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The psychological differences of trading sim vs. real trading are truly monumental. Taking actions (trades) that result in real losses are much more likely to influence future decisions - not sticking to trading plan, trading opposite of the "system", wild trading, etc. I know traders that...

Not sure why some like to dog ol' B1S2 so much. He's a bull testing whether the most epic bull market of our time has one more leg left in it or not. Bull and bear biased swing traders have both made some nice coin in 2018, so long as they used any stops at all when they have been on the wrong...

In the short term I could see this making a big ole W pattern up to that 2740 - 2750 area to suck everyone back in before spitting them out again. This bull market has been unprecedented in its strength, so I wouldn't be surprised if the way it fails is equally unprecedented. Just having it...

I'm hoping this rally will extend this period of volatility. I'd like to see these type of markets around for several more months. Nice, volatile two way action in CL too. I could see a sharp down break occurring after everyone trying to short has thrown in the towel just because the market...

On board with thinking an explosive move coming too. Futures level away from all time closing highs are interesting here: NAS 100 FUT is .8% from ATH close SP 500 FUT is 5% from ATH close DOW 30 FUT is 7% from ATH close Feels like somethings gotta give...

FWIW, I've changed my daily NQ trade due to this high volatility. My previous approach was to take a signal and enter the trade in pre-market hours using a -25 pt NQ stop loss. Since Feb 19th, I have used the same signal, but break my daily trade up into two entries, each with a -15 pt NQ stop...

So I'm looking at the NDX monthly chart and I'm thinking, wow what a odd looking monthly candle pattern setting up for January and February. I bet that hasn't ever happened quite like that before. Then September and October 1998 says "Hello, remember this?" Not saying it means anything...

Good points all around. Yes, not necessarily looking for an absolute price floor, but a potentially stronger floor area. An area where downside velocity is less likely. Price from this area may move lower, but likely in a slower, more measured move. Whereas this price area could have more...

Interesting concepts I haven't considered before. Thanks for posting it.

Question for the Ag traders here: Do you find that the softs and grains have limited downside potential as price begins to settle near multi-year lows? The thought being that as store-able, but more perishable than other commodities (CL, NG, GC, etc) and they are part of a fully mature...

Retiring the 8 Futures Basket This past week will be the last I trade this 8 Futures Basket. In the initial post I was going to trade this until it cracked, but I have gained enough insight from live trading to have a better feel for its risk of ruin. The past 10 weeks have acted like a...

Week Feb 19th – 23rd Bounce back and forth continues. 3 wining day, 2 losing days. 18 winning trades, 19 losing trades with 12 full stop losses. No trades in KC, HE, and LE on the holiday. Tried a different entry time and stop loss combination on NQ and it performed better than the...

Thought I would post a sample of a simple tool I use when trying to construct a basket of futures trading strategies. This simple visuals helps me see the ebb and flow of what I am getting into from back test results. The below is an Excel screen grab showing the back test results of the each...

rin4net, Good luck! Put the trolls on ignore (you probably know who they are) to make the journal experience better. Regarding selling too early, do not beat yourself up on that too much. Selling too early is usually a thought people come to after the price history has played out and they...

Yes, the $25K figure is about 2.5 the historic, maximum drawdown, so I chose that as it would be a negative number clearly invalidating my approach. I have done some thinking along these lines to pull individual instruments or replace them, but not yet put anything into practice. For instance...

The HWM was made on Jan. 11th. Backtest shows an average of three long term equity curve "grinds" per year each one lasting 4 to 6 weeks. With backtest being optimal results I expect actual trading grinds will be a little deeper and possibly longer.

Week Feb 12th – Feb 16th One step forward, one step back again. The last six weeks have alternated between positive and negative, so P & L curve is spinning its wheels right now. 1 wining day, 4 losing days. 14 winning trades, 23 losing trades with 15 full stop losses. 3 trades not...

I am considering putting this trade at market close Mon - Thu, trade put on close of day Friday due to the weekend. NQ regular session will signal the trade. Open the pairs trade at regular session close. If NQ is up during regular session, 1 NQ long with 1 RTY short overnight. If NQ is down...

Thanks HT. It's not that impressive in total return as a single well placed discretionary trade in the ES could net someone 60 points or more easily this week. But for how it trades, not having it blow up with a big red week is a good thing. Other styles of trading definitely cashed in big...

The 180 mark is also the start of the DIA's parabolic move on the chart from Nov. '17 through end of Jan. '18 where a 44% increase occurred in 13 months with an average 3.4% increase per month during that time. Before last parabolic thrust up, the DIA up move from Mar. '09 through end of Nov...