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Losing position? Have you looked at the timing of the posts? Anyways, since SPX dumped, i am not sure about this thesis anymore!!! Oil might very well dump from here! We will soon see! The setup looked nice, but if it dunps below this months low, i think it's going south. Might SFP and bounce...

Why are you not consistently profitable trader, why are you not making the money and being able to live off trading? What do you believe is your biggest weakness? What do you need to overcome to succeed? What are you missing/what are your most common mistakes? In other words, describe why...

Everything is breaking up worldwide. It'd be really weird if oil dumped. Doesn't make sense.

Make or break for me here. Might be a good trade to just start buying at market as soon as the market opens comes monday. US is NET exporter of oil for the first time in decades. Pomp eet.

Kinda the same for me. "What the F# have i gotten myself into", "this is not what i signed up for", strong doubts of whether i can do it or not, all of those questions often crossed my mind. But i never thought of quitting :finger: All the algo talks, singularity and what not.. I think this is...

Exactly. It was the proxy. The premise was the stocks were going to break up and if it's good for economy, it's good for oil. And the stocks were already taking off at the time while oil had not and it provided for a better risk to reward setup. I really love these kind of setups because the...

Go on. Tell us more.

I think it will go higher. There was a nice short and a nice long to be had. I missed both. :banghead: In the end this will play out and all one should have been doing was sit back and trail the stop loss.

I was wrong.... There is no money to be made anticipating the drop. Just buy the shit out of every dip, and the first time you get stopped, flip short on the bounce.

Market delete this post :) Bought 3114 bitmex sold 3100 as i thought it should go up but it dunped. Timing was not right. Wait for another setup.

This might sound a joke, but you know that guy Bitlord on twitter - biggest fan of XRP, even has tattoos. All he used to talk about was XRP. He's gone completely silent now, check his feed. Only talking about BTC, ETH, LTC... LMAO. https://twitter.com/Crypto_Bitlord Time to go long the...

Good news, fears of recession from just a few weeks ago starting to faint and people who have been bearish for 10 years starting to flip bullish. This is the definition of a market top IMO. I'm not expecting anything big just yet though. We are just ranging for now and i believe the market is...

The market is gonna get rekt any time, just like all of you who flipped bullish just at the top.

I think it would be appropriate to get short somewhere areound those levels, maybe its topped already even.

According to this guy, who is a trading&performance coach for professional traders, it usually takes atleast 4 years to become consistently profitable. This is an industry professional, and not a guru selling trading courses online, so the information is probably somewhat accurate, or atleast...

I was always having giggles seeing all those top calls, but one of them is bound to be right. And i think OP could be right. Timing seems to be right this time. Markets seem kinda toast.

Longer term outlook is still possible, but i'm trading on lower timeframes... I'm just having a bad vibe about stocks and i don't want to be in oil right now... Nice setup would be something like this on Monthly. Fakeout before the breakout? Please.

Good news after a 5%+ rally? Thanks but no thanks. I'm out for now. Afraid of volatility in stocks too... Will re-enter lower if a setup appears

I was thinking exactly the same thing. Only a few weeks ago everyone was calling for recession prior to the breakout, the fear was high. And that was great confluence for longs. Everyone was calling tops too, now sentiment seems to be slowly shifting - which you can see on this thread too...

The price is going higher. The trade is panning out. I will let you know if i change my mind. You are not getting to buy at 50$ or 40$. We are either going to moon from here or i wouldn't want to buy it any lower. Below 54$ is invalidation for me right now. That's when i'm wrong, and as it moves...