Thursday I trade from 09.00EST and got chopped severely. If I start at 10.00EST. High chance I might survive the slaughter.
Friday I was late, start trading crude 10.00EST and got chopped quite severely. If I start at 09.00EST I sure will survive the slaughter. Till the market moved I already drew big hole and can't stand the heat. Another bias prevent me for shorting the crude. Bias can give you two bad things: Big Losses and Missing profit.
Friday losses not that bad, around 11% of Thursday losses. I kept my cool and discipline. The only mistakes I made is my mental was not strong enough to resume trading after 5 full Stop Losses, lot of par, and only one small profit. My system worked of course, at 09.00 EST and after 12.00 EST. 3 hours between was a massacre.
Haw faith beats me up and down and how I hate it. But I won't give up. I will fight till my last blood dripped in my vein. Of course there's time I was so frustration and want to end my life. But if I think of something. There's lot of people out there have worse luck than me. No time to complain, more time to work. This 3 days US holiday will kept me busy. If I must working harder than regular guy, so be it. If I had to tear my eyes in front of monitor, I'll do it. When the time come, I'll remember this hard days as past, unforgetable memories.
Dt,
ReplyDeleteDT,
You wanna trade crude with Range chart ?
I tried it before but it hit me like Tyson.
Range chart okay with currency eg 6E.... but not crude.Ok I dunno a cent on 6E, but I knew a bit about crude...3 days is good ....like when I had my internet problem for a month..my brain totally see diff things after that. Try tick chart instead that range for CL..Sorry if i bother you
Tq for the advice TST...
ReplyDeleteWell, it's dangerous if I entered at the wrong time. But I don't see much different with ticks chart.
Actually I don't use Range Bar.
Trading in choppy market is terrible!
ReplyDeleteYes Julia,
ReplyDeleteI really have no clue bout when to trade and not to trade, esepcially Crude Oil. If I have that one, guaranteed I will be more profitable than you, lol. Just kidding. Congratz with your profit, may i know how many turns you make to get those 500++pips profit per day?