Crude in 2011

September 5th, 2011, 04:05 PM

tigertrader

Don't get out till 64.00 !!!

@tigertrader

Hi Tiger,

LOL! Looks like you were right on the money - more down today.!
Last 83.50

Are you rolling in dough?

Good call!!

September 5th, 2011, 10:37 PM

aquarian1

An autographed copy of my lastest and as yet unwritten book:

"How I made a million dollars in CL -
start with $3 million and don't trade too often."

- just kidding.
The prize is different for each participant.

aquarian1

@ TraderJoe0410

Why not join in Joe - you'll beat the pants off us I'm sure!

The contest is open to anyone.

Mostly for those making occasional swing trades. If your style is scapling for a quick 20cents then that would be better in a separate thread, I think. This doesn't mean you can't bail on a trade quickly though - these things happen. No hard and fast limits on trades per week - but I'm visualizing the maximum round turns at about 15 or so per week.

Hey aquarian, this sounds like fun. When are you guys planning to start? I'll try to swing like your style rather than scalping with my sim account. If it works out well, i'll do it live. =)

I had the chance to peek at the market yesterday and oh boy, that was a fun trip down. Too bad i was away from my desktop.

September 6th, 2011, 10:31 AM

TraderJoe0410

Hey aquarian, this sounds like fun. When are you guys planning to start? I'll try to swing like your style rather than scalping with my sim account. If it works out well, i'll do it live. =)

I had the chance to peek at the market yesterday and oh boy, that was a fun trip down. Too bad i was away from my desktop.

Ok Joe you're in!!! (new guys start on the first trading day of each week)

You get $71,000

You can become ambidextrous and have both swing and scalp in your skill set!!

I'm dying to see if a scalper can teach the swingers a trick or two!

September 6th, 2011, 10:33 AM

Tuesday, September 06, 2011
09:23:51 AM

Order to buy-to-cover 1 at 83.59

September 6th, 2011, 06:33 PM

Tuesday, September 06, 2011
no fill on this morning's order
no open orders

Holdings = short 4 Oct 2011 contracts
1 at 86.36
2 at 87.60
1 at 89.50
Avg 4 at 87.765

Closing Cash Balance $66,620
Open equity 1.255 * 4,000 = $5,020
Net equity $71,640

September 6th, 2011, 06:42 PM

Tuesday, September 06, 2011

CL swing trade contest
Close 86.51

Aquarian: cash $66,620 + open equity 5,020 =71,640
TraderJoe: cash $71,000 + open equity 0 =71,000

September 7th, 2011, 01:09 AM

aquarian1

Tuesday, September 06, 2011

CL swing trade contest
Close 86.51

Aquarian: cash $66,620 + open equity 5,020 =71,640
TraderJoe: cash $71,000 + open equity 0 =71,000

This should be interesting, I just made sim account so i can post my results. I'll take a swing at CL. =)

September 7th, 2011, 05:42 AM

Long @ 86.59 - 1 Contract 5:42AM EST

Still in @ 87.01 - 1 Contract 6:04AM EST

Getting out @ 87.14 - 1 Contract 7:42PM EST, but got filled @ 87.11

+52 ticks

September 7th, 2011, 09:50 AM

looking good Joe!

I don't have time for watching CL today so I throw one into the fire

Wednesday, September 07, 2011

Order to sell 1 at 89.51

September 7th, 2011, 12:10 PM

So you might wonder - well if he thought it would get to 89.51 why didn't he buy?
Too tired this morning - its been a real slog - not much of an answer but I'm wondering why I didn't buy myself then I can sell two.

According to NT it's been as high as 89.33 and it doesn't look done yet.
(I'm even wondering about moving it further away.)

From the 87.73 that's a pretty healthy move.
I should have Joe entry and I do the exit! haha..

aquarian1

Wednesday, September 07, 2011
Order to sell 1 at 89.51

Crude in 2011

Discussion in Commodities

Crude in 2011