Hello everyone. I have been considering starting a journal the past couple of weeks and finally decided to get it done today. I really enjoy reading everyone's journals throughout the week and realized that other's will probably enjoy reading mine. It doesn't matter whether you like it or not, it just matters that people contribute and help others along the way. I've been trading futures since around October 2012. I have traded stocks in the past starting in 2004 with some luck and some failure, but nothing too spectacular. I know that my interest in trading has been in my mind for over a decade.
With that said, there is time for more background as I go along in the journal.
I took two trades out of four that I considered today.
# 1 was a /CL long that I was stopped out of early for small gain. I was buying on support on the 1 min and 15 sec chart.
# 2 was a /NQ short 15 minutes after market open that was cut short too. This one could have been a nice runner, but I let my mind get the best of me and took small profits. It's something that I thought I had negated, but it still happens more often than I like.
The arrows on the Ninja charts are green and red where I traded. I was trading on my TOS platform today. I switch back and forth between TOS and Ninja sometimes. I usually only use TOS for options trades, but changed that up a bit this morning.
I was going to buy CL later in the morning to retrace back to VWAP, but was sidetracked. I was going to buy some SPX options late morning, but decided the market was a little too hesitant for me to take that position. I'll post those trades as they come. SPX option trades are my favorite because they can be really big winners and make my month spectacular.
Charts are posted below.
By the way, thanks Mike for starting this blog. I'll answer any questions about my strategy and trading journey as they come.