TradeCraze

TradeCraze

TradeCraze

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TST Going Back to Step 2 from Pro Funded Account

This title really says all I need to say.

I am not going to respond to anyone for a while in my posting until I pull myself up from the breeches.

If you want to send me some words of encouragement, then email me please.

Good Trading to You,

Dave Knight
TradeCraze

CLPower Pro Funded Account Closing Out August 13th 2019 Getting A Check

It was a good run, but I am done for a bit. I have been going at this since March of this year.

I was able to pass step 1, step 2 and get into the pro funded account. My high water mark was just over 2K in the pro funded account before having a 4 day trading setback.

Shit happens and you still survive. I feel like I did the best I could have done on Monday and Tuesday of this week, but I allowed Friday of last week to get away from me.

There isn't much you can do when you are caught on the wrong side of an event move and price action. By the time you figure out what has happened it's past news in the market and has already been traded.

I am just fine with going back to Step 1 when I am ready to give it another shot. I had I believe 36 or 37 days in the pro funded account (That was trading days).

I see a few places where I can improve upon in my day trading and I look forward to doing exactly that when I come backe from a break.

Good Day Trading,

Dave Knight
TradeCraze

P.S. Yes, I am going to take a check from TST this time and make them pay me.

Learn to SEE WHAT Futures Market is Telling YOU

There really isn't much to add to this story. I have been here before doing my best to short an up move ...

The key was the BBV HVB ... and a failure along with a Higher Low pattern coming into the trading session.

Good Day Trading,

Dave Knight
TradeCraze

P.S. Did I learn from yesterday? Yes and No ... there was a BBV HVB before the session started.

Day Trading Patience NOT My Friend Today

Looking over my shoulder as I "F" up today losing 46 ticks overall to close my pro funded account from a swing high of 1900 to now sitting at 1340 plus.

Yes, it was plus. We did not have 1 bar over 1K at any point in the trading session.

I WILL NOT TAKE ANOTHER LONG without VOLUME to bring me in. This caused a world of hurt to me today.

Thank GOD it's only one trading day and I have FRIDAY still on the table to do better. I can only watch and pretend from this point ... there was NO PRICE ACTION to trade today.

I was stupid and dumb in my day trading today and I deserved to lose today.

Good Day Trading,

Dave Knight
TradeCraze

Crude Oil Day Trading Inventory Recap

Crazy trading day today ... I feel fortunate to be up after being down 24 ticks today.

To say I was close to being up 50 ticks on three trading days is an understatement. But, the trading account says another thing. I am overall up on the trading week.

I hope you caught a lot more than I did this week in your trading.

Please like, share and subscribe. I feel that my "right" leaning channel is being suppressed since July.

If I am going to be suppressed in the future, then I will really say what I think about all this crap going on with YouTube and Google, and the left leaning silicon valley bs.

Good Day Trading,

Dave Knight
TradeCraze

CLPower Trading the Open August 6th 2019

I thought I would share how I traded the open today. As I am typing this commentary up ... the market neither went down or up very much.

I could have had a better entry point on my LONG setup as I got in a little early and should have waited for 8AM CST to place order.

The anomaly bar was spot on today. FYI the CL futures market did not make a 2P move at this point in time. I like to see it move a lot faster than how it operated price action today at the open.

Good Day Trading,

Dave Knight
TradeCraze

CLPower Pro Account Day 32 August 5th 2019 Plus 34 Ticks

One day and one trade at a time. The morning was the best opportunity for the crude oil futures to go lower ... making new lows on the day.

I was looking for the last weeks low to get below 5359, but it stopped and proceeded to move after initially going down on the session.

As I am finishing up this youtube vlog, the crude oil futures market went to a new high on the session now. So we hit the low of session and the high of session, but the move up looks much stronger than the move down today.

I decided to stand aside after taking a small hit. It was still a good first day trading in the crude oil futures market.

Personally, it was worth going for the lows of the previous week at the start of trading today.

Good Day Trading,

Dave Knight
TradeCraze

Day Trading One Day AT a Time

Another decent day trading week for me in the crude oil futures market.

I finished up over 850 bucks to bring my pro funded account over 1.6K. One day and one trade at a time. ... my trading has become boring ... but boring is good.

I hope you had a great week day trading as well.

Good Day Trading,

Dave Knight
TradeCraze

CLPower Pro Account Day 30 August 1st 2019 Gann Magic Number Hit: https://123daytrade.com/why-topsteptrader-makes-sense/

It was very close for me to hold for a 90 tick gain on the day trading session, but I was still able to capture a respectable gain day trading crude oil today.

As of today, I am 78 ticks positive on the week in my day trading crude oil futures. I am looking to finish at least plus 50 ticks or more for the week now.

I am planning on taking on the open of the crude oil futures market tomorrow.

Good Day Trading,

Dave Knight
TradeCraze

P.S. Do you know TST has some specials going on this month? https://123daytrade.com/why-topsteptrader-makes-sense/

TST Pro Funded Account July 2019 Recap

So how am I doing overall? Find out here on my recap video after 29 day in the pro funded account here at TopStep Trader (TST).

In addition, I go over my stats over the 29 days of day trading in the crude oil futures market.

Good Day Trading,

Dave Knight
TradeCraze

P.S. Please subscribe, like and share this video.

CLPower Pro Account Day 27 July 29th 2019 Plus 51 Ticks: https://123daytrade.com/courses/clpower-day-trading-strategy/

Crude Oil Future Day Trading Notes ...

Early RBV HVB read at 7:25AM CST. Market trading between PP and R1.

High 5634 and Low 5591

BBV HVB 3861 at 8:18AM CST.

CL Market went to HOD 5686 before going back to Pivot ... went back thru R1 and down to PP ... PPM (pivot point magnetism) was in play today.

I had 3 trades for a net of 51 ticks day trading crude oil futures today.

Good Day Trading,

Dave Knight
TradeCraze

P.S. My day trading course details: https://123daytrade.com/courses/clpower-day-trading-strategy/

P.S.S. Still only 57!!!

Decent Day Trading Crude Oil Week

Overall, I had a decent week day trading crude oil futures. I have enjoyed some contentment recently slowing my day trading down.

I had a loss of 32 ticks and a win of 50 ticks and finished about $500 this week net gain to get closer to the profit target of $5K in the pro funded account here at TopStepTrader TST.

Good Day Trading,

Dave Knight
TradeCraze

CLPower Pro Account Day 25 July 25th 2019 Plus 50 Ticks

Today, I was able to catch a 2P move a little after the open at 8AM CST in the crude oil futures market. Let me restate, my starting time is normally around 8AM CST, which used to be the American open of the crude oil futures market.

Overall, it was a decent one trade winning day for me. The crude oil futures market has hovered around the pivot point during the morning session that I was day trading today in the crude oil futures with TopStepTrader TST.

Good Day Trading,

Dave Knight
TradeCraze

Day Trading Crude Oil and Enjoying Life

Ok what's the bottom line ... it was a losing trading day for me overall, but I stayed in plan. SO all good ... the crude oil futures market didn't want to participate at time of trade.

There was another drawdown on the crude oil inventory ... it was a surprise number, but the market didn't really react to it when I was trading it.

It goes with the territory.

Have a good one!!

Good Day Trading,

Dave Knight
TradeCraze

CLPower Pro Account Day 23 July 23rd 2019 Plus 3 Ticks

Really not much action during my day trading session today in the crude oil futures market.

Tomorrow is inventory in the crude oil futures. Hopefully, some action and another winning day.

Good Day Trading,

Dave Knight
TradeCraze

CLPower Pro Account Day 22 July 22nd 2019 Plus 30 Ticks

Right now at the open we have 2 BBVs above 1K on the blue side, and 1 RBV above 1K on the red side.

I will be looking to short only at the open on Monday going for the Gann number of 5506 on today's trading.

Overall, I was able to capture 30 ticks on this trade as the market was unable at time of trade to breakthru the pivot point.

Good Day Trading.

Dave Knight
TradeCraze

CLPower Pro Account Day 21 July 19th 2019 Plus 21 Ticks: https://123daytrade.com/courses/clpower-day-trading-strategy/

This day trading session started with a HIGH Blue Bar Volume Highest Volume Bar at 7:55SAM CST at the Pivot Point today. I was able to capture 21 ticks on a one trade win today.

As I am watching the market, it went down to around 5550 then up to 5992 swing high breaking the lower high pattern on the morning session.

FYI: Friday is a day I do my best to take and run. This is reflected in my day trading session today.

Good Day Trading,

Dave Knight
TradeCraze

P.S. My Day Trading Course is STILL ONLY Heinz 57 Sauce: https://123daytrade.com/courses/clpower-day-trading-strategy/

CLPower Pro Account Day 20 July 18th 2019 Plus 42 Ticks

Nice one trade win for me today. The crude oil futures market did go down to S1 as I am watching the market today. My profit target was hit at 5581 right above S1 on the day trading session.

There was a move up that caught me. This has been my dilemma at TST ... how best to utilize the 2nd contract against the 50 tick max daily loss. I am simply not smart enough to figure out how best to trade the 2nd contract effectively more times than not.

It would have been the only way I would have caught the whole move, in my humble opinion. The trailer is simply not possible on more days than it is possible. You rack up some serious losses that contribute to not being able to take on the next trade effectively.

In any case, I was able to catch 42 ticks today on my day trading plan with one contract. I knew that if I went back to the black I would allow myself the win and move to the next trading day.

One thing I did notice watching the momentum of the crude oil market ... there was a very fast moving area starting around approximately 8:47AM CST this morning.

That is definitely worthy of exploring further on the short side. I did think that going short at 5669 at 8:49AM CST was a good spot for a continuation trade after the pullback.

You know the crude oil market will do stuff that you don't expect over and over again. So finding things that make sense to you and your trading plan and ignoring the noise is stuff that I can still improve upon in my day trading.

Day trading successfully has been a life long journey for me. I believe each and every day you learn one more thing to help you along to get better and better for the nex

Crude Oil Traders Are Bastards

So ... what is up is down and what is down is up. I know this about day trading crude oil futures, but every so often I forget and pay the price for it.

The crude oil futures market and inventory report was today. Every so often you get an insight ... today was one of those eye opening experiences for me today.

SInce crude oil traders are bastards ... you have to think what are they wanted to do on a whole to screw as many people as possible any time they can.

I am going in to my rest of day trading in the crude oil market with this philosophy from today moving forward.

I am going to throw out the dirty dishwater and start thinking like this ... how can I screw as many people as possible and make money as a crude oil futures trader.

Good Day Trading,

Dave Knight
Tradcraze

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CLPower Pro Account Open Trade Day 17 July 15th 2019

Easing my way back into day trading crude oil futures today. I used my open strategy to get back to it today. I had 2 trades. The first lost 11 ticks and the 2nd won 24 ticks.

I have been watching the crude oil futures market as is my custom after taking an extended break from day trading futures.

As of right now, the crude oil market went up 2P and down 3P on entry points. So all in all, the crude oil market looks promising. What I can tell you is the ADR (average daily range) has fallen from the 2.0 level that it was before I left to 1.6 level as of today.

So what this means is a lower volatility measurement even though we are trading above the 60 dollar a barrel handle once again starting this trading week off.

Good Day Trading.

Dave Knight
TradeCraze

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Created 1 year ago.

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CategoryEducation

Crude Oil Day Trader also a funded trader at TopStepTrader (TST).