A trade on CL and Scaling in at every 10% Increase ........

[comagnum]

Trading, like in surfing - Its a good idea to avoid a crowded take off.

 

[bone]

You are going to need a substantial account, even with one-lots.

Also, if you do not have a substance-abuse situation at present, you'll need to get a head start on that. Just sayin.

 

[grizzlybull]

Good Evening ,

Can someone help me , with the Profits that would be gained , if the following Theoretical Example were to play Out

EXAMPLE:

We enter a Long on CL at the price of $37 ( Trading just 1 Contract )
For Every 10% that CL increases in price,we will add 1 contract

My Calculations for when to add 1 contract/The running total of Contracts at each ( 10% ) mark......
1. at $40.70 we'd add 1 contract = 2 contracts we are now trading
2. at $44.70 we'd add 1 contract = 3 contracts we are now trading
3. at $49.17 we'd add 1 contract = 4 contracts we are now trading
5. at $54.08 we'd add 1 contract = 5 contracts we are now trading
6. at $59.48 we'd add 1 contract = 6 contracts we are now trading
7. at $65.42 we'd add 1 contract = 7 contracts we are now trading
8. at $71.96 we'd add 1 contract = 8 contracts we are now trading

And then we'd just trade the 8 Contracts , from $71.96 to $77

If this trade worked out this way to the " T " , and we scaled-In and added 1 contract per 10% increase in CL , what would the Total Profit be , once CL hit $77 ?

Thank you for any and all help and input

CL today, just do it this way man! save the pain.

 

[algofy]

CL today, just do it this way man! save the pain.View attachment 169166

The grizzlybull strikes again!!!!!

 

[grizzlybull]

 

[murray t turtle]

Good Evening ,

Can someone help me , with the Profits that would be gained , if the following Theoretical Example were to play Out

EXAMPLE:

We enter a Long on CL at the price of $37 ( Trading just 1 Contract )
For Every 10% that CL increases in price,we will add 1 contract

My Calculations for when to add 1 contract/The running total of Contracts at each ( 10% ) mark......
1. at $40.70 we'd add 1 contract = 2 contracts we are now trading
2. at $44.70 we'd add 1 contract = 3 contracts we are now trading
3. at $49.17 we'd add 1 contract = 4 contracts we are now trading
5. at $54.08 we'd add 1 contract = 5 contracts we are now trading
6. at $59.48 we'd add 1 contract = 6 contracts we are now trading
7. at $65.42 we'd add 1 contract = 7 contracts we are now trading
8. at $71.96 we'd add 1 contract = 8 contracts we are now trading

And then we'd just trade the 8 Contracts , from $71.96 to $77

If this trade worked out this way to the " T " , and we scaled-In and added 1 contract per 10% increase in CL , what would the Total Profit be , once CL hit $77 ?

Thank you for any and all help and input

%%
Mainly have an exit plan, just in case it does not trend past $55 in 2016.LOL

 

[murray t turtle]

CL today, just do it this way man! save the pain.View attachment 169166

%%
Stick enough moving averages on there you may hit something.. ...