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


Johnny's Journal
Updated: Views / Replies:20,579 / 325
Created: by JohnnyAustin Attachments:102

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
 102  
 
Thread Tools Search this Thread
 

Johnny's Journal

  #111 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp and Zenfire
Favorite Futures: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 433 received

Love this. So glad I'm not in the market. Talk about sideways...and right on a resistance line too....

Attached Thumbnails
Johnny's Journal-flat.jpg  
Reply With Quote
 
  #112 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp and Zenfire
Favorite Futures: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 433 received

Ended up with an 18 tick gain. Market is giving me 7-9 tick gains, but as I wait for them to cross the 1 point mark, they reverse. I'm not getting out of positions and don't feel at the time that it is being greedy, but can definitely see looking back how it definitely being greedy. 8 ticks is more than 3 ticks. Regardless of what could result from the move, 8 ticks is always better than 3 and 8 tick moves are more repeatable than the 15 tick moves. Lesson learned....again...application pending market replay.

42 tick profit thus far this week. Not pleased about this but it is better than a negative. System works great in bull and bear markets and ok in sideways markets, I think....

Reply With Quote
The following 2 users say Thank You to JohnnyAustin for this post:
 
  #113 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp and Zenfire
Favorite Futures: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 433 received


I've been so slammed today that I just lost my whole weeks gain just from today. This sucks. WAY too busy to be trading, yet still I did. Very irresponsible of me. My longs have a net gain. My shorts just from today have murdered my gains. I'm trading with my heart, not my head. Stupid....and stubborn....

Reply With Quote
The following 2 users say Thank You to JohnnyAustin for this post:
 
  #114 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp and Zenfire
Favorite Futures: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 433 received

Frame of mind today has been hijacked. That said, I have accepted responsibility for today's failure.I need to calm down and focus on my trading, let only that occupy my mind. The trades were there, obviously, but the heart overrid the head today. It is my fault, in its entirety, as I lacked focus and discipline. When focused, I had a run of 6 winners. Alas, they were not enough to overcome my losses.

Reply With Quote
The following user says Thank You to JohnnyAustin for this post:
 
  #115 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received


johnnycakes78704 View Post
Love this. So glad I'm not in the market. Talk about sideways...and right on a resistance line too....


The epitome of chop


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
 
  #116 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received


johnnycakes78704 View Post
Frame of mind today has been hijacked. That said, I have accepted responsibility for today's failure.I need to calm down and focus on my trading, let only that occupy my mind. The trades were there, obviously, but the heart overrid the head today. It is my fault, in its entirety, as I lacked focus and discipline. When focused, I had a run of 6 winners. Alas, they were not enough to overcome my losses.


The hardest thing we all face is emotion. When you lose, you must stay cool. If you lose 3 in a row, you
must quit... at least for a bit.

I try to trade only three trades a day anyway.

Keep learning price action. More screen time. It'll come


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
 
  #117 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp and Zenfire
Favorite Futures: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 433 received

Testing today, to see what a buy/hold on supposedly bullish day will yield. Bought at 833.3, based off trend.

That said, I did buy 1 at 833.3, sold at 834.3.

Attached Thumbnails
Johnny's Journal-long1.jpg  
Reply With Quote
The following 2 users say Thank You to JohnnyAustin for this post:
 
  #118 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp and Zenfire
Favorite Futures: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 433 received

Just saw this piece of advice on the forum homepage. "Trade what you see, not what you want" or something like that.

Besides that trade, I pulled out another point on the way up and missed the way down, which really is a shame. That said, I pulled another 3.5 points from the ride back up and down to 835, 14 short ticks and 21 long ticks.

Reply With Quote
The following 3 users say Thank You to JohnnyAustin for this post:
 
  #119 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received


johnnycakes78704 View Post
I've been so slammed today that I just lost my whole weeks gain just from today. This sucks. WAY too busy to be trading, yet still I did. Very irresponsible of me. My longs have a net gain. My shorts just from today have murdered my gains. I'm trading with my heart, not my head. Stupid....and stubborn....

Johnny, first - good job on the journal so far.

If you haven't already, check out this thread -- it applies to members who are journaling on futures.io (formerly BMT):
https://futures.io/feedback-announcements/8412-big-mike-challenge-win-ipad-tablet.html

Now as for some specific advice, the best advice I can give is to simplify everything. You've indicated that over trading is a problem, so why not commit to yourself that for the next 2 weeks you will take only 3 trades a day? If you end up taking 4, then you know exactly what you need to work on --- discipline.

Keep writing down why you entered and exited, and what you were thinking at the time. Go back and read your posts every weekend and ask yourself what your strengths and weaknesses are. Make sure you are not going in circles. You can help to ensure you aren't by avoiding too many changes at once. Keep changes slow and spaced out so you have a chance to carefully evaluate each change and determine if it has helped or hurt your trading.

Rome was not built in a day. You cannot master all things trading related overnight. The best thing is to simplify as much as possible, down to a core set of ideas or concepts, and focus on mastering those. I'm talking about picking two or three things and focusing on those things and those things only, each day, every trade, for a 2 week period. Once you've mastered those, you can move on to a new set of two or three things to master.

When you are able to master 50 things, you will be a profitable trader


johnnycakes78704 View Post
Just saw this piece of advice on the forum homepage. "Trade what you see, not what you want" or something like that.

The quote is "Trade what you see, not what you think". If the market is trending higher and higher, do not allow yourself to think "it has to stop sometime", or "I know it is going to stop and then head lower". Don't allow yourself to predict what it will do, or start to get committed to a certain type of trade like a short. Trade what you see. If the market is moving higher, you want to be long In the last year the economy continues to blow up. Yet the S&P 500 is exploding higher. Don't short it because you know it's going to collapse at some point. Trade what you see == long.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 4 users say Thank You to Big Mike for this post:
 
  #120 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received



Big Mike View Post

The quote is "Trade what you see, not what you think". If the market is trending higher and higher, do not allow yourself to think "it has to stop sometime", or "I know it is going to stop and then head lower". Don't allow yourself to predict what it will do, or start to get committed to a certain type of trade like a short. Trade what you see. If the market is moving higher, you want to be long In the last year the economy continues to blow up. Yet the S&P 500 is exploding higher. Don't short it because you know it's going to collapse at some point. Trade what you see == long.

Mike

Mike,

That is powerful.

Reply With Quote

Reply



futures io > > > Johnny's Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
T's Journal Tmanbone Trading Journals 37 August 9th, 2012 04:52 AM
K.I.S.S. Journal Presto Trading Journals 39 October 7th, 2011 06:54 PM
Jtradr Journal jtradr Trading Journals 7 February 11th, 2011 10:13 PM
G's journal gfg1 Elite Trading Journals 58 June 10th, 2010 02:31 PM
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 09:40 PM.

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 2017-12-12 in 0.14 seconds with 20 queries on phoenix via your IP 54.221.93.187