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OK, I was stupid and playing with fire. I got lucky and got out with $30 profit but I definitely wont do it again. I'm almost give back all the profits I gained for the last 3 days and I'm not proud of it. I took CL trade, all 3 15 60 minutes are all oversold, went in 46.8 and add more at 46.74, had to wait an hour, and got out at 46.78 & 46.79
I guess GOD of Gambler still on my side and I have a feeling I'm pushing my luck too hard on this one . I just wanted to have a quick trade for the night and didn't see anything other than CL....yeah that was a bad choice.
But I do now know why people trading CL, you definitely getting paid big if you trading it right, but unfortunately it's not for me at the moment. Coming from treasuries, now trying to do ES is quiet fast already...CL is just out of my league. When that time comes, I should try it out on SIM101 account instead of my combine account!
Can you help answer these questions from other members on NexusFi?
What a day, that crazy CL just jumped...anyway, did ok, but things just slowing down so I just try to small scalp here and there and just going to call it a day. One thing I notice that most of the calls I made was actually pretty good. But the fear is still there and I'm just not experience enough to know when to hold or to fold, hopefully that day will come sooner than later. Lets GO!!!
CL can certainly be exciting in that way. Today was a whiplash move, totally out of nowhere fast, and for no reason that an average retail trader could foresee.
Could be a sign of a raucous and volatile winter-trading session coming up for the ol' Texas Tea. A lot of influential situations are starting to converge now that may bring that to bear. We shall see. Popcorn market!
Successfully made several quick scalp on CL last night and this morning, I was going to call it a day since the market moved really slow after 2 back to back announcements. I was waiting for ES dump toward the end of the day, and luckily it happened. Quick scalp here and quick scalp there...I like it.
Hi rin. I haven't traded live since beginning of August, so nothing to post there since sim is no longer worth the effort to post. I'm still practicing in sim and am trying something new with offsetting positions. Right now I'm only feeling comfortable with trading the MGC live, but I still have some psychology issues to get over with the entire live thing. August was a month of severe financial trauma for me a year ago in live, and I CANNOT repeat that same mistake again.
@HoopyTrading regarding SIM trading I really think you're thinking too much. I know people here don't like to read or think it's unimportant because it's a SIM. Well, this site is having a journal contest for NT starting next month, not sure if it's only for the elite members, but I don't have any NT license (not sure if you do) and it's a good thing to enter and maybe get something out of it + keep being discipline.
Hey...September is coming soon, hopefully you can forget the past mistake, learn from it, and just looking forward...everybody has a dream to be successful in trading and there's nothing wrong with it, that's why we're all still here. Let's go!
I believe I'm done for the day. I will check once a while and will only trade more if it's on the extreme side of things, got the dough for the day and not going to give it back!
Was still in the office and saw great opportunity, short for quick 3 ticks. Went home early and about 1:30 I saw another opportunity for a quick trade, place the order but wife told me to stop playing...and couple minutes later it bursted to the outside...oh well
Done for the day, the goal is reached and don't won't to be too greedy. $610 left to tackle for another 12 days (expire Sept 13th). Don't be stupid, I can do it!!!