Recent content by GenZFuturesTrader

You will have to excuse the poor grammar. I just realized infamous is a negative term. Famous was the word I was looking for. Duhh... lol

LOL I will make sure to do that.

Thank you for that. I meant infamous as a compliment because I heard a few others mention it. I will take a look at your journal and see if I can implement some of this in my trading. I will let you know how it goes. I appreciate the time and effort!

I have taken a break from trading and will now be updating my results weekly on Friday instead of daily. I am adjusting my method as I have been disgracefully unprofitable and came close to blowing up my account. I will update on Friday and may get back to daily journals at some point. I am...

Thank you for that that is very interesting. I will need to study it some more in order to be able to apply it. I assume this is part of the infamous ‘volpri method’?

You are right in that indicators are not necessary. I do keep a 9 EMA indicator up as a general guide on how the market is moving. Thats a personal choice and not a part of the Strat. The Strat is a system that breaks down price action and helps show who is stronger and helps gauge magnitude. It...

I will have to check ninja trader for that. I think that comes in handy when doing a quick analysis of the market structure. I like the strat because I find it simple and straightforward. I am curious how it will perform in your backtest.

Ah I see. I think as long as you manage can manage the drawdown then swings can be worthwhile. It depends on personality and goals etc. Ouch on the stop out during the March crash. The markets as of late always seem to find their way back to ATH. Every one screams it is the end of the world and...

Yes I am trying to really trying to stay accountable and fix these problems. I do not have any indicators but I will have to look into it. Because I trade the NQ and ES I usually know if it is FTFC or not. What would be helpful would be some sort of auto broadening formation drawer that could...

Nice on closing those swings out. Volatility is a part of the game. What stopped you from closing them out when they were down so much? Swing trading can be great if you get a good entry and by taking "small positions" you allow yourself the flexibility to sit through that drawdown as long as...

Yes I am going to set a hard size rule no more mental gymnastics with the risk adjustments. I dont like to make those hard profit targets because as the day goes on I am some times presented with more opportunities and I can keep on trading if it is a trend day or if the market moves. In...

Yes I totally agree. My problem is trying to over leverage when that does happen in order to make a massive profit. I am constantly losing money trying to catch the big one. In the long run those events are somewhat rare and by risking 10% of my account each trade with a tiny stop it will lead...

Today was brutal. I would rate it 3/10. Constantly stopped out which is fine all part of my strategy BUT I yo-yoed with my position sizing. Went in with full size, get stopped, then lose confidence and size down. Make a trade and win then go back to full position and lose. Erasing the profit and...

Good call on closing the trade, hard to hold stuff for very long this time of the year. Rules are key IMO just need to find a way to follow them... lol. Enjoy the time off dude.

Yes I am working on being more objective and not taking losses personally. The low volume chop should not have been traded and that was my downfall today. My triggers did not have the follow through I like and that is why I stopped out. I am happy because in the past on days like this I would...