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no u go long futures which were not busted

hedge the trade with futures next time

Thanks, I have been using stops today to trade and have honored them especially on CL which moves much more than ES. Overnight stops don't work for me unless I want to keep the computer on all night. I need either to find some type of server solution where I could place my trades, or design a...

I think you need a few more trend lines, but looks good. Been up and then BE then back up today. After getting to around a profit goal I was happy at with real money, I switched to sim and proceeded to make a ton of mistakes including chasing the market and ended up down alot in sim. I was...

Glad you still posting, I thought something may have happened to you.

Well, I probably should have traded with the trend today, instead I fought it. I was up $ 180, then down $ 220, then finally up $ 385 real money and now I am switching to sim. What saved me was order management. I stopped using default auto stops and targets. Instead I was ruthless, as...

It seems if I average down 3 times, usually I lose money so I don't like to do it so I would call it being on tilt or revenge trading.

Obviously averaging down 2 ticks is useless and mostly noise, I averaged down 2 points with my plan for that trade, each trade is different. Normally, averaging down to average down is poor risk vs reward, and I try not to do that especially if I am going against the trend. However, I do...

Let's just say I had a plan. and it was not to keep scaling down by 2 points. I determined that ES had in fact made a bottom for the day, so I went long on a high probability trade going for 2 points target. Now since I felt I was trading with the market, I decided before hand that in case...

I think ES is a little more forgiving than CL. I went long at 1068, and the market only moved .25 in my favor before falling 2 points, so I added at 1066 and got out at 1068 with a profit. Right now CL is falling, and if I had instead averaged down on CL I would have taken a big loss instead...

I took some profit out of my longer term stock trades just now in case the market does sell off more, I will have a little cash to buy.

Thanks for the heads up. I am going to keep my SPY call through Friday economic report unless we get a rally on Wed, where I can kill it for a profit.

Well, I can't find anything on the news why we are down so much. I got a heads up from a master trader that he was looking to go short, so last night I did look at my charts and saw a possible TA reason to go short. I did put on a market short at 1198 real money which got me in at 1197.75. I...

This could also be a reason for the US market to rally on Monday.

They need to build margin limits into their terminals. Trust me, when you hit margin with most future brokers, they will NOT allow you to add anymore contracts.

I say its a buy now, looks like all the bad news is in, and its around 25% down from the highs. I actually don't see any evidence of anything criminal.

I have to say very happy with Windows 7 Pro. I was able to get Ninja Trader 6.5 to work on it, and will try Ninja 7.0 in future. I was able to get it to print through the network to a printer attached to a Windows XP computer through USB by downloading the Windows 7 drivers for that printer...

long 1188.50 with stop at 1186 and bought 1 SPY 119 May put as protection, target 1191.50 which is 3 points, will hold over weekend if needed using put as protection.

Really? Its better than when you enter in a high probability short or long for a scalp? Can you give an example on how its better, are these more F/A type trades vs TA in that you have to understand the forces behind crude markets?

Was up all night so decided to trade CL. Trade was a long and market did go against me at 1st, but I had my stop set at a good place, I did not average down, the market came close to getting me stopped out, but then it did reverse and actually not only went up to my BE point, it then traveled...