Monday, July 19, 2010

Nat Gas Setup

Here's the setup I used to enter NAT GAS futures (7-15). As soon as I saw
the low doji (blue line pointing) I placed my buy stop order one penny above
the high of the doji. This was a very low risk trade with my stop order @ 4.25.
The volume exploded and the rest is KA-ching!!! This was a buy stop order
I placed at the same time (exact time) it exploded to the upside. Because
I'm looking at so many monitors, time frames and markets at the same time, I
don't always have time to post why I'm entering a trade. It amazes me how people are still complaining about what what I share either before or as I enter a position
ie I didn't post when I got stopped, I didn't explain, I didn't post the stop
or the target, I was late posting etc. I do what I do because I love to help
people learn how to be successful in their own right. I want people to understand that if I can do it, ANYBODY can do it.


I'm not selling anything. I don't ask for anything. I just LOVE WHAT I
DO! I have fun with it, I make money with it, and I want to help people understand that you don't have to be a financial wizard with a long string of degrees to be a success. Look at what I've accomplished: I'm not from the financial arena, I'm self taught, and I make money AND have fun with what I do. Anybody that wants to invest the time can learn how to do what I do. Just takes the application of some time, some attention and some common sense.


2 comments:

  1. Thanks for the explanation Jim. It was a beautiful trade which I did not see coming. Just ignore the people who are complaining as I don't think that you owe them.

    ReplyDelete
  2. Thank you... I appreciate your kindness...

    ReplyDelete

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