Crude Oil Futures Trading Journal
Crude oil futures (CL at $1000/point, MCL at $100/point) demand precise tracking. Auto-capture every trade on Tradovate or import from any broker.
Crude oil (CL) is one of the most volatile futures contracts, with swings of 50-100+ ticks common in a single session. At $10 per tick ($1000 per point), accurate P&L tracking is critical. MCL (Micro Crude) at $1 per tick offers lower risk.
TradeRipper handles both CL and MCL with the correct multipliers automatically on Tradovate. The analytics dashboard shows your oil-specific performance alongside other instruments.
What TradeRipper Gives You
- CL ($1000/point) and MCL ($100/point) multipliers automatic
- Auto-capture on Tradovate
- Volatility-aware analytics
- Session performance tracking
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Frequently Asked Questions
What multiplier is used for CL?
CL (Crude Oil) is $1000 per point ($10 per tick). MCL (Micro Crude) is $100 per point ($1 per tick).
Is CL good for day trading?
CL is popular for day trading due to its volatility and liquidity. TradeRipper helps you track which times and setups work best for oil.