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Yep. That was my point. As long as you are willing to pay the price and constantly learning and improve, then you'll get there. What is the end goal of your trading? To make millions per year? Dream BIG and achieve BIG. If the goal is to make only $100K/yr trading then there are much easier...

I totally agreed! For most people(that's 99.99%) should not try to learn trading. Get a job/career that they love and put money into 401K and low cost index fund. In 20-30 years, retire with a few millions. Having read Market Wizards I and II and been at it(trading) on/off for a very long time...

Like clockwork. Profitable again in NG. It would have been a lot more if I were a little more patient with my exits. Had loss in NQ/YM due to a stupid resting order. Anyhow, I've been consistently profitable in NG almost every single day. The last major loss in NG was 6/21/19. This time period...

what i like about it is that I can average down. GC moves very erratically. So it's hard to time exactly. I can add up to 10 lots to equal 1 GC. So I can get a better average price. Then wait for it to rip back up.

So I got out of MGC. $106. haha. Rounding error in terms of profits. It was much higher earlier but I was managing other positions and wasn't paying attention to it. Then I realized it pulled back so much then got back. Still profitable. Next time I will probably swing bigger sizes. Maybe 3-5...

I would totally welcome a full onset of a mega bear market! That means volatility will be high! That would be a dream come true for traders! Wild intraday swings of hundreds of points or even a thousand points drop or rally. Traders thrive on volatility. Investors thrive on low steady gains.

haha. I stopped trading GC for days now. But yes, MGC is very relaxed to trade. I can average down without getting wiped out. Should have added more! 2 lot is a joke.

I bought 2 lot of MGC this morning! still holding them. Happy now?! :)

haha. I saw MGC. I avoided GC today. I missed some good moves and I'm OK with that. As long as I can consistently crank out profits with NG, YM/NQ then I'm fine. Eventually I'll add MGC to the mix. The reason I'm hesitant is because I need to get comfortable with an instrument before trading...

I totally get what you are saying. Thanks for the advice. I know no one including myself will ever get the max MFE on every trade or even on most trades. That's NOT my point. What I'm trying to say is that these trades are from well defined set-ups with edge. To get out before the pattern...

ROFL!

I bought the dip twice today and made money. I should have held longer before flipping it out. At the very extremes when people are indiscriminately selling right and left. It's not perfect timing. But I got my timing down to 2 bars from the bottom of the move. But 2 bars can still be a scary...

I really need to learn how to stick with trends. I'm leaving a LOT of money on the table. I'm happy with my current results but they are way WAY suboptimal. Great entries but exits too soon.

heck yea! Made more money on YM and QQQ call options! Missed out on NG push. I'm still learning not to be afraid of heights. When it gets higher and higher I'm afraid to chase it and get a nasty pullback. So, I let that one go. There are plenty of fishes in the water. Tons of opportunities...

Actually made money in NQ and YM! But scary as hell. I was 2 minutes early on timing that first pullback. So I held on and got out at a slight profit. And like clockwork made money on NG again! But I could have made MASSIVELY more had I held longer or got in earlier. I knew it was going up too...

Or I will just watch and observe. And only trade NG and NQ. hehe

In analyzing my trades in GC vs NG and NQ, I think GC behaves quite differently. Or at least I'm not as familiar with these patterns and actions. In theory, it's all the same price actions. But the behavior is quite different. no wonder I've been struggling with it vs the other well known...

were you mostly short then? I wished I had held on my short. I got shaken out. So I ended up going long on the reversals.

Today I played GC very conservatively. Made a rounding error. Most of profits came from NG and NQ today. Would have been up hugely if I didn't get whipsawed in NQ in the morning. But I'm grateful I was able to catch a 37 points reversal and a few other smaller reversals in the afternoon to be...

Thanks goodness IB let me out at a slight profit. It has since moved further down.. lol