Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

brownsfan019

Trader P/L 2009

Recommended Posts

12-7-09: +$590.00

 

Nice day on oil once again. As each day passes, I lean more and more towards just trading oil. It's clean and moves with me for the most part. Add in that I could work 9am-Noon EST and that's very attractive. The oil pits are open till 230pm EST but I like to shut it down into lunch.

 

Just something I've been considering more and more lately. I still watch and monitor a handful of markets, but if it's coming to me easier on oil, then maybe I should focus there and possibly just increase the contracts being traded. The nice thing about oil is that even with 1 little contract you can make a nice yearly living.

12-7-2009.png.087efdd4eb449a0917892572b98086e3.png

Share this post


Link to post
Share on other sites
Done pretty early with the good CL trade, and took a little heat as the ES got bogged into a range. Finally gave up and just took what was available.

 

Here's the beauty of trading and why it's so interesting in my eyes. Ed here took a net of 14.5 ticks on a 'good' trade and I'm not interested in the CL unless I can push at a minimum of 30 ticks. Personally I won't touch it if I can't get at least 20 out of the trade.

 

To each his own, this was not a dig or anything, just showing how 2 different methods both made money on the CL today.

Share this post


Link to post
Share on other sites
Here's the beauty of trading and why it's so interesting in my eyes. Ed here took a net of 14.5 ticks on a 'good' trade and I'm not interested in the CL unless I can push at a minimum of 30 ticks. Personally I won't touch it if I can't get at least 20 out of the trade.

 

To each his own, this was not a dig or anything, just showing how 2 different methods both made money on the CL today.

 

Yes, that's correct. Each trader needs to find out what works for them. And most importantly, what they can do successfully on a consistent basis. BTW, during thankgiving time - I got a single CL trade of 1.02 on 2c.... but that doesn't happen for me every day. So, while I wait for those bigger one's that fit into my trading method, I just scalp my way along.

Share this post


Link to post
Share on other sites

12-7-09 Final: +$4020.00

 

What can I say, when you are feeling it in a market, take it. I think my next car's license plate will be something like I LUV OIL or CL TRADER or something like that. ;)

12-7-2009.png.bb1f3c78e1589513abb995c468edaf40.png

Share this post


Link to post
Share on other sites
12-7-09 Final: +$4020.00

 

What can I say, when you are feeling it in a market, take it. I think my next car's license plate will be something like I LUV OIL or CL TRADER or something like that. ;)

 

Whew!!! Great trade..... repeat. repeat..repeat...

Share this post


Link to post
Share on other sites
12-7-09 Final: +$4020.00

 

What can I say, when you are feeling it in a market, take it. I think my next car's license plate will be something like I LUV OIL or CL TRADER or something like that. ;)

 

Nice work yet again in the "late" market. Did you add some contracts to your position?

Edited by Dinerotrader

Share this post


Link to post
Share on other sites
Nice work yet again in the "late" market. Did add some contracts to your position?

 

That was a couple trades actually - not just one. I wish I could tell OEC to also list the amount of trades but I don't think that's an option. I'll have to poke around.

Share this post


Link to post
Share on other sites
Guest Risk
That was a couple trades actually - not just one. I wish I could tell OEC to also list the amount of trades but I don't think that's an option. I'll have to poke around.

 

Hello

 

I am new here and I might have missed some essential things that you posted but could you maybe post a chart with a short explanation of your entry and exit on CL?

 

Thanks

 

Risk

Share this post


Link to post
Share on other sites
12-7-09 Final: +$4020.00

 

What can I say, when you are feeling it in a market, take it. I think my next car's license plate will be something like I LUV OIL or CL TRADER or something like that. ;)

 

Hey, brownsfan. Nice trading. I'm curious though, does your live oec account in which you are placing these trades factor in commissions in your average positions window?

 

For example when Dinero posted awhile back some live trades HERE. His trades reflected more charges due to commissions being deducted from his pl. However when he posts trades in a simulation account the pl reflects no commission.

5aa70f7c69486_dineropl11-24-20091.png.ad403437c47ae8383fa4924e86c9bd17.png

5aa70f7c6c2f6_brownspl12-7-2009.png.2ebd848c0100185f0568e17bbc8563f9.png

Share this post


Link to post
Share on other sites
Hello

 

I am new here and I might have missed some essential things that you posted but could you maybe post a chart with a short explanation of your entry and exit on CL?

 

Thanks

 

Risk

 

I have a number of things posted in the candlestick corner which you can find here.

Share this post


Link to post
Share on other sites
Guest Risk
I have a number of things posted in the candlestick corner which you can find here.

 

Thanks again.

 

I went through a lot of your posts.

 

All I am asking for is one chart of a real trade with markers for entry and exit and maybe, if you would be so kind, add the reason behind the trade.

 

Thank you

 

Risk

Share this post


Link to post
Share on other sites
Guest Risk
I have a number of things posted in the candlestick corner which you can find here.

I have gone through most of the links that you refered me to.

Thanks again.

Would you mind posting 1 chart of CL of a trade with the entry and exit marked.

I could not find anything in this format in your other posts except for references to other people's setups and your preference to look at certain candle formations in respect to S/R areas.

 

Thank you

 

Risk

Share this post


Link to post
Share on other sites
Thanks again.

 

I went through a lot of your posts.

 

All I am asking for is one chart of a real trade with markers for entry and exit and maybe, if you would be so kind, add the reason behind the trade.

 

Thank you

 

Risk

 

I don't have my exact setups outlined verbatim here or any forum for that matter. If you want to hunt around, you'll find stuff. If you want an A B C guide, you won't find it. For that, head to Thales' thread. He's much more generous than I.

Share this post


Link to post
Share on other sites
Hey, brownsfan. Nice trading. I'm curious though, does your live oec account in which you are placing these trades factor in commissions in your average positions window?

 

For example when Dinero posted awhile back some live trades HERE. His trades reflected more charges due to commissions being deducted from his pl. However when he posts trades in a simulation account the pl reflects no commission.

 

LF - I have a 1 contract dummy account linked to my block accounts for purposes here. As I stated in the beginning, I am showing a smaller account progression. I do not show the entire block p/l for personal reasons. Whatever I show is just magnified (good or bad) with the block being traded.

 

As a side note, OEC's block function is very nice. When I was trading blocks with T4 I literally had to send an email at the end of the day with allocations. Then I had to hope their back office did what I wanted manually. With OEC, it's just done and I don't have to do anything else with it. So very nice.

Share this post


Link to post
Share on other sites
I have gone through most of the links that you refered me to.

Thanks again.

Would you mind posting 1 chart of CL of a trade with the entry and exit marked.

I could not find anything in this format in your other posts except for references to other people's setups and your preference to look at certain candle formations in respect to S/R areas.

 

Thank you

 

Risk

 

Now that I reread what you wrote, you do know what I do. You wrote it out verbatim.

 

;)

Share this post


Link to post
Share on other sites

Oil was a pain in the neck today.

 

I have never really got a good feel for the RLM but the ZS has been so slow and choppy that I am working on acquiring the feel for the RLM. We'll see if I can find it.

 

SIM

attachment.php?attachmentid=16417&stc=1&d=1260301391

5aa70f7ca913a_12-8-20093.png.06948acd08d2135371a3f60455b4ca60.png

Share this post


Link to post
Share on other sites
Guest Risk
Now that I reread what you wrote, you do know what I do. You wrote it out verbatim.

 

;)

 

:cool:

 

Sorry about the multiple posts but for some reason after I hit the SUBMIT REPLY - nothing happened so I just reposted assuming that I did something wrong.

 

"Ceterum censeo Carthaginem esse delendam" - Marcus Porcius Cato Maior

 

and in our case

 

"Ceterum censeo, would you mind posting one chart?" - Risk :)

 

 

 

Risk

Share this post


Link to post
Share on other sites
:cool:

 

Sorry about the multiple posts but for some reason after I hit the SUBMIT REPLY - nothing happened so I just reposted assuming that I did something wrong.

 

"Ceterum censeo Carthaginem esse delendam" - Marcus Porcius Cato Maior

 

and in our case

 

"Ceterum censeo, would you mind posting one chart?" - Risk :)

 

 

 

Risk

 

I have charts posted all over this place, incl this thread. From there, you have to dig around. Or visit Thales' thread as I suggested.

Share this post


Link to post
Share on other sites

12-9-09: +$1720

 

I thought the day was done and then the ES gave some easy longs there so that got me positive again. If the ES can give me reliable setups like this, then I might have to do a little more there than I previously said. I guess that's why it's useful to watch a handful of markets even if you are not trading them so you can see opportunities when they arise.

 

In the last week or so I've also been working to refine my entries a bit so that is helping so far as well. As I've said many times, I can't time exits for the life of me so I directed some energy into seeing if I could time my entries better and so far it appears to be working. If I can get into moves sooner, I can lower my risk and increase my reward so we'll see.

12-9-2009.png.09b11fe1fd253b459b10bdb6bf937111.png

Share this post


Link to post
Share on other sites
Would you mind posting 1 chart of CL of a trade with the entry and exit marked. I could not find anything in this format in your other posts except ... your preference to look at certain candle formations in respect to S/R areas.

 

Now that I reread what you wrote, you do know what I do. You wrote it out verbatim.

 

;)

 

Sometimes, this is so easy, that the mind, thinking it must be more difficult than it is, refuses to see the answer right before the eyes.

 

If you want an A B C guide, you won't find it. For that, head to Thales' thread. He's much more generous than I.

 

 

But Brownie, would it kill you to post one chart, once in a while? I promise you that it will not dull your edge. And besides - Good comes to those who first do good themselves.

 

Who knows, a little kindness on your part, and perhaps the Browns win another football game before the end of the season.

 

Either way, best to you Brownie. Good stuff you've been posting lately.

 

I'm a Brownsfan Fan.

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

It was going to be a great day but all my charts and DOM froze for 20 minutes or so after I got in a trade. I had several more freezes and charting issues. OEC has a hard time keeping the DEMO version quality up to the live version but I am not sure why.

 

I won't post my P/L since it doesn't reflect what would have happened on a live account. I had a good ZN trade and my first good mini russel trade.

 

On oil, I missed a great setup up right after inventory came out. Then came the landslide and oil went into a price area where I didn't have any S/R levels noted because am I still sorting out historical PA that I can go through. I'll get that sorted out soon.

 

I really wish I had a nice 3 monitor setup for each contract I am watching. Sometimes I switch over from oil to the russel and barely have time to react to the obvious setup its in. All in good time.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Date: 8th April 2025.   Markets Rebound Cautiously as US-China Tariff Tensions Deepen     Global markets staged a tentative recovery on Tuesday following a wave of volatility sparked by escalating trade tensions between the United States and China. The Asia-Pacific region showed signs of stability after a chaotic start to the week—though some pockets remained under pressure. Taiwan’s Taiex dropped 4.4%, dragged lower by losses in tech heavyweight TSMC. The world’s largest chipmaker fell another 4% on Tuesday and has now slumped 13.5% since April 2, when US President Donald Trump first unveiled what he called ‘Liberation Day’ tariffs.   However, broader sentiment across the region turned more positive, with several markets rebounding sharply after Monday’s dramatic sell-offs. Japan’s Nikkei 225 surged over 6% in early trading, rebounding from an 18-month low. South Korea’s Kospi rose marginally, and Australia’s ASX 200 gained 1.9%, driven by strength in mining stocks. Hong Kong’s Hang Seng rose 1.6%, though still far from recovering from Monday’s 13.2% crash—its worst day since the 1997 Asian financial crisis. China’s Shanghai Composite added 0.9%.   In Europe, DAX and FTSE 100 are up more than 1% in opening trade. EU Commission President von der Leyen repeated yesterday that the EU had offered reciprocal zero tariffs on manufactured goods previously and continues to stand by that offer. Others are also trying again to talk to Trump to get some sort of agreement that limits the impact.   Much of the rally appeared to be driven by dip-buying, as well as hopes that the intensifying trade war could still be defused through negotiations.   China Strikes Back: ‘We Will Fight to the End’   Tensions reached a boiling point after Trump threatened to impose an additional 50% tariff on all Chinese imports unless Beijing rolled back its retaliatory measures by April 8. ‘If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow... the United States will impose additional tariffs on China of 50%,’ Trump declared on social media.   If implemented, the new tariffs would bring total US duties on Chinese goods to a staggering 124%, factoring in the existing 20%, the 34% recently announced, and the proposed 50%.   In response, China’s Ministry of Commerce issued a stern warning, stating: ‘The US threat to escalate tariffs is a mistake on top of a mistake... If the US insists on its own way, China will fight to the end.’ The ministry also called for equal and respectful dialogue, though signs of compromise on either side remain scarce.   Beijing acted quickly to contain a market fallout. State funds intervened to support equities, and the People’s Bank of China set the yuan fixing at its weakest level since September 2023 to boost export competitiveness. Additionally, five-year interest rate swaps in China fell to their lowest levels since 2020, indicating potential for further monetary easing.   Trump Talks Tough on EU Too   Trump’s hardline approach extended beyond China. Speaking at a press conference, he rejected the European Union’s offer to eliminate tariffs on cars and industrial goods, accusing the bloc of ‘being very bad to us.’ He insisted that Europe would need to source its energy from the US, claiming the US could ‘knock off $350 billion in one week.’   The EU, meanwhile, backed away from a proposed 50% retaliatory tariff on American whiskey, opting instead for 25% duties on selected US goods in response to Trump’s steel and aluminium tariffs.     Volatile Wall Street Adds to the Drama   Wall Street experienced wild swings on Monday as investors processed the rapidly evolving trade conflict. The S&P 500 briefly fell 4.7% before rebounding 3.4%, nearly erasing its losses in what could have been its biggest one-day jump in years—if it had held. The Dow Jones Industrial Average sank by as much as 1,700 points early in the day but later climbed nearly 900 points before closing 349 points lower, down 0.9%. The Nasdaq ended up 0.1%.   The brief rally was fueled by a false rumour that Trump was considering a 90-day pause on tariffs—rumours that the White House quickly labelled ‘fake news.’ The market's sharp reaction underscored how desperate investors are for any sign that tensions might ease.   Oil Markets in Focus: Goldman Sachs Revises Forecasts   Crude prices also reflected the uncertainty, with US crude briefly dipping below $60 per barrel for the first time since 2021. As of early Tuesday, Brent crude was trading at $64.72, while WTI hovered around $61.26.   Goldman Sachs, in a note dated April 7, lowered its average price forecasts for Brent and WTI through 2025 and 2026, citing mounting recession risks and the potential for higher-than-expected supply from OPEC+.       Under a base-case scenario where the US avoids a recession and tariffs are reduced significantly before the April 9 implementation date, Goldman sees Brent at $62 per barrel and WTI at $58 by December 2025. These figures fall further to $55 and $51, respectively, by the end of 2026. This outlook also assumes moderate output increases from eight OPEC+ countries, with incremental boosts of 130,000–140,000 barrels per day in June and July.   However, should the US slip into a typical recession and OPEC production aligns with the bank’s baseline assumptions, Brent could retreat to $58 by the end of this year and to $50 by December 2026.   In a more bearish scenario involving a global GDP slowdown and no change to OPEC+ output levels, Brent prices might fall to $54 by year-end and $45 by late 2026. The most extreme projection—based on a simultaneous economic downturn and a full reversal of OPEC+ production cuts—would see Brent plunge to below $40 per barrel by the end of 2026.   Goldman noted that oil prices could outperform forecasts significantly if there was a dramatic shift in tariff policy and a surprise in global demand recovery.   Cautious Optimism, But Warnings Persist   With both Washington and Beijing showing no signs of backing down, markets are likely to remain volatile in the days ahead. Investors now turn their attention to upcoming trade meetings and policy decisions, hoping for clarity in what has become one of the most unpredictable trading environments in recent years.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • CVNA Carvana stock watch, rebound to 166.56 support area at https://stockconsultant.com/?CVNA
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.