Good trades, bad trades, winning trades & losing trades - Trading Journals | futures.io
futures.io futures trading


Good trades, bad trades, winning trades & losing trades
Started: by AsymOlly Views / Replies:2,297 / 42
Last Reply: Attachments:5

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
 5  
 
Thread Tools Search this Thread
 

Good trades, bad trades, winning trades & losing trades

  #41 (permalink)
Elite Member
Tokyo, Japan
 
Futures Experience: Intermediate
Platform: S5
Broker/Data: Stage5
Favorite Futures: Commodities
 
Posts: 38 since Dec 2015
Thanks: 12 given, 22 received

How to Define a Trend?

My new plan is to use a combination of trend following and volume profile to flatten out my equity curve. The way I have been defining a trend is 20 day breakout. This definition of a trend gets quite a few false breakouts where there is a gap up/down or just big move after 19 days of low volatility.

I've been testing 3 moving averages moving in the same direction to get an entry and cross of moving averages to exit or 2 * 20 day ATR in opposition of trend. Tests are looking positive but need to do more.

Please share how you define trends in your trading, I'm interested in finding whatever edge I can find.

Reply With Quote
 
  #42 (permalink)
Elite Member
Tokyo, Japan
 
Futures Experience: Intermediate
Platform: S5
Broker/Data: Stage5
Favorite Futures: Commodities
 
Posts: 38 since Dec 2015
Thanks: 12 given, 22 received

2 trades on now, long gold @ 1,368.9 and short pound @ 1.28850. Both trades are underwater but far away from my stops. I am nervous ahead of US NFP but am hesitant close my positions as I have been trading so scared since BREXIT I have missed out on a fortune in profits had I stuck to my strategy. I am now in a hurry to further automate my trading so that I can remove my fear and greed from trading.

I had assumed the positive jobs report data and subsequent rally in DXY and ES would drive the pound down but after a lot of big vol it ended unchanged. There is a huge bid under this market either in short covering, government support or this is market consensus of value and I should get out. The move may continue lower is just lost a lot of steam, not a reason to get out of a trend following play so I'll stay in. Need to spend more time on automation!!

Reply With Quote
 
  #43 (permalink)
Elite Member
Tokyo, Japan
 
Futures Experience: Intermediate
Platform: S5
Broker/Data: Stage5
Favorite Futures: Commodities
 
Posts: 38 since Dec 2015
Thanks: 12 given, 22 received


Earlier today the pound was moving my way, lower, and my trade was in the green. Around noon UK time Andrea Leadsom decided the PM race was not for her and now I'm getting my head kicked in on the pound once again. The trend is still down and so I'm still in it.

In my work to re-examine how I define a trend I can see that a simple moving average cross has promise. I haven't purchased AmiBroker full version yet so haven't been able to do optimization testing. Initial testing I can see that energy, metals and softs work well but indices, currencies and rates perform horribly. I don't expect all sectors to perform well, that would mean I was curve fitting or only using correlated markets, so as long as over the long run I have a positive expectation then I will start implementing this new style for trading.

This is what happened with the new PM for the UK became clear. I can't imagine that this is good for the UK as it bring them closer to leaving the UK. When countries want to punish other countries they bar them trading and from immigration via UN sanction so a UK self imposed sanction doesn't seem like a positive step to me.

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

Reply With Quote

Reply



futures.io > > > Good trades, bad trades, winning trades & losing trades

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
 

Bookmap New Indicator Panel, Cumulative Delta, Order Flow demo

Jan 17
 

An Afternoon with FIO member Massive l

Elite only

Leo Murphy: Making sense of Technical Analysis and Random Walk

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Strategy not taking trades in live bur trades in Back test forexcasted NinjaTrader Programming 8 November 17th, 2014 02:17 PM
blotter's tradeStats separated by long trades and short trades 81ailanto Matlab, R project and Python 3 September 21st, 2014 06:52 PM
Max drawdown for winning trades? tropics NinjaTrader 2 March 28th, 2014 10:41 AM
WINNING TRADES JOURNAL Rad4633 Trading Journals 15 November 19th, 2013 06:59 PM
Discretionary trades vs system trades (for elite performers) strikebackfast Traders Hideout 7 August 20th, 2013 12:36 PM


All times are GMT -4. The time now is 03:13 AM.

no new posts
Page generated 2017-01-17 in 0.08 seconds with 20 queries on phoenix via your IP 54.205.153.63