CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. Why can't CL volatility be like this all the time? viva volatilty
     
    #16171     Feb 23, 2011
  2. schizo

    schizo

    Well, have you noticed other commodities in the past month? A lot of them have gone through the roof. For instance, cotton was shooting for the moon just about all last month and now is backing down but the range still remains wide. It closed limit down yesterday.
     
    #16172     Feb 23, 2011
  3. anyone short from 99.90's?

    please kindly donate to my scholarship fund for EonKid/Nodoji trading school.

    thanks.
     
    #16173     Feb 23, 2011
  4. Picaso

    Picaso

    shorted .94 (via WebTrader! - don't try this at home)

    stopped out .00

    -6 ticks

    (94)
     
    #16174     Feb 23, 2011
  5. schizo

    schizo

    That averages out to about 98 per lot.

    Placing SL at 101.50-ish
    and PT near 92-ish as previously stated.

     
    #16175     Feb 23, 2011
  6. NoDoji

    NoDoji

    Hey I shorted there, too. B/E

    Then I shorted again. B/E

    Then I gave up. Down she goes...

    EDIT: Actually the second short was -1. Holy slippage, Batman!
     
    #16176     Feb 23, 2011
  7. NoDoji

    NoDoji

    This reminds me of trading ES in the days after the flash crash. I remember thinking, "It's going to be easy to scalp 5 points out of this," and before I knew it my positions were up 15 points!

    You'll only need a scholarship if you FAIL my school :D
     
    #16177     Feb 23, 2011
  8. schizo

    schizo

    Gotta have patience dear. *blush*

    On a serious note, RTM works better on CL in my opinion.
     
    #16178     Feb 23, 2011
  9. NoDoji

    NoDoji

    Schiz, it's the symmetrical triangle thingy, it makes me nervous. I pick at it, scratch a few, then give up before the fantastic breakout :eek:
     
    #16179     Feb 23, 2011
  10. Picaso

    Picaso

    Yeah, when I realized my TWS was not going to connect today no matter the time, I pulled up the WebTrader (not for the faint of heart) and tried to pull a few trades à la Nod.

    Tried to short at .65 (and then reverse long at the same price) but didn't have time (if you've ever tried the WebTrader you know what I mean - a true headache).

    Then that trade.

    Then I was going to short again at .94, but no time.

    Then I placed a stop (that took me a while) to get long at 99.01

    And then you must have gone to the toilet or something because that's when it tanked! :p

    Awful to see a day like this and not double your account :D :p

    Edit: Holy Phuket! There goes my one-pointer! :D
     
    #16180     Feb 23, 2011