CL Redux

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

  1. schizo

    schizo

    This looks damn retarded. Pulling the stop up to b/e. Time to drag my ass to the netherworld.
     
    #6511     May 5, 2010
  2. wake up, I found my trade is automatically done for me (not real, paper).
    I entered a tiny position in 5:20PM AH closing, I told my wife "today we dropped a lot" after she came back from work, she thought I was doing short, when she found I was picking bottom, she felt I was doing something wrong, then I shew her my trendline, she had no complain. but when she saw my buy is a little bit red (5ticks), she was nervous and hinted me to get out. I out with B/e.

    then I entered the trade in my paper account, set my target and my stop, it worked pretty well.when I woke up, $0.6+ point is posted to the account.

    I learned a lesson, I should listen to my inner voice, not act like a sheep.
     
    #6512     May 5, 2010
  3. look at a 4hr from 4/15 - 4/16 and then look at 5/3 - 5/4. there might be clues...
     
    #6513     May 5, 2010
  4. emg

    emg

    Good Morning Traders! QMM0: plan on going long 81.22 1/2
     
    #6514     May 5, 2010
  5. schizo, looks you are right again. when the market reverses, it will in this mode "long time", new bie always thought it is over.
    I should sell the pop last evening. my estimation is 82.8, when I woke up, it is around 82.5~82.7, then I put a trendline, I picked it at 82.1 (touched my up trendline), cut loss 10ticks. proud of that. yes, I cut loss using hard stop loss!
     
    #6515     May 5, 2010
  6. emg

    emg

    order filled. profit target 81.32 1/2
     
    #6516     May 5, 2010
  7. emg

    emg

    plan on adding at 80.72 1/2
     
    #6517     May 5, 2010
  8. when look back, how nice a trade is! but I am a new bie, locked myself into "it must bounce mode". but the good thing is I used hard stop loss to cut loss, I think it is a great start.
    forget about averaging down, I was looking for setups.
     
    #6518     May 5, 2010
  9. emg

    emg


    10 ticks profit. will go long again soon
     
    #6519     May 5, 2010
  10. emg

    emg

    QMM0: Plan on going long 80.35
     
    #6520     May 5, 2010