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Inspired by over 2 months of winning sim and the success of my Passed Trades log, I decided to take each pullback trade today regardless how marginal. Picked a bad day to grow a pair, 'cause my first 3 trades were losers. Made 2 mistakes: Got a little confused switching back and forth between...

When I got in this morning and fired up my platform, 6E had just formed a nice pullback entry. Since I hadn't gone through my morning ritual yet of checking the news, marking up my charts with S/R lines, and reading my plan over, I opted to pass on the trade. 10 minutes later when I was ready to...

Better today - more relaxed. I think trading only 1 setup is the way to go for me. I still noted other setups, but wasn't tempted to trade them. I just recorded the stats. Only 2 negative things: I missed a valid trade on 6E because I was annotating a chart and thinking about something else...

Thanks FD. I'm only beginning to dip my toe in the water of trading break outs. Today I watched the DOM as price hit them, and it happens so fast, I'm not sure how many times a 10 tick stop would survive. It all depends on where you're filled. I know a lot of my trades are counter trend, but...

Hi Matcha, I do appreciate your feedback. Thank you. I know I do tend to counter trend trade, but it's not my intention - and I think I'm getting better at it. The reason I took that first short is because I saw price flattening out, then fall on increasing volume. I waited to see which...

Thanks NoDoji - how did you finally break free? I just finished an hour of simming last Tuesday, took every setup, and came out way ahead. Same thing during yesterday's sim. There's a little voice inside screaming to get out. I've been waiting for 2 pullback bars before trailing a buy or...

Not happy at all with today. I don't know if logging my Passed Trades is a help or a problem. Any time there was the slightest doubt about a setup, I logged it in the Passed Trades log, passed on the trade, then watched it turn to a winner. There were 4 winning and 2 BE trades in there...

No CL trades today - way too whippy for me. Had 3 6E trades for a net of -10 ticks.

Was out of town yesterday and had to do office work today (plus leaving early), so no live trading. CL was too whippy for me while I was watching early this morning, but took 2 sim trades in 6E for 5 ticks. Per Handle123's recommendation, I sim'd ES today, doing my best to pay attention to...

All excellent observations - thanks. Believe it or not, I do have a set of rules and setups. Today I violated some and paid for it, as it should be. I really was almost too embarrassed to post that chart. And ... believe it or not ... I am trying really hard. Why do I do this, you ask...

Not happy at all with how I traded today. When I look at my 2 CL trades it looks downright embarrassing. My second trade in CL was a clear violation of a rule. I read these things over every morning before trading. What I usually do (and didn't today) is read the setup rules again as I see it...

Thanks for this. I did make two attempts to short those first 2 pullbacks, but I did so on limit orders and missed them. As NoDoji points out, there's a little bit of luck involved in getting filled trading that way. I didn't want to step in front of the green bars because I was worried about...

I'm trying to pay attention to those plays, but CL tends to retrace a lot and stop me out. 'spose it's my placement of the stop order - still trying to learn. I've noticed that 6E doesn't have the retrace problem that CL does. Might start there.

Lesson number one in the Steenbarger book.

Things moved a little fast for me today. There were several signals on CL that I took but wasn't filled on. At 06:40 I had signals on both CL and 6E. I chose to trade only 1 market and picked CL. My order wasn't filled, but the 6E trade would have been very nice. I'm quite happy about that...

CL way too whippy for me today. 1 trade in 6E for +3 ticks. Ho Hum.

Decided to call it an early day today and go out and enjoy the rain. Volume on CL has been really light. Up overall, but not much. Trade #1 After a big rise and pullback, CL made a double top. Went short after the 06:05 bar and entered on a limit order. Since the trend was up, I...

Too much holiday cheer over the weekend. Slept late, butt draggin... no trades.

Trade #1 Short at 87.48 at resistance with a 9 tick stop. Got stopped out with 1 tick slip. -10 ticks. Trade #2 After price popped through resistance, when long 87.60 and took some heat. Price turned around, then moved my stop up and got out. +4 ticks. Trade #3 Another counter trend...

Overall I'm happy with my CL trading, even though I only ended up 2 ticks on 4 trades. I managed the trades well and didn't jump to BE at the first opportunity. The one mistake I made today was a failure to note the S/R areas on my chart (got distracted with email). This caused me to take a long...