day 3 of tradining

Today, was a good day of trade, i cleared up the deth for yesterday and up the account by 600
Today best lesson learn was, you need to do a good planning of entry and exit. Sometime in future, the prices moves very quickly till you cant really control. Example, today i did a short sell of oil (/CL). in less then 5 minute the price when the oppsite direction of my planned trade and it jumped up by 40 plus ticks.
At that point of time, i was losing about 400 plus or so. There was 2 option at that point of time.
1) Cut lost- do a sell and buy back, to cut down on the losses and may even be able to break even. By buying it with the ride up and shorting it later on the ride down.
2) Hold- while doing a hold, you need to make sure your cash is enough to hold for about 60 ticks. Or the upper limit or lower limit of the current share partten. As the prices of oil, normally move in a cycle. where there are up and down. and when the price go up, it will come down. Doing abit of correctioin at that point of time.
If you hold, you could sell it at the period when the price come down a bit, to reduce the loses, Or hold till it come down with the cycle.
But holding will increase the risk of you losing more money. As you will never know where the prices will go next.

Therefore, its always best to stick to the plan of trade always.

Rule for me

1) make 100 sell and run
2) Lose 50 sell and run
3) Enter fast, exit fast
4) unsure dont buy
5) no partten dont buy
6) no sign dont buy

Question for myself...the current oil price which im trading now, is close to ending. Is it wise to carry on trading that contract or chance a new one?
My guess would be trade the next month contract, since the current one is ending soon. the volume of the old contract will be low. But yet to study.
It still have 6 more days to it end.