Monkey King's Oily Tales (Day Trading Crude Oil)
- Thread starter Monkey King
- Start date
- just logged in
short @ 4079 for a small target in most likely-hood, reason - unable to break 20 ema (59.60 on wti is a good roof). test of 4070 will decide to stay or exit the trade. sl will be breach of 20 ema (roughly 4089). let me see
waiting for euro open to see how it reacts, if unclear even after that - will exit
edit - exit @ 4175, all 15 mini lots out. break time.
.
waiting for euro open to see how it reacts, if unclear even after that - will exit
edit - exit @ 4175, all 15 mini lots out. break time.
.
Last edited:
got a 18 base camp trek training trek up ahead.
base camp 1 - start with 35 k (reached)
base camp 2 - reach 50 k (reached yesterday - although the 5 k addition in the last week may look suspect but i do that from time to time to reward myself for the passionate effort put in)
present trek is on from base camp 2 to base camp 3 - let me see, going seems tough and a loss, no matter how small takes me back a ledge or eight below
already suffered a day of loss which was kind of acceptable from the amount lost point of view in the first week. the second day loss in week 2 was very damaging
. one day sets me back by close to 2/3 days this way.
anyway, next target is
base camp 3 - double capital to 70 k (as per my optimistic/excel sheet
schedule i must touch this on trading day 25) - today is day 12 so i have a good 13 days to reach there.
i am only concerned with the next base camp. if i can do that, the trek will take care of itself. the summit has no prize but just a tag that i can wear and justify to myself - 'day trader'
. just a old habit of pushing my limits is what it is, nothing else and like the tag line of my jeep goes - 'nothing else will do' 
sorry for this ot post, will not post too many of these time pass jokes often
base camp 1 - start with 35 k (reached)
base camp 2 - reach 50 k (reached yesterday - although the 5 k addition in the last week may look suspect but i do that from time to time to reward myself for the passionate effort put in)
present trek is on from base camp 2 to base camp 3 - let me see, going seems tough and a loss, no matter how small takes me back a ledge or eight below
already suffered a day of loss which was kind of acceptable from the amount lost point of view in the first week. the second day loss in week 2 was very damaging
. one day sets me back by close to 2/3 days this way. anyway, next target is
base camp 3 - double capital to 70 k (as per my optimistic/excel sheet
schedule i must touch this on trading day 25) - today is day 12 so i have a good 13 days to reach there. i am only concerned with the next base camp. if i can do that, the trek will take care of itself. the summit has no prize but just a tag that i can wear and justify to myself - 'day trader'
. just a old habit of pushing my limits is what it is, nothing else and like the tag line of my jeep goes - 'nothing else will do' sorry for this ot post, will not post too many of these time pass jokes often
Took a positional trade last night as per 1 hr heiken ashi just before close.
Short @ 4121, one hour ha will be my exit as my entry was based on same.
Sl will be the 20 ema breach but ha will trigger exit much before the same.
Nothing much to do today but wait so it will be watch off and on.
Using the day to get some other jobs done, lol.
Today will decide if I end the week green or in the red, moment of Truth so to say, let me see how it goes. Trade is with the trend so not too worried for now.
Close to inventory will be the deciding factor. 3750 is the target, lol
Short @ 4121, one hour ha will be my exit as my entry was based on same.
Sl will be the 20 ema breach but ha will trigger exit much before the same.
Nothing much to do today but wait so it will be watch off and on.
Using the day to get some other jobs done, lol.
Today will decide if I end the week green or in the red, moment of Truth so to say, let me see how it goes. Trade is with the trend so not too worried for now.
Close to inventory will be the deciding factor. 3750 is the target, lol
Last edited:
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| P | Karvy Stock Broking's Reversal of 50% brokerage issue | Brokers & Trading Platforms | 2 | |
| N | monkey Bar in Amibroker | AmiBroker | 1 | |
|
Three Monkeys of Mahatma Gandhi-Applied to Trading Phsycology | Words of Wisdom | 8 | |
|
Welcome to the world of Monkey Investing | Trading Psychology | 3 | |
|
The 100th Monkey | General Chit Chat | 3 |
Similar threads
-
Karvy Stock Broking's Reversal of 50% brokerage issue
- Started by pkgdasani
- Replies: 2
-
-
Three Monkeys of Mahatma Gandhi-Applied to Trading Phsycology
- Started by jahan
- Replies: 8
-
-