My Journal - Trading Equities - futures io
futures io



My Journal - Trading Equities


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one jitasb with 411 posts (116 thanks)
    2. looks_two deaddog with 6 posts (2 thanks)
    3. looks_3 JWill with 4 posts (0 thanks)
    4. looks_4 iq200 with 3 posts (0 thanks)
    1. trending_up 38,586 views
    2. thumb_up 118 thanks given
    3. group 27 followers
    1. forum 431 posts
    2. attach_file 433 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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)

 
Search this Thread
 

My Journal - Trading Equities

(login for full post details)
  #271 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received


JWill View Post
Hello.
I am looking at your trading and like your discipline (sometimes it is hard for me to have days with no trades).
But some questions (just interesting for me).
-Is it so necessary to trade news stocks only and the most volotile candles in first minutes? Why you don`t wait when stocks calm down?
-There are stocks with good technical charts. Why you don`t trade technical setups?
-And why you limit yourself with first 30-60 min only? There are often good setups later.
- Don`t you want to change your mehod (to trade after first 30 min market opens) and combine your tape reading and chart reading skills? I think with your discipline and patience it will be easy to select good setups and trade them.

As one of setup examples that I search and like to trade: consolidations with volume spikes (give clear stops) in first retracement above some level (often with relative strength/weakness). Today`s HLF was good as example.

Thanks for posting.

Technical setups trading : tried this for a couple of years : never got any consistency.
Hence trading news stocks: because they "should" move and the added tape reading gives some 'edge'.

I have found a lot of time that after the first 30mins the 'major' move has already happened and the rest is just sideways chop. Of course this isn't always the case, so you need some sort of filtering mechanism to determine which ones are going to trend for the day. I tend to leave it alone if I can't find a trade in first 30 mins or so.

So this is just my experience.

If you are having success ..stick with it.
There is more than one way to trade the market.

Thanks.

Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
looking for developer for pine scripts
Platforms and Indicators
Driving Crazy please help: MUltichart bar closing event …
MultiCharts
Talk is cheap - Trader motivation
Psychology and Money Management
PowerLanguage code for iceberg trading???
MultiCharts
Using fxd files in FXCM trading station
Platforms and Indicators
 
 
(login for full post details)
  #272 (permalink)
JWill
moskow/Russia
 
 
Posts: 5 since Oct 2015
Thanks: 1 given, 1 received

I had opposite experience with news stocks trading.
Thanks for reply.

Reply With Quote
 
(login for full post details)
  #273 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received


Watchlist: GIS, NKE

No Trades.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #274 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received

Watchlist: CAG, DRI, PAYX




Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to jitasb for this post:
 
(login for full post details)
  #275 (permalink)
 Gambit88 
Houston, TX
 
Experience: Intermediate
Platform: Sierra / Jigsaw
Broker: AMP / CQG
Trading: Stocks, Options, Futures
 
Posts: 41 since Dec 2015
Thanks: 34 given, 47 received

could you explain your process for narrowing down your list of stocks you are watching based on news... i trade a similar momentum style at the open except that i am scanning for movers, active stocks at the open and pre-market... it would be nice not to be rushing through charts and scans at the open.

One thing i like about your trading is that you buy during pullbacks. I usually wait for a high to be set during the first 5 minutes and i like to see sellers to come in. I then buy as a new high made... your entries are more risk advantaged than mine and i will look to see how i can incorporate this in the future.

Reply With Quote
 
(login for full post details)
  #276 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received


Gambit88 View Post
could you explain your process for narrowing down your list of stocks you are watching based on news... i trade a similar momentum style at the open except that i am scanning for movers, active stocks at the open and pre-market... it would be nice not to be rushing through charts and scans at the open.

One thing i like about your trading is that you buy during pullbacks. I usually wait for a high to be set during the first 5 minutes and i like to see sellers to come in. I then buy as a new high made... your entries are more risk advantaged than mine and i will look to see how i can incorporate this in the future.

Hello.

I don't do any scanning (premarket or after).
I have a list of stocks which have earnings (Briefing.com and/or Finviz).
I usually only consider those between $15 and $100.
Also 10day avg volume > 750k.
Also daily ATR over 75c >
Also I ignore large gappers (over 8%)

During the height of earnings season ; the stocks with news is huge. So as you say , there is a need for limiting what to watch. Typically I use the ones with best volume and also stocks which I have traded before and which gave decent smooth moves. Also I keep some stocks which are behaving opposite to the market.

Usually I try to aim for a watchlist of around 10 stocks.

Thanks

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #277 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received

Watchlist: GBX, MSM, WBA

No Trades.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #278 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received

Earnings season kicked off today.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #279 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received

Watchlist: INFY, PNC, USB, WFC

No Trades.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #280 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB, Kinetic
Trading: Stocks
 
Posts: 513 since Oct 2010
Thanks: 22 given, 226 received


Watchlist: CMA, KSU, NFLX, NVS, VMW, YHOO

No Trades.

Visit my futures io Trade Journal Started this thread Reply With Quote


futures io Trading Community Trading Journals > My Journal - Trading Equities


Last Updated on May 22, 2018


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

BloodHound Fundamentals 101 w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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