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


A Cowboy's Trading Journal
Updated: Views / Replies:36,786 / 821
Created: by bmtrading9 Attachments:213

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
 213  
 
Thread Tools Search this Thread
 

A Cowboy's Trading Journal

  #501 (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, 25,529 received


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



Just no words...still profitable for the year and that consistency seems to be very very very far and totally out of reach now.

Looks to me like you are not maximizing your winners. Everyone naturally wants to focus on those red bars- my focus is on the very small size of the blue ones- if the Reds can be that big, so can the blue. When you are "on"
, exploit it for everything you can. Some days you just know that you are feeling the market correctly and everything you do just works- on those days keep playing and adding size when/ where ever you can. By doing this exploitation thing, when you have a real shit day or a string of them, they are more than compensated for so not very damaging to your overall results.

Reply With Quote
The following 5 users say Thank You to Inletcap for this post:
 
  #502 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary


Inletcap View Post
Looks to me like you are not maximizing your winners. Everyone naturally wants to focus on those red bars- my focus is on the very small size of the blue ones- if the Reds can be that big, so can the blue. When you are "on"
, exploit it for everything you can. Some days you just know that you are feeling the market correctly and everything you do just works- on those days keep playing and adding size when/ where ever you can. By doing this exploitation thing, when you have a real shit day or a string of them, they are more than compensated for so not very damaging to your overall results.

I know exactly what you are talking about, I do have that feeling both when I am wrong or right...my voice keeps telling me get the hell out get the hell out when I am wrong and at same time when I am right it says damn fool add it add it but FEAR overrides that voice...I am going to follow a plan (yes I do have a plan )

Sent from my SAMSUNG-SM-G900A using Tapatalk


Last edited by bmtrading9; April 3rd, 2016 at 10:31 PM.
Reply With Quote
The following 4 users say Thank You to bmtrading9 for this post:
 
  #503 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary


I wanted to get short at 17710 or 17700 (based on P&F chart) but couldn't dare/catch those levels in the morning
and saw price drop to pivot and bounce but somehow dared in the afternoon to catch a short at
17690 with price target of 17600 but didn't get there and started bouncing so closed it at
17645.

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 4 users say Thank You to bmtrading9 for this post:
 
  #504 (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, 25,529 received


bmtrading9 View Post
I know exactly what you are talking about, I do have that feeling both when I am wrong or right...my voice keeps telling me get the hell out get the hell out when I am wrong and at same time when I am right it says damn fool add it add it but FEAR overrides that voice...I am going to follow a plan (yes I do have a plan )

Sent from my SAMSUNG-SM-G900A using Tapatalk

I know that, for me, when it feels like a constant fight or if I were playing the other side it would be a lot "easier"( hard to explain) that I am fighting the market and I need to alter course- I did this Friday until mid day- caught a little reward and flipped to join the party but I never really " felt great" about either side and never really made much out of a perfect trend day. My bias was definitely in the way so I did not capitalize on the reality of what was unfolding in front of me and I knew it without question, sometimes you just can't get on board mentally- best to play it small or step aside IMO bcuz all the evidence in the world won't change your inner thoughts. On the other hand, today's short side felt great- It didn't go very far but I was all over it with confidence (and size) and made 5x more than Friday's perfect trend day that in hindsight should have yielded 10x what today did. Hope those examples help- that stuff always puzzles me- brain getting in the way of reality

Reply With Quote
The following 3 users say Thank You to Inletcap for this post:
 
  #505 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary

Everything down overnight as expected. Since FOMC is tomorrow and some FED speakers are scheduled to speak tomorrow (We know what happens atleast before that when we are down) and we are near ETH ADR_L's on all four indices. I will try to catch the reversal at ADR_L on either YM or NQ or the strongest one, then try to sell the rips.

Edit: Wow! just noticed quietly ZN and USDJPY put nice moves and indices are diverging big time wrt these two.

Edit: Damn it did any of indices reach ADR_L? on TOS I see only ES was close something wrong with my ADR?

ES ETH ADR_H = 2057.09 and ADR_L = 2035.16

No trades as of now, just starring at my screen with disbelief that plan kind of working but I am in any trades...happens one of those days.


Last edited by bmtrading9; April 5th, 2016 at 11:00 AM.
Reply With Quote
The following user says Thank You to bmtrading9 for this post:
 
  #506 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary

volatility seems to be returning so it is better not to expect trend trades and should be quick and willing to take more risk by widening stops else algo's will get your stop for sure. Try to buy or sell based on P&F and pivots but I will wait for FOMC and oil inventory report.

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


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


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


Last edited by bmtrading9; April 6th, 2016 at 09:30 AM.
Reply With Quote
The following 2 users say Thank You to bmtrading9 for this post:
 
  #507 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary

Unbelievable today is second day just starring at my screen with disbelief that plan kind of working out but of course without me. In my defense I am taking care of a sick child at home.

I am aware price will make wild moves at flat MA's but this is way wild though...


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:
 
  #508 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary

Third day can't take it anymore so entered long YM 17470 before lunch with 100 points trailing stop told myself don't let this go against you if breaks below Yesterday's low (17452+) but didn't keep a hard stop there and price rallies to 17515 I said wow something working out, what I didn't consider at that time is that was a counter trend trade and book profit(but but this worked last two days with a bang...) or I should have at least moved my stop to breakeven didn't do it thought price will comeback as it's too oversold but it got my trailing stop at 17420. I got in again at that level and also was able to catch NQ at 4455 and got out quickly 4465 and scratched YM for breakeven. Meanwhile oil made nice end of day rally from my level of 36.90 and I missed that.I will try to post charts later. ..I am liking this P&F charts to identify clear levels.

So lost $40 for the day after all this...

Sent from my SAMSUNG-SM-G900A using Tapatalk

Edit:

Missed

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


Lost (didn't take profit at vwap and didn't use hard stop instead let trailing stop hit)

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


Got lucky

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


Last edited by bmtrading9; April 7th, 2016 at 08:17 PM.
Reply With Quote
The following 5 users say Thank You to bmtrading9 for this post:
 
  #509 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary

I just want to forget about today, I just over traded can't even remember how man contracts but my broker will be a very happy person and I did came out positive for the day and for the week...I see the pattern getting unwinded again in front my eyes, at some point in near future I will get tired of daytrading/scalping and says screw this let's go back to swing/positional trading and hold on to the losses, In the hope of recovering those losses I keep holding loosing position and praying/hoping and kicking myself for not closing when breakeven or small loss...

Reply With Quote
The following 3 users say Thank You to bmtrading9 for this post:
 
  #510 (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: 1,744 since Mar 2013
Thanks: 2,824 given, 1,960 received
Forum Reputation: Legendary

CL - Freaking bullish


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

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

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

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


Can anyone see any bearishness in these charts? (but hey this oil so we never know) BTW, I don't like trend lines, those are experimental lines in SC. Seasonality screaming buy oil. Plan is to buy QM on weakness.

Reply With Quote
The following user says Thank You to bmtrading9 for this post:

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)

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

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 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 01:08 AM.

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 2017-07-23 in 0.09 seconds with 19 queries on phoenix via your IP 54.158.238.172