Johnson's Price Action Trading Journal - Trading Journals | futures.io
futures.io futures trading


Johnson's Price Action Trading Journal
Started: by xiniuwang100 Views / Replies:170 / 3
Last Reply: Attachments:2

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
 
Thread Tools Search this Thread
 

Johnson's Price Action Trading Journal

  #1 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Interactive Brokers
Favorite Futures: HSI(HangSeng Index Futures)
 
Posts: 7 since Feb 2016
Thanks: 0 given, 6 received

Johnson's Price Action Trading Journal

I started full time trading 5 month's ago, and part time trading (2 hours p/d) forex/gold since March, 2015. Currently exclusively trade HSI ( HangSeng Index futures) full time.

Opening this journal and try to record my steps in trading career.

I'll add more details with myself and my tradings later on.

Reply With Quote
The following 3 users say Thank You to xiniuwang100 for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Interactive Brokers
Favorite Futures: HSI(HangSeng Index Futures)
 
Posts: 7 since Feb 2016
Thanks: 0 given, 6 received

Milestone of my trading career


Toady's trading performance was pretty bad. Profit loss was over -200 ticks, market went very choppy today since it's close to key resistance area and bear force still watch for a better chance to trap all bulls.

Even Though the bad performance, finally I have understood something. When I walked with my wife this afternoon, I talked about today's market and my thinking about the market. I told her trading is not about price rising or falling, when price rising like a rocket or fall as a stone, it shouldn't bother you if your system doesn't generate a signal.

Market always try to deceive you, sorry I describe it as "deceive". Since most of the time, when market has medium to low volume after open hour, the market went up and down and trap me in countless times. Market counter partners always intent to trap as many as they can to rob you money, the only way to defend is to find their patterns to sneak in, and move out with toes ... I'd like to describe it as mosquitos suck your blood silently and escape without a notice.

I believe this is "Stage Two" of what many trading wizards said, "When you see a mountain, it's not a mountain, and when you see a river, it's not a river".

I put this in words as I would like to remember today as a milestone of my trading career. A long way ahead for my trading, my system is far from perfect and I still got millions of troubles of controlling my emotions when trading.

Reply With Quote
The following user says Thank You to xiniuwang100 for this post:
 
  #4 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Interactive Brokers
Favorite Futures: HSI(HangSeng Index Futures)
 
Posts: 7 since Feb 2016
Thanks: 0 given, 6 received

Trading Journal 20160818

I didn't follow my trading method today ... again.

My brain wasn't fast enough to process fast moving market, and I am good at the time when market slows down. I have removed breakout trades from my trading system, but I still have impulse to enter market when market rise/fall freely.

From hindsight, the trades were quite obvious, but my bad habit is to trade against the market ... so the result is obvious as well.
Market rose 150 ticks without resistance, but price was falling heavily yesterday, so I sell when a buy climax bar shows up

It turns out a trending pause ( I call the small trading range trend pause). The trade itself wasn't too bad, just trade against the trend, but I did it again when another climax bar showed up ... a vicious circle ...

Attached Thumbnails
Johnson's Price Action Trading Journal-m1.png   Johnson's Price Action Trading Journal-m5.png  
Reply With Quote

Reply



futures.io > > > Johnson's Price Action Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Price Action Trading w/ Bryan Journal alston77 Trading Journals 5 May 3rd, 2016 08:27 AM
Howiestrading journal trading the ES using price action Howardw Elite Trading Journals 138 July 16th, 2015 08:58 PM
Price Action Ripper's Stock Trading Journal tturner86 Elite Trading Journals 72 April 9th, 2015 11:20 AM
Price Action Trading Journal RambleDog Trading Journals 4 January 4th, 2012 01:34 AM
CW's ES Price action trading Journal cw30000 Trading Journals 25 September 28th, 2010 10:54 AM


All times are GMT -4. The time now is 02:39 AM.

no new posts
Page generated 2017-01-23 in 0.10 seconds with 20 queries on phoenix via your IP 54.161.200.170