COMMON SENSE - futures io
futures io futures trading



COMMON SENSE


Discussion in Trading Journals

Updated by mfbreakout
      Top Posters
    1. looks_one mfbreakout with 980 posts (2,731 thanks)
    2. looks_two sandptrader with 64 posts (128 thanks)
    3. looks_3 alejo with 36 posts (38 thanks)
    4. looks_4 madLyfe with 24 posts (25 thanks)
      Best Posters
    1. looks_one Surly with 3.4 thanks per post
    2. looks_two mfbreakout with 2.8 thanks per post
    3. looks_3 jthom with 2.6 thanks per post
    4. looks_4 sandptrader with 2.0 thanks per post
    1. trending_up 102,918 views
    2. thumb_up 3,302 thanks given
    3. group 63 followers
    1. forum 1,262 replies
    2. attach_file 811 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)

Closed Thread
 
Thread Tools Search this Thread
 

COMMON SENSE

  #981 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,273 received

Trading

Where will Crude gets flushed down to? Looks like 75.84 is low for euro session.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-04_0515_Remember.png
Views:	44
Size:	139.5 KB
ID:	164509  
Visit my futures io Trade Journal
The following 4 users say Thank You to mfbreakout 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
Spoo-nalysis ES e-mini futures S&P 500
72 thanks
June Charity Fundraiser - Feeding hungry families
48 thanks
Fixed vs trailing stops
31 thanks
FIO Journal Challenge - June 2020 edition w/SharkIndicators
30 thanks
AMP Futures / AMP Global Review
26 thanks
 
  #982 (permalink)
Dhaka, Bangladesh
 
 
Posts: 7 since Nov 2014

Re COMMON SENSE Reply to Thread


mfbreakout View Post
Basically traders who try to pick bottoms based off double bottoms etc. got busted.

LoL this pic also help to get busted.

I am new trader & join here to learn and share my view. just see your post interesting. How is going on your trading?

 
  #983 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,273 received

Trading


Trade #1. Got stopped out 76.50 area and long on Flush down. Out 76.98 area. Gave 10 minutes to see if 77.50 area gets tested but no go. Nothing magical about 77.50, i am just using low of 75.84 and adding some ticks to it to expand the range. Higher bounce makes it easier to short. CL back to 130 ticks rotation range



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-04_0532_flush_down.png
Views:	35
Size:	138.1 KB
ID:	164510  

Last edited by mfbreakout; November 4th, 2014 at 07:14 AM.
Visit my futures io Trade Journal
The following 3 users say Thank You to mfbreakout for this post:
 
  #984 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,273 received

Trading

ATR set up says that short may have a chance. Trade #2.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-04_0718__short.png
Views:	34
Size:	144.6 KB
ID:	164511  

Last edited by mfbreakout; November 4th, 2014 at 09:44 AM.
Visit my futures io Trade Journal
The following 3 users say Thank You to mfbreakout for this post:
 
  #985 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,273 received

Trading

I was talking with someone who asked me how can he transfer his results from SIM trading into LIVE trading? he told me he is quite relaxed during SIM trading. The reason he is relaxed because he is using

1) Wide stop loss to stay from noise.
2) he does not mind position going against him as long he is trading with the trend.

I asked why he can not do the same during LIVE trading? His answer " He can not afford wide stop loss". I told him to either quit trading or practice in SIM ONLY what he can replicate during LIVE trading. there is no point oing one thing in SIM and something else during LIVE trading. The problem is he is not relaxed even in SIM mode with Mikey Mouse trades. I think he is close to getting it.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.

Last edited by mfbreakout; November 4th, 2014 at 08:02 AM.
Visit my futures io Trade Journal
The following 7 users say Thank You to mfbreakout for this post:
 
  #986 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,273 received

Trading

NG short not looking good. One can not be just focused on one trade. Waiting for a flush up to add to short. So called pain has a tendency to clear my mind more than gains.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-04_0745_NG_short.png
Views:	25
Size:	143.1 KB
ID:	164513  

Last edited by mfbreakout; November 4th, 2014 at 07:59 AM.
Visit my futures io Trade Journal
 
  #987 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,879 given, 471 received

6A

Thought this may be Relevant to where we are with 6A...Looks set up for another SHORT.

Attached Thumbnails
Click image for larger version

Name:	6A 12-14-11-4-14.png
Views:	23
Size:	35.6 KB
ID:	164515  
The following user says Thank You to sandptrader for this post:
 
  #988 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,273 received

Trading


mfbreakout View Post
Holding shorts into Globex session.

1) TF short 1168 area.

2) CL short 79.95 area. Will add to short into bounces.

3) NG short 3.30 area

4) Aussie $ from .8713 area.

5) OJ (Orange juice) from 134.50 area.

6) Short PL from 1259 area since last week.

Was short in GC from 1129 area but no go. Basically Scratch.


#1, #2, #4 ( added to short) , #5 neither here or there and #6 working. If a trader has aspirations to trade/manage a portfolio of positions, one can not MESS around.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-04_0629_PL_short.png
Views:	31
Size:	164.6 KB
ID:	164516  

Last edited by mfbreakout; November 4th, 2014 at 08:21 AM.
Visit my futures io Trade Journal
The following 3 users say Thank You to mfbreakout for this post:
 
  #989 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,879 given, 471 received

OJ

I Believe #5 is Ready to Drop out....the Only Factor to be aware of is if we get a Cold snap down here in Florida.
That will cause a Scare and OJ could Rally to the upside on Freeze concerns.
But Technically on the Daily if we Break below 132.50 level...it should head toward 115.
I just keep the Freeze Concern in mind.,,,,you Never know about this time of the year on that Concern.

Attached Thumbnails
Click image for larger version

Name:	OJ-11-4-14DATE.png
Views:	24
Size:	48.1 KB
ID:	164518  
The following 2 users say Thank You to sandptrader for this post:
 
  #990 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,879 given, 471 received

CL


Reference Points ...i am going to say ORL 76.87...ORH at 77.67 ..which is London High....watching.

Attached Thumbnails
Click image for larger version

Name:	CL 12-14 (8 BetterRenko)  11_4_2014C.jpg
Views:	23
Size:	132.8 KB
ID:	164527   Click image for larger version

Name:	CL 12-14for11-4-14Tuesday.jpg
Views:	15
Size:	173.1 KB
ID:	164563  

Last edited by sandptrader; November 4th, 2014 at 11:22 AM.
The following 2 users say Thank You to sandptrader for this post:

Closed Thread


futures io Trading Community Trading Journals > COMMON SENSE




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