[method]

No trades today.

BF do you still trade the ZB?

It looks like TL has become infatuated with CL as of late

[brownsfan019]

Originally Posted by method »

No trades today.

BF do you still trade the ZB?

It looks like TL has become infatuated with CL as of late

Just CL for me currently. Can't beat the price action.

And for the record, I was the first one saying that people should be looking at the CL.

[subterfuge]

mainly trading the CL and bund myself at the moment. Have been for a little while.
Due to this, I find myself wondering wether its best to master one market, or to apply your 'setup' to as many markets as possible, to give your 'edge' (i hate that trading term) more chance to work.
It does sometimes seem that im able to 'see clearer' and pick my entries and levels better when im just concentrating on one market.
I guess there isn't really a definitive answer, and different things wil work for different people.
BF, I believe you were of the school where you thought it best to apply your setup to many different markets?

[brownsfan019]

Originally Posted by subterfuge »

mainly trading the CL and bund myself at the moment. Have been for a little while.
Due to this, I find myself wondering wether its best to master one market, or to apply your 'setup' to as many markets as possible, to give your 'edge' (i hate that trading term) more chance to work.
It does sometimes seem that im able to 'see clearer' and pick my entries and levels better when im just concentrating on one market.
I guess there isn't really a definitive answer, and different things wil work for different people.
BF, I believe you were of the school where you thought it best to apply your setup to many different markets?

I go with what is working at the time. Right now, focus on the CL is proving very profitable. Until that changes, I will keep my focus here.

Trading is about adapting to your surroundings and doing what works best for you. I think that's why some methods can't survive - b/c they become hard and fast in their ways and ignore what's going on around them.

[Gabe2004]

Originally Posted by brownsfan019 »

I go with what is working at the time. Right now, focus on the CL is proving very profitable. Until that changes, I will keep my focus here.

Trading is about adapting to your surroundings and doing what works best for you. I think that's why some methods can't survive - b/c they become hard and fast in their ways and ignore what's going on around them.

You mentioned in one of your posts (if memory serves) that you trade the same way across different markets.
You wrote above that SOME METHODS CAN'T SURVIVE. This would imply that your methodology is not one of those.
I think that since human nature did not change over time it would imply that a method that relies somehow on human psyche WOULD survive across time.

If you concentrate on one instrument, how do you gauge when to switch to another one?

Gabe

[enochbenjamin]

ok - I got that OT virus out of my system.

[brownsfan019]

Originally Posted by Gabe2004 »

You mentioned in one of your posts (if memory serves) that you trade the same way across different markets.
You wrote above that SOME METHODS CAN'T SURVIVE. This would imply that your methodology is not one of those.
I think that since human nature did not change over time it would imply that a method that relies somehow on human psyche WOULD survive across time.

If you concentrate on one instrument, how do you gauge when to switch to another one?

Gabe

That's a lot of implying going on there Gabe...

I move to another market when the current one is no longer working and/or another market is providing better profits. Currently the CL is providing the best opportunities for how I trade - even though I could easily be trading this across a mix of markets. I'm just choosing to trade the CL.

[Dinerotrader]

SIM
+280

Crazy day. I was down $500, then up $720, then down, then up. I amount of selling pressure pushing prices on the CL kept taking me by surprise. Luckily it was inventory day on natural gas so I rode a couple moves about a minute after inventory came out. I had to exit a natural gas trade 30 seconds before inventory came out which is annoying but necessary. Shouldn't have traded the RLM but I did.

If you stop trading because you have made a certain amount of profit does that just mean you think your setups have a significant degree of luck to them. It would seem like if I trusted my setup, I would just keep on trading it during the hours I thought is was effective since statistically, I will make money. I can't decide if the quiting while you are ahead is a good idea or if it is just the best you can do with an average trading strategy.