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


A Cowboy's Trading Journal
Started: by bmtrading9 Views / Replies:25,737 / 697
Last Reply: Attachments:175

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
 175  
 
Thread Tools Search this Thread
 

A Cowboy's Trading Journal

  #41 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received

Damn that was timely hedge...I hate this kind of situation

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
 
  #42 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 446 received


bmtrading9 View Post
Got in again at 2047.75 planning to add at 2036 maybe tomorrow.

Edit: Selling resumes it seems wrong entry...

Don't worry mate I got steam rolled twice too lol. I just walked away after that, live to fight another day

Sent from my SM-N9005 using Tapatalk

Reply With Quote
The following user says Thank You to PeakGrowth for this post:
 
  #43 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received

ES support Level


SPX 1980 is kind of clear support but is 2012 a CLVN support?

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 user says Thank You to bmtrading9 for this post:
 
  #44 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received

Freaking I am so pissed of now, I put a limit order to buy back my ESZ5 short at 2002 then canceled now it is 2012.

Reply With Quote
 
  #45 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received

Futures Edge on FIO

Which products do you trade?

 

bmtrading9 View Post
Freaking I am so pissed of now, I put a limit order to buy back my ESZ5 short at 2002 then canceled now it is 2012.

Closed ESZ5 at 1997 and market puked again

Reply With Quote
 
  #46 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received

Not a good day, I did lot of trades tried to improve average on my ES longs, Into the just close just before plunge I hedged my 2 ES Longs with Dec ES Short...

My average for ES Long is 2003 and My ESZ5 entry was at 1975...I need prayers but that's not the best way to trade, I know...

Reply With Quote
 
  #47 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received


bmtrading9 View Post
Not a good day, I did lot of trades tried to improve average on my ES longs, Into the just close just before plunge I hedged my 2 ES Longs with Dec ES Short...

My average for ES Long is 2003 (down from 2044 but swallowed losses) and My ESZ5 short entry (Overnight hedge) is at 1975...I need prayers but that's not the best way to trade, I know...

I still have my oil long i.e QM but closed DUST and VXX (Short - opened to day) for $280 profit...I was scalping longs and short on ES for few handles that's I got my average down...Hindsight, Once break of that range at 2044 and 2036, I should have forgot trading ES or should have got out when damage was less but last 4 or 5 years dip buying always won big time and changed my mind drastically...

Edit: Scalping gave me 13 handles (but too much of stress), Dust $240, VXX $48 and yesterday's ESZ5 short gave 2032 - 1997 = 35 handles...this is freaking nuts what happened to my following trend from now on...


Last edited by bmtrading9; August 21st, 2015 at 05:48 PM.
Reply With Quote
 
  #48 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 446 received

Why do you hedge? If it's wrong just shut it down. Hedging with a contract further out only means you're paying two sets of brokerages and now you got 2 headaches instead of 1. You only have a clear mind to be objective if you are flat, by adding another one you are just making it worse for yourself.

Learn to love the loss, it's just paying for the chance to test your hypothesis about the market - an expense.

Reply With Quote
The following 2 users say Thank You to PeakGrowth for this post:
 
  #49 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received

You are right mate got to get out of this habit...I am playing kind of swing so these hedges helping little but pain is alot than help

Sent from my SAMSUNG-SM-G900A using Tapatalk

Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
  #50 (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: 1,609 since Mar 2013
Thanks: 2,572 given, 1,724 received


This is becoming a freaking unbelievable scary scenario...Was able to pull out 63 handles from shorting overnight from ESZ5...got panicked and short ESZ5 at 1915

Sent from my SAMSUNG-SM-G900A using Tapatalk

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
 

An Afternoon with FIO member Massive l

Elite only
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

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 02:50 AM.

no new posts
Page generated 2017-01-19 in 0.12 seconds with 21 queries on phoenix via your IP 174.129.78.73