#FuturesTrades June 19th Thursday 2008 Trade Log

Today's Observation: I'm still testing (simulator) the Photon Trader trade execution platform June 18th Weds - June 30th Mon to determine if the software and broker (Futurepath Trading) will become one of my backup brokers to replace a backup broker I'm no longer satisfy with.

Upon completion of my testing I will state in the chat room only the good and bad about my experience with the trade execution platform, customer support and technical support. In addition, the simulator profits shown above for today will not be computed into the monthly and yearly real money results.

With that said, today's trade posting chat log is below and it contains all my trades that were posted in real-time along with the trades of other members of #FuturesTrades.

Further, if you want the instructions for gaining access to our free #FuturesTrades chat room...click here.

	#FuturesTrades purpose, benefits and access info for day traders, swing traders and position traders...click here.
Time Zone Info	Chat Log below is eastern standard time (est) - New York City, U.S.A and/or Montréal, Canada time zone.
WRB Analysis	Learn More
	Session Start: Thurs Jun 19 08:28:13 2008 Session Ident: #futurestrades
* Now	talking in #futurestrades	09:28
<@X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<pat255>	gm N
<rickf>	up early? :)
<@NihabaAshi>	Yeah...gotta monitor the speed of the data in Photon Trader platform during the 0830am est Jobless Claims Report...	08:03
	Will also do some quick random test trades to see what the fills are like along with doing a random position reversal to see what it's like in this execution platform.	08:04
<+rickf>	that still sounds like something out of star trek
<@NihabaAshi>	Will be documenting it all via Camtasia
<+rickf>	but if it works well for you .... go for it
<+pat255>	N wil u post it on the site for others to see?	08:05
<@NihabaAshi>	Yeah...I plan on talking about a sharing some images with videos about my personal experience with Photon Trader...good and bad.	08:06
	If things work out at the end of my testing...I'll add FuturePath (Photon Trader) as a backup broker
<+pat255>	k thks
<@X>	#FuturesTrades Info ->  No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm	08:11
<lisa>	gm	08:18
<futurible>	gm all	08:21
<@NihabaAshi>	Shorts ER2 @ 733.00 -> small size «« simulator Photon Trader »»	08:22
<+rickf>	jobless claims in 1 min	08:29
<anglo>	gm all	08:30
<@NihabaAshi>	Photon Trader failed miserably or I did something wrong...sell orders not executed at a nice profit	08:32
<+pat255>	:(
<@NihabaAshi>	sell order still active at 731.50 and the low tick of that down burst was 731.20	08:35
<+anglo>	not good	08:43
	did you push xtrader at same time?	08:46
<@NihabaAshi>	No...won't be doing that until next week.
<+anglo>	ok
<werner>	gm all
<@NihabaAshi>	Will use some stop orders in both set for the same price to see how long it takes for confirmation sent, fill order times et cetera.	08:48
	I have some nice profits this month so far...	08:49
	Thus, I can afford to stop trading live and test some new trading platforms on simulators	08:50
	Something I was suppose to do late last year but got to busy with other stuff.
	Photon Trader just locked up :(	08:53
<+anglo>	what was the nature of photon failure today please?
<@NihabaAshi>	I was adjusting a trailing stop on the chart itself.
<+anglo>	it failed to execute then?	08:54
<@NihabaAshi>	Program no longer responding...all Photon windows locked
<+anglo>	my interest in photon is declining very quickly...	08:55
<@NihabaAshi>	By the way, I'm testing Photon Trader on Windows Vista...
	Will move to Windowx XP Pro next week on my other system	08:56
	Got Photon Trader to reboot without any problems
<+anglo>	I believe thay recommend xp
<@NihabaAshi>	Anglo...please be aware that I'm doing a ton of stuff...stuff that a trader doesn't normally do in normal trading conditions.	08:57
<+anglo>	Linda B is hypermanic, and she uses photon.	08:58
<@NihabaAshi>	After the reboot...apparently the trailing stop did get set even though I couldn't tell when it crashed
<+anglo>	so...it maybe a truble of the simulator
<@NihabaAshi>	Possible...	08:59
	I've seen stuff in the past where a simulator worked great and the live version worked poorly.	09:00
	I've also seen vice versa too
<+anglo>	I'm glad you are testing it.
<@NihabaAshi>	ER2 nearing my 731.50 sell order in the program	09:01
	Lets see if it works this time around the 2nd time
	Here's something I don't like...	09:04
	The issue of upgrades to the program.
	Apparently they do it from their side.
	In other words, when you log into the program...you get no prompts nor notification there's a new version.	09:05
	The program then goes into an auto download (can't stop it) and it begins upgrading on it's own.
<+anglo>	that's intrusion. I believe it is illegal or should be.	09:06
<@NihabaAshi>	My 731.50 executed instantly when hit the 2nd time aroundSession Close: Thu Jun 19 09:06:51 2008
	Session Start: Thu Jun 19 09:06:51 2008Session Ident: #futurestrades
* Disconnected
* Attempting	to rejoin channel #futurestrades	09:08
* Rejoined	channel #futurestrades
<@X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrad es.htm
<@NihabaAshi_away>	Got disconnected...	09:09
	Here's my last message prior to the disconnection...
	[09:06] <@NihabaAshi> My 731.50 executed instantly when hit the 2nd time around
	Covered all ER2 Short @ 731.50 --> + 1.5 «« simulator Photon Trader »»
<ripsboy>	Good Morning all...	09:16
<ItalianSharp>	morning all	09:22
<Mauro>	gm
<drt>	good morning
<@NihabaAshi_away>	Anybody see the big drop this morning in Eurex BUND	09:24
* NihabaAshi_away	is now known as NihabaAshi
<+ItalianSharp>	yes niha...weird that dax and eurostoxx didnt rise much	09:26
	maybe they will today
<+anglo>	what if they raise rates?	09:27
<PapaJon>	gm all	09:29
<jsbach>	gm
<+Mauro>	Shorts ER2 @ 733.1	09:32
	Covered all ER2 Short @ 732.1 --> + 1	09:33
<@NihabaAshi>	Shorts ER2 @ 731.10 -> medium size «« simulator Photon Trader »»	09:34
<+rickf>	omg	09:35
	it took me 30 seconds for my broker website to place an order to close a SSF trade once I clicked submit order
	not good	09:36
<szubaark>	Buys ES @ 1342.50 «« paper »»
<@NihabaAshi>	Covered ER2 Short @ 732.60 --> - 1.5 «« simulator Photon Trader »»	09:37
	Reverse and Enter Long ER2 @ 732.60 «« simulator Photon Trader »»
<silo>	you only lost 1.5 pts?	09:38
<+Mauro>	Shorts ER2 @ 733.9
<@NihabaAshi>	sorry for the delay...needed to make a quick adjustment in the viewing order screen because I couldn't see the fill price after order was sent
<+Mauro>	Covered Remainder ER2 Short @ 733.2 --> + 0.7	09:39
<@NihabaAshi>	Got my orders in again	09:42
<Splurge>	gm
<@NihabaAshi>	Thus time it worked :)
	Exited all ER2 Long @ 732.80 --> + 0.2 «« simulator Photon Trader »»	09:43
	Shorts ER2 @ 730.70 -> medium size «« simulator Photon Trader »»	09:44
<+szubaark>	Exited all Long ES at 1338 --> - 4.5 «« paper »»	09:45
	Shorts ES @ 1338 «« paper »»
* fseitun	is now known as ItalianSharp	09:46
<@NihabaAshi>	volatility declining but should pick up fast here soon with the pending 1000am est key economic report	09:47
	Covered all ER2 Short @ 730.40 --> + 0.3 «« simulator Photon Trader »»	09:48
<Andy>	Long ES @ 1337.5	09:49
* Spartan_Away	is now known as Spartan
<+Andy>	Exited all ES Long @ 1337.25 --> - 0.25	09:51
<+Spartan>	Long NQ @ 1955.75 «« paper »»
<+Andy>	that was called fighting the market	09:52
<+szubaark>	exit stop moved to breakeven ES @ 1338 «« paper »»
	Covered all Short ES at 1338 --> 0 «« paper »»	09:53
	not going anywhere
<@NihabaAshi>	Long ER2 @ 730.90 -> medium size «« simulator Photon Trader »»
<+szubaark>	Buys ES @ 1338 «« paper »»
<@NihabaAshi>	Exited all ER2 Long @ 732.20 --> + 1.3 «« simulator Photon Trader »»	09:55
<+Spartan>	Exited all NQ Long @ 1960.75 --> + 5 «« paper »»	09:56
<+szubaark>	exit stop moved to breakeven ES @ 1338 «« paper »»
	:(	09:57
	Exited all Long ES at 1338 --> 0 «« paper »»
<dragon310>	Shorts ER2 @ 732.3
<+dragon310>	late post
<@NihabaAshi>	Shorts ER2 @ 730.80 -> medium size «« simulator Photon Trader »»	09:58
<+szubaark>	Buys ES @ 1338 «« paper »»
	hopefully we get better price action after the reports
	exit stop set ES @ 1336 «« paper »»	09:59
<+dragon310>	Covered Remainder ER2 Short @ 731.3 --> + 1
	Shorts ER2 @ 730.4	10:00
<+szubaark>	Exited all Long ES at 1336 --> - 2 «« paper »»
<@NihabaAshi>	Covered all ER2 Short @ 729.70 --> + 1.1 «« simulator Photon Trader »»	10:01
<+szubaark>	Shorts ES @ 1335 «« paper »»
<lumenPharmer>	ts went down here
<palmer>	yep	10:02
<@NihabaAshi>	Shorts ER2 @ 728.40 -> small size «« simulator Photon Trader »»
<+palmer>	reach target for day	10:03
<@NihabaAshi>	Covered ER2 Short @ 729.30 --> - 0.9 «« simulator Photon Trader »»
	Reverse and Enter Long ER2 @ 729.30 «« simulator Photon Trader »»
<+dragon310>	Covered all ER2 Short @ 729.5 --> + 0.9	10:04
<+szubaark>	sneaky action
<+rickf>	short es 1336.50 paper	10:05
<@NihabaAshi>	:(
	+0.1 tick trailing stop didn't kick in...	10:06
	I'm still having problems with that :(
<KN-ES>	Shorts ES @ 1336.25
<+rickf>	exit 1/2 es 1334 +2.25 paper	10:08
<@NihabaAshi>	Exited all ER2 Long @ 728.20 --> - 1.1 «« simulator Photon Trader »»
<+rickf>	2.5 paper
<+KN-ES>	Covered 3/4 ES Short @ 1334.25 --> + 2
<+rickf>	exit remainder es 1334.25 +2.25 paper
	profit target reached
<+KN-ES>	Covered 2 ES Short @ 1334.75 --> + 1.5
<@NihabaAshi>	That's 2 trades today that needs to be researched involving the "trailing stop" mechanism not working when price is reached
<+KN-ES>	S.L 1	10:09
	h5
<+rickf>	short ym 11989 paper	10:10
<+szubaark>	nice rick
<+rickf>	thx szu
<+KN-ES>	Covered 1 ES Short @ 1333.25 --> + 3	10:11
<+rickf>	exit ym 1179 +10 paper
<startrader>	Long NQ @ 1333.25
<+startrader>	es
<+KN-ES>	Covered ES Short @ 1334.75 --> + 1.5	10:12
	Reverse and Enter Long ES @ 1334.75
<+startrader>	Exited 1/2 NQ Long @ 1336.25 --> + 3	10:13
<+KN-ES>	Exited 3/4 ES Long @ 1336.25 --> + 1.5
	Exited 2 ES Long @ 1335.75 --> + 1
	s.l 1
<+rickf>	short dax 6723 paper sm sz	10:14
<@NihabaAshi>	Shorts ER2 @ 729.00 -> medium size «« simulator Photon Trader »»
<@X>	#FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm
<+dragon310>	Long ER2 @ 728.2	10:15
<+KN-ES>	brb
<+Andy>	Long NQ @ 1947.75
	Exited 1/4 NQ Long @ 1948.75 --> + 1	10:16
<+dragon310>	Exited Remainder ER2 Long @ 728.3 --> + 0.1
<+rickf>	exit dax 6722 +1 paper	10:17
	:(
<+KN-ES>	Exited ES Long @ 1334.5 --> - 0.25
	Reverse and Enter Short ES @ 1334.5
	s.l 1
	.25
<+Andy>	Exited Remainder NQ Long @ 1946.5 --> - 1.25
<+startrader>	Exited Remainder NQ Long @ 1333.50 --> + 0.25
<+dragon310>	Shorts ER2 @ 728
<+KN-ES>	Covered 3/4 ES Short @ 1332..75 --> + 1334.5 - 1332..75	10:18
<@NihabaAshi>	Covered all ER2 Short @ 727.80 --> + 1.2 «« simulator Photon Trader »»
<+KN-ES>	Covered 3/4 ES Short @ 1332.75 --> + 1.75
<+startrader>	Long NQ @ 1945.50
<+KN-ES>	Covered ES Short @ 133.75 --> + 1200.75
	Reverse and Enter Long ES @ 133.75
<@NihabaAshi>	I've reached my profit goal for the day in the testing of the new trading platform.
<+KN-ES>	Long ES @ 1333.75	10:19
	Exited 3/4 ES Long @ 1334.75 --> + 1
<@NihabaAshi>	Thus, I'm officially now in profit protection mode and will be at 1 contract only for the remainder of the day.
<+dragon310>	Covered Remainder ER2 Short @ 729.10 --> - 1.1
<@NihabaAshi>	Prior medium size trades as usual are either 4 or 5 contracts
<+startrader>	Exited all NQ Long @ 1947.25 --> + 1.75	10:20
<+KN-ES>	Exited ES Long @ 1334 --> + 0.25
	Reverse and Enter Short ES @ 1334
	s.l 35.75	10:21
	brb
<+dragon310>	Long ER2 @ 729.6	10:22
<+startrader>	Shorts NQ @ 1949.50
<+KN-ES>	Long ES @ 1335.25	10:23
<+startrader>	Covered all NQ Short @ 1951 --> - 1.5	10:24
<+KN-ES>	Exited 3/4 ES Long @ 1336.75 --> + 1.5
	Exited 2 ES Long @ 1336.25 --> + 1
<+dragon310>	Exited Remainder ER2 Long @ 730 --> + 0.4
<+KN-ES>	s.l 1.25
	h5
	brb
* Spartan	is now known as Spartan_Away	10:27
<+Spartan_Away>	gotta go to work, good luck everyone
* codehead_afk	is now known as codehead
<+KN-ES>	Exited 1 ES Long @ 1337.75 --> + 2.5	10:28
<+startrader>	Shorts NQ @ 1954.50	10:29
<+dragon310>	Shorts YM @ 12020
<@NihabaAshi>	Long ER2 @ 731.00 -> small size «« simulator Photon Trader »»	10:32
<+Andy>	Shorts ES @ 1338	10:33
<@NihabaAshi>	Lets see if this is a breakout that willrun or suddenly retrace
	So far its trying to run
	Exited ER2 Long @ 731.20 --> + 0.2 «« simulator Photon Trader »»
<+Andy>	Covered all ES Short @ 1338 --> 0	10:37
<+dragon310>	Covered Remainder YM Short @ 12027 --> - 7	10:38
<+KN-ES>	Exited 1 ES Long @ 1339.25 --> + 4
<+dragon310>	Shorts YM @ 12019 -> large size	10:41
<+rickf>	long dax 6749 paper sm sz	10:42
<+silo>	think we're having a minor pullback	10:43
	then gonna have a big upward movement
<+rickf>	exit dax 6747 paper -2	10:44
<+dragon310>	Covered all YM Short @ 12027 --> - 8	10:50
<+silo>	Long ER2 @ 732.70 «« paper »»
<+szubaark>	Covered all Short ES at 1339.75 --> - 4.75 «« paper »»
	Buys ES @ 1339.75 «« paper »»
<+pat255>	DT on es but may punch thru	10:51
<+rickf>	long dax 6745 paper late post	10:52
* +subq	market profile charts for today --- http://www.charthub.com/chart/search/mpc hart	10:53
<+silo>	Long ER2 @ 733.10 -> Add «« paper »»
<+rickf>	exit dax 6755.50 +10.5 paper
<+KN-ES>	Exited 1 ES Long @ 1341.25 --> + 6	10:54
	h2
<+silo>	we got this biaaatch :)	10:55
<+rickf>	lol	10:56
	long ym 12044 paper
<+szubaark>	Exited all Long ES at 1340 --> + 0.25 «« paper »»	10:59
	Shorts ES @ 1340 «« paper »»