iqGod's Own Country - futures io
futures io futures trading



iqGod's Own Country


Discussion in Trading Journals

Updated April 29th 2016 by iqgod
      Top Posters
    1. looks_one iqgod with 257 posts (796 thanks)
    2. looks_two bobwest with 24 posts (52 thanks)
    3. looks_3 Scalpingtrader with 11 posts (28 thanks)
    4. looks_4 PandaWarrior with 9 posts (27 thanks)
      Best Posters
    1. looks_one iqgod with 3.1 thanks per post
    2. looks_two PandaWarrior with 3.0 thanks per post
    3. looks_3 Scalpingtrader with 2.5 thanks per post
    4. looks_4 bobwest with 2.2 thanks per post
    1. trending_up 33,975 views
    2. thumb_up 1,118 thanks given
    3. group 35 followers
    1. forum 385 replies
    2. attach_file 174 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)

 
Search this Thread
 

iqGod's Own Country

(login for full post details)
  #341 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received

New NinjaTrader Combine: Day 16 Official Report




The trade was a one-tick winner with-trend and the entry was on a pullback to the EMA.

The trade deserves three separate emotional logs:

1. When the trade was taken it was with proper technique with good execution at a sweet spot. I waited and waited and then entered at a 'ripe' moment. However I realised that the pullback had not properly tested the earlier breakout so dangerously had to give the stop more wiggle room, out of my comfort level. This is observation one. Keep out of trades that do not allow proper stop placement, no matter how juicy they look.

2. The trade came dangerously close to the stop and must have taken out other's stops which were smaller and in their comfort zones, but eventually started going with-trend. The traders who wouldn't have waited earlier would've been the ones whose stops got taken out. There was temptation to bail out, bail out, bail out at various points with the reasoning 'take your small loss and go home'. However I sensed that it was simply a mask and such risk aversion is anti-good-trading. This is the second observation. Do what is hardest and most difficult.

3. The trade was very close to the target but based on earlier observations rarely does a trade that has given so much MAE result in a good trade later - too many bruised parties want to escape from the loony bin unscathed! This is observation three - Trust your intuition and experience and hence this was accepted as a one tick winner and with no regrets for moving the target.

Visit my futures io Trade Journal Reply With Quote
The following 5 users say Thank You to iqgod 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
FIO Journal Challenge - June 2020 w/SharkIndicators
71 thanks
Spoo-nalysis ES e-mini futures S&P 500
66 thanks
Bookmap vs Jigsaw Daytradr
31 thanks
What is your single biggest weakness?
27 thanks
AMP Futures / AMP Global Review
27 thanks
 
(login for full post details)
  #342 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received

Day 17 Trading



Trading is never about luck.

I felt I was lucky that the second trade came 2 ticks short of my stop and then went on its perfectly two-legged journey to reach my target. Mainly because I had entered and then had to take the younger one to the doctor when she vomitted, and then came back to find target achieved.

I think it isn't luck ever. Luck is an 'excuse word' for people who do not take small losses, such as me in the old days (not so old).

Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to iqgod for this post:
 
(login for full post details)
  #343 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received

New NinjaTrader Combine: Day 17 Official Report



Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to iqgod for this post:
 
(login for full post details)
  #344 (permalink)
Denmark
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL
 
cejstrup's Avatar
 
Posts: 91 since Jan 2014
Thanks: 1,147 given, 152 received

Well done on the combine

Keeping risk down. Keep doing it like this and you'll be set Are you going with a continuous combine next ?

To succeed in trading you need to think like the minority ,so you won't end up like the majority
Reply With Quote
The following 2 users say Thank You to cejstrup for this post:
 
(login for full post details)
  #345 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received


cejstrup View Post
Well done on the combine

Keeping risk down. Keep doing it like this and you'll be set Are you going with a continuous combine next ?

I know what you mean. However the continuous combine does not appeal to me.

Also, looking at my past history, I know I will go on and one of these two things from here (its easy to think I'm in control but historically 'the winter' has been difficult for me):

1. Become risk averse to stay at this peak and take tiny profits.
2. Try to force my will upon the market and get close to DLL.

Hence with only three days left I've decided to change course and simply open and close one position for a random three days - mainly because I am going on a vacation and do not want to involve trading in that. ( I tried it once where I was trading from Thailand and screwed up).

There are traders who get 10 days and reach this same goal. Kudos to them. I am very slowly getting there (from a deep trough) and do not want to derail myself even if people pop up and say 'You are not meant to be a trader.... look you are almost there and you are not allowing the ride to complete."

I will continue the ride and choose to roll over.

This has been a fruitful year.

Here's wishing everyone happy holidays and a Happy New Year!

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to iqgod for this post:
 
(login for full post details)
  #346 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received

My combine ends on 9th Jan and I'll be gone till 6th Jan starting today. No trading is allowed today. Hence I'll use the last three days to take quick trades to roll the combine, unless the 'all charged up back from holiday' attitude allows some miracles.

I am up +$900 and need to make $600 more to achieve target which is a 3:2 ratio whereas the days done vs days left ratio is 6:1 hence this seems tough to do.

Hence the decision to wrap up the combine.

Cya!

Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to iqgod for this post:
 
(login for full post details)
  #347 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received

Passed the combine

Today is Day 20 and with tears in my eyes and gratitude in my heart (Special thanks, @Big Mike and @PandaWarrior, @josh and MANY MANY MORE) I announce that my account stands at $31,554.90.

Final trade of this combine netted $975.


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #348 (permalink)
Super Moderator
Sarasota FL
 
Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Trading: ES, YM
 
bobwest's Avatar
 
Posts: 5,657 since Jan 2013
Thanks: 44,248 given, 19,118 received


iqgod View Post
Today is Day 20 and with tears in my eyes and gratitude in my heart (Special thanks, @Big Mike and @PandaWarrior, @josh and MANY MANY MORE) I announce that my account stands at $31,554.90.

Final trade of this combine netted $975.

Congratulations!

Bob.

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to bobwest for this post:
 
(login for full post details)
  #349 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received


bobwest View Post
Congratulations!

Bob.

I can't believe I forgot to thank YOU, my patient follower despite the fact that I was sounding like a broken record forever.

You read and thanked every single post in this thread, you kept my spirits high - thank you Bob!

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to iqgod for this post:
 
(login for full post details)
  #350 (permalink)
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,692 since Feb 2012
Thanks: 3,475 given, 2,835 received

70-tick chart



Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to iqgod for this post:


futures io Trading Community Trading Journals > iqGod's Own Country


April 29, 2016


Upcoming Webinars and Events
 

Free BloodHound Licenses for 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