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)
CL showing weakness right at the start of this week. What to do? No set up for me either for long or short yet.
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.
Looking forward to trading Brazlian ETF today. Elections outcome on Sunday is not what market was looking for and everything in Brazial got hammered and will continue to get hammered till something changes. No longs just will be looking for shorts today and for rest of the week etc. unless something significant for bulls comes along.
" Ibovespa Falls 6.1 % in First Trading Day After Rousseff Win"
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.
I stayed up late almost to London Open ...baby sitting a Trade on CL, could not keep my eyes open or chat any longer
so i placed a Stop far enough above, or was trying to be technical with it, and Target,,,and went to bed for 3 hours.
just wanted to post the Trade...it was only 29 Ticks...as i placed the Target just before yesterdays Low...wanted to make sure it hit.
and as i am typing i have missed another Short..
Ignored RULE # 1 in NG and got reminded RULES OF THE GAME. Luckily, i knew i was ignoring RULE #1 so was cautious and thus no damage . This is how i test set ups and get confidence either by being proven wrong again and again or proven right again and again. This again and again excerise becomes uniquely yours and becomes a traders edge.
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.
" German Ifo Business Confidence Drops for Sixth Month" plus run up of US indicies of last week- is there a high probability of some pullback? One has to try to find out.
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.
" Which of the traders within you will have contol of your trading on Monday, Tuesday etc. "
I want this trader to be in CONTROL everyday for me.
1) Trade way below trading limit. Truly understand the impact of leverage for every set up.
2) Hold a trade till the context, evidence changes.
3) Do not imagine things- support here etc without evidence.
4) Do not be scared if trading within the trend that as an example Crude will reverse and take away all the gains. When CL, TF , NQ does reverse- it will be pretty obvious. It will not be hidden.
and many, many more wishes but these 4 ones are important.
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.
No longs in CL. Covered short around 79.85. Looking for shorts or longs around 80 to ORL area on pullbacks.
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.