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COMMON SENSE


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COMMON SENSE

  #441 (permalink)
BOSTON, MA
 
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Common Sense

I have no idea who have comon sense or not. Neither i am interested to know except traders i talk shop from time to time. These posts are meant to keep reminding what is important for me. Nothing more, Nothing less.
Since, this being a public journal all kinds of readers come and take what ever they want or do not want. Even if they have no desire they still show up. Some count ticks all day and wonder when PRINTING press will stop. Someone spent their own precious time and calculate as to how much i have made just this year. This individual seems pretty unhappy ( just guessing) and probably will be more pissed off as i ignored his inquiry. I have no intentions to piss someone off but some people can not seems to get out of their own way.

The most common one seems to be have been around for years but has ZERO contribution to futures.io (formerly BMT) community in general except one liners, free advice, or something should be this or that at futures.io (formerly BMT) etc. Luckliy it does not affect me except when i get an email like the one i got recently about someone doing calculations as to how much i have made YTD.

Except select few, 90% of my interaction with different traders has been +ve. Following is an example of not trading with common sense. I had the least amount of common sense for a long time in trading and from time to time i get off track.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #442 (permalink)
BOSTON, MA
 
Experience: Advanced
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Posts: 7,244 since Oct 2010
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Trading

And some trades with Common Sense. Added to shorts in CL. As far as trading goes there are many aspects of common sense. One being trading with size so that mind does not loose thinking ability. It does not matter what kind of trading limit one has. If it can not be used properly, it will KILL you.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #443 (permalink)
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mfbreakout View Post
And some trades with Common Sense. Added to shorts in CL. As far as trading goes there are many aspects of common sense. One being trading with size so that mind does not loose thinking ability. It does not matter what kind of trading limit one has. If it can not be used properly, it will KILL you.

Nice trade on CL today.......you da man MFBreakout

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  #444 (permalink)
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Bsinks View Post
Nice trade on CL today.......you da man MFBreakout


I can assume you had a good day just by your response. CONGRATULATION. Don't be pissed off ( i know you dont, this is for select few) when you are having a bad day and someone else is doing well. Generally misery leads tot more misery. Being happy is the goal.

NOTE: Expecting to see fewer lines on your chart soon.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #445 (permalink)
Wichita Falls TX/United States
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Soybeans, Crude, Natural Gas
 
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Posts: 82 since Dec 2013
Thanks: 37 given, 65 received


mfbreakout View Post
I can assume you had a good day just by your response. CONGRATULATION. Don't be pissed off ( i know you dont, this is for select few) when you are having a bad day and someone else is doing well. Generally misery leads tot more misery. Being happy is the goal.

NOTE: Expecting to see fewer lines on your chart soon.

LOL.........I'm working on the line thing even as we speak.........good one

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  #446 (permalink)
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Longs and Longs.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #447 (permalink)
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Short 92.22. Cover some 91.85. What? There was support at 92, there were buyers there on Tuesday. That was on Tuesday. Today is Thursday.

I do not mind shorting into so called support or going long at so called resistance. Stay with the trend and if joining the trend late ( like short 92.22 ) just size it properly and be aware of potential gains left per your time frame.

NOTE: Switched to CLX4 contract today.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #448 (permalink)
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mfbreakout View Post
Short 92.22. Cover some 91.85. What? There was support at 92, there were buyers there on Tuesday. That was on Tuesday. Today is Thursday.

I do not mind shorting into so called support or going long at so called resistance. Stay with the trend and if joining the trend late ( like short 92.22 ) just size it properly and be aware of potential gains left per your time frame.

NOTE: Switched to CLX4 contract today.

when did you switch? at the CL open or mid-day? i made a trade earlier on 10-14 when the volume on 10-14 was > 11-14. everybody plays the rollover differently.

dont believe anything you hear and only half of what you see

\_(ツ)_/

(╯□)╯︵ ┻━┻
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  #449 (permalink)
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madLyfe View Post
when did you switch? at the CL open or mid-day? i made a trade earlier on 10-14 when the volume on 10-14 was > 11-14. everybody plays the rollover differently.

It's automatically done by TOS. Switch over was at start of trading day today.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #450 (permalink)
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Posts: 7,244 since Oct 2010
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NQ



mfbreakout View Post
And some trades with Common Sense. Added to shorts in CL. As far as trading goes there are many aspects of common sense. One being trading with size so that mind does not loose thinking ability. It does not matter what kind of trading limit one has. If it can not be used properly, it will KILL you.

Longs and longs all day.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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