Challenge of Weekly Profit trading Futures

Discussion in 'Journals' started by Trade4gainz, Aug 12, 2018.

  1. RDK91,

    Very well written. And definitely worth savings.

    Thank you very much RDK91. This is very refreshing to read and its straight forward. I appreciate the comments. TOS have market replay, and I will make use of it. I like to add that, backtesting a strategy for 50-100 trades manually is better then just going straight to programming the strategy first. While manual backtesting I notice more ideas.

    I would add to get some chart time as well.

    Thank you.
     
    Last edited: Sep 5, 2018
    #341     Sep 5, 2018
  2. Trade4gainz,

    You can use ThinkOrSwim or NinjaTrader. NinjaTrader Strategy Analyzer has free historical data up to about 10 years all the way to the 1 minute time frame.
     
    #342     Sep 5, 2018
    Trade4gainz likes this.
  3. Early scalp trade. Worked on refining some setups so will go back to small entries and limited trading.

    + BOT 3 NQ Sep21'18 @GLOBEX 7609.90 06:24:24

    SLD 2 NQ Sep21'18 @GLOBEX 7617.25 06:48:57 285.13
    SLD 1 NQ Sep21'18 @GLOBEX 7612.25 07:51:23 42.57 (stop hit)

    $327.70
     
    #343     Sep 5, 2018
  4. Took anotehr swipe at that big move. 3 trades. The middle trade was so horrible in hindsight I am embarrassed by it as it went against a lot of my set ups. Only excuse is I fucked up because no idea why I took that. Here is morning total.

    If I take another trade I will force myself to only do 1 contract as punishment for that middle trade stupidity.

    upload_2018-9-5_10-5-48.png

    Net Profit: $2,124
     
    #344     Sep 5, 2018
  5. Trade update

    based on new strategy profit target are less but success rate is very high

    for the week $400+
     
    #345     Sep 5, 2018
  6. Thanks
     
    #346     Sep 5, 2018
  7. Saw two more scalps and as per my previous post, forced myself to only do 1 contract for control. I am going to stop myself before I ruin a good morning.


    upload_2018-9-5_11-55-57.png

    Net Profit: $2,356
     
    #347     Sep 5, 2018
  8. Great straight-up trading El! None this fancy footwork math magic options BS... straight up. :thumbsup:
     
    #348     Sep 5, 2018
    El OchoCinco and SimpleMeLike like this.
  9. Update on today. +$60 trading one contract since my last week was bad. Today I didnt follow my rule and did not set my max profit target ( i did set my stop loss) soon as I enter trade, looked away from the computer, for 5 minutes , and missed $400 trade. I had to hurry and exit for small profit. Also took a bad a trade for -$200.

    That one hurts.
     
    #349     Sep 5, 2018
  10. That is some impressive trading, especially after mistake trade loss. Nice and good day.
     
    #350     Sep 5, 2018
    El OchoCinco likes this.