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  1. formikatrading

    Trading Crypto

    Trader Curt: Good luck to you. I can't say I agree with your reasoning but to each his own.
  2. formikatrading

    Last Pieces of the Puzzle Journal

    Well, yes.
  3. formikatrading

    Last Pieces of the Puzzle Journal

    Forex update: Primarily, I trade futures and Forex. For Forex, I have been utilizing a very conservative approach this year (may be too conservative). So far, the strategy has resulted in a 3.03% YTD return. I am posting my statistics so I can compare this over time and identify any...
  4. formikatrading

    Last Pieces of the Puzzle Journal

    "I feel your pain." Trading at home requires you to be even more disciplined and more intentional. At least for me, it's too easy to let things slide. In the past, I have typically missed a lot of good trades during the holidays or vacation when I'm trading on the laptop on the kitchen...
  5. formikatrading

    Road to 120% - 2019....if anyone even cares

    Congrats! But are you really being humble? :sneaky: Keep up the good work!
  6. formikatrading

    Trading Crypto

    In my opinion, yes. The more I understood the players and evolution of crypto, the less I think any of the current cryptos are viable long-term. So, I had to ask myself why would I trade crypto in a long-only account for a market that's likely in a permanent bear market? That's just my take...
  7. formikatrading

    Last Pieces of the Puzzle Journal

    Monday 02/04/19 1) FOREX WEEKLY PREP TRADE: Recorded possible forex trades for the week on my white board over the weekend. I looked at one this morning CADJPY which rallied overnight but for which I had a sell bias for the week. I entered the "short" trade this morning. Will evaluate at...
  8. formikatrading

    Last Pieces of the Puzzle Journal

    As discussed in James Clear's "Atomic Habits," being disciplined and becoming the trader you know you should be involves creating an IDENTITY and image of yourself that reflects that ideal trader so that how you behave is consistent with that IDENTITY. So if I identify myself as a disciplined...
  9. formikatrading

    Road to 120% - 2019....if anyone even cares

    So as mentioned, please give us a sense of your strategy without disclosing the secret sauce.
  10. formikatrading

    Road to 120% - 2019....if anyone even cares

    So was your strategy a "chop" or were YOU the chop for past 6 weeks? :D
  11. formikatrading

    Road to 120% - 2019....if anyone even cares

    How would you describe your strategy without giving us your secret sauce? Holding period? Instruments traded? How do you define your edge?
  12. formikatrading

    Road to 120% - 2019....if anyone even cares

    Palindrome: Best wishes for you this year. What needs to happen for you to achieve your goal? Do you break the annual goal down into quarterly or monthly goals? What improvements do you need to make as a trader? What has prevented you from reaching this goal in the past? What can we do as...
  13. formikatrading

    How do you stay disciplined?

    Follow your rules. Don't bet outside the optimum. Punish yourself for violating your rules. Reward yourself for following them.
  14. formikatrading

    Last Pieces of the Puzzle Journal

    Any big lessons / takeaways from January? I was positive in forex, futures and equities/options accounts for January but underachieved. The positive is that my losses keep getting smaller as my entries are much more precise. I continue to work on overcoming self-protective / trading-not-to...
  15. formikatrading

    Last Pieces of the Puzzle Journal

    I am US EST. The bond trade was not a good one all around BUT I could have mitigated the damage with a proper entry and maybe even had a small profit. On the positive side, I did recognize the mistake both in terms of analysis and timing quickly and looked to exit so while I took a loss, it...
  16. formikatrading

    Last Pieces of the Puzzle Journal

    Did make one mistake today that cost me. Had a potential sell signal on 30-year bond futures but the signal didn't "complete" until 5:00 p.m. EST. I ended up "anticipating" the signal and got in too early at 4:01 p.m. and it ran against me, whereas if I had waited, I would have had a much...
  17. formikatrading

    Last Pieces of the Puzzle Journal

    Today was the first day I stepped right in front of a fed announcement (right before 2:00 p.m. EST) and took a position and wasn't gambling. Had a buy signal on my charts and just took it without worrying about it.
  18. formikatrading

    Attention....Could I have your attention please!

    Thanks for the post. I agree with the general premise. That being said, this doesn't mean blindly holding overnight but when you have your analysis correct, it can be very profitable.
  19. formikatrading

    Last Pieces of the Puzzle Journal

    So since November 20, 2018, I have recorded every single trade I have taken in all accounts - futures, forex, options, ETFs. Everything but forex has been recorded in Trademetria; all forex trades since January 1, 2019 have been recorded in Edgewonk. I have done some journaling as well but the...
  20. formikatrading

    Last Pieces of the Puzzle Journal

    Good deal. Keep up the good work! If it's okay with you, I'll keep supporting you on this thread. I have a few things to work on myself so I may add some posts on occasion if that is acceptable.
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