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good call! I wish I hold short overnight

too tight stop if you want to catch a $0.3+ point move. or need be more patient to wait for the exact setup, in that case, even 0.03 stop loss can not be stopped out. stop loss is a good tool to manage risk, but can not be overused to some extent. it has its own merits and shortcomings...

qm (0.275 point gain) bought QM at 81.075, did not take the profit in the first thrust, then fooled by the drop back, gout out just in the break out thrust. then try to short it at 82.175, but feel uncomfortable because of yesterday's strong rally, missed it. try to buy it at 81.3 with a...

looks you are in similar situation as mine. I have a tiny account at 4.3k around, a little better, but almost the same. when I saw your tiny account and still fighting, I felt I am a big gun. actually you can zoom in on penny stocks under $1, it will magnify a tiny account into a big...

you traded too many things. I think Focus is very important. Everything is moving all attractive, but there are full of TRAPS. there is no obvious reasons behind most moves. the only thing which drives those moves is trader's emotions. logic means nothing in trading. you cannot fight...

one trade on QM 0.175 gain, bought it at 79.7 in the thrust and sold it at 79.875. crude opens at 79, and closes at 81.25 moved 2.25 points obviously the market beats me far more than 10 times. the whole day I was busy with preparing a layoff lawsuit, actually I am not in a mode to...

day: 100+(see attachment in beat the market thread) week: 550+ not worth mention it. did not beat POL from the closing. a loser and a chick on sweet crude

if now I already beat the market, then I am not here to launch this journal. I do did three live trades. initially I plan to short SOMX in the morning for a profit-taking ride since there is no share to short. I noticed POL. I thought I am in paper account, but actually I am in my real...

no live trading today, warm up day today I will study the ways how I can beat the market, try to lay out a trading system which fits me. since my account is tiny, I can not afford to hold overnight position, I can not hold a position which is against me more than 3% of my account value (in...

did some warm-up trading in sim account. but as you know paper account is totally different from real account. my account is very tiny, just around 4.3k. even not enough to trade 1contract of sweet crude (overnight). my emotion runs high. when I do live trading, I felt I am gambling either...

why try to short SOMX? when I turned on my computer, I saw 7.9+, I want to buy it. but since my account is flagged as PDT, I have a small account just around 4.3k, it is a perfect great breakout trade(thrust then leg down, then go through morning high). I immediately bought 10k at my paper...

$7.7 early morning around 2:30am for batheroom, peeked the market, did one,felt not worth it, get out with one tick gain. did a paper trade on May crude, bought at 82.03 and sold it at 82.85. wish it were a live trade in my real account! off this afternoon

human brain is linear. when I feel bullish about crude, I did not see the nice drop this morning, just see what I want to see,i.e., the drop exhaustion bar or reverse bar. when I look back, why I not short it in the opening thrust bar? that is why schiz did several shorts yesterday just in...

sorry about that.

again, I saw the sudden drop. I bought it in my paper account, what a waste. I bought it at 82.03(May contract). hope that can be transferred to my real account. you guys are fighting with the big trend. NG is a good short acutally

crude really is very volatile. I did not trade crude today. I was watching NG in the report. just nervous about shorting in the drop, did not do anything. put it backwards, it looks so easy. the long-term trend is going down, I felt it will go through 4 and it will be traded under 4. I do...

so far in crude, profitable. admit hard stop is kind of useful since mental stop sometimes easily mess things up(fat fingers, but I never it runs into $0.3 loss in crude). but I normally do not use hard stop. I think lots of sudden bursts/drops are caused by hard-stop, unfortunate souls, I...

better not use hard stop loss in this case. since your sense already told you the rally will be exhausted pretty soon. normally I will not enter trade before the closing. sweet crude is wild in the closing. some people like me just have a tiny account are forced to cut loss or book profit, that...

did not make any thing on the 82.25 entry, then slept again. I put a limit buy at 81.8 with 0.2 hard stop loss. just woke up this moment, man, off 0.09 cents. I am thinking about trailing stop buy, but the bumpy movement makes me uneasy about trailing stop buy (it is not suitable).

it seems to me you are fighting the market. the time gap between two shorts are too short. my suggestion is when first trade does not work, reverse it or wait at least 20minutes or half hrs to enter the same directional trade. I was buying QM at 82.25 now for APRIL with 0.2 stop(mental, not...