5% - 10% profit per day trading

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Quote from spanish89:



Ive now had to average myself by adding 2 extra contracts,
so average price is 46.26

So you shorted at 44 and have added another double sized short at 47. To give an average entry of 46.

Nick Leeson would be proud of you.

This will work a few times, but eventually it will wipe you out...

Your plan seems to be to take small profits and hold on to and average big losses. Thats no way to trade.
 
Quote from lemeeeplay:

holly crap, it just overshot my stop at 47.85 and ended up with -$567 loss

I think we might see 48,85 soon.

Maybe shorting is not a good idea.
 
Quote from Gul:

I think we might see 48,85 soon.

Maybe shorting is not a good idea.

Yeah the market is strong, but I have a feeling are going to get a pull back. We have hit the top of the wedge.

I just went short again 47.70
 

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VIENNA, March 17 (Reuters) - Oil prices should reach $60 a barrel by the end of the year, Energy and Mines Minister Chakib Khelil told a news briefing on Tuesday.
He said he expected the April 2 G20 summit of established and emerging economic powers to produce a package to stimulate the world economy, boosting stock markets and the price of oil.
Khelil said his own country could live with oil prices around the current $45 a barrel for two to three years.
 
Ive set stop at 47.96

target is 45.90



Duno where the fuk this last big spike came from,
checking now to see what opec have been saying today.


I just want out asap though
 
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