CL Redux

I should punch myself, why not take the 81.35 short (the bounce)?
trade tiny contract, I am gaining, but very cautious

Quote from trader198:

when look back, how nice a trade is! but I am a new bie, locked myself into "it must bounce mode". but the good thing is I used hard stop loss to cut loss, I think it is a great start.
forget about averaging down, I was looking for setups.
 
Quote from NoDoji:

Yes. Are you guys holding your positions through the numbers?




I see on the calendar its listed for Friday 10:30????


ES open will prolly pull CL down
 
Quote from startraitor:

We could get sucked up to 81.20+ real easy on an upside breakout now.

This is a hold till end of day or bust :eek:



EIA petroleum status report should be 10:30 today
 
Quote from trader198:

I should punch myself, why not take the 81.35 short (the bounce)?
trade tiny contract, I am gaining, but very cautious

what would you do to me if i told you i shorted 8247 at 4:30am and got out with just 10 ticks

:mad:

i might add its the second day in a row i did this

:mad:
 
based on your tech skills, you do not need gamble on that. I will wait until setup is there

Quote from NoDoji:

Yes. Are you guys holding your positions through the numbers?
 
Quote from enochbenjamin:

what would you do to me if i told you i shorted 8247 at 4:30am and got out with just 10 ticks

:mad:

i might add its the second day in a row i did this

:mad:


If you did it with 10 contracts that would be a cool 1000, if you could do this consistently then that would be $250k per year, in which case I'd ask for a small loan :D
 
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