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this was a long position on CL,so far it was capable of generating +32 points .even if declines i've moved stop loss to entry point and worst scenario is break even.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
i use multiple factors such as an- self made- volume based indicator and price action as well as other combined methods .i have less than 50% win rate (usually 40%) but my winning positions are much larger than my loss .also i ignore lots of setup and only trade those who fit to "1% of equity risking" criteria.so on average i have 3-4 positions per day. i will post every trade -whether loss or win- here .
Thanks for correcting me @Big Mike , i meant ticks which each tick's value is 10$ in CL.to be honest after these years i still thought they have same meaning .i'm not a native speaker,so it's unavoidable sometimes
