CL Redux

[mfbreakout]

still holding runner on short from 101.93? Why - because i have not seen any buyers

yet. Was waiting for CL to bounce around 101.70 area to add to short but no go plus lunch chop zone time was a factor for not adding to short.

Out flat 100.76. No longs yet. Waiting for buyers to show up or sellers to dry up.

 

[mfbreakout]

Out flat 100.76. No longs yet. Waiting for buyers to show up or sellers to dry up.

No longs for me. On an A down day especially when trend for the week etc is down-

to take a counter trend trade and try long, i need a flush down and then complete

reversal of it. Flush down with complete revesal never came and thus no longs.

Shorted again at 100.99 ( small position size), covered @ 100.54 , held runner for

another 5 minutes and out flat 100.61.

 

[NoDoji]

Every time i listen to Al Brooks, i get a headache but lot of other things give headache with no benefits.

This made my day!

Back in 2009 when I first started reading Brooks I posted this in my journal:

"If you're a beginner, you may as well just place the book under your pillow at night because you'll get as much out of it that way with less stress ;-)"

 

[mfbreakout]

This made my day!

Back in 2009 when I first started reading Brooks I posted this in my journal:

"If you're a beginner, you may as well just place the book under your pillow at night because you'll get as much out of it that way with less stress ;-)"

Luckily I landed with Mark Fisher book first and then Al Brooks after reading couple

of your posts. If i had landed with Brooks books first- may have given up on trading.

NOTE: Just in case before one rushes to buy Mark book etc. According to Mark, he tried to teach his ACD method to around 1,000 traders, 1/2 of them slept through the class ( had no business of

being a trader) , out of rest only 100 became sucessful and ONLY a handful worthy off joining his firm. Even though Mark himself is a graduate of Wharton Business School, he prefers traders with

common sense vs the ones with fancy degrees.

Now his firm also have a black box trading department filled with programmers etc.

 

[Vas62]

Some traders ONLY take joy when they see some lossess. No one likes to see just gains.

Your loses or theirs ?
If theirs it's some case of sadomasochism, if it's you'rs you somehow got under their skin. LOL

 

[Builder17]

nice job bears.

long 100.75
stop 100.45

stopped out

 

[mfbreakout]

Your loses or theirs ?
If theirs it's some case of sadomasochism, if it's you'rs you somehow got under their skin. LOL

In the internet jungle we have all kinds of characters with names like Ding Dong to

Baby Powder and everything in between. They want entires, they want stop loss, they

want trades called ahead of time, they want to see every trade and on and on without

realizing my risk profile, account equity size etc. is totally different.

While they been trying to risk 10 ticks to make 30 ticks for years, then get a reaction

which is unique in it's own right when they see someone else doing well.

When i say get properly funded ( anything north of 200K) is a good starting point

they move on and do what they been doing for years- troll around.

I just share some of the trades to keep them scratching their ---------.

 

[pinkman]

stopped out

At least you're following the rules. kudos

Thread seems to have gone to $hit in the last few days

Do post trades in Real time, including entries and exits (stops are optional*).

Do post charts, whenever possible, for visual analysis.

• 
  UPDATE 1
  
  7a) Opening Trades:
  From now on, all opening trades MUST be posted in realtime. No exception.
  
  7b) Closing Trades:
  Likewise, it is advisable that all closing trades be posted in realtime with one exception:
  

 

[Visaria]

schizo has abandoned the thread, tbf. when's the last time he posted here?

 

[Brianharvey]

Shorted again at 101 for anotehr +50