Any updates ? You are way underwater here? Tough to make 50 ticks on winners and lose 200 on losers no ?
hopefully you'll be interested in my invitation here surf... http://www.elitetrader.com/vb/showthread.php?s=&postid=3753824#post3753824
Our Price Drivers have turned BEARISH on oil CL . short CL @ 89.92 Adding one more CL contract short at 90.17 Adding 3rd contract to CL short at 90.45 the clock on the wall says it's time to add on more, martingale is alive and well. the " price drivers " have to be screaming on the left nut squeeze by now........ " Since the Federal Reserve was created, a picture is now only worth 78 words........."
http://www.songlyrics.com/the-style-council/long-hot-summer-lyrics/ Don`t worry,surf.Honk if you`ll need me,i`ll tweak you PD a bit,for free, bud!
His trading style is flawed. On the trades that go his way he holds a tiny position. Then ones that go way against him are triple the size. Also his risk reward seems way out if wack. Risk 3 times what he makes ? Curious to his thoughts. I guess if crude and YM keep going up we won't hear from him.
Although,you was right with the direction.My model tells me we are yet to see the oil price between 86 and 87 range soon.So wait a bit and youll turn your ($3K) into $15K soon.