Day Trading Crude without indicators.

Quote from HurricaneUS:

Zen, if you don't mind me asking...what system/method are you using for trading crude oil?

humor me....I'm listening....

You're being academic as if this is philosophy 101 but I'm being practical.
As I said....
the past is not indicative of the future when it comes to trading.

All trading systems ultimately fail....ALL

Whether you have ever traded successfully will dictate your response.

If you can successfully read the order book then you can also successfully read the entrails of goats.

hft spoofing and decimalization for stocks has ruined the game.

I did a BS in Mathematics.

this is wrong on soooo many levels..

1. you're basically saying you will "trade for food and room"

2. you could be setting yourself up to get robbed as how will you know who you're dealing with?

is it that tough out there...

fyi...i use firefox as my browser and there is a free reload app that auto reloads the thread for me

Stop spinning your wheels and Quit NOW!!!
will be the best decision you ever made...
I guarantee it...

Ooops.
Gordon it's showing "Loading Master Instruments"....which only happens when you reboot NinjaTrader....sorry dude but looks like you logged out of NT and rebooted NT just to show that screenshot...
just sayin..

You're over thinking it.....

Selling a course to make money and trying to sell a discretionary system that you believe works are entirely two different things.

I've seen system vendors who could sell frozen shit to an eskimo and it didn't matter one iota whether it worked.

OK...let's see....


You're going to leave a high-paying consulting job to start a high-risk startup with an unproven trading system....
Good luck with that..

And your point is....

My statement was in response to the OP's statement that he/she has limited capital to "pair trade" stocks.

Caveat: I only trade stocks.

Maybe stay away from highly leveraged markets like futures and forex...
More...

............................................

HurricaneUS,

not seeing a lot of constructive posting here.

all looks like " psycho babble and cheap rim shots " to me.

aka " the Zenmeister " and we all know how well that turned out.

this grease thread is not a " trade call service......"

retarded activities like that are positioned elsewhere in the loser section of ET.

trade calling is for those sheeple who like to be spoon fed from cradle to grave with shit for brains.
so shove off and head on over.
or crank up your own thread and lets see what you got.

what is a " stock tradin' pussy " like you even doing over in the grease pit with the men.

bottom line.

put up or shut up.

cheers,

s

:cool:
 
Quote from mfbreakout:

Oil pit close 02-08-2012. +179 ticks.
More...
Hi :) Nothing personal, and I'm reluctant to bring this up as I don't want to get into a back and forth, but on your chart here http://www.elitetrader.com/vb/attachment.php?s=&postid=3441361 you are saying you went long @98.09 and then long again @98.10. This doesn't seem right as the low of the day was 98.10 which it hit twice. So how could you go long @98.09? Also even if it was 98.10, to catch the exact low tick of the day twice seems unlikely. Also you're saying you don't want to be the first one to go long, but the definition of being the first one to go long is catching the exact low tick of the day and going long. Am I missing something?

I'll leave it at that and am not interested in getting into a back and forth. I probably won't comment more other than that. Good luck with your trading one way or the other.

ADD: Thanks for sharing the link to those videos as I'm always interested in the take of other traders on trading.
 
98.09 and 99.10 does not mean that's the price i initiated a trade.
I do not do a whole lot of scaling in and out but some times i do when i am not sure of tape reading, levels etc..

In those situations, price posted represent my average price- the price i see at my dome after scaling in and out.



Quote from BCE:



Hi :) Nothing personal, and I'm reluctant to bring this up as I don't want to get into a back and forth, but on your chart here http://www.elitetrader.com/vb/attachment.php?s=&postid=3441361 you are saying you went long @98.09 and then long again @98.10. This doesn't seem right as the low of the day was 98.10 which it hit twice. So how could you go long @98.09? Also even if it was 98.10, to catch the exact low tick of the day twice seems unlikely. Also you're saying you don't want to be the first one to go long, but the definition of being the first one to go long is catching the exact low tick of the day and going long. Am I missing something?

I'll leave it at that and am not interested in getting into a back and forth. I probably won't comment more other than that. Good luck with your trading one way or the other.

ADD: Thanks for sharing the link to those videos as I'm always interested in the take of other traders on trading.
More...
 
Quote from mfbreakout:

98.09 and 99.10 does not mean that's the price i initiated a trade.
I do not do a whole lot of scaling in and out but some times i do when i am not sure of tape reading, levels etc..

In those situations, price posted represent my average price- the price i see at my dome after scaling in and out.
More...

CORRECTION: Just went through my daily trading records and average price turned out to be 98.19 not 98.09.
 
02-09-2012 Trade based off yesterday 10.30 am sell spike.

1) Another set up can be if price breaks below 99.10 support and then come up for a short .

2) Or CL breaks above red candle high , pulls back and then go long.
 

Attachments

Quote from mfbreakout:

02-09-2012 Trade based off yesterday 10.30 am sell spike.

1) Another set up can be if price breaks below 99.10 support and then come up for a short .

2) Or CL breaks above red candle high , pulls back and then go long.
More...

Why i took the short besides 99.50 being a level?
 

Attachments

You must log in or register to reply here.
Back
Top