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


A Cowboy's Trading Journal
Updated: Views / Replies:39,805 / 846
Created: by bmtrading9 Attachments:227

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 227  
 
Thread Tools Search this Thread
 

A Cowboy's Trading Journal

  #481 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary


michaelleemoore View Post
Well done!

Thanks for all the help on your thread sir, learning a lot.

Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
  #482 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary


bmtrading9 View Post
Exited my short QM at 40.40 from 41 mainly due to pending EIA report.

Now this hurts, didn't realize I can see 38 handle this fast...

Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
  #483 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary


Haven't been trading much recently. Thursday's run-up was impressive and typical of a move that happens before the return of volatility (Another clue is flattening of MA's). I am not sure what would happen after three days break, analysis will be re done, algo's will be re-written etc. etc.

Typically I want to see the breadth increasing with that end of day rally if it didn't improve then something might be suspicious not saying short but be cautious on longs is my approach today on ES/YM.

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

Reply With Quote
The following 3 users say Thank You to bmtrading9 for this post:
 
  #484 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary

Missed my long entry this morning while dropping kid at school so what did I do? Shorted YM @17400 with stop at 17500 for a swing...I broke two rules in this trade

1. My self imposed no shorting rule
2. Self imposed no holding overnight rule (not yet broken but that's the plan for now)

Reason for my short...Less volume on UP side and breadth deteriorating, weak oil but near ADR Lows so expecting a bounce there.

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


Edit: Wow! I didn't know Yellen was speaking today but anyway I deserve this because I broke my rules...and still breaking it by holding this short purely based on no volume to support this move

Edit: Closed YM short lost $500. That was very fast 2 mins, had chance to minimize the loss but didn't take that chance. Anyway sticking to my rule of no overnight position.


Last edited by bmtrading9; March 29th, 2016 at 03:49 PM.
Reply With Quote
The following 3 users say Thank You to bmtrading9 for this post:
 
  #485 (permalink)
Elite Member
Murrells Inlet SC
 
Futures Experience: Advanced
Platform: Tradestation
Favorite Futures: ES, CL, ETFs
 
Inletcap's Avatar
 
Posts: 9,158 since Dec 2012
Thanks: 9,765 given, 25,620 received

Still looking at those volume spreads eh? So much pain for no reason- a while back I found Cumulative Delta Volume was so inconsistent I removed it from all my charts because it clouded my mind- "why is there not as much volume at the bid on this push?" I would ask myself and eventually close out a trade or worse- take a trade... I promise one last time- you do not need that information to be a consistently profitable trader!

Reply With Quote
The following 5 users say Thank You to Inletcap for this post:
 
  #486 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary


Inletcap View Post
Still looking at those volume spreads eh? So much pain for no reason- a while back I found Cumulative Delta Volume was so inconsistent I removed it from all my charts because it clouded my mind- "why is there not as much volume at the bid on this push?" I would ask myself and eventually close out a trade or worse- take a trade... I promise one last time- you do not need that information to be a consistently profitable trader!

Yup I agree, removing it. Today's issue is not trading what's in front of me but entering trade with swing mindset and not able to adjust accordingly.

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
The following 3 users say Thank You to bmtrading9 for this post:
 
  #487 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary

No trades today but I hit my imaginary targets (lol). I am down with allergies, also alot more going on at work front so not finding much time, whenever I get time move would have already happened...I am waiting this March to be over, lost over half of profits already.

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
The following 4 users say Thank You to bmtrading9 for this post:
 
  #488 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary

http://www.discretionary-trading.com/

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
 
  #489 (permalink)
Market Wizard
Dallas, TX, USA
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: IB
Favorite Futures: ES, YM, TF, CL, GC and ETF's
 
Posts: 1,789 since Mar 2013
Thanks: 2,908 given, 2,010 received
Forum Reputation: Legendary


bmtrading9 View Post
http://www.discretionary-trading.com/

Sent from my SAMSUNG-SM-G900A using Tapatalk

Wow! This guy nailed it perfectly atleast theory wise.

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
  #490 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,367 received



bmtrading9 View Post
Discretionary-Trading

Sent from my SAMSUNG-SM-G900A using Tapatalk

Which post are you referring to?

The link goes to the home page for his blog.

Do we assume you mean the 6th March post?

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)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
UBC Trading Journal - A day trading journey UmBillyCord Trading Journals 12 October 6th, 2014 05:43 AM
Cowboy & IRS kbit Jokes 0 February 28th, 2014 09:28 PM
The Naked Cowboy kbit Jokes 1 February 20th, 2014 07:23 PM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 03:48 PM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 08:01 PM


All times are GMT -4. The time now is 10:51 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-09-21 in 0.10 seconds with 19 queries on phoenix via your IP 54.156.69.204