#FuturesTrades June 23rd Monday 2008 Trade Log

Today's Observation: Today I begin testing Infinity Futures simulator called Infinity AT until June 30th Monday to determine if the software and broker will become one of my backup brokers to replace a backup broker I'm no longer satisfy with.

In addition, last week on Thursday and Friday, I tested FuturePath Trading Photon Trader simulator...I've decided it is not suitable for the type of trading I do.

Also, 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: Mon Jun 23 09:29:20 2008Session Ident: #futurestrades
* Now	talking in #futurestrades	09:29
<@X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<tzar>	gm
<@NihabaAshi>	Good morning all
<+tzar>	how was your weekend NihabaAshi
<drt>	good morning
<pat255>	gm N	09:30
<@NihabaAshi>	good but raining
<+tzar>	:)
<@NihabaAshi>	and yours ?
<+tzar>	great
	watched soccer
	lots of cheering
<PapaJon>	gm all
<+tzar>	we almost had a parade here in toronto when Russia won	09:31
<ItalianSharp>	russia looked doped and juiced up
<+ItalianSharp>	how can they run non-stop for 120 mins is beyond me
<+tzar>	vodka will do that to you	09:32
<+ItalianSharp>	nevertheless, they are a very good team
	and i think they can beat spain and possibly win it all
<+tzar>	hmm
	they already lost to spain
	4:1
	pretty bad
<+ItalianSharp>	yes, but they made big adjustments in their defense
* Spartan_Away	is now known as Spartan	09:33
* subq	-=market profile charts for today=- http://www.charthub.com/chart/search/mpc hart	09:35
<silo>	Long ER2 @ 728.80 «« paper »»	09:37
<+Spartan>	Long NQ @ 1949 «« paper »»	09:38
<Mauro>	Shorts ER2 @ 728.9 -> large size
<+Spartan>	Exited all NQ Long @ 1945.50 --> - 3.5 «« paper »»	09:39
<+Mauro>	Covered all ER2 Short @ 727.9 --> + 1
<+silo>	Long ER2 @ 729.20 -> Add «« paper »»	09:40
<+Spartan>	Shorts ES @ 1324.50 «« paper »»	09:41
<anglo>	gm
<@NihabaAshi>	Shorts ER2 @ 727.50 -> medium size «« simulator Photon Trader »»	09:45
	Covered ER2 Short @ 728.50 --> - 1 «« simulator Photon Trader »»	09:46
<+silo>	Exited all ER2 Long @ 727.20 --> - 3.6 «« paper »»	09:47
<szubaark>	Shorts ES @ 1323 «« paper »»	09:48
<@NihabaAshi>	Shorts ER2 @ 726.60 -> large size «« simulator Photon Trader »»
<+szubaark>	exit stop moved to breakeven ES @ 1323 «« paper »»	09:49
<@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	09:51
<szubaark>	Shorts ES @ 1321.50 «« paper »»
<+Spartan>	Covered all ES Short @ 1320.50 --> + 4 «« paper »»
<+szubaark>	Covered all Short ES at 1320 --> + 1.5 «« paper »»	09:52
<@NihabaAshi>	??? weird trade execution	09:56
	Covered 3/4 ER2 Short @ 724.90 --> + 1.7 «« simulator Infinity AT »»	09:57
	Covered Remainder ER2 Short @ 724.60 --> + 2 «« simulator Infinity AT »»	09:58
	Shorts ER2 @ 723.90 -> medium size «« simulator Infinity AT »»	10:01
	position reverse didn't work at 724.10	10:03
	Covered ER2 Short @ 724.90 --> - 1 «« simulator Infinity AT »»
	Trying another random trade to see if it works	10:04
<Splurge>	2 tick stop reversal on that short Niha?
<@NihabaAshi>	Long ER2 @ 724.20 -> medium size «« simulator Infinity AT »»	10:05
	Exited ER2 Long @ 723.50 --> - 0.7 «« simulator Infinity AT »»	10:06
	Reverse and Enter Short ER2 @ 723.50 «« simulator Infinity AT »»
<+szubaark>	Buys ES @ 1318.25 «« paper »»
<@NihabaAshi>	Covered ER2 Short @ 723.40 --> + 0.1 «« simulator Infinity AT »»	10:08
<+szubaark>	exit stop moved to breakeven ES @ 1318.25 «« paper »»	10:09
<@NihabaAshi>	Long ER2 @ 724.00 -> large size «« simulator Infinity AT »»	10:10
<+szubaark>	Exited all Long ES at 1320.25 --> + 2 «« paper »»	10:11
<+silo>	Long ER2 @ 724.30 -> large size «« paper »»
<@NihabaAshi>	Any Infinity AT useres in here ?	10:13
	Exited all ER2 Long @ 725.60 --> + 1.6 «« simulator Infinity AT »»	10:14
<+Spartan>	Shorts ES @ 1322 «« paper »»
<+silo>	no, but i wrote a message for you in the other room :)
<tzar>	im back	10:18
<werner>	gm all	10:20
<+tzar>	hi werner
<+werner>	hi tzar	10:21
<+tzar>	did watch the game werner?	10:22
<+werner>	yep...pffff	10:23
<+tzar>	who were you cheering for?
<+werner>	holland	10:24
<+silo>	Long ER2 @ 725.90 -> Add «« paper »»
<+werner>	but yesterday spanje
<+tzar>	Long ES @ 1320.5	10:28
	Exited all ES Long @ 1321.50 --> + 1	10:29
	buy limit to enter long ES @ 1317.75	10:30
<+Spartan>	Covered all ES Short @ 1321 --> + 1 «« paper »»
<+Splurge>	what contract you trading tzar?	10:31
<+tzar>	ES	10:32
	sometimes NQ
	i watch both closely
<+Splurge>	is 1317.75 correct?	10:33
<+Spartan>	Long NQ @ 1937.25 «« paper »»
<+tzar>	its my buy limit order
	not filled
	pending
<+Splurge>	ah sorry thought you was saying you had entered then
<+tzar>	i wish:)
	would be a nice treat
<+Splurge>	yes lol	10:34
<+tzar>	perfect to make a nice monday morning
<+Spartan>	Exited all NQ Long @ 1940.25 --> + 3 «« paper »»	10:35
<+szubaark>	nice Spartan
<+Spartan>	thanks
<+tzar>	wtg
	Spartan
<+Spartan>	thanks szu and tzar	10:36
<+tzar>	is NihabaAshi trading today?
<+Spartan>	I think he is practicing with new platforms	10:37
<+tzar>	oh right, hes probobly on the phone with the Photon tech support
<+Spartan>	Shorts NQ @ 1937 «« paper »»	10:39
<+tzar>	nice Spartan	10:44
<+Spartan>	Covered all NQ Short @ 1933 --> + 4 «« paper »»
<+szubaark>	Shorts ES @ 1320.25 «« paper »»	10:45
<+tzar>	big guy on ES
	bid
	1320
<@NihabaAshi>	Shorts ER2 @ 722.80 -> large size «« simulator Infinity AT »»	10:51
<+szubaark>	exit stop moved to breakeven ES @ 1320.25 «« paper »»	10:52
<+Spartan>	Shorts NQ @ 1318.25 «« paper »»
	Covered all NQ Short @ 1318.25 --> 0 «« paper »»
<+ItalianSharp>	NQ literally tanked
<+Spartan>	oops meant es
<+tzar>	yes
<@NihabaAshi>	Covered ER2 Short @ 722.10 --> + 0.7 «« simulator Infinity AT »»
<+tzar>	omg ESnever filled my 17.75
<+Spartan>	Shorts ES @ 1318.25 «« paper »»
<+tzar>	i was there for like 1 hour
<+ItalianSharp>	it could spell trouble for other eminis
	or set up a bullish move	10:53
	lets wait and see
<@NihabaAshi>	Intentionally holding 2 contracts so I can do some more "one click position reversals".
<+tzar>	:(
	very sad about my 17.75
	but they only sold 14 contracts there	10:54
<@NihabaAshi>	Thus, I'm looking to reverse the remaining 2 Short contracts into a 2 contract Long position via a single click.
<+tzar>	wow 5700 off on NQ
	offer*
<@NihabaAshi>	Covered ER2 Short @ 722.70 --> + 0.1 «« simulator Infinity AT »»	10:55
	Reverse and Enter Long ER2 @ 722.70 «« simulator Infinity AT »»
<+tzar>	oh nice, NihabaAshi.. infinity At
<+Spartan>	Covered all ES Short @ 1320.25 --> - 2 «« paper »»
<+szubaark>	Covered all Short ES at 1320.25 --> 0 «« paper »»
<+Spartan>	chased that one :(	10:56
<@NihabaAshi>	Yeah...its a very simple program...nothing complicated nor fancy about it other than it has a one click "reverse" and "flatten" position button
	Very useful for my type of trading in fast moving markets or volatility spikes
<+tzar>	also very light
<@NihabaAshi>	Yep	10:57
<+tzar>	it does have all the brackets, multi brakets, trailing stops
<@NihabaAshi>	Yes
	I'll play with those tomorrow
	:)
<+tzar>	:)
	I like the presets Group A..B and C	10:58
	those are usefull
<+pat255>	N the dom u are using can wotk with any platform?	10:59
	wptk=work
<pdays>	Long ER2 @ 722.1 «« paper »»
<+pdays>	Exited 1/3 ER2 Long @ 723.7 --> + 1.6 «« paper »»	11:00
<@NihabaAshi>	pat...I don't understand your question...you talking about Infinity ?
<+Spartan>	Shorts ES @ 1320 «« paper »»
<rep1acs>	infinity AT is nice..except that it doesnt show the right PnL if i scale out of my position...
<@NihabaAshi>	Or are you talking about my seperate realtime data provider
<+szubaark>	Shorts ES @ 1319.75 «« paper »»	11:01
<@NihabaAshi>	rep1acs...I just notice that on the demo...
	I'm really not sure what my PnL is for the day :(
<+pdays>	Exited 1/3 ER2 Long @ 724.3 --> + 2.2 «« paper »»
<+rep1acs>	yeah...i was told that they're working on it..no ETA though	11:02
<@NihabaAshi>	Which is important considering I need to know when I've reached my profit goals for the trading day so that I can drop my position size down to 1 contract only trading for the remainder of the day.
<+rep1acs>	true
<+pdays>	exit stop moved to breakeven ER2 @ 722.1 «« paper »»
<+pat255>	hmm N dom that u are using for the sim trades ...last week u had one name todau u rae trying with AT..	11:03
	wondering that DOM u are using ..gets feed from any source?
<@NihabaAshi>	Last week I tested Photon Trader of FuturePath	11:04
	Today I'm testing Infinity AT of Infinity
<+tzar>	NihabaAshi did you call Photon tech support?	11:05
<@NihabaAshi>	I'm under the impression that each type of execution platform a broker offers usually is getting its data feed from a different source
	tzar
	Yes...simply...
<+pdays>	Exited Remainder ER2 Long @ 722.1 --> 0 «« paper »»	11:06
<+pat255>	k ..i c ..what u mean
<@NihabaAshi>	They will consider my suggestions about what's needed
	Frank said they are always adding new features and asked for my email address when the features that "I need" are/if added in the future	11:07
	Thus, he'll contact me.
<+szubaark>	Covered all Short ES at 1320 --> - 0.25 «« paper »»
<@NihabaAshi>	The program "Photon Trader" looks great but it's not suitable for fast trading in volatile markets unless you've been using it for a very long time and can move lightning speed in the program	11:08
	I can't afford to take losses in a program while I'm learning it :(
	I need to be able to trade normally without having the need to have "fighter jet" reaction skills in operating a software.	11:09
	Simple one click position reversal and position flat buttons is a big thing for me.
<+tzar>	I think you will like AT then	11:10
	simple and fast
	super tech support
<+Splurge>	tzar are you referring to AT = Autotrader?
<@NihabaAshi>	Late trade post...
<+tzar>	Splurge.. infinity AT
<@NihabaAshi>	Exited ER2 Long @ 723.00 --> + 0.3 «« simulator Infinity AT »»	11:11
<+Splurge>	ah was going to warn you otherwise
	lol
<+tzar>	hehe
<+Splurge>	I use Ninjatrader myself
<+Spartan>	me too	11:12
<@NihabaAshi>	Ninjatrader has one click "position reversal" and "positon flat" buttons ???
<+tzar>	1 tick shy
<+Spartan>	it has a rev and close button
<+Splurge>	you still waiting on your 1317.75 entry?
<+tzar>	yes	11:13
<@NihabaAshi>	Spartan...do you use those features and if so...any delays in executions ?
<+tzar>	if i dont get in in next 5 min
	i will stop trading for the day
<+Spartan>	hard to tell because I only use the simulator
	but
<+szubaark>	Buys ES @ 1319.50 «« paper »»
<+tzar>	im over reacting and might do something very stupid
<+Splurge>	I use them Niha	11:14
<+pdays>	Long ER2 @ 721.6 «« paper »»
<+Spartan>	they work well when I do
<@NihabaAshi>	spartan...thanks for the info
<+tzar>	wonder where KNES is	11:15
<@NihabaAshi>	Infinity has a Ninja Trader...may try it next
<+pdays>	Exited 1/3 ER2 Long @ 722.5 --> + 0.9 «« paper »»
<+Spartan>	no prob niha
	here is a link through mirus if you wanna try there	11:16
	http://www.mirusfutures.com/onlinefuture strading_demoaccount.htm
<@NihabaAshi>	Long ER2 @ 723.20 -> large size «« simulator Infinity AT »»
<+szubaark>	Exited all Long ES at 1318.25 --> - 1.25 «« paper »»	11:18
	Shorts ES @ 1318.25 «« paper »»
<+Splurge>	I run a basic Ninja platofrm next to a superdom as I like to watch the market depth on a price ladder as well as simple in'out buttons if reqd
<@NihabaAshi>	Exited ER2 Long @ 722.20 --> - 1 «« simulator Infinity AT »»	11:19
<+Spartan>	Covered all ES Short @ 1317 --> + 3 «« paper »»	11:20
<+szubaark>	Nice Spartan
<+Spartan>	thanks, I think I am done for the day now. Gotta get ready for work
<+tzar>	phew
* Spartan	is now known as Spartan_Away	11:21
<+tzar>	Long ES @ 1317.75
	Exited all ES Long @ 1318 --> + 0.25
	and im shutting down for the day
<@NihabaAshi>	What's up with Oil today...its going up and up and up.
<+tzar>	i will still be here
	NihabaAshi when is it not going up and up and up :D?	11:22
<@NihabaAshi>	:)
<+tzar>	it only has slowdowns but its awlays up
<+Splurge>	petro prices in the UK nearing the equivalent of $10/gallon at the pumps
<+tzar>	wow are you serious
<+Splurge>	not far away - we paying around £5.25 per gallon	11:23
<+tzar>	wow	11:24
	cant wait for mass produced electric cars	11:25
	ill build a windmill
	power the house and cars
<@NihabaAshi>	We're paying about 1.47 per liter or 5.56 per gallon here	11:26
<+tzar>	1.31 here
	i wonder if its cheaper in Alberta	11:27
	morning KN-ES
<+Splurge>	lol yes $1.47 a litre I presume
<KN-ES>	gm
<+Splurge>	heres the man buying up all the oil
<+tzar>	yep	11:28
<@NihabaAshi>	I asked spouse how high does gas needs to go before we start thinking about getting a moped...
	She said almost $10 per gallon
<+tzar>	haha
<+KN-ES>	Long ES @ 1317.00	11:29
	s.l 1
<+tzar>	what do you drive NihabaAshi
<+Splurge>	please dont say a Prius
<+tzar>	hes gonna say ho