142 - Game Plan for Sept 19, 2017 - Yesterday's Miss has me Re-Thinking Short Term Strategy
Channel: Crude Oil Trading Journal
Date: 2017-09-19

* I’ve been reflecting on my miss from yesterday… and on other days like it… how aggressive do I want to be?
* I’m considering having standing orders to buy and sell for sudden drops & reversals like we say yesterday
    * …then, more patient with follow-on orders to buy and/or sell
* For example… selling my top short for 2-2.5% with a set order
    * This would equate to a Crude price of ~$49.70 (Futures)
    * If we fall more than that, I buy a long hedge
        * More still? sell the next short
    * I would buy next short at $50.80
* …still a thought-in-progress for now

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