"It Always Comes Back" - Trading Journals | futures io social day trading
futures io futures trading


"It Always Comes Back"
Updated: Views / Replies:6,507 / 71
Created: by sorge2000 Attachments:31

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 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 dont 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
 31  
 
Thread Tools Search this Thread
 

"It Always Comes Back"

  #61 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

March 29, 2011

This awesome setup appears just before 0500 this morning.
The white arrow appears followed shortly by a red arrow on the 512 tick chart.

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


The trade is entered before the red arrow develops.

I then switched to the 2000 tick chart.

The first target triggered and I moved the second target down quite a bit. +5 pips
(I felt like a crazy man and moved the first target to 5 pips instead of my usual 3).
I also moved the stop to above the entry but I would have had a little profit (+/-1 pip) on the trade if price would have retraced.

I closed the trade when the long white arrow appeared. +30 pips

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


This is the rule and I also had to leave for work.

Reply With Quote
The following user says Thank You to sorge2000 for this post:
 
  #62 (permalink)
The fun is in the numbers
Point Roberts, WA, USA
 
Futures Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
 
aquarian1's Avatar
 
Posts: 3,249 since Dec 2010
Thanks: 1,168 given, 1,761 received
Forum Reputation: Legendary

Good trading!

What stop did you use? -tks

Keep your mind in the future, in the now.
Reply With Quote
The following user says Thank You to aquarian1 for this post:
 
  #63 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received



aquarian1 View Post
Good trading!

What stop did you use? -tks

It was an ATM stop when I entered the trade set at 10 pips but I adjust it to the chart a lot of times. On this trade it was moved to 7 pips.

After the first target was hit I moved it to just above the entry so that I would still be in profit if it retraced.

I got pretty close on this trade and if I had moved it to the entry point (which I usually do) I would have been stopped.

I manually trailed the price until the white arrow appeared.

Reply With Quote
The following user says Thank You to sorge2000 for this post:
 
  #64 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

March 30, 2011

Up really early

Green Arrow! I got in

Net +2 pips after the 1st target triggered and I was stopped after moving the stop loss to 1 pip below my entry.

Green Arrow! I got in
White Arrow! I got out

Net +19.2 pips after the 1st target triggered and I got out when the white arrow appeared.

I didn't want to chase the price so I waited, had breakfast... waited... waited... yada yada yada.

Red Arrow! I got in

Net +2 pips after the 1st target triggered and I was stopped after moving the stop loss to 1 pip above my entry... Again.

I didn't get a signal arrow after the retrace so I didn't get back in on the downward run.

I just sat there watching it until I left for work.

+23.2 pips.


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

Reply With Quote
 
  #65 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

March 31, 2011

Last night I was adjusting my ATM and Stop strategies and setup a couple templates that I wanted to try today.

The first trade I made was a EURUSD short that immediately triggered the +2 pip target. I wasn't quick enough to move the target. +2 pips

I got short again and the trailing stop was triggered this time. +5.8 pips

The third trade was entered long because I received a counter trend signal. I was stopped at -4.6 pips

I moved to the GBPUSD thinking the trend was a little more defined and smoother.
I entered a short without any real signal, just following a hunch, and it triggered the trailing stop. +9.7 pips

Trades 1-3
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



I switched to sim and traded a moving average crossover system.

I entered a long position but didn't get a very good fill.

The first target triggered then price went sideways for a few minutes.
I had the stop set below the slower moving average.

I stepped away from the computer for a few minutes, the trailing stop jumped up (it was set to trail @ 4 pips), and I was stopped out.

Net Trade: +10.4 pips

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


I used this method (MA Crossover) years ago when I was trading options.
I didn't have much success with it but looking back I don't think I had a good exit strategy.
I let the trade trade swing back and forth and would often give back my profit.
I've been watching the EMAs on my charts lately and I think the crossovers work well with the TSI indicators.
Also, there are journals in this forum where the crossover is used successfully.

Reply With Quote
 
  #66 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

April 1, 2011

Didn't trade today.

It was a bad day.

Reply With Quote
 
  #67 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

April 4, 2011 Spock Day

Today is "Spock" day No emotions!

I spent the weekend drilling Vulcan holes into my head. Pounding a "No Emotions" mantra

Today I made 2 groups of Long trades separated by a short retrace.
I didn't want to make any short trades because my regression channel told me that I was in an uptrend.

The 1st group:
+2.9 pips
+4.1 pips

-12.8 pips

The 1st 2 were typical trades where the first target was triggered and then after the stop moved up I was stopped.
The 3rd trade never moved in my direction and I was stopped out.

The 2nd group:
+5.1 pips
+15 pips


I entered on the white (long) arrow. I was a little hesitant to do that but it is part of my trading plan so I jumped in.
It paid off so I guess that's why it's in the plan.
I also changed from 2 targets per trade to all in, all out.
This brought the $/day goal in line too. $/day isn't the primary goal though.

Another thing I want to accomplish is to have the discipline to stop trading after I reach my daily goal of @ least +10 pips.

Right now I can feel the tug to continue trading but I need to conquer it.
I need to treat it as a business not a game. I find that too often when I continue after hitting the goal I end up giving some or all of it back.

Total for today: +14.3 pips

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

Reply With Quote
The following 2 users say Thank You to sorge2000 for this post:
 
  #68 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

April 11, 2011

Today I jumped into 3 trades that I had no reason to be in.

The first was a long that was chasing the move. I hadn't been up long (still working nights) and just entered because it felt good.
After a few minutes, I came to my senses and reversed the trade.
It moved down into profit but my target was too far away as I did an all in, all out trade and the price retraced and stopped me out. 0 for 2

The third trade was a long when the EMA turned up with the price above it (below were I had been stopped) and it turned down and I was stopped again.

1st: -4.4 pips
2nd: -2.2 pips
3rd: -20 pips (net)

After these 3 trades I took a break.

The next 2 trades were back to my method which is 2x contracts with the targets set @ 50% of the trade. i.e. 1 contract for each target.

The 4th trade was a long that I got in late on. I usually enter at the white arrows but I was away from the computer when it appeared.
I got in at the green arrow which is confirmation.

This triggered the first target and eventually touched the trailing stop.

The 5th trade was a re-entry long that I adjusted the target really tight. Timid I guess, but it worked out for some small plus pippage and the white short arrow appeared thereafter.

4th: +9.7 pips (net)
5th: +1pip (net)

I drew a regression channel on the 2000 tick chart and noticed a trend divergence between the 2 periods (596 -2000).

My guess would be that we may be seeing a turn up in the EURUSD?
The shorter period chart is indicating higher highs & higher lows.

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


Total for today (so far): -15.9 pips (net)


Last edited by sorge2000; April 11th, 2011 at 04:01 PM.
Reply With Quote
 
  #69 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

April 12, 2011

Big time losing day.

The last trade crushed me.
I entered using my rules (white arrow) but I was under the moving average and entering a Long position.
I was also in a downtrend.

I blew it!

Total: -19.8 pips net

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


I made one more trade when I received a white arrow and the EMA changed to a friendlier color and regained 6.2 pips

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



Todays Final tally: -13.6 pips.


Last edited by sorge2000; April 12th, 2011 at 01:04 PM. Reason: Made another trade
Reply With Quote
 
  #70 (permalink)
Elite Member
Wauseon, Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader, Thinkorswim
Broker/Data: thinkorswim / PFGBest
Favorite Futures: ETFs
 
Posts: 63 since Jan 2011
Thanks: 19 given, 41 received

Courage: A New Beginning


What is courage?

"Mental or moral strength to venture, persevere, and withstand danger, fear, or difficulty"

I have a good "job" that I hate. But, I have the job.

However, for this Dorothy, "Kansas" isn't a very happy place!

It's time to go to Oz!!!


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


The journey to Oz requires the courage to walk the Yellow Brick Road. One step at a time, through the forest (Lions and Tigers and Bears Oh My!).

The Wizard awaits... Lets not keep him waiting!

Reply With Quote

Reply



futures io > > > "It Always Comes Back"

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
dealing with GetCurrentBidVolume and GetCurrentAskVolume , "long" casting into "int" jmejedi NinjaTrader Programming 4 May 23rd, 2011 10:33 AM
RJay's "Trader Volume" and "Trader Tick" Indicator Suites RJay The Elite Circle 20 December 20th, 2010 06:01 PM
"time"stop" codes for MC ptcm EasyLanguage Programming 1 September 2nd, 2010 01:57 AM
"Back to the Future" Flux Indicator? cbtrade Trading Reviews and Vendors 2 July 22nd, 2010 06:05 PM


All times are GMT -4. The time now is 04:20 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 2017-12-18 in 0.15 seconds with 20 queries on phoenix via your IP 54.221.136.62