NexusFi: Find Your Edge


Home Menu

 





EdgeTrader Journal ES/MES


Discussion in Trading Journals

Updated
    1. trending_up 2,712 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 15 posts
    2. attach_file 32 attachments




 
Search this Thread

EdgeTrader Journal ES/MES

  #11 (permalink)
Medge91
london ontario
 
Posts: 25 since Jul 2015
Thanks Given: 6
Thanks Received: 11

Well this has been a good test of my system when it doesn't agree with the market. This is my largest daily loss yet with these rules. It was a FED day but I've traded through them before, and survived. My rule is to exit any trades 10 min before the announcement. The increase in ATR widened my stops and a steep slope allowed for a larger stop that got hit. Hit my three loss rule and stopped trading for the day. I know draw downs are inevitable just disappointing when I start this journal with a draw down.

Been playing with Bloodhound and hoping to get some signals going soon.


(pasted screenshot)

Attached Thumbnails
Click image for larger version

Name:	MES 06-20 (987 Volume) 2020_06_10 (9_09_40 PM)123456.png
Views:	177
Size:	229.9 KB
ID:	301450   Click image for larger version

Name:	MES 06-20 (987 Volume) 2020_06_10 (9_10_19 PM)7890.png
Views:	194
Size:	261.2 KB
ID:	301451  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
27 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #12 (permalink)
Medge91
london ontario
 
Posts: 25 since Jul 2015
Thanks Given: 6
Thanks Received: 11

This post is for Thursday's trades. I was able to trade in the morning but then had some life issues to take care of, and haven't been able to post in my journal.

There was a total of 14 trades witch a large number of trades for my methods. I have tried to reduce the number of trades my system makes. Through the history of my trading life I have found that the days I trade the least usually lead to larger profits. So I have tried to find ways to reduce the number of trades and feel that is also helps reduce the commission fees. However days like today still seem to happen, at least it was a profitable day, and managed to turn my monthly stats into positive territory.

I am curious about other traders if they find it generally more profitable reducing the number of trades.




(pasted screenshot)

Attached Thumbnails
Click image for larger version

Name:	MES 06-20 (987 Volume) 2020_06_11 (4_51_57 PM)1_9.png
Views:	176
Size:	119.3 KB
ID:	301728   Click image for larger version

Name:	MES 06-20 (987 Volume) 2020_06_11 (5_14_49 PM)10-14.png
Views:	190
Size:	108.4 KB
ID:	301729  
Reply With Quote
  #13 (permalink)
Medge91
london ontario
 
Posts: 25 since Jul 2015
Thanks Given: 6
Thanks Received: 11


A day like today is boring as far as trading, but these are the types of days that give be faith in my methods. I have to believe that my method will produce profits. The last few weeks have been a test for the method I use. Very small profits and slow grind into a negative cumulative profit. It really takes a toll on my mental ability to keep taking trades when I loose faith. Currently most of my trades are in hindsight which I know will be different in live trading. But this is why I am working hard to make my method with rigid rules that leave very little to my discretion, and something that I can hopefully program with bloodhound.


(pasted screenshot)

Attached Thumbnails
Click image for larger version

Name:	MES 06-20 (987 Volume) 2020_06_12 (10_14_04 PM).png
Views:	179
Size:	211.8 KB
ID:	301731  
Reply With Quote
  #14 (permalink)
Medge91
london ontario
 
Posts: 25 since Jul 2015
Thanks Given: 6
Thanks Received: 11

One trade premarket. I hate the idea of holding a trade thru the open, but have decided that they can be profitable. Only two other trades for the rest of the day, but both being profitable and making this month look so much better.


(pasted screenshot)

Attached Thumbnails
Click image for larger version

Name:	MES 06-20 (987 Volume) 2020_06_15 (5_07_02 PM).png
Views:	190
Size:	158.2 KB
ID:	301779  
Reply With Quote
  #15 (permalink)
Medge91
london ontario
 
Posts: 25 since Jul 2015
Thanks Given: 6
Thanks Received: 11

Today June 16 I had data issues so no real trades were able to happen. Not sure how I would handle this in a real live trading situation. Being in Canada I don't have a huge selection of brokers to use. I use IB with NT8 but IB's tic data sucks and doesn't allow for me to back fill. I should find another way to get tic data for situations like this. I used to use AMP futures but NT8 no longer works with them. I should do some research into this.

Bottom line is no trades today


(pasted screenshot)

Reply With Quote
  #16 (permalink)
Medge91
london ontario
 
Posts: 25 since Jul 2015
Thanks Given: 6
Thanks Received: 11

Been having difficulty finding the time to trade the past few days. Have to record some days of no trading. They are not "No Trade" days, just days I wasn't able start the system up and record the data. The early morning trade I marked I have not recorded in the spreadsheet, just sometimes I like to review how the market treats my system in the over night hours. My system can really get beat up on some days and this is one of them. A total of 8 trades and a loss of just over 8 points. I have to stick to the rules and take the trades, no matter what my gut feeling tells me.

Attached Thumbnails
Click image for larger version

Name:	MES 09-20 (987 Volume) 2020_06_19 (4_26_39 PM).png
Views:	181
Size:	193.1 KB
ID:	302107   Click image for larger version

Name:	MES 09-20 (987 Volume) 2020_06_19 (4_26_57 PM).png
Views:	183
Size:	193.5 KB
ID:	302108   Click image for larger version

Name:	MES 09-20 (987 Volume) 2020_06_19 (4_27_12 PM).png
Views:	183
Size:	169.4 KB
ID:	302109   Click image for larger version

Name:	Annotation 2020-06-22 202955.png
Views:	184
Size:	32.0 KB
ID:	302110  
Reply With Quote




Last Updated on June 22, 2020


© 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