Why the oil pit needs to be closed down, traders sent back to McDonalds

just shorted 10 cars CL @ 102.30 off margin raise.

 

covered 5 cars at 100.60-65 for a very nice days pay.

The rest stop 101.20 and trailing

 

Is that Mav I see choking on his own chicken?

 

Congratulations for making a trade-related post. Much appreciated.

Other than an impulsive and discretionary call based upon an after-hours margin raise by an exchange, is there a system pray-tell ? Taking $1.30 out of a market with a 20-day average trading range of $3.71 is fantastic, but just curious if this feat can be repeated - or do we wait for another short based upon a 20% overnight increase in exchange margin requirement.

 

your math is off, took more than 1.30

good thing my broker knows how to add and subtract.

now you see what I mean. even when you hand it to them on a silver platter, they give you shit.

nope, I don't need some squiggly lines and twenty rules to confuse. you see, I'm not selling something. those that can, trade, those that can't sell systems to others.

here, have two Shats.



I'm concerned Mav might have hurt himself. No where to be found.

 

This is disgusting pure speculation. You have no link to the oil industry and no other goal than profits . You should be sent back to Mc Donalds.

 

South of $100 again.

 

bone, I can't believe that you are ridiculing anyone on ET for posting trades. The only trade that I recall you posting was a crude spread for a 10 cent profit. I guess that is how you get on an 18 year streak, make one trade a year(didn't Bernie M. make similiar assertions?). By the way, I see you are finally consulting the COT report(at my suggestion), it only took what, 18 years. Stick around, I'll teach you something about spreads.

Regards, local

 

local, this is an et tradition.

look at Maverick74 and Fireplace, neither of which have posted a winning trade in 10 years

Notice the fraud Mav vanished as soon as I called his bluff


First of all, comparing what you made to the average trading range is something only a non trading system seller would do.

I think the important stat is # of trades vs profit per trade. If I make 100 trades and 90% win with a good net profit , who gives a shit what the 'average ' move is?

 

I haven't gone anywhere. LOL. Still waiting for you to post a "real" trade. BTW, no real trader I know ever looks at percentage of winning trades or uses the phrase "a good net profit". LOL.