NexusFi: Find Your Edge


Home Menu

 





Mike Sullivan Trading Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one msull35706 with 183 posts (194 thanks)
    2. looks_two avall38486 with 15 posts (2 thanks)
    3. looks_3 Jester with 13 posts (12 thanks)
    4. looks_4 Daytrader999 with 6 posts (2 thanks)
      Best Posters
    1. looks_one willis with 2 thanks per post
    2. looks_two msull35706 with 1.1 thanks per post
    3. looks_3 Jester with 0.9 thanks per post
    4. looks_4 Daytrader999 with 0.3 thanks per post
    1. trending_up 57,975 views
    2. thumb_up 219 thanks given
    3. group 46 followers
    1. forum 277 posts
    2. attach_file 347 attachments




 
Search this Thread

Mike Sullivan Trading Journal

  #31 (permalink)
 
pedalon's Avatar
 pedalon 
Lost USA
 
Experience: Advanced
Posts: 23 since Apr 2013
Thanks Given: 102
Thanks Received: 38


msull35706 View Post

No Mike Sullivan made up trades today!!!!


Good job Mike!!

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Futures True Range Report
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
  #32 (permalink)
 Jester 
Manassas, VA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrader Brokerage/Continuum
Trading: ES
Posts: 36 since Nov 2010
Thanks Given: 14
Thanks Received: 29


msull35706 View Post
Took 2 system trades today on 2 contracts and netted $240
Nice recovery day.

1st Entry: First PB to 15MA with matching RED 15/50MA's. Classic Power Entry
Went for 18tix total so got my 6 + 10 tix for $160

2nd Trade: 2nd PB to 15MA [Strat signal]. Stalled twice at 6tix so I took 5tix on 2 contracts
for 10tix total or $100

No Mike Sullivan made up trades today!!!!

Thx for the board's support on just take system trades.
The strat trade is similar to the Power Entry which is based on a PB to the 15MA with trend

Mike S.

Now that's the way we do it! Just rinse and repeat

Cheers,
Steve

Reply With Quote
Thanked by:
  #33 (permalink)
 msull35706 
Saratoga, NY USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, GC
Posts: 377 since Aug 2010
Thanks Given: 141
Thanks Received: 809



Jester View Post
Now that's the way we do it! Just rinse and repeat

Cheers,
Steve

Many thx again on your words of wisdom!!!

Mike S

Started this thread Reply With Quote
Thanked by:
  #34 (permalink)
 msull35706 
Saratoga, NY USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, GC
Posts: 377 since Aug 2010
Thanks Given: 141
Thanks Received: 809

Greetings

No trades for me today due to my Day Job!!!

Share some charts are welcomed here!!!

Thank you

Mike S.

Started this thread Reply With Quote
  #35 (permalink)
 msull35706 
Saratoga, NY USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, GC
Posts: 377 since Aug 2010
Thanks Given: 141
Thanks Received: 809

Some nice setups if you were patient.
That's what I'm trying to learn and stay on that path.

Trust the PB's to the 15MA with trend or matching 50MA color...
3LB, very nice...
1st ABC in cycle trend....

These repeat each day!!!

Attached Thumbnails
Click image for larger version

Name:	CL_120513_1.PNG
Views:	305
Size:	106.9 KB
ID:	130399   Click image for larger version

Name:	CL_120513_2.PNG
Views:	267
Size:	104.5 KB
ID:	130400  
Started this thread Reply With Quote
  #36 (permalink)
 Jester 
Manassas, VA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrader Brokerage/Continuum
Trading: ES
Posts: 36 since Nov 2010
Thanks Given: 14
Thanks Received: 29


msull35706 View Post

If you were patient.
These repeat each day!!!


Mike this is the meat of what you just posted. I like how you went back and reviewed the trades for today that would have taken place if you were there. Rinse and repeat this is what we say and this is what consistency is all about. If you keep changing things, keep chasing a magic indicator or keep trying something new then how are you ever going to be consistent.

I mean hell if you are consistently losing taking the same trade setup at least you are being consistent and can look at what you are doing based on your track record.

Remember what you have posted here today and internalize this. For it is from within that the holy grail exists and will make itself known to thee...

Cheers,
Steve

Reply With Quote
  #37 (permalink)
 Jester 
Manassas, VA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrader Brokerage/Continuum
Trading: ES
Posts: 36 since Nov 2010
Thanks Given: 14
Thanks Received: 29

Mike this is your thread and I respect that so I am only posting this here because you said it's ok. I'm not going to make a habit of it but I am going to show you a few trades between yesterday and today.

A quick note. I have been trading the forex market exclusively and I tend to focus on the AUD/USD. I am starting to look at the CL to add to my portfolio. I don't focus on all forex pairs mainly the Aussie.

So here are a few charts showing the last couple of trading sessions.

Cheers,
Steve




Reply With Quote
Thanked by:
  #38 (permalink)
 avall38486 
Dallas, Texas
 
Experience: Intermediate
Platform: ninjatrader
Trading: crude oil
Posts: 90 since Dec 2011
Thanks Given: 78
Thanks Received: 43

Mike,
You are doing very well. Keep up the journal. You are getting to the essence of successful trading. Keep it simple, look for the same setups. Soon you will be trading the same setups spontaneously.

It is great to see Steve has the same software.

Amin

Reply With Quote
Thanked by:
  #39 (permalink)
 msull35706 
Saratoga, NY USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, GC
Posts: 377 since Aug 2010
Thanks Given: 141
Thanks Received: 809

1 and Done...
Got 13tix on 2 contracts.
With the T4 Dom, price moved too fast for my 6 + 10 targets and just flattened my
position when it was north of $200...
Sometimes it's nice to be lucky... Not giving that profit back!
End the day / week positive!!!

Mike S

Attached Thumbnails
Click image for larger version

Name:	CL_120613_1.PNG
Views:	270
Size:	160.0 KB
ID:	130431   Click image for larger version

Name:	CL_120513_FilledOrders.PNG
Views:	201
Size:	41.9 KB
ID:	130432   Click image for larger version

Name:	CL_120513_Summary.PNG
Views:	215
Size:	53.3 KB
ID:	130433   Click image for larger version

Name:	120613_TopStep_Summary.PNG
Views:	232
Size:	33.3 KB
ID:	130525  
Started this thread Reply With Quote
Thanked by:
  #40 (permalink)
 Jester 
Manassas, VA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrader Brokerage/Continuum
Trading: ES
Posts: 36 since Nov 2010
Thanks Given: 14
Thanks Received: 29



msull35706 View Post
1 and Done...
Got 13tix on 2 contracts.
With the T4 Dom, price moved too fast for my 6 + 10 targets and just flattened my
position when it was north of $200...
Sometimes it's nice to be lucky... Not giving that profit back!
End the day / week positive!!!

Mike S

Nice trade Mike! It is certainly nice to just take on the 1 and done trades

You have also done yourself well by setting a daily goal. This is a great rule that really helps play into preventing yourself from over trading and helps to build confidence in your psychology.

Nicely done!

Reply With Quote
Thanked by:




Last Updated on June 1, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts