"Just Oil"

Apr 29, 2011 at 16:28
49,193 Views
1,794 Replies
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:04
I am having an appointment at 11:00 a.m. so, i will miss New York , may be altogether.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:06
There will be another opportunity.
Member Since Apr 29, 2010   50 posts
Aug 22, 2011 at 08:06 (edited Aug 22, 2011 at 08:06)
Just daily rat race sort of stuff. Comes with the territory, the real lesson to be learned is how you handle it psychologically and place those thought somewhere else and focus on the upcoming. Trust me, that is the best lesson to take out of it. This will happen throughout your trading career and I can't remember how many times I've been in a similar situation only to let it impact that day's trading.

Those little creeping thoughts in the back of the mind are more power than we realize. Trading really comes down (After you technically have it down and understand your system makes money) psychological discipline and mastery. The fact that I don't know of 1 decent Forex and Oil trading online 'training' that focuses on psychological should speak volumes for the so-called 95% club!
Live to trade another day...
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:08
LOL, I am currently thinking same thing. it might be another opportunity around the corner. Just need to stay alert now. trend line, daily and Friday's highs. it can be interesting.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:09
I already stated this in my thread that psychology now is the most important.
Member Since Apr 29, 2010   50 posts
Aug 22, 2011 at 08:11
It's almost beyond strange. If you keep yourself in the 'flow of opportunity' mindset (There are books on it, etc), you end up making a lot more pips. In the 'zone' so to speak as Mark Douglas would say in his book 'Trading in the Zone' (highly recommended if you haven't read it, or 'Market Wizards')
Live to trade another day...
Member Since Apr 29, 2010   50 posts
Aug 22, 2011 at 08:13 (edited Aug 22, 2011 at 08:15)
Chikot, I have something really special for you.. here are two interviews with Mark Douglas. This is BEYOND helpful for psychologically. A must hear/see:

It is 7 parts, it is excellent and will keep you engaged.

Mark Douglas - Mind over Market (1/7) -





** Audio Interview June 2005 - https://www.woodiescciclub.com/Lectures/mark-douglas/index.htm
Live to trade another day...
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:13
Yes, I read that book. Very good one but too wordy for my taste. When I was reading it I did not have all the tools so psychology was not as important. Now I have tools and psychology is important. could have been out with nice profit by now.
but that's ok. we have a good range now even if it won't break I think there might be something else.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:18
FXRaider, thank you. I will be watching it!
BTW, the guy who traded stocks on Fear and Greed thread had undergone hypnosis sessions to improve his trading psychology.
The guy is phenom.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:19
You can google Fear and Greed trader. very interesting read and a lot of trading examples for stocks. pretty interesting stuff.
Member Since Apr 29, 2010   50 posts
Aug 22, 2011 at 08:22
This is too ironic. I was going to mention hypnosis as well. I would HIGHLY recommend Rick Collingwood and his hypnosis CD's, he's a very famous guy in this realm. I've been using two of the CD's, they are amazing and pretty cool also. You will see categorization on his website and can pick one that first helps to 'cleanse' any issues you have, then one to maybe expand yourself. Well, check it out - www.mindmotivations.com
Live to trade another day...
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 08:43
I am feeling like I am having less and less issues, but may be hypnosis can do it faster.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 11:51
Just sent email regarding tonight's technical problem. let's see how the deal with it.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 11:57
I just checked the price action around this time with another oil broker. While oil was not responding price actually went to some small profit and there were opportunity to exit at profit or BE.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 13:18 (edited Aug 22, 2011 at 13:21)
slightly up today. If that trade gets returns it will be better. 0.25% up today but was very choppy. gotta go add will continue tomorrow. I should have ended day around London open as my plan was if 81.40-81.50 holds and I was short and price breaks above PP which was 81.75, I would buy. I bought but 25 pips higher which caused me leave long trade too early. Not to mention that my mind was pretty much messed up due to those 20 minutes of getting stuck in trade and not seeing what was going on.
I would also close short trade either at small profit/ BE or smaller loss. so, I believe it is fair to have this trade canceled as I had no chance to manage it. if people check my today's trades I closed many of them before stop was triggered when i felt that price was not acting as I expected.
Member Since Jan 14, 2010   2299 posts
Aug 22, 2011 at 20:05
Excellent, I was refunded for interruption of my trade.

Dear Sir

Thank you for your email.

Support notes that there was a feed interruption during this time for OIL. As such we have broken the trades 8512767 and 8513137.

Please let us know if you have any further inquiries.


Warm regards,
FXPRIMUS Support

Member Since Jan 14, 2010   2299 posts
Aug 23, 2011 at 12:13
Oil again stopped responding and there was gap again. This time I thankfully was not in trade. Contacted live help again to let them know. This has happened 4 times on my watch during last 6 weeks.
Member Since Jan 14, 2010   2299 posts
Aug 23, 2011 at 12:44
Got in trade and it froze on me yet again. I had to close it for -8 pips when it restarted.

FXPRIMUS Online Support:
Thank you for contacting FXPRIMUS Support, I am Bruce, how may I assist you?
:
FXPrimus ID:
FXPRIMUS Online Support:
Welcome back
:
Hi Bruce. . it was again. joil was not responding and just started.
:
ok. I just contacted cause I am in trad ebut oil restatrted again. was out for more than 5 min
FXPRIMUS Online Support:
Please hold i will check with the trade support.
:
it stuck again. I have another mT4 from another broker opened and it is working there fine
:
it starts and stop . on another platform it went up, on my platform it stuck., it start and stop start and stop.
FXPRIMUS Online Support:
I have double confirm from the trade support everything is fine
FXPRIMUS Online Support:
Please print screen the image and send it to [email protected]
:
I cannot use platform. Eur/Usd moves fine but not oil
:
ok
FXPRIMUS Online Support:
The trade support will look into it and reply you via email.
:
I will do it. thank syou
:
thank you
FXPRIMUS Online Support:
Thank you for choosing FXPRIMUS as your trading partner. For future assistance, simply contact us again via live chat or send an email to [email protected]
FXPRIMUS Online Support has left the conversation. Currently in room: .
Member Since Apr 29, 2010   50 posts
Aug 23, 2011 at 12:46
Not good.. another incident? FX Primus better step it up or I'm not going to fund the account I have.

BTW Chikot, I'd open a Singapore dollar account and fund it also, not just a USD. Cheers.
Live to trade another day...
Member Since Jan 14, 2010   2299 posts
Aug 23, 2011 at 12:48
Very bad indeed. I used to trade with them last summer FX never had any problems. I saw it a couple of times before, but now it is 2 days in a row.
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