You are probably right about the put spread. It is not a trade based on a technical setup but more predicated on the belief that we should see...
And down she goes....that didn't take long.
I have a long put spread on USO (40/34) that I held onto even when I closed my CL. I am tempted like all hell to short CL again as I can't...
Out of my short CL position at 78.58. Short at will she should roll over at any minute.
I need a one-two punch of some seriously missed earnings and some dire economic reports to create a huge round of profit taking. not only would...
I should have but i decided to hold until morning on hopes of some general market profit taking, dollar strengthening, etc. If the dollar is...
Au contraire, I will be surprised because the very act of my closing my short position indicates that the near term future direction of crude...
Yes, i fully realize that I will close out my CL position tonight or tomorrow and crude will probably drop $3 - $5 this week. It won't be the...
Yeah, i've changed my mind. I've got a short CL position I'm going to close out tonight or tomorrow morning. I have long January put spread on...
Yes, it is quite fortuitous for them. I am having a hard time believe and/or accepting that crude can maintain these prices given the current...
Sorry, to be clear, when I said "kill" me, Ive taken about an 8% portfolio loss. For me, in such a short period of time, that kills me....
I have two actual trading systems, one automated and one based on signals, both of those are well understood and are doing well. Unfortunately,...
I'm an idiot. I will pretty much just leave it at that. This 20% move in oil has more or less killed me.
It's clearly, without a doubt, type 3.
cash index futures options expire thursday or i believe at the open print on friday morning... or the stop trading thursday and the final price...
well it looks like we topped out tonight folks
Why would commodities continue to rise if the market is to fall? Quite a few of the commodities are either at the top of their channel or seem to...
One of the things I haven't been doing and never really saw the value in was documenting each trade rigorously. No longer. Beginning...
Redneck- That was a great post -- that was literally me on the day i first posted "Crushed". Ive been doing this long enough to know...
Yeah me2 i was wondering the same thing. Trending would have seemed to work better over the last 6 months. My mean reversion system actually...
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