$100.00 A Day... - Trading Journals | futures io social day trading
futures io futures trading


$100.00 A Day...
Updated: Views / Replies:13,445 / 78
Created: by HJay Attachments:64

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
 64  
 
Thread Tools Search this Thread
 

$100.00 A Day...

  #61 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

10/27: [-$317.50] Break Out OR Fake Out?

9:35 ORB kicked my butt today. As stated in the "All You Need" thread, the YM triggered and went one whole flippin tick before reversing I had my stop on the other side of the range, which today was really too large for what I am trying to accomplish. I noticed this play worked on the ES and TF but not on the YM. I could have made some back on the break at the other end but by then I had exceeded my single day loss limit. One and done ...

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

Reply With Quote
 
  #62 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

10/28: +$185.00

Caught some of the London session. Things were off to a weak start but had been rallying for a period of time. When I saw it struggling to make a higher high I entered short. I took some heat but on the next failure I added a last contract and scaled out on the way down. I held one for the lows which was hit before bouncing back up. Later in the session it would produce even better entries with very little heat but with my target met I am "one and done".. this time on the positive side.

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


UPDATE: I added another $225.00 in the afternoon sell off through break outs and retracements for a total of +$410.00 on the day.

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


Last edited by HJay; October 28th, 2009 at 07:42 PM.
Reply With Quote
 
  #63 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

10/29: +$200.00


As noted by others th ORB this morning was a rough play at best. I was able to scale out of my second add (On the upper b/o) as I did not go in full boat on the break out with a small gain. Had I gone in with both contracts at the break I too would have stopped out. I think I may shelf this play and wait for other indicators to point the direction. I placed about 6 trades this morning and was very pleased with my entries and exits.

I could have squeezed a little more out of the trades but was pleased with the overall results. Once again it paid to step back take the time to draw trend lines, especially on the Range/Renko charts. I was able to properly identify a channel and the break of the channel. All in all a very nice 90 minutes.

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


Last edited by HJay; October 29th, 2009 at 02:06 PM.
Reply With Quote
The following 3 users say Thank You to HJay for this post:
 
  #64 (permalink)
Elite Member
Concord, NH USA
 
Futures Experience: Intermediate
Platform: Ninja trader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
jdella's Avatar
 
Posts: 182 since Jun 2009
Thanks: 134 given, 110 received


HJay View Post
As noted by others th ORB this morning was a rough play at best. I was able to scale out of my second add (On the upper b/o) as I did not go in full boat on the break out with a small gain. Had I gone in with both contracts at the break I too would have stopped out. I think I may shelf this play and wait for other indicators to point the direction. I placed about 6 trades this morning and was very pleased with my entries and exits.

I could have squeezed a little more out of the trades but was pleased with the overall results. Once again it paid to step back take the time to draw trend lines, especially on the Range/Renko charts. I was able to properly identify a channel and the break of the channel. All in all a very nice 90 minutes.

Attachment 3967 Attachment 3966 Attachment 3972 Attachment 3970 Attachment 3971

Nice job Hjay, and nice commentary. Curious are you using H/A bars and if so, which ones? I've noticed a few variations on the web site as well as the NT forum. Also which version of the volume stop are you using and what are the settings, default?

Thanks

Reply With Quote
 
  #65 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

10/30: +$97.50

Quite a wild ride down on the Market today. As far as my day I was in and out before all of the real fun took place. I got close to my daily goal so I am ok with that.

jdella, yes I am using HiekenAshiCustom with the default settings from the Ninja web site.

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 user says Thank You to HJay for this post:
 
  #66 (permalink)
Administrator: Retired Backtester
 Vendor: speedytradingservers.com 
Rennes France
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB/Kinetick
Favorite Futures: Futures
 
sam028's Avatar
 
Posts: 3,366 since Jun 2009
Thanks: 3,573 given, 3,982 received


HJay View Post
Quite a wild ride down on the Market today. As far as my day I was in and out before all of the real fun took place. I got close to my daily goal so I am ok with that.

jdella, yes I am using HiekenAshiCustom with the default settings from the Ninja web site.

Attachment 4007 Attachment 4008

Great job HJay.
I don't have any crystal ball, but I think you may go live soon, and still have good results, if you trade like this.

Success requires no deodorant! (Sun Tzu)
Reply With Quote
The following user says Thank You to sam028 for this post:
 
  #67 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

11/02: +$100.00

I have recently placed a 15 minute thermometer in the upper right hand portion of my screen. It is using a 21 period EMA to show me the "short term" trend. Just another reminder of the direction I should be trading. So ofcourse what is the play I entered this morning, a counter trend short. Counter trend is not a bad trade just there are different rules I need to keep in mind. First of all smaller targets and generally no adding. Well I kept my target small (maybe a little too small) but I did add just lightly.

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


The Entry started, as it always does with a signal on the MedianRange chart. A reversal bar painted and that was followed by Red H/A's. Once this is in play I turn to the 89 tick chart and look for High stochastics to enter a short. A "lower high" on a series of Green H/A's is a great sign that a short might just work. BTW a smaller trade was made in the late evening which accounted for +$42.50 of the total +$100.00 target.

Reply With Quote
The following 3 users say Thank You to HJay for this post:
 
  #68 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

11/03: +$77.50

I stopped short of my goal today but I did so for a couple of reasons. Primarily as I am short on time this morning but even more importantly is that I was in the right trade to give me my daily goal. It was my doing with an early exit that caused me to come up short. The play went on to surpass my daily goal, albeit with me on he sidelines. Instead of pushing it, revenge trading, or trying to make something out of nothing I decided to call it a day.

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


UPDATE: I was able to get one trade in at lunch. I didnt have every data point on my side, but I set my target accordingly. I took a quick 8 point profit on the YM to bring my day total to +$112.50. Still using the same concepts, looking for lower highs or higher lows accompanied with a trigger in the supporting direction. If the 89 tick chart supports the move (meaning the LH or HL is not violated during a stochastic cycle) The trade is considered valid. Secondary but equally important data points to consider are Long term (60 minute) and Short term (15 minute) trends. This happens over and over and over again through out the trading day on all instruments.

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


Last edited by HJay; November 3rd, 2009 at 07:22 PM.
Reply With Quote
The following 2 users say Thank You to HJay for this post:
 
  #69 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

11/04: +$95.00

Price was at the highs most of the morning. I sat on the side lines looking for a good opportunity. After a new high was met a reversal candle formed (setting up for a TRO special "price is either making new highs OR reversing from them".

I was looking for the shorter term stochastics to cycle up and fail to take out the trigger but it simply rolled over. I decided to enter on the low cycle with the idea that I would add another one at the conclusion of the up cycle. I wanted to put one on just in case it continued lower. This is just what it did and dropped 6 ticks before even cycling back up.

I nearly exited before reaching my target but waited it out as it cycled back up. It only reached my entry point before turning back down so no need to add another contract. With a limited number of bullets I wanted to wait and see if it went against my entry price before adding.

Price continued down shortly after that and hit my target. It was a little less than my goal but it was at a previous support point. Price continued well past my target area. Oh well, that's the way it goes some times.

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 HJay for this post:
 
  #70 (permalink)
Membership Temporarily Revoked
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: futures
 
HJay's Avatar
 
Posts: 197 since Aug 2009
Thanks: 94 given, 171 received

11/05: +$130.00


I woke up just before the London open so decided to have a look. In premarket it had made new lows so my thinking was it would try to test the lows some time in the early session. A very well defined trend line down was present and that was what I focused on as resistance to the upside. Sure enough soon after the open it rallied just short of the trend line and that is where I got short.

All sounds great to this point except for the fact that I had left my ATM set to (2) contracts. I was stuck being in full boat wether I liked it or not. I had some data points in my favor such as long term stochastics just starting to roll down, the 15 minute trend was down and the attraction of testing the lows was in my favor. The play was not with out heat but it did not touch my stop which was set just above the recent swing high.

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 HJay for this post:

Reply



futures io > > > $100.00 A Day...

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
Webinar: Trading the Session - Indicators Explained; Sunday July 31, 2:00 PM EST Fat Tails The Elite Circle 98 March 25th, 2015 03:13 PM
effect of gains and losses of previous day on next day tradersam Psychology and Money Management 2 May 18th, 2011 04:35 PM
Calculate GAP (Close of Prior Day, Open of Current Day) bluemele NinjaTrader Programming 16 January 19th, 2011 10:19 PM
Oscillator 0 - 100 zeller4 NinjaTrader Programming 4 September 14th, 2009 09:27 AM


All times are GMT -4. The time now is 11:36 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 2017-12-14 in 0.15 seconds with 20 queries on phoenix via your IP 54.227.51.103