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Here is a picture of the markets I am watching and where they are at currently. I have to laugh at myself as I took a break away from the computer and when I return the trade I was anticipating on the 6E just triggered and would have been good for the +11 ticks. Bummer! Oh well, hopefully I will remember my lesson.
Market Snapshot
P.S. As you may have noticed that bad decision on the 6E also hurt me in another way. While in the losing trade on the 6E I wasn't able to take the great setup that occurred after the news settled on CL
I am attempting to limit my trades to 3 a day. On this trade, the way CL stopped and failed just above the overnight range I was expecting it to return and test the low of the overnight range. However, with that being said, I still totally messed up on this entry. I didn't take into consideration the long bull channel and wait for a 2LF but jumped in early. To make things worse I didn't even wait for a 2S. The result as you can see was painful! I was NOT focused and mentally sharp enough on today's trading so it was actually easy to stop trading and take my lumps.
A minimum of 10 days. If you meet the profit objective without violating their conditions you will be considered for a funded account. Here is a link that gives you more info:
Did you consider to let the winning ones run? Seems lots money left on the table. Probably you can just set a stop to protect your 2nd profit target once it's reached? I'm not saying letting winning one run will for sure give you better PnL but just want to see your reasoning of setup.
Big mistake! I took a 2SF, price came w/i 1 tick of my target and anticipating price to retest the Globex Low I moved the stop back out to the catastrophic stop of -15. Price continued to retrace and stop me out. Now, while I am doing this entry price did exactly as I expected with a beautiful stop run and I missed it. Game back most of my profits today due to stupidity!
