Quote from spanish89:
Aloha
Im sorry that you are in this loss (£250 is alot of money), but if you look back on the msn convo history i did say to you at the time of you making the trade that itwas very risky, and to wait for lower price.... :/
(Since i had you cash in your trade at 43.46, as i was concerned as to why oil wanst rocketing more after 4.2million was announced, and so had you cash in there when i wiated for 30ticks higher).
And then when you said about should you buy back again i did say ''You can, but itd be risky, and you should wait till it goes lower''.
But you said you had already bought it.
Aloha even though i did say at the time that it would be a risky trade to 're-buy' at that time...,
i dont like seeing anyone having sadness,
esecially not you who has always been so nice and could become an extremely skillfull trader a you gain experience.
And so i am gna let you know now that i am going to insure you for upto £250 on that trade.
*The funds will come from the next £1,250 i earn when i restart in january.
So now you dont need to ''worry about the money'', and have that influencing your mind.
Instead just look at the chart and look at the steepness and extent the market has fallen, and then use that to decide if you were coming to the market now with an empty portoflio, would you look at the market now and decide
''I am going to sell now after this huge crash!''.
Or
''I am looking to go long now for the pullback after such a huge crash''.
Im not joking about that £250 insurance btw, you've chatted to me on msn and facebook + on here,
and so i hope you can see that i dont muck around or talk shit.
Ive always been straight-up and direct.

And so i do mean it, If the market (jan's value) does crash down even more somehow, and opec sit by and dont do another emergency meeting or anything and so you feel you should take the loss then,
i will cover £250 off the loss from the next £1,250 i make..

