IncreaseNow's "Sell/Short" Futures Journal

Quote from nkhoi:

its not uncommon for a trader to move from branch to branch in search of low hanging fruit.
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yes for a "trader"

incy is not a trader yet
 
Quote from TheMan:

now you are trading the Russell?

on a serious :cool: note, i have a serious :cool: question for you.

If experienced traders are telling you to focus on just one market to start with, and learn that one market.

being that you are not successful at trading, how do you justify jumping from market to market?
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hmmm...interesting comments...here is my take since I'm the dude everything is directed at...which, I do really appreciate the positive trying to help comments of which there has been many!!!

First of all, my time is limited that I am able to trade due to my other responsibilities, vocation etc. Secondly, I am really only after one-two highly profitable trades per day...EXACTLY like what happened today in the TF...short time (35 seconds and great profit (for me) or +1.3 TF points.

I understand totally the thought on 'focusing on one market' etc and I want to get there...but...

#1-you cannot neglect or despise the journey to get to the one contract you really feel comfortable with

#2-perhaps, maybe it is not really about 'trading just one contract' but rather zoning in on one certain timeframe (say the RTH open) and monitoring about 2,3,5 contracts that you believe are about to move in a direction for profits for you. That being, they give you the best set-up for the types of trades you prefer...

...this is my humbe justification of what I am doing. Again, at the end of the day...I am currently making money. As small it is...I am learning and the $ amount is heading up...

Okay, there has got to be some 'outside the box' traders reading this that will understand where I am coming from...please do chime in...thanks again for everyone that is truly trying to help in this trading journey...
 
Quote from increasenow:

hmmm...interesting comments...here is my take since I'm the dude everything is directed at...which, I do really appreciate the positive trying to help comments of which there has been many!!!

First of all, my time is limited that I am able to trade due to my other responsibilities, vocation etc. Secondly, I am really only after one-two highly profitable trades per day...EXACTLY like what happened today in the TF...short time (35 seconds and great profit (for me) or +1.3 TF points.

I understand totally the thought on 'focusing on one market' etc and I want to get there...but...

#1-you cannot neglect or despise the journey to get to the one contract you really feel comfortable with

#2-perhaps, maybe it is not really about 'trading just one contract' but rather zoning in on one certain timeframe (say the RTH open) and monitoring about 2,3,5 contracts that you believe are about to move in a direction for profits for you. That being, they give you the best set-up for the types of trades you prefer...

...this is my humbe justification of what I am doing. Again, at the end of the day...I am currently making money. As small it is...I am learning and the $ amount is heading up...

Okay, there has got to be some 'outside the box' traders reading this that will understand where I am coming from...please do chime in...thanks again for everyone that is truly trying to help in this trading journey...
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everyone has their own opinion on trading --- how to do it--- what to trade--- yada yada yada

it is just my opinion that if you can trade 1 thing than you can trade anything. learn and focus on 1 thing--- learn s/r--- learn P/A

THEN apply that to other markets

carry on
 
Quote from TheMan:

everyone has their own opinion on trading --- how to do it--- what to trade--- yada yada yada

it is just my opinion that if you can trade 1 thing than you can trade anything. learn and focus on 1 thing--- learn s/r--- learn P/A

THEN apply that to other markets

carry on
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you know, I agree with you...if...my trading method was to be looking at the terminal all day, for all the hours of RTH etc...but, since I cannot, I have to find a different approach...perhaps focusing in on certain timeframes and perhaps more than one contract...again, this is a 'work in motion'...thanks for your comments and insight added...

again, for me, would be 'slap happy' with one TF trade for :30 seconds and making +1.3 TF points like this morning..would be greeeeaaaattttt!!!...:D
 
Quote from increasenow:

you know, I agree with you...if...my trading method was to be looking at the terminal all day, for all the hours of RTH etc...but, since I cannot, I have to find a different approach...perhaps focusing in on certain timeframes and perhaps more than one contract...again, this is a 'work in motion'...thanks for your comments and insight added...

again, for me, would be 'slap happy' with one TF trade for :30 seconds and making +1.3 TF points like this morning..would be greeeeaaaattttt!!!...:D
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i can understand that

if i was in your situation then i would do this

pick 1 market for each time frame you are able to watch the screen---- that will move in that given time period you are watching

but

when you set that contract for that time period then that is what you will trade, that one and only that one

you need to have a plan





etc etc
 
Quote from TheMan:

i can understand that

if i was in your situation then i would do this

pick 1 market for each time frame you are able to watch the screen---- that will move in that given time period you are watching

but

when you set that contract for that time period then that is what you will trade, that one and only that one

you need to have a plan
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then later

after you understand PA and S/R---- then you can trade whatever you want to trade whenever you want to


but learn it first
 
Quote from TheMan:

i can understand that

if i was in your situation then i would do this

pick 1 market for each time frame you are able to watch the screen---- that will move in that given time period you are watching

but

when you set that contract for that time period then that is what you will trade, that one and only that one

you need to have a plan





etc etc
More...
if you personally where going to trade basically the first 10-15 minutes of RTH open 9:30-9:45am...what would it be for you?
 
Quote from increasenow:

if you personally where going to trade basically the first 10-15 minutes of RTH open 9:30-9:45am...what would it be for you?
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i am biased in that decision bec i trade the eur/usd

i scalp the eur/usd and swing trade the eur/usd, pound and e/j


so i would say the eur/usd
 
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