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.
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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