You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
CL Redux
- Thread starter schizo
- Start date
outright long at 93.42 stop 93.18 target 94.20
are "they" getting the inv number 45 mins before everyone now? Kind of strange for a wednesday for all this action before 1030.
Quote from riskaddict:
are "they" getting the inv number 45 mins before everyone now? Kind of strange for a wednesday for all this action before 1030.
Hard to reconcile the price action with that thesis. It looks like day traders went short and then covered, in my opinion. Equal pressure selling and then buying: back to neutral.
I'm looking to take an outright long at 93.80 then add to it at 94.23 and take profits at 94.70. Can we just fast forward the day and give me my money now. If it goes below 93.60 I'll alter my calendar spread to neutralize my downward risk. So no real stop.
Quote from riskaddict:
I'm looking to take an outright long at 93.80 then add to it at 94.23 and take profits at 94.70. Can we just fast forward the day and give me my money now. If it goes below 93.60 I'll alter my calendar spread to neutralize my downward risk. So no real stop.
Why would you alter one trade just to keep another one on?
Quote from actionzip54:
Why would you alter one trade just to keep another one on?
There is no other trade compared to another they are all working under a master plan. And if that level was broken I would be adjusting the spread anyway. Having the underlying trade on muddies the risk water a bit but with the utter lack of volatility and even change in volatility I need to find a way to make money without stupid risk.
I see what you mean though. I usually do try to compartmentalize my trades but not so much when they are the same instrument with a similar time horizon.