RESULTS FOR DAY | |
---|---|
Cl contracts: | 14 |
Net $P/L: | -515 |
Wins: | 7 |
Losses: | 7 |
Win%: | 50 |
Avg$Win: | 35 |
Avg$Loss: | -108 |
1 hour ago
A daily chronicle of results of one retail futures trader trading my own accounts. I define myself as a day trader and generally swing for at least a few points most of the time. But I do make the occasional scalp for ticks too.
RESULTS FOR DAY | |
---|---|
Cl contracts: | 14 |
Net $P/L: | -515 |
Wins: | 7 |
Losses: | 7 |
Win%: | 50 |
Avg$Win: | 35 |
Avg$Loss: | -108 |
It looks like you have been trading for 10 years. Do you look back at your trades? What is your "edge". Most of your trades lately are CL ... do you know what the cycles are for CL? The cycles have been there for at least 10 years since I followed the contract. Do you try to follow trends? I can look at your charts with nothing else and find points of entry with no more than .15 of stop loss (assuming no slippage) with at least 2:1 edge. Can you? Do you see HH/HL? Do you see LH/LL?
ReplyDeleteAlmost every day that you publish your results you should be able to ID either missed trades or where you took the exact opposite of what you should have taken. Just because a long trade doesn't work you should not immediately get out of the long and then go short. That is a clear sign to me of frustration.
Why are you trading the CL versus something much easier like the NQ? I could go on and on and on ... please save what remains of your account take some time to see very easily identifiable trends. Trade pullbacks into those trends. Stop making your trading life so difficult. I can help you if needed. Respond to me. Don't give up but DO take a break.
I am not an expert or trading god. I am however profitable. It has taken me over 15 years to get here and I have been trading almost 20. I have followed you and admire you posting REAL CASH trades. This gambling business sucks and is almost impossible. But, it can be achieved with a lot of time and crazy effort.
"Respond to you"? You don't even say who you are. My email is easy to find on my profile.
DeleteJust look on the bright side not counting this day the whole month looks pretty decent
ReplyDelete