NexusFi: Find Your Edge


Home Menu

 





Tiger Stripes Trade Journal April '23


Discussion in Trading Journals

Updated
    1. trending_up 1,051 views
    2. thumb_up 11 thanks given
    3. group 2 followers
    1. forum 13 posts
    2. attach_file 0 attachments




 
 

Tiger Stripes Trade Journal April '23

 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Sideways consolidation. Gap Down On Sunday Open, no considerable attempts at or near Fridays Close Price. In open I am waiting to get a move into higher prices and short at a retracement to the 61.4% level target is below the PM lows.
Go in the run up late and tried to chase the move up after it hit the highs. Did not wait until price reaching my fib level and took small wins only but there was a much better move to be had if I had waiting to the capitulation on the up move w lack of buying interest and catching the retracement.

Tomorrow I will scalp portion of a move I like & wait for a better chance to enter on the setup I see in my PM plans.

Started this thread
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Deepmoney LLM
Elite Quantitative GenAI/LLM
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Day 3

approach was mixed, I was late into the market and one account traded not well, others better but hesitant since I had a something stuck on my mind.

I trade mainly the NQ and wait for a pop on volume on the first 30m on the RTH. I got the opposite and had levels to the upside waiting. I scalped a break of the RTH low 30m into the session which was my trade for the day. since I went in early on one account and got out but at a loss I stopped trading that and scalped a small entry and just played it on sim the rest of the day.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56


Day 4

Today I had levels marked if price appreciated or we saw lower price levels.
I did very well, on the account I needed to recover on I scalped portion on that and to be sure to be safe kept it at a one and done day. On another account I entered short on the expectation of a test of lows into the RTH as well the last 3 days there was a drop and a spike ab 30m into the RTH, that we got today but a little less of a spike up and that move came later in the session and I was done in the first trade again today was a one and one kind of day. Great trade out to the lows of the session inside the first 30m.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Day 5

Plan today not to trade, if I can just entry and a quick exit to count on some opportunities and cover a day in an futures account evaluation.

I knew the news coming out NFP eco report & Unemployment Rate for USA. I simple use a range, set an expectation of move outside of the range on the news release, & that worked well enough I closed the day in profit & ended the week up on my evaluation. I ended the week flat on my funded account but have been working on commission work building bots & indies for people in the community. I very much enjoy learning, creating new things to add to the platform that many people can find.

Next week is a new week, new month starting off fresh, & working on building great habits, trading my system & continued self improvement I get from everything around trading, learning the financial markets &writing my trade journals.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Today was expected less volume & planned to trade less. That did not work as well. I try a new evaluation which did not end well as I had planned so more to learn not to trade emotionally.

I Did trade my funded accounts well, I wait into the open to look for a trend, trading only in the direction of the trend, it was down at open and I wait for a push up but never got that on a extension above my bands, so I opted for a smaller size at the mid point and a directional entry based on the Medium term trend. I got stopped out on two of the trades, and let the sit while I have one going. I manage by mid session get 3 of them PnL where I was done on the day, I had to wait and gather my composure until later in the session and was able to scalp in 3 trades the sum I was down to in profit 1/2 of what I was down. So then I stopped trading the rest of the day, there was opportunity but I was in the space that if I went red again after digging myself out I was unsure how much left i had to do it again, so live to trade another day.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Today day 7

I did not follow my rules well at open. I did not have a clear setup I was interested in and fough w the trades I made, and ended up liquidating my 300K Evaluation w Leeloo Trading.

I defd can do better, that was my focus on the previous days this week which ended to my shugrin. I will take a minute to re align w my interests and study how to more clearly identify price action and movements by SMC which can place me understanding better going into the open or while I plan my setups.

There is a lot of sideways action today, and must have been a certainty to not entry on choppy days w big news coming into the mid week as well. Studying is going to be on my agenda until I can choose to trade what makes sense and learn as I stick to managing my money my best.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Day 8

today I started later than planned, I was cautious entering since there was a large move I was not around as I slept in. though my alarm did not awaken me, I was alright w scalping part of a move, suing a channel to identify the mid and short term trend, I wait to get in near a previous tested support level and as price stopped it reversed to the long side which was a great position.

I ended the day net positive $50, which was not my goal though I am working on a few things and was alright not trading the entire session.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Day 9

I started the day earlier, got some things around the home done and did not get to the desk late. There was PPI eco news and although I did not wait long enough for the trade to work I sized down and was able to cut at even first trade and wait for he trend to develop. I Continue working on my channel trend trades, I sized up today but in micros, which works since I am being patient I can look to scalp a portion of a reversal and wait for at least two or more confluences and scalp the trend. I was able to build my evaluation accounts up $500 on three accounts, and $100 funded, my goal is to reach to $100 per account each day for consistency & stick to a max size until I am more comfortable trading more contracts. I continue to trade more aggressively but after a great day I start to trade the same w smaller size to allow larger trades to work when I get in the right side of the trade.

Started this thread
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56

Day 10

today was a sour day. I started a new evaluation and I had readched a max drawdown in one of the ones I was trading the last 2 weeks. I hit the daily goal on two of my funded accounts, and am working on two more accounts, one of which I was in a large drawdown in the passed week which I made to reach the starting balance today so I will be able to being the following week w a fresh approach and as it was another chance to achieve the profit goal of the evaluation. I am working on doing the w one of my funded accounts.

Started this thread
Thanked by:
 
 TigerStripes   is a Vendor
 
Posts: 109 since Mar 2021
Thanks Given: 33
Thanks Received: 56


Day 11

Monday, and little news, I found scalps the best setups, I was able to recover an early trade that hit my stop right away but sizing down and scalping out what I gave back & ended rhe day flat on that. I also was not sure what direction we were headed, and did not trade my live account until the end of day where I just saw myself saying no to trading the trend and not even considering the counter trend, so i took a scalp to long & ended the day small win on my live account.

Looking forward to staying patient. trading my best and waiting for the right trade. Does always offer chance and have chosen to move from sim to live and manage the trade never walk away from an open trade.

Started this thread

 



Last Updated on April 24, 2023


© 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