TST 30K Combine

TST Trading Day 4 Back to the Drawing Board

TST Trading Day 4

Today was a decent day trading opportunity to capture a nice move. My biggest win of the trading day came at 8:37AM CST when we failed at the pivot point. Ten minutes later I exited the trade and took away 68 ticks from the trade.

I was short from 4407 today (October Contract) and exited the trade at 4339 for a 68 tick win. My opening trade was a long at 4390 on 2 contracts, I lost 13 ticks on the split order fill.

Futures Crude Oil Day Trading YouTube Summary:
Futures Crude Oil Day Trading Charts: Failure at Pivot Point

BBV HVB – Blue Bar Volume Highest Volume Bar

Futures Crude Oil Day Trading Charts:

Futures Crude Oil Day Trading Charts:

Trade Exit shown here.

Futures Crude Oil Day Trading Charts:

Futures Crude Oil Day Trading Charts:

Reattempt Short here at 4353

Futures Crude Oil Day Trading Charts:

Futures Crude Oil Day Trading Charts: 5 Minute Chart when I was looking Short

TST Trading Day 4

So what can I say about day trading that hasn’t already been said by someone at sometime. Absolutely nothing. What I do know is that you need screen time to help you understand what is going in the market. The more the better … be diligent with these learning lessons.

This may be one of the main reasons I continue to be at TopStepTrader in the Combine (TST). Because, I do like the environment working through my own personal demons.

I know I will be in funded. Yes, it will be my 4th time in when it happens … hopefully … the last time I have to go through the process.

Have I arrived? No. No one in trading ever arrives … you are working against the brightest, smartest people in the world trying to get a couple of ticks here and there in the end.

 

Good Trading and God Bless,

David M. Knight
TradeCraze

P.S. Do you a management plan in your day trading? No, then Go 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.