I'm basic and have a question about CL

just go for it!! just only allow yourself to make one trade per day on what you feel is a super sweet setup (failed b/o or successful b/o) on 5 min or 15 min. You can make 300 bucks in 1 minute. Risk 150 to make 3 or 4 hundred. Word of advice, stay away wed. mornings unless you're a master fader. I'm assuming this is just fun money that you would be pissing away on pot or whores anyway. Oh yeah... why is it just 9900?? What happened to the other 100 bucks?
 
Quote from Nostradamus357:

I'm feelin it - I'm feelin it

So what are my chances of making 300-400$ day on one lot / with 9900?

Once you get a feel for CL .30-.40 consistent on 1 lot is reasonable.
How long until/if you ever get a feel for CL is your business, noone on this board can help you with that one.
 
Quote from spd:

Once you get a feel for CL .30-.40 consistent on 1 lot is reasonable.
How long until/if you ever get a feel for CL is your business, noone on this board can help you with that one.

couldn't agree more. thx for the reassurance here
 
Quote from Nostradamus357:

what's up with wed mornings and at what time?


EIA Inventory report. 10:30am eastern time. Do not trade.
 
What's interesting is now that i look back on Wednesdays i realize that these periods of high volatility actually played into my strategy and the funny thing is is i didnt even know why! veddy intedesting
 
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