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Whiplash in Crude Leads to $300 in Losses: Performance Coaches' Trading Combine

Posted by TopstepTrader on November 07, 2017

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: 


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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: -$314.72Balance is $50,682.69. For more, check out their Trading Combine dashboard below.

Trading Combine Day 46.jpg

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Topics: Performance Coaching, Trading Combine, Trading Basics