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  1. Z

    Money management - the holy grail

    Very cool BCE, Thank you for sharing your thoughts. See folks not every trader is an asshole that just wants to drive up the price of gas lol. Robinhood is a great thing. OILfxpro, MM, yes it's great, but you need positive expectancy on top of commish and slippage. MM is just...
  2. Z

    CL Redux

    :cool:
  3. Z

    averaging down and pyramiding; a problem which i can't figure out....

    Just figure out your max loss % of total capital on any one trade and plan your scaling accordingly so your uncle point or adds are properly sized and placed. I've never been a fan of avg down because of personal preference. I will avg up once in a while if I've already surpassed my minimum...
  4. Z

    What`s really going on on the battlefield

    What's really going on on the battlefield.... Buying Selling Finding liquidity Deception
  5. Z

    Trend following traders's club in LA and Orange County

    I read a very interesting piece about "fred" a while back , probably the best description of what ego is all about and all of the facets that go unnoticed by so many on the subject.
  6. Z

    Money management - the holy grail

    lol Trading can be used as a means to do more good in your life than than with almost any other profession . Assuming success of course. PTJ is an inspiration to me in respect to philanthropy. Bill Gates also. The purpose of trading for me is to get as rich as I can to help more...
  7. Z

    CL Redux

    Euro look like it could puke too. 1 hr Timeframe. H&S
  8. Z

    CL Redux

    Would like to see 104.50 Double Top, Divg, Long shadows, looks like its running on fumes from a purely technical basis.
  9. Z

    Advice for noob on asset management

    Buy ammo, whiskey, silver, gold, corn,oil,wheat,soy,cattle,hogs, , Shit buy some class 5 rock while your at it. Welcome to Minnesota son.
  10. Z

    Advice for noob on asset management

    Now imagine inflation higher than 3%
  11. Z

    Eurozone Seals 2nd Greek Bailout Worth €130 Billion, keep the bailouts coming!!!!

    Long Lumber Futures The whole world likes paper :)
  12. Z

    Benefits/Drawbacks to trading through an LLC?

    Yeah I suppose, So it looks like as far as protecting my Liability to the broker; trading with an llc isn't of much help. Keeping risk and leverage in check at all times is all anyone can do. just hope that the perceived "closed positions" you have weren't left wide open due to broker...
  13. Z

    Benefits/Drawbacks to trading through an LLC?

    If "Dorman Trading LLC" can Protect their own Ass With LLC structure why can't I protect Mine? Found in risk disclosure statement on their corporate account application. "4. Limitation of Liability Exchanges offering an electronic trading or order routing system and/or listing the...
  14. Z

    Trading Assistants $8,000 a year

    I'll do it for $7500 :)
  15. Z

    The S&p Has Topped

    I shorted 2 separate times 1290-1300 area on Jan 12-15 and said I would only attempt to do that twice, which I did since I don't do position trading on longer time frames often. Both trades failed. Now that ES is 70 pts higher, Folding and leaving the table is sometimes a good feeling too.
  16. Z

    Benefits/Drawbacks to trading through an LLC?

    I have a question on the subject of LLC Lets say I want to protect from black swan event or broker error . I just read a story the other day on ET about a very screw options deal that happened where the guy was on the hook for way more than his 800 dollar account because of a broker...
  17. Z

    CL Redux

    I'm a simple guy so I think in simple terms. When oil was $140 last circus ride we didn't have , Tarp, Twist, Zirp, chirp skip and chop from Obama ,bernanke yet. What will the next high spike in oil be with all this new money since 09? Then on the other hand, How long can an economny in...
  18. Z

    CL Redux

    "On Sunday, its oil ministry went a step further, announcing Iran has now stopped selling oil to France and Britain altogether - a powerful yet largely symbolic message since neither European nation relies on Iranian crude imports." lol...
  19. Z

    Why do 5% of Traders Win?

    I have traded methods where I wait for setups all day and I have traded "always in" strategies. How many of the 95% trade "always in" reversing trades sequentially through the whole RTH session in a market like natty gas or oil grabbing volatility? I would guess not many. How many of the...
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