November 28, 2012

Follow your trading plan for consistent profits

 

Crude Oil Trading Plan

This morning we got back to big profits with some much-needed volatility in markets such as Crude Oil and Mini-Russell.

We opened our trade room today at 8:00am EST and began to formulate our trading plan for Wednesday.  By the end of the morning today we earned over 100 ticks of profit using a simple trading plan that we created together, in real-time.

The first trade of the morning came according to our trading plan just as we had designed.  Crude Oil was bearish early this morning and our plan said for us to sell retracements with new lower-lows which is exactly what we did to earn our first winning trade of the morning.
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Read the Complete Trade Room Recap HERE

    schooloftrade

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