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With stop loss this thing would not make this returns. I saw everything there is to see here. No stops and deceptively smooth curve. They all look same for some time. I stated before and say it again, all these systems suck. They are rigid, most are based upon some temporary market conditions and cannot adjust. This guy is not a real trader. If here were he would close his long positions at loss and find a place to go short. As Bruce Lee told there must be no style and fighter should be like water. I see no difference in trading.Why, why not to short? Markets were going down like derailed train and especially oil.
Be like water 😁 Sounds good. But 'be in water' sounds even better. Nothing better than warm thermal bath. Oh, maybe a Metaxa-ginger cocktail in the bath, that's even better. 😁
So is trading a fight? I don't know. For me it's more like throwing the fishnet in and trying to pull out some profits. Sometimes it works - sometimes it don't.
There's dollar inflation and economy needs oil - so price could go up sooner or later. The trend is up. That's why I wouldn't short oil even if some analyst thinks it would tank heavily this year or when the daily chart 'looks a bit stretched'.
Chikot posted: As Bruce Lee told there must be no style and fighter should be like water. I see no difference in trading.Why, why not to short? Markets were going down like derailed train and especially oil.
Speki, do you like jacuzzi ??? thermal bath must be same, no? I personally could not stay there for more than 5 min. Too relaxing I just could not take it. But I do love sauna! Just going to the gym and then sauna :)
I am very bullish on oil longer term. with China and India here and increasing numbers of cars there there is no way oil can be cheap. Considering that China's own oil reserves might last for few more years situation is dire to say the least. Oil is the foundation of current civilization and we have not had any significant finds over past 20 years. We simply do not find those super fields. Been following energy bulletin since 2005 so I am pretty much aware of overall oil situation.
Yeah I like it wet. 😁 I like all forms of water - ice, fluid or steam but I'm not a big jacuzzi fan. Yeah you could say a thermal bath is a big hot jacuzzi.
I admire those who have a good understanding of fundamentals. I know it's not brain surgery but still the market tricked me so many times. 😁 So I keep to trading with the longer TF trend, trade interest positive (if I only can) and use low leverage and hope for the best 😁.
Interest positive means, look how the 'yuro' tanked this week - I might be looking for shorts but only on EURAUD or EURNZD - so those little piranhas (interest rate differences, the swap) won't bite me.
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