Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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Just as a reference, todays cash index prices...
- New England $26.38 +$6.09 !!! (Algonquin)
- New York City $6.72 -$10.37 !!! (Transco Z6)
- Louisiana $4.40 +$0.16 (Henry)
- Houston $4.35 +$0.16 (HSC & Katy)
- Chicago $4.64 +$0.06
- Rockies $4.43 -$0.03
- San Fran $4.7+ +$0.05 (PG&E)
- Southern California $4.72 unch (Socal Border)
Its all good. I deviated from my, your, plan because i got too cocky and got bent over because of it. i was way too heavy in NG and paid the price. I really need to trade more markets. I put it down to the cost of education. What i have learnt from you and the other guys on the forum more than pays for the loss. I am not too worried because i know in the end i will make it back.
It was very interesting staying up overnight and watching the underlying and the pricing of the associated options. Usually i am well and truly asleep when all the action happens. It was a very good learning experience to watch the dance between bid and offer. the fed 5200 Calls danced all night. Usually i just get to see the end product of whats happened, and too be honest after last night i think i prefer that.
looking forward to your webinar.
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