GOtraders's Topsteptrader Combine Journal - futures io
futures io futures trading

GOtraders's Topsteptrader Combine Journal

Discussion in Trading Journals

    1. trending_up 649 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 3 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

GOtraders's Topsteptrader Combine Journal

(login for full post details)
  #1 (permalink)
Kansas City, MO United States
Experience: Intermediate
Platform: TOS, Sierra chart
Trading: Options, Futures
Posts: 2 since Jun 2014
Thanks: 0 given, 1 received

I am starting this journal to record my preparation and document my Topsteptrader combine. My goal is to eventually become a full time trader. I have enjoyed lurking in the Big Mike community and look forward to participating more actively going forward.

I have traded off and on over the last several years, options and futures mostly. My demo-ing over the last several months has been tracking well and I am ready to see if I have turned the corner.

I am going to focus on trading corn futures. I am very familiar with the physical grain space professionally. I don't expect knowledge of grain fundamentals to help me much with my day trading timeframe; however, it is an instrument that I have a level of comfort with and keep an eye on in my day job anyway. I will lean heavily on market profile to get in and out of what should be 1-2 trades per day. More to come on my process and progress.

Reply With Quote
The following user says Thank You to GOtrader for this post:

Can you help answer these questions
from other members on futures io?
Kube777 Market Orders
Platforms and Indicators
Polygonio developers and reviews
Trading Reviews and Vendors
NT8 connectivity to XFinity / Comcast
Getting started with OF-Footprint
Traders Hideout
Moores Research vs spread software SeasonAlgo
Trading Reviews and Vendors
Best Threads (Most Thanked)
in the last 7 days on futures io
How did you learn to trade?
135 thanks
2020 profit and loss results
68 thanks
NinjaTrader buys TransAct Futures (Infinity Brokers), plans its own FCM
61 thanks
Big Mike in Ecuador
58 thanks
Help improve the FIO community
44 thanks
(login for full post details)
  #3 (permalink)
Kansas City, MO United States
Experience: Intermediate
Platform: TOS, Sierra chart
Trading: Options, Futures
Posts: 2 since Jun 2014
Thanks: 0 given, 1 received

Net PNL: +$4.68

Trade 1: -$123.54 (-0.75 pts)

After price opened out of balance and retraced up to yesterday's POC where it traded light volume, I went short 3 contracts. I viewed this as a low risk entry as I could place a tight stop at the 385 level single prints. If price made it through the overnight low I saw 380 as a likely destination. My trade was broken when price could not break the overnight low. Volume dried up at this level retraced back into yesterday's range. I exited prior to my stop getting taken out as I could see the probabilities were against my position. I should have recognized the trade was broken much sooner and could have possibly broken even or made a small profit. I need to trust what I am seeing. Staying in was an emotional decision.

Screenshot just after entry

Trade 2: -$161.04 (-1 pts)
I was very late on this trade. Definitely felt like I was missing out. Got long reasoning that we were still one-timeframing as long as price doesn't take out two ticks below F period so I could have a tight stop and with the day's momentum price could make a run at the stops above the 392 level. Shorting at the upper bracket was too obvious and I had to be the contrarian... I was still emotional about missing the first move and didn't objectively look at the chart. Classic mistake. Need to be better than this.

Screenshot just after entry

Trade 3: +$288.96 (+3 pts)
Price had retraced back to yesterday's high and had formed a decent POC above my entry. A "P" shape had formed and price was at a good point where I could put my stop a couple ticks into the single "C" period prints. I entered long 3 contracts and rode it all the way to the last minute of trading and exited at the "J" period high.

Screenshot just after entry

Reply With Quote

futures io Trading Community Trading Journals > GOtraders's Topsteptrader Combine Journal

Last Updated on February 19, 2015

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Are you doing what it takes to trade right? w/FuturesTrader71

Jan 21

Journal Challenge!




Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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