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 47,120 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)
  #281 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

ES took 2 trades today. First one was executed perfectly. Second one was a roller coaster ride. Looked like that will lose. I did one mistake. My weekly target of 40 ticks was achieved after first trade. So I should have just stopped strategy. Anyway ES bot got 47 ticks this week. My weekly targets are achieved and I will stop ES bot for this week.

CL bot has not taken any trades from last 2 weeks. I think it's not making sense to continue with it. I am going to write similar bot on QM this weekend and see how it behaves.

I did not take any live trades on M6E today. market was too choppy in afternoon. I did not feel comfortable. It was correct decision. I would have lost another IB trade.

Attached Thumbnails
Click image for larger version

Name:	05Oct2011_1630.jpg
Views:	102
Size:	110.8 KB
ID:	51044   Click image for larger version

Name:	05Oct2011_1511.jpg
Views:	93
Size:	100.7 KB
ID:	51045   Click image for larger version

Name:	05Oct2011_1440.jpg
Views:	104
Size:	97.4 KB
ID:	51046  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to safin for this post:

Can you help answer these questions
from other members on futures io?
Wrong tick size?
Treasury Notes and Bonds
NT8 - Footprint Chart adding on code
NinjaTrader
 
 
(login for full post details)
  #282 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

Today no bot was running. My weekly targets are achieved in SIM.

I did one live trade on M6E but then exited quickly at breakeven because I realized it was against the trend. I made right decision. It could have been a loser.

Attached Thumbnails
Click image for larger version

Name:	06Oct2011_1639.jpg
Views:	105
Size:	116.6 KB
ID:	51138   Click image for larger version

Name:	06Oct2011_1623.jpg
Views:	108
Size:	105.0 KB
ID:	51139  
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)
  #283 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received


No trades today. M6E was behaving oddly today around several news. So just stayed away.

Happy thanks giving and have a great weekend.

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)
  #284 (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: 32,681 given, 99,582 received


safin View Post
Happy thanks giving and have a great weekend.

Enjoy your weekend.



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:
 
(login for full post details)
  #285 (permalink)
 shodson 
OC, California, USA
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,969 since Jun 2009
Thanks: 533 given, 3,683 received


safin View Post
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.

What your doing is called "graybox trading." This is a combination of using manual discretion and blackbox/automated trading. The discretion is usually used to determine if the market conditions are ripe for trading opportunities based on your perception of the markets. What is automated is the execution of your trade plan once you feel the conditions are ripe.

I think this is the best of both worlds because you are using your mind to determine market conditions but avoiding potential psychological problems of pulling the trigger and minimizing execution errors.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to shodson for this post:
 
(login for full post details)
  #286 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

I was off trading this week. So did not post anything here. I am developing a new strategy on E7 (mini Euro). I am scrapping my strategy on CL because it's not working. So now I will have one bot on E7 and one on ES as before.

Have a good weekend.

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)
  #287 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

No trades today on both ES and E7 bots.

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)
  #288 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

ES bot took 1 trade today. It was good for 14 ticks. E7 bot did not trade today.

I tried to enter a manual live trade on M6E around 3pm on IB breakout of 60 mins chart. But then breakout did not happen for 30-40 minutes. So I cancelled that trade. Later on it was a huge winner.

Attached Thumbnails
Click image for larger version

Name:	ES_18Oct2011_160000.png
Views:	93
Size:	53.3 KB
ID:	52441   Click image for larger version

Name:	M6E_18Oct2011_160000.png
Views:	92
Size:	50.0 KB
ID:	52442  
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)
  #289 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received

Market was too choppy in afternoon. ES bot took one trade and it was a loser. Still waiting for first trade on E7 bot. Friday is options expiration day. And historically I have seen that options expiration week is usually choppy or not tradable. Let's see how goes tomorrow.

Attached Thumbnails
Click image for larger version

Name:	ES_19Oct2011_160000.png
Views:	84
Size:	52.5 KB
ID:	52601   Click image for larger version

Name:	M6E_19Oct2011_160000.png
Views:	94
Size:	51.3 KB
ID:	52602  
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)
  #290 (permalink)
 safin 
London, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, CL Futures
 
Posts: 273 since Jun 2010
Thanks: 147 given, 340 received


Down market in morning and then it went up in afternoon. ES took 1 trade today after 3pm. It got 15 ticks. Still no trades for E7 bot. I am thinking of revising E7 bot this weekend. No live trades today on M6E. There was one chance to go long in afternoon around 1pm. But I did not take it because it was a counter trend trade.

Tomorrow is Friday and options expiration day. So I will not trade.

Have a good weekend.

Attached Thumbnails
Click image for larger version

Name:	ES_20Oct2011_160000.png
Views:	96
Size:	55.9 KB
ID:	52716   Click image for larger version

Name:	E7_20Oct2011_160000.png
Views:	113
Size:	50.7 KB
ID:	52717   Click image for larger version

Name:	M6E_20Oct2011_160000.png
Views:	93
Size:	48.7 KB
ID:	52718  
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