Search results

Sorry for not keeping everyone up to date on what happened friday. I have been deer hunting. Anybody ever hunted for deer? If not you really should try it. Hunting is a huge passion of mine! I did sell 1 cotton at 64.50 and took profit at 64. A good thing too because I was going to hold...

This is great guys keep it all coming! Good to here all the memories of the pits!

Looking to sell some cotton at 64.50 and then at 65. Looking to maybe add to sugar if we can hold yet again over the 990 mark today. Might short more coffee if we break through 127. Got to go im late for a student council meeting this morning! Im always fucking late!

Just thought I would bring this topic up again. Im short march from 130. Funds continue to cut longs and increase shorts. Looks like the head fake prediction that mike stated should come true. Brazil weather is favorable for the crop and the brazilian report wednesday was a non event...

With open outcry dying and not looking to get better any time soon I thought we could try to remember and share some stories about the pits. Anything will do jokes, big trades, big winners, huge losses, anything that you can remember that happened on the floor while you worked there or while...

Coffee is starting to get setup for a huge fall everyone. Im thinking about adding positions here. Fridays report will be interesting. Sugar starting to get some momentum lately. Closed above 990. Technicals starting to turn bullish. We NEED to break about 1000 for solid upside support...

hrokling sounds like an interesting journal you have going here. I enjoyed your seasonal journal and I hope this one is just as good. A few quick questions though. As you know im mainly into physical commodities so I don't know much about financial futures and such. Are you basing your...

hrokling thanks for the reply and I do appreciate you reading the journal. I hope its given you some info and knowledge about the physical commodities that I trade. I do enjoy making this journal as it has taught me alot about myself and my trading. Anyway on with the trading day. Coffee...

Not much happening everyone just kinda holding on and waiting for all my positions to play out. I see no reason to change any of my positions in coffee cocoa or sugar. Will look to short cotton at 62.50 though. Other than that nothing going. Anybody have any thoughts on what im doing...

You have an advantage here that I think some overlooked. Your father traded down in the pit right? Although he was probably fed all day with good orders from his broker buddies he had down there he still knows how the market works and how it reacts during the day. It doesn't change once its...

BORING!!!! No offense but wheres the exitement, frustration, joy and sorrow that keeps all of the readers of the journal on the edge of their seats? You are a system guy and base your trades off of models so your probably not the most humorous guy in the world and more of a strict/stiff...

Lots of trading went on today everyone. And a lot of that trading was good trading if I do say so myself! Still short my sugar. Trade house buying has been taking place as we continue to tick down in low volume basically the selling has been created by small specs so im told. I shorted 1...

Hey everyone lighten up on him a little. If hes got $500 to start with then that is enough considering that will cover his margin money on the contract he trades. I started trading about 2 years ago with $3000. My account is worth many times more than that now but it didn't get that way by...

Sorry everyone for not keeping up on the journal but deer season started saturday. So I was out and about trying to get my buck for the season. Out of my es friday at 1471. Basically unscathed here as only a $50 loss. I thought this thing was going to tank again after the recent runup but...

Out of my es at 1471. Basically unscathed here. I honestly thought we would fall through the floor after that huge rally last week but now i am not so sure. We might target 1500 before we start our way back down imo so I might look for a short up there. When in doubt stay on the sidelines:D .

By the way everyone total profit on the journal is $9,720!!!! I started this journal with $10,000 in my account and my goal is to make 100% on my money by years end. It looks like a chip shot now but things could drastically turn any time. Regardless though I feel good about my returns so far.

Got short 1 dec es today at 1470. imo todays close indicates a lower trade tomorrow and here on out. I have resistance at 1485 and then 1500. Still holding on to the sugar. Took all of the gains from yesterday so im not sure what the trade is thinking here. Out of my 2 march cotton at...

Im short s&p today at 1470. imo todays trade and todays close indicates we could see a lower trade tomorrow and here on out. I have resistance at 1485 and then at 1500. We are trading right on the downward trendline. Thoughts anyone?

Well this morning I think im going to sell the s&p. We had basically a fluke pop yesterday. Taking us right to our downward trendline. I see resistance at 1485 and then 1500. Im going to see how the day starts off and I might short this market today. Im keeping a positive tone on sugar as...

Pa(b)st and Bob I agree with you guys completely. It sure as hell isn't getting past 1500. This market is sick and a fluke rally like today should be sold and then sold some more. I think I might short a contract or two and buy myself something real nice with the dough lol :D