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I spent a month or two on this thread on my leisure time last summer. What I got from it is basically the all important lesson to stop looking for answers outside of yourself. There are no guru's or teachers. Learn from your own experience. Hard pill to swallow in this day and age of mass...

Missing signals that fall into my chart reading parameters that end up really good moves. Usually this happens when I am engaged in 1 market and the signal comes from another and I dont want to spread my focus too much. Also still get the occasional freeze when it comes to taking a loss. This...

Are you taking your trades based on charts only or do you take fundamentals into account?

Looks like my ideal entry was front run... no trades in the indexes today

Im waiting to short 87 level on NQ

This is what I am doing... basically just trial and error. Some weeks I make money, some weeks I lose money. Some trades last for a week or two, some last for 30 minutes. Sometimes I take quick stops, sometimes ill scale in. I strongly believe that after years of doing this, it will all click...

I have a buddy who trades currencies like this as well but he is trading such a small size that psychology does not come into play at all. Also he doesnt exactly live off of his trading either. Its just something he does once in a while. He just doesnt take losses. Will hold a trade for months...

I agree also, but this is such a hard pill to swallow for millennial's and other people who are so used to finding out everything that they need by going on google. We kind of lost the "art" of figuring things out by yourself through trial and error.

What happens when you are in a losing trade and its time to roll the futures contract?

I dont know about fractals or anything like that but there are some fundamental rules to price movement that I have observed with my own eyes in the liquid futures markets. The same things happen over and over again in all the timeframes just takes much longer to play out on the bigger charts...

I had the good entry Thursday close but blew it unfortunately. I am not chasing. I also trade CL and sometimes GC plenty of opportunity all around.

You are right, but I need a top to be put in first and then Ill happily short a test of it. Not trying to step in front of a moving train here. Unfortunately my method doesn't really have a plan for uncharted territory (new highs with nothing to reference left of us).

Congrats to the longs. Staying away from this market for now, as I tend to trade tops and bottoms reversals. Focusing on CL.

TTT was short GE... Isnt it obvious?

Is this your quote or is there a source?

You are wasting your time with this guru worship.

Interesting that you made the switch. I guess the dream is to be able to somehow automate your discretionary reads but I doubt thats possible. I am reading an interesting book that talks about "gut feel" and the neuroscience research is saying it is basically you processing information...

I use IB... Dont mind the high margins. Mobile app is excellent. My biggest issue is that the continuous futures charts that they offer are only back adjusted. This makes charting completely worthless on monthly contracts like CL. I have no choice but to use a 3rd party charting package to see...

You are showing past charts....it means nothing...did you buy low and sell high or you just engaging in mental masturbation?

If you understand the fundamentals of price movement, have an appetite for risk, and the psychology / fast reaction to execute your edge then not trading intra day is like walking around and seeing thousand dollar bills laying around on the side walk and just walking by and not picking them up.