bobs qwest to attain consistency - Trading Journals | futures io social day trading
futures io futures trading


bobs qwest to attain consistency
Updated: Views / Replies:59,681 / 772
Created: by bobarian Attachments:815

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
 815  
 
Thread Tools Search this Thread
 

bobs qwest to attain consistency

  #221 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


bluemele View Post
I agree. Please take anything I say with a grain of salt and I deserve no weight put on any words I type.... Just showing you the other side of the story.

To me, what I have learned seeing guys from a couple years ago on many forums is when they start becoming profitable. The realization I have come to is like what Big Mike and others have been screaming for a while. When you start adding indicators on your chart you are just covering up some of the 'price action' (over used word in my opinion).

Just like divergence, selling/buying into strength, etc.. To me, you don't need indicators to see it, but if it helps you then by all means.

The challenge I see with so many too is that they don't get immediate results or the market conditions change slightly. Perry's Method/Shadow Traders Method and so many derivatives like it (Charles Booth/Nexgen) or whatever all are doing the same thing.

What I have been doing in my own personal journey is looking at people's systems and seeing if I can see when a certain indicator does a certain thing what price looks like via a RENKO, Range and Tick chart or even volume chart. When I can identify that price movement via those charts and without the indicator then I truly free my mind from having a proxy and when my eyes see that setup again it is much easier to 'click'.

I look back at my own journey and I noticed that I am following my indicators much less than I used to... Is that why I am less profitable. I believe it is a transitional period of taking the training wheels off. Indicators show you a possibility, much like price does on its own.

I am overstepping my advice for today as I have seem to upset a few people... haha... Again, this is all from a DEMO trader who has lost way too much of his own money to take advice from....

My comment at Bob was mainly that the system will work IF YOU STICK TO IT FOR A VERY LONG TIME and DON'T CHANGE IT THAT OFTEN. Once you can identify the true underlying price and how that looks, then you will trade a naked chart like nothing.

I will butt-out of this journal for the time being and let you follow your own path. I have been shaken up by a few people myself in my journey/journal, and sometimes I didn't like it, but most of the time I grew as a trader.

Nothing bothers me more than trolling though, so at least I haven't been doing that... haha...

Uh, in no way did your post anger me although it could have perhaps angered someone else.....FYI....almost time for

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
The following user says Thank You to PandaWarrior for this post:
 
  #222 (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


PandaWarrior View Post
Uh, in no way did your post anger me although it could have perhaps angered someone else.....FYI....almost time for

Well then, my apologies to anyone I have offended.. I did not mean too... So much goes into typing without thinking... haha...

Reply With Quote
 
  #223 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary


I appreciate the feedback guys.Just like many others, i have been beat on a little bit in this business.Its part of the deal, and as such, we must develop a thicker skin, just to stay positive and focussed.I have been in rooms, were people were obnoxious, so i know the difference between constructive criticism, and otherwise.And your comments have value.So basically, if you want to say something, then by all means, do so.Some may think this is just a personal journey, but i think that is not the case.We are all working toward the same goals, more or less, its just that some of us are at differnt levels.When i see Pandawarrior finally cross over into profitability, that affects me.
I am so glad to be back from the break!Everyone was sick, and my kids couldnt go outside, so they grinded us for 10 days.This week, vol should be a little low, but hopefully will start picking up.
The plan, is to continue watching the 1 min, and take those trades for sure.Also, i will continue to observe the new 4 range, and trade as well, with the permission of the 1 min.My video and pics from yesterday, appeared to be focussed on the 4 range.However, the 1 minute was the boss.We were in a solid uptrend while i was trading.Unfortunately, on the 1 min, the moving avgs just ran away.
And last but not least, i am not ditching everything i put together these last few months, to get off track on something new and exciting.Been there done that.So, i totally get what you are saying, and i will be careful!
thanks again guys!

Reply With Quote
The following 5 users say Thank You to bobarian for this post:
 
  #224 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary

1/4/2012
wed
5 trades
-$185 net
im fumbling my way through, with trying to use the 2 charts together.This may take some time.Had a crazy spike after 9:40, i got sucked into 1 loser there.The 2 charts were conflicting, which made for a tough day.My thoughts are, for longs, when the 1 min mas are correct, if we dont get an entry off the 1 min, be aware of entries on the 4 range.Opposite for longs
Volume tailed off, as usual, after 10:30, and all in all, this week, vol will probably be light.
Also, when the price initially crosses the 21 ma on the 1 min with a correct close, and the mas are correct, this is when we can look to the 4 range.
Typically, the entry technique on the 1min, is very different, than the 4 range.An entry on the 1 min, taken on a pb with the trend, will be much earlier than the 4 range.And , when the 4 range entry sets up, price will be away from the trendline on the 1 min.Is this good?bad? neither? im not really sure.I know one thing tho, i cant take 4 tick goals.So, ultimately, price action always rules out.Not feeling well today, so, i will stay home from the gym for now, and replay the day.these pics are obviously not the trades i took today, but they areentries in the rules i am working on.I did them on replay, so i can look at em.
A and C are with the trend on the 1 min, but the entries were off the 4 range, with approval from the 1 min.Trades B and D are counter trend trades.Once price closes below the 21 ma on the uptrending 1 min, i look to the 4 range, for an entry to take me towards the 89.As long as there is adequate room, between the 21 and 89 on the 1 min.It makes sense, i believe.
Also, although none here, i am still looking to take entries off the 1 min, as i was in december.
Lets give this some time, and see what we see

Attached Thumbnails
bobs qwest to attain consistency-cl-02-12-1-min-1_4_20121.jpg   bobs qwest to attain consistency-cl-02-12-4-range-1_4_20122.jpg   bobs qwest to attain consistency-cl-02-12-4-range-1_4_20123.jpg   bobs qwest to attain consistency-cl-02-12-4-range-1_4_20124.jpg  

Last edited by bobarian; January 4th, 2012 at 02:31 PM.
Reply With Quote
The following 3 users say Thank You to bobarian for this post:
 
  #225 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary

1/5/2012
4 trades
-$70net
there were opportubities earlier, but between being sick, and otherdistractions, i managed to take a loss.Just wasnt alert enough today, plain and simple.The trades , seem to set up between 8:30 and 10:15 nicely.After that, price action seems to change.Made a mistake on that last trade.Seeing the leaves, and ignoring the forrest.Well, i knew price action was sideways and sloppy, but we were getting higher lows.I moved my sl to below the slop, and got hit.What a waste.As bad as my timing was today, i was green before that lousy entry.
The 1 min,i have drawn circles in areas where there is a pb area, and thus, where an entry makes sense.This is really based on price action.From 9:15 to about 9:45, i was just looking for short entries.I did miss afew, and fat fingered one, but as i said, was green , until that last one.I bailed on the 3rd trade, it just pulled back too much, but, if i was alert enough, there was an entry just after that, same area.
Also, the dow was playing the spoiler today, such a pos.
pics soon

Attached Files
1 5 2012.mp4 (27.99 MB, 17 views)

Last edited by bobarian; January 5th, 2012 at 12:52 PM.
Reply With Quote
The following 4 users say Thank You to bobarian for this post:
 
  #226 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary

1/6/2012
3 trades
+$65 net
the cl sold off pretty hard after the dow open.I had 1 mistake, but a few good trades as well.In my review yetserday, i was looking at entries, and realized, that , when lookin at the 1 min, i was getting in late.I went back to the 4 range, and realized, that i was passing on the initial entry, and essentialy taking the 1st pb in the move.When trading on the 4 range, the way perry does, i believe you have to look at a potential setup, and place your entry accordingly.This way, if it does hit the entry, the mas will be in line.This takes some practice, as, i am forecasting and saying"ok, the mas are very close to being in line, if i put my entry here, and it triggers, the entry will be in line upon my entry"I have been doing this for a while anyway.The great thing today, is that, typically, the entries on the 4 range were very close to the entry on the 1 min.Yhis, is what i am hoping to dial in.Basically, when price pulls back in a trend, i want both charts to be able to say something to me.

Attached Files
1 6 2012.mp4 (21.34 MB, 5 views)
Reply With Quote
The following 3 users say Thank You to bobarian for this post:
 
  #227 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary

just dialing into price action.These cicles are areas to look for entries.Seems too easy, but the 4 range provides the heads up, and the entry.The 1 min is just to identify the swings and ranges.Nothing but candles...hmmmm

Attached Thumbnails
bobs qwest to attain consistency-cl-02-12-1-min-1_6_20125.jpg  
Reply With Quote
The following 6 users say Thank You to bobarian for this post:
 
  #228 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


bobarian View Post
just dialing into price action.These cicles are areas to look for entries.Seems too easy, but the 4 range provides the heads up, and the entry.The 1 min is just to identify the swings and ranges.Nothing but candles...hmmmm

why is this to easy? If you can see it, then you can trade it. Its that simple. Why try to complicate it, just take the trade. If you can mark the chart like that in real time, then you can trade it.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
The following 4 users say Thank You to PandaWarrior for this post:
 
  #229 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary


PandaWarrior View Post
why is this to easy? If you can see it, then you can trade it. Its that simple. Why try to complicate it, just take the trade. If you can mark the chart like that in real time, then you can trade it.

yup, this is what ill be workin on.The 1 min , as usual , is the boss

Reply With Quote
The following 3 users say Thank You to bobarian for this post:
 
  #230 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,538 since Oct 2010
Thanks: 3,393 given, 2,073 received
Forum Reputation: Legendary


1/9/2012
monday
3 trades
-$105 net
today , just felt like i was a little off on my timing.Missed a nice retrace to the desc 21, i cant do that.Also, didnt get a fill on another good one.I had, realistically, 8 entries, thet were takable.Its funny, but i just have this feeling, that until it all comes together, i will conntinuosly break even, or draw down.Kinda like a football team on the verge of crossing over to victories, and is getting closer, but at this stage, still finds a way to lose by the end of the day.Well, we must continue on, work harder, and focus.

Attached Thumbnails
bobs qwest to attain consistency-cl-02-12-1-min-1_9_20121.jpg  
Attached Files
1 9 2012.mp4 (31.93 MB, 9 views)
Reply With Quote
The following 2 users say Thank You to bobarian for this post:

Reply



futures io > > > bobs qwest to attain consistency

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
Discipline -> Consistency -> Success scorp Trading Journals 17 March 7th, 2011 12:42 PM
Where to attain historical ES tick data for NT7? sev888 Traders Hideout 7 August 18th, 2010 02:15 AM
Consistency is king caprica Psychology and Money Management 2 July 21st, 2009 07:34 PM


All times are GMT -4. The time now is 06:38 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 0.20 seconds with 21 queries on phoenix via your IP 54.221.93.187