I am really getting a lot out of this thread as it appears that we have exactly the same issues. Or more exactly i still have the issues you had.
i have been trying to record my trading sessions for exactly the same reasons but the files are really large. i use Camstudio. Do you or anyone recommend something different?
Thanks for your work in this thread, i know you almost gave up on it but it does help some of us!
The following user says Thank You to trvlntrdr for this post:
I like a program called Screen Movie Studio. I have had it for a while because it works quite well and is pretty simple to use. I don't care for the built in codecs because they do seem to create big files..so I downloaded a codec called Xvid MPEG-4. It creates smaller files. Also, I save everything to an external drive so as not to use up disc space on my P.C. I've got a nice little 465 Gig Seagate expansion drive for about $50 . A 3 hour video takes up about 700 MB..so the drive can hold many, many videos.
Failure is not an option
The following user says Thank You to lancelottrader for this post:
Im glad i asked, i get a 1 gb file for less than 1 minute video. i have some room in my external hard drive but not enough to get 1 days worth of video. i will see about shrinking the files. thanks for the info
The last couple of weeks, I have had good results from trading a few other instruments..rather than exclusively Cl. It took me a while to arrange my chart setups on my monitors..so that I could view things properly.
The instruments I am now watching simultaneously are Cl, NQ and GC. NQ and GC are being traded on SIM for now.
The advantages for me are that I can now wait for the absolute best setups in terms of volatility and price action. Some days..Oil is the "Star" of the day and I focus on that mainly. Other days it is NQ. Today Gold made some amazing moves.. which I caught several of. Somedays, there are great opportunities on all three.
The key for me is to have audible alerts at key price levels. This way if my attention is on one instrument I can hear an alert at a price level on another instrument. Then,I can quickly scan that instrument. Also, my order flow tool, Tick Strike often gives some indications something strong is happening..and I can again check out the setup on the instrument that is causing the ticking.
There is an unmistakeable look to my charts when a strong move is underway..and now I have more opportunities to catch one of those moves.
So I basically am looking for either a strong momentum move..or a great reversal at a key price level. On one screen, I have my 2 range "Timing" chart on all three instruments. This chart is great for showing when momentum picks up. It is kind of an early warning chart. On my other screen, I have the larger timeframes setup. So basically, if I see things setting up on something, I look at the higher timeframe for added confirmation...Then I run through my quick checklist..and if all systems are go..I take the trade.
I found out, by only watching Oil, I was often lured into less than optimal setups. However, now with three instruments being traded, I am more likely to wait and cherry pick the absolute best setup.
So far it is working well.
Failure is not an option
The following 4 users say Thank You to lancelottrader for this post:
I may look into GC as im currentyl deciding which markets to trade and Im so far settled on CL NQ YM. FGBL (time permitting) and GC would serve when CL is quiet.
BTW Lance I noticed there has been a MASSIVE CL buyer at 77.50 and below and he keeps getting crushed.
Any thoughts on this action at CL alltime lows?
Could be putin
The following user says Thank You to xylem for this post:
Since Oil is a commodity, it could be an actual buyer looking to take deliveries.... Refineries and the like, need to take delivery to maintain their business and maybe they have decided that price is adequate to catch some inventory. Also, it could be large traders taking profits on their shorts from above.
I am from India and search for crude oil forums and TA led me to this.
Seems a similar experience as yours with losing money ( in other asset classes) to finding crude and being consistently profitable to be about to make a living trading only this commodity.
Would study your thread in greater detail.