Blubaru's Trading Journal

Oil almost up-limit- I almost feel like shorting it if it does...

impulse trade at 137.78... and CNBC lied, there is no uplimit to oil apparently.. shit
 
Week 18
Monday

Gold went up and down today in an orderly fashion, closing at virtually unchanged. It behaved well and only had a couple of unexpected spikes. I'm doing more and more trades throughout the day and the commissions are pretty expensive. I could've made more by making fewer trades. I'm 1,400 away from breakeven in the account.
 

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Week 18
Tuesday

Got 4 hrs of sleep last night and I couldn't for the life in me stay awake. I was going to just get in, set a stop, and take a nap. I missed a short entry by 1 tick right before gold tanked. I then tried to counter-trend trade the down spikes which cost me close to 700. I decided to take a nap and resumed trading a little later. I traded a little scared today, not knowing if the downward trend was over and not willing to go long anymore. I did manage to pull the trigger going short and slowly turned my early loss into a profit.
 

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Quote from Rtrader2525:

good job man, it's been a pleasure watching you "iron out the kinks" keep it up
More...

Thanks rtrader. And thank you to whoever has been keeping up with my journal, and especially to those who have given me feedback over the months. I wanna also especially thank ammo, who's given me regular feedback since I joined and also sent me PMs checking on me and such. Though, I'm definitely not completely confident in my trading method and I'm not outta the woods by a long shot.
 
Week 18
Friday

I took a short break for a couple of days because of some obligations (had to help the sis move) and didn't trade much. Today seemed like a super slow day for gold. Not good because I was trying to hit 20K today, where I started the account some 4 months ago. I averaged down a loser twice on my last trade. A risky move, but I was pretty sure gold was ready to reverse at the 3rd contract I put on short. And it didn't of couse. I had a couple opportunities to close out at breakeven on the 3 lot trade and finally decided to take it just now. I guess profitability will come next week...
 

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Week 19
Monday

Woohoo. Made a profit in the account! I started off with a big deficit, I tried shorting the freight train that was gold this morning, and got hammered pretty bad but luckily it drifted back a little and I closed out at a smaller loss. After that I just churned the account and even traded into the after-hours to get the account into a profit today.
 

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