CL Redux

Quote from F112358:

I think this thing can be traded better from a daily chart or at least a longer term chart like hourly or 4 hourly. These micro wiggles are very tough to handle profitably, unless of course you have a very sexy short term chart.

Thats how I feel about every market....
 
Quote from F112358:

I think this thing can be traded better from a daily chart or at least a longer term chart like hourly or 4 hourly. These micro wiggles are very tough to handle profitably, unless of course you have a very sexy short term chart.

The problem is what happens if you're wrong? Can you afford to get hit with a $2 stop? Better I take small losers than be thunderstruck.
 
Quote from schizo:

The problem is what happens if you're wrong? Can you afford to get hit with a $2 stop? Better I take small losers than be thunderstruck.

Right. It is not a small contract. Perhaps small accounts can trade USO with a longer term chart. Definitely CL packs $$$/minute.
 
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