Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Thursday, July 23, 2020

A little something...+1.5%

Mortgage business has been CRAZY last few months not to mention covid-19...been trading a bit here and there. A couple of weeks ago I started looking at other markets besides crude. I did this because CL has been lazy after all the volatility at the beginning of covid and I need faster moving markets or I get bored and that is death for my account!!

I looked at gold, es, a couple of currencies and finally settled on NQ. I like the way it moves quickly at least so far, price per tick is only $5 which helps me control risk a bit better than CL and it tends to respect levels a bit better than CL or at least that is my perception.

Have done fairly well with it so far and at least for now, will stick with it.

I had a full blown computer crash a couple of weeks ago as well and did not have time to replace for a few days so I grabbed a 5 year old laptop from my daughters room she wasn't using, went through all kinds of Microsoft updates to get it ready and for the moment I am trading from that with a 27 inch monitor. It works but its a bit slow.

I made a quick video today using Jing which was also upgraded. I don't think this machine can handle much more in the way of video software so no embedded video today! The audio is awful as I just used the old laptop's mic and I was speaking pretty softly.

Today's trades


1 comment:

  1. Your perception is correct, NQ and CL among the CME/NYMEX complex obey price action more fully .....than, say ES. Or you could always trade ZN.

    And CL liquidity is gone because so many CL funds are blown up....it will return, but maybe not soon....in the meantime between CL and NQ.....I would choose NQ myself

    Godo Luck

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