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    Youngtrader's Commodity Journal

    I broker with openecry on most of the little stuff but anything complex (options, intermarket spreads, etc) I use a small full service broker based out of Minneapolis. To be honest I have no idea how much money I have made since posting the journal (forgot to keep track and am now way too far...
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    Youngtrader's Commodity Journal

    Well everybody its going to be a very busy week this week. I still plan on holding on to my coffee and corn straddles but will be looking to get out of my hog spreads. I also want to look at buying a july soybean 1400/1450 call spread for about 5 cents.........its a very short term play but...
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    I have yet to know a Forex Spot trader who doesn't lose big...

    alex.samant You honestly think most of the traders in eurusd and usdjpy are multimillion dollar traders???? Hell no! Im not saying there aren't some really successful traders in those markets (somebody has to make the money lost) but remember trading is a game where 90% of the money is made...
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    Youngtrader's Commodity Journal

    lol you better believe it......it was a wild night!!! Yeah coulda woulda shoulda on the coffee man but oh fuckin well. I look at oj and too be honest I am too scared to short it until we get a little pop......it just seems overdue for a pop. Yeah NQ is a way better trade then ES imo.......its...
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    Youngtrader's Commodity Journal

    sophiekay Thanks a lot man......I really appreciate it! Good trading to you
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    Youngtrader's Commodity Journal

    Sold 2 more sep coffee at 137.90 average is now around 139.30 for 3 contracts. Coffee just feels weak here guys. Nothing to say about those corn straddles hogs are hogs
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    I have yet to know a Forex Spot trader who doesn't lose big...

    I have just started trading forex (my first week). This market is just like any other market.......it goes up, it goes down. Its not any harder or easier than any other market (although you have to think a bit more sadistic because of the market maker). Let me guess the OP is probably trading...
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    Youngtrader's Commodity Journal

    lol no prop I'll txt ya sometime today man. I got done with school last Friday so its been great just kickin back without any school man.
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    Youngtrader's Commodity Journal

    Well first day of the trading week and I have barely been keeping track of my positions lol.........I got a summer job with a local distributer stacking boxes on pallets between the hours of 5pm and 2am lol I start Thursday!!! I have always had a summer job and I think its a great experience...
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    Units?

    Thanks for the info......exactly what I was looking for. Good Trading YT
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    Units?

    DRiSst 206 bucks? No offense dude but if you think your king shit because you got lucky on a trade and made a little money then you obviously won't be in this business for long.......if there is one way to tell if somebody will have a short trading career it is when I see guys like you who...
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    Units?

    Sorry to start a thread about such a simple question but I am new to forex. How much is 1 unit worth? I thought there were just mini lots and standard lots but it sounds like you can customize your order to fit your account size better. Can you tell me what the common unit sizes are and how...
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    math test for imc-chicago

    What is IMC exactly? Is it an options proprietary firm? I thought most of those were just market makers so why is a math test so essential?
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    Youngtrader's Commodity Journal

    Out of my pound trade at 1.9750 for a $1600 profit Still got my hog spreads. Trading around a buck under so far but I expect it to be roughly 2 bucks under fairly quickly. I did short 1 contract of sep coffee yesterday at 142.30 Target on this trade is first 130 then 125 then look out...
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    Youngtrader's Commodity Journal

    Out of my 2 aussie at 95.67 for a $940 loss. I took a nice little beating on this aussie trade and won't be back in that market for a while.......just to clear my head. Still hangin on to my british pound. still got my hog spreads too. Coffee popped hard today and I thought about...
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    Watch me turn 200 dollars into 5k

    This is too damn funny man.......however I am tempted to give the guy a few hundred just to see if he is real or not. The real truth though is get a job man. Don't ever think your too good/smart/cool to do a little work. Hell when I first started out (at 16 years old) I worked at a hog...
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    Youngtrader's Commodity Journal

    Sorry for not posting in a while guys but its been a rough lately with semester finals coming up and such (I fucking hate high school!). I added 1 more short to my aussie dollar at a good price of 95.50 average is now 2 at 95.20. We traded extremely high volume yesterday guys! 80k...
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    Youngtrader's Commodity Journal

    monti1a Thanks for the compliments. However there are many other journals that beat mine hands down. Take the ES Journal for instance. Some of those guys have forgot more about trading than I will ever learn. Well Friday wasn't too good of a day with aussie. Like I said I managed to...
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    Youngtrader's Commodity Journal

    Just got a short in at 94.90........wow aussie is on crack today!!!! Im gonna be late for school lol!
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    Youngtrader's Commodity Journal

    Actually just got out of my aussies at 94.36 for a $3,040 loss (don't have stops just mental areas that I look at). Again I thank god I wake up so early to trade because I would of been sitting on a decent sized loss this morning.......actually this is a decent size loss. I can't believe it...
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