short pure simple and to the point LONG OIL now target 85 STOP loss equal to target except into the minus Dear ETer, are you really so slow to think OIL will hit my stop before it hits my target good luck
AAAAAAAAAAAAAAAAAAHAHAHAHHAHA I stated few times on ET that I am your intellectual superior and Now I'll prove it yet again It is not the year signed up that should matter to you grasshopper but the words being posted plenty of fools here, plenty
lets say you buy OIL at 57 target at 97 STOP loss at 17 DO YOU REALLY think OIL will hit that stop loss learn from me little grasshopper learn
Are you really going to buy just because you think "it can't go down more"? Oil could very well hit 17 before it hits 97, it was around 17 as recently as late '01 and a global recession/credit crash is bearish for commodities. Or, it could spend the next 15 years bouncing between 20 and 60.
lets say you are right fair enough well then I'll take a loss, you didn't think I bet the farm did you I am a futures daytrader for christ's sake, this is just a small side fool proof project, get on board and make some money with me
Speaking of stop losses: You willing to put up 40k for every contract to protect that stop? No? Then what's the point of your stop. This is just an exercise in theoretical meandering. Actually, what's the point of your post.
so what you are saying to me is that you don't have MONEY to take advantage of such a stupid ass fool proof opportunity hey sucks to be you but don't assume we are all in the same boat little buddy
You forget to tell us WHEN the target will be reached. By your own naive testimony, even though it would not hit your stop loss, you might need to sit on your retarded ass for some time. I mean, geezus, this must be one of those unforgettable boneheaded assertions reserved for the history books!
are you ready for it little baby, little paper trading baby 1 year 1 year from now I expect target reached if in 1 year price is at 60 or 70 I will sell still at a profit