CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. BCE

    BCE

    You know V, IMHO you and I need to work on our form. :) My problem is I have great entries in general, but exit too early and leave too much on the table. Your problem, as I see it, is you have good entries too and you have the patience to let the trade work for you. But once it's run significantly in your favor, and you have a significant profit, you don't take it and let the market come back and the profit disappears. As you're saying there are smaller ranges right now so not every trade will be a 3 point $3,000 profit or even a 2 point profit. I'd definitely take $1,000 if it's there in this market. You can always reenter after a pullback.
     
    #28381     Jan 31, 2012
  2. BCE

    BCE

  3. Visaria

    Visaria

    Yeah, u r right...
     
    #28383     Jan 31, 2012
  4. Visaria

    Visaria

    stopped out 9970 :mad: :mad: :mad:
     
    #28384     Jan 31, 2012
  5. Visaria

    Visaria

    short 9870
     
    #28385     Jan 31, 2012
  6. ammo

    ammo

    v ,are you looking for that bottom tl
     
    #28386     Jan 31, 2012
  7. BCE

    BCE

    At least you didn't let it go a point and more against you. Not sure about that short.
     
    #28387     Jan 31, 2012
  8. BCE

    BCE

    Market Pulse Archives

    Jan. 31, 2012, 11:38 a.m. EST
    Oil wavers after macro data, rising dollar

    By Claudia Assis

    SAN FRANCISCO (MarketWatch) -- Crude-oil futures wavered between small gains and losses Tuesday after disappointing macroeconomic data, lower U.S. stocks, and a rising dollar. Crude for March delivery recently traded flat at $98.78 a barrel on the New York Mercantile Exchange. Crude traded as high as $101.29 a barrel earlier, but lost steam after U.S. consumer confidence and U.S. home prices reports.
     
    #28388     Jan 31, 2012
  9. BCE

    BCE

    Almost to the penny. :)

    You were right. :)
     
    #28389     Jan 31, 2012
  10. Visaria

    Visaria

    No, looking for a major fall.
     
    #28390     Jan 31, 2012