jasinhbca's quest for discipline, knowledge & profits

Discussion in 'Journals' started by jas_in_hbca, Nov 16, 2010.

  1. Redneck

    Redneck


    Good job




    I call BS - but will leave it at that for now


    ==================


    Straight up you're doing great J - no two ways about it

    This business demands our best - each day..., each trade


    :)

    RN
     
    #1861     Sep 1, 2015
    jas_in_hbca likes this.
  2. Handle123

    Handle123

    It's been over a year I was using Ninja, but I recall tracked MFE & MAE as I used that to define each month unless they changed it.

    Steady growth is what you want, being 100% is unrealistic, even if automated as that has to be tweaked every month, it is tough to program exactly what you see as reasons of not taking trades based on something that happened four hours ago. Rapid growth of an account messes with one's head too much thinking you better than you are, money does not make the trader.

    Congrats.
     
    #1862     Sep 1, 2015
  3. I'll get there. I need to do this in stages. Relates to something I discovered in this trading journey. Inner critic and all that stuff :rolleyes:

    :)

    jas
     
    #1863     Sep 1, 2015
    Redneck likes this.
  4. thanks handle.

    I've exchanges emails with Ninja. Everything works fine if I log into IB then ninja but if I log into Kinetick then IB , Ninja won't calc mfe mae. They know it's bug. It's why all my PnL's I post don't have data for those columns.

    Actually it really irritates me that they haven't fixed it yet
     
    #1864     Sep 1, 2015
  5. Handle123

    Handle123

    Today, another day making mistakes, being the "Newb", woke up late throw me off, traded longer than norm. Very seldom do I go whole day without saying "WTF did I do this for?", age catching up, reason for automation. Volatility to me means risking more and getting less. I get slippage but don't change targets.

    Stress just stops us from thinking or more like memory challenged, LOL.
    Already did Starbucks, back to back testing options.

    Jas, One of the things I never liked about Ninja, fixing problems seems to always be 1-2 versions later.
     
    #1865     Sep 2, 2015
    Iwilldoit and jas_in_hbca like this.
  6. Well, I pretty much killed it today. That is, I traded the plan well and it paid off nicely.

    Mostly traded CL after inventory report. I was using 25 tick targets and that was leaving money on the table. Didn't move my targets though. Not once. :) That's pretty huge. When I switched over to NQ recently my commitment to better discipline in CL never got tested. Moving targets was a big issue for me. Passed that test today.

    Had to widen some stops and hold through more mae than I like but the trades worked and it was proper thing to do. One trade I did not want to take thinking I should wait for bigger PB and that I was going to get trapped. But the set up was pretty clear so I took it and bamm quickly to target. My last trade was patiently stalked and that worked also.

    I do like CL.

    8 CL trades +75 ticks (4 wins 4 losses)
    1 NQ trade - 4.75

    This patience and relaxed attitude thing works pretty well. I will remember that for tomorrow.

    So yeah, a little excited. But tomorrow will return to calm focus.
     
    #1866     Sep 2, 2015
  7. Redneck

    Redneck

    J

    Lot of good in today's post..., but also some potential red flags - (imo)



    This is beautiful



    Make certain you do - before trading - please

    Good Job today

    Just be mindful - it a career..., not a one night stand

    RN
     
    #1867     Sep 2, 2015
    jas_in_hbca likes this.
  8. I agree. This day has to be old history by tomorrow. Need to be unemotionally focused on the present.

    :) Right.

    jas
     
    #1868     Sep 2, 2015
  9. Handle123

    Handle123

    Excellent Jas, what exactly is "leaving money on the table" I often hear people say this but this never makes any sense to me cause it doesn't add to bottom line if you violate rules of exits and unless you do extensive back testing, changing targets just cause makes for immature acts based on emotions. But does seems to have improved your crude trading by adding NQ which tells me before you were concentrating way too hard on one market, often times traders get bored following one and force trades.
     
    #1869     Sep 3, 2015
    zbestoch likes this.
  10. Handle123

    Handle123

    STARBUCKS TIME, Fade the reports, harder they go in one direction, go the other way when they stop going hard.
     
    #1870     Sep 3, 2015
    zbestoch likes this.