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te_fern Futures Trader 71 said Sit On Your Hands this morning for a trading strategy!
His style is to get in at around 100 to 120 contracts then gradually reduce at each potential turn until he is left with a small runner.
He said for the last two weeks he has been trading 1/6th his normal size because this market is so difficult to read.
His comments made me feel better about my personal performance recently, good to know you aren't broken, your just running uphill in mud with this market.
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Trades with cats wrote:te_fern Futures Trader 71 said Sit On Your Hands this morning for a trading strategy!
His style is to get in at around 100 to 120 contracts then gradually reduce at each potential turn until he is left with a small runner.
He said for the last two weeks he has been trading 1/6th his normal size because this market is so difficult to read.
His comments made me feel better about my personal performance recently, good to know you aren't broken, your just running uphill in mud with this market.
Very interesting. I wish I had the capital to trade a large enough size to exit in small amounts (commissions would eat me up). Hopefully one day. I have listened to Futures Trader a time or two and he is very informative. Need to make it a habit....
We are now into the middle of the overnight Asian session and yesterday afternoon's New York trading, so we will see how many will this area again. This is looking like a repeat of yesterdays 12:00 spike up, same place on the chart, same big green candle.
Just buy a seat on the exchange for half a million or what ever they are going for, it cuts your trading costs in half. And you don't have to take any of those exams because you are trading your own money. Then you can add it to your internet signature, Member XXX Exchange along with the picture of yourself in the Italian super car