Underexposed - Canadian Stock Journal - Trading Journals | futures io social day trading
futures io futures trading


Underexposed - Canadian Stock Journal
Updated: Views / Replies:29,922 / 609
Created: by Underexposed Attachments:696

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 – 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 don’t 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
 696  
 
Thread Tools Search this Thread
 

Underexposed - Canadian Stock Journal

  #361 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,221 received

Hi @Underexposed,

You have 562 posts and 363 thanks received, that's actually a very strong number and it means your posts are well received.

Sorry you didn't get more discussion.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #362 (permalink)
Membership Temporarily Revoked
Calgary Alberta/Canada
 
Futures Experience: Advanced
Platform: TDWaterhouse
Favorite Futures: stocks (long term)
 
Posts: 934 since Feb 2014
Thanks: 180 given, 777 received

Status Oct 31/14

Well I guess I I might have made a mistake about viewership. I have been away from this site for a week now but a check if the number of views shows almost a 10% increase over that period.

I returned here to update the status of the portfolio I started here back in Feb/14. The only significant change has been that the stop-loss on Lakeshore gold finally tripped and that stock sold. But without that stock, turned boat anchor I made about a 1% gain this last week.

Gold is falling again...headed for $1000/oz IMHO....Lakeshore gold [TSX:LSG] as well as Sandstrom Gold [TSX:SSL] are tied at the hip to this commodity...I have placed both on a watchlist along with gold itself.

here is the update


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



In previous posts I said I was working on a spread sheet for which I download and analyze financial data. It is working out really well now.

this is a screen shot of Toronto Dominion Bank. It shows the quadrant chart that I have developed as well as elements of my "trigger chart"... the beauty of this worksheet is that I have complete control in setting up alerts the way I want them...I am at the stage of implementing those procedures now. So far on one spreadsheet I can update 25 worksheets of stocks in 2 minutes....I have not found the limit yet on the number of worksheets I can use....eventually I will have different workbooks for different watch lists....this is very exciting for me and something I wanted to do for years...I just found the key recently.

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


for comparison here is a sharpchart of TD.to....as you can see the Slow Sto , MACD and BBwidth in my version are pretty close in formation....good enough to make decisions on.

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



I won't post here regularly. I will answer questions periodically when asked in this journal. Seeing the readership of this journal after I left makes me feel good. I will regularly post every Friday for updates.

Thank you for reading....I find I do need this journal.

Reply With Quote
The following 4 users say Thank You to Underexposed for this post:
 
  #363 (permalink)
Membership Temporarily Revoked
Calgary Alberta/Canada
 
Futures Experience: Advanced
Platform: TDWaterhouse
Favorite Futures: stocks (long term)
 
Posts: 934 since Feb 2014
Thanks: 180 given, 777 received

First purchase attempt using new chart


things are moving well with more modifications to the new chart of mine.

I have about $30,000.00 in cash available in my fantasy account

Here are my support charts

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


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


Normally I would not pull the trigger and buy until I saw a sharp upturn to the BBwidth but looking at the sharp chart that looks to be possible soon

You will note that in my quadrant chart this stock is bullish for 3 data points, this combined with the trigger setup suggests I buy in now

Effective Monday Nov 3 at the bell I will try to Buy 500 shares of Badger Daylighting [TSX:BAD] @ $27.70/share.

we shall see what happens as a result of this purchase.

Reply With Quote
The following 2 users say Thank You to Underexposed for this post:
 
  #364 (permalink)
Mate
Budapest, Hungary
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: TopstepTrader
Favorite Futures: NQ, TF, YM
 
matevisky's Avatar
 
Posts: 469 since May 2013
Thanks: 632 given, 1,544 received

Dear @Underexposed ,

This is kind of thread what keeps me reminding:
- There is a much higher level of trading, what I am right now trying to do
- There is always have a bigger picture, bigger player, bigger perspective
- Great thing to know why the market is moves big

But also because of the topic, and because of a level of your knowing about this topic, it is super hard to create any comment, only to check it what you are doing.

I really hope that I will have a chance some year later to better understand your thread, till that time, I am just checking here regularly, amezed the chart and a level of detail what you are using, and wishing myself to be here one day! Please keep it up, if it is every friday, than it is, if it is every month, than it is... but please continue!

Máté
Full time traderLive journal here
Reply With Quote
The following 2 users say Thank You to matevisky for this post:
 
  #365 (permalink)
One day...
SF, CA/USA
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Stage 5 Trading/Gain
Favorite Futures: CL, NQ, ES, EUR
 
jackbravo's Avatar
 
Posts: 1,076 since Jun 2014
Thanks: 2,613 given, 1,740 received
Forum Reputation: Legendary

that's a very innovative chart type. i wish you success with it. i wonder if you can adapt to other instruments such as options.

Reply With Quote
The following user says Thank You to jackbravo for this post:
 
  #366 (permalink)
Membership Temporarily Revoked
Calgary Alberta/Canada
 
Futures Experience: Advanced
Platform: TDWaterhouse
Favorite Futures: stocks (long term)
 
Posts: 934 since Feb 2014
Thanks: 180 given, 777 received


matevisky View Post
Dear @Underexposed ,

But also because of the topic, and because of a level of your knowing about this topic, it is super hard to create any comment, only to check it what you are doing.

I really hope that I will have a chance some year later to better understand your thread, till that time

First of all, thanks for your comment....it is really appreciated

Secondly, it may look like this is hard to understand but it really isn't once you see how the charts can be used. That is why questions are vital to learning. It too me 10 years to arrive at where I am today with charts but that is because I was making my own interpretations on normal charts. I would try things and some would work and some would fail. I would build upon the successes and set the failures aside....I never throw them away 100% since there was a reason why I tried that approach in the first place and somethings I would revisit them to see if there was something I could salvage.

Now... when I look at a chart, important things stand out for me and it only takes a minute or so to come to a decision....whereas when I started I would spend 20-30 mins looking for clues to the mystery of a particular chart. Newbies to looking at charts the way I do would be also looking at charts this way...

Thirdly, your misunderstanding of what I do is NOT YOUR FAULT. It is my fault, as I am usually only highlighting the "important" features that I see in a chart. I am not talking about everything.

This is why questions are important from the reader. A question from a reader is never a dumb question on charting...that question is often in the mid of other readers. Sometimes I miss things in my quick analysis, sometimes the viewer sees something that I have never thought of before. In the past, this is how I progressed in my learning to read charts. People asked questions that sometimes cause me to re-think the way I do things.

That is why I have been frustrated here often....I love charting questions.


jackbravo View Post
that's a very innovative chart type. i wish you success with it. i wonder if you can adapt to other instruments such as options.

I am very excited about using this Quadrant chart. I am keeping how it is constructed under wraps now but I will talk a lot about how I intend to use it and your question is helpful in that regard

This is a swing/long term chart for stocks. The quadrant chart has about 18 months of historical data...I suppose it could be 18 or so hours of minute open/high/low/close/volume but I don't have access to such data. I get my info from Yahoo Financial .

Also since I don't do Options perhaps the chart as it exists could be useful...but you would have to explain what you are looking for.

Let me explain how I am using the charts I showed in the last post

here are the charts for the previous post I made


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



1. this shows the quadrant chart for the stock or index

2. this is nothing more than a smoothed version of my "trigger chart" as I show below.

3. This is where I will be adding alerts. If you have been following my past posts you will know that I have "rules" with respect to predicting the movement of a share price. Now that I have the raw data I can hard code those rules and create a buy/hold/sell/watch system that I "totally understand" there are many idiot light systems out there but they won't tell you anything that makes those lights go on....I will know exactly what is going on..... this is still a work in progress.

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



Now....IS THIS A DECISION MAKING SYSTEM????

Not at all....all final decisions will be made on the basis of a normal complete TA that I normally do.

But the trick is....that one the worst times it takes me only 2 minutes to download and process the data for 12 different stocks (I still don't know the limits on Excel on how many pages of stocks I can have). I then present a summary page like the one you see below

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


This is a summary of indices of the Toronto Stock Exchange and where historical data does not exist I use the numbers of ETFs that are based on the indices.

At a glance, I can see the ones that are currently bullish. I would then have workbooks that are built around a particular index with the stocks associated with that index with a similar summary page to see which stocks are performing.

I can ignore those stocks until I see its sector performing.

The columns between the charts will be used to display the alerts that I will generate on the main sheet.

Using this approach I can watch hundreds of stocks and indices....something that was too tiresome for me in the past.


Anyway, that is the approach and aims I have for this quadrant analysis....it is a watch tool on a mega scale


Good Trading

PS: I did get my Badger Daylight [TSX:BAD] at $27.70 this morning...it is in my fantasy portfolio and my real portfolio as well now at that price.....my first pick on that basis. Badger is a great company, I have owned them in the past....thay have a fleet of vacuum trucks, very useful in the oil patch as well as city use.


Last edited by Underexposed; November 3rd, 2014 at 01:51 PM.
Reply With Quote
The following 3 users say Thank You to Underexposed for this post:
 
  #367 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,221 received

I'm sure you covered this but I can't remember. Are these trades cash or sim?

Sent from my phone

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #368 (permalink)
Membership Temporarily Revoked
Calgary Alberta/Canada
 
Futures Experience: Advanced
Platform: TDWaterhouse
Favorite Futures: stocks (long term)
 
Posts: 934 since Feb 2014
Thanks: 180 given, 777 received


Big Mike View Post
I'm sure you covered this but I can't remember. Are these trades cash or sim?

Sent from my phone

I NEVER use simulators...simulators are for beginners and IMHO useless as far as learning how to trade.

Why test or trade in a Simulator mode when you have real data to work with??

As you saw in the post I made on Sunday, I announced why I was putting in a bid for Badgerdaylighting and at what price I would set my limit bid at the bell

Here is the 5 minute chart for today and Friday

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



As you see the share price opened at $27.85 climbed into the $27.90's before it came down to $27.70 and passed through that level to $28.65 in the first hour....in the next 2 hours it bounced on or around $27.70 several times

I consider in this phantom portfolio that I have had my bid filled if the share price passes at leasr once in the day...in this case it did it several times.

In fact, in reality Some of those transactions were my real transactions as in truth I made some small purchases at that level.

As further proof, I use current charts at the time I make decisions and Sharpcharts and Bigcharts do not do any charts on any simulations to my knowledge.

I shun simulations as they are only based on pseudo-reality IMHO...you cannot devise a stock investment approach on their basis.

The new chart I am working on IS based on real EOD data....not sim

Thanks for asking as I guess many would have that question.

Reply With Quote
The following user says Thank You to Underexposed for this post:
 
  #369 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,221 received

OK, so cash yes?

Sent from my phone

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #370 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,784 since Sep 2013
Thanks: 9,848 given, 11,155 received
Forum Reputation: Legendary



Underexposed View Post
I well set up a spreadsheet where I will allocate myself $100,000 worth of play money. It is not an overly complicated spreadsheet but for the newbie it might give you an idea of how to create one for themselves. I will divide that money into use in 5 sectors ($20,000 each) and select companies in each. I like a minimum of 1000 shares in stocks under $20/share and 500 shares for stocks in the $21-$40/share...I find I don't make money trading for lesser amounts of shares.


Big Mike View Post
OK, so cash yes?

Sent from my phone

It's paper, not cash.

Reply With Quote

Reply



futures io > > > Underexposed - Canadian Stock 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
FB2012 Friday Stock Day Trading Journal FB2012 Trading Journals 56 May 4th, 2014 01:03 PM
trading Canadian exchanges ChartTrader175 Stocks and ETFs Trading 11 February 28th, 2014 05:04 PM
PuraVida's Stock Swing Journal puravida Trading Journals 21 April 7th, 2013 10:35 AM
Strider's stock trading journal jmjstrider Elite Trading Journals 9 March 2nd, 2011 05:17 AM
Alex123 Stock Day Trading Journal alex123 Elite Trading Journals 40 October 10th, 2010 03:02 PM


All times are GMT -4. The time now is 05:23 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 2017-12-13 in 0.16 seconds with 20 queries on phoenix via your IP 54.92.194.75