Tuesday, November 6, 2018

Trades for Nov 6

Bought 1 contract WTI crude (CLZ18) at 62.33. Closed position at 62.03 for a loss of $300.  

Bought 2 contracts Candian Dollar (CDZ18 for average price of .76155. Closed at .76155 for break even. 

Bought 2 contracts WTI crude (CLZ18) at 61.70. Closed at 61.95 for $500 profit.

Bought 1 contract WTI crude (CLZ18) ast 62.21. Closed at 61.80 for loss of $410. 

Overall, loss of $210. 

Oil is difficult. My error here was chasing price. It went against me. The proper entry price for these oil trades should have been about 61.60. 

I will continue to refine my technique. Oil should be profitable, and I will make it so.



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From my point of view -- or as they say, IMHO -- none of the above "reasons" -- I'd like to call them "excuses"...