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He's alive and well and still a master trader in very way. He won this bet 3 times over last year. Watching Geez trade month after month played a major part in my transformation from total noob to pretty decent trader myself. I refer people to this site all the time when they talk about...

Thank you for that insight. One less thing to fear. If my account blows up, it'll be covered under my homeowner's insurance policy!

With 2 or more lots, you can ring the register on some and get paid for your effort no matter what. With 1 lot it's trickier, so for me it depends on the setup. This morning I was shorting CL near the low, looking for a breakout and another push down. Because such a strong move down like the...

Jack, another gem. Getting to this point has taken me a long time, but what a transformation it inspired in me. Having a winning system, testing the crap out of it in my sim account for months, and manually back testing bar-by-bar every day, is helping me reach a point where I'm starting...

Sometimes the trade's just too fast to post, like my two 30-sec trades today. And if I'm trading more than one thing, like stocks or ES, I'm usually too distracted to post in real time. That being said, I think in the long run it's helpful to me because once I put my trade on the table, I...

Arrow 3: I like the 3-push counter-trend trades because the risk is small and they go well often enough to make them worthwhile over time IMHO. Arrow 4: I like this long signal because it's a higher low off a failed downside breakout. The breakout shorts are trapped and any continued move up...

First of all, you're being entirely too nice to me here. :D That first trade my big mistake was not re-entering and covering prior to the news. I would've never rode it to 82.91 because I'd have held it thru the news to do that. Are you crazy??? (You don't have to answer that.) The second...

Yes, for me it is. I've seen successful breakouts and failed breakouts long enough to realize that it's going your way quickly or it's time to stop and reverse.

I apologize for not letting you guys know I was leaving my desk for an appt earlier. I let the CL guys know and forgot to post here. Me leaving is one of the strongest short signals the market has ever known. WTF happened? News?

Oh sure, all the good stuff happens without me. Looks like my $86 gain holds for the day. I don't trade after the close, but maybe I will with all this action. Blotter attached so cstfx could see the timing of my stops on the hope for a breakdown, combined with the fear it could bounce. I'm...

It was not only a tick above the next resistance level to be tested, it was also 50% retracement of the move, a lot of long fuel built up there. I really regret not playing the breakout. I have an appt. I hope to catch more than my current whopping $86 profit when I return!

The noon bar was a 26-tick bull bar with no tails. I call that conviction.

So I'm aware that the technicals are beating the fundamentals in this market, and I know that a break through .67, especially after the 11:55am bar closed above the rising 20-bar EMA, was bullish, and did I trade that setup? No. Why? Because I thought the fundamentals were too bearish. I need to...

83.67 with conviction is necessary for the bulls here

Just a word of wisdom, when you short so close to a LOD, you're looking for a quick breakdown. There's a always a good chance of a bounce after a selloff like that. I personally offer no mercy with my stops in that situation, because trend reversal traders will jump on any lack of weakness.

I disagree. You had your stop at a decent zone. You can always jump back in if it looks like it was just a head fake.

Huggie, that's my line. We need to attend a 12-step program together.

Just shorted 83.07, looking for a quick breakdown of low and scratched @ 83.06 when it didn't follow through. 30-sec trade, no time to even post it. ADD: taking a quick break to grab tea (look for a massive move!)

And for everyone scratching their heads as to why I didn't short the sagging boob of the 10:55am bar, it's because I was putzing around with POT again and didn't even notice it! Damn drugs...