I am usually wrong in my predictions, so trying hard not to predict, but just follow the market. Today so far is a good day to be buying pullbacks in CL. price action queen nodoji I hope is making a killing today. I bought the first 2 pullbacks, then no balls to buy the rest, price looked too high (sigh)
Starting to trade SIM CL full time. I left my nice IT good paying job just to fullfill my passion for Trading. I know the success rate is very low. I have been reading charts for past 8 years at nights and weekends. Finally my wife and I decieded I need to take action either forget watching charts or leave job and try for 6 months and get the real feel. So here I am, will be trading SIM until confidence builds up and consistency is acheived with proper risk management in place right from my 1st SIM trade. Today = + 447.60 Total Trades = 26 Trade station adds 2.40$ as commssion / trade ( round trip) in SIM., I don't know how to change it and make it $5. Since I am new need to focus on screen so for now post at EOD and as I work on reducing my trades will post the blotter. Right now I am too nervous to hold on the trade for long time, just get out too soon, most of the trades are BE. Sorry for long post as this was my intro, next time onwards will keep it small.
My story line is also very similar to yours. Left IT job back in July and have been learning / trading full time since then. I have been an investor for the last 10+ years and have now decided to day and swing trade full time. Will work very hard to make this work or else it is back to corporate world. I started trading CL 2 weeks back and will be posting my entries more real time on this thread going forward.
welcome NoEmotions, if you post a chart with trades that would also be helpful for feedback. Good trading today