Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Well all the same, thank you for your response Gary. XP is an excellent OS by the way. Unfortunately the life cycle is just about over, and I think about a year from now MS will officially stop supporting it, meaning that there will be no security fixes, etc., so it will soon become a sitting duck and therefore will not be used any longer. If not for the internet, it could be used forever, but alas... But the good news is that Win7 still has at least 6 or 7 years of support left, so it will continue to be a strong OS, long after Win8 has totally flopped and gone to the hall of shame along with Vista, ME, and the rest.
My data service experimentation is limited to; Scottrade (we all start somewhere), Tradestation, Trading Technologies, and Zen-Fire. Listed in performance from worst to best for me.
Trying to teach that adult male squirrel the concept of risk versus reward, I bought a big bag of assorted nuts for him yesterday, but the catch is, he has to come right up to the opening to get them, and I say something to him every time as well. He is getting better.
Net 130. I got bored and gave back 8. Even though I was going for 2.5x1, it was a crappy trade.
@DarkPoolTrading was kind enough to do the hard work on writing why WE trade.
1) Although I'm a friendly enough person, I'm not an extroverted people person. Some people thrive on human interaction. Not me.
2) I thrive on research, statistics, burying my head in a task. More than anything, I thrive on tasks that I do because I see the value in them and because they impact me directly.
3) Trading allows me to be true to my personality and strengths. It gives me the freedom (and solitude) required to learn more about myself and how I view the world. It allows me to take my career in which ever direction I want.
4) I have found myself being a better husband, and person in general. I now have time to read books on motivation, psychology and history and am finding my view of the world maturing as a result.
5) Trading for me is not about getting rich. Trading allows me to live a life more suited to who I am. The more I do this, the more I see how important it is for people to do what they're passionate about in life.
Bored tonight. Surfing futures.io (formerly BMT), answering questions that were unanswered, pissing off new traders, trying to sell my mountain bike and get some free chickens...
I think I recently discovered the magic ingredient I was missing. I have known, or at least suspected, for a long tme that psychology was then most important element. And I saw in myself that dealing with uncertainty was a strange thing. But it has been coming together for me recently. Some because of everthing I have gone through.
More and more, I find myself trading with not only no fear, but very strong underlying confidence. Not exactly confidence in that particular trade, but in trading in general. And "no fear" does not have anything to do with not knowing that there is risk. But seeing that risk as no different than any other. I wear my seatbelt every time. I eat healthy. Neither guarantess anything. I started and ran several businesses, none of which came with a paycheck or benefits that I did not have to create myself.
And I wake up every single morning looking forward to seeing what CL will do today.
CNBC - "...Libya's Marsa El Hariga terminal has been shut for over 20 days, its operator said on Monday, while a worker said Zueitina, a second oil terminal, had also closed because of protests two days earlier. "
Sudan is not that big of a deal now, but this might become something.
95.70ish is the preferred price du jour. But not for much longer. It seems Friday's move had a mix of lot of short covering and a little bit of conviction. If I knew what that recipe made I would be a genius. My plan is to see what the majority thinks.
Is that it? A question wave traders ask on a regular basis... lol!
I am very tired this morning, had 5 beers last night and stayed up late. Then got up around 6:30am this morning. I'll need to monitor myself closely today and step away for a few minutes after a loss. Melissa's dad is not doing well, and Father's Day is coming up, and we were up between talking and her doing her own thing as I stayed out of the way...
From a profile view, price has come all the way back to the area where it changed it's opinion of value on Friday (which I suspected was more a short squeeze than anything at first, just the way it raced through C). There are a couple minor ledges, and of course the start of C may hold significance.
On a higher profile view, the yellow ellipse was yesterday morning's trade location, price so far has found another interesting area.
I have yet to check any news, had several phone calls this morning and not moving at full speed yet.