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So this morning I wake up at 6:30 and to my great supprise beans are up 6 cents.......shit is this market ever going down? We are at 880 now and I will sell more at 880-881 unless we open higher than that. 890 would be ideal but i dont think we will get there. Got to be some profit taking...

Ok obviously tom is a moron we all can see that. I never said anything about trading not being gambling. I am a gambler by nature, I think its something in my blood. Not everyone is made for this business. It takes a certain breed to thrive in the hostile situations of the market but I would...

God what a joke! I hate cme group! Do they not realize that a substantial amount of volume is done in the pork belly pit! Screw the exchanges and there god damn electronic markets! What happens when the electronic market goes down and some poor SOB can't trade his good old pork bellies...

Dude im with you all the way! The only one who believes in me is my dad. My mom thinks its a waste of my time. My grandparents think that I will always just be a gambler and never amount to anything. The rest of my family just doesn't bring it up. How can you not like the opportunity that...

Sold 2 nov beans at 876 today. We closed at 874 I believe. I hope this is the right decision! We had a better than expect progress report monday with traders expecting 2-3% decline with us coming in at a 1% increase. Market still seems to be trading a shitty bean crop (reminds me a lot...

Ok everyone is probably wondering what my p/l is so far on the journal and I got to wondering exactly what it was too. I had a rough estimate but the actual number is right at about $7800. That is on 10 trades (counting lumber as just 1 trade). Hopefully I will be able to keep this momentum...

Finally somebody gets it!:D

by the way anybody know much about calculus? Just thought i would ask :D

Well got stopped out on my 30year today for about a $750 kick in the ass. I dont get it....we had terriffic overhead resistance with the double top and 200 day ma. Stock market was up durable goods came in way higher than expected and new home sales were up (granted they are from july not...

Actually I heard its the cbot pit traders especially those damn oat traders that are pulling the plug on ecbot they have recently joined together with cme pit traders and when everything moves to globex I hear they are going to shut it down for good! And who says those guys down in the pits...

got out of all my lumber today at 265. This has been one of my best trades yet hopefully more to come! We might have more downside room to go but im not going to risk it. I did not get filled on that dec silver and took off the order to buy one. I did short dec 30year bond today at 110...

Ok I am typing this in school right now and am suppose to be in chemistry class but oh well! Lumber absolutely tanked today and I tried to add shorts on but I was having trouble leaving class and by the time I called the broker it was already moving to much but I wanted to sell more around...

Sold 2 more nov lumber at 275 today. That makes 1 at 279 and 4 at 275. Closed down 1.3 at 273. Really nice trade going on hear and im lucky to have capitalized on it. Starting to maybe get a little oversold hear so I might look to take profit around 270-271 area. Then come back with more...

stopped out of oct nat gas at 6.47 for a $500 kick in the ass. Thank god it was a mini or i would be really upset. Sold 2 more nov lumber at 275. So I sold 1 at 279 and 2 at 275.

Did buy some oct nat gas at 6.66 last night. I think they are beating things up a bit too much in the energy complex. Even though dean is going to miss the gulf they still evacuated workers on the rigs and with another huricanne still possible we have no reason to trade .50 lower. Technicals...

Remember guys even though the storm isnt going to do much damage they still had to evacuate all the workers on those rigs. Its still gonna take a toll on inventories I bet we are substantially higher tomorrow after the close than right now!

Looks to be a buying opportunity in oct natty tomorrow if we can drift back to around the 7.00 mark with a small stop.

For tomorrow will be looking at a long oct nat gas position. Also be looking to sell a nov gasoline crack spread if I see fit. The last thing I will be looking for is a signal to add to my short nov lumber.

closed out of my dec kc/chi wheat for 5 cent loss. it settled down to -24. I still believe in this spread but I think I can get better returns with my money then leave it sit there for eternity. Stopped out on nov lumber at 276.70 for about 8 points profit. Shorted it later in the day at...

I want to think we are due for a little bounce in the oct hogs after these steep losses. Negatives: huge slaughter numbers, china is out of the picture for a while, financial sell off, Positives: packer profit margins are improving, extreme oversold condition, seasonal for oct hogs to...