Trader P/L 2010

[kuro 10]

I have been looking at tick charts and I decided to try them this week. I do like than better than time based charts. Beans have a lot of volume and volatility at the open and then trails off , and with tick charts, it is easier to trade the volatility in the first half an hour.

 

This is just my opinion from one days trading and some 'eyeball' backtesting over the last month of trades, so take it with a grain of salt.

 

I am using the same rules/setup I used with 5 minute charts, and that will have to trade. I took 8 trades in the first two hours trading tick bars which is way too many for my taste.

[Dinerotrader 10]

I have been looking at tick charts and I decided to try them this week. I do like than better than time based charts. Beans have a lot of volume and volatility at the open and then trails off , and with tick charts, it is easier to trade the volatility in the first half an hour.

 

This is just my opinion from one days trading and some 'eyeball' backtesting over the last month of trades, so take it with a grain of salt.

 

I am using the same rules/setup I used with 5 minute charts, and that will have to trade. I took 8 trades in the first two hours trading tick bars which is way too many for my taste.

 

When I was trading soybeans I always used tick charts to get my entries. In fall last year, soybeans would really make some good trending moves so trading wasn't all that bad but they got much more choppier as time progressed and became harder for me to trade profitably. Throw up some charts if you can. I miss those charts with the crazy open ranges.

[Dinerotrader 10]

SIM

+$1095

 

 

 

Okay, getting back to SIM to work out a new strategy. Worked really well today but I always do better on days with larger moves and natural gas went down big. I will be watching a couple other markets since the setups I am looking for occur for less frequently than my old method. I'm expecting 2-6 entries per day.

[Cory2679 11]

-$31.99 (Sim)

 

[daedalus 10]

3 pars... boo hisss...

[Dinerotrader 10]

Real Money

+$112

2 entries

 

 

SIM

+$369

 

 

 

Had to quit trading early today and consequently missed the trade of the day on oil.

 

[bathrobe 10]

Chart from today, pleased with es trades which I marked.

[Cory2679 11]

+$36.02 (Sim)

 

[daedalus 10]

don't have my blotter today but trust me it wasn't pretty. 3 back to back losses. Shut down the platform at 9:45am and went into self-preservation mode.

 

Somedays just aren't gonna work, and today was one of them. If I hit them this bad I shut down and keep whats left in my account there, rather than risking it.

 

gross p/l: -192.50

[enochbenjamin 10]

Alright, still thinking about what EB said. Still.

I have a new progression step from newbie trader to professional live trader.

 

1. SIM privately

2. SIM trade posting your daily results.

3. SIM trade with others following along with their own real money trading

4. Trade your own money live.

 

If SIM is going well and you have a plan that is executable in a live setting, why not go start an account at Collective2.com

You have minimal fees and you can go on simply SIM trading. If you are really any good, people will begin to pay you to follow your trading. Now you have hardly any risk yet rather large potential for income but it is all based on results. Want to prove you can trade well without risking any of your trading capital? This seems like a no brainer.

 

Am I missing something?

 

Great idea, but...I've played with collective2 before and found it hard to enter real trades and then turn around and enter the trades on their system. But your concept is dead on.

[bathrobe 10]

Great idea, but...I've played with collective2 before and found it hard to enter real trades and then turn around and enter the trades on their system. But your concept is dead on.

 

As dinero and brownsfan know I have thought of possibly doing this but one of my major concerns is if I have entered long and then feel price is going to stall or turn around, on my account I can get out using dom; however, they say on their site that if you use the ninja dom you may not have your order sent to C2 (some sort of error sometimes occurs) and you would need to log in and get out using their ticket. This would create a loser that was really a winner on my end and would be detrimental as to the only reason I would be doing this is a track record. Obviously I would have made money and any subscribers would have lost which would lose subscribers if I had any and I would feel bad for them as well.

 

If you could expand on your experiences with them it would be very helpful.

[Dinerotrader 10]

As dinero and brownsfan know I have thought of possibly doing this but one of my major concerns is if I have entered long and then feel price is going to stall or turn around, on my account I can get out using dom; however, they say on their site that if you use the ninja dom you may not have your order sent to C2 (some sort of error sometimes occurs) and you would need to log in and get out using their ticket. This would create a loser that was really a winner on my end and would be detrimental as to the only reason I would be doing this is a track record. Obviously I would have made money and any subscribers would have lost which would lose subscribers if I had any and I would feel bad for them as well.

 

If you could expand on your experiences with them it would be very helpful.

 

I don't have very much experience with it yet but I know if you are in a postion there is a small "close position" button on the order screen that you could quickly click and exit your order immediately at market. You would just need to keep that ticket screen open in the background. If you need to exit at limit you would have to prepare the order ticket for a limit close of position before you needed to quickly exit and manually enter the price once you were ready exit. You can use there system in test mode to make sure it is performing as expected before starting your track record. Like I said though, I have very little experience with it.

[bathrobe 10]

Long four, scaled 2 and 2. Today's boredom was pure torture

 

 

[bathrobe 10]

I don't have very much experience with it yet but I know if you are in a postion there is a small "close position" button on the order screen that you could quickly click and exit your order immediately at market. You would just need to keep that ticket screen open in the background. If you need to exit at limit you would have to prepare the order ticket for a limit close of position before you needed to quickly exit and manually enter the price once you were ready exit. You can use there system in test mode to make sure it is performing as expected before starting your track record. Like I said though, I have very little experience with it.

 

I took a round turn about two years ago using the ticket but I think they should create a dom for futures traders. I use a computer for executing and one for charting so I would probably buy a laptop for C2; I do not use the internet on either machine (except for the connections to data and broker, but no surfing of the net) this is relatively new

[Cory2679 11]

+$16.56 (Sim)

 

[daedalus 10]

Slightly better day today... solid winner and a par in the 6B. Now if only it was half the $/tick... lol.

[Cory2679 11]

+$40.22 (Sim)

 

[daedalus 10]

little redemption today... 2 pars and a win. did F-up a bit as I passed on another winning trade in the 6E out of pretty much fear. Not professional action on my part.

[Dinerotrader 10]

SIM

+$754 (after commissions)

4 trades

 

 

A failed breakout is starting to become one of my most valued indicators.

 

Screwed up my 2nd gold trade and missed all that nice move down. I always trade poorly after I miss a big move so I am done for the day.

 

[JEHs 10]

I hate to even post this one...

[Cory2679 11]

+$19.52 (Sim)

 

[daedalus 10]

You did exceptional this week cory! Congrats!

[Cory2679 11]

[daedalus 10]

missed my par level by a tick and took a loss. boo hiss. two other pars that just missed profit targets. just one of those days. ONWARD!

[Cory2679 11]

+$18.31 (Sim)