quantum27 ES trading journal - Trading Journals | futures io social day trading
futures io futures trading


quantum27 ES trading journal
Updated: Views / Replies:5,688 / 46
Created: by quantum27 Attachments:21

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
 21  
 
Thread Tools Search this Thread
 

quantum27 ES trading journal

  #41 (permalink)
Elite Member
Sydney, NS
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: TF,S,GC
 
cclsys's Avatar
 
Posts: 607 since Nov 2009
Thanks: 248 given, 379 received

Bad luck on the stops on those first two long entries. With hindsight, after the first one was taken out and the price quickly bounced back, re-entering on the higher high of that stop-taking bar would have redeemed the initial position which was 'right'.

The second stop was at a level at which one could reasonably expect the market to correct, i.e. within a tick or so of the HH BO level at 1093 - 1092.50.

I don't know what your method is, but that was a great short with a very good #2 tgt near your value area and clear SR from previous low.

Reply With Quote
 
  #42 (permalink)
Trading for Fun
Sydney/Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 137 since Aug 2009
Thanks: 2 given, 64 received

Focus for December

Focus for December

- I must focus on my execution.
- I must focus on max loss for the day is 8 points. Assume the day will end up with -8 point loss, any profit beyond that is a bonus.
- I must take my 10min break after 2 loss.
- Rehearse taking losses.
- Trade first 1.5hr
- Never move BE stop after profit.
- Never move a stop.
- Being selective for bullish/bearish bar entries. Scratch if it doesn't move.
- Watch out for chasing trades. It only leads to bad entries, and potentially getting my stop hit.


I'm starting a scoring system, this will be tallied for the day:

+1 point for:
- Correct entry
- Correct profit taking
- Correct loss taking

-1 point for:
- moving stop
- missed trade
- improvising trades
- greedy with profit taking
- trading after first 1.5hr

All accumulated points for the day will be lost, and day set for -1 if:
- Exceeding max risk for the day
- Not taking a break after 2 losses

I'll calculate tallied points, and also percentage of possible points for the day.


Last edited by quantum27; December 2nd, 2009 at 09:31 AM.
Reply With Quote
The following 2 users say Thank You to quantum27 for this post:
 
  #43 (permalink)
Trading for Fun
Sydney/Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 137 since Aug 2009
Thanks: 2 given, 64 received

Tuesday 1st December 2009


Tuesday 1st December 2009

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


Exceeded today's daily risk. -1 point for the day.

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


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

Reply With Quote
 
  #44 (permalink)
Trading for Fun
Sydney/Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 137 since Aug 2009
Thanks: 2 given, 64 received

Monday 7th December 2009

Monday 7th December 2009

I need to be more selective with my trades. I need to be ok to not trade for the day. Still got -1 for the daily score, because I exceeded my daily risk. If I were more selective, then I could have had 0 trades for the day, and hence no losses.

Focus for December
- I must focus on my execution.
- I must focus on max loss for the day is 8 points. Assume the day will end up with -8 point loss, any profit beyond that is a bonus.
- I must take my 10min break after 2 loss.
- Rehearse taking losses.
- Trade first 1.5hr
- Never move BE stop after profit.
- Never move a stop.
- Being selective for bullish/bearish bar entries. Scratch if it doesn't move.
- Watch out for chasing trades. It only leads to bad entries, and potentially getting my stop hit.

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



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


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

Attached Thumbnails
quantum27 ES trading journal-es015.png  
Reply With Quote
The following 2 users say Thank You to quantum27 for this post:
 
  #45 (permalink)
Trading for Fun
Sydney/Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 137 since Aug 2009
Thanks: 2 given, 64 received

Tuesday 8th December 2009

What I did well:
- Some nice trading. Scored well.

What can be improved:
- Probably should have called it a day once I took the first profit +3.75. I need to be taking the best trades, and not overtrading.

I've changed the scoring, with exceeding risk causing the whole day to be -10. The 2 lines on the graph shows what the maximum score I can get for the day, and what the actual score I got. The aim is to have both lines the same.


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

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

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

Attached Thumbnails
quantum27 ES trading journal-es017.png  
Reply With Quote
 
  #46 (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, 83,221 received

Just wanted to congratulate you again on maintaining your journal, and also your bullet points, it really shows advanced wisdom with regards to trading



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
 
  #47 (permalink)
Trading for Fun
Sydney/Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 137 since Aug 2009
Thanks: 2 given, 64 received

Wednesday 9th December 2009

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


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


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

Attached Thumbnails
quantum27 ES trading journal-es024.png  
Reply With Quote

Reply



futures io > > > quantum27 ES trading 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
NMTraders ES Journal NMTrader Trading Journals 50 October 17th, 2011 08:03 AM
TMNT's Trading Journal: ES 5m candle, Price Action scalping tmntrader Elite Trading Journals 20 August 12th, 2011 04:37 PM
CW's ES Price action trading Journal cw30000 Trading Journals 25 September 28th, 2010 10:54 AM
Alex ES Journal arodrigu Elite Trading Journals 22 July 13th, 2010 10:48 PM


All times are GMT -4. The time now is 07:32 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 2017-12-13 in 0.11 seconds with 20 queries on phoenix via your IP 54.196.182.102