Yeah, I know this is a Forex forum but I have never been one to follow the "rules'. LOL!
Several people have asked me to at least put up a journal to explain how I trade futures. So, here I am, starting another thread. I have a bad habit of starting threads and then losing interest quickly and then they just die. Maybe this will be different, maybe not.
I trade ES, YM, NQ, CL and sometimes 6E. I use lagging indicators because everyone says you can't trade with lagging indicators (told you I don't follow the rules). I have 4 ema's that I use. More on that in the morning when I officially kick off this thread.
I try to stay in trades as long as possible but if the markets get choppy then I have no problem switching to scalping primarily NQ. When I do, I will post those here as well but probably not until after I am done. Too hard to trade and post when you are scalping.
Now for the rules:
1. Don't post your system here. It's not your journal it is mine.
2. Take the time to search before asking questions. No need to answer the same things over and over.
3. As**oles will be blocked. You wanna be a jerk, go somewhere else.
4. While I will do my best to explain what I am doing, please understand that by nature I am not a teacher and quite frankly suck at it. Be patient with me.
5. I really don't care about some super special holy grail indicator that you have that will make my trading so much better. What I do works just fine. Thanks anyway.
Initially to keep things simple I will trade just 1 contract on each. Maybe for a week or so then slowly ramp it up. I don't want the normal number of contracts I trade to cause people to get blurry vision and just blindly follow what I am doing. I have already made what I want for the first quarter of 2019 anyway so it really won't hurt me. It will also allow me to focus more on showing people what I am doing without the pressure of larger contract sizes. Besides, I want to show people what the potential is with just one contract. It can be mind boggling at times. LOL!
Once I am done for the day, I will post gross and net profits which will also show that this is being done on a live account. I use NinjaTrader and there is no simple way to show this during the day without constantly having to edit screen shots. I will also try to post some reports that NinjaTrader generates to help show the final results.
I will grab screen shots when I first place the pending order and then at several key points during the trade. DON'T JUST FOLLOW MY TRADES BLINDLY. Hopefully, if you like what I am doing, you will learn to do it yourself. If you don't and I stop posting here, you are lost. Don't do that to yourself. Sometimes I will post the screen shots without any notes. Hang in there, I will go back and edit when I have the time.
So, let's have some fun with futures shall we?
Several people have asked me to at least put up a journal to explain how I trade futures. So, here I am, starting another thread. I have a bad habit of starting threads and then losing interest quickly and then they just die. Maybe this will be different, maybe not.
I trade ES, YM, NQ, CL and sometimes 6E. I use lagging indicators because everyone says you can't trade with lagging indicators (told you I don't follow the rules). I have 4 ema's that I use. More on that in the morning when I officially kick off this thread.
I try to stay in trades as long as possible but if the markets get choppy then I have no problem switching to scalping primarily NQ. When I do, I will post those here as well but probably not until after I am done. Too hard to trade and post when you are scalping.
Now for the rules:
1. Don't post your system here. It's not your journal it is mine.
2. Take the time to search before asking questions. No need to answer the same things over and over.
3. As**oles will be blocked. You wanna be a jerk, go somewhere else.
4. While I will do my best to explain what I am doing, please understand that by nature I am not a teacher and quite frankly suck at it. Be patient with me.
5. I really don't care about some super special holy grail indicator that you have that will make my trading so much better. What I do works just fine. Thanks anyway.
Initially to keep things simple I will trade just 1 contract on each. Maybe for a week or so then slowly ramp it up. I don't want the normal number of contracts I trade to cause people to get blurry vision and just blindly follow what I am doing. I have already made what I want for the first quarter of 2019 anyway so it really won't hurt me. It will also allow me to focus more on showing people what I am doing without the pressure of larger contract sizes. Besides, I want to show people what the potential is with just one contract. It can be mind boggling at times. LOL!
Once I am done for the day, I will post gross and net profits which will also show that this is being done on a live account. I use NinjaTrader and there is no simple way to show this during the day without constantly having to edit screen shots. I will also try to post some reports that NinjaTrader generates to help show the final results.
I will grab screen shots when I first place the pending order and then at several key points during the trade. DON'T JUST FOLLOW MY TRADES BLINDLY. Hopefully, if you like what I am doing, you will learn to do it yourself. If you don't and I stop posting here, you are lost. Don't do that to yourself. Sometimes I will post the screen shots without any notes. Hang in there, I will go back and edit when I have the time.
So, let's have some fun with futures shall we?