a blog detailing my journey into the world of futures trading. for now, i trade the ES_F exclusively. my name is jeremy.Tumblr (3.0; @youngmania)http://youngmania.tumblr.com/<img src="http://24.media.tumblr.com/d2d7cbca65c219831f4d24fbd773a3f8/tumblr_mmwnqyoehh1qzc48xo1_500.png"/><br/><br/><p><strong>5-16-2013</strong></p> <p><span>5 trades. 2-3; 4<span><em>0% win ratio</em></span>. </span><span>Points made: 4. Points lost: 3.75. <strong>+0.25</strong></span></p> <p><span><strong>***</strong></span></p> <p><span>Crazy-ass lesson today.</span></p>http://youngmania.tumblr.com/post/50592092640http://youngmania.tumblr.com/post/50592092640Thu, 16 May 2013 15:06:34 -0400dtadaytradedaytradingBusiness$es$es_f<img src="http://24.media.tumblr.com/b2681e9c9c9222464ccaea819d218a79/tumblr_mmww2g04jG1qzc48xo1_500.png"/><br/><br/><p><strong>5-15-2013</strong></p> <p><span>6 trades. 1-4; 16.66<span><em>% win ratio</em></span>. </span><span>Points made: 2. Points lost: 5. <strong>-3</strong></span></p> <p><span>***</span></p> <p><span>I kinda get it. I guess.</span></p>http://youngmania.tumblr.com/post/50604560684http://youngmania.tumblr.com/post/50604560684Wed, 15 May 2013 12:00:00 -0400dta$es$es_fBusinessdaytradedaytrading<img src="http://24.media.tumblr.com/bfda82ef366e233a60929b1128976008/tumblr_mmsuqm2pV41qzc48xo1_500.png"/><br/><br/><p><strong>5-14-2013</strong></p> <p><span>4 trades. 4-0; 10<span><em>0% win ratio</em></span>. </span><span>Points made: 6.25. Points lost: 0. <strong>+6.25</strong></span></p> <p><span>***</span></p> <p><span>So yeah, could’ve made more points if I knew what the hell I was doing. But oh well.</span></p> <p><span>We had a review class today … I finally understand. It’s gonna take a few more weeks before everything will sink in permanently, but I’m starting to see the final picture at last.</span></p>http://youngmania.tumblr.com/post/50430724682http://youngmania.tumblr.com/post/50430724682Tue, 14 May 2013 13:47:10 -0400dtaBusinessdaytradingdaytrade$es$es_f<img src="http://24.media.tumblr.com/7d7cf547c294ba2f4789b6d45fa74d54/tumblr_mmrb3l5RAk1qzc48xo1_500.png"/><br/><br/><p><strong>5-13-2013</strong></p> <p><span>7 trades. 3-3; <span><em>50% win ratio</em></span>. </span><span>Points made: 4.75. Points lost: 3.75. <strong>+1</strong></span></p> <p><span><strong>***</strong></span></p> <p><span>I’m not feeling so confident these days. At first, I suspected it was my abilities and market movement that I was not confident in.  But upon further reflection, I think it is the discipline that I’ve been sticking to that has unnerved me. I lost -15 points last week. Not my highest, but a lot. And that was due to discipline. In my head now, discipline = losing money. But what I believe, and it helps that I’m typing this out now, is that this discipline that I’ve been sticking to the last month will manifest itself down the road. </span></p> <p><span>And it helps that in class today that I saw the results of ill-discipline, people working on discipline like myself, and good discipline. The people who had good discipline made off with good profits today. The people who had no discipline barely broke-even. People like me, who are sticking to HTS, made off with decent profit … holding through everything. </span></p> <p><span>Of course, it is unwise to hold through everything, it is holding through obvious losses that is breaking me down now. But I’m beginning to realize. I’m beginning to see opportunities for early exits. I may only notice it only after it has occurred, but that’s the point of this whole process I believe. I’m getting there.</span></p>http://youngmania.tumblr.com/post/50369073615http://youngmania.tumblr.com/post/50369073615Mon, 13 May 2013 17:45:21 -0400dtaBusinessdaytradingdaytrade$es$es_f<img src="http://25.media.tumblr.com/5bb637811b71da9dcc521dce41344064/tumblr_mmlqlcX2sA1qzc48xo1_500.png"/><br/><br/>http://youngmania.tumblr.com/post/50113962950http://youngmania.tumblr.com/post/50113962950Fri, 10 May 2013 17:34:24 -0400<img src="http://25.media.tumblr.com/07c2c427b67163805d25f71f1d57a9c6/tumblr_mmlfefeuXz1qzc48xo1_500.png"/><br/><br/><p><span>11 trades. 9-2; <span><em>18% win ratio</em></span>. </span><span>Points made: 4. Points lost: 11.25. <strong>-7.25</strong></span></p> <p><span><strong>***</strong></span></p> <p><span>Bullshit bullshit bullshit.</span></p>http://youngmania.tumblr.com/post/50098934712http://youngmania.tumblr.com/post/50098934712Fri, 10 May 2013 13:32:39 -0400dta$es$es_fdaytradingdaytradeBusiness<img src="http://25.media.tumblr.com/9aec8b2acad01563429bde12523df33c/tumblr_mmjxxibI0J1qzc48xo1_500.png"/><br/><br/><p><span>10 trades. 8-2; <span><em>20% win ratio</em></span>. </span><span>Points made: 4. Points lost: 10. <strong>-6</strong></span></p> <p><span><strong>***<br/></strong>Bullshit day. What else is new with this fuckin market</span></p>http://youngmania.tumblr.com/post/50041332391http://youngmania.tumblr.com/post/50041332391Thu, 09 May 2013 18:17:42 -0400dtabusiness$es$es_fdaytradingdaytrade<img src="http://24.media.tumblr.com/e33da9f06daae2f4e0c8f051adfd9611/tumblr_mmhpe8x24k1qzc48xo2_r1_500.png"/><br/><br/><p><span>8 trades. 5-3; <span><em>37.5% win ratio</em></span>. </span><span>Points made: 6. Points lost: 6.25. <strong>-0.25</strong></span></p> <p><span><strong>***</strong></span></p> <p><span>Of course, last 2 trades<strong> HAD </strong>to fail eh?</span></p>http://youngmania.tumblr.com/post/49942778713http://youngmania.tumblr.com/post/49942778713Wed, 08 May 2013 13:18:00 -0400dta$es$es_fBusinessdaytradedaytrading<img src="http://24.media.tumblr.com/40db47431678b89d952cf759b3d02f34/tumblr_mmg194UwkV1qzc48xo1_500.png"/><br/><br/><p><span>7 trades. 4-3; <span><em>43% win ratio</em></span>. </span><span>Points made: 6. Points lost: 5. +<strong>1</strong></span></p> <p><span><strong>***</strong></span></p> <p><span>Gettin’ there</span></p>http://youngmania.tumblr.com/post/49872222660http://youngmania.tumblr.com/post/49872222660Tue, 07 May 2013 15:39:04 -0400dtadaytradingdaytrade$es$es_fBusiness<img src="http://25.media.tumblr.com/d25d89e0a7f548268eb840e07bf7f96b/tumblr_mme62wG5iI1qzc48xo1_500.png"/><br/><br/><p><strong>5-6-2013</strong></p> <p><span>5 trades. 1-4; <span><em>20% win ratio</em></span>. </span><span>Points made: 2. Points lost: 5. <strong>-3</strong></span></p> <p><span><strong>***</strong></span></p> <p><span><strong>Mentally drained. </strong>Time to eat fried chicken.</span></p> <p><span>Also, noticed what I think are a couple extra possible setups. </span></p>http://youngmania.tumblr.com/post/49791396543http://youngmania.tumblr.com/post/49791396543Mon, 06 May 2013 15:28:08 -0400dtaBusinessdaytradingdaytrade$es$es_f<img src="http://24.media.tumblr.com/966ffba9319c9a909ebdac60185667b2/tumblr_mm8nxm2XSC1qzc48xo1_500.png"/><br/><br/><p>at least i’m positive this week. woot lol</p>http://youngmania.tumblr.com/post/49532135092http://youngmania.tumblr.com/post/49532135092Fri, 03 May 2013 16:08:10 -0400dta<img src="http://24.media.tumblr.com/3b9d560d754a6eb7678468e45799d4e7/tumblr_mm8iktdqFs1qzc48xo1_r1_500.png"/><br/><br/><p><strong><span>5-3-2013</span></strong></p> <p><span>5 trades. 3-2; <span><em>40% win ratio</em></span>. </span><span>Points made: 4. Points lost: 3.75. +<strong>0.25</strong></span></p> <p><span><strong>***</strong></span></p> <p><span>In the words of Kanye: “laaaa laaa laaa wait till I get my money right”</span></p>http://youngmania.tumblr.com/post/49524851728http://youngmania.tumblr.com/post/49524851728Fri, 03 May 2013 14:12:00 -0400dtadaytradedaytrading$es$es_fBusiness<p>Been in this fucking trade for the last 2 hours. Not even kidding. </p>http://youngmania.tumblr.com/post/49522567164http://youngmania.tumblr.com/post/49522567164Fri, 03 May 2013 13:30:51 -0400<img src="http://25.media.tumblr.com/25bee56d0c6ff57bab5ae28d6ce659b0/tumblr_mm6lg1jwYe1qzc48xo1_500.png"/><br/><br/><p><strong>5-2-2013</strong></p> <p><span>8 trades. 5-3; <span><em>37.5% win ratio</em></span>. </span><span>Points made: 6. Points lost: 6.25. <strong>-0.25</strong></span></p> <p><span><strong>**</strong></span></p> <p><span>Slow day. Volume usually lower day before non-farm manu (which the big-boys usually stay out of).</span></p>http://youngmania.tumblr.com/post/49445976359http://youngmania.tumblr.com/post/49445976359Thu, 02 May 2013 13:19:13 -0400dta$es$es_fBusinessdaytradedaytrading<img src="http://24.media.tumblr.com/0d22c1dbc24f0e179830cf1a8df94faf/tumblr_mm4qqryuGq1qzc48xo1_500.png"/><br/><br/><p><strong>5-1-2013</strong></p> <p><span>7 trades. 5-2; <span><em>29% win ratio</em></span>. </span><span>Points made: 4. Points lost: 6.25. <strong>-2.25</strong>.</span></p> <p><span>**</span></p> <p><span>So yeah. FOMC days blow.</span></p>http://youngmania.tumblr.com/post/49368875418http://youngmania.tumblr.com/post/49368875418Wed, 01 May 2013 13:18:27 -0400dtadaytradedaytrading$es_f$esBusiness<img src="http://24.media.tumblr.com/0c7ed0623e232e7b21ce39c81610c9e5/tumblr_mm4q00DHKt1qzc48xo1_500.png"/><br/><br/>http://youngmania.tumblr.com/post/49367985268http://youngmania.tumblr.com/post/49367985268Wed, 01 May 2013 13:02:24 -0400<img src="http://25.media.tumblr.com/a04b43757fcd0c91345907fa8ab7d82c/tumblr_mm2ycjXZWM1qzc48xo1_500.jpg"/><br/><br/><p><strong>04-30-2013</strong></p> <p><span>9 trades. 6-3; <span><em>33.33% win ratio</em></span>. </span><span>Points made: 6. Points lost: 7.5. <strong>-1.50</strong>.</span></p> <p><span>Valid trades taken: 5. <em><strong>Valid decision ratio: 55.55%. </strong></em></span><span>It becomes obvious at this point … the more invalid trades I take, the more points I lose.</span></p> <p>***</p> <p><span>Also, I’ll be testing out these EMA/SMA indicators. I’m not relying on them too much, but they come in handy whenever price breaks the Keltner midband (if I’m filled). If you note on the chart, they seem to act as either support/resistance as price approaches them.</span></p> <p><span>While this doesn’t really mean anything, it makes management easier and gives me more peace of mind … something that is rare in this mindfuck industry.</span></p>http://youngmania.tumblr.com/post/49269981144http://youngmania.tumblr.com/post/49269981144Tue, 30 Apr 2013 14:07:00 -0400dtaBusiness$es$es_fdaytradedaytrading<img src="http://25.media.tumblr.com/1155a0eeb8d12730069165cac66b5085/tumblr_mm1349unpr1qzc48xo1_500.jpg"/><br/><br/><p><strong>4-29-2013</strong></p> <p>4 trades. 1-3; 75% win ratio. <span>Points made: 6. Points lost: 1.25. <strong>+4.75</strong>.</span></p> <p><span>Market moved really slowly today. Question is this: if you wanted to get out at 11, I’d only have gotten with about +2 or so points. If I traded until 1-2pm, I’d have +4.75 points. </span></p> <p><span>Is the risk/patience-needed worth it?</span></p>http://youngmania.tumblr.com/post/49189681080http://youngmania.tumblr.com/post/49189681080Mon, 29 Apr 2013 13:55:21 -0400dtaBusiness$es_f$esdaytradedaytrading<img src="http://24.media.tumblr.com/19a44f981d5be97494d73ad757cbb7b1/tumblr_mlxklzUxHA1qzc48xo1_500.jpg"/><br/><br/>http://youngmania.tumblr.com/post/49032186648http://youngmania.tumblr.com/post/49032186648Sat, 27 Apr 2013 16:22:47 -0400<img src="http://25.media.tumblr.com/7cb31fe697211aa5d35914650b583460/tumblr_mlvvpy8UjM1qzc48xo1_500.jpg"/><br/><br/><p><strong>4-26-2013</strong></p> <p>Ridiculous day.</p>http://youngmania.tumblr.com/post/48958373015http://youngmania.tumblr.com/post/48958373015Fri, 26 Apr 2013 18:27:34 -0400dtadaytradingdaytradeBusiness$es$es_f