OldFarts Futures and IRA Trading Journal

I'm back!
I will be posting my futures trades here ( mostly in the evenings ) and hopefully showing good profits.
Every good trader knows there will be losses. As long as you profit a lot more than you lose, it's worthwhile to trade your own money.

Disclosure: I am not a professional trader, so please don't mimic my trades.

Good luck to everyone else who trades on this website!

 

No trading tonight. Gotta go into the office tomorrow 4am, so early to bed.

 

Sorry guys.
Been having back issues last couple of days. I may have wait till tomorrow night to go active with this.

 

/6A pretty much got slammed last Friday. Unfortunately, I was working and didn't get a chance to trade at all last week.
Bounced near a prior support line, but it could be a bear flag. Have to wait-n-see what happens tonight.
Maybe I'll get some time tonight to actually trade.

 

Been too crazy last couple of days. Up / down in a matter of minutes. Too erratic for me.
Maybe later in the week, when shit calms down a little and gets back to a normal pattern.

 

Looks like channel down might get broken to the upside.

 

Good for a small scalp...

 

Climbed back from the wicked drop around 3:30 AM.
Scalped for a few bucks.

 

Was waiting on the 61.8% fib rejection, went to make breakfast, and totally missed it

 

Been a while since I posted here.
I am hoping to make this Sunday evening my new start at this. New Zealand opens 6:00 PM EST, so I'll be lurking around for a good setup.
Kicking myself because last Friday, and this Friday I was busy with personal stuff, and didn't trade, but could have made a lot of money.

I have to treat this as my job, and put in the 10 to 12+ hours per day, like I was when I had my business going back in 2005 - 2010. Of course, I am a LOT older than I was back then so not as much energy to keep going...maybe drink stronger coffee?.. I make it pretty strong right now...

....or do some "rails" like back in the 90's ( joke ).


Like I mentioned before, please don't mimic my trades that I post!
Most times I am in and out quickly, and may not have the time to post every position where I get in or out, so I don't want anyone to get left holding the bag and blaming me....you've been warned.

Once I am finished for the day ( if I am not too wore out ) I'll try to put up some charts and explain my reasoning why I went long or short.

 

Eagle Eye Cy will keep me honest..

I gave up a $100k+ per year job to do this.
Time to make it happen!!

 

Got a narrow window to trade tonight.
I was informed by my internet provider that "sometime between 12AM and 6AM, there will be an outage, to make improvements to my service", which probably means "we're going to throttle your shit down again".

 

I'll check back later....markets still asleep at the moment.
Nothing but a small pop-n-drop on the temporary spending bill.

 

Well, I didn't trade last night. Market was so boring I went to sleep.
Hopefully, this morning and today will be a little different as the market digests the temporary spending bill, and the Gaetz / McCarthy battle rages on. Not a fan of McCarthy....I think Gaetz is right, kick him out of the speaker seat asap.

 

Watching the /6A at the moment. Looks like 61.8% fib area holding for now...



Zoomed in one minute chart:

 

Went long /6A with a .00055 trailing stop

 

As some of you may have noticed, I went back to TD Ameritrade, and got out of tastytrade.

Reasons:
No trailing stop
Went to deposit over $10k in my account, and got a message that I have to call their office for such a "large" amount ...WTF?? $10k is a "large" amount???
So, I only deposited $9.5k, so I wouldn't have to "get permission to deposit such a { large } amount , using ACH, which should only take 48 hours max, and they held it for over a week!!!
As soon as it cleared, I withdrew my money, and sent it to TD Ameritrade, which took less than a few hours using ACH....a few hours vs over a week....no shit.

 

Wife wanted to do some shopping for our camper...got back here and missed the triple bottom on /RTY
Oh well, there's always another trade around the corner...

 

Didn't trade today.
Will trade tomorrow.
Israel stuff has me a little worried what will happen over night, so I'm not trading tonight.