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  1. Z

    Becoming an independent trader

    Yes - my question was why are the majority of people not self aware enough not to choose paths which they are not suited for and mature enough to follow through when they have made a commitment to do something. This means follow through properly to the best of their ability. Hence my...
  2. Z

    Day Trading Crude without indicators.

    Good journal, but only serves its purpose if you learn from it. What learning are you doing via your journal and how do you plan to improve your trading?
  3. Z

    How to know if money is real

    Or an quote from Ayn Rand might answer the question much more concisely. "Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion--when you see that in order to produce, you...
  4. Z

    How to know if money is real

    Money is a tool, a means of exchanging your labour and best efforts for those of another. If the money you earn represents your honest work and the value you give to others, and you live in a society where others are willing to accept money in trade for their hard work and value, then yes it is...
  5. Z

    Thoughts on micro-scalping?

    Try CL. You will want to make judicious use of limit orders.
  6. Z

    CL Redux

    Today was quite routine. I posted all but a few of these real time on ET today. These are the slower "macro" legs 30 points or more. One trade which was reversed with a 5 tick loss. Over 230 points from a 120 point range. Add in several more profits in the 10-20 cent range if you micro trade...
  7. Z

    Becoming an independent trader

    It would not occur to me to trade, or follow any other profession for that matter, if I did not have an interest. This is not the same as being passionate about something, but committing to doing something brings with it the duty to do what is required, to the extent it is required -...
  8. Z

    CL Redux

    Good trading. I called only the main or "macro" legs here on ET today. In addition there are "micro" signals which are too quick to call. Your 98.80 long pre-open was a micro trade, then a micro reversal into lows just ahead of the 09.00 open. The main legs account for 237 cents from a 120...
  9. Z

    Becoming an independent trader

    Yes. Work out first if you can get the points. Then start trading with 1 contract. Use the same pro rata risk and size up in line with account growth. First limitation is liquidity in your chosen market and timeframe.
  10. Z

    Becoming an independent trader

    He has set a goal for himself. Whether this goal was unrealistic or not will be proven in time according to his own effort and abilities, not Internet blowhards who claim it cannot be done. Is the OP a hedge fund? Not relevant. Might as well quote bond coupons or the historical results of the...
  11. Z

    CL Redux

    Looking for final macro leg up into the close.
  12. Z

    CL Redux

    98.50 reverse Playing the upleg.
  13. Z

    CL Redux

    Too far down to be a stop hunt now :) Consider if reversing continually and never the wrong way around more opportunities can be exploited.
  14. Z

    CL Redux

    99.20 reverse. Quick stop hunt.
  15. Z

    CL Redux

    99.25 Play the upleg. :)
  16. Z

    CL Redux

    Offer 45 +30.
  17. Z

    CL Redux

    99.15 Play the upleg. :)
  18. Z

    CL Redux

    Bid 30. +30 when filled.
  19. Z

    CL Redux

    Last 99.60. Play the downleg. :)
  20. Z

    CL Redux

    Last 99.35. A nice 70 points, the main leg of the day so far. How many played that one, bottom to top?
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