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


Johnny's Journal
Updated: Views / Replies:20,554 / 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

  #1 (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

Johnny's Journal

For my first post here (been lurking, learning, applying for a bit now), I would like to start my trading journal. I have been trading for almost a decade in the stock market. I learned about trading while serving in the Marines and the discipline has served me well. In 2008 I became an investment advisor and promptly squandered my savings and having to them rely on my g/f (now wife) for support until I quit that and got a regular job making decent money and getting us out of debt. As such, my accounts were decimated, but I love the market. In late November, I found the emini's (ES) and have been saving for starting live, hopefully come late January, early February. Zen and the small trade account thread has provided some great info and I'll continue to read it.

In December I was defining my rules, making mistakes and seeing where I was failing and where my success was and what precipitated my profits and how best to recognize them.

In December, none of my shorts were profitable and half my longs were. Trying different indicators, making mistakes, and just general unfamiliarity was the key. By late December, my rules are more defined and while my shorts were still negative, I was profitable.

Over the holiday weekend, I finally defined (and wrote down) my entry/exit points with a ZLEMA, volume indicator, ease of movement, bollinger bands, and S1/2,R1/2. In review of many people's comments who do trade the ES, my target is not the 4 point move, but the 4 tick move and capitalizing on that, buying the bid when I can and selling the ask if possible. On January 4th I started back in the esh1 and thus far, here are my results. Please remember I do this in addition to my job and cannot always watch the markets but do what I can when I can.

1/4/11
Net profit: .75 long. No shorts made
Gross profit: 2.5
Gross loss: 1.75

1/5/11
Net profit: 1.5 long. No shorts made.
Gross profit: 3.25
Gross loss: 1.75

I'm feel confident of my rules and the PnL reversal has shown the effectiveness. I'm not out to break the bank every day. My goal is to acquire 1-2 points a day.

Today I took a trade and rode it too far, trying to get a multi-point move when it reversed on me, instead of taking what it gave me and ensuring a 1 point gain. I have applied my trading rules on my shorts and have garnered thus far a 1.25 point gain. Still negative from my trade that I let run into the red and am still down a quarter point on the day. I have no doubts I'll be able to pull that out in the next few hours, potentially with at least another point and a half.

I am missing the morning moves, however, with me not getting into the office until almost 10am Central time. Once I adjust that, getting in around 8:30am, I feel I will be able to capitalize much more on the time in the market I have been missing

Reply With Quote
The following 6 users say Thank You to JohnnyAustin for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Strategy development. Instrument selection. Money management. Auto-strategy development based upon rules of entry. Profit taking upon and anti-greed mind management.


Last edited by JohnnyAustin; February 28th, 2011 at 07:20 PM.
 
  #3 (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, 83,214 received


on starting a journal.

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
 
  #4 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received

Hi Johnnycakes78704,

Look forward to read about your journal

Reply With Quote
 
  #5 (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 think NT7 just error-ed out on me. Anyone else had a problem with NT7 showing the incorrect results of trades?

I rode this recent ES move up and pulled out a healthy 1.25 point gain, closing it out to ensure a profit. I'm making too many trading and not letting the runners run, but my focus now is small gains.

Bought at 1268.75, sold at 1269.25
Bought at 1269.25, sold at 1269.50
Bought at 1270, sold at 1270.50

My daily report now shows 6 shorts (when I only made 4), 2 long trades, when I made 4, and a loss instead of profit. Interesting....

Reply With Quote
 
  #6 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received


johnnycakes78704 View Post
I think NT7 just error-ed out on me. Anyone else had a problem with NT7 showing the incorrect results of trades?

I rode this recent ES move up and pulled out a healthy 1.25 point gain, closing it out to ensure a profit. I'm making too many trading and not letting the runners run, but my focus now is small gains.

Bought at 1268.75, sold at 1269.25
Bought at 1269.25, sold at 1269.50
Bought at 1270, sold at 1270.50

My daily report now shows 6 shorts (when I only made 4), 2 long trades, when I made 4, and a loss instead of profit. Interesting....

Some charts would help understand better.

Reply With Quote
 
  #7 (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

Charts/graphs coming soon. Need to hit the 5 posts to apply them. Next one should have them.

Reply With Quote
 
  #8 (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

Done today with a gain of a quarter point on the last trade. Late churning prevented the run-up....I think. The indicators I use were showing the same trend as a previous one today which had a 2-3 point run, but this one was limited in its gain.

Reply With Quote
 
  #9 (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

Here is the chart showing the trades

Nt7.jpg - ImageHost.org

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


and here is the graphic showing the trades made today. As you can see, there is a discrepancy....
nt7-2.jpg - ImageHost.org

And here is my initial short.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

(tried fixing the coding, didn't work )

Bottom line though, the indicators and strategy worked, as with the errors taken out I had a 4 point gain today with all the losses accounted for.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by JohnnyAustin; January 6th, 2011 at 06:37 PM.
Reply With Quote
The following user says Thank You to JohnnyAustin for this post:
 
  #10 (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



johnnycakes78704 View Post
Here is the chart showing the trades


Hey Johnnycakes,

Thanks for sharing!

Some advice on sharing the images. Just hit print screen after you have your trades marked up. Then just crop and upload on any post using the (while writing a post) paperclip above which is next to the smiley face.

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 02:12 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 2017-12-11 in 1.22 seconds with 20 queries on phoenix via your IP 54.226.34.209