Paper Trade in Crude

[TraderPRO]

Resuming my paper trade. Pure intraday trade.



Short Crude at 6376 SL 6420.

Reason for short: Gap down, open and high below yesterday's close

 

[zabeen2004]

Resuming my paper trade. Pure intraday trade.



Short Crude at 6376 SL 6420.

Reason for short: Gap down, open and high below yesterday's close

Good Logic TraderPRO where you doing any additional analysis based on charts? or just based on logics...

 

[TraderPRO]

Good Logic TraderPRO where you doing any additional analysis based on charts? or just based on logics...

PA SR and EMA . Thats it.

And, remember i am just paper trading.

 

[zabeen2004]

PA SR and EMA . Thats it.

And, remember i am just paper trading.

Yes I know that buddy as your subject itself clarifies that.... Just thought of asking whether you are trading based on logic alone... As long as you are trading with charts as well its good... All the best in your testing...

 

[TraderPRO]

Yes I know that buddy as your subject itself clarifies that.... Just thought of asking whether you are trading based on logic alone... As long as you are trading with charts as well its good... All the best in your testing...

attached charts ..now

 

[TraderPRO]

attached charts ..now

Book profit and exit at 6340.

 

[umeshmandal]

What TF are you tracking the trades?

 

[TraderPRO]

What TF are you tracking the trades?

5 mins ,but, for reference,i refer higher TFs.

 

[zabeen2004]

5 mins ,but, for reference,i refer higher TFs.

Hello Traderpro,

I too did paper trading which is of not much use why can't you download any FX broker terminal which has crudeoil trading and open demo account (10k) for trading and do it like real trading atleast it will have some emotional experience than paper trading. Just my opinion hope you wont mind

 

[TraderPRO]

Hello Traderpro,

I too did paper trading which is of not much use why can't you download any FX broker terminal which has crudeoil trading and open demo account (10k) for trading and do it like real trading atleast it will have some emotional experience than paper trading. Just my opinion hope you wont mind

Hi bro, Thanks.

IMO. Trading demo account is still paper trade,as demo acc also is devoid of emotional aspects. Also, i feel doing nymex trade is not the same as mcx crude. Not always alteast..!

I have real trade exposure in crude but, i was doing it without MM and lost heavily. I am doing the paper trade until i get my comfortable margin saved.