FTP

FTP Day 1 Plus 6 Ticks Overall

FTP Day 1 Plus 6 Ticks Overall

Today marks my first day back in the FTP at TopStepTrader (TST). I finished up 6 ticks on 4 trade today.

Futures Crude Oil Day Trading Charts

I was down 17 ticks before taking out a 1P profit target of 23 ticks ($230) today.

Futures Crude Oil Day Trading Charts: Tiebreaker Looking Long …

When I was coming into the trading session, I had received an email from TST telling me CL (Crude Oil) will roll on Wednesday (tomorrow). This means moving to the next contract month soon.

Futures Crude Oil Day Trading Charts: Long Fakeout 4791

Now, this also means there will be a lot of manipulation in the market – if there is no clear cut trend – to protect against option strike prices by the market movers and makers.

Futures Crude Oil Day Trading Charts: Closed Long Fakeout at Breakeven

As I think over the trading session today, I was a little anxious to get started and get my feet wet. My trading goal today was to simply finish positive on the trading day.

Futures Crude Oil Day Trading Charts

I felt as though I was getting ants in my pants on my last trade of the day … so I cleared it out and closed out my crude oil futures trading session with a slight profit on the trading day.

Here are some additional futures day trading charts I collected on my trading session today.

Futures Crude Oil Day Trading Charts: Long Entry at 4780 at 8:46AM CST

Futures Crude Oil Day Trading Charts: 1P Profit Target 4803

Futures Crude Oil Day Trading Charts: Can 200 Bar SMA HOLD?

Futures Crude Oil Day Trading Charts: Trade Exit 4803

FTP DAY 1 Plus 6 Ticks Overall

So, in a nutshell, I finish positive on the trading day. My trades were minus 7, plus zero, and minus 10 ticks, respectively before capturing the winning 23 tick trade winner today.

Sometimes, simply taking what is available on the trading session is the best course of action as a trader. In other words, when in doubt get out! This was how I handled my trading session on the winning trade.

I did not want to allow a winning trade turn into a losing trade. I want to build up a base and pass FTP and move on!

 

Kind Regards,

David M. Knight
TradeCraze

P.S. My CLPIT Strategy 3 to 1 Reward against Risk Strategy get it here.

 

 

About The Author

David M. Knight

I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.