NexusFi: Find Your Edge


Home Menu

 





Sarah's Silver ATS Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one SarahKrantz with 8 posts (4 thanks)
    2. looks_two xiaosi with 2 posts (1 thanks)
    3. looks_3 kevinkdog with 2 posts (2 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 3,445 views
    2. thumb_up 7 thanks given
    3. group 3 followers
    1. forum 13 posts
    2. attach_file 9 attachments




Closed Thread
 
Search this Thread
  #11 (permalink)
 
SarahKrantz's Avatar
 SarahKrantz 
new york city
 
Experience: Intermediate
Platform: nt
Trading: es
Posts: 42 since Apr 2013

Still in the SI trade from Friday and the ATR Trailing Stop is employed.

Attached Thumbnails
Click image for larger version

Name:	SI_7.1.13.jpg
Views:	214
Size:	195.2 KB
ID:	117379  
Started this thread

Can you help answer these questions
from other members on NexusFi?
How to plot a custom icon for crossover
NinjaTrader
Help re translation of ninjascript to EL
NinjaTrader
Better Renko Gaps
The Elite Circle
What You Know vs How much you know about it
Traders Hideout
Forcing plots to disappear/reappear?
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
ApexTraderFunding.com experience and review
98 thanks
HumbleTraders next chapter
56 thanks
Winning attitudes create winning traders
38 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
23 thanks
Learning to Trade with the Big Money
22 thanks
  #12 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,377


SarahKrantz View Post
This trade has an unrealized profit of $5,025 thus far.

Now for some color commentary. This is a perfect example of why I can't trade this system manually for two main reasons. One, I could never resist the urge to take a profit way before this level and two, never would I hold this position over a weekend especially given the volatility of late. My heart would be pounding, my palms and underarms sweating, and I couldn't sleep a wink.


Why do you think making it automated will stop your heart pounding, palms sweating, etc?

My experience: Automated does not mean "no emotions." In fact, there will be times where your emotions are more out of control with automated than with manual/discretionary trading.

Follow me on Twitter
Thanked by:
  #13 (permalink)
 
SarahKrantz's Avatar
 SarahKrantz 
new york city
 
Experience: Intermediate
Platform: nt
Trading: es
Posts: 42 since Apr 2013



kevinkdog View Post
Why do you think making it automated will stop your heart pounding, palms sweating, etc?

I'm not going to second guess the strategy, unless it starts to deviate well beyond historical norms which I am comfortable with. However, there is a cancel button in case of a psychological emergency.

Started this thread
  #14 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,377


SarahKrantz View Post
I'm not going to second guess the strategy, unless it starts to deviate well beyond historical norms which I am comfortable with. However, there is a cancel button in case of a psychological emergency.

Automated systems will not make second guessing go away. Unfortunately.

Follow me on Twitter
Thanked by:

Closed Thread



Last Updated on July 1, 2013


© 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 - Downloads - Top
no new posts