無 ZEN Trading - Trading Journals | futures io social day trading
futures io futures trading


無 ZEN Trading
Updated: Views / Replies:1,253 / 20
Created: by emptymind Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

無 ZEN Trading

  #1 (permalink)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received

無 ZEN Trading

This journal is going to be focused on intraday trading. Simply making myself "available" to seize whatever the market offers me.

My main focus of this thread is to start a systematic approach to trading in which I try to remain Zen-like when it comes to trading. Over the years, I've acquired my own edge to pinpoint key levels in the market in which more often than not, tends to work out.(Usually ends up being the best trades for the day) However weaknesses such as impatience, or fear/greed, etc tends to cause my own destruction. I still have yet to overcome this wall, but when I do...I believe I will finally make it to the next level of Consistency.

About 3 years after I first started trading, I thought I was going to become the next market wizard. Especially 2011, I pinpointed almost every move and made more money than most college kids could think of.....but little did I know that market's don't always act like that and was extremely humbled in a low volatile environment like 2013.

Now why did I mention that? It's because during 2011 when I felt God-like...I picked up "Trading in the Zone" and my review was, " As for me, I don't have any fear in trading and wanted to learn more about the psychology of trading, holding on to positions, etc.....but its mainly on the initial act for traders who don't have any balls....
To traders that have balls and have been trading successfully, stay away."

How cocky I was..... and how humbling the markets have made me. It was only recently in which I've had great market analysis, but started to have a psychological gap(biggest losing streak in years), did I start re-reading "Trading in the Zone." Now just like when I was a chart virgin and couldn't understand the squiggly lines on it, I finally started to understand what this book really meant.

Anyways, I am creating this journal for myself to remain disciplined to the "Trading in the Zone" approach and philosophy.
To remain in a neutral calm state of mind(Zen) with a winning attitude(Pete Caroll from Seahawks) and the patience of Tokugawa Ieyasu.


Last edited by emptymind; November 23rd, 2016 at 12:34 AM.
Reply With Quote
The following 4 users say Thank You to emptymind 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)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received


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


Testing out Ninjatrader. So far I love the platform over IB. Looking to make the change pretty soon or at least integrate. Current U.S. session.

Reply With Quote
 
  #4 (permalink)
Elite Member
Oakland, CA
 
Futures Experience: Intermediate
Platform: IB, TOS
Favorite Futures: ES
 
Posts: 195 since Jul 2015
Thanks: 185 given, 313 received

無 ZEN Trading


emptymind View Post

Testing out Ninjatrader. So far I love the platform over IB. Looking to make the change pretty soon or at least integrate. Current U.S. session.


Why do you prefer it over IB?


Sent from my iPad using futures.io mobile app

Reply With Quote
 
  #5 (permalink)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received


Redhouse View Post
Why do you prefer it over IB?


Sent from my iPad using futures.io mobile app

The charts are really clean and beautiful. I feel like I am just seeing price, instead of emotions or being emotional.
I feel like TWS is really clunky, same with booktrader. In fact I currently use TOS charts alongside IB.

That being said, I just realized the cost of NT so probably wont make the switch. Right now, I am just taking trades off my current setup, but then switch over to NT(visually) to be calm and less emotional in the trade.

Reply With Quote
 
  #6 (permalink)
Elite Member
Oakland, CA
 
Futures Experience: Intermediate
Platform: IB, TOS
Favorite Futures: ES
 
Posts: 195 since Jul 2015
Thanks: 185 given, 313 received

無 ZEN Trading


emptymind View Post
The charts are really clean and beautiful. I feel like I am just seeing price, instead of emotions or being emotional.
I feel like TWS is really clunky, same with booktrader. In fact I currently use TOS charts alongside IB.

That being said, I just realized the cost of NT so probably wont make the switch. Right now, I am just taking trades off my current setup, but then switch over to NT(visually) to be calm and less emotional in the trade.


I too use TOS alongside IB. I agree, TWS is not great for charting but I'm currently satisfied with orders. There are things TOS won't do so I'm looking at NT and Sierra Chart but no rush here either.


Sent from my iPad using futures.io mobile app

Reply With Quote
 
  #7 (permalink)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received

Sim results so far. By waiting for high probability trades, and fading extreme fear/euphoria, sim results are going pretty well compared to live account. I need to treat my live account more like I'm trying to impress someone(like getting funded by showing results) instead of oh lets gamble here and there, by taking marginal trades.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).
amazing

Just wanted to note for my own self that whenever I chase, trying to catch the "move", I end up getting hurt a lot. So if my goal is to become a professional, I need to stop doing that. Also that if I end up losing on a trade, to stop being stubborn and let it go, not to get back in the same direction on that losing trade, unless I am 100% convinced it is the right trade. I plan to review my winners and losers of this week on my live account and try to tweak my performance.

One setup that I got extremely frustrated on was Thursday night of Asia session.
I saw a classic H&S forming so shorted near the high of the right shoulder. First it was attempting a higher low near the neckline area, but bears took back control...Then we pierced the neckline, but quickly came back up so I was forced to cover(noted in picture below). Then on the break of the neckline, I reshorted but with 2 contracts, waiting for intermediate target to hit(white line)....but it did not... It just stayed still for hours and then came back up to the neckline.....we pierced above it and market was barely moving...so I covered 1 contract for a loss. Then it just chopped under the neckline for hours.... and I had to cover since I needed to get some sleep for the U.S. session. Of course later in Friday's U.S. session, we get the drop. Don't really know what I could have done better in the trade. Maybe just let it go after it was acting strange compared to what normally happens? As Douglas once wrote, it was probably really frustrating since I had a lot of "expectations" regarding the trade and regarding the H&S pattern.

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

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


Last edited by emptymind; December 16th, 2016 at 07:23 PM.
Reply With Quote
The following user says Thank You to emptymind for this post:
 
  #8 (permalink)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received

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

Reply With Quote
 
  #9 (permalink)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received

Took some losses in the morning, but managed to climb back up. Increased the # of contracts trading now.

Things I need to improve on: Just because I was bearish biased doesn't mean, I should be shorting near the open in case I "miss out" on the down move. Wait until bulls take it to an extreme level where most bears have given up, then short.....wait until everything coincides on the major indexes. Need to work on my patience more. One good thing I did today was being able to hold onto a position for longer than average by listening to the tape. Anyways, markets are coiling for a breakout relatively soon. Which way? No idea.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by emptymind; December 19th, 2016 at 03:59 PM. Reason: Updated latest trades for session
Reply With Quote
 
  #10 (permalink)
Trading for Fun
San Diego California
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
Posts: 127 since Oct 2015
Thanks: 23 given, 44 received


This morning NT7 was having problems with TopStepTrader, couldnt place any orders. Maybe all of you were having similar problems? Eitherways I missed some nice trades on sim due to that technical difficulty aka shorting CL!

Anyways I was positioned on the right side for GC and YM but I got out of GC right before it tanked...and same with YM. I need to learn to FREAKING HOLD MY POSITIONS for a decent move, not just a few ticks. ALSO, BE MORE PATIENT WITH HOLDING. BUY INTO FEAR. SELL INTO EUPHORIA. NEED TO GET THIS INTO MY HEAD.

I need to place a trade, set my stop, and not stare at the screen. Could have maybe gotten really close to the 9k mark....oh wells


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 user says Thank You to emptymind for this post:

Reply



futures io > > > 無 ZEN Trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading flipper26 Trading Reviews and Vendors 5 August 6th, 2012 01:19 AM


All times are GMT -4. The time now is 08:37 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 2017-07-25 in 0.19 seconds with 19 queries on phoenix via your IP 54.198.106.21