TopstepTrader 150k Combine Day 8: one and done continuation.
Thanks for reading my trading update for April 5, 2016. Coming into the Pit Open of Crude Oil Futures (CL) you could see it was bearish and sideways. As soon as it opened you could see that it wasn’t going to get any lower and that’s where I took advantage of the volatility spike long placing an order above the high and rode it up.
A good trade and another one and done. Again, its proven that less trades, less commissions and less room for error will result in stress free profitable trading. I had quite of bit of equity to make up so I did use my full buying power on this trade. I read the momentum correctly, found the high probability entry and nailed it, which is what my strategy is all about. Get in, get out and go do something else.
Day 8 of my 150k TopstepTrader Combine was successful now only two more days to trade as long as I keep the equity level above $9000 ill be moving on to stage #2 the Funded Trader Preparation. Thanks for reading my blog today, of course if you have any questions on my trading or strategy feel free to add me to Skype.