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Sorry not calling my trades timely, but I'm trading stocks live, while trading CL sim. SH @ 81.27 (weak-looking PA) Covered 1 @ 81.14

F11 schooling me in how to properly manage a trade...

I jumped right on that in sim, spd. Shorted 82.02 with all the confidence in the world when nothing was on the line except my sim Ferrari :D

OK, I had no problem taking a sim trade, definitely need to trust, trust, trust. But even with the sim trade, I exited the 2nd half too soon (81.88). I really gotta work on that...

I'm really disappointed with myself this morning, no CL trades, didn't trust my intuition on long the failed breakdown in pre-market, then didn't take the short signal off the high because the price action seemed so stuck and choppy. I'm pretty sure if I was trading sim I'd have taken both trades.

LMAO, when you covered I thought, "Hmm, he's a lot like me, so that's probably a short signal."

I've never seen CL stuck before, someone hit the ON button pleez

I've noticed that those scary moves are almost always news-driven; it can be anything, not just inventories. Seems like every bit of econ news drives a pretty sharp move in CL. The rest of the time I find CL to be one of the smoothest and most technically beautiful things to trade. The breakouts...

Strong opinion is definitely dangerous. I'm glad you experienced the balance of strong opinion leading to some of your best gains, because for me it's ONLY led to my greatest losses. Over time I found out that a strong opinion leads to early trade entry + average down into a larger position...

Well aware of that and that's how I got hooked. I learned the power of trend-following not all that long ago, and had a CL sim day of $13K+ recently trading 5 lots, pure "buy every dip" trend-following.

Why'd you have to print that analogy in my brain? I was really confident until now... :D

I've been sim trading CL for months now, net profitably, so it's not like I just started working with it. The problem is, my sim trading was always sporadic because I've been trading stocks. The other problem is that as a result of sim trading CL in this cavalier manner (rather than focusing on...

Robert, thank you for your kind words. You sure have followed my zig-zag journey from the nearly start, because I followed your amazing live trading on ET's chat for a couple months before I started day trading and learned a LOT from you. When you thought TIVO would rally into the close, that...

Yes. From testing this very strategy over a period of several months in my sim account there are times when the slippage can place you in the trade at a very poor entry price and a violent reversal can then leave you stranded. A great example is crude oil the other day, which sold off hard to...

Tomorrow I'm going to evaluate Ninja and SierraCharts, both of which have been recommended to me by a few futures traders on ET. I would really like to trade directly off the chart. Anything will be better than IB's charts that I'm using. IB charts lag the DOM about a second or two and that's a...

Going live Monday, come what may.

I'd like to thank you for the free information you've posted on ET. I've gleaned some good stuff and your description of the trades above is a lot of what I got. Thursday morning I had a buy stop 1 tick above the opening range high on AAPL, because I knew a lot of "it's too high now" traders who...

Thanks. I felt good about these trades technically. On the first one, sellers came in before the HOD was tested and in fact I almost jumped in right away, but decided to wait for confirmation, which came when sellers pushed price below the close of the previous bar. The momentum was great and I...

No, don't do it, spd! Less is more! I'm really looking forward to transitioning to trading CL exclusively and can't wait to ONLY use a laptop (sitting in the spa or pool preferably). Yesterday, I actually turned off my two stock chart monitors to keep myself from getting distracted from CL...

You'll have to confirm with him, but I'm pretty sure Neke paid 6 figure taxes the past 2 years.