I know some people like to consider trading and gambling the same. I am not one of those. Of course any price is possible but unless Trumpie or Little Kimmy blow a fuse $100 oil is not very likely which is why I said it is a "bet".
Doesn't matter what he did in the past . Apparently he couldn't adapt to the new trends and lost huge amount of money in a short period .
I havent read this entire thread. Cant be bothered tbh. 1st few posts were pretty interesting but I just want to ask why the hell anyone would attempt to factor in funnymentals into their trading decisions? Me. I just watch the charts. Its the one place no one can hide from.
Had a look at your web site, looks ok But you have misquoted Jesse..... "It never was my thinking that made the big money for me. It always was my sitting"..... . Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. Favourites.... - It never was my thinking that made the big money for me. It always was my discipline. Jesse Livermore - In the middle of the road of my life I awoke in the dark wood where the true way was wholly lost -Dante - When you doubt your power, you give power to your doubt – Aristotle - Your biggest problem is that you expect no problems. Buddha
Thanks for letting me know. Sitting tight is one very difficult thing to learn. Fighting my imagination when no trade exists is an exercise in discipline.