NexusFi: Find Your Edge


Home Menu

 





A Cowboy's Trading Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one bmtrading9 with 726 posts (926 thanks)
    2. looks_two Inletcap with 28 posts (82 thanks)
    3. looks_3 Blash with 20 posts (44 thanks)
    4. looks_4 bobwest with 15 posts (36 thanks)
      Best Posters
    1. looks_one Inletcap with 2.9 thanks per post
    2. looks_two bobwest with 2.4 thanks per post
    3. looks_3 Blash with 2.2 thanks per post
    4. looks_4 bmtrading9 with 1.3 thanks per post
    1. trending_up 121,650 views
    2. thumb_up 1,325 thanks given
    3. group 29 followers
    1. forum 893 posts
    2. attach_file 273 attachments




 
Search this Thread

A Cowboy's Trading Journal

  #531 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159

Even after doing good this month I am feeling bad because I couldn't maximize my profits on my trades to cover shitty days but at-least I am green this month. Today didn't trade much just closed that oil short after taking heat in the morning but again didn't maximize it because I couldn't watch this market. I didn't dare to take any other trade because I don't want to give up profits

Have a good weekend.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
ZombieSqueeze
Platforms and Indicators
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #532 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
Thanks Given: 57,343
Thanks Received: 26,267


bmtrading9 View Post
Even after doing good this month I am feeling bad because I couldn't maximize my profits on my trades to cover shitty days but at-least I am green this month. Today didn't trade much just closed that oil short after taking heat in the morning but again didn't maximize it because I couldn't watch this market. I didn't dare to take any other trade because I don't want to give up profits

Have a good weekend.

Green is good.

Bob.

Reply With Quote
  #533 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159


My April results



Except that one day, i did good in controlling myself. I clearly remember the agony of that day, I fought that uptrend like a mad dog and finally give up by put a stop order and that stop order is still the highest tick on YM. After stopping me out on 2 contracts on YM, market dropped like rock.

1. Was able to minimize the losses (except that day, at the end I am still right in my thinking but loss was huge)

2. Not able to trade some levels as I wish due to work commitment etc etc

3. Was not able to maximize by being in the trades (Of course hindsight analysis)

4. Still suffering with that CONFIRMATION syndrome

5. Still taking multiple trades just need to get in one trade and ride along the wave is key. Talking about multi-day swing (I guess only way to do is etf's not futures)

Main goal atleast for this week is

Place limit orders and stops as per method and let market prove me wrong.

Thanks everyone it's a never ending journey, my thinking right now is maybe the end is near or maybe I am still dreaming

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #534 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159

Had to wake up middle of night saw only one potential trade on CL so took short QM at 45.50 with one point stop, as usual I was early but not wrong so held on to it, shouldaaa couldaaa wouldaaa added to it but hey when did I do it right so didn't added it but glad it did worked out in my favor.

I am looking at daily chart and thinking of 43 target but don't know so I might take it out at ADR_L or 44





Edit: This struggle of protecting profits or hold on to the trade longer continues so I close my short of QM from 45.50 at 44.85 for 65 ticks.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #535 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159


bmtrading9 View Post
Had to wake up middle of night saw only one potential trade on CL so took short QM at 45.50 with one point stop, as usual I was early but not wrong so held on to it, shouldaaa couldaaa wouldaaa added to it but hey when did I do it right so didn't added it but glad it did worked out in my favor.

I am looking at daily chart and thinking of 43 target but don't know so I might take it out at ADR_L or 44



Edit: This struggle of protecting profits or hold on to the trade longer continues so I close my short of QM from 45.50 at 44.85 for 65 ticks.

I am sick and tired of my inability to stick for longer trades (or atleast hold on to my targets...can't fix a moron. I shouldaaa re-entered nothing indicated that I am wrong.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #536 (permalink)
 
ratfink's Avatar
 ratfink 
Birmingham UK
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TST/Rithmic
Trading: YM/Gold
Posts: 3,633 since Dec 2012
Thanks Given: 17,423
Thanks Received: 8,425


bmtrading9 View Post
I am sick and tired of my inability to stick for longer trades (or atleast hold on to my targets...can't fix a moron. I shouldaaa re-entered nothing indicated that I am wrong.

Bizarre isn't it. I have now reached a stage where I enter well enough to get most of my trades down to neglible stops and I still can't leave the buggers alone. I share your frustration, but no morons are involved - just human tripartite neural conglomerate structures that got trained for everything that isn't trading, and it's hard work undoing it.

Travel Well
Visit my NexusFi Trade Journal Reply With Quote
  #537 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159

Put a limit buy to open on YM at support 17468 (I know it's counter trend but it's hard pass this level, let's see if we get there). As per my charts Oil should found resistance at 44.55 and 45.50, if it oscillates around 44, I have to buy it for short term because seasonality favors long on oil.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #538 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159


ratfink View Post
Bizarre isn't it. I have now reached a stage where I enter well enough to get most of my trades down to neglible stops and I still can't leave the buggers alone. I share your frustration, but no morons are involved - just human tripartite neural conglomerate structures that got trained for everything that isn't trading, and it's hard work undoing it.

I totally agree sir, we have to re-wire some of the deepest/complex wiring in our brains to be able to properly think and act in this trading business. If you see my previous posts, I keep on telling this is my level that is my level like the talking heads on TV but never able to capitalize fully but I am glad that at-least I am controlling my losses to minimum but still long way to go. I am determined to go as long as it takes

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #539 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159


bmtrading9 View Post
Put a limit buy to open on YM at support 17468 (I know it's counter trend but it's hard pass this level, let's see if we get there). As per my charts Oil should found resistance at 44.55 and 45.50, if it oscillates around 44, I have to buy it for short term because seasonality favors long on oil.

Oil report changed my view on oil so

SOLD 1 QM Jun'16 @NYMEX @ 43.75 with ONE point stop, It is near indecision point but I am betting towards downside.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #540 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159



bmtrading9 View Post
Oil report changed my view on oil so

SOLD 1 QM Jun'16 @NYMEX @ 43.75 with ONE point stop, It is near indecision point but I am betting towards downside.

Hmm...that was not what I expected, kind of flat now. Amazing how market tricks me.

Sent from my SAMSUNG-SM-G900A using Tapatalk

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on January 6, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts