understand the 4-Range set up, please visit Perry's Platform:

https://futures.io/journals-daily-charts-chart-reading/3514-perrys-trading-platform.html

Methods 1 and 2 (entry rules) are on Post Nos 71 and 72 on Page 8. It's a 39-page thread and I highly recommend your going through it at least once before sim-trading the set up. Perry has been very generous in sharing his set ups with us (he has been using it to trade live). Simply prepare a post in his thread for any questions you may have. He's been extremely supportive/responsive and you'll be in good hands. Enjoy!

Note: You will find the Market Profile indicator from the Downloads section. To understand the CCI set up, please visit Jeff's CCI thread.

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
 
  #895 (permalink)
Elite Member
Kansas City, MO
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 36 since Jul 2010
Thanks: 494 given, 10 received

Thanks Beth. I appreciate all of the great information.

 
  #896 (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,

Not intended to confuse you, but a quick symmetry lesson. I would stick with what you know and what you are comfortable with, but i wanted to pass this on because it sounds more complicated than it is. By the way, many times you get the same result doing something a different way. What I mean is whether you use rules, a trend line break or whatever, many times it gives you the same result.

Here is a link on trend lines. Also, no need to complicate. Basically drawing lines between points. Trend lines can be horizontal as well such as a double top or a horizontal channel.

Incredible Charts: Trendlines

David

Attached Thumbnails
Beth's Journey to Make Her Millions-sym-lesson-chart-1.png   Beth's Journey to Make Her Millions-sym-lesson-chart-2.png   Beth's Journey to Make Her Millions-sym-lesson-chart-3.png  
The following 6 users say Thank You to David_R for this post:
 
  #897 (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

Since David "liked" our earlier goofy photos, we made the following album as our "thank you" gift to him .. smile ..

https://futures.io/members/2263-albums48.html

Note: They're taken by "it" again Zoe!

We're now going for a short tandem bike ride before my Market Replay exercise.

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:
 
  #898 (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 Tue

Enclosed VPOCs in bold (Top 1128.50 and Bottom 1119.00) are based on today's Close @1121.50.

Have a lab appointment early in the morning .. always the case after meeting the family Dr for a bi-annual physical exam. Will be back around 10:00 am .. just in time after the 10:00 am news .. 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-premarket-homework-3-aug-tue.jpg  
 
  #899 (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


wgreenie View Post
Since David "liked" our earlier goofy photos, we made the following album as our "thank you" gift to him .. smile ..

https://futures.io/members/2263-albums48.html

Note: They're taken by "it" again Zoe!

We're now going for a short tandem bike ride before my Market Replay exercise.

Beth


I love'em!

Firewood in the summer? Is that your backyard? looks like a football field.

D

 
  #900 (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



David_R View Post
I love'em!

Firewood in the summer? Is that your backyard? looks like a football field.

D

Glad that you "like" the album. Yes, the wood pieces are reserved for winter. We have a woodstove to warm up the house (900') and not heating system. We're definitely very environmental friendly LOL!

We bought the land in early 2009 .. Nelson's dream for years and our former neighbor finally sold it to him .. smile.

Beth

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

Last edited by wgreenie; August 2nd, 2010 at 11:55 PM.
The following user says Thank You to wgreenie for this post:

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 06:17 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 0.14 seconds with 20 queries on phoenix via your IP 54.82.81.154