The Performance Coaches gave back yesterday's gains and some today, dropping $314.72 to the market as Crude Oil fooled them with a range-bound day. In hindsight, after yesterday's move, it probably shouldn't have surprised them.
The Coaches entered a good trade off of the opening range, selling Crude short at $57.23, but they closed that out for a couple cent loss when the move lower was rejected. They then bought Crude at $57.04 before getting stopped out at $56.90 and selling it one cent lower... at the daily low, proving you can't always have the foresight to sell the high and buy the low.
Here's a play-by-play update of the Coaches trades on Twitter (@topsteptrader) using #CoachesCombine:
Want to join our Coaches in a Trading Combine®?
— TopstepTrader (@TopstepTrader) November 7, 2017
Performance Coaches short $CL_F at $57.23. Stop at $57.39. #CoachesCombine
Performance Coaches close $CL_F short for $20 loss. Trade was no longer valid w/ move back to opening range. #CoachesCombine
— TopstepTrader (@TopstepTrader) November 7, 2017
Performance Coaches got whipsawed in $CL_F trades. Long at $57.04, stopped at $56.90, short at $56.89 & stopped at $57.04 #CoachesCombine
— TopstepTrader (@TopstepTrader) November 7, 2017
As a reminder, trades are not recommendations and we do delay the Twitter feed by 15 minutes.
Total performance for the day, including fees and commissions: -$314.72. Balance is $50,682.69. For more, check out their Trading Combine dashboard below.