Mergodon TopSteptrader Live Account Journaling - futures io
futures io futures trading



Mergodon TopSteptrader Live Account Journaling


Discussion in Trading Journals

Updated by fskhan
      Top Posters
    1. looks_one matevisky with 251 posts (1,268 thanks)
    2. looks_two bobwest with 15 posts (33 thanks)
    3. looks_3 GFIs1 with 13 posts (27 thanks)
    4. looks_4 ratfink with 13 posts (57 thanks)
      Best Posters
    1. looks_one matevisky with 5.1 thanks per post
    2. looks_two ratfink with 4.4 thanks per post
    3. looks_3 iqgod with 3.1 thanks per post
    4. looks_4 bobwest with 2.2 thanks per post
    1. trending_up 75,731 views
    2. thumb_up 1,759 thanks given
    3. group 76 followers
    1. forum 446 replies
    2. attach_file 166 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 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)

 
Thread Tools Search this Thread
 

Mergodon TopSteptrader Live Account Journaling

  #281 (permalink)
Como, Italy
 
Experience: Advanced
Platform: Tradestation, IB
Broker: Tradestation, IB
Trading: ES
 
Posts: 181 since Aug 2014
Thanks: 293 given, 307 received


matevisky View Post
Quick update: I made -800usd during a transition to the Russell. My bad my loss did all the mistake what I did before. The only mistake what I did not do is to kept my account green
So I have 3 shot if it will not work out than I have spoke with John already and I can go back to do free combine again.

I was mad now I am calm. I have got out from 3 bearifull short and entered many wrong long. The good side is that what I wrote . Because I have regain my control from fear to clarity I can stay in the game and topsteotrader will help me to overcome these period. Thank you for that see you tomorrow

There isn't any trader I know who don't go through a loss bigger then planned any now and then. In your case I would say 800 is not such a big deal. I don't have your stats but I guess your average profit day is around 150/200 usd. That means you can recover what you lost today in about a week. I'm now not telling you have or you will recover it in one week but just that what you lost today is compatible with your P/L.
What I don't understand is what you mean with 3 shots, and if you fail then you come back to combine. Well let me say that this is not the best way to put you at work. I had a prop trading company and I worked with good and bad traders, and as regards bad traders I never gave them 3 shots, I just let them work or let them go. 3 shots makes really no sense to me in this job.

But I really hope you succeed and you don't have to go back to combine. Stay focused and try to build your P/L one step at a time if these are the rules.

Reply With Quote
The following 6 users say Thank You to montanajtt for this post:

Can you help answer these questions
from other members on futures io?
Convert NinjaTrader NT7 indicator to Tradestation EasyLanguage and RADARSCREEN
Platforms and Indicators
Issue meeting order entry conditions
Elite Automated NinjaTrader Trading
Last 5 minutes Label
ThinkOrSwim
Moving average with Lag reduction
NinjaTrader
Linux?
ThinkOrSwim
 
Best Threads (Most Thanked)
in the last 7 days on futures io
What is your single biggest weakness?
95 thanks
Spoo-nalysis ES e-mini futures S&P 500
91 thanks
Is Volume Profile worth learning or is it an outdated concept?
57 thanks
Is Orderflow An Outdated Concept?
30 thanks
What % is your daily loss limit?
19 thanks
 
  #282 (permalink)
Budapest, Hungary
 
Experience: Intermediate
Platform: Ninjatrader
Broker: TopstepTrader
Trading: NQ, TF, YM
 
matevisky's Avatar
 
Posts: 469 since May 2013
Thanks: 633 given, 1,531 received

3 shot - bAsed on my 10 tick sl entry I have 3 times chance to make a gift so we will see. I am not upset simply sad to not trade without fear.

Máté
Full time traderLive journal here
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to matevisky for this post:
 
  #283 (permalink)
Roswell, GA
 
Experience: Advanced
Platform: NinjaTrader
Trading: Futures
 
Sazon's Avatar
 
Posts: 233 since Feb 2013
Thanks: 925 given, 456 received



matevisky View Post
3 shot - bAsed on my 10 tick sl entry I have 3 times chance to make a gift so we will see. I am not upset simply sad to not trade without fear.


Don't be to hard on yourself. You have to first stop beating yourself up. The most important thing you can do is be patient with yourself and correct the mistakes.

What's the worst thing that can happen to you? You can go back to combine.

So you go back to combine. Use it to improve your strategy, and get back funded again.

Reply With Quote
The following 5 users say Thank You to Sazon for this post:
 
  #284 (permalink)
Budapest, Hungary
 
Experience: Intermediate
Platform: Ninjatrader
Broker: TopstepTrader
Trading: NQ, TF, YM
 
matevisky's Avatar
 
Posts: 469 since May 2013
Thanks: 633 given, 1,531 received

Yip I have the same reading so Friday will be market choice

Máté
Full time traderLive journal here
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to matevisky for this post:
 
  #285 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,046 since Feb 2012
Thanks: 5,114 given, 10,569 received


matevisky View Post
Yip I have the same reading so Friday will be market choice

Maté - Take your time..
No trading tomorrow - relax and start from a good point next week.
Big players mixed up the markets - it is for window dressing on end of year.
Don't jump in like you did on normal months.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to GFIs1 for this post:
 
  #286 (permalink)
Budapest, Hungary
 
Experience: Intermediate
Platform: Ninjatrader
Broker: TopstepTrader
Trading: NQ, TF, YM
 
matevisky's Avatar
 
Posts: 469 since May 2013
Thanks: 633 given, 1,531 received

we will see speaking frankly the market was acting normal in his in normal way. The only issue was myself. I never try to guess what happen only today I would like to make my way tomorrow to close the week but I will consider your advice speaking frankly it would be harder to wait or be sad about not to trade a clean setup than to make a good loss. Anyhow it is great to see when the weakest link in your trading is yourself

Máté
Full time traderLive journal here
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 7 users say Thank You to matevisky for this post:
 
  #287 (permalink)
Birmingham UK
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TST/Rithmic
Trading: YM/Gold
 
ratfink's Avatar
 
Posts: 3,652 since Dec 2012
Thanks: 17,422 given, 8,386 received


matevisky View Post
3 shot - bAsed on my 10 tick sl entry I have 3 times chance to make a gift so we will see. I am not upset simply sad to not trade without fear.

I assume you are saying this because of the TST rules forcing you to think like this. That will pass.

Fwiw (might not be much...) I noticed that your preparation and ideas were very clear about levels (e.g. you showed good ones) and strategy (e.g. you talked about one kill) when you were making the transition. Then, as you got into the funded phase, you seemed to lose that clarity a bit, traded more often and also more in the 'noise'.

I have a tendency to do this and have to think about it all the while, keeping down the number of trades and picking more selective locations.

I took a large leftfield drawdown last month (much worse than you, destroyed all Santa's presents), had to take a complete timeout to write out what had happened and get it out of my mind and body (local handwriting, seemed to get the emotion out better). Now I'm moving on again and will soon recover it.

Best to you, pick good trades, stay cool, keep the plan and keep on trucking!

Travel Well
Visit my futures io Trade Journal Reply With Quote
The following 12 users say Thank You to ratfink for this post:
 
  #288 (permalink)
Budapest, Hungary
 
Experience: Intermediate
Platform: Ninjatrader
Broker: TopstepTrader
Trading: NQ, TF, YM
 
matevisky's Avatar
 
Posts: 469 since May 2013
Thanks: 633 given, 1,531 received


ratfink View Post
I assume you are saying this because of the TST rules forcing you to think like this. That will pass.

Fwiw (might not be much...) I noticed that your preparation and ideas were very clear about levels (e.g. you showed good ones) and strategy (e.g. you talked about one kill) when you were making the transition. Then, as you got into the funded phase, you seemed to lose that clarity a bit, traded more often and also more in the 'noise'.

I have a tendency to do this and have to think about it all the while, keeping down the number of trades and picking more selective locations.

I took a large leftfield drawdown last month (much worse than you, destroyed all Santa's presents), had to take a complete timeout to write out what had happened and get it out of my mind and body (local handwriting, seemed to get the emotion out better). Now I'm moving on again and will soon recover it.

Best to you, pick good trades, stay cool, keep the plan and keep on trucking!

Thx man! I will focus, and calm, that is for sure. What will happen is fun Trading should be fun

Máté
Full time traderLive journal here
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to matevisky for this post:
 
  #289 (permalink)
Budapest, Hungary
 
Experience: Intermediate
Platform: Ninjatrader
Broker: TopstepTrader
Trading: NQ, TF, YM
 
matevisky's Avatar
 
Posts: 469 since May 2013
Thanks: 633 given, 1,531 received

Out from the water with one foot. IT WAS CLOSE - Thank you Russel!

Oke. So here is the deal. The comissions from yesterday has been calculated overnight. So my balance droped to 219USD. If I go to red, I will not gain 2 free combine, but If I not try, than I am not a trader.

My stop is 10 tick, but I modifed for Russel sake to 8 tick because of slipage and everything. My usual profit target is 30 tick, based on same manner, I modifed it to 25 tick. Just to dont overpush.
So based on this I have only 2 shots. There is no reason or reality to go closer stops, so this is what it is. Bye bye 3 shots, 2 shots here you come...
I made a quick gift. Question, reenter or not on the same price level. Answer simple, yes. Picture good, it is a good to go:
Result: 1 gift, and 1 +37 tick winner trade.

See you on Monday, One foot is out from the water, but need to go back to 1000USD to feel comfortable again. Russel here I come my old friend, I have been missed you!

Máté
Full time traderLive journal here
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 11 users say Thank You to matevisky for this post:
 
  #290 (permalink)
Como, Italy
 
Experience: Advanced
Platform: Tradestation, IB
Broker: Tradestation, IB
Trading: ES
 
Posts: 181 since Aug 2014
Thanks: 293 given, 307 received


Good work! Have a nice weekend

Reply With Quote
The following 4 users say Thank You to montanajtt for this post:



futures io Trading Community Trading Journals > Mergodon TopSteptrader Live Account Journaling




Upcoming Webinars and Events
 

Free BloodHound Licenses to everyone!

June
 

Every journal equals ten meals for the hungry

June
     



Copyright © 2020 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