TS' Trading Journal (Since 2014/9/8) - futures io
futures io futures trading



TS' Trading Journal (Since 2014/9/8)


Discussion in Trading Journals

Updated by tshunhu
      Top Posters
    1. looks_one tshunhu with 237 posts (138 thanks)
    2. looks_two tturner86 with 8 posts (17 thanks)
    3. looks_3 ratfink with 4 posts (13 thanks)
    4. looks_4 Hanneke with 4 posts (4 thanks)
      Best Posters
    1. looks_one ratfink with 3.3 thanks per post
    2. looks_two bobwest with 2.5 thanks per post
    3. looks_3 tturner86 with 2.1 thanks per post
    4. looks_4 tshunhu with 0.6 thanks per post
    1. trending_up 19,215 views
    2. thumb_up 202 thanks given
    3. group 12 followers
    1. forum 274 replies
    2. attach_file 377 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
 

TS' Trading Journal (Since 2014/9/8)

  #251 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

US Stock 20170808


SPY

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote

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 edition w/SharkIndicators
52 thanks
June Charity Fundraiser - Feeding hungry families
50 thanks
Spoo-nalysis ES e-mini futures S&P 500
42 thanks
Fixed vs trailing stops
29 thanks
AMP Futures / AMP Global Review
27 thanks
 
  #252 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

US Stock 20170810


FB


SPY

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
  #253 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

US Stock 20170811



FB

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
  #254 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

some thoughts in 2017

I've been trading for about 3 years. The first year was happy, with some luck and passion, I got some profit from the market. The second year was about paying the price for previous happiness, big $ losses, emotional pain. The third year, till now, I'm just saying that I'm starting to learn.

I've read many books about technical analysis: some about indicators, some about price charts, and some about algorithm trading and etc, but they are not suitable for me. The journey of searching a holy grail is doomed to be fruitless, I seldom feel at ease when making a trading decision: worry about potential loss before taking a position, worry about paper profit vanish when holding a position, regret about missing the rest of movement after closing a trade. Making money or not, it is not a pleasant experience.

After all these struggles, I stopped looking for solution in technical analysis, I read more books in psychology, religion, and some about trading experience. I found the idea that really changed my mindset at the beginning of 2017.

the homology of profit and loss.

The original word is in chinese, I cannot find any better translation. Actually, the idea was not new, every trader successfull or not is familiar with it. I heard that loss is part of the game, for sure, but I'm really beginning to understand it after all these 3 years of profits and losses.

I put a stop order when entering a trade, I got this habbit after some painful experience at the beginning of my trading journey. I use a stop order to limit potential loss of my trade, but I never truely accept it, even I have been forced to accept the financial result of it. I noticed a subtle thought that occurs everytime when I'm about to put a stop order. I feel reluctant to click the buttom when putting to order, it is just a split of second that I feel that way, then my mind tells me what could happen without a stop order, so I click. When the price was moving towards my stop, I get nervous, I hated that. That's why I used to move my stop.

If I fully accept that loss is a part of the game, and the loss defined by my stop order is the price needed to pay for a potential profit, why would I feel what I feel about trading? If the worst senario has been defined at the beginning of the game then why would emotional pain exists in my mind.

I realized that I haven't never really accepted a loss in my mind. That's why I used to take revengeous trade right after a losing trade. That's why I double my position after a losing trade. It sounds like a capricious kid, spoiled by parents, seems to accept the rule of game at first. If he wins, ok, a happy day, if he loses he throws away all his toys, shouts at other kids, accuses other of cheating. Yes, definately, that's the little boy who was trading my account.

I can't help to laugh at myself now...I trade live acount now, but really small position. The goal is not about making profit, but to change my bad habbits and remove bad emotional energy from those behavior pattern, put positive energy into good ones. In general, make the little boy grow up.

That all, hope it helps.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 5 users say Thank You to tshunhu for this post:
 
  #255 (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


tshunhu View Post
the homology of profit and loss.

Great post, thanks.

Travel Well
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to ratfink for this post:
 
  #256 (permalink)
IJsselstein-Utrecht - The Netherlands
 
 
Posts: 122 since Feb 2017
Thanks: 88 given, 419 received

@tshunhu It is so recognizable. Yesterday I posted in my journal log my periodic review with a list of my LossTrap behaviour.
I am really convinced by be aware of your bad trade behaviour, you will be able to make other behaviour descision at the end.
You will, like me, keep repeating bad habits for a while. That is ok. Never make yourself bad.
Keep identify them and after a while we will be able to make other good trading choises unconsiously



Sent from my iPhone using futures.io

Reply With Quote
The following 2 users say Thank You to Hanneke for this post:
 
  #257 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

US Stock 20170816


FB

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
  #258 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received


Hanneke View Post
@tshunhu It is so recognizable. Yesterday I posted in my journal log my periodic review with a list of my LossTrap behaviour.
I am really convinced by be aware of your bad trade behaviour, you will be able to make other behaviour descision at the end.
You will, like me, keep repeating bad habits for a while. That is ok. Never make yourself bad.
Keep identify them and after a while we will be able to make other good trading choises unconsiously



Sent from my iPhone using futures.io

Thank you @Hanneke! I've subscribed your journal, great stuff, I really like the emoji for what you did well and not in your analysis.

BTW, I noticed that you place the drawing tool vertically on the chart in Ninjatrader, how? I've searched all the options in Ninja, but nothing useful? Thank you!

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
  #259 (permalink)
IJsselstein-Utrecht - The Netherlands
 
 
Posts: 122 since Feb 2017
Thanks: 88 given, 419 received

Hi @tshunhu,

This is the indicator that I use for it: http://ninza.co/product/quick-drawing


Sent from my iPhone using futures.io

Reply With Quote
The following user says Thank You to Hanneke for this post:
 
  #260 (permalink)
Wuhan, Hubei, China
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Broker
Trading: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

US Stock 20170817



SPY

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote



futures io Trading Community Trading Journals > TS' Trading Journal (Since 2014/9/8)




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