tag:blogger.com,1999:blog-6514320583233596209.post4962564608149705234..comments2024-02-14T04:18:59.786-06:00Comments on MBAGearhead Trading Journey: Fri. 11/30MBAGearheadhttp://www.blogger.com/profile/05917765623543508978noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6514320583233596209.post-85335579485129424622012-12-07T01:25:38.982-06:002012-12-07T01:25:38.982-06:00Hmm, I am quite serious about this. Puppies depend...Hmm, I am quite serious about this. Puppies depend on external stimulation, like from news, or ZN or ES. Then they over react, the rotation amplitude can be high.<br /><br />I would NEVER risk my capital on something like GC. Ever. I don't need to. Lately I am extending that attitude to CL and 6E. Am I right? - or wrong? The answer is always the same - what the target per month and year? and what is average risk per trade set-up.<br /><br />I cannot find a coherent reason to trade puppies, and I dislike the typical retail trader's reason that these slaves have big swings, all retailers want is action. I used to as well. I dislike that reasoning.<br /><br />My 2centsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6514320583233596209.post-85640207204381692472012-12-02T18:58:48.888-06:002012-12-02T18:58:48.888-06:00Puppy markets? LOL More like greyhounds, they are...Puppy markets? LOL More like greyhounds, they are very zippy.MBAGearheadhttps://www.blogger.com/profile/05917765623543508978noreply@blogger.comtag:blogger.com,1999:blog-6514320583233596209.post-85725561355298392192012-11-30T15:19:17.261-06:002012-11-30T15:19:17.261-06:00I would say something positive...but the only thin...I would say something positive...but the only thing I can think of, is this - <br /><br />News driven markets, driven by order flow bots will create havoc in low volume "puppy" markets. These are pretty much everything aside from ES and Treasury bonds (ZN).<br /><br />As a pro trader your job is to manage risk. Be very, very careful with these puppies - CL, GC, TF, 6E et al.Anonymousnoreply@blogger.com