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CL > to unpredictable > computer trading


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CL > to unpredictable > computer trading

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fort lauderdale
 
Experience: Intermediate
Platform: NJ
Trading: futures
 
Trader8s's Avatar
 
Posts: 7 since Oct 2012
Thanks: 25 given, 6 received

Heads Up: I have been trading CL for the last several months (not a rookie) and I am throwing the towel in - CL seems to defy all logic, they will trade nice for a week then, they change the rules on you, the trickery going on in these pits is fit for ultra fast computers and tight stops, there are many trades that set-up perfectly then they turn them around in seconds.

CL is not for the light at heart, I can handle the heat but lets get real - computers have taken these markets OVER.
save your money and learn to trade other markets - GC/Gold is very close to CL you will see wild price swings in Gold as well. ... as for me I'm going over to DayTrade Stocks you can scan hundreds of movers a day and just trade the best sectors when they are hot and daily money can be made without the crazy price swings with futures these days. would be nice it Mike could start a thread on Stock Day Trading.

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