Closing YM Dec long @ 13503 Price Drivers have backed off here, closing with 33 points minus commissions. Not to mention euro zone fears ramping up-- good time to take profits. surf
Yes what are they, please, and also, what makes a situation "special"? P.S., Brother Surf, I expect you may be prit' near twitterpated when I tell you that I put on a swing trade last Friday with the entry price triggered by a dream I had just before I woke up. Is that a valid price driver?
My friend, day trading CL is a very, very special situation. Think of JCP, YM, and AAPL like the Romney boys: nice, clean cut, safe to interview on TV Think of CL like Lindsay Lohan or Charlie Sheen
Well, let's assume you did not put in a stop or target since you did not mention one, and that we will assume since this is a day trade, you will close out at end of the day. So, if you only did 1 contract, you are down around $ 1,000. Maybe, this helps prove that TA works and special situations are useless junk science, but then we already know that.