Day Trading Futures

[Trader Girl]

Today is the first day I'm trading live on the Spi 200.
I would like to share my trades with interested traders.
It will hopefully help me to become a better trader and
allow others to share and we may learn something along the way.

 

[KurwaJegoMac]

Re: Day Trading Futures.

Today is the first day I'm trading live on the Spi 200.
I would like to share my trades with interested traders.
It will hopefully help me to become a better trader and
allow others to share and we may learn something along the way.

Hi Trader Girl and welcome to ASF. I look forward to hearing your experiences, as i'm sure others will as well.

Good luck and all the best with your day trading.

 

[Trader Girl]

Re: Day Trading Futures.

Hi Trader Girl and welcome to ASF. I look forward to hearing your experiences, as i'm sure others will as well.

Good luck and all the best with your day trading.

Thank you

 

[Trader Girl]

Re: Day Trading Futures.

Sold the Spi @ 4566 10 lots.

 

[Trader Girl]

Re: Day Trading Futures.

Sold the Spi @ 4566 10 lots.

Covered my short Spi from 4566(10 lots) @ 4562 +4

Hope this not beginners luck

 

[Trader Girl]

Re: Day Trading Futures.

Sold again @ 4566 10 lots

 

[Trader Girl]

Re: Day Trading Futures.

Sold again @ 4566 10 lots

Covered my short from 4566 @ 4570 10 lots (-4)

Break even for me and my broker is the only one making $$$ so far.

 

[Trader Girl]

Short the Spi again @ 4673 10 lots

 

[Trader Girl]

Short the Spi again @ 4673 10 lots

covered my short Spi from 4573 @ 4568 10 lots (+5)

 

[Trader Girl]

Short the Spi again @ 4570 10 lots.

 

[Trader Girl]

Short the Spi again @ 4570 10 lots.

covered @ 4570 B/E on that trade.

 

[Alpha_Bet]

I gather you have experience in the trading/futures arena. 10 contracts x A$25 = A$250 pt. That's a decent line when new to a contract.

Good trades to you

 

[toocool]

Are you just going short ? are you just watching a chart and picking a trade ? if so what time frame chart are you watching ? what indacators etc etc...

Im also just starting out with spi intraday trades also so I would love a bit more insight.

 

[Trader Girl]

I gather you have experience in the trading/futures arena. 10 contracts x A$25 = A$250 pt. That's a decent line when new to a contract.

Good trades to you

No I have paper traded for 6 months
This is my first week of using real money.

 

[Trader Girl]

Are you just going short ? are you just watching a chart and picking a trade ? if so what time frame chart are you watching ? what indacators etc etc...

Im also just starting out with spi intraday trades also so I would love a bit more insight.

I'm not only going short although today
it worked out that way.I'll explain my
method as I move forward

 

[Wysiwyg]

Sold the Spi @ 4566 10 lots.

Covered my short Spi from 4566(10 lots) @ 4562 +4

Hope this not beginners luck

10 lots as a beginner is a good amount to start going live. With your scalping strategy tested to be a positive one, I foresee a very profitable thread unfolding.

 

[KurwaJegoMac]

No I have paper traded for 6 months
This is my first week of using real money.

Congratulations on making a profit on your first day. Now what have you learned from the experience? Specifically:

- Were you able to control your emotions to mimic results achieved in paper trading?
- on the losing trades, did you cull your position immediately in line with your trading plan? (likewise for the winning trades)
- how did your risk management and position management techniques work when you made a loss (likewise for winning trades)
- were your results in line with paper trading/expected results?
- if you could have done something differently what would it have been?

 

[Alpha_Bet]

10 lots as a beginner is a good amount to start going live.

10 contracts on the SPI is a good amount for a seasoned pro, let alone someone trading Futs for the first time

That said, Trader Girl has done her homework and I wish her the best.

 

[Trader Girl]

Congratulations on making a profit on your first day. Now what have you learned from the experience? Specifically:

- Were you able to control your emotions to mimic results achieved in paper trading?
- on the losing trades, did you cull your position immediately in line with your trading plan? (likewise for the winning trades)
- how did your risk management and position management techniques work when you made a loss (likewise for winning trades)
- were your results in line with paper trading/expected results?
- if you could have done something differently what would it have been?

Thank you

I was very nervious on my first day going live.
I controlled my emotions by reassuring myself that my method works
and in the long run I'll end up with a profit.Also knowing I have a mental stop in place
asured me that I'll always live to fight another day.
I'm basically a scalper so my results were basically what I expected.
I would not have done anything differently so far... but it's very early in the peice.

 

[Trader Girl]

10 contracts on the SPI is a good amount for a seasoned pro, let alone someone trading Futs for the first time

That said, Trader Girl has done her homework and I wish her the best.

Thank you for the kind words.