International markets traders banter

[kid hustlr]

Not sure if it's the nature of the market at the moment but I seem to have my stop taken a lot and then have the trade go my way. Anyone else experiencing this or am i just horrid?

Perhaps its the nature of the current market - choppy price action, looking for longer term winners might be an error - i should be taking 10-15 point winners rather than reaching for 30's and 40's and also be more patient when entering trades, god knows im getting the opportunities.

 

[cynic]

Not sure if it's the nature of the market at the moment but I seem to have my stop taken a lot and then have the trade go my way. Anyone else experiencing this or am i just horrid?

I don't know whether this is applicable to yourself, but it is a disturbingly common experience for those trading OTC derivative products where the broker/provider is the counterparty.

 

[fiftyeight]

I switched back to CFDs due to reduced funds while building.

When stopped out on a fut to the tick or 2 its super frustrating but it happens.

CFDs it just feels much more sinister. Was that legit or did I just get fu...?

 

[kid hustlr]

I'm trading the real thing. Still on the learning curve I think. Left a huge amount of open profit on the table the last fortnight.

Wait for retests, stop looking for home runs etc etc

 

[cynic]

I switched back to CFDs due to reduced funds while building.

When stopped out on a fut to the tick or 2 its super frustrating but it happens.

CFDs it just feels much more sinister. Was that legit or did I just get fu...?

One can anticipate trades failing with that spooky degree of precision every now and then.

When it starts happening to every second or third trade, then it seems pretty clear that somebody (presumably the counterparty) is profitting by targetting the stops.

 

[Wysiwyg]

Wait for retests, stop looking for home runs etc etc

That has been my greatest shortcoming. Holding for the longer move that doesn't eventuate. Well, not while you're holding on anyway. The game "they" play is no obvious moves and shake holders out before the larger move. If they know you know it is different again. :bad: One option is to take half or more off and close the rest at a pattern or trend breakdown or trail price with a stop exit. No prisoners.

 

[Joules MM1]

and this

https://www.aussiestockforums.com/f...24462&page=196&p=907218&viewfull=1#post907218
https://www.aussiestockforums.com/f...24462&page=196&p=907115&viewfull=1#post907115

 

[kid hustlr]

J,

You talk in native speak either on purpose or not I'm not sure. That being said I hear you and your point on this occasion and came to the same conclusions at 6am this morning.

The concern now is she adjusts again to a different beast and I don't adapt, looking to play last weeks game in this weeks tournament.

 

[Joules MM1]

J,

You talk in native speak either on purpose or not I'm not sure. That being said I hear you and your point on this occasion and came to the same conclusions at 6am this morning.

The concern now is she adjusts again to a different beast and I don't adapt, looking to play last weeks game in this weeks tournament.

the challenge i find, largest, is reading the context of some moves to tell me if there is a decent shift is at hand, typically the lens is volatitility thru options, as a first hint, that in the immediate session ahead traders "seeing" and adjusting to liquidity needs, meanwhile there is a fundamental shakeup in commodities going on, while many(i included) expected more of the same in deflationary terms, there is clearly a buy-side liquidity move into commodities, there is clearly an uptick in equity/index volatility, typical expanding price with, typically catching most players in a dream-state of old price swings....typically i get caught in a cupla traps and snap out of my dream-state to ask the correct questions about how liquidity is travelling and refocus on what needs to be done......generally speaking ....at the same time, as i've placed in this thread, retail has had an extreme sell bias seen thru the cfd lens in the region of 80 to 90% sell positions, so did i expect the swings to be wider, yup, do retail get trapped selling way too early, yep, buying rebounds way too late, yup...

context and relative size ....everyone gets comfortable to some extent in yesterdays context and relative price sizes


and sometimes i get lost on the etiquette of chat sites

 

[CanOz]

and this

https://www.aussiestockforums.com/f...24462&page=196&p=907218&viewfull=1#post907218
https://www.aussiestockforums.com/f...24462&page=196&p=907115&viewfull=1#post907115

View attachment 66773

This is really valid, one can avoid this chop with a bigger account and just trading value....

 

[kid hustlr]

No need for etiquette we are all numbers in the screen. The value of those numbers to me just vary (you and TH on one end GB on the other).

Your musings here like often do little but confuse me though, yes there's plenty going on across the globe driving forces but for me most don't matter, we're trying to buy high and sell low intraday and all I care about is what's working in the now.

I'm confident my plan and style is fine it's just understanding how that style operates in different conditions which is the key. There's a level of manoeuvrability which is required.

I see my old posts in the ftse thread and laugh how far away I was. I guess that's the 10000 hours thing. Like the market itself im cautiously bullish my ability

 

[Wysiwyg]

context and relative size ....everyone gets comfortable to some extent in yesterdays context and relative price sizes

I notice the CBOE Vix has been in a tight range of 5 points for a few months now with no real sign of a break out in volatility yet. Will be looking for that break out and post it up here for viewers in the future.

 

[Wysiwyg]

In a longer term view I could take a guess at comparatively stable conditions for some time but knowing that predicting the future is not possible, I won't guess at all..

 

[fiftyeight]

]

View attachment 66773

Great illustration of key point I am trying to work on atm


I also find your posts very interesting but often I am not quite sure what I am looking at or reading haha

 

[Modest]

2nd photo looks like a classic distribution pattern (to me )

 

[kid hustlr]

Was long that FTSE twice and couldn't hold on then she rips like that. Net even for the night hate to think what happens when I'm trading the wrong direction

 

[cynic]

Was long that FTSE twice and couldn't hold on then she rips like that. Net even for the night hate to think what happens when I'm trading the wrong direction

Is there a right or wrong direction? It seems there are small opportunities for both directions at present.

 

[Userman]

New Carolin Gold - News - Completes Private Placements

LAD-TSX.V



Completes Private Placements



May 19, 2016 -- New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD): Further to its news release of April 18, 2016, the Company is pleased to announce that it has completed its two concurrent non-brokered private placements of units totalling 14,690,000 units in the capital of the Company for gross proceeds of $1,028,300.

The proceeds from the offering will be used for exploration on the Company's Ladner Gold project and for general working capital and corporate purposes.


About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.


Mr. Robert Thast CEO Video http://www.newcarolingold.com/blank-page/

For additional information, please visit the Company's website at www.newcarolingold.com.

 

[kid hustlr]

Is there a right or wrong direction? It seems there are small opportunities for both directions at present.

Agreed.

It's actually a pretty good market at present in my view

 

[CanOz]

Composite profiles for the FTSE, ES, SPI, and FESX