Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

brownsfan019

Trader P/L 2010

Recommended Posts

Ha thales, fair enough. I admit I do get a bit lazy when it comes to putting up screenshots.

 

This is for 11th jan, haven't traded since:

 

0h0anz4w.jpg

 

Basically, although looking at it from an intraday perspective I did OK, from a swing point of view I should have held the position because this is what it did over the next three days:

 

3c2xwdha.jpg

 

The black lines indicate my short entry and exit.

Share this post


Link to post
Share on other sites

I am 1,000% satisfied with this week, plain and simple.

 

Even so, I still feel like I could have done better this week...but I guess most people probably feel like that most weeks, regardless of the results.

 

I hesistate to get happy/excited just yet though...I know this is just one week.

 

Have a good weekend!

 

-Cory

PL.jpg.cec805a6981683e7b04e848f78cc1490.jpg

Share this post


Link to post
Share on other sites
I am 1,000% satisfied ..

 

"Great kid, now don't get cocky!"

 

Congrats Cory! That is excellent. But you are right, it is just one week, and in order to get those results week after week you need the discipline to do the same thing over and over and over again, without getting tempted or distracted.

 

Excellent trading!

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

Traded like trash, missed the entire down move in the DAX, even though I had anticipated it. I kept waiting for the market to bounce back to short it, but it never did. Ended up placing a stupid long that got destroyed in 5 mins (I thought the market had fallen enough)

 

segsgjsl.jpg

Share this post


Link to post
Share on other sites
I am 1,000% satisfied with this week, plain and simple.

 

Even so, I still feel like I could have done better this week...but I guess most people probably feel like that most weeks, regardless of the results.

 

I hesistate to get happy/excited just yet though...I know this is just one week.

 

Have a good weekend!

 

-Cory

 

Now you can take back your 50$ :)

 

Gabe

Share this post


Link to post
Share on other sites
SIM

+179

 

Started trying the YM and NQ today.

 

attachment.php?attachmentid=17853&stc=1&d=1263585186

 

Dinero,

 

What was it you think that gave you trouble on the YM and NQ? How did they compare to bonds, grains, and other markets you usually trade?

Share this post


Link to post
Share on other sites

I'm a little behind here but that's no reason for this thread to die off. I've been very busy lately so I may not be posting daily but will try to keep it going.

 

1-14-10: -$190.00

Took a nice hit on the RLM that day. Not fun.

 

1-15-10: +$210.00

Thanks oil!

 

1-20-10: +580.00

Much better all around today.

1-14-2010.png.d21d86219afefaae0929d25515fcaeec.png

1-15-2010.png.576dadf91604875457be8eef1b88ac95.png

1-19-2010.png.a3f1dfff7e2695e1ff43256d7de13294.png

Share this post


Link to post
Share on other sites
Dinero,

 

What was it you think that gave you trouble on the YM and NQ? How did they compare to bonds, grains, and other markets you usually trade?

 

Several things:

1. I still suck at trading

2. I have never traded the YM or NQ so I am unfamiliar with how they move bar by bar

3. YM/NQ/ES all move in similar ways so switching between them when they are all setting up or beginning to move from news is tricky. I'm not used to watching multiple futures that move often in tandom.

 

I almost never trade bonds right now.

 

What got me interested in oil and grains was that they can move quickly and often without a whole lot of choppiness. Of course, that changes over time. I trade far too many markets right now and I am currently figuring out how to scale back.

 

My plan right now is trade 2 futures on smaller time frames and keep an eye out on the others with larger time frame charts. I hate to look at some future in retrospect and see that there was an obvious reversal opportunity if I had only noted the S/R level that was obvious and then kept an eye out for its approach to that price.

 

I'd also like to get so I can hold some positions for many days if I got primo position on a large time frame chart without having to use a 50 tick stop.

 

I've heard this many times and am realizing it more now, that many trading methods are good in a trending or a choppy market but not both. This leads me to think you have to do one of the following:

1. find a way to determine what each day is going to be before trading and then use the matching method (not sure anyone has a good way to predict if the days action will be trending or nontrending)

2. find a method of trading that works in both

3. trade your method on both types of days but try to set rules to limit losses on a day that is not ideal for your method

4. give up and play the lotto

 

That is more than you asked but I had a few more things on my mind.

Share this post


Link to post
Share on other sites
Several things:

1. I still suck at trading

2. I have never traded the YM or NQ so I am unfamiliar with how they move bar by bar

3. YM/NQ/ES all move in similar ways so switching between them when they are all setting up or beginning to move from news is tricky. I'm not used to watching multiple futures that move often in tandom.

 

I almost never trade bonds right now.

 

What got me interested in oil and grains was that they can move quickly and often without a whole lot of choppiness. Of course, that changes over time. I trade far too many markets right now and I am currently figuring out how to scale back.

 

My plan right now is trade 2 futures on smaller time frames and keep an eye out on the others with larger time frame charts. I hate to look at some future in retrospect and see that there was an obvious reversal opportunity if I had only noted the S/R level that was obvious and then kept an eye out for its approach to that price.

 

I'd also like to get so I can hold some positions for many days if I got primo position on a large time frame chart without having to use a 50 tick stop.

 

I've heard this many times and am realizing it more now, that many trading methods are good in a trending or a choppy market but not both. This leads me to think you have to do one of the following:

1. find a way to determine what each day is going to be before trading and then use the matching method (not sure anyone has a good way to predict if the days action will be trending or nontrending)

2. find a method of trading that works in both

3. trade your method on both types of days but try to set rules to limit losses on a day that is not ideal for your method

4. give up and play the lotto

 

That is more than you asked but I had a few more things on my mind.

 

Thanks for the response! I was mostly asking because I've always just looked at the YM, NQ, and ES. I've just started looking into oil and gold for the same reasons that you stated. Just wanted to see what the difference was in your eyes as far as some of the more common markets like YM and NQ versus the others. Meaning was it more choppy, or just different overall.

As for as the options you listed as the end of your post - figuring out whether it will be a choppy or trending day is almost impossible. It's always obvious after the fact. I suggest setting loss limits and either changing strategies or calling it a day if one just isn't working. You know all the cliches by now - "live to trade another day", "capital preservation on tougher days is just as important if not more important as winning days", etc. If the market isn't behaving the way you like to trade, then just don't trade.

Share this post


Link to post
Share on other sites

been a little busy myself recently. Im involved with too many trading forums etc at the moment and trying top spread my time out a little.

I'll just give you the tick count for the last few days, as you know i always only trade 1 contract, and i cant be bothered to work out and post all of the dollar amounts/trade blotters.

 

thur- (-20 pips)

Fri - +5 pips

Mon- (- 4pips)

tue - +20 pips

 

today:

+$527 - very good day.

tlpnl.thumb.JPG.a84257701b8dd79b6f585c952621fb50.JPG

Share this post


Link to post
Share on other sites

funny day but turned out ok.

 

attachment.php?attachmentid=18102&stc=1&d=1264033324

 

i guess i should explain the funny part - when i booted up this morning i had gaps in my data and since I use vwap and peak volume the info was useless. i was forced to turn everything off and try and remember how to draw DeMark Trendlines. So I traded trendline breaks off of shooting stars all day with absolutely no indicators. I surprised myself.

5aa70fae83f97_P-n-L1_20.png.47df65ebc58ebfb49f4dbf1de02faac4.png

Edited by enochbenjamin
added comments

Share this post


Link to post
Share on other sites
I've heard this many times and am realizing it more now, that many trading methods are good in a trending or a choppy market but not both. This leads me to think you have to do one of the following: ...2. find a method of trading that works in both

3. trade your method on both types of days but try to set rules to limit losses on a day that is not ideal for your method

 

You are trading too many markets. I do as well, but my primary vehicles for my own account are the 6B, 6E, and 6J. Most of those whom I know actually to do well at this game trade one market, or if multiple markets, they are related, e.g. oil and gas, Notes and Bonds, ES and NQ, Euro and Yen.

 

I have no idea how you are selecting your trades, but the easiest way I know to maneuver between chop and trend is to apply the long/short sequences, aka 123's, and the concept of chop zone to your S/R analysis. Whatever you are using, whether it is candlesticks, MA crossovers, astrology, etc, you can use those few PA concepts to help set you right more often than not (though it will not immunize you from losses to be sure).

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • It depends. If you have lots of money that you can buy a house without a loan and if you don't have any parents to sponsor then it is a good idea. Otherwise it might be a bad idea depending where in Canada you are heading to. I earned a good middle income in my home country and I migrated to Vancouver 5 years ago at the age of 35. I had to start right from the bottom, lowest of the low.. Now i am finally earning a middle income in Canada but I still cannot afford to buy a one bedroom apartment. Having left behind friends, family and home, most of the times I think it is not worth it.   In short, do not migrate if you already have a good life in your home country and you are happy. Only migrate to Canada if you really have to leave your home country say there is a war or something really bad. Discrimination still exists here and its really tough for newcomers unless you are super rich. Good luck. David Chong, Quora  
    • This is bigger than the internet. Bigger than mobile. Bigger than social media.   While everyone was distracted by stock market fluctuations and political theater…   Most people have NO IDEA what just happened last week with ChatGPT.   Their new memory feature allows ChatGPT to remember EVERYTHING about you across all your conversations.   Think about that for a minute...   While most tech companies have been collecting mere breadcrumbs about you - your likes, your clicks, your browsing history - OpenAI is now collecting the most valuable dataset in human history: your complete psychological profile.   This is Zuckerberg x 5,000.   The more you use ChatGPT, the more it understands you, becoming a supercharged reflection of yourself that improves at an exponential rate.   Are you a regular ChatGPT user?   Consider whether it’s time to turn off the “you can train on my information” feature. To prevent your data from being used for training while still using the memory feature:   Disable Model Training: Navigate to Settings > Data Controls. Toggle off "Improve the model for everyone". Manage Memory Settings: Go to Settings > Personalization > Memory. Here, you can: Turn off memory entirely. Delete specific memories. Use Temporary Chat for sessions that won't be saved or used for training. Now the investment implications…   Why This is Bigger Than You Think Consider this: the relationship between humans and ChatGPT is evolving beyond a mere tool.   People are now treating these AI assistants as friends, confidants, and even romantic partners.   I'm not making this up - there are already documented cases of people ending real human relationships to pursue “connections” with their AI companions.   A viral Instagram meme shows a person going through life with a glowing, featureless humanoid figure - representing ChatGPT - as their companion.   The post has over 1.1 million likes and comments like "Bro ChatGPT is like my best friend. Ain't even ashamed to say it" with 25,000 likes.   But here's where things get really interesting for investors and entrepreneurs...   Three Things to Watch For starters, hardware is the next big thing for the big players.   The iPhone form factor is dead.   It hasn't meaningfully changed in nearly a decade. The next evolution in hardware will be designed specifically to interface with these AI companions.   OpenAI is already working on hardware with Johnny Ive, the legendary designer behind the iPhone and iPod. But you can’t ignore Elon Musk’s edge here.   So what does all of this mean for you?   The companies that control the personal AI relationships will be worth trillions. OpenAI and Elon Musk will have the coziest moats. We're witnessing the birth of a new internet - one built on agents that can communicate with each other across platforms. Google's new agent-to-agent protocol allows AI agents to work together without sharing internal memories or tools. The hardware companies that create the perfect interface for these AI companions will dominate the next decade of technology. And almost nobody is talking about what this means.   My prediction? Within five years, most people will have a personal AI that knows them better than anyone else. And they will interact with it in ways that seem foreign today.   (And, yes, it will almost certainly have dystopian elements.)   In the meantime, the biggest gains won’t come from household names. And, right now, James is seeing a prime opportunity to invest in the most under-the-radar plays in AI…   For dirt cheap. By Chris C. Source: https://altucherconfidential.com/posts/use-chatgpt-protect-yourself-now
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.