As you know, i started trading live in the local OIL market. i got hit 10% and then 2%. i was only hoping to make 5% a month and ended up with 2.5% in the initial winning month. somehow i am not able to trade well. here the rescue was complete, but the brokerage and small loss when it eventually ended, would by far exceed my win/day. Can you spot the problem please.
1) entered into a scout (+1) and went to sleep
2) turned (-3) what looked like we are hitting resistance during london open
3) realized the mistake and added (+2), to become flat. did not have the guts to put +8 as per the usual rescue.
4) booked some profit from overnight (which was non existent and set off by next month future).
5) added (+3 ) immediately as we are trading above pivot near 3).
6) Failure to trade above the top .. became flat with (-2).
1) entered into a scout (+1) and went to sleep
2) turned (-3) what looked like we are hitting resistance during london open
3) realized the mistake and added (+2), to become flat. did not have the guts to put +8 as per the usual rescue.
4) booked some profit from overnight (which was non existent and set off by next month future).
5) added (+3 ) immediately as we are trading above pivot near 3).
6) Failure to trade above the top .. became flat with (-2).