CL Journal

I'd be interested in positional longs around or below $30 atm. I feel like U.S. production is going to drive price into the ground again. Maybe it'll never get there, but oil at these levels isn't very compelling to me.
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Maybe ;
but it has to close below $45 to get there. NOT a prediction .Expect Extremes -Richard Dennis
 
I notice you systematically respond to to quite a few of B1S2's replies, minutes after.

I would beware the people who take multiple stops of over 3 dollars in oil, several times over, and claim they aren't paper trading.
Beware of someone who creates a new nick to chime in.

Beware of someone who posts trades well after the fact.
 
Beware of someone who creates a new nick to chime in.

Beware of someone who posts trades well after the fact.
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OK;
unless you know they are honest.I dont think Buy1Sell-oil,likes that new nickname, so i will beware of calling him that.
 
I notice you systematically respond to to quite a few of B1S2's replies, minutes after.

I would beware the people who take multiple stops of over 3 dollars in oil, several times over, and claim they aren't paper trading.
I'm not linked to b1s2 in any way other than I appreciate his posting. 3 dollars in oil may be a big stop to a day trader but likely not a huge one for a position trader looking for 10 dollar moves.
 
Beware of someone who creates a new nick to chime in.

Beware of someone who posts trades well after the fact.

LOL - he's not charging you a mgmt fee, and you are entitled to a full refund!

I appreciate anyone who is willing to stick their necks out and share their logic/rationale...
They may not always be right, but hey - it's their forum and you can always go elsewhere if you have found some other holy grail of the perfect, free, online forum that posts trades in advance and is always accurate. All the best with that.

Meanwhile, every participant has one of three choices:
A. Snark (those who cannot do tend to criticize those who do)
B. Reflect (open your mind and you might learn something)
C. Share (everyone has their personal reasons when they do this)

The choice is yours!!
 
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Beware of someone who creates a new nick to chime in.

Beware of someone who posts trades well after the fact.

I only have one account. I never learned to share as a child. Better you should follow someone who loses 7 to make 10 in how many weeks? If this was a real account being traded, he would be wiped out several times over already.
 
If I was to go long this would be the area.

Screenshot_20170608-132550.png
 
I'm not linked to b1s2 in any way other than I appreciate his posting. 3 dollars in oil may be a big stop to a day trader but likely not a huge one for a position trader looking for 10 dollar moves.
The proper stop size for a long position in a $45 product is $135... Geez.
 
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