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$5,000 Live trading account challenge - CL & ES


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$5,000 Live trading account challenge - CL & ES

  #131 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
Platform: IB & NinjaTrader
Broker: Interactive Brokers
Trading: ES, CL
Posts: 733 since Jul 2013
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aquarian1 View Post
Hi mastadee,

On day 1 you posted the IB account window (after Trade 1 and 2 = $65.84) giving a starting ac bal of $5157.16??
Could you post a current account window - Tks!

Hi @aquarian1

here it is:


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  #132 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
Platform: IB & NinjaTrader
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Trading: ES, CL
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xplorer View Post
Nice recovery

have you got an idea of the total number of trades you have taken since you started this 5k account?


You too have a good w.e.

yea in total it's been 93 trades so far, counted on Ninja summary but this includes about 5 ES trades and 10 2lot trades.

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  #133 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
Platform: IB & NinjaTrader
Broker: Interactive Brokers
Trading: ES, CL
Posts: 733 since Jul 2013
Thanks Given: 1,262
Thanks Received: 3,029


Just had 2 trades so far as I'm still figuring out how to get my charts working. It seems that I can't load historical data for the last week and I have a big gap on my higher time frame charts. Hate it as I'm kind of "blind". Already reset DB and used reload-historical data but it seems it's all not working. Pretty annoyed as I've been trying for the last 2 hours....

Anyways here are the trades:




Trade 1:

Entry: 46.40
Stop: 46.32

Entered with the assumption that we made lows just before the open and then traded up and back towards the OR-L but never touched and quickly bounced higher, hence bought and thought we should go higher. Pretty slow though and I booked +6 as I thought we might just come back to my entry. We did go back to the entry but then took off towards 46.70ish. Ok trade

Trade 2:

Entry: 46.45
Stop: 46.37

When we traded to the RTH high and then quickly came back into the OR which then held twice, thought I'll go long and hoped that OR-H would hold as support. Was trading near my entry for a while and was almost stopped out as it came down to 46.38 but quickly back up to my entry and I booked +5 at 46.50. It was so slow thought we would see some resistance. Seconds later it traded higher and my initial target of +10 was hit...stupid as I didn't let my ATM work for me...oh well

I don't like these really slow days as it just messes with my patience. Also ES has been trading only within a 5pt range so I'm just sitting on my hands for now...

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  #134 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
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Broker: Interactive Brokers
Trading: ES, CL
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No more trades for me and I call it a day. Was hoping for a bit of movement on ES but it's been in such a tight range, so won't trade it anymore. CL just closed its Nymex session and yeah in hindsight you can say that I missed a couple of opportunities but as mentioned earlier in TSJ, I don't like days where volume is split across 2 contract months. Hence, tomorrow or Wednesday should be back to normal.

Here is the table and daily P&L:



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  #135 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
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Trading: ES, CL
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Well, nothing really much to say only that I was a bit hesitant and wasn't as aggressive with my entries due to the split volume. In the past I had some bad experiences on these days, so since a couple months I just take it easy on "split-days". Overall, okish day, didn't break any rules besides that I took my trades off too early. Well one trade would be out at +4 and the 2nd would be out at +10. So Yea I limited myself from more profits...

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  #136 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
Platform: IB & NinjaTrader
Broker: Interactive Brokers
Trading: ES, CL
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here are the summaries from IB and Ninja:



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  #137 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
Platform: IB & NinjaTrader
Broker: Interactive Brokers
Trading: ES, CL
Posts: 733 since Jul 2013
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added my account overview as well as I got a question last week to show account balance



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  #138 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
Platform: IB & NinjaTrader
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Trading: ES, CL
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Morning all, here is prep sheet for today

Also it's contract roll-over on CL, we are now trading the September contract!

Attached Thumbnails
,000 Live trading account challenge - CL & ES-07-18-2017.pdf  
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  #139 (permalink)
 
mastadee's Avatar
 mastadee 
Mexico City, Mexico
 
Experience: Advanced
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Trading: ES, CL
Posts: 733 since Jul 2013
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Just entered a short as it looked like a good double top on the 5min chart and we couldn't really trade higher through OR-H and yday-high.




Entry: 46.97 (Stop limit order)
Stop: 47.05

Entered with a stop limit order as I thought if even $47 will hold then it would be more likely that we could break through the highs from earlier. It came down so I was filled and never went above even 47 again, then quickly onside +5T and auto BE moved stop to +1 where I was stopped out in the end. Target was hit later...annoyed

Well, waiting for the next set-up...

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  #140 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
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mastadee View Post
Target was hit later...annoyed

By now you must be a handful of trades short of your 100 target, so you can reassess your ATM

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Last Updated on October 5, 2017


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