Friday, April 3, 2009

keep your heads up

oil dropped down to 51.15-now nearing the 2:30 close-this trader has a rule about a new high as this close occurs and oil has climbed back to 52.33 we used a stop earlier and got stopped out at 51.5 just defensive profit taking really now technical spot for that price choice but rather it had moved i my direction enough and anyday you can pull $1500 out you are gonna be way ahead at the end of the quarter if you count sunday and i dont know why you wouldn't if you can pull an avg. of $1500 a day that comes out to 468000 gross a year not too shabby! anyway sometyime we do better sometimes we do less but we try to be consistent that is the keys and the key to the key are entry points and stops