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


Johnny's Journal
Updated: Views / Replies:20,551 / 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

  #21 (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

Tomorrow, my goal shall be 1 long trade and 1 short trade. Regardless of pnl, one trade each way. Will be employing K.I.S.S. with what I've got now and will see what I can do. Remember, there is no bank and 1-2 points per day AVERAGE is better than 95% of traders out there.

Reply With Quote
The following user says Thank You to JohnnyAustin for this post:
 
  #22 (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

Stuck with my goal of 1 long and 1 short trade. Trading day started at 10:45am so I missed the majority of opportunity. I am almost certain that once I am available for the pre-market review, or even 2am-open hours, my positive trades will increase. I'm just about kicking myself, but the reason is out of my hands for the moment.

Back to the present:
2 trades today, 2.5 point gain.
Short today at 1280.25, closed out at 1279.75. Held trade to 1 point gain, small reversal, didn't see recovery to downward trend again and closed out.

Long today at 1281, closed out at 1283. Small reversal, held through that. Lots of churning on market but kept upward trend. Held trade till volume dried up, called uncle. Missed out on .5 point gain, but I'm not complaining.

I did employ trailing stops and automatic closing strategy. I'm not sure this is the time for me to employ them just yet so they were closed out. Ensuring the strategy is good and ending the day/week/month positive is most important. Now is still the time that the strategy is in development and the p outweighs the l.

Attached Thumbnails
Johnny's Journal-11211-1.jpg  

Last edited by JohnnyAustin; January 12th, 2011 at 06:37 PM.
Reply With Quote
The following user says Thank You to JohnnyAustin for this post:
 
  #23 (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


Another day, another 2 trades. Arrived in earlier today, around 9:30. Trading flat pretty much already by then. Reviewed my in's/outs and rules, am pleased with them thus far.

Seeing breakout short potential now. Need to verify trend. HUGE volume all of a sudden.

shorted at 1280.25

Bad trade, lost .75 points.

Reply With Quote
 
  #24 (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

Reversed trade and went long at 1281.25. Lost a point on the short.

flat trade....grrr...feel like I wasted a day. In a 10 min period on the 1 min chart, 7 indicators were doji's AFTER the breakout...grrrrr

Reply With Quote
 
  #25 (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 broke my rule and took another trade as it fit my indicators. Lo and behold, 4 point gain. w00t! What's up now?!

If I get stuck in a bad trade, I have to find a way back to the positive, so 3-4 trades a day I think. Made 3 today and I'm happy.

Reply With Quote
 
  #26 (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

Reviewed rules (i.e. beat them into my head again). I need to be more patient on the sell side. It seems that after a gain, there is a period of low volume and holding it (provided in up-trend) will allow an additional point-ish gain.

First trade of the day, buy side: 1280. Cleared position as 1281.25. If I would have held it 45 seconds longer the gain would have increased to 1283 or so, at which time churning began and I would have exited the position, resulting in a 12 tick gain. Am I happy with the trade? Most definitely.

Seems a short side may be coming up. Will review indicators and see how it is best to proceed. Low volume and doji's indicate market doesn't know which way to...no trade as there is no trend.

Attached Thumbnails
Johnny's Journal-11411-1.jpg  
Reply With Quote
 
  #27 (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

Followed my indicators to make another trade. Reversed on me and held but never crossed my stop. Recovered after an HOUR AND 10 MINUTES! Massively stressful. Closed out for a .25 gain, so while it isn't as positive as I'd like, it still is positive.

Reply With Quote
 
  #28 (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

Working on creating blackbox strategy. First one resulted in a 10.25 point gain over 15 days. Not QUITE the results I'm looking for, especially since the backtest showed the strategy bought at the correct point but then held it to closing. Will review video Mike posted when I get home to create a more accurate strategy. Perhaps I should go for the 4 tick gain instead of 10 ticket gain. Will fiddle and see what results come up.

Reply With Quote
 
  #29 (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

Spent yesterday working on a blackbox, backtesting, etc. Didn't really watch the market to trade. Backtested strategy on yesterday, resulting a 4.5 point gain. Am currently running sim of live blackbox trading. Thus far, the market dived after crossing threshold for my rules, resulting in a stoploss. Running full auto sim today, will examine results after markets close.

Saw a trade based off indicators and took it. Closed it out after volume fell resulting in a 1.5pt gain. Auto trade took and closed out. Now at BE for day.


Last edited by JohnnyAustin; January 19th, 2011 at 02:46 PM.
Reply With Quote
 
  #30 (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


Started using Perry's trading method. It is more in-depth than my method and definitely see where it is a good system. Watched it for a bit this morning then made a trade when it said to 2 point gain.

I did add Bollinger bands, making the middle band transparent, as this helps me identify strength of the trend.

Attached Thumbnails
Johnny's Journal-pt1.jpg  

Last edited by JohnnyAustin; January 20th, 2011 at 01:27 PM. Reason: add info
Reply With Quote
The following user says Thank You to JohnnyAustin for this post:

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 12:21 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 2017-12-10 in 0.12 seconds with 20 queries on phoenix via your IP 54.90.207.75