Mike Sullivan Trading Journal - Trading Journals | futures io social day trading
futures io futures trading


Mike Sullivan Trading Journal
Updated: Views / Replies:31,889 / 277
Created: by msull35706 Attachments:334

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
 334  
 
Thread Tools Search this Thread
 

Mike Sullivan Trading Journal

  #51 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


msull35706 View Post
DT

Many thx for your kind words.

Will do my best.

Have you figured out ATM strat like in Ninja to be used in T4 platform?
That DOM is a bit of a challenge for me but still want to pursue a qualification
of a funded TopStep account.

Are you still using BDT method?

Mike S.

You're welcome !

I never looked more deeply into T4 platform since I still don't give up my belief that TST will get NT up and running for the combine sometime...
So I didn't look for a similar strategy manager like Ninja's ATM either.

And yes, I'm still using BDT method and I'm planning to use it in a possible combine as well.

Currently I'm also working on the process of getting a decent understanding of order flow techniques by using Order Flow Analytics OFA / Ninja (free) service.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
 
  #52 (permalink)
Elite Member
Saratoga, NY USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, GC
 
Posts: 377 since Aug 2010
Thanks: 141 given, 790 received


Daytrader999 View Post
You're welcome !

I never looked more deeply into T4 platform since I still don't give up my belief that TST will get NT up and running for the combine sometime...
So I didn't look for a similar strategy manager like Ninja's ATM either.

And yes, I'm still using BDT method and I'm planning to use it in a possible combine as well.

Currently I'm also working on the process of getting a decent understanding of order flow techniques by using Order Flow Analytics OFA / Ninja (free) service.

Great DT

I'd like to see your progress on that.
I had OFA prior to the Ninja integration. A little over my head.
Keep me/us posted.
I also have BDT and wasn't able to get the consistency....
So far, off to a good start with Right Line....

Mike S.

Reply With Quote
 
  #53 (permalink)
Elite Member
Saint Louis Missouri
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: crude oil
 
Posts: 78 since Dec 2011
Thanks: 63 given, 35 received

what is BDT


Hi Daytrader 999,

what is the BDT trading method ?

thanks

Amin

Reply With Quote
 
  #54 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


avall38486 View Post
Hi Daytrader 999,

what is the BDT trading method ?

thanks

Amin

Hi Amin,

BDT = Boomerang Daytrading System.

You can take a look at my journal thread to see some details and screenshots concerning the BDT system:

https://futures.io/elite-trading-journals/24150-daytrader999-s-20-day-combine-topsteptrader-3.html

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
 
  #55 (permalink)
Elite Member
Saratoga, NY USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, GC
 
Posts: 377 since Aug 2010
Thanks: 141 given, 790 received

CL Trades for 12/9/2013...

Tough day!!!
Took 2 setups and limited my losses...

1st Trade: 3LB that stalled

2nd Trade: Strat Green 15/50MA.. Stalled

Done for day...

Some days are going to be like this. Don't kill your account
and revenge trade!!!
Tomorrow is another day.

Mike S.

Attached Thumbnails
Mike Sullivan Trading Journal-cl_120913_1.png   Mike Sullivan Trading Journal-cl_120913_filledorders.png   Mike Sullivan Trading Journal-cl_120913_summary.png  

Last edited by msull35706; December 9th, 2013 at 12:47 PM.
Reply With Quote
The following 3 users say Thank You to msull35706 for this post:
 
  #56 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


msull35706 View Post
Tough day!!!
Took 2 setups and limited my losses...

1st Trade: 3LB that stalled

2nd Trade: Strat Green 15/50MA.. Stalled

Done for day...

Some days are going to be like this. Don't kill your account
and revenge trade!!!
Tomorrow is another day.

Mike S.

Hi Mike,

sure, some days you better stay in bed all day long rather than to trade one single contract on any instrument.

So, when I take a closer look at your trades today, is it possible that you moved your stops perhaps a little bit too early on both trades ?

I might be wrong, but having that said, IMO both trades could (or would) have been winners if you've had left your stops at -10, never touched them and let the trades develop...


Just my $0.02.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
 
  #57 (permalink)
Elite Member
Saratoga, NY USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, GC
 
Posts: 377 since Aug 2010
Thanks: 141 given, 790 received


Daytrader999 View Post
Hi Mike,

sure, some days you better stay in bed all day long rather than to trade one single contract on any instrument.

So, when I take a closer look at your trades today, is it possible that you moved your stops perhaps a little bit too early on both trades ?

I might be wrong, but having that said, IMO both trades could (or would) have been winners if you've had left your stops at -10, never touched them and let the trades develop...


Just my $0.02.

Hey DT

The 1st trade would have been a complete 10tix loss so I saved 5tix on that.
2nd trade.. yes.. would have worked out.

Its just the price action was so ugly that I just couldn't take a potential full stop out.
If I left alone, would have had my 6+10tix and would have ended positive.

Hey, live to trade another day!!!

How you do today?

Keep posting charts on your thread and/or here...

BDT has alot of similarities in my opinion and we can help other traders visiting both our threads..

my .03cents...

Mike S

Reply With Quote
 
  #58 (permalink)
Elite Member
Manassas, VA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Ninjatrader Brokerage/Continuum
Favorite Futures: ES
 
Posts: 36 since Nov 2010
Thanks: 14 given, 29 received


msull35706 View Post
Tough day!!!
Took 2 setups and limited my losses...

1st Trade: 3LB that stalled

2nd Trade: Strat Green 15/50MA.. Stalled

Done for day...

Some days are going to be like this. Don't kill your account
and revenge trade!!!
Tomorrow is another day.

Mike S.

Nice trading Mike. It would be helpful if you could markup where you entered and where you exited on your charts so others can identify the entry/exit.

I can see what Daytrader means by leaving your stop in place. However I will leave you with some food for thought.

If your trading plan calls for an initial stop of 10 ticks calls for it to tighten up after x number of candles or x amount of time or x amount of ticks then follow your plan.

A good trade = a trade (win or lose) that you enter and exit based on your rules

A bad trade = a trade (win or lose) that is entered and exited outside of your rules.

The old adage goes plan your trade and trade your plan. Yes there are times when you need uneed to make some modifications but the principle still applies.

Cheers,
Steve

Reply With Quote
 
  #59 (permalink)
Elite Member
Manassas, VA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Ninjatrader Brokerage/Continuum
Favorite Futures: ES
 
Posts: 36 since Nov 2010
Thanks: 14 given, 29 received

I also noticed on your charts that the entry/exit times on the trade history do not match the time on the charts

Reply With Quote
 
  #60 (permalink)
Elite Member
Saratoga, NY USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, GC
 
Posts: 377 since Aug 2010
Thanks: 141 given, 790 received



Jester View Post
I also noticed on your charts that the entry/exit times on the trade history do not match the time on the charts

Steve

The Fills from TopStep are Chicago time...
So it's 1hr less...

Agreed on keeping to the plan

Mike S.

Reply With Quote

Reply



futures io > > > Mike Sullivan Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading in a glass box - a Discretionary Trading Journal treydog999 Elite Trading Journals 311 January 28th, 2015 02:03 AM
Mike's price action video journal. saiga Trading Journals 63 October 16th, 2013 06:13 PM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 04:48 PM
Trading Trendlines Across Markets: Futures Trading Journal sahbmt Elite Trading Journals 135 June 26th, 2013 03:59 PM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 08:34 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 2017-12-10 in 0.16 seconds with 20 queries on phoenix via your IP 54.83.122.227