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Posts by
Chikot
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"Just Oil"
in
Experienced Traders
Aug 16, 2011 at 16:50
Had good long trade for about 60 pips on demo. Demo doing well too. I want to try to double it. so far 47% up.Obviously leverage is high but stops are in place.<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/3/oilt.png/'><img src='http://img3.imageshack.us/img3/4605/oilt.png' border='0'/></a>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>this is one of my accounts I started trading at the end of February.
"Just Oil"
in
Experienced Traders
Aug 16, 2011 at 13:55
The most important in trading I believe is patience and self control. It is always necessary to have plan B which I did when went short. Thankfully there was strong signal and momentum reversal, otherwise I would have to wait for second opportunity and as I see now so far nothing as candles are too big again.
"Just Oil"
in
Experienced Traders
Aug 16, 2011 at 13:17
0.32% up. the day is done. shorted first but got stopped. reversed and traded back plus added some.
"Just Oil"
in
Experienced Traders
Aug 16, 2011 at 12:34
Very choppy slow market. i am waiting.
Delusions Grandiose !!
in
Trading Systems
Aug 16, 2011 at 01:37
I would say it is about trading well and controlling oneself. Money is an afterthought.
Delusions Grandiose !!
in
Trading Systems
Aug 16, 2011 at 01:34
Zero, 8 trading years but you are still a fool. You won't make it but sure your account will leave nice hole, like this:<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/823/7461d.jpg/'><img src='http://img823.imageshack.us/img823/5521/7461d.jpg' border='0'/></a>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 17:42
Yes, I agree. Mondays suck and Fridays is a special day. I do not trade Fridays at all and I have no much expectations for Mondays. But today we had super Monday. It is probably one of the best tradable days of the month.
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 14:08
still there might be some opportunities later.<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/577/eurusdo.gif/'><img src='http://img577.imageshack.us/img577/1470/eurusdo.gif' border='0'/></a>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 14:06
Yep, it's too late for now. it is approaching trend line now.
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 14:01
Oh man, E/U burning!
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 13:59
Considering what I wrote about fat tails, some guys who trade with no stops and short trends might find themselves in deep dodo if this thing really breaks above that trend line.
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 13:57
I get it. You probably waiting for some kind of pull back or retracement to enter, right? E/U is pretty much going straight up.
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 13:55
Yep 😉Considering that China is number one car manufacture now and number one buyer of cars I doubt we ever see $20-30 oil. Safe really huge economic dislocation.My opinion is it is pretty stupid to waste such a valuable resource as oil to let 1-2 tons of metal drive around.
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 13:47
I continued trading one of my previous demos for practice purposes. It's been a murder. 32% up since Friday. Made a ton of pips today. Big leverage but good execution. 240 pips today on demo. about 280 with live. 3 winners 1 loser.I want to double this demo. currently 42% up. Today is a great day to trade. Extreme volatility with huge candles gone and there were few nice opportunities both on long and short side. I could have traded live but my goal is steady safe results plus I made decision if I win first trade of the day, I stop trading live and move to demo to keep practice same thing....
A Honest journal
in
Experienced Traders
Aug 15, 2011 at 13:18
You must be long my friend no doubt 😄It looks like that daily trend line gonna be tested again.
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 10:31
I will continue practicing with demo.
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 10:30
Kudos for patience.
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 10:24
0.3% up. day is done. Nice trade. went 3 time further but I did not want to test trend line and support with this. could have closed half but I was in with minimum size. after I improve hit rate will increase size and will be able to make partial closes again.
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 10:24
Good luck with your studies!
"Just Oil"
in
Experienced Traders
Aug 15, 2011 at 07:32
Only when Mongols invade China again 😁
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