Ruth's Trading Journal - Trading Journals | futures io social day trading
futures io futures trading


Ruth's Trading Journal
Updated: Views / Replies:4,135 / 44
Created: by Ruth Attachments:7

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 Ė 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 donít 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
 7  
 
Thread Tools Search this Thread
 

Ruth's Trading Journal

  #31 (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: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received


bobwest View Post
Images a little too small to read. It would be better if you made a different image for each screen shot....



Bob.

You can click the image, then the icon for full screen. It's not perfect but it's plenty big enough at that point.

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 3 users say Thank You to Big Mike for this post:
 
  #32 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,641 since Jan 2013
Thanks: 26,776 given, 11,133 received
Forum Reputation: Legendary


Big Mike View Post
You can click the image, then the icon for full screen. It's not perfect but it's plenty big enough at that point.

Mike

Thanks. Didn't know that.

Bob.

Reply With Quote
The following 2 users say Thank You to bobwest for this post:
 
  #33 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,641 since Jan 2013
Thanks: 26,776 given, 11,133 received
Forum Reputation: Legendary



Ruth View Post
Hi
I send you my results (1--> 15 October)
If you have some comments they are welcome to help me to progress.
I had bad days. Difficult to make good trades because chopy markets.

Thanks

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

Here's the little I could say, based on your overall stats for the period:

- You have an overall profit, which is good. It's easy to notice the difficult parts, but overall you are still ahead, so you are doing well in the long run.

- You have a higher percentage of winning trades: 56.25

- Your average losing trade is greater than your average winning trade (losing: -160.90 vs. winning: +134.33; avg win/loss: .83.)

So a first quick reading of the numbers suggests, to me, that, while you can make enough positive trades to swing your total profit to the positive side, you may need to control the size of the losing trades.

This is a very surface-level summary, and without being able to look at the individual trades, which you can do, it may not actually be right -- that is, perhaps the larger negatives just reflect a few days. But if this summary is mostly right, it suggests to me that you might want to have some sort of more effective loss control.

"Loss control" is a broad idea. Some things that help might include (and you probably are doing many of them, of course):

- Clear stop policy, and never moving the stops to avoid having them hit. The right stop may be hard to decide on, but being consistent with them will cut the big losing trades.
- Having an overall maximum loss amount for the day; some amount that, if hit, means that you simply stop trading. Sort of like a stop-loss for the day instead of just a trade.
- Having some policy to limit the number of losses in a row that you are willing to take before stopping. The idea would be that some days are just not going to be suited to your trading method, and you don't want to keep at it when that is the case. Also, sometimes a person's mental state gets a little off-balance, and they try to "make it back" or take other higher-risk actions after a loss. This kind of rule will limit that. Perhaps you stop for the day, perhaps you just take a break to get your mental balance back; but having such a rule may help if you have strings of losses.

All of these will let your strong points, which are giving you the profits, still come through, and may have the effect of cutting down the size of losses.

I hope some of this makes sense and that it would help you. Again, you are obviously trading well overall, but perhaps attention to simply reducing larger losses with some simple rules would help.

Bob.

Reply With Quote
The following 3 users say Thank You to bobwest for this post:
 
  #34 (permalink)
Elite Member
Brussels
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP (demo)
Favorite Futures: Oil - Gold
 
Ruth's Avatar
 
Posts: 25 since Sep 2014
Thanks: 71 given, 105 received

Thanks


bobwest View Post
Here's the little I could say, based on your overall stats for the period:

- You have an overall profit, which is good. It's easy to notice the difficult parts, but overall you are still ahead, so you are doing well in the long run.

- You have a higher percentage of winning trades: 56.25

- Your average losing trade is greater than your average winning trade (losing: -160.90 vs. winning: +134.33; avg win/loss: .83.)

So a first quick reading of the numbers suggests, to me, that, while you can make enough positive trades to swing your total profit to the positive side, you may need to control the size of the losing trades.

This is a very surface-level summary, and without being able to look at the individual trades, which you can do, it may not actually be right -- that is, perhaps the larger negatives just reflect a few days. But if this summary is mostly right, it suggests to me that you might want to have some sort of more effective loss control.

"Loss control" is a broad idea. Some things that help might include (and you probably are doing many of them, of course):

- Clear stop policy, and never moving the stops to avoid having them hit. The right stop may be hard to decide on, but being consistent with them will cut the big losing trades.
- Having an overall maximum loss amount for the day; some amount that, if hit, means that you simply stop trading. Sort of like a stop-loss for the day instead of just a trade.
- Having some policy to limit the number of losses in a row that you are willing to take before stopping. The idea would be that some days are just not going to be suited to your trading method, and you don't want to keep at it when that is the case. Also, sometimes a person's mental state gets a little off-balance, and they try to "make it back" or take other higher-risk actions after a loss. This kind of rule will limit that. Perhaps you stop for the day, perhaps you just take a break to get your mental balance back; but having such a rule may help if you have strings of losses.

All of these will let your strong points, which are giving you the profits, still come through, and may have the effect of cutting down the size of losses.

I hope some of this makes sense and that it would help you. Again, you are obviously trading well overall, but perhaps attention to simply reducing larger losses with some simple rules would help.

Bob.

Hi Bob

Thanks a lot for your analyse. You are right...

If i change, sometimes, the stop, it's because i try to calculate where can be stopped the move back. But when i realise that the trend changed... it's too late and the lost is too important for my rules and the limits i decided for my money management . You are right the best is to make a pause or finish the day and accept the situation. I don't want to lose and want to be good in this job (it's probably stupid) . Today i worked differently. I will publish it tomorrow, i have to go now. I will analyse again what you wrote and work for a better strategy .

It's really nice from you to sent this feed back.
Thanks again
BR
Ruth

Fran Ruth Nols-Leplae
Reply With Quote
The following 3 users say Thank You to Ruth for this post:
 
  #35 (permalink)
Elite Member
Brussels
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP (demo)
Favorite Futures: Oil - Gold
 
Ruth's Avatar
 
Posts: 25 since Sep 2014
Thanks: 71 given, 105 received

Overview of the month

Hi

I send you my work of the month. I'm happy with the result... but, i read a lot on the forum, and about comments and ... i understand how long is still the way to become an advanced trader. I'm only on the first step but i like this job and really discovered a new world and an exciting activity.

I will continue to participate to the forum and post my different evolutions and hope to receive feedback and comments.

If i'm not a winner of the contest, i will sim trade one more month

I'm looking forward to start to trade with real money....

Thanks to you all.

Ruth




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

Fran Ruth Nols-Leplae
Reply With Quote
The following 6 users say Thank You to Ruth for this post:
 
  #36 (permalink)
Elite Member
Omer עומר / Israel י
 
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,506 since Sep 2013
Thanks: 1,708 given, 3,720 received
Forum Reputation: Legendary

would love to..

Hello Fran,

would love to see you sweat
and work on a combine from Top Step Trader

unfortunately my schedule for next weeks/month doesn't allow that
but i prepared you as good as possible

you are close to fly on your own wings now...

many traders would love to have a wife with trading ambitions and motivation like you have expressed
it has been a good subject on conversation
we don't agree always
but for sure we have been able to challenge each other
and help each other to grow


your husband





Ruth View Post
Hi

I send you my work of the month. I'm happy with the result... but, i read a lot on the forum, and about comments and ... i understand how long is still the way to become an advanced trader. I'm only on the first step but i like this job and really discovered a new world and an exciting activity.

I will continue to participate to the forum and post my different evolutions and hope to receive feedback and comments.

If i'm not a winner of the contest, i will sim trade one more month

I'm looking forward to start to trade with real money....

Thanks to you all.

Ruth




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


Reply With Quote
The following 5 users say Thank You to rleplae for this post:
 
  #37 (permalink)
Elite Member
Brussels
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP (demo)
Favorite Futures: Oil - Gold
 
Ruth's Avatar
 
Posts: 25 since Sep 2014
Thanks: 71 given, 105 received

Thanks


rleplae View Post
Hello Fran,

would love to see you sweat
and work on a combine from Top Step Trader

unfortunately my schedule for next weeks/month doesn't allow that
but i prepared you as good as possible

you are close to fly on your own wings now...

many traders would love to have a wife with trading ambitions and motivation like you have expressed
it has been a good subject on conversation
we don't agree always
but for sure we have been able to challenge each other
and help each other to grow


your husband

Dear Husband,

Thanks for your help, your patience and to trust me :-)

:-)

Fran Ruth Nols-Leplae
Reply With Quote
The following 3 users say Thank You to Ruth for this post:
 
  #38 (permalink)
Elite Member
Omer עומר / Israel י
 
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,506 since Sep 2013
Thanks: 1,708 given, 3,720 received
Forum Reputation: Legendary


Ruth View Post
Dear Husband,

Thanks for your help, your patience and to trust me :-)

:-)

I wish i had more time to mentor you
scrambling for the next weeks
and i still have to produce a futures.io (formerly BMT) webinar for 4th december

slowly realizing that maybe money is not the most precious resource
but maybe it is time
because if you 'smartly' allocate time, money follows...

that quote is "R Leplae..."

When wisely allocated
time is a more precious resource
than money
money is just a consequence....

(please challenge...)

Reply With Quote
The following 4 users say Thank You to rleplae for this post:
 
  #39 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,641 since Jan 2013
Thanks: 26,776 given, 11,133 received
Forum Reputation: Legendary


rleplae View Post
When wisely allocated
time is a more precious resource
than money
money is just a consequence....

(please challenge...)

Can't challenge that, it's just true.

Nice to have you both here....

Bob.

Reply With Quote
The following 4 users say Thank You to bobwest for this post:
 
  #40 (permalink)
Elite Member
Brussels
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP (demo)
Favorite Futures: Oil - Gold
 
Ruth's Avatar
 
Posts: 25 since Sep 2014
Thanks: 71 given, 105 received

My last SIM post...


This afternoon I started trading cash... I'm happy
This post is my last post with my SIM account for period 1/11/2014-12/11/2014

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

Fran Ruth Nols-Leplae
Reply With Quote
The following user says Thank You to Ruth for this post:

Reply



futures io > > > Ruth's Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading in a glass box - a Discretionary Trading Journal treydog999 Elite Trading Journals 311 January 28th, 2015 02:03 AM
UBC Trading Journal - A day trading journey UmBillyCord Trading Journals 12 October 6th, 2014 06:43 AM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 04:48 PM
Trading Trendlines Across Markets: Futures Trading Journal sahbmt Elite Trading Journals 135 June 26th, 2013 03:59 PM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 12:56 PM.

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 2017-12-18 in 0.17 seconds with 20 queries on phoenix via your IP 54.196.201.241