CM Traders


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CM RoadMap: typical intraday price reaction


Typical long & short trade entry + pretrade measured price objectives
for CM Trades

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CM Public Videos
Youtube videos page link here

CM RoadMap: YouTube Video link here
CM Dynamic Pivots and TrendBender: YouTube Video link here

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Truths About Trading
Years after the day I started trading when it dawned on me that much, maybe most of what is held out to be solid trading info is false. Trading is a simple (but not easy) combined act of the following…

  • believe what you see => trust the system
  • focus on risk/loss control at ALL times
  • minimal trades are always preferred (resist over-trading)
  • determine where/when price direction exists (trend)
  • determine where/when sideways chop exists (avoid)
  • identify key turning points on your chart (resistance and support)
  • develop a method of trade entry around these key S/R zones
  • determine a risk-loss limit balanced between $$ amount and price behavior
  • determine a profit-objective plan based on $$ amount and price behavior
  • set a daily max-loss limit based on $$ amount and price behavior
  • select a daily profit-objective based on $$ amount and price behavior

That’s the equation. Pretty cut and dried. If and when you manage to put all of those pieces together, then you have a long-term winning = profitable approach.

CM Methods Of Trading
The good news is you can have a defined set of structured guidelines and parameters to base your personal choices for trade entry, stops management and chosen profit exits. Each who knows this method of trading will see the exact-same thing while using identical charts.

Of course the reality is that traders will use various charts with various settings for various market symbols. This is what ensures that any method or approach cannot be rendered worthless due to trader “saturation” where too many market orders in the same exact price location would overwhelm said market. The ability for each trader to personalize his or her charts and approach is the fundamental reason why those traders can use the same approach with similar charts for similar results overall.

CM Trading Program
The new CM Trader Training program is available now. Includes…
all necessary chart tools
continual email-based support
videos training tutorials covering intraday and swing trading
real-time phone text and/or email trade activity alerts
real-time (email-delivery) trade activity chart images marked

Detailed information and invitation to join available by email request: austinp@coiledmarkets.com

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U.S. Government Required Disclaimer Commodity Futures Trading Commission: Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options.

No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Testimonials appearing on this site are actually received via email submission. They are individual experiences, reflecting real life experiences of those who have used our products and/or services in some way or other. However, they are individual results and results do vary. We do not claim that they are typical results that consumers will generally achieve.

Posted in About Us, Trader Talk | Leave a comment

Same Story, Different Week

Another week in the life of a trader…

Monday was range-bound, flat and directionless.Not much to work with. One trade signal, one stopped loss before price went modestly in favor of direction. typical rollover day, seldom offer much more than one lone price move, often none at all.
(two-lot CL result: –$100 per)

Ditto for Tuesday. Directionless chop, exited working trades aggressively.
(two-lot CL result: +$410 per)

Following two prior sessions of sideways drift, increased position size to four (4) CL contracts worked from 10:35am est onward after the weekly inventory report. Choppy upside drift… all long signals were stopped out along the way higher.
(four-lot CL result: –$187.50 per)


Energized sideways chop. Had a four-lot long progress $800+ in favor and v-turn right back down. Had a four-lot short progress $1,200+ in favor and v-turn right back up. Took small chunks from each of three moves and ceased further attempts. No interest in sideways whip tapes once they reveal themselves in real time.
(four-lot CL result:+$227.50 per)

Once again, early price movement was ranged and staccato. Premarket long for -15 ticks, followed by pit-session longs of +15 ticks and +25 ticks to wrap.

(four-lot CL result:+$252.50 per)

[Week’s Result:+$602.50 per]

Outlook
Next week includes FOMC meetings. That coupled with USD/bond markets roiled now have kept CL prices churning sideways. Anything can happen inside any given day, but I’ll continue to exit aggressively each time CL hits premarked potential S/R stall points on my charts.

Eminis? Why Even?
Someone asked via email the usual question I’ve fielded umpteen hundreds of times in the past: “does your system work for the ES?” The correct answer would be, “define the term work“. When I look at any timeframe or setting ES chart, all I see is a low-volume, illiquid, chopped-up mess. Price spurts and jerks every which way at the whims of dominant algos. Hey listen, one can put lipstick on a pig but in the end it’s still a pig. One can insist on trying to trade whip-chopped markets/symbols but in the end your account balance will be summarily whip-chopped too. Like it or not, facts remain facts.

Hence my current sole focus on CL futures for intraday work. There are trade-size limitations to this market along with ALL other markets in today’s modern financial markets world. Liquidity is an illusion. In reality they are all thinner than any time prior in the history of electronic trading. Due to fewer participants making fewer individual decisions overall. The way it is, adjust and proceed accordingly.

Anyone Can
Anything I’ve accomplished here in the recent past can be accomplished by anyone else. Why not? Nothing special or magical here, just a highly effective trading approach applied to a rather methodical market with self-management and discipline in place at all times. A defined business plan followed. Simple.

I am willing to share with and teach any trader who is serious about creating their own success. But by the same token, I really don’t care if not. The education process I offer is designed to help people succeed. Anyone else can keep doing what they’re doing now, and I’ll keep doing what I have been doing as chronicled in here. We all have choices 🙂

Starting Now
The new CM Trader Training program is available now. It includes…
all necessary chart tools
continual email-based support
videos training tutorials covering intraday and swing trading
real-time phone text and/or email trade activity alerts
real-time (email-delivery) trade activity chart images marked

Detailed information and invitation to join available by email request: austinp@coiledmarkets.com

See You Inside
Austin
austinp@coiledmarkets.com

Posted in Trader Talk | Leave a comment