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Small account ES day trading journal


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    1. looks_one T1000 with 63 posts (47 thanks)
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  #51 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

Trades

Large range day, waited for a spot where I could put a relatively tight stop. Quick scalp for 14 points using 1min chart. Letting the position run might've been the right move but happy with the gain.

Interested to hear your thoughts on how you would've managed this position / where you would've closed this. My logic was exiting near previous highs since there were many reversals on the 5min chart.




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  #52 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

Trades

Tried two longs on 5min double bottom but was quick to exit as 1h chart didn't look very bullish. Then two short attempts on 1/2min charts with second one making a profit. Was quick to take profits as my read for the day was trading range. Overall ~6pt profit for the day. Weekly profit target achieved (20pts) so might take rest of the week easy unless have free time and a good setup.




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  #53 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

One min and account balance




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  #54 (permalink)
Questionable
Austin Texas United States
 
Posts: 13 since Jun 2024
Thanks Given: 0
Thanks Received: 11

What platform are you currently trading on? Looks interesting. Thanks!


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  #55 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47


Questionable View Post
What platform are you currently trading on? Looks interesting. Thanks!

Interactive brokers for trading (Trader workstation) and tradingview for charts (not in the screenshots).


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  #56 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

I experimented with 50 and 200 EMAs on 5min chart but ended up removing them, more complexity but not much value add.

Currently have 20EMA and VWAP on 5min, 20EMA and 100EMA on 1h and 20/50/100/200 EMAs on daily. Last two timeframes for trend and context.

Longs above EMA and VWAP, shorts below.


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  #57 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

Trades

Quick scalp on 2min. First attempt was a loss (granted S/L was tight), profit with second. Did not let it run since in TR.


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  #58 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

Will check back around 12-1pm to see if there is a good setup, otherwise done for the week (most likely this).


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  #59 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47

Trades

First trade. Made a profit but late entry and early exit. Hesitated to enter the reversal and exited a bit too early. Latter is the bigger problem, have to experiment with trailing stops more this week or setting stop to b/e once at decent profit and letting trade run for 1-3h.


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  #60 (permalink)
T1000
Austin Texas
 
Posts: 63 since Jun 2024
Thanks Given: 7
Thanks Received: 47


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Last Updated on August 22, 2024


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