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averaiging down crude is wrong trading. crude will not go to zero, yes. I think you do not know future trading. future tradig is like bucket shop. 1 contract crude's margin is around $5400 currently, that means if you account is around that size, you went broken or wiped out if crude goes...

in some cases stop loss is not suitable, for example overnight individual stock trading, even in the tading session, stop loss still does not work, for a rare case, the market suddenly suspends its trading activity, and it will post pending news. so stop loss really is misunderstood or...

I traded trends, do not care about what instruments they are. of course I need know my risk (tick value, margin call point). just noticed gold post nicely up trend chart, tried to figure out where the support it is. 1130~1133 seems great support. I found actually any market is just...

the pnl attachment

$4170 traded two contracts of GC DEC(gold), bought in around 1139, sold it around 1149. very nervous with GC, bought in in the dip, kind of scared. it is a tough game

great job. looks very professional congrtulations

$16003.0 the best day this year. two trades, bought 5 contracts of GOLD last night at 1137, sold it at 1149 this morning, then shorted 10contracts at 1151.8, covered it at 1141.7 gold really is exploding

bought 5 rosy contracts at 1137, great price, looks GOLD will explode, sold it at 1149 just after I turned on my computer, nice nice. the only thing to know something is test it in real money better than crude

any expert here to explain a little bit about GC? one tick worth how much? what is normal trading hours for GC? the volmue looks great for evening trading and contract rollover date (epiration date) give me a link to GC

nodoji, I toke out the trade at 40.41. gee, sick of this riding. feel tired. but good propation of it shoul be extracted today. will rally more, I suspect

nodaji, it did gap and crap, but being bullshit is really good. I did not cash out so far, I was busy with CL dec trading, did not pay any attention yet, profit will take care of itself, it really is. my number is at least at 39.8+, I will cash out something

bought another 500shares at 38.9. plan to lose

bought 500shares ANF at 38.8, just a test. ANF is in up trend. trend is your firend

nice job. but you should not lock your view about a thing. the best trader never uses bias to trade, just the direction. No pre-set opinion is the best mental status since market may quickly turn around and throw at your face and negnate your view. if you lock a view, you could not see...

too bad, you did not reshort it. I covered it at 13.67. yesterday the market is too strong. I saw REV is shooting, but too late. so this morning I was prepared to gow with those profit takers. the whole market is strong, not good for shorting. be cautious.

shorted some from IB today at 15.23 REV with 3kshares, REV is really way too much. will fall. now it is shortable! will lbe loose quickly

fading is not a good trading style if the market is in a relentless rally or drop, i.e., trending market. better find some no-where (range-bound) stocks, like selling the resistance or buy supoort will be more productive using fading strategy.

mathematically 0.618 is a very important number. 7 is way off 0.72. 5 is way off 1.18. only 6 is way off 0.18, the nearest, that is why it is the almost best. of course, I use 6.25, since that is the nearest best number. trading is math game

my suggestion: go with the big trend, do not do day trading, do not use 6point stop loss, use 30point stop loss, enter a trade and wait at least 3days. day trading is only for fast fingers

I do not think trading is an art. trading is a mental game. Noda can be a trading master in his paper account, but why she still struggle in her real account? in paper account, she can take out as much money as she wants, but in her own account, while take out a couple hudreds is a task...