Your damned if you do and your damned if you don't. Try posting sim trades in ET and see what happens...
Stuck Limit Up?
- Thread starter trader99
- Start date
I just came back from a non-trading meeting. I have other stuff I have to attend to besides trading. lol. I missed a HUGE run on NG. That would have been my $4K right there. Oh well. There's always tomorrow.
So I scalped with the little time that's left. I'm back in the green for the day!
Last night I thought I would be totally blown into pieces with another limit up today. Took the loss at the open of $700. Could have been more patient and exit at a profit.
Climbed all the way back positive. Not much but it's a green day. Helps my daily stats. haha. Despite yesterday's loss in HE, I was net net down only $85 and change. I should have scalped my way back to positive so that I can have good stats. Need to keep up that 70%-80% positive days.
Plus with my other longer term stuff, my MTM P&L for this particular account is at new highs. Not bad considering I imagined the worse last night and took 2 big losses on HE.
Per your insecurity comment, good leaders build others up while mediocre men tear them down.
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Seriously? Good leaders can also be wrong many times. Case example off the top of my head. Who said Hitler was a good guy and supported him while everyone else was setting off alarm. India's Mahatma Gandhi. I think he also had a sex addition and sexually harassed a bunch of women. Mother Teresa forced abortions in her hospital.
I think you're in your 40's but you're kind of naive.
My comment was not that good leaders are SAINTS. Their personal behaviors are often not as good as their public behaviors. Everyone has personal demons, addictions, and vices. No one expects our greatest leaders to be SAINTS. I'm talking about leadership styles not personal vices.
If you thought that then it's a misinterpretation of my meaning. In good management practice, "servant leadership" is about helping your people grow and develop. Not tear them down.
That was my point. Of course, there are many types of leadership styles that one can attribute good and bad.
I haven't seen many good leaderships that is practiced. I know about servant leadership. I worked for an organization where that was even in their worker's manual. However, it wasn't really practiced much.
Maybe in the distant past there might have been good leaders. But doesn't seem to be the case today. The world is corrupt.
Agreed. Corporate America is a joke. Treacherous. Backstabbing. Lying. Cheating. Political games. Incompetent managers abound.
I believe it's more important to act and behave in ideal behaviors(not that one can always achieve it). Be civilized. Be kind. Be good. Who cares if the entire world is shit.
You should be the change that you want to see in the world. I think that quote is from Gandhi.
It's like a "social virus" if you think about it and it spreads between people. Most people aren't even aware of it. I'm talking about mental illness.
I disagree. It's important to be aware that the world is becoming shit. Then you can form a defense against it. Otherwise you can become infected.
CannonTrading_Ilan
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Lean hogs offer some interesting spread opportunities ( and risks) between the different months as well as spreading versus the live cattle and last but not least, options are liquid enough for either spreads or to use in conjunction with the futures.
Congrats on getting out with small loss, in the 80's when I knew more than broker assigned to me, I lost $105k on three lock limit days in the Beans, back then pit traded/robbed, took me months to run account up, then after make another run to bank for a loan to cover $5k losses, LOL. It funny now, but back then I stopped trading for several months. Stops didn't work when nothing is traded. And now, if I can't get into the hedges first, I don't do the underlying. Actually been buying Hogs since 2016 on deep plunges down, closer to lows then highs of past 9 years. Usually some decent spreads to get into than outrights.
I always do one lots on new markets, get the hang of it well and always use stops on longer term futures till you get to breakeven, know beforehand where markets will hit limits, don't want stops anywhere near them as you seldom get filled.
Good luck.