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K, taking a break for the weekend, been a hell of a ride.
Current status from Sep 16th to today...
Summary screen...
And the open positions I am in. As you can see, it is getting worse. Bad juju...
But hey, this is all a part of the test. The current PnL is -$7K or so? But I have the $16K buffer of profit to protect me. Gonna' be a fun couple of months of testing!
P.S. There's one bit of comfort I take from this current status...
I am down 7K? I could close those positions for a 7K loss, but still be up 8K for two 1/2 weeks!! That is still a decent profit level! I take comfort in that, but I must continue with the testing through this volatile time.
Same ol' posting chart format, including open positions...
Trade log since last update...
Yikes, here it comes...
Oi vey. I may have to GTFO of of these shorts since they have been hanging on for too long for a hope of recovery before the OPEC meeting on Nov 30th. I cannot be in the market between the election and the OPEC meeting, it will be too volatile I reckon'. So soon I may have to take the current $5K-$7K loss. I'll pull it through the next trading week, but that is as far as I will be able to take it. I may actually close out the Dec CL short to give me more ability to try to scalp back profits before they all have to be closed, undecided on that. We shall see.
This user has been banned after users reported him spamming them unsolicited messages to sign-up for Felton Trading, a banned vendor on this site who already had his own accounts banned.
I am the user that reported him to Mike. After being shocked on the banning of Alex, who I still believe is genuine....I told him to ban this guy then because he PM'd me twice about Felton Trading which seemed like a scam.
Up till now I didn't say anything because I didn't know it was unallowed on this forum. But after seeing what happened on Alex's journal I told Mike about this.
He probably preyed on the fact that I am young and inexperienced compared to other successful traders here. Probably thought I was easy fish .....but thats the one thing I hate most about the real world.
