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NapIvan's TST Combine Journal


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NapIvan's TST Combine Journal

  #11 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016

Then i show the 15 minutes chart, find SR levels, and figure out some detailes trading ideas. I don't like to tie my own hands too much, because I will not be able to keep my rules. So these ares just advices from me to me.

After this, i ready to trade. I watch the market, and try to find entries.

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  #12 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016

My entries based on the WilliamR% indicator's EMA slope clolor changing. Here is one short. This is a countertrend setup, i should use tight targets...


I will wait for the next entry...

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  #13 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016


My second setup, i traded it...

(WilliamR% broke down the EMA)

First target reached

Second target reached.

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  #14 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016

I thinking about MM in TST Combine. Just some silly math.
I want to survive least 9 days consecutive losses. A TST Combine is 20 days long, with 9 losing days and 11 winning days i have more than 50% of winning days.
So, during the 9 losing days the max draw down is $1500, daily 1500 / 9= $166, 16 tick SL with 1 contract / day or 8 tick SL with 2 contract / day.
In the worst case i have 9 losing and 11 winning days. I must use least 1:1.64 R/R to make successfully the combine:
9*(-166) + 11*x*166 = 1500;
x = 1,64
I would like to pay just once for the combine, this is the reason, why i made this calculation: i must develop my system to work in these conditions. (the $145 for the 30.000 combine is brutal price for me, this is quarter of my monthly income... )
I start a new demo attempt to trade these rules, i would like to post my trades and experiences.

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  #15 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010


ivanhoewithbow View Post
I thinking about MM in TST Combine. Just some silly math.
I want to survive least 9 days consecutive losses. A TST Combine is 20 days long, with 9 losing days and 11 winning days i have more than 50% of winning days.
So, during the 9 losing days the max draw down is $1500, daily 1500 / 9= $166, 16 tick SL with 1 contract / day or 8 tick SL with 2 contract / day.
In the worst case i have 9 losing and 11 winning days. I must use least 1:1.64 R/R to make successfully the combine:
9*(-166) + 11*x*166 = 1500;
x = 1,64
I would like to pay just once for the combine, this is the reason, why i made this calculation: i must develop my system to work in these conditions. (the $145 for the 30.000 combine is brutal price for me, this is quarter of my monthly income... )
I start a new demo attempt to trade these rules, i would like to post my trades and experiences.

You seems to have good trading strategy.
Yes combine fees are expensive for eastern europeans.
I recommend to open account with Oanda and you can
trade CL via CFD contract USOil as low as 0,0088 EUR per tick.

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  #16 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016


lemons View Post
You seems to have good trading strategy.
Yes combine fees are expensive for eastern europeans.
I recommend to open account with Oanda and you can
trade CL via CFD contract USOil as low as 0,0088 EUR per tick.

Thank You very much Your advice!
I tried trade with forex brokers, and i have some live account at Exness, XM, XTB, Ava... In the last times i traded DAX successfully, and made some money, but it's very hard to grow the account to a "living" level.
I started my forex account with $100, i must doubled 7-8 times to growing to a normal capital (100->200->400->800->1600->3200->6400->12800->25600...). I know, there are peoples who can made it, (for example Forexsaint in FF form), but i can't, it's too hard to my mental habit. So this is the reason, why i change to futures and to TST. My goal is to become a full time trader, i think it's easier with TST

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  #17 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010


ivanhoewithbow View Post
Thank You very much Your advice!
I tried trade with forex brokers, and i have some live account at Exness, XM, XTB, Ava... In the last times i traded DAX successfully, and made some money, but it's very hard to grow the account to a "living" level.
I started my forex account with $100, i must doubled 7-8 times to growing to a normal capital (100->200->400->800->1600->3200->6400->12800->25600...). I know, there are peoples who can made it, (for example Forexsaint in FF form), but i can't, it's too hard to my mental habit. So this is the reason, why i change to futures and to TST. My goal is to become a full time trader, i think it's easier with TST

Building habits takes time.
Its easiest to build 1 habit at the time.

I don't know have you seen this


Its best out of 3 webinars that FuturesTrader71 has done about habits.

Easier if you get funded
But its harder to get funded by TST than self funding.

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  #18 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016


lemons View Post
Building habits takes time.
Its easiest to build 1 habit at the time.

I don't know have you seen this


Its best out of 3 webinars that FuturesTrader71 has done about habits.

Easier if you get funded
But its harder to get funded by TST than self funding.

WOW, this is a very valuable video, thanks a lot, lemons!!!

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  #19 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016

There was two trades. The first based on break out, but the top pickers wins agains me
The second was a trend continued trade. Both was with 8 SL and 16 tick TP.
No more time to trade yesterday.






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  #20 (permalink)
 ivanhoewithbow 
Pilisvörösvár
 
Posts: 40 since Apr 2016


Today i can't stop my losses , i reached -320.
2 dummy trade, and 1 no dommy but failed trade.
the 2nd and 3rd trade not was good,
2nd: round number before TP
3th: just silly trade
first:


second:


The third was just fight with the market. No real reason, why i opened this. The Market was stronger

Total:


I try to hold my MM rules Monday better. And i make a checklist with some aspects of the trade, maybe i can better filter my entry.
Today I spent a lot of time in front of the machine to wait for a good movement, and at the end i lost my patience.

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Last Updated on January 26, 2017


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