CL Redux

I had a feeling the market would sell off this afternoon, but unfortunately I had to step out for a bit. Oh, well. :)
 
Quote from BCE:

Nice trade. :)
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+1
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time to swing it long
 
Quote from BCE:

"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up." There's no need to trade every second. Just wait until it's more obvious and clear and then put on a trade and see how it goes. If you do that you'll maximize your profits and cut down on your losses.
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It only took me about 2 years and 20k to figure that out :D

I saw a pile of money on the floor at 87 but everyone beat me to it while I was having lunch. It sure is nice the market usually gives me a couple chance to pull my head out of my ass. I'm building a long position in the CLH1 1st buy got filled at 88.70 just as I'm typing this. I'm looking to go up to 8 contracts and will use puts as I see fit depending stupid noise that keeps this game from being easy. My uncle point will be 1 daily standard deviation below the daily trend line. I will be sure to keep ya'll up to date on adds/hedges.
 
Quote from riskaddict:

I'm building a long position in the CLH1 1st buy got filled at 88.70 just as I'm typing this.
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You meant 87.70. :) Are you going to average down?................................kidding. :) We'll see how this goes. May pull back a bit more. And now that I've said that it's sure to go to 89.50 by the EOD. :) I'll expect my cut of course if it does. :)

As always, wishing you great success. :)
 
BTW now that I'm posting again on ET it makes sense to go long on these :) :) :) :) :) ............he said poking fun at himself. :)
 
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