Five A Day - Trading Journals | futures io social day trading
futures io futures trading


Five A Day
Updated: Views / Replies:22,377 / 352
Created: by ratfink Attachments:98

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
 98  
 
Thread Tools Search this Thread
 

Five A Day

  #31 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

Not a nice day, weather lousy and Dax messing around just under the hwb for the day, needs to lose it soon or we are going to mess around playing silly triangle up here for quite a while.

Travel Well
 
  #32 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

Long cash Dax 8337 stop 8327, it can either prove its a triangle or take me down with it. Dodgy trade methinks.
Edit: Closed for -2, if I think its dodgy why put it on? It can work now of course....

Travel Well

Last edited by ratfink; May 15th, 2013 at 09:21 AM. Reason: closed, lol
 
  #33 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

simplify the plan once again


Today felt like a complete beginner again, sit staring wondering how I can have learned so much but do so little right, watch the good setups, again don't take them, take two poor setups for -2 and +2, and play 2 complete gamble binary option boredom trades for -24 and -20.

Notice how easy it was to slip once more into the 'find the evidence to support the one idea I used to trigger this alleged triangle trade' mode, rather than 'can I take this trade because the whole context and reaction looks right?'

SO, beginners get to start again, we close down the binary option platform, it will not be re-opened, and we close down the US/ES workspace and stick to the Dax/Eurex focus and the main account that we had agreed with ourself, the agreement which lasted mere minutes. Oh fickle creature, what is thy mind made of - nought but fluff?

Travel Well
The following 3 users say Thank You to ratfink for this post:
 
  #34 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

a simple hoorah

Spent the morning listening to Ben's excellent talk and clearing some chart space, found a trade, took it and voila!

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


This is purely for my own confidence record as I've had a tough time believing that I can actually do this (after a very long time...)

Remembered who I am, what my style is and took the time to find a setup, in this case the Dax reacting off the 127% reverse expansion of last Fri-Mon drop and appearing to form an s/t flag which I played as a leading wedge down/abc up instead.

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


Closed the trade as its back on support and I don't mind bounce or serious follow through at this point, I am beginning to find myself at last.

Travel Well
The following 2 users say Thank You to ratfink for this post:
 
  #35 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

Stuck to my rules today: 1) It's Friday so trade less and trade half-size. 2) It's Opex so don't trade.

That of course is mildly frustrating but I know it's the right decision for now.

Also stuck to the R&D rules this morning - can only remove charts, remove stuff from charts or move charts to a more or less significant position on screen. In all cases only one criteria to apply - is this information useful? Fascinating when you do that in a ruthless manner, albeit I had a lot on-screen to start with.

I think I also had some insight (probably controversial) regarding volume profiles and footprints, etc - I don't think the methods are any less subjective than any other way of finding 'hotter probability spots' in a chart - it just might be rather that successful users have subconsciously taught themselves how to buy strength and sell weakness at the right times, whereas the majority of us will tend to do the opposite all too often. I think it's a definite maybe anyway, but then I'm probably an agnostic.

Have a great weekend

Travel Well
The following 3 users say Thank You to ratfink for this post:
 
  #36 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

Looks like being choppy in front of Benny and the Inkjets. Move up or down out of this 26 point range should be strong either way. Have scalped 9, 5, 5 inside but am now flat.

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

The following 2 users say Thank You to ratfink for this post:
 
  #37 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

Dax range has simply widened from 26 points to 46, typical on a Fed watch type of day when ES as usual is sat between 2 fibs setups, 'to squeeze or not to squeeze', always the question. No answer this early. Ta, da.

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

 
  #38 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received

Haven't posted much for simple reason - not much worth saying, have lacked confidence for a few days, still talked myself out of too many good trades. Antidote - continue to simplify system, have now gone from a boatload of workspaces and charts to just 2 workspaces and a handful of charts.

Had an awful frazzled day stupidly messing around in the range yesterday. Antidote - got rid of huge splashes of red off the screen (a la DS psyche recommend), feels much calmer today. Result 3 winning scalps no losers. Loved @GFIs1 trade but closed early to fill hole in account I had made yesterday.

Also wanted to remind myself of some basics, decided best way to help myself was by helping a fellow traveller:

https://futures.io/trading-journals/10497-trading-spot-fx-euro-using-price-action-74.html#post331413

I wish one and all a great weekend break. I will be digging, planting and fitting skirting boards. Oh and finding out where I can learn more plumbing. For the bit between the ears that is...

Travel Well
The following 2 users say Thank You to ratfink for this post:
 
  #39 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,131 since Feb 2012
Thanks: 3,792 given, 7,664 received
Forum Reputation: Legendary


ratfink View Post
..I wish one and all a great weekend break. I will be digging, planting and fitting skirting boards. Oh and finding out where I can learn more plumbing. For the bit between the ears that is...

Wish you a great weekend too - and don't forget - Monday is NO trading day - so you have a prolonged weekend...

for "digging, planting"


GIFs1

The following user says Thank You to GFIs1 for this post:
 
  #40 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,340 since Dec 2012
Thanks: 11,283 given, 7,092 received


Just noticed on the auto-painting box ES and NQ both dumped onto support in the big sell-off, no surprise there, been running short setups but may well have put in at least 'B' wave lows for now (I'm always cautious of immediate downside once we start playing outside and above a down-sloping wedge or vice-versa. Dax in particular looked to do so this afternoon.

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


From an EW view dropping under the week's lows ought to get fairly traumatic for bulls, on the other hand ES above 47-48 ought to get a bit squeezy towards 60-65 again first.

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


Fyi APB is a work in progress. Ask me at Christmas. Wouldn't put my granny's white fivers on it yet.

Travel Well
The following user says Thank You to ratfink for this post:

Closed Thread



futures io > > > Five A Day

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
3 day Wonder aquarian1 Stocks and ETFs Trading 9 January 18th, 2012 11:27 PM
effect of gains and losses of previous day on next day tradersam Psychology and Money Management 2 May 18th, 2011 04:35 PM
Calculate GAP (Close of Prior Day, Open of Current Day) bluemele NinjaTrader Programming 16 January 19th, 2011 10:19 PM
Range Day ntsst3 Beginners and Introductions 2 October 12th, 2010 07:37 AM
first day of the week/month - requesting last day of the week/month SARdynamite NinjaTrader Programming 3 July 15th, 2010 07:25 AM


All times are GMT -4. The time now is 05:15 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 2017-12-18 in 0.15 seconds with 20 queries on phoenix via your IP 23.22.136.56