Hey guys, I've coded myself a strategy that has performed well and i would like to start a trading journal to see if the results continue. I need a place i can access from any computer so this seems perfect. I will only trade the NQ, ES futures.
Well it has not been a great start to 2015! My current drawdown is $5,777.50 but i will be adding onto that trade today, i will be buying 1 more ES contract, and 1 more NQ contract, i would also like to start buying TF contracts and today looks like a good entry for that, so my open positions are as follows:
1 ES Long @ 1,992.75
1 ES Long @ 2,053.50 = -$3,037.50 (still open)
1 NQ Long @ 4,098.50
1 NQ Long @ 4,235.50 = -$2,740.00 (still open)
1 TF Long @ 1,156.50
Why have you chosen those products and why trade with that correlation?
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.
Hey mike its all based off of the back testing i have done within tradestation and multicharts portfolio manager. During that testing i found out the the strategy i like to use works best on large indexes. The best performer is SPY but when i add in IWM and QQQ the equity curve gets flatter (attached is an example of the equity curve trading all 3 for the past 10 years). The other reason i use those 3 is simply because they have future contracts with high volume.