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Can computers do this better than people or are they only as good as the programmer/trader? Once I started keeping track of every trade, I mean printing the charts and writing down every thought and possibility I saw how patterns that fail are often even more profitable than the ones that...

I see an ascending triangle and a break back above a weekly trend line :p. If you ain't feelin gold check out the Aussie Dollar it's either on the verge of a mega breakout or range continuation. I love either or scenarios because you know if you are wrong pretty quick. Sorry for...

For risk reward I'm liking a long in gold more the oil right now

You can stay in bed you're done for the day.

For shits and giggles someone else should open a $700 account and we should turn this into a competition. As soon as I find a new daycare for my 2 year old I'll do it. Where can you trade a $700 account? Are you using Oanda or some shady ass thing like that? If I could turn $700 into 5K by...

LOL that's my wife! It's like she thinks she is melting if she sweats. I've been getting back into running since I jacked my shoulder up during a bout of roid rage. I can't find good shoes. I had these asics I loved from 4 years ago but I can't find that model anymore. I just ordered...

If any of you are bored check out sugar for a swing long with an obvious stop.

As far as oil goes I would love to see it test my meaningless trendline that I've had on this chart forever. All week I've been short 5 qm's and a bunch of 90 and 89 puts and without making a single adjustment I've made 1600 bucks doing nothing. The game plan is get neutral above 95 if it...

You gotta stay on your toes with this shit! It just got ugly.

Be patient as soon as we get below 92.40 we'll hit 90 in about 10 mins. This is the 1st week in I don't know how long I haven't had to adjust my position in oil not one single trade! So far this year all the action has been in the ags and currencies. Between the pound and cad I've made...

Isn't that most of the population in the South East?

I'm ashamed to say it but this is the reason I voted for him the 1st time. He mentioned self reliance and responsibility when he was campaigning and I was one of those white people that fell for it hook line and sinker. In 4 years we need to to vote in an old ass president to convince all...

Traders are born not created. What would you want to do if it turns out you weren't born to trade? If that occupation doesn't require formal training take your college nest egg and trade the shit out of it. I'll save you some research sell oil and buy sugar and wheat. Go away for 3 weeks come...

Not that I encounter many people that ask what I do the few I have had conversations with I tell them all my research is proprietary and they would have to give me 500K for me to even discuss it with them. Believe or not some idiot at the golf course I hang out at wanted to give me 100k and I...

I love health insurance horror stories! When my wife and I had our first kid I had no health insurance and she had a plan through work. All the pregnancy related visits, c-section and stay at the hospital cost us only $1200. Then when we had our second kid I had my own health insurance...

Thanks now I have some homework to keep me busy!

Tails only hurt to the extent that if my buy or sell stop into the underlying is triggered and then reverses I get stopped out of that underlying position if the price enters back into the pattern. In oil this can happen A LOT! But by using the underlying and not tinkering with the strangle...

These are all viable strategies and I'm guessing most of you guys are trading stocks which I guess really opens up you options. I've always strictly traded futures just because it suits me but I am very limited to how often I can apply my favorite short strangle strategy because I really can...

Ahh I just call it the sweet spot. I haven't bought an option all year but I sell what I consider directional strangles. Take right now in oil for instance. We are in this wonderful wedge with a top currently around 94.50 and a bottom around 88. I sell the 94 and 95 calls and sell the 88 and...

I am also curious what this means.