Emini Futures Trading / Between The Lines
March 17, 2011 at 12:44 AM Between the Lines
Sunday night when we published our Weekly Trading Zones for the CFRN Partners we listed 1244/1245 as our lowest zone for the week. The week isn't over yet but it sure made for a nice trade so far... eh?
;)
A-B was good for 18 points
B-C was good for another 18
C-D was good for 18 (so far...)
That's 54 points in 12 hours. That's $2,700.00 per contract. How many contracts do you trade?
Most system guys would just leave you hanging right here with a great big 
button. But hey, you know me...I'm gonna' take it a step farther. I'm going to go where few fear to tread in this business. I'm going to stumble into the Emerald City of Emini Reality. I know, Crazy Talk! Our competitors all cringe when I do this. I think that's what really motivates me. Not nobody, not no way, not no how, did anybody get all 54 points.
Once again for dramatic effect -Not nobody, not no way. Period.
So why do I even bring it up? 3 Good Reasons -
#1) Chafe the Charlatans
#2) Use the cool sound files hyper linked above (click 'em)
#3) Chafe the Charlatans
But I digress. My real point is simply this - If you knew the lowest weekly zone and bought it, you did good. Period. That's all...
Oh wait, I guess if you were "by chance" short from the 1294/1295 Weekly Trading Zone you might have seen the 1244/1245 WTZ as a spot to ease out and/or lock in your 50 points of PROFIT before the bounce.
Did I do it? Nah. Not no way. Not no how.
I'm just not that good...... I'm mediocre at best. But when you have really good numbers even the mediocre trader stands a chance. Amen?
I'm so far out on this limb let me leave you with a thought you won't hear elsewhere...
We should all strive for mediocrity, instead of settling for excellence.
- Work to live, don’t live to work
- Find joy in a balanced life
- Don’t lose sight of what is important
- Don’t bring work home
- Enjoy the down time
- Understand that being mediocre is totally acceptable (more important - it's acheivable)
I believe that most people could do with a healthy dose of mediocrity. Chill out and enjoy life!
Pray Hard and Trade Safe!
CT
ps/ if you would like to pursue a trading career of mediocrity - we can help you touch that reality
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