I can't see bubbles anywhere else other than in the energy market and even there it is not exactly easy peasy to milk profit out of oil.
Same can be said of metals and commodities markets in general.
My first trade on Wall st. was a hourly binary option based on the movement of YM: I bought at 32 and sold at 70. I though as well that it looked easy, and on my second trade I shorted at 12 and covered at 100 taking a massive 88 points loss all in the space of a few sec.
I still get the...
Im not sure I follow, didn't you plan to enter your trade overnight, to partecipate to the whole morning action? in other words was a last minute decision to go long and at those levels or was it part of your strategy?
There could be a problem here...
You know that you can't keep delivering the goods because of the large amount of share involved, why start this crap in the first place if your intention is none other than make a quick robbery and get away with it.
I won't be here arguing with you and I hope you'll have the decency of...
I like the way you trade, both of you Volente and JMo.
Simple entry/exit points based on SR, logical stops. No overload of useless indicators no impulsive decision based on price action...
hope the best...you may go a long way.
Piero
Exactly, statistics have proven traders that started trading electronically after being successful by simply calling their brokers by phone, following a small period of success they would perform worse overall.
If the link come back to my mind I'll post it.
He'll be allright...there's nothing wrong in trying to get in overnight...sometimes it just doesn't work out and his stops were tight getting a pretty good risk:reward ratio for his trade.
Yep, that's why you need a passion to be able to withstand the pain, but maybe he has enough love and dedication to the game and will end up as a survivor if not a winner...
Hi Doublea
I've change my short-term view: there's too much resistance overhead. I agree with your view of shorting rallies.
On the other hand I still stand by my view that we will never see recent lows (1200) ever again for the remaining of the year and that we will finish the year with...
All in all you did not lost that much and the fact that you had a good win:lose ratio when you traded smaller size must mean something...
...as someone else sid in this board you probably got emotionally attached to a trade...
....and got killed by quadruple witching!!
:D
I disagree with the pontential for trading stocks off the bat.
If it wasn't for the many trade I made at the open I would have blown out.
As a matter of fact that's where I made the most money: you can expect massive moves in the space of a few sec. and of course the risks increase but the...