Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: No you post the trades in advance/Gian


Yeah, it is a lot of pressure. However, so long as I can curb my psychological drive to over trade, I should be ok.

Soymeal was an example of my biggest flaw. I caught a little trade near the end of the day's move Friday and made $96.00 a contract. Then later I saw a similar set up, but with a distinct warning sign...I ignored it. As soon as I got in the trade, every warning signal the system has went off. I got out with a $54.00 loss.

So, I still made money for the day (especially if it had been 10 contracts, instead of just one), but if I had resisted the urge better, by *Not* placing that second one, I would have made more. It's my biggest chronic problem.