Crude Oil Scalping Survival Challenge - 1

[bashasm]

crude pullback short at 4430 and covered at 4418

 

[bashasm]

Today did not follow my own rules, did not book loss early, also tried to average the trade instead of booking the loss, more over tried to increase the stop loss to a much higher value

 

[bashasm]

Total loss out of 5000 capital for these two weeks is 6.82% or Rs. 341
Only traded 5 days in two weeks, need to trade regularly and keep the discipline and spirit

 

[bashasm]

Did scalps, but again did not follow my rules

 

[gregferns]

nice work bro... At least profit today... i was in loss.. wrong entries exits...

 

[bashasm]

nice work bro... At least profit today... i was in loss.. wrong entries exits...

Thanks brother, but the process is more important than profits, otherwise all the profit will go away in one day

 

[pannet1]

there are exclusive commodity brokers who give more leverage than z. i would recommend aliceblue. is leverage good for trading is totally another question. good luck for your trading.

disclaimer: i do not get any commission from them for recommending you.

 

[Srinivas I]

Hello, can you tell me what is your view about Crude Oil today.

 

[bashasm]

there are exclusive commodity brokers who give more leverage than z. i would recommend aliceblue. is leverage good for trading is totally another question. good luck for your trading.

disclaimer: i do not get any commission from them for recommending you.

Thanks for your suggestion, the leverage seems to be good ( also for astha trade), but the brokerage seems to be on higher end (astha brokerage is way higher)
I have compared alice with z, probably these brokers will be better if we are trading with multiple mega lots and have lesser capital

 

[bashasm]

Hello, can you tell me what is your view about Crude Oil today.

I am beginner Srinivas, but I think crude is in short term down trend on the daily TF
As a scalper, I am trying to get in and get out so I might ignore the down trend.