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Sim long 73.82 .7 target, .1 stop

TOS doesn't have them, and if it did, I'm not sure I'd use them. They're real popular with the Woodies Club people. My personal, novice opinion is that they ignore price and volume, which seems to me to be fairly important. The theory is they filter out noise. The Woodies Club people use a 20...

Has anyone ever been to a Traders Expo? There's one coming up next month in Las Vegas that I was thinking about attending. I know it's primarily a sales event, but I thought it might be fun.

Thanks for your perspective Bone, I appreciate the input. I AM a rookie and probably will be for a few more years, but I am progressing. I made the commitment to trade full time back in January after years of 'hobbying' with different instruments and methods. After coming to the conclusion...

Thanks schizo, I haven't given up - not by a long shot! I'm just retooling, a part of the journey. My old strategy, arrived at by months of hard work, DID work, but always left me feeling like something was missing. There are many ways to skin a cat as the saying goes, and I'm just looking for a...

Burning down the house. I've decided to rework my trading plan and focus on a different approach. For the next couple of months, I'm going to hammer out a new plan based upon the stochastic indicator and the 20 ema line. No other indicators will be used or considered. Eventually, I'd like to...

I'll be in sim for awhile and I do appreciate the comments. This does make sense, and I normally move my stop to BE + 2 when I'm 10 ticks to the good. This makes for a lot of small positive trades and missed runners. Right now I'm in an experimental mode and am gathering stats. On my...

I'm reworking my trading plan, essentially starting over. I'm thinking out loud in my posts here (I hope it's not too annoying for more experienced traders), so any feedback or criticism is welcomed.

Stopped out. Had a 20 tick target, but only got 15 ticks. Thought about moving stop to BE + 2 but didn't. Let a winner turn to a loser.

Sim short 73.75 .20 stop. Thinking the support from the overnight lows won't hold. Bounced off the overnight highs and headed straight down.

Thanks! So if I want to have multiple images in the body, I'll need to do multiple posts to get the url?

Picaso, how do you get the attached image to display in the body of the post?

Stopped out. The news caused a red shooting star on the 15 min chart, then next candle opened under 20 ema. Should have waited...

Sim long 73.59 .20 stop. Thinking is news pushed price into overnight low territory.

Thanks for this. I have to admit that I am a fan. After lurking on this board for several weeks, trading my own way and doing OK (not great, but OK), there was one day that really caused a shift in my thinking. After a particularly choppy day in CL, I squeezed out 8 ticks and was feeling...

I think getting whipped around happens on any time frame. I'm trying to be aware of when the market starts to move side ways and the bars become barbed wire. Unfortunately for me, when I finally decided to start trading, I had missed the better trades. What I'm trying to teach myself is to take...

Traded like a chump today. Started watching oil at 05:30 PST and sat on my hands as it ripped up through 160 ticks over the following 2 1/2 hours. There were 2 news events the drove a lot of the surge. There were several signals that I ignored because I was reluctant to jump on a run away train...

Out 74.25. Buck buck buck

Short 74.28 .15 stop

The year started off great, but July was very slow and choppy. August has been even worse, so last week I decided to go back to paper trading, and have had minimal success. I'm starting to feel like I'm at the very beginning, but today I'm going to get back in to it. The goal is to trade like a...