That's it for today!



Attachment 256793

NICE BRUNO new best for PnL?

This is bullshit! You are a gunslinging faker. You are trading institutional size trades in a wildly fundamental highly volatile market whilst being in college?

Whatever - I welcome your inevitable institutionalization after your manic episode concludes.

It's okay if you admit you are full of it - us more mature guys will understand.

You are too funny brother - too motherf*cking funny.

Keep trolling though - some like the 'theatre' of it all.

This is bullshit! You are a gunslinging faker. You are trading institutional size trades in a wildly fundamental highly volatile market whilst being in college?

Whatever - I welcome your inevitable institutionalization after your manic episode concludes.

It's okay if you admit you are full of it - us more mature guys will understand.

You are too funny brother - too motherf*cking funny.

Keep trolling though - some like the 'theatre' of it all.

So many rage, several fun for me, wow!

I’m 38 yo and I’m trading for the last 15 years. I’m only new to futures in the US. I traded stocks and futures in Brazil and options in the US. I don’t trade for a living (don’t need it anymore). It’s just a profitable hobby for me.

Peace, bro




Sent using the NexusFi mobile app

What are your magins and commission rates

You are too funny brother - too motherf*cking funny.

Keep trolling though - some like the 'theatre' of it all.

$3600 per contract up to 20 contracts, and I renegotiated my commissions this month ($1.25 per contract). Now I maintain a 100k margin account (cash). Every month I withdraw the excess. But I’m surprised with all this discussion. 20 contracts is not institutional volume. And I know the risk I’m taking (the losses are big too, but in average I’m profitable).

This is the first time I maintain a trading journal. And I’m enjoying doing it. Writing in English is a challenge for me and interacting with people around the world is fascinating.

But I know I made a mistake. From now on I will not show my PnL and volume traded (I did at first because it seems everybody does), just entry/exit point and trade logic.

Bruno



Sent using the NexusFi mobile app

But I know I made a mistake. From now on I will not show my PnL and volume traded (I did at first because it seems everybody does), just entry/exit point and trade logic.

Bruno



Sent using the NexusFi mobile app

Yep, you're wright.

In short:

1) liquid markets are random (in reality, they tend to be random, in some "limit" concept);
2) the observed randoness is a consequence of the players interaction (given some restraint conditions);
3) randomness doesn't mean you can't beat the markets (it's something more elaborate);
4) markets "need" traders in order to become random;
5) that's why market inefficciencies are wiped away (after some time t_0 ) by trading activity;
6) there's an economic reason (but it's a grey area) that justifies the "revenues" all kinds of market players "receive";
7) I think I complicated things more than necessary
8) my trading (mental) framework is based on providing liquidity wherever/whenever necessary;
9) price action is a tool I use to tell myself a story ("prices bounced 2 times in a support zone, leaving behind a double bottom pattern");
10) I think the storytelling part is just a pile of cr@p, but I use it all the time because it seems to work;
11) I don't have a definitive answer to explain why it works... maybe it's a grafícal representation of collective behavior (bullsh!t)
12) I'm wrong in about 30% of these topics, but it doesn't matter too

Bruno