NexusFi: Find Your Edge


Home Menu

 





Smartblonde ES Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Smartblonde with 34 posts (28 thanks)
    2. looks_two Traderjohnsblog with 12 posts (5 thanks)
    3. looks_3 paps with 5 posts (5 thanks)
    4. looks_4 aquarian1 with 3 posts (3 thanks)
      Best Posters
    1. looks_one rahulgopi with 1.7 thanks per post
    2. looks_two paps with 1 thanks per post
    3. looks_3 Smartblonde with 0.8 thanks per post
    4. looks_4 Traderjohnsblog with 0.4 thanks per post
    1. trending_up 9,491 views
    2. thumb_up 50 thanks given
    3. group 11 followers
    1. forum 63 posts
    2. attach_file 18 attachments




 
 

Smartblonde ES Journal

 
 Smartblonde 
Grand Rapids, Michigan
 
Experience: Advanced
Platform: Tradestation... NT
Trading: ES
Posts: 41 since Jul 2017
Thanks Given: 69
Thanks Received: 44


rainmonkey View Post
Hey man, I just started day trading ES too, I think you should add volume to your charts - it usually helps you see where consolidation points are.

After reading some of the things Big Mike and others have wrote about on this forum, I decided to do away with most of the indicators on my charts. Also, not to make any changes to my charts for two week periods. (Both of this ideas have really helped)
I have had volume on some of my previous charts, but it was hard for me to make any correlation between volume and price action (Most of the time it seemed random to me)… I do have one other chart that I look at for consolidation, a Renko Chart… I have also found that the ES can move quickly and it can be confusing for me to look at multiple signals (Indicators) I tend to get conflicting signals… I do thank you for reading and taking the time to comment. Please, let me know how you are doing in your trading…

Visit my NexusFi Trade Journal Started this thread
Thanked by:

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Exit Strategy
NinjaTrader
Deepmoney LLM
Elite Quantitative GenAI/LLM
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
 
 Smartblonde 
Grand Rapids, Michigan
 
Experience: Advanced
Platform: Tradestation... NT
Trading: ES
Posts: 41 since Jul 2017
Thanks Given: 69
Thanks Received: 44


matthew28 View Post
My odds are on Smartblonde being a woman.

Hi Matthew, actually No, I’m not a woman… Smartblonde is my wife, whom I love dearly… She has become quite sick as of late and may soon be unable to work and even function normally… That is why I’ve returned to trading to help offset some of the costs… It has been sometime since I traded and conditions have changed dramatically ( The speed, the volume, the sideways churning…its crazy)
Cheers, from across the pond.

Visit my NexusFi Trade Journal Started this thread
Thanked by:
 
 Traderjohnsblog 
Tampa florida usa
 
Experience: Advanced
Platform: NT
Trading: CL
Posts: 68 since Jan 2017
Thanks Given: 5
Thanks Received: 76



Smartblonde View Post
I try to enter trades where I think I can get 2 points ($200)... In a perfect world, I would have multiple contracts, take a small profit with one or two, then let the other contract(s) run... Finding the ultimate exit, has been alluding...

Consider this. Others will disagree with me and you should consider thier opinions also. My thoughts on multiple contracts and scaling out are mathmatical.

Lets say you go in with two contracts and get stopped out. You took a full two contract loss. Lets then say that you entered with two contracts and the trade went well. Because you scaled out one for a profit you only have one to carry you through the move. Ultimately producing a little more than half the gains that you would if you did not scale out.

Or to put it another way, you taking full losses and only partial gains. Mathmatically over time the odds are against you.

With regard to an exit strategy. Be as detailed as you can in your journal about why you exit and I will take a look and see if I can be of any help.

Sent using the NexusFi mobile app

 
 
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


Smartblonde View Post
Hi Matthew, actually No, I’m not a woman… Smartblonde is my wife, whom I love dearly… She has become quite sick as of late and may soon be unable to work and even function normally… That is why I’ve returned to trading to help offset some of the costs… It has been sometime since I traded and conditions have changed dramatically ( The speed, the volume, the sideways churning…its crazy)
Cheers, from across the pond.

Very sorry to hear the news of your wife.

It's a shame the way the medical costs are so outrageous in the USA.
(In Canada and some other countries you would be covered.)
(I'm big on herbal healing so PM me if you like.)

I wish you all the best of success.
It is very hard to trade with money pressures and ES trading is very tough these days and most days are chop-slop.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal
Thanked by:
 
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532


Smartblonde View Post
Hi Matthew, actually No, I’m not a woman… Smartblonde is my wife, whom I love dearly… She has become quite sick as of late and may soon be unable to work and even function normally… That is why I’ve returned to trading to help offset some of the costs… It has been sometime since I traded and conditions have changed dramatically ( The speed, the volume, the sideways churning…its crazy)
Cheers, from across the pond.

Hello,
I knew there had to be a smart woman involved somewhere.
Seriously though, I am very sorry to hear that your wife is so unwell and apologise that my post has returned your thoughts to what must be a worrying subject for you.
Please accept my sincerest best wishes for the future health of your wife, and for the strength and happiness of your family.
Matthew

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
Thanked by:
 
 Smartblonde 
Grand Rapids, Michigan
 
Experience: Advanced
Platform: Tradestation... NT
Trading: ES
Posts: 41 since Jul 2017
Thanks Given: 69
Thanks Received: 44

Day 14, 08-24-17
Long 1 ES @ 2447.25 @ 08:25 Stop 2445.25…
Why: Small pull-back, then continued trend up (with trend)… Same as yesterday, I don’t normally trade premarket, but it looked like a good opportunity…
Results: Trade was late in the move, ( Had a much better signal @7:13) but went up to 2448.50 (+$62.50)… Then Trade Station platform stopped functioning… AGAIN! … So, I closed out trade… @ 2447.75…+$22.60 Felt fortunate as it could’ve been worse…
Aftermath: Market broke down, would’ve been stopped out… Decided to be done for the day…

Visit my NexusFi Trade Journal Started this thread
 
 Smartblonde 
Grand Rapids, Michigan
 
Experience: Advanced
Platform: Tradestation... NT
Trading: ES
Posts: 41 since Jul 2017
Thanks Given: 69
Thanks Received: 44


matthew28 View Post
Hello,
I knew there had to be a smart woman involved somewhere.
Seriously though, I am very sorry to hear that your wife is so unwell and apologise that my post has returned your thoughts to what must be a worrying subject for you.
Please accept my sincerest best wishes for the future health of your wife, and for the strength and happiness of your family.
Matthew

No worries Matthew...I appreciate the kind thoughts. Thank you.

Visit my NexusFi Trade Journal Started this thread
Thanked by:
 
 Traderjohnsblog 
Tampa florida usa
 
Experience: Advanced
Platform: NT
Trading: CL
Posts: 68 since Jan 2017
Thanks Given: 5
Thanks Received: 76

Are you using market orders or limit orders to enter?

Sent using the NexusFi mobile app

 
 Smartblonde 
Grand Rapids, Michigan
 
Experience: Advanced
Platform: Tradestation... NT
Trading: ES
Posts: 41 since Jul 2017
Thanks Given: 69
Thanks Received: 44


Traderjohnsblog View Post
Are you using market orders or limit orders to enter?

Sent using the NexusFi mobile app

I use both...

Visit my NexusFi Trade Journal Started this thread
 
 Traderjohnsblog 
Tampa florida usa
 
Experience: Advanced
Platform: NT
Trading: CL
Posts: 68 since Jan 2017
Thanks Given: 5
Thanks Received: 76


Which one did you use on the first trade? I am asking because it looks as if it was a market order with a bad fill.

Sent using the NexusFi mobile app


 



Last Updated on September 5, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts