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I can't see how you make money from this, all you would do is lock in loads of losses. Say you sell crude at 10000. It goes up instead and you buy at 10100. The market now goes to 10200. You exit the long position, making 100 ticks on that. The market now goes to 103. You are losing 300 t on...

+1

excellent, well done! :cool: I'm still short... :mad:

Short 9930

Out at 1245 :D

i think i traded with the trend too :D

Sounds like the difference between discrete and continuous distributions.

Define " normal circumstances".

come on 1240, let's be having ya!!!

v good number

The reason why this is all being discussed is psychological. You just don't want to be wrong!!! Put on a trade and then place a stop at a point which proves you are wrong may be a better approach than hedging and all this nonsense.

Germany should leave the Euro, revert back to the D-Mark and let the rest of the eurozone implode.

Hope it does pull back, i wanna buy more!!! :D But i bet it doesn't :(

5%+ up day imho

i reckon 1240+ in play :D

long at 1230, small position though

This may be the trigger for the long awaited Xmas rally.

gonna regret it, should have waited :mad:

Out at 1226, 26 point gain

could see 1240 either today or tomorrow, no sweat