ES Scalping System - 1 Point at a Time - Trading Journals | futures io social day trading
futures io futures trading


ES Scalping System - 1 Point at a Time
Updated: Views / Replies:11,481 / 74
Created: by Traderwolf Attachments:26

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

Closed Thread
 26  
 
Thread Tools Search this Thread
 

ES Scalping System - 1 Point at a Time

  #71 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,372 received


Traderwolf View Post
So today I traded same method on NQ. Did not post a chart today because this thread started about ES...

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

@Traderwolf

Or you could create your own thread so you could post both NQ and ES trades there.

But I for one we enjoy seeing your application to the NQ as well.

The following 6 users say Thank You to steve2222 for this post:
 
  #72 (permalink)
Elite Member
Raleigh,NC
 
Futures Experience: None
Platform: Versatile and Stable
Broker/Data: Reliable and Accurate
Favorite Futures: Money
 
Traderwolf's Avatar
 
Posts: 250 since Feb 2012
Thanks: 154 given, 1,025 received

A Great Post

Thanks to @tradermark2009 for this post which he did some time ago. I have struggled with accepting losses are a part of trading and have subconsciously been trying for years to develop that perfect system that had no losses. At least I am aware at this point this is one of my tendencies and try to catch myself. I thought this post was important enough for me to post in my own journal.. Thanks again @tradermark2009 .

https://futures.io/vendors-product-reviews/4964-school-trade-legitimate-www-schooloftrade-com-13.html#post302670
Wolf


tradermark2009 View Post
Here are my daily rules that I read each day prior to trading:

My philosophy of Trading:

1. Trading is a probability business.
2. You can win or you can lose when trading. Learn to accept losing…this is hard to learn at first. Our culture says we must win at all costs. Trading is 180 of what we have been taught in life.
3. Know the trading probability of your system.
4. Do not use real money, until you can duplicate your trading method and results in Sim mode, as you would trading real money. The pressure in RT separates from this fact.
5. Even under all your systems best risk reward setup you will still have losing trades.
6. Learn to love those losing trades just as much as you win….just keep the losers short and follow your rules.
7. Let your winners run, and keep your losers tight-Not the other way around.
It is your job to minimize your losses and maximize your winners-No One Else is responsible for you but YOU.
8. Do not take every trade you see…Know the best time for your trading method.
9. You must follow your specific rule set for each trade that will help you to be on the winning side of trades most of the time.
10. You are the Holy Grail….not a system, or someone else.
11. Become a Master of- Volume Analysis, S & R, Price action and the specific markets you trade.

Hope this helps...trade relaxed.... above all be happy. Mark


The following 5 users say Thank You to Traderwolf for this post:
 
  #73 (permalink)
Elite Member
Raleigh,NC
 
Futures Experience: None
Platform: Versatile and Stable
Broker/Data: Reliable and Accurate
Favorite Futures: Money
 
Traderwolf's Avatar
 
Posts: 250 since Feb 2012
Thanks: 154 given, 1,025 received

NQ Today


NQ Again today.. Not comfortable trading it yet.. Jumps around a lot and created some anxiety not felt with ES... Small stops harder to come by in higher volatility. Of course , after I was finished , volatility dropped off as expected..


Counting commissions, was a scratch day on a big up day.

Back to ES tomorrow...........


Wolf


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


Last edited by Traderwolf; October 21st, 2014 at 09:02 PM.
The following 5 users say Thank You to Traderwolf for this post:
 
  #74 (permalink)
Elite Member
Raleigh,NC
 
Futures Experience: None
Platform: Versatile and Stable
Broker/Data: Reliable and Accurate
Favorite Futures: Money
 
Traderwolf's Avatar
 
Posts: 250 since Feb 2012
Thanks: 154 given, 1,025 received

Today

Back with ES.... Satisfied with patience in trading range... got itchy on one trade and closed early.. Done for the day.

6 Trades

4 W
2 BE

Wolf


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

The following 9 users say Thank You to Traderwolf for this post:
 
  #75 (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: 29,354 given, 83,236 received

Moderator Note


Thread Starter requested his journal be closed.




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.


Closed Thread



futures io > > > ES Scalping System - 1 Point at a Time

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
Sniper Scalping System on www.advancedtradingworkshop.com futurestrader1 Trading Reviews and Vendors 28 August 15th, 2017 08:36 PM
Day Trading the ES PATS style- 1 point at a time welly192 Elite Trading Journals 1505 April 12th, 2015 03:17 PM
On the ES, is a 3-4 point profit objective still considered scalping? SpencerEng Emini Index Futures Trading 8 May 8th, 2014 03:45 PM
Need Some Advice about Scalping ES chemfan76 Emini Index Futures Trading 13 April 16th, 2014 09:28 PM
Interesting video scalping ES... Jugador Traders Hideout 45 May 13th, 2010 09:38 AM


All times are GMT -4. The time now is 01:00 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 2017-12-16 in 0.10 seconds with 20 queries on phoenix via your IP 54.91.38.173