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

  #621 (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



1 - Short at 46.60
2 - Covered at 46.30 (Overnight missed my target of 46.05 by 3 ticks ughh...)
3 - Chopped up and down
4 - Frustrated and left one long at 46.20 with 20 ticks advantage but opening selloff took out my stop at break-even

Didn't dare to trade the report

That's my day in a nutshell.

Edit: With all this drama my original stop of 47.70 on my original stop is not touched.

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

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
Futures True Range Report
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
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
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #622 (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

That's on sim though, planning to go live in real account with same strategy.


Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #623 (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


ES is approaching a short but I don't have guts to short it, I am just watching this if I will be right in my analysis or not.

Trading ES doesn't suite my mentality but it is a good vehicle if you just a LONG and HOLD trader.

ES Daily trend - LONG

ES 15 mins trend - Tired LONG

ES entry point with 10 point stop - 2150 ( I will place an order on sim just for testing mode)

Now this the dilemma I am facing when I do my analysis and I know when my stop is far away do I need to enter the trade or wait for confirmation and loose that price advantage? Classic Information risk vs price risk.



Edit: Be cautious in earnings season and shorts

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #624 (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
ES is approaching a short but I don't have guts to short it, I am just watching this if I will be right in my analysis or not.

Trading ES doesn't suite my mentality but it is a good vehicle if you just a LONG and HOLD trader.

ES Daily trend - LONG

ES 15 mins trend - Tired LONG

ES entry point with 10 point stop - 2150 ( I will place an order on sim just for testing mode)

Now this the dilemma I am facing when I do my analysis and I know when my stop is far away do I need to enter the trade or wait for confirmation and loose that price advantage? Classic Information risk vs price risk.



Edit: Be cautious in earnings season and shorts


Ok...I said screw it and entered short (on sim) anticipating a trend change. Damn it I shouldaaa waited and check 2 min chart for better prices...



Edit: After a very very long time bought 3 SPY puts (AUG 19TH expiration) each at 1.16

Edit: LOL, of course, it will work because I am doing it on sim except for options.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #625 (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
Ok...I said screw it and entered short (on sim) anticipating a trend change. Damn it I shouldaaa waited and check 2 min chart for better prices...



Edit: After a very very long time bought 3 SPY puts (AUG 19TH expiration) each at 1.16

Edit: LOL, of course, it will work because I am doing it on sim except for options.

Ok, now trend changed so my questions in my head would be will this continue or not? When was the last time short worked? all these sorts doubts will be in my mind...



Edit: Looks like I missed my target by 3 or 4 tick, I going to keep this short.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #626 (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

Going to be busy week at work so not trying to do stupid things....Still have my August puts, my simulation ES yielded 11 ES handles on that Turkey scare i.e reached my target but hey that's why I don't like simulation.

Sent from my SAMSUNG-SM-G900A using Tapatalk

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #627 (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

About to explode to the upside. Of course, I might be wrong as it is near the support but probability of going up is more. Other concern is weekly chart is it bearish or just a bull flag?

@Inletcap what's your take on it?

Daily



Weekly


Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #628 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


bmtrading9 View Post
About to explode to the upside. Of course, I might be wrong as it is near the support but probability of going up is more. Other concern is weekly chart is it bearish or just a bull flag?

@Inletcap what's your take on it?

Daily



Weekly



For what its worth from a value point of view this is what I see: CL tested for sellers above VAH first week of June and found them for the custom profile spanning 6/28/2015 to today, at red arrow it bounced off that ranges VPOC (also 2 years comp profile VPOC) but then resumed its bearish ways next day, I see it testing for buyers on the other side of value down to VAL and or the 2 green arrows.




Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #629 (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


Blash View Post
For what its worth from a value point of view this is what I see: CL tested for sellers above VAH first week of June and found them for the custom profile spanning 6/28/2015 to today, at red arrow it bounced off that ranges VPOC (also 2 years comp profile VPOC) but then resumed its bearish ways next day, I see it testing for buyers on the other side of value down to VAL and or the 2 green arrows.




Ron

Thanks Ron, that might be the case also as overall market (ES, YM, NW) are looking tired...my day trading strat (on sim) is short, last few months that's been working let's see.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #630 (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




Sent from my SAMSUNG-SM-G900A using Tapatalk

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




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