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  1. Picaso

    Safe route or roll the dice?

    Heard the same from a quite a few of my friends when they started firing people before the summer. They ran out of unemployment. They haven't found a job. Some have had to move back with their parents or in-laws. Oh, this was the summer of 2008. Roll the dice and tell me where my...
  2. Picaso

    Why do noobs make money?

    I think this is one of the keys of why <i>many</i> new traders make money at the beginning: they simply don't close trades until they show a profit. It may be a small profit, particularly in relation to the heat they took on the trade, but their line of reasoning goes like this: if without...
  3. Picaso

    ES Journal Archive (2009 - 2010)

    I'm offering consultations with the legendary Jesse Livermore via my cursed ouija board: 1. One-time fee of $5,000 gives you unlimited consultations (1 per day) 2. Only cotton prices 3. If by the fall you haven't multiplied your capital tenfold, your money back Small print at...
  4. Picaso

    ES Journal Archive (2009 - 2010)

    ... and considering calls are a dime a dozen...
  5. Picaso

    Thailand

    I might move to Thailand in the fall. What do you have in mind?
  6. Picaso

    ES Journal Archive (2009 - 2010)

    CNBC: rumors of Fed rate cut on reserves "almost certainly untrue"
  7. Picaso

    CL Redux

    Thanks Kid, much appreciated
  8. Picaso

    CL Redux

    Storm upgraded to 60% chance of cyclone, but it seems to be moving away from rigs: http://www.nhc.noaa.gov/
  9. Picaso

    CL Redux

    Is there something weird with this HOD or is it just me? Edit 19:57 WTF??? :confused: Edit 20:02 No, seriously, WTF??? :confused: :confused: :confused:
  10. Picaso

    CL Redux

    Are you guys leaning long (retest of 78) or short (back to open 76.80-77.00)? Or ultra-short (retest of lows at 76.00)?
  11. Picaso

    CL Redux

    If not stopped out will add twice tight Will reassess at 77 edit 17:55 stopped out be
  12. Picaso

    CL Redux

    -.49 ed st be
  13. Picaso

    CL Redux

    A pity, it was a good idea :)
  14. Picaso

    CL Redux

    ... or not... remember: THEY're out to get us :D btw, the Master Flipper just got short ES :)
  15. Picaso

    CL Redux

    Damn, should have re-entered in any of the many chances I had. OK, when this happens - when I miss a move I was looking for - I totally lose my focus. Need to focus back on the market, not on the missed trade. It's still early in the session.
  16. Picaso

    CL Redux

    ???
  17. Picaso

    CL Redux

    My bad, I misread your post. If it goes lower, any point is good for a short :D If it goes up, then not
  18. Picaso

    CL Redux

    Roll over to September, Bochin, volume is 7 to 1 and you're cruising for a bruising trading August
  19. Picaso

    CL Redux

    Yes, but careful with a EUR rebound and this: http://www.nhc.noaa.gov/
  20. Picaso

    ES Journal Archive (2009 - 2010)

    Wasn't questioning your analysis, which seems fine to me, I just thought I'd share my paranoid ramblings about THEM :D
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