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Beth's Journey to Make Her Millions


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Beth's Journey to Make Her Millions

  #1171 (permalink)
 tripper22 
Vancouver, BC
 
Experience: Beginner
Platform: NinjaTrader
Posts: 2 since Apr 2010
Thanks Given: 4
Thanks Received: 1


wgreenie View Post
Hi Tripper22

Thanks for your kind reminder. It's in my dream last night. Yes, I used 4 Better Renko and you will find more information from the following thread:



Beth

Thanks! Like you I am still stuck in simulation. I can't achieve any sort of consistency. Hopefully your system will help me on the es.


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  #1172 (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


tripper22 View Post
Thanks! Like you I am still stuck in simulation. I can't achieve any sort of consistency. Hopefully your system will help me on the es.

Yes, we need to achieve an acceptable level of consistency FIRST. You may consider having a thread logging your progress. Big Mike and many members will be sharing their experiences with you.

Wishing you All the Very Best in designing a profitable system Tripper22!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Visit my NexusFi Trade Journal Started this thread
  #1173 (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


I am going to go live this coming week, ie

1. Trading Time

Mon, Tue, Thu and Fri from 9:40 am to 12:00 noon
Wed - will not be home

SOH 10 minutes before and after a high priority news

2. Trading Instrument TF

3. Contract Size: 1-contract trades with initial PT/SL @12

4. No of Trades/day: Maximum Two (likely to be one and NIL trade is fine too)

5. Maximum Loss End of Week: 48 ticks | around $500 after commission (Stop trading when it's reached and/or 3 losing trades in a row)

6. Expected Ticks End of Week: As long as it's Green and I make enough for the commission .. I do not have a weekly PT so that I will not overload myself with tick expectation. Focus will be on spotting high probability signals and trade management (incl early exit decision).

7. No sim trades. If it's a good signal, go for real else SOH if my heart/fingers do not want to submit a real trade.

I will be back reporting the weekly result on Fri afternoon OR when Item 5. is hit (hopefully not the case).

Have a Successful week ahead everyone. Me2!

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Visit my NexusFi Trade Journal Started this thread
  #1174 (permalink)
 Eric j 
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,507 since Jun 2009
Thanks Given: 1,396
Thanks Received: 2,576


wgreenie View Post
I am going to go live this coming week, ie

1. Trading Time

Mon, Tue, Thu and Fri from 9:40 am to 12:00 noon
Wed - will not be home

SOH 10 minutes before and after a high priority news

2. Trading Instrument TF

3. Contract Size: 1-contract trades with initial PT/SL @12

4. No of Trades/day: Maximum Two (likely to be one and NIL trade is fine too)

5. Maximum Loss End of Week: 48 ticks | around $500 after commission (Stop trading when it's reached and/or 3 losing trades in a row)

6. Expected Ticks End of Week: As long as it's Green and I make enough for the commission .. I do not have a weekly PT so that I will not overload myself with tick expectation. Focus will be on spotting high probability signals and trade management (incl early exit decision).

7. No sim trades. If it's a good signal, go for real else SOH if my heart/fingers do not want to submit a real trade.

I will be back reporting the weekly result on Fri afternoon OR when Item 5. is hit (hopefully not the case).

Have a Successful week ahead everyone. Me2!

Beth

Wednesday is a perfect day off this week for sure ! Good luck and skill Beth Im sure youll do great .

Visit my NexusFi Trade Journal
  #1175 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


wgreenie View Post
I am going to go live this coming week, ie

..

I will be back reporting the weekly result on Fri afternoon OR when Item 5. is hit (hopefully not the case).

Have a Successful week ahead everyone. Me2!

Beth

I can feel the pressure is mounting, good luck!

Thanked by:
  #1176 (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


cory View Post
I can feel the pressure is mounting, good luck!

Thanks Cory and Eric for your best wishes. Yes, pressure is mounting in this household .. I can't sim forever .. 48 ticks are affordable to prove if I can do it ..

Beth

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Visit my NexusFi Trade Journal Started this thread
  #1177 (permalink)
 bdd069 
Orlando, FLorida, usa
 
Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker: Optimus
Trading: Oil
Posts: 21 since Oct 2010
Thanks Given: 156
Thanks Received: 6

Hello Beth. Thanks for a great thread.

good luck and please let us know how you do this week.

  #1178 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

Good luck Beth.

Deep cleansing breaths as you trade.

Say this along with me.

"I will take trades only in my plan. I will manage my trades according to my plan. I will succeed. The market will do what it will do and I will act accordingly. I am a winner regardless of the results of one day."

Good luck.

Andrew

Visit my NexusFi Trade Journal
Thanked by:
  #1179 (permalink)
 
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 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Beth,

Something you may want to do is record your sessions. I use HyperCam2 (FREE, except don't click ok to install the toolbar thingie) and it will record multiple screens in AVI format. The files are quite large, but with a headset and Mic, I am able to hear myself perform.

Maybe you already do this, but if you don't, this is great for hearing your voice and any emotions or words that you can't believe you are saying when you go live. It has helped me immensely as my wife would tell me that I was kussing up a storm and I would say, "Nuh uh!"...

I would say, "You gotta be f-in kidding me!" --- BEING A VICTIM!

But, I wouldn't even recall it at all until I heard the recordings! haha..

Visit my NexusFi Trade Journal
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  #1180 (permalink)
 itrade2win 
New York
 
Experience: Intermediate
Platform: Sierra Charts, TOS
Trading: E-mini S&P 500
Posts: 751 since Aug 2010
Thanks Given: 447
Thanks Received: 437


Good luck Beth!!! Give us some good news at the end of the week.

Ryan

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Last Updated on May 21, 2011


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