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The Crude Dude Oil Trading System
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The Crude Dude Oil Trading System

  #431 (permalink)
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NQbeginner View Post
I too hope you continue posting. Being a complete novice myself, I find comfort in knowing this can be done. I've read this whole thread in a couple days, inspiring stuff and I am now completely hooked, and this thread is a big reason why I feel I now have to master this.

Thank you for your positive comments. I appreciate it.

Failure is not an option
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  #432 (permalink)
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Nooooooooooo!!!!!........


Quoting 
I hope that some my posts showing results aren't interpreted as me "Showing off." I have been struggling with trying to be consistent with my trading for many years as this thread can attest to.

If anything, I hope these posts show that there has been improvement that has come after many years of failing and not having any real consistency.

I will probably not post anymore results or videos of me trading for a while. My goal now is to incorporate TF live along with my CL trading. Once I start doing that successfully, I will probably show what kind of results I get trading both instruments.

Hey Lance,

I just had to emerge from my perpetual "lurker" state to let you know how much I've appreciated the enormous amount of time and effort you've put into this journal/thread. I think this is the only thread I've ever subscribed to (here or on any forum I frequent) and it's been immensely helpful to experience your ups and downs over the years.

When I first came across this thread, it immediately "clicked" with me, since we share a similar style of trading as well as having freakishly similar thought processes and emotional responses to our trades. Your posts have been truly inspirational and I don't think I can overstate just how much I (and I suspect many others here) appreciate your efforts.

Your videos in particular deserve recognition. It's apparent just how much time and effort have gone into them and--on top of everything else--you're quite simply a fantastic teacher.

Thanks again, and keep up the good work!

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  #433 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
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Favorite Futures: Cl, TF
 
Posts: 696 since Oct 2011
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Sniff View Post
Hey Lance,

I just had to emerge from my perpetual "lurker" state to let you know how much I've appreciated the enormous amount of time and effort you've put into this journal/thread. I think this is the only thread I've ever subscribed to (here or on any forum I frequent) and it's been immensely helpful to experience your ups and downs over the years.

When I first came across this thread, it immediately "clicked" with me, since we share a similar style of trading as well as having freakishly similar thought processes and emotional responses to our trades. Your posts have been truly inspirational and I don't think I can overstate just how much I (and I suspect many others here) appreciate your efforts.

Your videos in particular deserve recognition. It's apparent just how much time and effort have gone into them and--on top of everything else--you're quite simply a fantastic teacher.

Thanks again, and keep up the good work!

Wow! Thank you for the nice words. The fact that my journal has resonated with someone such as yourself makes me feel that it was definitely worthwhile for me to have posted on here.
To be perfectly honest, trading has been the most difficult endeavor I have ever been involved with..in my entire life. After being fairly successful at a few different things, I was totally unprepared for the pyschological challenges and the skills necessary to do well at trading.

I'm embarrassed to say how much money I have lost at this over the years and how discouraged and depressed it has made me. Matt Z, my broker at Optimus can tell you of phone calls I made to him..telling him to close my account because I wanted to quit. He never tried to stop me or talk me out of it, but instead would listen and offer some great advice. After a day or two of contemplating his suggestions, I would decide to hang in there. Matt is not only a great broker, but an exceptional human being as well. If you read this, for some reason..Thank you, Matt. I appreciate everything.

I would not say I've "made" it yet. But I see no reason why that I can't eventually earn a full time living from this: provided I keep my emotions in check, follow all my rules...and keep 100% focused at all times. And that...is not easy. I have an impulsive side to me that I have to constantly keep under control..that can cause me to do some truly epic stupid things, while trading.

Thanks again for your nice comments and the best of luck to you in your trading.

Lance

Failure is not an option
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  #434 (permalink)
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@mattz read the above post

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  #435 (permalink)
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Which products do you trade?

 

Big Mike View Post
@mattz read the above post

Mike

@lancelottrader You made my day, my week and year.
I have a lot of respect for you because you trade live and share your real experience with trading in the most honest fashion without coloring it. You give them pure reality of trading, the pain, the happy moments and frustrations.

The underlying philosophy the runs me as a broker is the fact that I get compensated while you are the one taking the risk. I think if some other brokers would get this through their thick skull, they would stop treating retail in the sales fashion that it is treated today. I wish I could tell you that things are getting better in the industry, but it is not. Salesman disguised as brokers, sales companies disguised as software providers, etc.
If you end up with someone decent it's a miracle.

I wish you a good weekend, and again thank you for being an inspiration on this forum. I give you my "Market Wizard" crown, you deserve it 10 times more than me.

Matt
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PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; October 30th, 2015 at 03:25 PM.
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  #436 (permalink)
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This video explains my ideas on Trade management.


Failure is not an option
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  #437 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 696 since Oct 2011
Thanks: 611 given, 2,324 received


mattz View Post
@lancelottrader You made my day, my week and year.
I have a lot of respect for you because you trade live and share your real experience with trading in the most honest fashion without coloring it. You give them pure reality of trading, the pain, the happy moments and frustrations.

The underlying philosophy the runs me as a broker is the fact that I get compensated while you are the one taking the risk. I think if some other brokers would get this through their thick skull, they would stop treating retail in the sales fashion that it is treated today. I wish I could tell you that things are getting better in the industry, but it is not. Salesman disguised as brokers, sales companies disguised as software providers, etc.
If you end up with someone decent it's a miracle.

I wish you a good weekend, and again thank you for being an inspiration on this forum. I give you my "Market Wizard" crown, you deserve it 10 times more than me.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

Thank you so much for what you wrote..and everything else. I hope to drive up to your office soon to say hi .

Failure is not an option
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  #438 (permalink)
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Thanks again


lancelottrader View Post
This video explains my ideas on Trade management.


Hi Lancelottrader,

thanks a lot for the latest video posted and this thread at all. This thread is such inspiring to me that i decided to give this scalping system a try on SIM. So i started SIM-trading the CL in a similar way (basically an EMA and Supertrend as helpers) in conjunction with BookMap to see the levels of liquidity and activity. Its not my intention to imitate in detail - its more to enrich my approach.

So far the first week was a good one (+58 SimTicks) and i want you to know that all your efforts you have put into this thread helped me. Of course i need to know the CL much better and i will do much more extensive practicing and collecting experiences.

So thanks again and have a nice weekend
Michael

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  #439 (permalink)
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Favorite Futures: Cl, TF
 
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MichaelH View Post
Hi Lancelottrader,

thanks a lot for the latest video posted and this thread at all. This thread is such inspiring to me that i decided to give this scalping system a try on SIM. So i started SIM-trading the CL in a similar way (basically an EMA and Supertrend as helpers) in conjunction with BookMap to see the levels of liquidity and activity. Its not my intention to imitate in detail - its more to enrich my approach.

So far the first week was a good one (+58 SimTicks) and i want you to know that all your efforts you have put into this thread helped me. Of course i need to know the CL much better and i will do much more extensive practicing and collecting experiences.

So thanks again and have a nice weekend
Michael

That sounds really cool. I wish you all the best.
The more you watch the market..the more your brain will begin to see patterns. Most people don't allow their pattern recognition aspects of their brain to really develop. I like to do market replay (if you have that feature) and watch it a a fairly high speed . I don't even trade it...I just allow my brain to absorb it..even though it's playing at a high speed. You'd be surprised how this can activate parts of the brain. I do this on the weekends and go through a few days of trade sessions. I think it helps.

Failure is not an option
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  #440 (permalink)
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Very astute via the replay. Pro athletes use visualization all the time with great results. This is just another way to do the same thing.

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