Day Trading WOW Fishing

So WHAT to DO When Not Trading How About Some WOW Fishing

So WHAT to DO When Not Trading How About Some WOW Fishing

Yes, I am a geek … I have to find something to keep me from doing dumb things in my day trading in the crude oil futures market …

So what do you do?

 

I find a lot of my time is sitting and watching paint dry as a day trader. This is good … because … when You are not trading … you are not losing money.

There should only be a small amount of time … the way I look at day trading … that you should be day trading.

 

Here is a chart setup that I saw today as I am sitting just chillin’ on a Friday day trading crude oil futures …

This trade depending upon when you would have exited would have earned either a 1P or 2P profit.

How much PROFIT should a trade earn? This is a variable question and one that can’t be easily answered with one word …

Basically, it all boils down to how you approach your day trading plan …

In other words, what are you willing to risk to make the money?

Then this RBV HVB shows up …

Do you know this CAN be a Trade Exit Point on a day without any true direction?

 

Good Day Trading,

Dave Knight
TradeCraze

P.S. Have a Great an Awesome Weekend!

TradeCraze on FacebookTradeCraze on GoogleTradeCraze on LinkedinTradeCraze on TwitterTradeCraze on Youtube
TradeCraze
SOHK - School of Hard Knocks at David M. Knight
I am a 25 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.
About The Author

TradeCraze

I am a 25 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.