Two events to journal... - futures io
futures io



Two events to journal...


Discussion in Trading Journals

Updated
    1. trending_up 608 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Two events to journal...

(login for full post details)
  #1 (permalink)
 Jimdog42 
Denver, CO
 
Experience: Intermediate
Platform: Ninja
Trading: Futures
 
Posts: 2 since Dec 2011
Thanks: 0 given, 0 received

Fellow Traders,

Curious for those of you that are active in their journaling-do you capture JUST the entry and all the conditions about the trade the second you pull the trigger OR do you capture the entire trade thus showing the entry and the management?

I welcome your thoughts!



JimDog

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Unable to choose strategy from chart - NT8
The Elite Circle
Brad Cowan
Trading Reviews and Vendors
TO ALL
Traders Hideout
how to avoid these type of trades in algo
NinjaTrader
DAX UP GAP
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
41 thanks
Why dont people trade 150 ES contracts?
40 thanks
Any long term success stories from funded traders in the …
26 thanks
How to work on strategy
25 thanks
Am I finally on the right path?
18 thanks
 
(login for full post details)
  #3 (permalink)
 bijeremiad 
San Francisco, CA
 
Experience: Beginner
Platform: IB
Trading: Stocks
 
bijeremiad's Avatar
 
Posts: 411 since Jul 2011
Thanks: 286 given, 344 received



Jimdog42 View Post
Fellow Traders,

Curious for those of you that are active in their journaling-do you capture JUST the entry and all the conditions about the trade the second you pull the trigger OR do you capture the entire trade thus showing the entry and the management?

I welcome your thoughts!



JimDog

@JimDog,

Rather than answering this post, I should be catching up on my journaling, which I have long neglected.

I have been filling out a sheet that has 6 sections:

1) Pre-entry - what was the market doing before I got in, what were the highs/lows, was it trending or in a trading range, what was the set up I percieved
2) Entry - This is what everybody gathers: shares, price, time, comission. I also add how I got in; was it limit, stop or market. I trade a very gappy instrument with wide bid ask spreads so I keep track of how the market behaves as I try to get in. Was there slippage, did I chase the entry?
3) Manage - Where did I place my stop, why did I place it there? Did I move my stop, when/why? What was I seeing/feeling druing the trade
4) Exit - usual stuff, was there slippage
5) Post Entry - What did the markets do after I exited. What could I have done better? Did the trade go my way after exit, or was I glad to be out? If I had stayed in would my original stop have been honored or taken out?
6) Trade statistics - Gross, net, time in trade, time standing by, max favorable excursion, max adverse excursion, end of trade draw down, return/risk.
All the hard data goes into an excel journal. The notes stay on the written page, but are scanned for records. I also keep a screen shot of the day's trades.

I have not done a good job of keeping track of trades I tried to take but missed or hesitated on. An "opportunity cost" journal of sorts. Will work on that

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
 bijeremiad 
San Francisco, CA
 
Experience: Beginner
Platform: IB
Trading: Stocks
 
bijeremiad's Avatar
 
Posts: 411 since Jul 2011
Thanks: 286 given, 344 received

If you look at this screenshot, you can see the dotted purple lines that show where my stops were during the trade. I like the visualization, but it takes forever because I have to do it manually - so I don't.

Some traders take a screenshot at the time of trade to get a sense for what it looked like at trigger time, rather than being "polluted" by hindsight bias that is so apparent after the market plays out. I haven't gotten there yet.

Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Trading Journals > Two events to journal...


Last Updated on May 17, 2013


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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