Spydertrader's Jack Hershey Futures Trading Journal

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Quote from learning2fly:

I just want to thank the great folks here who have painstakingly donated their time and knowledge! Thanks!

Here is my chart today....

I'm looking for it to FTT on the 1462ish and test the LTL (I think I got my terms right?:cool: ) and let the price and volume dictate where it goes next...with spyder's caveat of course - don't let expecting lead to believing...

Comments are appreciated of course....

shorted at 1464.50 and covered at 1462. Had to sit and see it go up to 1468ish...too trigger happy!:confused:
you can draw better channels than that !
were you switching your charts between resolutions?

What a start !!! ... welcome to the journey !
 
Quote from RoughTrader:

Today was my first day trading a few contracts on the sim with this method. So far, +22 pts. Volume is thin so I'm sidelined right now. Probably today was one of those "easier days", don't know yet.

RT
Congratulations !!!

If we have a tradition of buying rounds, we would all be pretty drunk these days.
 
I've been thinking about strict Gaussian alignment to Price Channels and finally eeked this out.

I know that not everyone draws their Gaussians strictly; however, I believe that a rank beginner should very much do so. Just like when beginning to draw channels at first, it is better to follow the mechanics as strictly as possible. Ditto for the Gaussians.

So any furious disagreements? :D
 

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thanks callmate and tums!

this is like crack! lol..couldn't walk away (very bad thing)...dipped in again with a last trade...

why did I take it? it broke the support for the day at 1450 with healthy volume...

RE: channels..
Im using IB and i can't draw lines on the volume side. Im using snapit for posting here but the software doesnt seem to allow me to draw and annotate...

RE: channel switching...
...guilty; i was flipping btw 15min and 5min....

again thanks...and i really would WELCOME any comments...I know I had some difficulties with the congestion as mentioned earlier (I made the right assumption but did not sit with it to take it from 1455 to 1462; realized i was too late to take the uptick; traded it down with the 1461 short approx).

i gotta admit some of you guy's ice cold veins....!:D

i know this is a journey...tomorrow's trade is a brand new journey!
 

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Quote from Tums:

Congratulations !!!

If we have a tradition of buying rounds, we would all be pretty drunk these days.
a toast, here's to 'Beyond the hype' do the channel and see the light!:D
 
Quote from LostTrader:

I've been thinking about strict Gaussian alignment to Price Channels and finally eeked this out.

I know that not everyone draws their Gaussians strictly; however, I believe that a rank beginner should very much do so. Just like when beginning to draw channels at first, it is better to follow the mechanics as strictly as possible. Ditto for the Gaussians.

So any furious disagreements? :D
You've got it !
Thanks for the illustration.
 
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