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Dralion's Journal - Getting TST Funded


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Dralion's Journal - Getting TST Funded

  #71 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106

Checklist
⎫ Morning Ritual
⎫ Financial News
⎫ Economic Calendar
⎫ Workspaces (Setup + Month)
⎫ Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
⎫ Read Rules
⎫ Oath
⎫ Breath !!!

Notes
¬ EIA Petroleum Status Report 10:30 AM ET
¬ ZB Bullish . NQ Bearish . GC Bullish Topping . CL Strong Bullish

Trades
1. 9:38 CL 2 Short … 9:55 +$62
2. 9:44 NQ Short … -$21
3. 9:57 Acum +$41
4. 10:13 NQ 2 Short … Acum $99
5. 10:18 NQ Long 4 … According to Indicators … Acum - 400
6. 10: 20 GC Long 3 … Acum – 200
7. 10:50 NQ Short 4 … Acum – 115
8. 11:05 NQ Short 5 … Acum + 253
9. 11:23 NQ Short 4 … + GC Scratch … Acum =$320
10. 11:51 NQ Short 2 … Acum +4
Summary
What Did I do Right?
¬ Patience and Discipline
¬ Didn’t Trade Against Major Trends
¬ Didn’t move Stops

What Did I do Wrong?
¬ Still Not Allowing for the Move to Finish … Take Profits too Quickly

How Can I Improve?
¬ Wait for the Move to Finish … My Indicators are working Fine … Don’t Move the Targets
¬ Have a more clear plan on Sizing the Trade …

Homework
o Improve Mkt Structure Workspace … It should be more Visual
o Review / Adjust ATRs on System





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  #72 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106

Checklist
• Morning Ritual
• Financial News
• Economic Calendar
• Workspaces (Setup + Month)
• Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
• Read Rules
• Oath
• Breath !!!

Notes
➢ Jobless Claims 8:30 AM ET
➢ PPI-FD 8:30 AM ET
➢ Consumer Sentiment 10:00 AM ET
➢ Mkt Structure: CL Bullish/Mixed . ZB Bullish/Consolidating . NQ Bearish . GC Bullish
➢ @ 9:37 Internet Issues
➢ Trading TOO Aggressive … Revenge Trading … Very Bad …
Trades
5. 9:45 CL Short 2 -77
6. 9:47 ZB Short 1 +90
7. 9:51 GC Short 3 +138
8. 10:05 CL Long 2 … Too Close to Support .. Entry on Indicators … SL on Volume Node … +73
9. 10:09 Acum +224
10. 10:19 GC Short 2 SL
11. 10:21 NQ Long 2 -17
12. 10:22 ZB Short 2 SL
13. 10:40 -$360
14. 10:47 CL 3 Long … Clear Entry … Short Targets
15. 11:20 -$980
16. 2:09 -$411.01
17. I ran like a Lion instead of Hunting like a Cougar … Wait for the Perfect Prey …
18.


Summary
What Did I do Right?
➢ Kept Calm ... Confident on my Indicators

What Did I do Wrong?
➢ Over Trade

How Can I Improve?
➢ Better Discipline

Homework
o Test New Internet System


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  #73 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106


Checklist
• Morning Ritual
• Financial News
• Economic Calendar
• Workspaces (Setup + Month)
• Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
• Read Rules
• Oath
• Breath !!!

Notes
➢ News:
o Empire State Mfg Survey 8:30 AM ET
o Housing Market Index 10:00 AM ET
➢ Will Trade according to Mark Douglas Recommendation … With a Probabilistic Mindset …
➢ My System is not Totally ready but will try it

Trades
1. Took about 20 Trades According to System … Not Guessing
2. Some Challenges with ATMs … After Trades going my way the SL adjusts too close to Price and Creates Problems
3. Stopped Trading at Noon then a Few Trades with the Same Methodology at the Close
4. Green on $388

Summary
What Did I do Right?
➢ Really Tried to Get in and Out According to the Indicators and ATMs
➢ Minimal Guessing … Took all the Entries I could.
➢ Kept Calm

What Did I do Wrong?
➢ Traded from Home using Teamviewer … Not the way to do it !!! … Just because originally I was to use SIM
➢ Not very Clear on the Way I was going to Trade and Didn’t define the Max Loss for the Day … Need to Create some Table to Determine the best way to do it
➢ The Process is not Yet well defined, therefore the more prudent way is to use SIM first
➢ I have not review ATMs and therefore I am still Uncomfortable during the Trades

How Can I Improve?
➢ Practice Entries according to the System
➢ I really like this ‘Methodology’ of Trading from a Probabilistic Mindset feels ‘Right’ to me

Homework
o Practice the Methodology with Market Replay
o ATMs Adjustment
o Decide how many Instruments to Trade at the Same Time … Perhaps only GC and NQ




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  #74 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593


dralion View Post
Checklist
• Morning Ritual
• Financial News
• Economic Calendar
• Workspaces (Setup + Month)
• Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
• Read Rules
• Oath
• Breath !!!

What are:
Oath,
Breath!!

Thanks.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Reply With Quote
  #75 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106


aquarian1 View Post
What are:
Oath,
Breath!!

Thanks.

The following Chart I have at my Tradestation ... Rules, Oath (My Pledge to Trade) ...



Hope it Helps ... Good Trading

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  #76 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106

Checklist
 Morning Ritual
 Financial News
 Economic Calendar
 Workspaces (Setup + Month)
 Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
 Read Rules
 Oath
 Breath & Keep Calm !!!

Notes
 Jobless Claims 8:30 AM ET
 Philadelphia Fed Business Outlook Survey 8:30 AM ET
 NQ Bullish . CL Bearish Bouncing . GC Bearish Swings . ZB Bullish Long Breaking / Bearish
 9:33 Technical Issues
 Go for Perfect Execution !!! … Trade the Signal …

Trades
 Combine Initial Balance $2,580
1. 9:42 ZB 2 Long W
2. 9:51 GC 3 L … too fast big issues in the Trade … Big Hit …
3. Many Quick Moves … Not Exactly In Tune
4. Too Good Trades … Keeping Calm ..
5. 10:15 Acum -$230
6. 11:13 Acum +$270
7. 11:52 Acum + $467
Summary

What Did I do Right?
 Traded the Plan
 Stopped at the Hour
 Entries According to System

What Did I do Wrong?
 Cutting Profits Too Short
 Don’t let Runners Run

How Can I Improve?
 Practice leaving the Runner according to ATM

Homework
o Review ATMs

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  #77 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106

Checklist
 Morning Ritual
 Financial News
 Economic Calendar
 Workspaces (Setup + Month)
 Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
 Read Rules
 Oath
 Breath & Keep Calm !!!
Notes
Initial Balance $1,827
 Housing Starts 8:30 AM ET
 Industrial Production 9:15 AM ET
 Trading According to System … Only Problem Still Letting them Run
 Feeling Good … But Still need to Improve Execution … Don’t Guess …
 Hard to Catch all Signals on Four Instruments …
 Will Need to Decide which ones to Trade ….
 Also Need to Have a more Clear Exit …
Trades
14. 10:04 +$284
15. 10:12 +$578
16. 10:21 +$782
17. 10:27 +$574
18. 10:47 Even
19. 11:35 +$280
20. 12:00 + $364
21. Final +$532

Summary
What Did I do Right?
 Committed to Trading According to Probabilities
 Good with the Discipline

What Did I do Wrong?
 Need a System to Get in on the Trades … Use Raven ?
 Out of Sync

How Can I Improve?
 More Mechanical System

Homework
o Test Raven According to System
o Install NT8 + BPT Indicators



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  #78 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106

Checklist
 Morning Ritual
 Financial News
 Economic Calendar
 Workspaces (Setup + Month)
 Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
 Read Rules
 Oath
 Breath & Keep Calm !!!
Notes
Initial Balance $2,360
 EIA Petroleum Status Report 10:30 AM ET
 Concentrate on Setups … Keep Calm
 On CL Report Day best to Trade after 11am … Only Loser
 I was Trading May Instead of June … Need to pay more attention

Trades
8. 9:44 -$144
9. 11:30 +$165
10. 12:00 +$73 NT Crash
11. Traded the Close
12. Final Result +$220
13. Getting Better at the Probabilistic Mind

Summary
What Did I do Right?
 Waited for the Entry
 Keeping a Probabilistic Mind
 My Complete Daily Rituals
 No Revenge Trading

What Did I do Wrong?
 Got the Wrong Month for CL … Rookie
 Anticipated many Trades … Getting Before Complete Signal
 Different Trade Size according to my ‘feeling’ of the Trade that is not Probabilitic

How Can I Improve?
 Practice Entries and Stay According to System

Homework
o Market Replay



Started this thread Reply With Quote
  #79 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106

Checklist
 Morning Ritual
 Financial News
 Economic Calendar
 Workspaces (Setup + Month)
 Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
 Read Rules
 My Pledge to Trading
 Breath & Keep Calm !!!

Notes
 Jobless Claims 8:30 AM ET
 Philadelphia Fed Business Outlook Survey 8:30 AM ET
 NQ Bullish . CL Bearish Bouncing . GC Bearish Swings . ZB Bullish Long Breaking / Bearish
 9:33 Technical Issues
 Go for Perfect Execution !!! … Trade the Signal …

Trades
 Combine Initial Balance $2,580
1. 9:42 ZB 2 Long W
2. 9:51 GC 3 L … too fast big issues in the Trade … Big Hit …
3. Many Quick Moves … Not Exactly In Tune
4. Too Good Trades … Keeping Calm ..
5. 10:15 Acum -$230
6. 11:13 Acum +$270
7. 11:52 Acum + $467
Summary

What Did I do Right?
 Traded the Plan
 Stopped at the Hour
 Entries According to System

What Did I do Wrong?
 Cutting Profits Too Short
 Don’t let Runners Run

How Can I Improve?
 Practice leaving the Runner according to ATM

Homework
o Review ATMs

The Following are the Results Total and Per Instrument, and below the Charts that tell the Story ...

Need to Let the Run ....












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  #80 (permalink)
 
dralion's Avatar
 dralion 
La Paz, Mexico
 
Experience: Intermediate
Platform: NT7
Broker: Ninjatrader
Trading: NQ, CL, GC, ZB
Posts: 82 since Jun 2016
Thanks Given: 22
Thanks Received: 106


Dralion ... My Journey to Be Funded

In the Following pages I will share with you my method of trading, this method is based on a few years of hard and serious work, a method based on a precise system using what I consider to be the best indicators for my Platform Ninjatrader.

I have been working on getting funded for 18 months, and after many account resets I am ready to complete my Journey to get funded with Topstep Trader.

As a matter of fact, I want to use my system with the selected indicators and Ninjatrader to give the opportunity to a different life to many individuals in Mexico.

So I invite you to be a part of this Journey ....


Dralion, La Paz Baja Sur Mexico

Summary

What Did I do Right?
➢ Discipline
➢ Traded the System

What Did I do Wrong?
➢ Econoday from Sunday was not Right …
➢ Two Entries before Signal

How Can I Improve?
➢ Practice con Mkt Replay

Homework
o Study a way to shorten time of Mkt Structure … Takes too long … Simplify Charts and
o Think about All In – All Out

The following are the charts of Today's Trading:


My Result was very much acceptable, but as you can see my Exits where much earlier than my System's Signal



Gold



ZB



NQ



CL


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Last Updated on May 2, 2017


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