Safin's Trading Journal - futures io
futures io



Safin's Trading Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one safin with 259 posts (329 thanks)
    2. looks_two Big Mike with 29 posts (26 thanks)
    3. looks_3 Jeff Castille with 22 posts (22 thanks)
    4. looks_4 Fat Tails with 9 posts (16 thanks)
      Best Posters
    1. looks_one Fat Tails with 1.8 thanks per post
    2. looks_two safin with 1.3 thanks per post
    3. looks_3 Jeff Castille with 1 thanks per post
    4. looks_4 Big Mike with 0.9 thanks per post
    1. trending_up 46,514 views
    2. thumb_up 422 thanks given
    3. group 16 followers
    1. forum 352 posts
    2. attach_file 382 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Safin's Trading Journal

(login for full post details)
  #261 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,182 since Jun 2009
Thanks: 32,680 given, 99,536 received

Welcome back

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:

Can you help answer these questions
from other members on futures io?
value chart indicator by sim22
NinjaTrader
need help with easy language OR breakout code:)
Traders Hideout
mahDualCandlePattern
NinjaTrader
Tips for directional bias during Asian Session?
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
44 thanks
How many day traders are profitable?
29 thanks
Why you should move from futures to forex
15 thanks
Attached Orders
13 thanks
fx "traders" hate real profitable traders
8 thanks
 
(login for full post details)
  #262 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

CL IB strategy took 2 trades today. 1 BE and 1 Loss before lunch. When second trade was entered by strategy, I was monitoring it and had a feeling that it's going to lose. Reason was a big IB before this trade that was going other way. But I did not try to interfere with strategy and let it do what it is coded to do. In afternoon I allowed strategy just to go for shorts, but there were no trades taken. I was a bit confused on weather I should continue, then decided to stop trading for the day at 1.40pm.

I have set-up another BOT on ES with same IB logic. But this one runs on 15 mins chart. I don't babysit this BOT too much because I am more concentrating on CL bot for now. ES bot had 12 ticks today. It's an experimental one. If it works consistently for 2 months I will consider trading it.

Attached Thumbnails
Click image for larger version

Name:	12Sep2011_1205.jpg
Views:	112
Size:	119.3 KB
ID:	49076   Click image for larger version

Name:	12Sep2011_1516.jpg
Views:	99
Size:	104.8 KB
ID:	49077   Click image for larger version

Name:	12Sep2011_1546.jpg
Views:	113
Size:	104.7 KB
ID:	49078  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to safin for this post:
 
(login for full post details)
  #263 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received


I have started reading Brett Steenbarger's "Daily Trading Coach" recommended by Big Mike in his thread. It's very interesting one. Hoping to get some more insights on my psychological behaviour and patterns when I am trading.

Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to safin for this post:
 
(login for full post details)
  #264 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,182 since Jun 2009
Thanks: 32,680 given, 99,536 received


safin View Post
I have started reading Brett Steenbarger's "Daily Trading Coach" recommended by Big Mike in his thread. It's very interesting one. Hoping to get some more insights on my psychological behaviour and patterns when I am trading.

Let us know what you think.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #265 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received


Big Mike View Post
Let us know what you think.

Mike

I have not read it completely but this is no doubt a great book. When I started trading as a newbie, I never realized that psychology has such a big role in trading. Anyone new to trading must read and understand Brett's book. I am reading this after losing money. There are some great tips that you can apply before you start your day with trading.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #266 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

CL was looking choppy today. In afternoon it started moving down. So I allowed to make only shorts. But somehow afternoon IB got trapped and resulted in stop loss.

ES bot did not take any trades today. There were 2 IBs on ES, but their profit targets were inside S/R areas, strategy did not trade them.

Attached Thumbnails
Click image for larger version

Name:	13Sep2011_1205.jpg
Views:	112
Size:	110.5 KB
ID:	49200   Click image for larger version

Name:	13Sep2011_1405.jpg
Views:	109
Size:	104.2 KB
ID:	49201   Click image for larger version

Name:	13Sep2011_1530.jpg
Views:	123
Size:	100.6 KB
ID:	49202  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to safin for this post:
 
(login for full post details)
  #267 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

I would like to know your thoughts on discretionary strategy like what I am doing right now. I control strategy myself on when to trade and when not to trade. My reason for going for a discretionary strategy is that I do not want to give complete control to bot and blindly wait for outcome. I tried that before and it was not profitable. At the same time I don't know how my discretionary strategy approach will work out. Did anyone tried that? If so please provide some feedback.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #268 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

CL was in range during morning and looked very choppy. So I did not allow strategy to make any trades today. I made the right decision.

ES bot took 2 trades. first one was BE. It was a winner if there was no BE allowed in my strategy. But I don't want to change it for now as this may not be safe all the time. Second trade was spot on in afternoon. Perfect entry exits.

I am thing ES bot is making more mature decisions and require less attention from my side. Let's see how it does in next few days.

I think there are lot of people who has developed strategies and then gave up. I would like to know reasons behind that. If it's already discussed somewhere on this site please provide link to discussion.

Attached Thumbnails
Click image for larger version

Name:	14Sep2011_1205.jpg
Views:	108
Size:	107.2 KB
ID:	49320   Click image for larger version

Name:	14Sep2011_1405.jpg
Views:	94
Size:	99.8 KB
ID:	49321   Click image for larger version

Name:	14Sep2011_1627.jpg
Views:	109
Size:	99.0 KB
ID:	49322  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to safin for this post:
 
(login for full post details)
  #269 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

I did not allow CL bot to take any trades today. I was not confident with movements of CL before options expiration day tomorrow. I did right thing as you can see most IBs were losers. I have noticed that usually options expiration week is not good for trading. This week ended up in negative territory for CL bot.

ES bot took 1 trade today but it was BE only. I will not be trading tomorrow because of options expiration day. Time to read some stuff.

Attached Thumbnails
Click image for larger version

Name:	15Sep2011_1205.jpg
Views:	107
Size:	110.5 KB
ID:	49382   Click image for larger version

Name:	15Sep2011_1405.jpg
Views:	102
Size:	101.1 KB
ID:	49383   Click image for larger version

Name:	15Sep2011_1630.jpg
Views:	103
Size:	111.6 KB
ID:	49384  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to safin for this post:
 
(login for full post details)
  #270 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received


I would give myself an 'F' grade for trading today. I was extremely busy with work. I should have just stopped strategies from running. That's because I can not monitor market when I am busy and when it gets choppy bot may take unnecessary trades. Anyhow, CL took one trade today that was a loser. Looking at the chart later, I concluded that I may have allowed that trade anyway. I have been testing CL bot over 4 months now. First 4 months were blindly running bot without any monitoring. Looking at it's past performance I feel that 5 mins chart is producing too many wrong signals. I am leaning toward 15 mins chart now. I will keep trading this bot for may be 1 or 2 weeks more and see if any change in performance. ES bot on 15 mins chart is more accurate so far. It's supporting 15 mins chart.

ES bot did not take any trade today.

Attached Thumbnails
Click image for larger version

Name:	19Sep2011_1205.jpg
Views:	100
Size:	116.6 KB
ID:	49603   Click image for larger version

Name:	19Sep2011_1405.jpg
Views:	112
Size:	115.3 KB
ID:	49604   Click image for larger version

Name:	19Sep2011_1805.jpg
Views:	91
Size:	81.5 KB
ID:	49605  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to safin for this post:


futures io Trading Community Trading Journals > Safin's Trading Journal


Last Updated on March 30, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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