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Thanks for your quick & informative reply... so all the high frequency trading is creating all this but why not with other mkts.... why crude & natural gas..... I dont wanna go too deep in this I really appreciate your reply it kinda clears out the cloud I had in my mind....
By the way my CL #'s are just doing well again like everyday... I hope everyone saw green today....
Thanks Grid king for answering my question...
Bugs
Can you help answer these questions from other members on NexusFi?
Yeah, it comes down to whatever makes you money....At one time or another I've experimented with various things and in the end they only really served to confuse me..call me simple
kbit i would have to admit with you... simple is the best way.. too many things just confuse you... plus it all comes down to what one is comfortable with... I see you have winning capabilities in you.. just simplicity & consistency are the two words that go with your trading style.. keep up the profitable work... No one ever gets sick of too much $$$$... I personally believe whatever pays the bills & helps me save for my kids should be enough through trading.....
Just have to be consistent/focused everyday... $$$$$ will come itself.....
I know you did well today... but please dont feel you have to post back if you dont have the time... take your time dont feel like fine.. but communication is the key... i just dont wanna get the feeling im posting #'s to an empty journal... I think everyone would feel the same way..
my guess is three reasons, 1 it's more profitable , 2 maybe more amateurs have entered those markets and it's more profitable (easier to move?), 3 it's more profitable
wonder why im seeing mostly all mkts respect my levels & are not off by much.. but CL seems to be so rapid till breaks or accleration is applied my #'s get a run up/down..
Maybe I should watch CL a bit more before i decide to trade it... I like quick profits from the CL but I need to know & understand it before trading it... Advisory for all reading please use caution using another mkt than you usually trade.. some ppl start trading certain mkts just by reading threads or comments all over the net & risktheir precious capital on something they dont know much about... so for those please watch & understand a mkt before you will trade it....
Please dont change your trading style... if you are successful please stick with your plan... dont ever try to follow someones trading style it wont work... use tools in your trding style like we use certain indicators but dont copy someone it will never work... be consistent trying to make $$$$ not the other way trying to achieve a trading style of someone else's... All this is not directed to you mailonline38.. Im just talking in General... cause a lot of readers just read & believe... Success is within you,,, its yours to discover.... NO one can extract that from you.. EXCEPT YOU...we ourselves need to be successful step by step.. its the most difficult thing to achieve but it really feels nice when rightly done so.... nothing is done overnight.. & if someone has achieved it overnight he/she will never respect it & lose it.. slow the pace down & be consistent...confidence will come automatically..... A confident trader is a successful trader....
If you are trading fulltime consider this your business & when this is your business start giving it some time... dont try to find indicators to get the edge over others.. Start reading a chart @ the end of everyday see what the mkt did..how it reacted what kind of range a mkt really operates within.. have a proper stop loss... save your capital.. these are all just basic things but we tend to forget them in our daily trading.....
I could go on & on but all you guys already know this stuff..... I just felt like saying it too...
Bugs, I got a little over confident today and started to greed trade then that turned into revenge trading.
But oh well, I was up this morning then gave it all back plus some.
Bad day. Not with your numbers but with evaluation of my direction indicators and discipline.
Still have a lot of ticks left over from yesterday. I know tomorrow I will do much better and be up for the week.
This will be one of my biggest weeks in quite some time, even with the loss today, which wasn't much compared to yesterday. At least I had the discipline to stop with out much damage. But a loss is a loss.