NexusFi: Find Your Edge


Home Menu

 





Accountable to myself


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one MarkB with 147 posts (50 thanks)
    2. looks_two Rrrracer with 8 posts (6 thanks)
    3. looks_3 Grantx with 7 posts (6 thanks)
    4. looks_4 xplorer with 5 posts (2 thanks)
      Best Posters
    1. looks_one roadahead with 1.5 thanks per post
    2. looks_two Grantx with 0.9 thanks per post
    3. looks_3 Rrrracer with 0.8 thanks per post
    4. looks_4 MarkB with 0.3 thanks per post
    1. trending_up 17,442 views
    2. thumb_up 73 thanks given
    3. group 5 followers
    1. forum 146 posts
    2. attach_file 2 attachments




 
Search this Thread

Accountable to myself

  #1 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

Thought it'd be wise to make a journal as I've been going through a rough patch lately. We'll see if this helps.

For the most part, I'm a tapereader but I augment that with other stuff too. I guess that makes me discretionary. However, I tend to do poorly when I disregard the tape... and I've been doing that a lot lately. I am an extremely emotional trader so forgive me in advance for any profanity. I loathe to lose.

Anyway, hopefully I can start this up tomorrow. I trade a bit of everything, some days stocks, some days futures, forex... recently, I've just been in stocks and futures. Not really sure how to make a journal so I'll just pretend I'm talking to myself and go from there...


Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Build trailing stop for micro index(s)
Psychology and Money Management
Futures True Range Report
The Elite Circle
 
  #3 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64


Okay, so a little bit about me before the day starts.

I traded prop for a bit but the environment in the firm I traded was really restrictive. I've always kind of swam against the current, so there wasn't a lot of leeway for someone who traded 'differently'. I found, however, when I went on my own, that I did better because I was free to use my imagination. Prop was an equities only gig and we weren't allowed to use charts so I learned to trade using level 2 and the tape. So basically that's my style. All the guys in my firm were tapereaders and they were all scalpers which I can do also... but building into a position and whacking the market for a decent trade is more my preference and much more challenging. However, I'm down pretty bad this month so perhaps scalping my way into some confidence is a better plan.

I only generally watch ONE tape throughout the day, the SPY's, and I trade off of that. If I'm trading another stock, depending on what kind of play it is, I will watch a different tape. But for the most part, I am watching for plays on the SPYS and then interpreting what I see and translating that into plays elsewhere. I use charts only for one thing and from what I read on various forums, it is not the reason that people normally use charts. Suffice it to say, I won't be sharing.

Anyway, enough about that. Onward and upward...

Reply With Quote
Thanked by:
  #4 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

long the es 2732.5. Thought I saw someone trying to hold the level at .50 on the spsys

Reply With Quote
  #5 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

Out 34.5

Reply With Quote
  #6 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

Big seller at 273.90. Been waging this war since the close last night.
Not ready to pull the trigger on a sale yet, the market wants 274 badly.

Reply With Quote
  #7 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

Long again 31.25

Reply With Quote
  #8 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

In a bad spot here. looks like the seller reappeared at 273.20. If the level doesn'nt break soon, I have to dump this.

Reply With Quote
  #9 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64

cuk this im' out

Reply With Quote
  #10 (permalink)
MarkB
Ontario, Canada
 
Posts: 136 since Jan 2014
Thanks Given: 0
Thanks Received: 64


Trying to figure out how to get my chart to show trade markers so that I don't clutter up the thread with my thoughts. For what it's worth, I'm short at 2732.50. And waiting to see what happens.

Reply With Quote




Last Updated on April 14, 2018


© 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