Consistency + Execution - futures io
futures io



Consistency + Execution


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one westeggcapital with 3 posts (10 thanks)
    2. looks_two bobwest with 1 posts (4 thanks)
    3. looks_3 snax with 1 posts (4 thanks)
    4. looks_4 Fu510n with 1 posts (0 thanks)
    1. trending_up 1,097 views
    2. thumb_up 18 thanks given
    3. group 4 followers
    1. forum 5 posts
    2. attach_file 2 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

Consistency + Execution

(login for full post details)
  #1 (permalink)
westeggcapital
Seattle Washington
 
 
Posts: 4 since Nov 2016
Thanks: 2 given, 10 received

Hi all -

I've been on learning about trading for a few years and have recently seen some consistency. I find the driver of this consistency is good execution and when I simply want to execute well. I don't care about my PnL whatsoever.

My good days come from when I want my execution chart to be clean - and if someone were to ask, I could easily explain the execution without a million other *overtrades* cluttering the chart.

I'm not sure what format I'll be using for my posts but I'll try to post here regularly and answer some questions. I am not sure how actively engaged I will be with participants of this thread.

My intention with this post is to hold myself accountable in a public forum of more serious traders - not twitter traders. And I intend to slowly if not completely leave twitter, where I met a handful of incredible traders monumental in my development.

See you all Monday.

Reply With Quote
The following 6 users say Thank You to westeggcapital for this post:

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(609 thanks from 61 posts)
looks_twoSalao's Journalby Salao
(155 thanks from 28 posts)
looks_3Learning to Profit - A journey in algorithms and optionsby Syntax
(115 thanks from 27 posts)
looks_4Deeteeís DAX Trading Journal (time based)by Deetee
(94 thanks from 30 posts)
looks_5Maybe a little bit different journalby Malykubo
(53 thanks from 32 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
I finally blew up an account
524 thanks
The Crude Dude Oil Trading System
78 thanks
Spoo-nalysis ES e-mini futures S&P 500
63 thanks
The tiyfTradePlanFactory indicator
25 thanks
Building a Crypto Mining Rig
18 thanks
 
(login for full post details)
  #2 (permalink)
 Fu510n 
Suffield, CT
 
Experience: Advanced
Platform: MultiCharts, TS, Python
Broker: IB, IQFeed, TS, Kraken
Trading: ES, NQ, RTY, YM, CL, RB, 6E
 
Fu510n's Avatar
 
Posts: 116 since Oct 2009
Thanks: 826 given, 116 received


westeggcapital View Post
Hi all -

I've been on learning about trading for a few years and have recently seen some consistency. I find the driver of this consistency and good execution is when I simply want to execute well. I don't care about my PnL whatsoever.

My good days come from when I want my execution chart to be clean - and if someone were to ask, I could easily explain the execution without a million other *overtrades* cluttering the chart.

I'm not sure what format I'll be using for my posts but I'll try to post here regularly and answer some questions. I am not sure how actively engaged I will be with participants of this thread.

My intention with this post is to hold myself accountable in a public forum of more serious traders - not twitter traders. And I intend to slowly if not completely leave twitter, where I met a handful of incredible traders monumental in my development.

See you all Monday.

Sounds like "One Good Trade" by Mike Bellafiore - a good read if you haven't read it already if only for confirmation that you're on the right track .

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #3 (permalink)
westeggcapital
Seattle Washington
 
 
Posts: 4 since Nov 2016
Thanks: 2 given, 10 received



Fu510n View Post
Sounds like "One Good Trade" by Mike Bellafiore - a good read if you haven't read it already if only for confirmation that you're on the right track .

Thanks a lot fu510n! I have heard of it but haven't gotten the chance to read it yet.

Its like a light switch - when I focus on PnL and trying to bump it up to that next level I fall back and need to reset. But when I am just focused on executing - I trade incredibly well. Hopefully I'll have a ton of examples regarding the latter and very little regarding the former

Reply With Quote
The following 3 users say Thank You to westeggcapital for this post:
 
(login for full post details)
  #4 (permalink)
 snax 
Legendary Market Wizard
Chicago
 
Experience: Beginner
Platform: Sierra Chart
Broker: Edge Clear
Trading: MES
 
snax's Avatar
 
Posts: 1,591 since Feb 2019
Thanks: 6,353 given, 6,363 received


westeggcapital View Post
Thanks a lot fu510n! I have heard of it but haven't gotten the chance to read it yet.



Its like a light switch - when I focus on PnL and trying to bump it up to that next level I fall back and need to reset. But when I am just focused on executing - I trade incredibly well. Hopefully I'll have a ton of examples regarding the latter and very little regarding the former



I can relate to this for sure. Focusing on pure execution is definitely where I am seeing improvement on my path, for right now I also trade a position size that I donít care about so that the money is an afterthought...scaling up as long as I am consistent and not regressing.

I look forward to following your journal.


Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to snax for this post:
 
(login for full post details)
  #5 (permalink)
 bobwest 
Site Moderator
Sarasota FL
 
Experience: Advanced
Platform: Sierra Chart, NinjaTrader
Trading: ES, YM
 
bobwest's Avatar
 
Posts: 6,479 since Jan 2013
Thanks: 49,057 given, 21,718 received


westeggcapital View Post
Its like a light switch - when I focus on PnL and trying to bump it up to that next level I fall back and need to reset. But when I am just focused on executing - I trade incredibly well. Hopefully I'll have a ton of examples regarding the latter and very little regarding the former

I think this is most traders' experience. Focusing on the money pretty much ensures the money doesn't come.

Good to have you posting.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to bobwest for this post:
 
(login for full post details)
  #6 (permalink)
westeggcapital
Seattle Washington
 
 
Posts: 4 since Nov 2016
Thanks: 2 given, 10 received

hi all! since this post 2 back-to-back record days in terms of performance, and birthing this post - i was arrogant and needed to take some time to reset and refocus

i think ive been able to do so after my performance late into last week. gonna share my execution charts from friday and some insights in terms of market and my performance.

i traded very poorly out of the gate. shortly afterwards i took a pause, stepped back, and tried to zoom out and refocus on the bigger picture. i recognized the plan heading into today and the key levels and executed well afterwards. i need to internalize the fact i do not need to trade the first 5-10 mins, i need to NOT trade when the market hasn't even reached a key level yet! i need to recognize the fomo i am experiencing and accept the fact i have fomo - recognizing and accepting fomo will cause me to take a step back, pause, and see the forest for the trees.

i do not have an issue with cutting winners/losers too early. my issue is i attempt too many times with too big a size and/or too tght of a stop. i also experience a lot of fomo throughout the day. i need to understand/internalize that it is ok if i miss the first move/leg. there are 1-4 intraday legs throughout the day so i'll have other chances to get onboard. think about it - i've closed trades today and reopened new ones, in the same direction, that ran in my favor - maybe even less stressfully cause an intraday structure was created i could lean on!

after a rough/poor performance out of the gate - i took a step back, took a breath, and 1- remembered the day's context 2- developed a plan from that context ie. if X holds with a stop to Y, I will be longing dips targeting Z

ES + NQ




im not sure how often i 'll share. any feedback/suggestions is welcomed in terms of my trading and or content of posts.

thanks for reading!

Reply With Quote
The following user says Thank You to westeggcapital for this post:


futures io Trading Community Trading Journals > Consistency + Execution


Last Updated on April 26, 2020


Upcoming Webinars and Events

NinjaTrader Indicator Challenge!

Ongoing

Journal Challenge w/$1,800 in prizes!

May 7

The Cold Hard Truth: Maybe I Am Not Good Enough w/Chris Gray @ Earn2Trade

Elite only
     



Copyright © 2021 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