Oil (CL) Live Intraday trading
- Thread starter stasbz
- Start date
OK gentlemen, let's keep this thread of CL calls active. (Only for CL!)
Just no more than 1 trade per day. (Don't have to trade everyday!)
A trade can be multiple days. (Or multiple weeks/months!)
Every trade includes an open call and exit call. (Otherwise, at least an open call!)
For every rollover to a new month, the original price of a trade must be re-stated and adjusted accordingly, corresponding to the current month's contract price for the same day! (Any questions?)
Just no more than 1 trade per day. (Don't have to trade everyday!)
A trade can be multiple days. (Or multiple weeks/months!)
Every trade includes an open call and exit call. (Otherwise, at least an open call!)
For every rollover to a new month, the original price of a trade must be re-stated and adjusted accordingly, corresponding to the current month's contract price for the same day! (Any questions?)
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For example, the below trade/call opened on 4th November at $44 should now be updated, if this same trade/call is still held till today, equivalent to $47 for the May17 contract, when at the time of closing this trade by its expiry of May17 contract.
https://elitetrader.com/et/threads/oil-cl-live-intraday-trading.303105/page-4
Excellent thread indeed!
My call for the next few days is Long (now at $44), due to market expectancy and actual outcome of upcoming election result - Probability: 75% Up; 25% Down.
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Good thinking, and good question, indeed!