Counting the Cost - Trading Journals | futures io social trading
futures io futures trading


Counting the Cost
Updated: Views / Replies:752 / 15
Created: by dwatkin235 Attachments:14

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
 14  
 
Thread Tools Search this Thread
 

Counting the Cost

  #11 (permalink)
Trading Apprentice
Knoxville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader
Favorite Futures: ES, CL, GC
 
Posts: 13 since Sep 2016
Thanks: 5 given, 18 received

Another Attempt

Since some were having trouble seeing my pictures, I'm attempting to upload them again. I've basically got it organized into three tabs in an excel file: the Summary Sheet, Trade Ledger, and Trade Details.


There is a dashboard at the top of each sheet to help navigate the workbook easily.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).




The Summary Sheet has a NinjaTrader style summary table and a chart that both respond to all the data in my journal, as well as the commission schedule and tax rate I select:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



The Trade Ledger is where my spreadsheet pulls the NinjaTrader data into, so it is formatted very similarly to what you see in the NinjaTrader "Trades" section. Each drop down arrow in my journal is a category by which I can filter the data:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



The Trade Details sheet is the real "journal" part of the workbook. It is where I place comments, add links to online reports, and include pictures (screenshots) of the charts:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



I hope these pictures will post correctly and that this inspires you to start recording your trades if you haven't already!


Last edited by dwatkin235; September 4th, 2016 at 05:31 PM.
Reply With Quote
The following user says Thank You to dwatkin235 for this post:
 
  #12 (permalink)
Trading Apprentice
Knoxville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader
Favorite Futures: ES, CL, GC
 
Posts: 13 since Sep 2016
Thanks: 5 given, 18 received

Trade Journal in Action

I include screenshots of my NinjaTrader trades inside my trade journal. The screenshot appears as I scroll over the trade comments.

Two trades today:

CL got stopped then went my direction:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


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

Reply With Quote
The following 3 users say Thank You to dwatkin235 for this post:
 
  #13 (permalink)
Trading Apprentice
Phoenix, AZ/USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Crude (CL)
 
Posts: 26 since Aug 2016
Thanks: 197 given, 31 received



dwatkin235 View Post
Hey everyone,

Luke 14:28-30 says:

28 For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it? 29 Otherwise, when he has laid a foundation and is not able to finish, all who see it begin to mock him, 30 saying, ‘This man began to build and was not able to finish.’

I want to be able to count the cost and finish well. I export my trades from NinjaTrader into excel and use it to help me count the cost. However, I haven't taken many screen shots of my NinjaTrader window in the past, and I'm going to try to improve upon that here. I'll also include screen shots of how I use excel to help me, because that's where my real "journal" has always been.

I appreciate any input you all have and look forward to learning as much as we can together!

Dan


Love the scripture reference! Thank you

Reply With Quote
The following user says Thank You to StressFreeTrader for this post:
 
  #14 (permalink)
Trading Apprentice
Knoxville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader
Favorite Futures: ES, CL, GC
 
Posts: 13 since Sep 2016
Thanks: 5 given, 18 received

Good Day in Market Replay

I've been working overtime lately so I had to settle for market replay today. Pretty bullish morning in crude, so I treated it like a range day--buying low and selling high.

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



5 for 5 trades at 2 contracts each for $490 profit, $448.20 after fees, and about $345.11 after taxes:

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

Reply With Quote
 
  #15 (permalink)
Trading Apprentice
Knoxville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader
Favorite Futures: ES, CL, GC
 
Posts: 13 since Sep 2016
Thanks: 5 given, 18 received

Cumulative Summary

I'm certainly more careful in my trade selection, knowing that it will be seen by all of you! Here's the trade summary from my trade journal:

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

Reply With Quote
 
  #16 (permalink)
Trading Apprentice
Knoxville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader
Favorite Futures: ES, CL, GC
 
Posts: 13 since Sep 2016
Thanks: 5 given, 18 received

Playing the Range from the Morning

Often the first few swings can define the course for the trading day, or at least the morning hours. I stopped after two swings within the range because I saw weakness reaching the other side of the channel.

Two good trades, total time commitment: 15 minutes. Total return: $270.

For CL during this contest I am keeping it simple: trading two contracts, one with a target of five ticks and another with a target of ten ticks. The strategy moves to break-even after the first target is hit. My stop is always 10 ticks.

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 > > > Counting the Cost

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

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

May
 

Prototyping Python Strategies (part 2: Backtesting) w/Ran Aroussi [special time: 1PM ET]

Elite only
 

Portfolio Diversification w/Brendon Delate @ Diversify Portfolio

Elite only

An overview of volumetric analytical tools w/Sergey Sokolov @ PTMC

Elite only

John Hoagland (TBA)

Elite only

FuturesTrader71 Extended Ask Me Anything (AMA)

Elite only

Pete @ Jigsaw Trading (TBA)

Elite only

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
KISS Trade Journal Sep 1st 2016 thru Sep 30th 2016 - First Journal of my Life gdplus1 Trading Journals 16 September 22nd, 2016 10:27 AM
Trade Journal robertda45 Vendors and Product Reviews 2 August 17th, 2016 09:20 PM
how to plot spread between CL 08-14 and CL 09-14 ? rleplae NinjaTrader 15 July 28th, 2014 11:25 AM
Sam's 14 day Journal; FX Spot, Intro sam0182 Trading Journals 20 November 18th, 2012 02:58 PM


All times are GMT -4. The time now is 07:36 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-05-24 in 0.12 seconds with 20 queries on phoenix via your IP 54.162.136.26