APEX Profit Popper $690 one trade

S10 - Systems - APEX Elite/MVP profit popper
1

I did a profit popper trade on CL 8-14 on Jul 2. It was pretty much the only trade outside the TF scalps that I traded last week.

I just want to make sure it was done correctly or I just got lucky. I entered on the E bar, 3 ticks below the low of the P @ 105.26. The A was down at 104.56. I set a take profit @ 104.58, but got filled at 104.57, which was 69 ticks, $690 on 1 contact. Since the price was so wide on this trade I used a Nadex spread to trade. The spread got trigger at 105.23 and exited @ 104.57, 66 ticks, with 3 contract $198. I used 3 Crude Oil (Aug) 103.50-106.50 (2:30PM) @ 105.23 spreads.

Below is the screen shot of the trade. Times are CDT.

2014-07-02 CL 8-14 Trade

2

Sweet! what was your risk on that one?

3

My stop was initially at 105.54, one tick above the high of the P, that was 28 ticks. It’s a scalp trade so stops are tight. My stop was trailed down one tick above the high of the previous bar.

4

Yea those Profit Poppers are amazing. I’m amazed at how little they are talked about on the forum by other traders. Glad to see some convo about them! Keep up the good work “creed2001”!

5

Good job - we do have a lesson on them in the bonus elite course. Glad to see your taking advantage of them. can work well for swining and flat/choppy markets.

6

CL has been very choppy lately. I also had a CL profit popper trade on Jun 26 that profited 52 ticks, $520.

I will definitely continue to use this strategy along with all the other Elite APEX strategies. Now that I have completed the APEX courses I should find plenty of opportunities to trade.

Thanks, Chris

7

Good job Chris - keep it up!! Profit poppers can be great during the chop

8

This is great!!!

9

Very nice!

10

[quote=creed2001]I did a profit popper trade on CL 8-14 on Jul 2. It was pretty much the only trade outside the TF scalps that I traded last week.

I just want to make sure it was done correctly or I just got lucky. I entered on the E bar, 3 ticks below the low of the P @ 105.26. The A was down at 104.56. I set a take profit @ 104.58, but got filled at 104.57, which was 69 ticks, $690 on 1 contact. Since the price was so wide on this trade I used a Nadex spread to trade. The spread got trigger at 105.23 and exited @ 104.57, 66 ticks, with 3 contract $198. I used 3 Crude Oil (Aug) 103.50-106.50 (2:30PM) @ 105.23 spreads.

Below is the screen shot of the trade. Times are CDT.

2014-07-02 CL 8-14 Trade

[/quote]

i did a profit popper last night and profited 1,050.00. They are great.