I feel that this will be a big year for you. You'll have discovered the ultimate Holy Grail. And that is to fade my trading calls. When I post that CL isn't going to 91 or 92 anytime soon and then it get's there in a few hours this will be the confirmation you need to fade me and reap massive profits. No need for fundamentals or all that messy charting, tech analysis stuff.
BCE, you have found one of the Holy Grails of CL trading. At a given point in time ask yourself, "What's the last thing I expect CL to do today?" Then put on that trade. I entered an 89.32 long Friday that moved nicely to the upper channel line where I took my profits as planned, and as it was working its way to my target I jokingly said to my friends, "I think I should target a break of 91.88." I mean that was THE high on 12/27 before the ensuing 4-day pullback and I entered a trade at a price 2.56 away from there on New Year's Eve, which meant price would've had to produce a daily price bar with a range larger than any price bar since 12/7 and that was seriously the last thing I expected CL to do and that's exactly what it did.
The rigor required is not only knowing what you are doing but also knowing what you intend to do. That means (1) having a reliable methodology and (2) following it. CL is volatile and you should be familiar with its metrics if it is the market you trade. This is a market which offers up good chunks (up or down). Now if you have varied responses to the same event (eg the beginning of a swing in the opposite direction) you are creating unnecessary difficulties. Instead of just recognizing it, you are interposing non-requirements. Lets take some examples. You have the 'buy' trigger but won't take it because you interpret the news background as bearish or you haven't had the buy trigger yet but you anticipate it to make extra points. The 'buy' you didn't take may not only be one that just goes up as expected but also it may become one which is a big swing upwards. And the 'buy' you anticipated may only be a retracement which you will have to bail from at a loss. If your system does not have high reliability you must have a stoploss ready which you execute without fail. It should allow some points against the number at your trade entry point but be related to the metrics of the markets gyrations.
Longshot, but is this coolweb getting drunk/doing drugs and creating accounts? I notice coolweb seems to have a writing problem. Not just run of the mill grammar stuff, but somewhat strange misspellings and word order issues. Seems to be drugs or indicative of a mental disorder of some sort. Plus the straight up weird sadism thing.
+1 Finding an edge is 1% books, tools, patterns, advice, etc, and 99% perspiration. This is my only rule. I am sorry I don't have to share more rules.