The Crude Dude Oil Trading System - Commodities Futures Trading | futures io social day trading
futures io futures trading


The Crude Dude Oil Trading System
Updated: Views / Replies:123,425 / 867
Created: by lancelottrader Attachments:177

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 177  
 
Thread Tools Search this Thread
 

The Crude Dude Oil Trading System

  #321 (permalink)
Elite Member
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,605 since Jan 2013
Thanks: 26,474 given, 11,003 received


lancelottrader View Post
So, to me..the number one thing is to try and ascertain as early in the session as possible what type of conditions are underway..and if we are in a consolidation phase, the early stage of a reversal..or a pullback. This is one of the reasons every 5 minutes or so, I will scribble on a notebook what type of conditions the market is in. The more I describe the prevailing price movement by speaking out loud or in writing, the more in tune I get. If I rely on my silent thoughts, I don't seem to do as well.

That's a very good idea. I'll try something like it and see if it helps in staying focused.

Thanks.

Bob.

Reply With Quote
The following 4 users say Thank You to bobwest for this post:
 
  #322 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


Sazon View Post
I'm currently trading 8 different markets. I personally stay away from gold because it seems to have flash crashes too frequently. For example, take a look at the 7/19/15 intraday chart of gold.

I saw that chart..pretty crazy! I've traded it off and on for while..so I've seen it do a lot of extremely sharp, fast moves. I'm just monitoring it again. I probably won't go live with it unless I get some consistent results. Thanks for the heads up.

Failure is not an option
Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
  #323 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Problems of emotional based trading mistakes


In this video, I talk about the biggest problem I have tried to overcome in my trading. It deals with psychological issues that I'm sure many other traders experience as well.

Failure is not an option
Reply With Quote
The following 22 users say Thank You to lancelottrader for this post:
 
  #324 (permalink)
Elite Member
Bend, OR
 
Futures Experience: Intermediate
Platform: Sierra Charts, TOS
Broker/Data: TOS, Global Futures/OEC
Favorite Futures: CL, GC, NG, YM, 6E, ZN
 
Tap In's Avatar
 
Posts: 910 since Feb 2013
Thanks: 2,063 given, 1,854 received

You look like your dad. Thanks!

Reply With Quote
The following user says Thank You to Tap In for this post:
 
  #325 (permalink)
Elite Member
Dallas Texas
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL
 
Posts: 3 since Jul 2013
Thanks: 375 given, 1 received

Great video! It sums up exactly where I have been for the last several months. Thanks for sharing!

Reply With Quote
 
  #326 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


Nathn View Post
Great video! It sums up exactly where I have been for the last several months. Thanks for sharing!

I'm glad it was helpful.

Failure is not an option
Reply With Quote
 
  #327 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Fear of giving back profits can be costly on a day like this

Unbelievable strength in Oil today. I did well..but left a lot of money on the table. I had several opportunities I didn't take because I was way up on the day..and didn't want to give anything back. That's an amateur mindset. If the market is offering these kind of moves..you have to keep taking them. This could have been a 100-150 tick day easily and I settled for 55 ticks.

Failure is not an option
Reply With Quote
The following 5 users say Thank You to lancelottrader for this post:
 
  #328 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


lancelottrader View Post
Unbelievable strength in Oil today. I did well..but left a lot of money on the table. I had several opportunities I didn't take because I was way up on the day..and didn't want to give anything back. That's an amateur mindset. If the market is offering these kind of moves..you have to keep taking them. This could have been a 100-150 tick day easily and I settled for 55 ticks.

Update 12:20 pm est...Went back in and made another 20 ticks. So made 75 today. Not too bad.

Failure is not an option
Reply With Quote
The following 4 users say Thank You to lancelottrader for this post:
 
  #329 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Ok..took my own advice and kept going!

Update: 12:41

Two more wins. Probably my best day ever!

Failure is not an option
Attached Thumbnails
The Crude Dude Oil Trading System-trades-cl-8-31-15.png  
Reply With Quote
The following 9 users say Thank You to lancelottrader for this post:
 
  #330 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Watch out for cl today..dangerous!


9:34 am 9/1/15 Just a heads up to anyone trading Cl today. This is what I call chaotic volatility. Very difficult price movement to trade. Be careful!

Failure is not an option
Reply With Quote
The following 3 users say Thank You to lancelottrader for this post:

Reply



futures io > > > > The Crude Dude Oil Trading System

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Crude Oil trading JDNeeman Trading Journals 526 November 24th, 2016 07:12 PM
Gettin' Serious - Crude Oil Trading tgibbs Elite Trading Journals 19 November 24th, 2014 09:18 AM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 03:48 PM
Crude Oil (CL) Trading by goldenriver goldenriver Elite Trading Journals 52 March 12th, 2013 03:32 PM
123 Profitable Crude Oil trading JDNeeman Trading Journals 7 September 6th, 2012 07:06 PM


All times are GMT -4. The time now is 11:00 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-07-25 in 0.12 seconds with 20 queries on phoenix via your IP 54.162.126.136