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Nice trade. :) Not sure this is headed right up to 64 though. Seems like more of a technical bounce from a short-term, oversold level and maybe a few shorts covering. Nothing has changed in the main storyline that I know of. Good luck with the rest of those. Unfortunately I missed the middle...

It's your money boss. Or should I say it was your money. Hope that works out for you. Certainly not a strategy I'd use. You said you're not trying to pick or call a bottom, but in essence that is what you're guessing at. Why average down? Why not just wait for a turn? So you miss the first part...

FWIW it's Toby Crabel not Tony unless this is the one from his brother Tony. :)

Are you the same guy who lost $5 billion in one week? Brian Hunter is that you? http://www.elitetrader.com/vb/showthread.php?s=&threadid=77141

Actually your cat was fading you. Should have let those trades go as you would have cleaned up (........not the keyboard). The number one rule of all traders should be - Don't cancel orders if your cat is fading you. Also if you look in the fine print of the app you signed with your broker it...

This is really solid advice. Learning about trading is to a large degree learning about yourself. Learning about your own psyche. Also studying each trade you make or don't make for that matter is how you learn. What was going on in your mind when you entered the trade? What thoughts? What about...

The bounce today was on relatively light volume. I posted this yesterday on another thread. (Was trying to avoid the crossfire here :) ) Also OPEC said they would consider cutting production if crude dipped below $60 a barrel so there's alway the chance they'll come out at anytime and...

BTW, will I be kicked off this thread if I don't attack someone? :D I've been calling this thread the turm"oil" thread. :D

Oh, that's interesting about Market Wizards. I really like these books, even Stock Market Wizards which most people think is the lesser one. But I like it a lot too. :) As far as the research, I intuited that just from the trades you call. They obviously don't come out of nowhere. Thanks for...

I was thinking about that. Understandable. Thanks, D. :)

Oh, that's interesting. Any idea where to access that article? I'd be interested in reading that. Always enjoy reading about fellow traders. Especially successful ones. That's why I like Schwager's books. :)

Thanks guys. Used to do my own using TC2000 :) Mostly trading futures, but it's good to know where this is. Thx. :) BTW, of the Nasdaq 100 Microsoft was always dead last. Don't know if it still is. Looking at that list more though, this appears to be for just 5 days, and a week ago at that...

He may be tired. Wouldn't you? But he'll be ready to go again in a few. :D :D (BTW Just playing around and having some fun here. Why are so many people here sooooooo serious and feel a need to bash one another? Has the trading been that bad?)

Just broke out to the upside. 61.750 As always, stay tuned :)

True. :D Sorry Surf, but that's true isn't it? LOL (this is not bashing but ribbing :) I'm not a basher but a teaser maybe :) )

:) Amid the turm"oil" :) of this thread, just wanted to give you your props. :) PS Bit of a flag pattern on the 5 min QM chart at 61.250. Trying to decide which direction it wants. :)

42 points X 2. Nice. Ooops! :eek: :D:D

This was from MarketWatch this AM which pretty much sums up my take on the short term bottom in crude: Commenting on yesterday's selloff: " Edward Meir, analyst at Man Financial in London, said the move was unsurprising, coming after two days of slim gains amid light volumes. "Clearly, the...

Hey Surf. :) Still long F? Nice interview with Ari Kiev BTW which I mentioned in my thread on him and linked to. :) http://www.elitetrader.com/vb/showthread.php?s=&threadid=76967

Is that what it was? :D IB had data feed probs with Globex and NYMEX and I couldn't trade them for quite a while. Then when they said they were back up, Globex contracts were okay but QM wasn't.