Trader PnL 2017

Discussion in 'Journals' started by A2x2, Jan 9, 2017.

  1. Gotcha

    Gotcha

    Ah, ok then. Its completely unintuative to be showing a trade log along side a PnL blotter as if they match up though. And how you can manage to trade trades in one account vs. different trades in another, while trying to do good in both, I have no idea. I would be second guessing myself far too much if I was going back and forth between real and sim.
     
    #71     Feb 2, 2017
    d08 likes this.
  2. Well the combine is my main focus as of late. And it is helping me from overtrading on my real account. I have a certain edge and I need to trade it when I see it....but I also need to limit myself from taking every marginal trade so TST helps with that.

    I'm more focused on being engaged with the market(not necessarily one account over the other), and when I anticipate/see a market reversing at a level, I have limit orders placed on Ninjatrader. But sometimes during the day, when I see a 5 star setup then I would place the same order on my real account like with CL today. If you look at the trade log, you can see I took heat on CL initially trying to catch the bottom($140 loss one was initially a $100+ but I was dumb in managing the trade in letting it turn into a loser since I thought I caught the low and in my head thought we were going much higher) it was just more of a, "okay this could be the low but logically it was a 2 star setup)......then as CL broke my stop level....and really fell, then I saw the 5 star setup and went long on both accounts.

    I dont really try to "do good". I just have an edge and im trying my best to take a trade when i see it instead of thinking oh my god the markets gonna tank or its going to the moon. Or at least its easier fading momentum on combine than real acct.
     
    #72     Feb 2, 2017
    Gotcha likes this.
  3. Overtraded in a choppy market. I am calling it done for the day. $-200(traded overnight yesterday so not factored in trade log)

    Today the opening range was very limited in a slowly bull trending day. I wanted to get long YM out of all the other indexes since CL seemed it wanted to go higher. However I didnt stick to plan -1 point. 2nd I saw ZB @ resistance and CL @ support but froze up this morning and just watched until I couldnt take it anymore and chased CL long. Was profitable on that trade but it went 5x higher than where I took off profits :p Really calls for trading 2 contracts and leaving one as a runner and not listening to your emotions and just trade what you see.

    Another thing I messed up on was that I had resistance levels marked for NQ. It was leaking higher so I had some buy stops placed above key levels...Well it went up 5 points from my order getting filled but I saw volume capitulation....Usually I like to take profits when that happens, but I got greedy and didnt listen to my plan. Let the winner turn into a loser :p

    Now what I fucked up on the most today was I KNEW it was going to be a slow market due to limited opening range, yet I still expected the market to reverse exactly at my levels..... too tight of a stop and continously pressing cost me.(AKA NQ takes out my stop by a tick, and then drops 5 points lower funny) I am off my game today. Will reset after Super Bowl :) Should be a good game

    [​IMG]
     
    Last edited: Feb 3, 2017
    #73     Feb 3, 2017
  4. Ended up trading again this markets a freaking joke. They take out my stop exactly and then tanks LOLOLOL. Okay for real this time, no more trading.
    [​IMG]
     
    #74     Feb 3, 2017
  5. A2x2

    A2x2

    Net: +101

    1 trade, 1 winner.
     
    #75     Feb 3, 2017
  6. Overnight

    Overnight

    Your "no more trading" rule, you are not following it. Think about it.
     
    #76     Feb 3, 2017
  7. I know, I broke it plain and simple. Figured my risk was miniscule in catching a few ticks back, but market retraced 100% from correction level....did not expect that. No excuses and I deserve the loss
     
    #77     Feb 3, 2017
  8. algofy

    algofy

    You didn't blow out of the combine right? Where you at with it overall?
     
    #78     Feb 3, 2017
  9. Overnight

    Overnight

    Look at it this way...You didn't blow out, and you can get back in the game after a restful weekend. So there is a plus.

    (And always expect the unexpected.)
     
    #79     Feb 3, 2017
  10. A2x2

    A2x2

    Net: +93

    3 trades, 2 winners, 1 loser.
     
    #80     Feb 6, 2017