NexusFi: Find Your Edge


Home Menu

 





ES Trading SIM - First Steps Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Bonacci with 29 posts (5 thanks)
    2. looks_two emini_Holy_Grail with 3 posts (0 thanks)
    3. looks_3 Howardw with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 5,594 views
    2. thumb_up 5 thanks given
    3. group 6 followers
    1. forum 36 posts
    2. attach_file 23 attachments




 
Search this Thread
  #31 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

So going to reduce target today after previous sessions...

08:46 ES gap up then gave back a little. Overall sentiment feels positive. Sector summary looking more red than green though right now.
08:59 My minds telling me quick SELL, but my body's telling me BUY
09:01 Trend is down
09:20 BUY @ 2,117.00
Bracket +2.25 / -2
09:27 Target Hit +2.25

P/L: +2.25
July: 23.00


Well target hit easily, annoyingly pretty much the perfect entry for going long. Ah well, retrospect. How to know the upside potential?


Reply With Quote
  #32 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

08:49 Drop Gap, bounce back up to 2nd S/R. Earnings season...
09:00 Trending back up towards 1 S/R below previous close. Follow the immediate trend or the question what is going to keep holding this up?
09:07 Going LONG @ 2,109.50 Bracket -2 / + 2.25
09:38 STOP HIT

P/L: -2.00
July: 21.00


So I managed to pretty much to go LONG at the worst time, hate writing this but need to keep myself honest and reflect.


Reply With Quote
  #33 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

Been out of action for a few days, took a nice long weekend break. In the mean I've setup with Tradestation, had some issues with this software however running now and hopefully can trade again very soon.

Reply With Quote
  #34 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

I hope it helps Charlie.

So today is my first TS trade, find it's taking a bit of getting used to after ToS.
Got up a bit earlier today as wanted trade earlier in the morning session, went back to a 4 point target/stop bracket.

I had reduce this down however the following Emini Manifesto gave me the courage to put back up.
Emini Trading Manifesto | Emini-Watch.com

08:40 Jumped on, downward trend, thinking of going for a quick short.
08:44 Short @ 2,067 +4/-4 Bracket
08:50 Target Hit +4 Points

P/L: 4.00
July: 25.00


Probably going to play around with TS for a bit, get more familiar with the platform.


Reply With Quote
  #35 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

Couple of trades today, more just experimenting with my new found tools. I hate to get distracted like that however if I can learn something of benefit then well worth it, looking at tick charts and time and sales info. Learning a bit of easy language as I go. I didn't create a time log as got a bit distracted staring at data.

Made 2 trades today, goes against my style however I was trying out some ideas later, hence the 2nd trade.
Used a lower frame tick for actual entry and was using T&S to try and get a feel for direction.

Possibly just blind luck lol



P/L: +4.00 ( 2 x +2.00)
July: 29.00

Reply With Quote
  #36 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

08:38 Prepare to trade
08:40 Watching charts and Time & Sales
08:45 Feel like things are shifting to Long, Buying @ 2,101.50 Setting +4/-4
08:46 Adjusted target to +2 (Not feeling confident on +4)
09:16 Target Hit +2

P/L: +2.00
July: 31.00


So this marks the end of the July Competition, good luck everyone.


Reply With Quote
  #37 (permalink)
Bonacci
Manchester/United Kingdom
 
Posts: 40 since Jun 2015
Thanks Given: 3
Thanks Received: 21

08:35 Charts open, ready for action, have stopped drawing S/R now, don't feel it's necessary now.
08:55 Feels like the tide is turning, potentially over zealous buying. Looking at going short
08:58 Short @ 2,096.50, +4/-4
09:00 Reduced target to +2
09:05 Target Hit P/L: +2.00

Today: +2.00
August: +2.00


In retrospect could have held out for that +4, happy to take gains though.

Looking at shifting to real trading next week.

Reply With Quote




Last Updated on August 3, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Sitemap - Downloads - Top
no new posts