GU longs soon for weekly reversal 1.4580 and 1.4800 would be nice if we can drop to 4160 first

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closed short ES (1899) +28 points not really any profit though because WTI long is underwater

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no i tried to catch bottoms and have a few times for some "decent" gains (3-5 dollar moves), but at sub 40 i wouldn't go all in with no stop loss, however here at 32 i just said i will enter 50% of one account with no stop loss, at sub 20, would ...

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and ES stop above 1905

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target 34.50ish initially stops are varied below different HLs

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After doing more research, I will buy USL instead. It's an oil ETF that invests equally into the next 12 future contract months. USO invests only into the spot month, and then rolls to the next month. I knew there was something a little off with USO ...

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Only reason I have any money in a Roth IRA is tax free returns, otherwise it's useless, the flexibility with trades is terrible and you can't use any margin. It's for no brainer long term trades only. Even if it took oil 10 years to rally, thats ...

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If it goes sub 20 I'm all in long, and probably with a few futures contracts ($3000 per $1 move in oil) No stop loss I'm not one of those doom and gloomers who expects oil to be unable to find a bid and be worthless. It's the #1 most used commodity ...

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They did sell some at $80 and $100. But there weren't enough buyers to fill ALL their orders at those levels. I'm talking about the biggest of traders. Sovereign wealth funds. Those who bought between $10 and $25 are selling remainder of their ...

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you can still keep it for years, yes im aware how futures work

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That would be a good entry, but if you don't get it that would suck, because the upside potential is ridiculous, and the downside is limited. And even if it does go more down, that just gives an even less riskier place to add to your position (with ...

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I don't really care if it falls again. I'm kinda hoping it does. But in case it doesn't, I'm getting in for the long term. I agree with 35 maybe 37 as a short term target.

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If anyone wants to LOL. This is the funniest thing I've seen in a while. LOL when he's lifting weights making those noises, I'm dying. video

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Rahul? Why do you think I care about him? Where did you get that in your head? I have that crazy mofo on ignore.

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Wise words from the 3rd richest financial market investor (only 2bil behind Soros) in the world. I personally lost 60k+ before I started making money, I can relate to this Of course 60k back then was like half a mil. video

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I'm putting half of my Roth IRA into USO (unleveraged oil ETF, the decay is only 0.66% a year), and I'm never selling it for a loss. The other half is in SPX shorts from 2055. Long WTI and short equities seems to be the best long term play I can ...

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It's a strong signal but need confirmation, it seems likely we will at least test half way down that wick in February, and hopefully find a bottom in that range (81.00-80.50ish)... assuming we close January somewhere around 83.00 Similar to what ...

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Yes I agree, GU still has the strength for 3950 before any major correction, but it doesn't have to AJ looks better to me, especially on the Aussie end, not so much the Yen side. Maybe better to just play AU.

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Trying to make a decision on whether I should focus on AJ longs or GU longs next week. AJ bottom is more confirmed, but 400 pips from the major low, I suspect it's headed back to at least 85.50 GU bottom is less confirmed but upside could be greater ...

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The good ol days. Only quotes, no charts.

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