A Cowboy's Trading Journal - Trading Journals | futures.io
futures.io futures trading


A Cowboy's Trading Journal
Started:August 16th, 2015 (01:21 AM) by bmtrading9 Views / Replies:25,567 / 695
Last Reply:8 Hours Ago (12:20 AM) Attachments:174

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Reply
 174  
 
Thread Tools Search this Thread
 

A Cowboy's Trading Journal

Old   #281 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received


bmtrading9 View Post
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Closed it, too slow day.....

Reply With Quote
 
Old   #282 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

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



I know it's hindsight chart...My system gave a sell signal at 2089 on SPX (RTH), now I am confident that I can trust my system with either RTH or ETH but big issues are entry and stops...that being said I took short yesterday ES at 2085 and covered it for 12 points....I didn't wait for my system to flip long (still trust issues and take whatever profit I can get mentality)...

Issues with my system...

1. I might not get a perfect entry

2. Overnight stops - will it be better if I go with ADR stops (overnight) to protect from any black swan events? because other stops are built in to the system...

Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
Old   #283 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received


Still in testing mode, made good progress...just one issue with time based charts i.e exits are not that good in highly volatile environment but so far I did good with ES, GC (GLD calls and NUGT stocks) and not so good with CL (UCO stock)...

Aim for me is

1. Less number of trades
2. Consistent profits

Once I am comfortable/profitable then scale in the direction of trade....

I am looking at Volume based chart on Nina but I am not getting what I want with that setting so trying 4500 tick chart on ES and trying to find optimum tick chart settings on CL and GOLD (for now sticking with daily charts for these two....)

Reply With Quote
 
Old   #284 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

Still having tough time to follow all of my systems signals, taking all the systems signals is very important because we don't know the outcome of each individual signal but we know the outcome of collective signals.

Reply With Quote
 
Old   #285 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

Futures Edge on FIO

Which products do you trade?

 
Another issue for me is marrying to a position (mainly swing), I should take profits when price rips up in few hours in my favor for example today I entered oil using QM at 37 it ripped to 38.50, I should have take profits but I waited thinking this is start of the squeeze and next thing you know price came back down, no follow thru yet...

Edit: Sold it at 37.50 from 37...I should have taken it out at 38...damn damn...

Reply With Quote
 
Old   #286 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

I hate this freaking market straight or straight down...I was in long but went for a ride and knocked down, the reason got scared is the FOMC (probably the BIGGEST ever)...I was waiting for this setup for one month and in one day it reversed and ripped on my face. I didn't loose money by shorting but still very mad...

Reply With Quote
 
Old   #287 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

Real pain in a swing system is if you miss out the trade then waiting for the next setup to show up

Reply With Quote
 
Old   #288 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

I am not regretting for missing out today as I did not plan to trade until options expiration...It seems I am lost and more confused but at the same time sticking to the plan...I don't know where my trading is leading but...day by day I am getting more confused by watching the market and it irrational behavior

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
 
Old   #289 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received

I wish all fellow traders a very very happy and profitable year...good luck all.

Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
Old   #290 (permalink)
Elite Member
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,607 since Mar 2013
Thanks: 2,563 given, 1,717 received


Good start to the new year for me...just trying to follow the system with some context ...

Reply With Quote

Reply



futures.io > > > A Cowboy's Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

Bookmap New Indicator Panel, Cumulative Delta, Order Flow demo

Jan 17

An Afternoon with FIO member Massive I

Elite only

Leo Murphy: Making sense of Technical Analysis and Random Walk

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
UBC Trading Journal - A day trading journey UmBillyCord Trading Journals 12 October 6th, 2014 06:43 AM
Cowboy & IRS kbit Jokes 0 February 28th, 2014 10:28 PM
The Naked Cowboy kbit Jokes 1 February 20th, 2014 08:23 PM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 04:48 PM
AR01 Price Area Journal (Not a trading journal) AR01 Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 09:01 AM.

no new posts
Page generated 2017-01-16 in 0.14 seconds with 20 queries on phoenix via your IP 50.16.5.192