9.1 Million Barrel Build in Crude Oil. Wow. Get The Hell Out.

GRRRR!!

This is why i dont like to listen to other peoples advice!!

Because they get it wrong, when i forecast it right, everytime!!


And then if i do get it wrong i have no1 else to blame but myself, but now when people keep saying that oils going to stay well above 120 and id be an idiot to be selling, i now just have to blame myself for being stupid enough to listen to them!!


:mad: :mad:
 
Quote from spanish89:


This is why i dont like to listen to other peoples advice!!

Because they get it wrong, when i forecast it right, everytime!!
More...

Well, all I can tell you is that I was a buyer yesterday and I was a seller this morning. I could be a buyer this afternoon. Who knows? As long as you are trading true to your method and time frame you shouldn't need to look to others for trading advice. Only you know what your objectives and parameters are.

You said buying Tuesday afternoon and yesterday morning was "gambling" because the move was irrational, however there was ample opportunity to make money yesterday being long and almost zero being short. Was I gambling when I sold short earlier this morning then? I don't think so. Who then is really doing the gambling here? What would you be saying if oil was $124 right now, which it very easily could have been? Would you still be so strong in your short conviction then?
 
Quote from EMRGLOBAL:

Your wrong, It takes far more money than 4 or 5bucks to get out of the ground, even in Saudi Land.

More...

Prove that I'm wrong i got that number from a very reputable financial magazine, they were speaking of the oil in iraq that is very close to the surface and how more than 3/4 of the oil fields in iraq have still not been developed (this is also good news because if iraq can get some investment from foreign oil companies this could potentially bring alot of new supply online and lower the price even more so)
 
Nah its not you i was referring to mate..

I cant even be bothered to go and read through all the posts now though, since its not gna achieve anything.. lol

And its my fault for listening to them and not following my own methods that have been making me such an incredibly high % profit each consistently each day for months now! :(


I see oil's next support at 116.70 area....
 
Quote from spanish89:

I see resistance at 121.50 area.. :cool:

And see 35% chance itl fall as low as the 118.50 area support..

90-95% it will go back to the the 119.30 area atleast, before touching $130!! :D
More...



SIGH!!! :eek: :eek: :eek:
 
Quote from brocklanders:

Well, all I can tell you is that I was a buyer yesterday and I was a seller this morning. I could be a buyer this afternoon. Who knows? As long as you are trading true to your method and time frame you shouldn't need to look to others for trading advice. Only you know what your objectives and parameters are.

You said buying Tuesday afternoon and yesterday morning was "gambling" because the move was irrational, however there was ample opportunity to make money yesterday being long and almost zero being short. Was I gambling when I sold short earlier this morning then? I don't think so. Who then is really doing the gambling here? What would you be saying if oil was $124 right now, which it very easily could have been? Would you still be so strong in your short conviction then?
More...

Excellent points!
 
Quote from spanish89:

Nah its not you i was referring to mate..

I cant even be bothered to go and read through all the posts now though, since its not gna achieve anything.. lol

And its my fault for listening to them and not following my own methods that have been making me such an incredibly high % profit each consistently each day for months now! :(


I see oil's next support at 116.70 area....
More...

With all due respect, you ( and your Ego ) seem more concerned about posting your predictions on ET . . . rather than trading and making money.

As a previous poster suggested, you could have been "in and out" on both sides of the market the last two days - - - given the volatility that the market has experienced.

Instead, you chose to come on ET and bring attention to yourself with the old "could-a, should-a, would-a" show.
 
Quote from Landis82:

Congrats.
Another loser to average down on.
Crude +$4.00 and USD getting crushed.
More...



I knew you would chime in on my purchase of DUG,

After it fell yesterday I added more to my IRA account at $33.75.

Holding 2 seperate positions now.

One just under $35 and the other at $33.75.

One in my IRA and the other in my trading account.

Not worried one bit.

DUG is headed back to $38+


Did you see QID rally the last few days, my second position I sold out of on Wednesday and will add another position under $39.75. Still own the shares I bought around $43 and change.

Also forgot to tell you I bought some SMN as well at $34.20
 
Quote from Landis82:

With all due respect, you ( and your Ego ) seem more concerned about posting your predictions on ET . . . rather than trading and making money.

As a previous poster suggested, you could have been "in and out" on both sides of the market the last two days - - - given the volatility that the market has experienced.

Instead, you chose to come on ET and bring attention to yourself with the old "could-a, should-a, would-a" show.
More...


I dont trade both ways, only focus on either only selling or buying a market in the trend direction, until theres a clear trend change.


And i havent just been spending my days horsing about on here and not trading! lol

If you check my journal you will see that ive still made about 20% profit on my account capital this week, even though this week was so crap compared to each week in the previous 2months for me.. lol


So while i may do alot of posting, im still making an extremely high % profit trading.
 
You must log in or register to reply here.
Back
Top