Have a plan – if the market sticks to the plan – use whatever method you have to enter the market – it could be the super duper moving average criss cross or one of my methods but align yourself with the market and you will see success.
Many people ask if zone trading or TotalTrader only works on Crude Oil (CL). Of course, it works on anything you can buy or sell. Here is a video of the YM contract today, November 20, 20112. Nice profits – easy money.
To day trade successfully can be challenging – you have to stay focused – you have to take profits when they are handed to you – you have to be able to react quickly and decisively. Here’s a video showing one way to view the market: CL, NQ, YM, ES, […]
Fairly simple day trade today – just going with the common sense market principle to not buy when everybody is selling and not sell when everybody is buying, although at trade entry it appears that you are doing the exact opposite. At entry, it appears that you are buying when everyone […]
Sometimes we get stuck trading one instrument (I do! I love Crude Oil); but as with other many areas in life there are other fish in the sea. I have been watching NQ for a while and used to trade it using another method. Today, I decided to jump in […]
Buying turkeys is a lot like trading crude oil or any market for that matter. In fact, it is exactly the same except the turkeys make a lot more sense and we generally wouldn’t make this mistake buying turkeys that we make in CL, or YM, or ES, or the […]
The Crude Oil contract can be tough to day trade successfully. If you’ve traded CL at all, you know what I mean. So you have to find an approach that puts the odds in your favor. I do this be clearly defining buy and sell zones as I trade. The […]
Every wonder why when you day trade Crude Oil, the CL contract, price seems to turn for no apparent reason? Check out the video: <<<em>strong>p>
I did not trade today. But here is a recap of the trades that printed:
Ever wondered do I let my profits run or do I take profit quickly? Watch the video below and gain some insight as to when to do both. I think of it as running for a touchdown. If there is nobody in the way, haul your buns into the endzone. […]