I was so happy you traded the same thing 2 days in a row, then this: now YM added to the mix??? OMG, I've found someone more ADD than me! Incy, there's hope for you, really, there is. Just trade SF. Don't worry about what everything else is doing. SF likes you, you like it. It wants to dance with you, it's winking at you from across the dance floor and now you're gonna play hard-to-get?
thanks Fireplace...this is really very good...and yes, I have to agree that with my trading so far I have been "Thinking too much, being a classic overthinker"...agreed +1...
a lot of this for me was simply hating the losses that I took...can't stand it!!...so, the 'mini' wins here lately are building my confidence to just let the trade RIDE!!!...
YEA...it felt great just trading the same thing 2 days in a row...as for the YM, was just watching to see where US markets were going...but...was looking like a cool short...didn't trade it though
gonna try and trade Natural Gas this coming Monday...great range and per point value...JUST KIDDING ALL!!!!!...Ha! Ha!
Jesus Christ dont scare me like that. I dont know where you live but if you start talking about nat gas losses I swear I will find you and slap you in the mouth :eek:
94.6% of the time I trade CL 3.1% of the time I trade Euro futures 2.3% of the time I do not exist Im only keeping an eye on the indexes for the time being. Really, the way I see it, if someone has enough muscle to move the market high enough to take out a pivot like a swing high they can likey stir up some other momentum traders to jump in and keep pushing the market higher, possibly taking out a stop with a little more breathing room. So basically, if what I perceive to be key highs/lows/pivots/etc get taken out I consider my set-up invaild and just take my loss and move on. This may be completely off base, I am by no means a perfect trader, but for now this has helped me acheive some consistent success. Honestly Ive been really focusing on solid entry set-ups, if I take any heat on a trade Im usually just wrong and the market plows right through my stop and keeps on chuggin anyways. Ive gotten a lot better at knowing when to bail on a trade that goes my way for a second then starts to head back the other way before it gets close to my profit target. Ive been getting out for a scratch or small loss/profit on trades that used to stop me out all the time.
lol I know dude, I was just joking too. and yeah, maybe someday. There are somedays I love that contract and some days abhor it. I have a good "feel" for how nat gas trades and I still cant consitently take money out of that market, its too frantic. Im not trading it for the time being either.