shodson's Trading Journal - Trading Journals | futures io social day trading
futures io futures trading


shodson's Trading Journal
Updated: Views / Replies:97,467 / 761
Created: by shodson Attachments:947

Welcome to futures io.

(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 Ė 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 donít 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.

-- Big Mike, Site Administrator

Reply
 947  
 
Thread Tools Search this Thread
 

shodson's Trading Journal

  #381 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received


LukeGeniol View Post
I think u misunderstood, I do not think u trade equity, but that u had post a link to equity Gap Trading and u trade futures, so i asked u if u don't think the mechanism for this different market for gap trading is different, so maybe not applicable to futures that have near 24 h trading.
Hope I have been more clear.

I don't remember posting a link to equity gap trading. Gaps in any instrument have powerful effects. Many people fade gaps in equities. In fact, MTG recently released a gap study guide on Google that was very interesting. They are going to be releasing more of these over time on other instruments.

Reply With Quote
 
  #382 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,316 received
Forum Reputation: Legendary


shodson View Post
I don't remember posting a link to equity gap trading. Gaps in any instrument have powerful effects. Many people fade gaps in equities. In fact, MTG recently released a gap study guide on Google that was very interesting. They are going to be releasing more of these over time on other instruments.

since gap is created by stop at some time on previous day and start at some time today I suspect if their stop time was 9:45 am time stead of 9:30 am, the gap will be even bigger and more 'powerful' than a normal gap.

Reply With Quote
 
  #383 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

Finally!


Tuesday, September 14th - Small gap down in ES, took a good chunk of heat but turned around for a small winner.

Happy birthday to my dad today!

ES: 1 win: +6 ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #384 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

Wednesday, September 15th - No gap trades, the gap set-up was just OK. I was actually awake and considered entering long at a price lower than the open, with a small stop, fading the gap, at around 1119.50, which was almost the low of the day, but didn't. But I took a first-hour trade, fading the highs of the day. I went for a better entry so I entered in later than normally, but before that there was a push that went 3 ticks from what was the target, so in hindsight perhaps I should have canceled my order, but that's Monday-morning quarterbacking. Either way, it would have been a loss, and because I got a little better entry my loss was smaller than what it would have been.

ES: 1 loss: -14 ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #385 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

Monday, September 20th - Just didn't work. Especially bummed since I missed 6 winning gap trades on Thu and Fri of last week on ES, YM and NQ. Was out of town on Thursday and just too tired Thursday night to set up Friday's trades. It motivated me to set up my trading server so I can remote desktop into it and setup my trades no matter where I am, any time of day. Got the server installed at the co-lo on Saturday, needs some more RAM though before going live with it.

ES: 1 loss: -20 ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #386 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

A pair of extended target winners

Tuesday, September 21st - The YM winner took a little longer to materialize. Thanks to FOMC comments for whipping the market around in my favor.

ES: 1 win: +15 ticks
YM: 1 win: +33 ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #387 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

Tuesday, September 22nd

YM: +23 ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #388 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

Wednesday, September 23rd

YM: +74 ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to shodson for this post:
 
  #389 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,255 received

Wasteful Weekend Worrying

Friday, September 24th - I took a first-hour trade with a 4pt target and 4pt stop, but Friday's Globex market closed for the weekend without ever hitting my target or stop, which usually doesn't happen. Unfortunately, I wasn't near my computer and failed to get out of the trade before the weekend close, so I was sweating bullets that Sunday's Globex open would hurt me with a huge gap down due to unforeseen news event. However, I was fortunate that the market opened slightly higher then quickly shot up 5-6pts in my favor. Soon after the open I put in a limit order to sell with a 6pt gain and my target was hit.

I'm taking greater precaution by making sure my trades are closed out before RTH, especially over a weekend, primarily by automating the management and entry of these setups. I'll also soon be putting these on my trading server at my co-lo so I can remote into them and manage them from anywhere, instead of from my home PC. I know I can set up remote desktop on my home PC too, but I have other issues (kids that want to play games on my computer, less reliable power and internet connection, etc) with running these things from home. This is a business, not a hobby, treat it as such.

ES: 1 win: +24 very lucky ticks

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to shodson for this post:
 
  #390 (permalink)
Just starting out...
Holyoke, MA
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: AMP/Zen-Fire
Favorite Futures: ES & 6E
 
Posts: 4 since Aug 2009
Thanks: 1 given, 0 received

Time Exit


I'm sure you know this, but with Ninja you can set up a time exit for all your trades. I have that programed on my Dom to exit all my trades at 4:14 PM EST so that I will not carry a trade overnight.

Reply With Quote

Reply



futures io > > > shodson's Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
shodson's Trade Strategy Ideas shodson Elite Automated Trading 11 June 10th, 2011 01:58 PM
shodson's MetaTrader journey shodson MetaQuotes MetaTrader MQL Programming 5 August 18th, 2010 07:17 PM
Shodson HHLLReversal vegasfoster NinjaTrader 2 June 15th, 2010 05:33 AM
J's Trading Journal jinhar Trading Journals 43 April 23rd, 2010 08:15 AM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 08:32 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-12-15 in 0.18 seconds with 20 queries on phoenix via your IP 54.234.247.118