CL Redux

Quote from spd:

out 81.90 for a few pennies profit, that was painful.

and I couldnt have been more wrong on the Euro
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You might want to disregard the euro for now, there has been a lack of correlation for the past month or 2.
 
Quote from Speciaul_K:

You might want to disregard the euro for now, there has been a lack of correlation for the past month or 2.
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Thanks, I thought I was making a bad decision.


My internet is good to go now. Hopefully I can still make something happen today. So far Ive either been right, but wrong..or just wrong.
 
I'm really disappointed with myself this morning, no CL trades, didn't trust my intuition on long the failed breakdown in pre-market, then didn't take the short signal off the high because the price action seemed so stuck and choppy. I'm pretty sure if I was trading sim I'd have taken both trades.
 
Quote from NoDoji:

I'm really disappointed with myself this morning, .... I'm pretty sure if I was trading sim I'd have taken both trades.
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It really is astounding what the risk of real money does to us - even with lots of sim trading. I have the same issue when looking at new contracts.
 
Quote from NoDoji:

I'm really disappointed with myself this morning, no CL trades, didn't trust my intuition on long the failed breakdown in pre-market, then didn't take the short signal off the high because the price action seemed so stuck and choppy. I'm pretty sure if I was trading sim I'd have taken both trades.
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The signals have not been so clear today, I had somewhat decent entries twice and am only up like a hundred bucks.

I say good job sticking to your guns, CL isnt your friend, you'll know when its time to sneak in and out of this party.
 
Quote from NoDoji:

I'm really disappointed with myself this morning, no CL trades, didn't trust my intuition on long the failed breakdown in pre-market, then didn't take the short signal off the high because the price action seemed so stuck and choppy. I'm pretty sure if I was trading sim I'd have taken both trades.
More...



Forget about the money, you have already set the risk

Focus on good execution, Repeat to yourself - focus Donna, execute well, look for a good execution.
 
OK, I had no problem taking a sim trade, definitely need to trust, trust, trust. But even with the sim trade, I exited the 2nd half too soon (81.88). I really gotta work on that...
 
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