Day 13 -7% day trading challenge trading crude oil

It’s the 15/11/21 day 13 day trading crude oil WTI, using uk.investing for charts displaying Heikin Ashi candlesticks with support and resistance lines.

I deposited £500 into my plus’s 500 account on the 28/10/2021 and I am looking to change that into £1000.

I’m down slightly but have almost done 50 trades I was up 26% then down as far as -10%.

I was hoping to do it in 60 trades but it doesn’t look like that’s going happen so I will just keep going and see where this ends up.

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Welcome back readers,

I’m still offshore last day today then on the train for 8hrs to get home tomorrow yay.

Hope you all had a great weekend and great success last week of you where trading I could’ve done better haha.

I didn’t have much chance to trade today as getting jobs finished off and doing paperwork.

But I did trade once and it was a stupid trade why you ask.

Because it didn’t stick with my rules I made my own up and paid the price a loss again.

If I had stuck with my plan I should’ve had two-plus trades but we will save that for another day.

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Trade 1 Short -£10.49

STUPID TRADE – whoops I did it again.

I made my own levels from a 1 min candlestick chart and lost.

As you can see on the chart below the market was trending down and I wanted a piece of the action so I jumped In.

I have done this so many times I may as well go bang my head against a brick wall OUCH 🤕.

I stopped myself from doing it again and again again today I stopped.

Made a brew played a couple of games of golf clash then went back to work.

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Conclusion

Well one trade one loss, that’s a great improvement on my part I felt the urge to open another.

Try and win back my loss but no I went out to work came back later to take a look and the market didn’t have anything to offer so I thought I would head up get showered and changed and write today blog

Down 7% I think it’s a major achievement really I have done 43 trades 12 winners and I have only lost £34.10 that’s good control.

I wanted to put £5000 into my account and trade with that but I stopped myself as it doesn’t make any difference at all if I trade with £5000 or £500 it’s still the same system I am using the same method and mistakes.

So I want to prove I can double my money to £1000 then Grow it from there perfecting my strategy as I go.

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