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Helipilots trading journal


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Helipilots trading journal

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  #1 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
Thanks: 0 given, 2 received

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.

Here are my current trades:

NQ: 1 Contract @ $4,235.50
ES: 1 Contract @ $2,053.50


Account Balance: $50,000

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  #3 (permalink)
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-50
Trading: GBU-39
 
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Cash or sim?

Keep your hand on the collective!

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  #4 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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I'm trading the NQ with a real account and the ES trades for now are just simulated trades but hopefully not for long! lets hope for a good 2015

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  #5 (permalink)
 fredifrosch 
Düdingen, Switzerland
 
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Helipilot View Post
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.

Here are my current trades:

NQ: 1 Contract @ $4,235.50
ES: 1 Contract @ $2,053.50


Account Balance: $50,000

long or short?

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  #6 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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I guess it would help if I mentioned that, both trades are long, with my strategy you are long 90% of the time.

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  #7 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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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

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  #8 (permalink)
 Big Mike 
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Helipilot View Post
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?

Mike

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  #9 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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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.

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  #10 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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Little bit of a better day today! all my positions are still open, if we can get 1 or 2 more days like today we will be exiting the first trade of 2015.


Current open trades:

1 ES Long @ 1,992.75 = +$1,450.00
1 ES Long @ 2,053.50 = -$1,587.50
1 NQ Long @ 4,098.50 =+$1,462.50
1 NQ Long @ 4,235.50 = -$1,962.50
1 TF Long @ 1,156.50 = +$1,580

Total: +$942.50

Lets hope for a big day tomorrow!

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  #11 (permalink)
Martzee
Vail, CO USA
 
 
Posts: 12 since Jan 2015
Thanks: 6 given, 9 received


Helipilot View Post
Little bit of a better day today! all my positions are still open, if we can get 1 or 2 more days like today we will be exiting the first trade of 2015.


Current open trades:

1 ES Long @ 1,992.75 = +$1,450.00
1 ES Long @ 2,053.50 = -$1,587.50
1 NQ Long @ 4,098.50 =+$1,462.50
1 NQ Long @ 4,235.50 = -$1,962.50
1 TF Long @ 1,156.50 = +$1,580

Total: +$942.50

Lets hope for a big day tomorrow!


Good luck on that. Looks promising

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  #12 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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It was a very nice day today and i did have 2 exits, for really no gain but i seem to have entered at the perfect time for the remaining 3 trades that are still open.

Exit the following trades:
1 ES Long @ 2,053.50; Exit @ 2,055.25 = +$35 - $27.50(fees and commission) = +$7.50
1 NQ Long @ 4,235.50; Exit @ 4,232.50 = -$60 - $12.50(fees and commission) = -$72.50

Trades still open:
1 ES Long @ 1,992.75 = +$3,125
1 NQ Long @ 4,098.50 = +$2,680
1 TF Long @ 1,156.50 = +$3,480

Account Balance: $59,220

I'm very tempted to exit all trades today due to the nice run it has had but i do believe once you have a strategy that works you have to stick to the rules, i can see how that can be very difficult at times.

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  #13 (permalink)
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-50
Trading: GBU-39
 
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Posts: 6,172 since Sep 2013
Thanks: 10,456 given, 12,608 received


Helipilot View Post
It was a very nice day today and i did have 2 exits, for really no gain but i seem to have entered at the perfect time for the remaining 3 trades that are still open.

Exit the following trades:
1 ES Long @ 2,053.50; Exit @ 2,055.25 = +$35 - $27.50(fees and commission) = +$7.50
1 NQ Long @ 4,235.50; Exit @ 4,232.50 = -$60 - $12.50(fees and commission) = -$72.50

Trades still open:
1 ES Long @ 1,992.75 = +$3,125
1 NQ Long @ 4,098.50 = +$2,680
1 TF Long @ 1,156.50 = +$3,480

Account Balance: $59,220

I'm very tempted to exit all trades today due to the nice run it has had but i do believe once you have a strategy that works you have to stick to the rules, i can see how that can be very difficult at times.

How are you calculating this? If you have two cars on the same account purchased at different prices they will average out into an avg or hybrid entry price. So your blended entry on the NQ would have been 4167 (or 4235.5 + 4098.50 / 2). And exiting one contract at 4235.50 would have been +$1310 in profit or so.

EDIT: Also are you trading this paper or in a SIM?

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  #14 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
Thanks: 0 given, 2 received


tturner86 View Post
How are you calculating this? If you have two cars on the same account purchased at different prices they will average out into an avg or hybrid entry price. So your blended entry on the NQ would have been 4167 (or 4235.5 + 4098.50 / 2). And exiting one contract at 4235.50 would have been +$1310 in profit or so.

EDIT: Also are you trading this paper or in a SIM?

The only trades I'm taking for real are the NQ trades everything else is just paper trading, and you're right if i bought two contracts at two prices tradestation would average out the price, but i'm trading two separate strategies into one and i would like to keep the price of one strategy separate of the other, it will give me a better idea of individual performance instead of both of them in one.

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  #15 (permalink)
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-50
Trading: GBU-39
 
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Posts: 6,172 since Sep 2013
Thanks: 10,456 given, 12,608 received


Helipilot View Post
The only trades I'm taking for real are the NQ trades everything else is just paper trading, and you're right if i bought two contracts at two prices tradestation would average out the price, but i'm trading two separate strategies into one and i would like to keep the price of one strategy separate of the other, it will give me a better idea of individual performance instead of both of them in one.

I'm not trying to be rude or anything, just trying to understand.

So the $50K account balance, is that cash or sim? If it is cash then why mix in the p/l from your ES sim trades?

If I was trading multiple strategies I would trade them under different accounts. That way the p/l of that account is directly tied to one strategy.

EDIT: I would not paper trade either, I would setup some demo accounts and use that to test the strategies. At least that way you get closer to the effects of slippage and missed fills. When you paper trade you can say you were entered at a price where you might not of actually gotten filled if you placed a live or sim order them. Sim will not equal live, but it is far closer then paper.

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  #16 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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tturner86 View Post
I'm not trying to be rude or anything, just trying to understand.

So the $50K account balance, is that cash or sim? If it is cash then why mix in the p/l from your ES sim trades?

If I was trading multiple strategies I would trade them under different accounts. That way the p/l of that account is directly tied to one strategy.

EDIT: I would not paper trade either, I would setup some demo accounts and use that to test the strategies. At least that way you get closer to the effects of slippage and missed fills. When you paper trade you can say you were entered at a price where you might not of actually gotten filled if you placed a live or sim order them. Sim will not equal live, but it is far closer then paper.


The 50K is paper money and my live trading account is around 15K so i can only really afford to trade up to 2 NQ contracts for now but i keep that separate from what I'm posting here, so really I'm just curious how i would perform if i could trade everything i wanted. When it comes to trading the two separate strategies, they work best when traded together but i am still interested to see during the trades they take together which one for that time was the better performer. All my trades are done with market orders so i don't think the fill will be an issue at least it hasn't been so far trading the NQ my average slippage is anywhere from 0-2 ticks. Maybe your right, maybe i should be doing this on a sim and not a trading journal since i'm not really discussing how i am taking the trades, do you know of a good sim trader i could use that's not tradestation and is free?

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  #17 (permalink)
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-50
Trading: GBU-39
 
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Posts: 6,172 since Sep 2013
Thanks: 10,456 given, 12,608 received

I am still confused because if the NQ trades are live, then why are you mixing sim and live profit / loss into the sim $50k balance (above where you stated that it is now $59k)?

If the ES trades are sim and the NQ are live and you are trying to 'hedge' or something of that nature, taking trades in sim is meaningless to your live trades. Odds are you will lose real money in your live account and make bank in sim. SO it doesn't matter if the strategies balance each other out if they are not being traded live together.

I would stop trading live, until you have the cash and ability to trade the strategy the way you need to.

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  #18 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
Thanks: 0 given, 2 received


tturner86 View Post
I am still confused because if the NQ trades are live, then why are you mixing sim and live profit / loss into the sim $50k balance (above where you stated that it is now $59k)?

If the ES trades are sim and the NQ are live and you are trying to 'hedge' or something of that nature, taking trades in sim is meaningless to your live trades. Odds are you will lose real money in your live account and make bank in sim. SO it doesn't matter if the strategies balance each other out if they are not being traded live together.

I would stop trading live, until you have the cash and ability to trade the strategy the way you need to.

it doesn't matter anymore because im going to be switching over to do this on a sim account but ill try to explain what i was trying to accomplish... i have 2 trading strategies, they both work great on their own but together the equity curve gets a bit smoother, so you can trade one or trade both you will still get good results. I'm not mixing live and sim all i was doing on here was sim. I'm not trying to hedge anything the strategy works on all indexes but the more indexes i trade the more i'm in the market SO if i only trade NQ i'm in the market 40% of the time, if i trade NQ and ES i'm in the market 60%, if i trade NQ, ES, and TF im in the market 70% of the time. Its based on technical analysis and its all been backtested on tradestation and multicharts. The only reason i brought up the live account was to let you guys know i was actually trading this and its not all paper money.

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  #19 (permalink)
Helipilot
indianapolis
 
 
Posts: 11 since Dec 2014
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I just read back on some of my earlier replies and i can see what i was saying was very confusing, just take all my comments from before and take out the fact theres a live account, imagine i never said anything about it.

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