Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Hi my name is Ruslan.
Im from Seattle area. I been trading options and futures for about 3-4 years on and off. Been trying and working on my strategy and mostly on my money management and discipline. Winning a bit , but loosing all on a couple of trades. I think it sound very familiar to many. I Hope this journal will benefit my self, and it may be helpful to others. Feel free to write your opinion, recommendation or suggestion. That's my ultimate goal to become a better trader. So one head is good but two is better.
Thank you everyone in advance.
Can you help answer these questions from other members on NexusFi?
BOT WEEKLY option on AAPL 520 put @2.9, when it failed to get above resistance level. My target was at S2 Pivot which was at 573 level. It did not hit my target, cause i exited earlier around 576 level. There was a big up candles if you would look at 1min chart. So i decided to exit my trade @3.85. Not bad considering that i used all account money which at this point is $384.
Bought GLD call on Wednesday after FOMC announcement. /GC dropped quickly to intermediate up trend line. Chart explain everything. Sorry i didnt do a good job at capturing that photo, i will do better job next time. Btw its a 30min time frame.
I have some interesting charts /GC to show you guys. Red line on my chart is long term up trend which going back to beginning of 2008 when GOLD was at $700 level. For the past month we came in close to that trend line and every time we penetrated it, /GC didn't stay below for more that 9 hours.
It will be interesting to watch /GC for the next 2 weeks, cause long term up trend will meet intermediate down trend. If that happen, personally i think /GC will go higher to $1745 - $1730 level it depends on how fast it get there, and it will be a great opportunity to make some good money on GLD options.
Didn't have any trade setups this week yet. On one i feel good for being patient and waiting for a good opportunity, but on the other side i see daily moves and opportunities to make money but i don't have right tools, enough knowledge and system to qualify and take a trade. Tired and depressed of looking, searching, googling for SOMETHING that will help my trading.
Need someones advice, or guidance to the right path.
