IncNow, trade when you have a real setup, not when all these blokes say "Come on, trade!" I traded a bunch of phantom setups this morning and it cost me over $200. Patience, patience..
No 'we' don't need to discuss anything, this is increasenow's journal, just let the guy trade. Too bad about the gold trade increasenow, just keep to your plan and don't let these losers get in your way. remember you can't make money if you are not in the market
IN, Oanda offers gold trading at $0.10 per tick. I like to use them to test fx and metals strategies with real money w/o risking a lot. I'll imagine you're going to see a lot of $100 stop-outs on this account. Why not build a methodology with real funds, that you can afford to lose w/o being scared out of a trade. I don't think it's feasible to trade GC at a $100 stop. Euro at less than a pip spread and spot gold is competitive.
Yep its being going nowhere. CL and 6E are what Ive had my sights on lately. Some appreciable moves that set up nicely.
I dont either, unless you are a gold badass and have perfect entries every time. You are going to take some heat trading GC, I dont care to trade it myself.
lol Everyone told you to stay away from gold and what do you trade first thing Monday morning? *Sigh* At least you didn't short AMZN like some knucklehead I know. (I made money on the trade btw)
horrible day trading...lost $284.00 total trading comex gold and mini sp500!!!...not fun... going to look at miniGold and miniCrude Oil...
I think I simply gotta get away from the larger contracts for now...meaning Gold and CL...man,this hurt today...do not like it at all!