(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 – 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 don’t 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.
28-Sep
--------
Thanks Big Mike. I know what you were trying to explain me. I tried to follow it today. I forgot about real money and treated my account just like SIM. It worked very well.
Total Profit : 310$ (4 trades) First Trade : 170$ (CL, my setup)
Nice resistance line at 76.75. Three dojis with equal bottoms. Perfect setup. Shorted at 76.73. First target 7 ticks, second target 10 ticks.
Second Trade : 20$ (TF, my setup)
Arount 2pm, resistance line at 669. Entered long at 669.1. TF didn't move for a while so I exited with 1 tick on both targets. If I waited some more time, it was a winner.
Third Trade : 160$ (CL, my setup)
After 2pm, nice support at 76.69. two dojis with equal bottoms. Entered short at 76.68. First target 7 ticks, second target 9 ticks with slippage.
Forth Trade : -40$ (TF, my setup)
Around 3pm, nice support at 666. Entered short at 665.9. TF moved 4 ticks, so I moved my stop to -2 ticks. It came back and took my stops. If I didn't move my stops, it was another winner.
After 4th trade, I thought I did too many trades than usual. So decided to stay away. This is my biggest winning day after starting real account.
Last edited by safin; September 28th, 2010 at 10:13 PM.
The following 3 users say Thank You to safin for this post:
29-Sep
-------- Total profit : -220$ (1 trade, TF, my setup)
It wasn't a good day for my setup. I knew that after observing both CL and TF for some time in morning. CL inventory report was at 10.30 and FOMC member was speaking at 1.30pm. I think both news kept market in narrow range and few big moves later.
On TF, around 3.30pm, I drew a support line at 673. It wasn't confirmed by swing indicator but I still went for it. I shorted at 673, TF went 3 ticks and came back to hit my stops. -11 ticks on both targets with slippage of 1 tick.
I should have just kept myself from trading today but I couldn't control myself from taking this entry. I need to bring that discipline again.
The following 2 users say Thank You to safin for this post:
For indices, I am trading in morning 9.30am to 12pm and afternoon 1pm to 4pm est. I don't trade during news time or when I feel market is choppy. I broke that rule yesterday, I knew market was choppy but still attempted to trade.
30-Sep
--------
No trades today. I was busy with personal work. I pulled up charts just now, and I can see that I didn't miss too much. Tomorrow I will be trading again. Let's see how it goes.
Oct-4
------- Total Profit:190$ (TF, 1 trade, my setup)
CL was too choppy today. So decided to go with TF. It was trending a bit before 3pm when Bernake spoke.
Around 11am, I got nice resistance line at 671. Entered short at 670.9. First target of 7 ticks easy. Second trailing stop got hit at 6. But guess what, that was a SIM trade. I forgot to put my DOM in real account. Damn that was a good chance I lost.
After that TF dropped very sharply. Around 12pm, another resistance line at 664.9. Shorted at 664.8.First target of 7 ticks easy, second target of 12 ticks easy. This was an exception. I usually do not trade in lunch time, but I saw increasing volume so decided to go for it.
Good day to start this week, let's see how it goes.
The following 2 users say Thank You to safin for this post:
