IncreaseNow's "Sell/Short" Futures Journal

Quote from increasenow:

no way...can't believe I missed this!!!...no!!!
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Well of course you did - you don't seem to have any rules that tell you what to do. Do you??

Perhaps you do have rules and they say enter and take 2 ticks and get out, if that is what they say then you should be satisfied you followed your rules.

If not, you are trading out of fear or greed - I have 2 ticks and don't want to loose them let me get out now.

Right some rules that can cover these things and don't be upset when you trade accordingly and seem to leave a lot behind.
 
Quote from increasenow:

agreed...currently on radar...

CME Globex emini-SP500 (ES)
CME Globex CAD future
CME Globex SF future

...yea...forget the Sugar...not as 'sweet' as I once thought
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Ok Incy, out of those 3, keep an eye on ES, but put most of your focus on the currency futures. I think the currencies can trade a little smoother than the indexes, not always, but usually.

Save sugar for, well probably never.
 
Quote from DblArrow:

Well of course you did - you don't seem to have any rules that tell you what to do. Do you??

Perhaps you do have rules and they say enter and take 2 ticks and get out, if that is what they say then you should be satisfied you followed your rules.

If not, you are trading out of fear or greed - I have 2 ticks and don't want to loose them let me get out now.

Right some rules that can cover these things and don't be upset when you trade accordingly and seem to leave a lot behind.
More...
I actually feel my confidence growing with trading the CME Globex SF & CAD...I did enter at the right time but, just obviously did not have the total confidence to ride the profit train...at least had a correct entry...learning
 
Quote from spd:

Ok Incy, out of those 3, keep an eye on ES, but put most of your focus on the currency futures. I think the currencies can trade a little smoother than the indexes, not always, but usually.

Save sugar for, well probably never.
More...
yea, I seem to be favoring the SF & CAD...also,

check this out...no way!!!..right entry...wrong exit...
 

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Quote from increasenow:

yea, I seem to be favoring the SF & CAD...also,

check this out...no way!!!..right entry...wrong exit...
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where should you have gotten out?
 
Quote from increasenow:

I actually feel my confidence growing with trading the CME Globex SF & CAD...I did enter at the right time but, just obviously did not have the total confidence to ride the profit train...at least had a correct entry...learning
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Yes - but even a blind squirrel finds a nut once in awhile.

Did you have rules for the trade?
 
Quote from DblArrow:

Did you have rules for the trade?
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yes, "I guess I do"...probably not the most articulate yet but, they are more 'visual' based on what I understand so far about the SF various price levels and price action...
 
Quote from DblArrow:

So if they are visual rules - then you still did not trade your rules and the trade was a failure.

Correct?
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no, these are the rules as of right now...so, a successful trade...albeit it small...really liked the entry...heading towards being more defined in my entries
 
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