How I Trade For a Living - Trading Journals | futures io social trading
futures io futures trading


How I Trade For a Living
Updated: Views / Replies:57,739 / 662
Created: by rocksolid68 Attachments:94

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

Closed Thread
 94  
 
Thread Tools Search this Thread
 

How I Trade For a Living

  #261 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary

Flushed out the children, so I think it is time to go now

I have quite a bit of exposure currently. I have 2 lots GC, 3 ES, and one ZB....

I guess we will see how it plays out!

EDIT: Flattened one ES for +15 ticks.

Flat GC for a few hundred dollars


Last edited by rocksolid68; October 7th, 2016 at 09:00 AM.
The following user says Thank You to rocksolid68 for this post:
 
  #262 (permalink)
Zb Trader
midwest
 
Futures Experience: Intermediate
Platform: ninja trader+tws
Broker/Data: amp/cqg
Favorite Futures: zb and es
 
tbondtrader's Avatar
 
Posts: 382 since Jul 2009
Thanks: 840 given, 428 received

puke point

whats your puke point zb?

The following user says Thank You to tbondtrader for this post:
 
  #263 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary



tbondtrader View Post
whats your puke point zb?

Not sure at this exact moment.

If we start to see some strength to the upside above the yellow boxes, I will flatten.

I will see if there is momentum after the first box, and flatten if so. But if there is no momentum, I will hold to the higher of the two boxes. Make sense?

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

The following 2 users say Thank You to rocksolid68 for this post:
 
  #264 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary

So, I messed up pretty hard.. A multi-hundred dollar mistake. I had gotten up to refill my coffee with a full boat on. Needless to say, I did not put in a hard stop (which I do for when I am away).

Price fell through the OR-L.

So when I got back I was much more red than I wanted to be.

Time to grind my way to green....

The following 2 users say Thank You to rocksolid68 for this post:
 
  #265 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary

Time to go out the top! I think that the big boys are ready!

We got an extreme TICK reading to the downside but I think it is signaling bear exhaustion.

More fuel for the missile? We will know sooner than later!

(Bonds and gold dropping nicely)

 
  #266 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary

Raise your hand if you wish you were still holding your GC short

 
  #267 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary

So, I completely forgot to post my Friday recap.

I have been fairly busy and did not have too much time. I still do not. I am going to my little sister's volleyball game and the out to lunch with the grandparents. I will hopefully have some time tonight!

Anyways, Friday was an ugly day for me. First off I forgot a stop loss when I went up for coffee. Second, I got hurt on a GC trade as well. Not only that, I flattened my ZB trade because I believe it will make a nice leg up now.

Recap:

ES: -$512.50
GC: -$380.00
ZB: +$2406.25

Net PnL: +$1513.75
Net PnL for trades place that day: -$892.50

I knew my hotstreak would come to an end sooner than later. I just wish it wasn't so ugly

Anyways, next week is a new start, hopefully I can recoup some losses.

This week has an overall green PnL, but I think that I should have been able to do better.

I still have much to learn!

Enjoy your weekend, all!

The following 11 users say Thank You to rocksolid68 for this post:
 
  #268 (permalink)
Membership Temporarily Revoked
Boston, MA
 
Futures Experience: Intermediate
Platform: NT7
Favorite Futures: CL, RB, LE
 
Posts: 264 since Apr 2014
Thanks: 102 given, 173 received


rocksolid68 View Post
Raise your hand if you wish you were still holding your GC short


Not me. Long smells nice at the moment. ;-)

The following user says Thank You to HoopyTrading for this post:
 
  #269 (permalink)
Market Wizard
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,317 given, 2,648 received
Forum Reputation: Legendary


HoopyTrading View Post
Not me. Long smells nice at the moment. ;-)

Haha Hoopy. It was looking good for a short $9000 ago where I was short

 
  #270 (permalink)
Membership Temporarily Revoked
Boston, MA
 
Futures Experience: Intermediate
Platform: NT7
Favorite Futures: CL, RB, LE
 
Posts: 264 since Apr 2014
Thanks: 102 given, 173 received



rocksolid68 View Post
Haha Hoopy. It was looking good for a short $9000 ago where I was short

I tend to wonder...These "big wigs" at bank or hedge funds who have been saying that gold is overvalued. Who are they? Who are they to say what is and what is not? They cannot truly have a pulse on what the rest of the world thinks of gold, they are just making statements, which moves the price of the commodity. It's criminal.

Is gold truly over-valued, and will it hit less than $1K per ounce based on the supply and demand of the world markets in the next few months?

A maddening ideal. When large banks sneeze, everyone reacts? Lemmings off a cliff comes to mind.

The following user says Thank You to HoopyTrading for this post:

Closed Thread



futures io > > > How I Trade For a Living

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Introducing iSystems with Stage 5 Trading

Apr 27

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

Prototyping Python Strategies (part 2) w/Ran Aroussi

Elite only

Ask Me Anything w/Raymond Deux @ NinjaTrader

May 3

An Afternoon with FIO member Softsoap

Elite only
 

Machine Learning & Data Mining Bias w/Kris Longmore @ Robot Wealth

Elite only

Brannigan Barrett (TBA)

Elite only

FIO member Gomi (TBA)

Elite only

FuturesTrader71 (TBA)

Elite only

EasyLanguage Programming w/Chris @ ABC Trading Group

Elite only

Portfolio Diversification w/Brendon Delate

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
I love trading for a living Jdesey Beginners and Introductions 4 September 11th, 2015 12:38 PM
living as a nomad TickedOff Off-Topic 23 April 1st, 2015 02:28 AM
Living in Gratitude rahulgopi Psychology and Money Management 2 February 27th, 2015 07:23 PM
One-fifth of US children are living in poverty kbit News and Current Events 0 September 13th, 2012 09:37 PM
after 5 years' day trading, what else can i do for a living? chiplee Traders Hideout 3 September 13th, 2011 05:04 AM


All times are GMT -4. The time now is 06:37 PM.

no new posts
Page generated 2017-04-27 in 0.13 seconds with 21 queries on phoenix via your IP 23.20.91.30