playing the CL

NexusFi · 2015-03-04T14:57:58-05:00

here are the trades: 13:01 buy 1C 52.02, SL -10 bad setup 15:20 buy support 2C 51.16, cannot take out half at 10 tick, not enough push so manually close -5 -5 15:37 sell 2C 51.50, MX +24, XX +5 -> this was a stupid idea, and my brain problems started here 16:18 buy 1C 51.70 SL -9 16:21 sell 1C 51.54 - very stupid move, no setup at all 16:25 buy again 51.72 SL -10 these 3 trades were totally useless on friday 17:22 sell 51.51 2C SL -10 -10 i wanted to sell only 1 C, next time must correct …

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Updated March 4, 2015

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playing the CL

March 4th, 2015, 02:57 PM	#31 (permalink)
fofo Budapest, Hungary Elite Member Experience: Intermediate Platform: SierraChart Trading: CL, ZB Posts: 46 since Oct 2013 Thanks Given: 17 Thanks Received: 47	Yes, the MAX method can be used on any market, any timeframe. But stick to the rules, be patient and successfully use this system requires the right mindset. Which is not easy. Getting closer to the profit target, I lost my focus and wanted to make the remaining dollars only. Not trading wise: so I made a big loosing day and max loss exceeded. I had to restart the combine. Making the new calculations and completing the system to finally achieve my trading goals, not only for finishing the combine but to be a real and profitable trader. Was a good lesson again, hope the best and never give up