+$450 Day
+$2420 Week
Crude opened off a mild pre-market downtrend and so I had pretty strong short bias (like when donât I?). I ended up scalping instead of trusting any particular trade to follow through because the price action was so whippy. I put on a trade and had a big picture view of where price should go, but was unable to relax and trust the trend, moving stops too soon and leaving perfectly valid targets on the table. I took a break to clear my head, returned and saw a setup that with all my heart I felt would be stopped out because of all the thinking I did, but it was a valid with-trend setup (never too low to short) and so I reluctantly put on the trade, put in the stop and target and sat on my damn hands. Voila! Target lifted! Made more in that one trade than in the other 8 trades combined, hopefully cementing a lesson in my head.
I likely am unable to trade any more today (recording session later), if by chance I do will post update.
Have a great weekend!
+$2420 Week
Crude opened off a mild pre-market downtrend and so I had pretty strong short bias (like when donât I?). I ended up scalping instead of trusting any particular trade to follow through because the price action was so whippy. I put on a trade and had a big picture view of where price should go, but was unable to relax and trust the trend, moving stops too soon and leaving perfectly valid targets on the table. I took a break to clear my head, returned and saw a setup that with all my heart I felt would be stopped out because of all the thinking I did, but it was a valid with-trend setup (never too low to short) and so I reluctantly put on the trade, put in the stop and target and sat on my damn hands. Voila! Target lifted! Made more in that one trade than in the other 8 trades combined, hopefully cementing a lesson in my head.
I likely am unable to trade any more today (recording session later), if by chance I do will post update.
Have a great weekend!