A TopStepTrader's Humble-Pie-Way: A TST Combine Journal of iqgod's "Take 2" - Trading Journals | futures io social day trading
futures io futures trading


A TopStepTrader's Humble-Pie-Way: A TST Combine Journal of iqgod's "Take 2"
Updated: Views / Replies:10,629 / 130
Created: by iqgod Attachments:68

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

Reply
 68  
 
Thread Tools Search this Thread
 

A TopStepTrader's Humble-Pie-Way: A TST Combine Journal of iqgod's "Take 2"

  #51 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 6: Official Daily Trade Report from TopStepTrader

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #52 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Corn (ZC) Trading Halted, Short one lot

I am short one lot of Corn (ZC) and the trading has been halted by the exchange.

I was planning to close the position before 2 PM CT which is minutes away.

Now what?

Side Note: I do expect corn to open limit down but what about the combine rules?

Reply With Quote
 
  #53 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 7: Trade Report


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #54 (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: 29,357 given, 83,238 received


iqgod View Post
I am short one lot of Corn (ZC) and the trading has been halted by the exchange.

I was planning to close the position before 2 PM CT which is minutes away.

Now what?

Side Note: I do expect corn to open limit down but what about the combine rules?

Could ask here:

https://futures.io/vendors-product-reviews/25776-topsteptraders-michael-patak-president-ask-me-anything-ask-me-anything.html

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.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #55 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 7: Issue resolved & Final Stats

A word of appreciation for TST support is due...

They responded to my SOS within seconds and my account was flattened - this would have been possible because it was a SIM account.

Combine still eligible for review.

Here are the final stats:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to iqgod for this post:
 
  #56 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 5: Blow By Blow Account

Let me start off with my worst trade ever - worst ever since I learnt applying myself diligently.

Look at where I sold and where I bought it back..... they are the two cleanest swing points ever possible.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Why did I manage this trade so badly?

That will be the subject of the next post. This post deserves the Muse to take over and reflect on it in silence.

Reply With Quote
 
  #57 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 2: Blow By Blow Account - Knowing vs Doing

By the time I entered short at 10102 I had already overtraded.

This is one observation for you, dear Journal - whenever I overtrade, the results get skewed in favor of worse - trading smacks of panicky exits, missing the best opportunities and going on tilt.

I had placed my stop at 10136, which was -$340.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Now here comes the ridiculous part - as I watched price gyrate upwards I was about to leave my stop alone as by that time it was clear that the big downmove was due anytime, but I started panicking that the market would hit the combine's dialy stop limit AND THEN start that big downmove.

So as soon as the market reached 10135 I panicked and exited.

I allowed my mental state to be what it was because of:

1. I was accepting Mediocrity in my trading
2. I had come back from a down day of -$395 and this was unbearable, there was discomfort.

Thus today trading was not about trading, but it was about me.

Had I let the trade be it would have been the rainbow colored trade I had been waiting for 'to make me whole again'.

But there is more.... the next post talks about the ROOT CAUSES of all this.

Reply With Quote
 
  #58 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 5: Journaling helped me identify the Root Cause today

Dear Journal,

The root cause of it all is: hold your breath (all journals have one!) is ENTERING TOO EARLY.

Entering without following rules.

Entering when you know that this isn't the best possible entry and YET taking it.

When my intuitive function is telling me to stop, and I go ahead and trample on it, it then becomes fainter and fainter.

If I disrespect myself then such trades are a high probability bet - so this is the Area of Improvement - BE CONSISTENT with your entries.

Which means....

do your homework on the nuances of the entry.

... if that is already done go to the next step...

wait patiently for the entry

... if that is already done go to the next step...

once in, allow the trade to play itself out

Reply With Quote
 
  #59 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 5: Overtrading

The rule of maximum 5 trades in a day was formulated my be for a reason. It was to save me from myself.

Not following that rule and overtrading simply meant that this last trade that happened was just a Cap in the Feather - the final eruption of a volcano that has been rumbling ominously for the last few hours.

Discipline is about saving me from myself.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #60 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
Thanks: 3,312 given, 2,719 received

Day 7: Official Daily Trade Report from TopStepTrader


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote

Reply



futures io > > > A TopStepTrader's Humble-Pie-Way: A TST Combine Journal of iqgod's "Take 2"

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
omni72's 20-Day Combine with TopstepTrader (TST) omni72 Elite Trading Journals 109 December 11th, 2014 01:14 AM
TST Combine Journal indextrader7 Trading Journals 556 August 28th, 2014 01:16 AM
Kevin's TST Combine Journal kevinkdog Trading Journals 460 April 26th, 2014 11:23 AM
Josh's TST Combine Journal josh Elite Trading Journals 106 April 9th, 2013 10:36 PM
iqgod's TopStepTrader (TST) Combine Chronicles - $30,000 Account 20-Days iqgod Elite Trading Journals 271 April 2nd, 2013 10:37 AM


All times are GMT -4. The time now is 04:50 PM.

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 2017-12-18 in 0.14 seconds with 20 queries on phoenix via your IP 54.221.136.62