I am a new trader trading in sim for the last 3 months and not in a hurry to move to real money until I know I am ready and once I know I am ready will have Patience and wait until I'am more than ready. First trade of the day on CL "I know I should not be trading CL, once on real cash will start trading Forex before even thinking of trading CL" I guess you can say I am climbing down from Everest from top to bottom before climbing the Mountain from bottom to top. :boxing:
First trade today is on CL, controlled my patience and had a successful trade. Two contracted traded, first contract made 12ticks second contract moved my stop and took me out 1 tick in front of my brake even.
Second trade: CL, jumped in and was trying to catch a runner . A mistake that cost me 8 ticks.
Third Trade: CL, agian was patience, which = money :) waited for a bounce off a major support line and got a successful 10 ticks. Patience is something very hard for me but the love of trading overcomes the impatience I have in me. "yah I know is it love of trading or the love of money, not exactly sure but would like to think its the love of tarding"
Meet my goal and I should stop trading but to be honest I am sure I will continue...... need to control overtrading but is it over trading or just eager to learn this business by making trades, not exactly sure. Hopefully sooner rather than later would stop overtrading and start building my self-esteem by making my sim account larger.
Cont....
Went ahead to trade more :-( with bad trade on my first trade went on and had a revenge attitude on the market , I went negative and decided to get up and take couple of long breathes told my self that "their is no way I would win a fight against the market" I went on to patiently wait for a couple of setups and now positive. Not as much as before but positive and thats what counts. Going to to the park to walk the dog until the market is closed. :-)