I assume you keep misquoting me on this because you don't understand any of it, which would account for your continued losses.
If you ever turn profitable, get back to us.
CL Redux
- Thread starter schizo
- Start date
I assume you keep misquoting me on this because you don't understand any of it, which would account for your continued losses.
If you ever turn profitable, get back to us.
L 50.51
STOP AT 50.28
STOP AT 50.28
stopped
long 49.71
30 tick stop
30 tick stop
out here at 50.21 for +50
L 49.28
stop at 49.10
stop at 49.10
stopped -18
I guess the easy money is on the short side instead, lol
Don't worry about it old man.
I have a very profitable trade going on that I posted my pre-analysis and actual entry of in another thread on this forum.
I didn't say: "Hello gentlemen! Today price will either go up, down or sideways."
I said, "I think price is low here and I'm BUYING."
I risked both my capital and my EGO. Beats most of the hindsight gurus on this site.
So GS says oil is going down and they've been continually reminding us of this. One should never trust GS - they'll be on the other side of the trade as you get skinned alive and there's zero benefit for them to reveal a true prediction. On the other hand, there's a lot of "the bottom is in!! go long!" talk out there right now - meaning conflicting indicators of what the mass market mindset might be. Commercials are going to do what they're going to do regardless of what GS or others say - but large and small speculators might do something otherwise.
Sucker longs play into it until significant short squeeze for GS to benefit off of trapped shorts, then overall larger shorting again to flush out the trapped longs leaving us right back where we started?
Then there's the magazine cover indicator:
Sucker longs play into it until significant short squeeze for GS to benefit off of trapped shorts, then overall larger shorting again to flush out the trapped longs leaving us right back where we started?
Then there's the magazine cover indicator: