CL Redux

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


  1. Out flat 100.76. No longs yet. Waiting for buyers to show up or sellers to dry up.
     
    #34641     Jul 11, 2014

  2. No longs for me. On an A down day especially when trend for the week etc is down-

    to take a counter trend trade and try long, i need a flush down and then complete

    reversal of it. Flush down with complete revesal never came and thus no longs.

    Shorted again at 100.99 ( small position size), covered @ 100.54 , held runner for

    another 5 minutes and out flat 100.61.
     
    #34642     Jul 11, 2014
  3. NoDoji

    NoDoji

    This made my day!

    Back in 2009 when I first started reading Brooks I posted this in my journal:

    "If you're a beginner, you may as well just place the book under your pillow at night because you'll get as much out of it that way with less stress ;-)"
     
    #34643     Jul 11, 2014

  4. Luckily I landed with Mark Fisher book first and then Al Brooks after reading couple

    of your posts. If i had landed with Brooks books first- may have given up on trading.

    NOTE: Just in case before one rushes to buy Mark book etc. According to Mark, he tried to teach his ACD method to around 1,000 traders, 1/2 of them slept through the class ( had no business of

    being a trader) , out of rest only 100 became sucessful and ONLY a handful worthy off joining his firm. Even though Mark himself is a graduate of Wharton Business School, he prefers traders with

    common sense vs the ones with fancy degrees.

    Now his firm also have a black box trading department filled with programmers etc.
     
    #34644     Jul 11, 2014
  5. Vas62

    Vas62

    Your loses or theirs ?
    If theirs it's some case of sadomasochism, if it's you'rs you somehow got under their skin. LOL:D
     
    #34645     Jul 11, 2014
  6. stopped out
     
    #34646     Jul 11, 2014

  7. In the internet jungle we have all kinds of characters with names like Ding Dong to

    Baby Powder and everything in between. They want entires, they want stop loss, they

    want trades called ahead of time, they want to see every trade and on and on without

    realizing my risk profile, account equity size etc. is totally different.

    While they been trying to risk 10 ticks to make 30 ticks for years, then get a reaction

    which is unique in it's own right when they see someone else doing well.

    When i say get properly funded ( anything north of 200K) is a good starting point

    they move on and do what they been doing for years- troll around.

    I just share some of the trades to keep them scratching their ---------.
     
    #34647     Jul 11, 2014
  8. At least you're following the rules. kudos :cool:

    Thread seems to have gone to $hit in the last few days

     
    #34648     Jul 11, 2014
  9. Visaria

    Visaria

    schizo has abandoned the thread, tbf. when's the last time he posted here?
     
    #34649     Jul 11, 2014
  10. Shorted again at 101 for anotehr +50
     
    #34650     Jul 11, 2014