You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
CL Redux
- Thread starter schizo
- Start date
Monday, Tuesday and Wednesday so far ( as of 9.17 eastern time ) shorts and shorts.
Covered most cars around 102.76.
Tight ranges plus long hold time is making it tough. I target minmimum of 40 ticks
to avoid noise for majority of position and let the rest take me out or till i get maxium
of daily range on the rest.
Covered most cars around 102.76.
Tight ranges plus long hold time is making it tough. I target minmimum of 40 ticks
to avoid noise for majority of position and let the rest take me out or till i get maxium
of daily range on the rest.
l 102.86
stop 102.56
stopped.
Monday, Tuesday and Wednesday so far ( as of 9.17 eastern time ) shorts and shorts.
Covered most cars around 102.76.
Tight ranges plus long hold time is making it tough. I target minmimum of 40 ticks
to avoid noise for majority of position and let the rest take me out or till i get maxium
of daily range on the rest.
Out flat 102.58 in front of DOE report drama. I like No Doji Rule/observation as to
how CL behaves on DOE report days.
Got caught on shorts from yesterday into the close 103.45, held overnight, added to
short at NY open today ( wrong move) with wrong position size. Had to fight way out of
by adding shorts around 104 etc.
well done, that bastard spike to 104 stopped me out of a good move...was looking for 102-103
well done, that bastard spike to 104 stopped me out of a good move...was looking for 102-103
Yep that blast from 103.90 to 104.20 area was with some FORCE. When force does
not have a follow through- shorts in order. I was about to close short thinking CL
may rip another 50-100 ticks. Decided to wait little and when no follow through-
decided to hold. Due to lack of follow through, decided to reshort 103.45 into close
yesterday and hold overnight.
102 finally got hit. It's a no mans territory for me now. Not sure if CL was being
accumulated all day today or being distributed on any kind of bounce.
I do not believe in forecasting beyond intra day range and therfore flat.
Final trade for trollers who scratch----- all day. Never have communicated with them
and never will .
I use ignore tab but they do not want to use it. I gueess they enjoy useless posts. Such
is the depth of their existence.
and never will .
I use ignore tab but they do not want to use it. I gueess they enjoy useless posts. Such
is the depth of their existence.
I have known couple of traders who follow something like following
" s0mmi
Join Date: Apr 2013
Posts: 115
The top 3 guys who make more than 1 million a year at firm, have the following traits about their style of execution and strategy:
1. They don't have a real 'stop' in terms of dollars. They have one, in the back of their mind, which is equal to a good portion of what they leave in my prop firms bank account, but there's no way they will EVER enter a trade and go "Ahhh if I am 5 ticks offside here I'm down 100k and I exit."
In fact every single one of them have a time stop utilized way more than a dollar stop.
2. Averaging is extremely necessary. All 3 of them collect. How you do it, is completely up to you... your own 'stye' of collection. But they are definitely not in/out click-n-go guys
3. Their time frames utilize the entire session of the day most of the time. They are not about the bid/offer garbage little game which is ever-more-so saturated with bots and algorithms today
" s0mmi
Join Date: Apr 2013
Posts: 115
The top 3 guys who make more than 1 million a year at firm, have the following traits about their style of execution and strategy:
1. They don't have a real 'stop' in terms of dollars. They have one, in the back of their mind, which is equal to a good portion of what they leave in my prop firms bank account, but there's no way they will EVER enter a trade and go "Ahhh if I am 5 ticks offside here I'm down 100k and I exit."
In fact every single one of them have a time stop utilized way more than a dollar stop.
2. Averaging is extremely necessary. All 3 of them collect. How you do it, is completely up to you... your own 'stye' of collection. But they are definitely not in/out click-n-go guys
3. Their time frames utilize the entire session of the day most of the time. They are not about the bid/offer garbage little game which is ever-more-so saturated with bots and algorithms today
I sold all my bearish straddles today since (102.80 was my target) for a fraction of what I would have made if I just went short since IVhasn't done shit. I wanted to get long at 101.70 so that kind of sucks that I wasn't paying attention. So now I just wait for the next setup.
Reminder: This is a LIVE CALL thread.
Respect the OP
There's a million other 'hindsight/after-the-event' threads to post on/
Respect the OP
There's a million other 'hindsight/after-the-event' threads to post on/