OneUp Trader Evaluation ($50,000) - Lead's Trading Journal - Trading Journals | futures io social day trading
futures io futures trading


OneUp Trader Evaluation ($50,000) - Lead's Trading Journal
Updated: Views / Replies:5,094 / 44
Created: by lead Attachments:17

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 100,000 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
 17  
 
Thread Tools Search this Thread
 

OneUp Trader Evaluation ($50,000) - Lead's Trading Journal

  #11 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

061917 Trade (Monday)

Today monday was quite exhausting for me since I had my first setup after 5 intensive hours of staring at the screen (I know )

Anyway, I started the day by 8:02 am WAT (London session) and wrapped it up by about 2:52pm (Just after the start of New york session).

I waited for about 5 hours before I could see a high probability setup based on my trading system. I took only one trade for the day considering it is monday (snail pace and filled with so much uncertainty, guess traders are yet to get over their weekend break).

My entry from the chart below is based on 2 basis

1. The break of a bullish trendline. I waited for all the bullish bars to form and the reason for the wait is because I could not vouch for any high probability buy trade based on my setup. And another reason why sentiment was bearish is because price was close to the high of Last friday.

2. Second entry pullback - This setup is really good but it requires patience. At times, the new trend may not give one a clear opportunity to join other traders ride the trend.

During the weekend, I tried to understudy order flow. Quite interesting I must say. So in today's trade, I put on the SuperDOM to have a feel. Though my trades were not based on the information I could perceive from the order flow data, I believe it is a very useful tool if one have a proper understanding of its implementation.

I'm considering adding it to my trading arsenal once I get a good grasp of the concept of order flow setup.


I stopped trading for the day because I realized I was having a bad migraine and entering a trade after 7 hours of staring at the screen may not be a good idea.

Result: +15 ticks

Wishing you all the best in your trades.

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_19.png  
Reply With Quote
 
  #12 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

062017 Trade 1

Today being tuesday, I expected traders to have figured out where their trades would be placed. I envisioned a momentum today because of yesterday's Newyork session.

It was a typical day and I executed 2 trades for the day.

Trade 1:

The trade was based on a break of a bullish trendline (This bullish trend was more like a retracement based on the primary trend which is bearish in nature). The probability of that setup was increased because of the bearish nature of last night. I entered the trade at about 10:29am WAT and exited at about 11:41am WAT. My exit was facilitated because of the price action proximity to the low of the day. So I felt it was advisable to exit at that point. The market actually moved more than 90 ticks after my exit.

Am I disappointed about this? Not really. I have come to accept that the market has numerous opportunities to offer. Some will be caught and some will slip through one's fingers and even some opportunity will betray you. The most important thing is sticking to my rule.


Trade Result: +15 ticks

See chart below

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_20.png  

Last edited by lead; June 20th, 2017 at 08:40 AM.
Reply With Quote
The following user says Thank You to lead for this post:
 
  #13 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

062017 Trade 2


I tried to look for a comfortable pullback based on my SL after the break of the day's low.

I couldn't find any that meets my trading setup. Guess the bears were so ferocious. Once I noticed the momentum has greatly slowdown ( I know this by the number of bears and bulls present), I was on the lookout for a small retracement since the probability of reaching my TP (of +20 ticks) have greatly diminished.

I managed to scalp +8 ticks. Time of Entry - 11:33 am WAT, Time of Exit - 11:41am.


Trade result: +8 ticks.

See chart below...


Wishing you all a good trade day.

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_20-b.png  
Reply With Quote
 
  #14 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

062117 Trade one

Today was another interesting day, I must say.

I started the day at about 7:59 am WAT.

Entered a sell order at 9:06 am my time after a retracement and exited at about 9:22 am with +3 ticks win. An error occurred while placing the trade due to my internet connectivity. My Stop order could not be filled, so I had to use market order. The moment I clicked the market order, both the stop and market order were filled, meaning I'm now trading 4 contracts instead of the usual two. I must admit my internet service is quite poor.

Result: + 3ticks.

Chart below

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_21.png  
Reply With Quote
 
  #15 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

Trade 2 and 3

Trade 2:

Entered a sell order at about 14:09 pm my time because of a break of the bullish trendline. I exited at 15:00 with a -10 ticks loss. The trade was virtually in an equilibrium state because of high anticipation of the traders as a result of the incoming crude oil inventory news.

Result : - 10 ticks.


Trade 3:

Now this is my first attempt of trying something like this. I traded the news with a buy stop since from my findings (research), I believe there will be an initial strong bullish sentiment because of the Iranian news (that was released 2 hours back). My bullish sentiment was also backed by the news event of last week. Last week during the news, the bulls were in charge for like say 10-15 seconds, this spike can be very profitable if you're in the winning end.

I'm not a fundamentalist but the sentiment was too strong to ignore. I did set my TP of 40 ticks and SL of 10 ticks at about 15:28 my time (2 minutes before the news). The trade lasted barely 10 seconds and I was out with a +40 ticks.

The secret to this trade is that I set my mind for a loss while placing this trade, so I believed that helped me to face any outcome whatsoever.

Result : + 40 ticks.


Chart below for Trade 2 and 3

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_21-b.png  
Reply With Quote
 
  #16 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

062217 Trades

Yet another interesting day. Started trading at about 7:58 am my time and closed for the day at about 3:06 pm.

Followed my setup but broke a few rule that cost me.

The third trade was filled rage, so the trade was emotionally placed. I pray to be very disciplined soonest. But I will give kudos to myself for accepting the loss and went on to call it a day.

All trades occurred in the space of 1 hour. So that's a red flag there.

Trade one was based on a based on the break of a bullish trendline. The SL used was 12 ticks. This factor was considerate for me to have ignored the trade. As you might have rightly guessed, it was a lost trade. My rule could have saved me if only I adhere to it.

Trade two was a retest to the broken bullish trendline. This setup was okay but I guess the bulls were really hitting on cylinders. I managed to scalp out 4 ticks.

Trade three was a revenge trade. I am disappointed in myself but at the same time, I give myself kudos to stop when I ought to stop. I bought a break of the support line. I lost 10 ticks in this trade.

General trade outcome = - 18 ticks.

The market took back some of my profits of yesterday . Well, tomorrow is another day.

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_22.png   OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_22-b.png  
Reply With Quote
 
  #17 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

062317 Trade (Friday)

As we all know fridays can be

I was in the market as early as 7:52 am my time (WAT). From my observation of the market, I decided I was going to scalp out the little the market has to offer

Anyway, Here goes the summary.

After waiting for about 5 hours, I traded my first by 1:01 pm. I will encourage anyone reading this to try to sit in front of their computer screen for at least 3 hours to see how the market plays out. The market is the best teacher out there, spending quality time with it will aid your learning.

I know for CL, the volatility set in between 8:30 am EST - 10:30 am EST (Newyork time) but still I insist trading from the London open down to when the market is at its peak.

The amount of information you can get from this practice is immense. This act will

1. Strengthen your resolve to remain disciplined. Imagine staring at the screen for 5 hours without placing a single trade. Now think about that.

2. The hours you spend viewing and analyzing the chart consciously or unconsciously build your patience attribute.

3. You are building the professional trader trait. Let me let you on a secret. Professional traders can spend all the whole day viewing the chart without placing a trade for that day. I hope to get their someday.


Trade one: It was a rangy today, so I targeted sell setup at the top with the aim of scalping between 4-10 ticks.
The first trade ended by 01:11 pm with a +6 ticks scalp.

Trade two: Entered at about 1:54 pm and exited at about 14:01 pm with a scalp of +4 ticks.


Total ticks: +10 ticks.

This week was good and I am getting closer to my objective (Profit target)

My aim next week is to improve on my trading skill and learn from the shortcomings of this particular week.

Do have a great weekend ahead.

Quote form Stoicism

Practice yourself, for heaven's sake in little things, and then proceed to greater. Epictetus


Chart is attached below

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_23.png  
Reply With Quote
The following user says Thank You to lead for this post:
 
  #18 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

06262017 Trade (Monday)

I opened up my chart at about 8:03 am WAT. All the trade setup are pullbacks.

The approach today was based on scalping rather than waiting for my TP to be hit. I will like to state here that on modays and fridays, I prefer a TP of 15 ticks if TP were to be hit.


A total of 4 trades were taken today and all were based on sell setup. No need going through all trades in details because they are all based on the pullback setup.


Trade 1: I took this trade in a haste considering the signal bar used to enter the trade is not much of a reversal bar (and it is even bullish in nature). My SL was hit then after 2 ticks or so, it continued in the predicted direction.

Entered at about 10:04 am and SL was hit by 10:07 am

Trade outcome = - 11 ticks

Trade 2: Entered at about 5 minutes after the first trade. The market moved 12 ticks my way then showed a strong sign of reversal, so I exited with +4 ticks.

Trade outcome = + 4 ticks

Trade 3: Pullback setup , supported by a break in a strong bullish trendline. Exited with a +11 ticks profit

Trade 4: Based on pullback and a retest of a resistant zone. Scalped out +7 ticks


Total Trade Outcome - + 11 ticks.

Because the trades were much in my own definition, proposed commission of $5 by OneUp Trader reduced my profit margin drastically. But I'm grateful for what the market was able to give me today.


I have included a chart showing all trades since the trades occurred frequently.


Quote for the Start of the Week

Proverbs 21:5 - The plans of the diligent lead surely to advantage, But everyone who is hasty comes surely to poverty.

Have a great day.

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_26.png  
Reply With Quote
 
  #19 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

062717 Trade 1

If you did trade the Crude Oil today or still at it, I believe you have an ideal of how erratic the market was today. Not an impressive day I must admit but that says alot about the fluidity of the market.

I started the day by 8:01 am.

Had only one trade. It was taken at 2:00pm and exited with a small scalp of 3 ticks at 2:35pm


Trade outcome: + 3 ticks.

It is far better than a losing day if you ask me.

Chart attached...

Believing tomorrow will be better.

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_27.png  
Reply With Quote
 
  #20 (permalink)
Trading Apprentice
Lagos/Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Crude CL
 
Posts: 26 since May 2017
Thanks: 4 given, 22 received

Lesson from Mr. Ungrateful


I could have just walked away
I could have just stick to my rule
Well, my wish can not rewrite my mistake
Next time, I should remain grateful.


Anyway, after making my last post, that inner voice that represents the negative charge of we human being whispered.

I choose to write this so anyone can learn from it especially myself.

I opened my chart back to see if an opportunity exist after calling it a day. It took me less than a minute to put in trade. The result ofcourse is deserving.

God and nature were merciful to me cos the ATM strategy was not selected so I was only trading 1 lot size.

The market in less than a minute moved 27 ticks against my direction.

Trading is simple but never easy. I hope my journal entry will remind me of my pitfalls and help me to climb to being a professional trader soonest. This is roughly my 5th year in the futures market.

I know the technicalities but not having a proper psychological stance could prove detrimental.

The market went 27 ticks against me because there was no SL considering I did not use my ATM strategy for entry.


Well that is it for now. And yes, I'm calling it a day.


Au revoir for Now


Chart attached...

Attached Thumbnails
OneUp Trader Evaluation (,000) - Lead's Trading Journal-cl-08-17-800-tick-2017_06_27.png  
Reply With Quote
The following user says Thank You to lead for this post:

Reply



futures io > > > OneUp Trader Evaluation ($50,000) - Lead's Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Battlestations! Show us your trading desks w/GFF Brokers ($750 in Prizes)

January
 

Trading Preparedness w/GFF Brokers

Jan 22
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
OneUp Trader / MES Capital / FuturesProfile (the owner lies about his identity) sas75 Trading Reviews and Vendors 263 September 17th, 2018 07:36 PM
Getting Started Trading with 1,000.00 Using Ninja Trader 1800lund Traders Hideout 138 June 13th, 2018 02:06 PM
My 50,000 Continuous Combine through TopStepTrader! TradersGlory Trading Journals 8 April 16th, 2015 10:24 PM


Tags
al brooks, algo, atm, atm strategy, breakouts, cl, commission, crude, crude oil, data, dow, elite, ema, es, feedback, fibonacci, futures, indicator, indicators, information, ira, journal, macd, margin, market order, momentum, oneuptrader, order flow, pats, patterns, price action, professional trader, profit target, profitable, psychology, research, resistance, retracement, retracements, reversals, scalper, scalping, second entry, sentiment, signal, strategy, superdom, switch, tick, tick chart, trading, trading discipline, trading journal, trading plan, trading system, trendline, trendlines, volatility

All times are GMT -4. The time now is 11:46 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, 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 2019-01-23 in 0.14 seconds with 14 queries on phoenix