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If you are using a stop loss of 400 ticks and your average trade is 30-40 ticks from what I have seen from your screen shots then I hope for you that price never stops you out.
I have no interest in what it means to you and neither should you focus on what it means to me. You need to restart your old journal. From the last message you sent me, you are having great success with trading CL. There are lot of traders who can benefit from it.
" Hi mfbreakout,
I have been trading CL now for a couple of months now and with great success"
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Yes I have send you a question about the NQ vs TF, I´am looking for another market to trade beside the CL and sinds you trade different markets, I think I just had to ask you about it.
I made the question about the stop loss because there are people here on nexusfi.com (formerly BMT) that are following your concept of using large or no stops and that is just the worst thing you can do. I´am not worried about what you do but instead worried about the people (newbies) that are coming here and reading your B*LL S**T.
Someone that had a journal in the elite section and now is doing the same thing in the free section is just doing this whit one thing in his mind and that is trying to make free publicity so you can be a vendor in the future.
My main purpose in starting my blog was to hold myself accountable. I knew that by doing so my trading would improve, because I finally made the huge revelation that I (my brain) was holding back my own profitability for one simple reason. I wasn't …
Jsseng XX2 has a distinct honor of getting put on ignored list TWICE. He keeps coming back for more- whatever he is looking for.
He sent me e-mails last year asking some questions while totally ignoring the fact or acknowledging his half ass logic. I answered his emails and took him off ignore list after a year. He just can not get out of his own way. Asking BigMike that "Ignore Feature" should be banned and on and on.
He constantly goes around complaining that there is not a single journal at futures.io (formerly BMT) the way he wants it. BigMike told him to move on and start his own journal. Last time, i looked he had $3000 in his SIM trading account. I do not have courage to calculate ROR someone has to get to trade full time and make a living. Trading to get extra income is good with this kind of account size but to make a living- No and No.
I just try to get 25-30% per year- if lucky.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Why i have not taken a short in CC and neither have an interest in doing so. Longs and longs.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
A fellow trader who trades with a relatively small trading account size had told me couple of times that it's much easier to swing trade Vs day trading especially with small equity account. I will look at stop loss required to swing trade and just could not grasp the concept. BigMike has talked about it extensively. At least in my experience, stop loss for swing trading is relatively small vs day trading. In day trading one has to avoid THE NOISE and lot of RANDOMNESS.
PL, CC,KC, ZW etc have no volume to go by. They consolidates for weeks and then trend in one direction for weeks. One just have to wait for weeks sometimes to get the set up. Not good approach for traders who need excitement and stimulation of day trading.
I decided to swing trades these and i am surprised to say the least.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.