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Guys here like Lescor and RedInk and others have openly stated they struggled for years and years before finally putting all the pieces together for themselves. Whereupon they made six and/or seven figures yearly afterwards. There is zero shame in trying this profession and moving on to...

Is that the type of colorful you mean? The unfamiliar shade to all of the grumbling losers here would be what we call "green" Anyone who decides to figure out how it's really done and works hard enough to make that happen, can damn sure do it themselves.

As usual, wrong ass u mption in ET Do you know this man? He can easily buy, sell and burn every individual trader who ever registered in the whole history of this entire website since day one launched, all combined. He resides in a converted double-wide mobile home to this very day.

my sole message here to anyone who will listen is this: trying to time turns = catch reversals is a loser's game, 100% of the time get good at follow the market's own bias... in the direction YOUR market tells you AHEAD OF TIME where it wants to go then sit back, do the hard thing and...

How about in real-time? Like today? And again tomorrow, too?

It's the simple act of following price up with longs, following price down with shorts, eschew the failed folly of trying to time turns by fading price, etc. Forget about what should be and merely follow what is. Hold for measured gains where the market itself tells you it wants to go...

I commonly get "positive" slippage in CL or 6E and once in awhile TF by one tick... never more. All three commonly slip "negative" against by several ticks. I don't recall ever having the ES fill at better than expected price on a stop, and very rarely slips against. So that pretty much...

I would never consider for one moment any futures broker that doesn't offer at the most $500 intraday margin eminis / $1,000 intraday margin CL and 6E. Any broker whose risk management software cannot handle that type of structure is not even on the playing field in today's competitive world...

CL commonly fills at +1 tick better than prestaged... but more commonly slips -2 to -20 cents on stops. Both are due to 100-block or 200-block orders hitting the tape during lulls and into news reactions. The bonus flls are nice, but over time you will lose much more to negative slippage than...

1-lot long ahead of news: trailed to +1 cent from entry stop, slipped out at -14 cents from entry into news release. Long & short four-lots from there, -20 cents per contract / -$800 on top of prior -$140 stop Short 4-lot from 101.85 > stop 101.35 => out 101.36 ** As planned, as...

-130 cents from long to short and +200 cents short to out = +70 cents net on two turns. Nothing wrong with that math, at all. Few times per month = solid career results :)

Sometime between 10:32am est and the close of trading, CL should offer a +100 cent (or greater) trade. That didn't happen last week... price went dead past the inventory news. Seeking that trade all the way today, from 10:32am once the ripsaws settle until it unfolds or the session ends...

Most CL traders migrate from stocks or stock-index futures to commodity markets (first & foremost CL) because stock market action is dull and flat. But they bring with them their impression of what stock markets are like into the CL. In other words, they think that fading "extended" moves...

One of two died. CL posted a $3,500 per contract range yesterday... and consistently offers trade swings of +40 cents to +100 cents most every session. Whenever you have guys trading via the, "I think it's going up because..." or "I'm holding short into the 500-cent rally because news is...

crude-oil futures. same today as they were ten years ago. or better end of story

I was one of the early candidates listed in this infantile thread, and didn't mind the exposure one bit. It's an absolute fact that the silent majority of readers here are normal, mentally stable, intelligent people who can rationally think for themselves. They see a bunch of posts here and...

Technical analysis works forever and works like crazy, based on law of large numbers distribution. If a certain price pattern works profitably 65 out of 100 times, you can take all 100 similar trades and arrive at predictable results when average losses are smaller than average wins. Very...

With all due respect, you've been in this site half the time as me with twice as many posts and rising. I spent my time invested in discretional trading instead of posting about hypotheticals and systems and revamped systems. If you know where to find me, you can see where I walk the talk...

Amen, absolutely, post of the year 2012 that cannot be topped Successful trading is nothing more than a job where day after day, week after month you repeat the uber-simple steps necessary to prevail. It has nothing to do with knowing market direction, predicting market direction...

Bullshit. Just the usual message-board drivel from guys who are myopic over "trading" being synonymous with "stocks" and no other financial markets even exist. Stock market trading for individuals may very well die a withering death. But any skilled trader in firm control of his emotions...