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Search: Posts Made By: M1kel618
Forum: Commodities May 31st, 2015, 10:19 PM
Replies: 2,696
Views: 606,781
Posted By M1kel618
So much for that one

Well it worked good for 3 days. On the fourth, it crashed and burned, over and over again. Ended day down almost $900. One critical point I missed, what looked like a great entry/exit on minute chart...
Forum: Commodities May 28th, 2015, 10:55 PM
Replies: 2,696
Views: 606,781
Posted By M1kel618
Image of CL Chart showing entry/exit May 28, 2015

https://nexusfi.com/attachment.php?attachmentid=183595
Forum: Commodities May 28th, 2015, 10:54 PM
Replies: 2,696
Views: 606,781
Posted By M1kel618
One more post and I can post image

My "Crude" strategy. Basically I enter short/long position as price opens below/above 50SMA. Then watch for price to peak low/high and get verification of change in direction from short to long or...
Forum: Commodities May 28th, 2015, 10:17 PM
Replies: 2,696
Views: 606,781
Posted By M1kel618
"Crude" strategy

I said I was chasing market, had really been trying to follow a fellow in a trading room Ace Trades, loud, obnoxious, but I kept getting stopped out or missing entries, then frantically chasing...
Forum: Commodities May 28th, 2015, 12:25 PM
Replies: 2,696
Views: 606,781
Posted By M1kel618
CL strategy

Was down $800 this morning after chasing market on big news day. Back up to where I started by following simple strategy: Buy above/Sell below 50SMA - this serves as entry point. exit point...
Showing results 1 to 5 of 5

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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