bluebird4211
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Posts posted by bluebird4211
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OIL £1623.4 Purchase price minus £1237.2 Current price = loss of Per Barrel £386.2 x 21Barrels = - £8110.20 is Correct
Just incase ,figs can be confusing if novice £386.2 would be three pounds 86.2p
Hope this helps , remember each point is a pip so effectivley you lost 386.2 x 21 = 8110.20
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Man with respect your crazy, 1 its your responsibility to watch your trades, sometimes you get alerts, but not always,
2 why on earth go long on oil when everything so mad, AML, read their own press alerts things tight , no insult intended ive had good and bad days ,Know this markets are crooked , there are patterns and there are manipulating traders, TRENDS very important,you really need to learn that some news stories misleading and sometimes when press deadlines looming reports are guesswork to hit deadlines and can not be relied on ,dont just read reports on here cross ref with Benzinga, Marketwatch, you will see conflicting stories, now is not good time to trade if your not seasoned. use demo account ,i would reccomend do at least 50 trades using research ,get a feel for ,it using news watch how volatile,your trades can be closed without notificationand why suh large amounts ,so many trdes if your not keping an eye out,good luck but take a step back for now,i am no expert but those trades strike me as awful.i have done about 65 trades on demo as market so wild with 91% success ,but not trading real$ at moment getting the feel before getting back in, good luck.
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Rules in stock market are like chocolate socks,algorithams in stock market can seek and kill trades,had previous experience where expert i followed suggested 300 stop loss i went 600 then i decided not enough went farfar more and enormous drop in minuites and return to top wiped me out, you will learn in time markets are not best place to find fairness,and honesty ,your up against serious influncers ,inside traders, and misleading news items ,and some alledged experts who are nothing of the sort in a group who bull each other up to get tv time and sell books and courses.
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Also recommend use demo account for at least 30 trades if not more and watch indices and commodities regular
or any others you may be interested in to gauge how quick markets move .
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Its your choice but if new to trading ,the current market is for experienced traders ,if you trade as newbie in current turmoil i am 100% sure you will burn.
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This coro going to go for months,Oil rising today, ships not sailing ,planes not flying, streets quiet, big loss of trade due in general, enough oil sloshing around to make a knew ocean, fattening the goose again,im pretty sure you know what im suspecting comes next.
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On 06/03/2020 at 12:20, dmedin said:
Oil @ 45 bucks?
I called oil $40 or less on 3rd Feb, now to be bold $72 IN 6 MONTHS and Dow 60000 18 months
On 24/02/2020 at 14:30, dmedin said:If so then buy it at the bottom
may take a few weeks to true bottom,peek a troughs first
On 06/03/2020 at 12:20, dmedin said:Oil @ 45 bucks?
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On 23/10/2018 at 09:30, trade247 said:
have you ever bought actual gold? as in going into a store and purchasing that way? I have no idea about it and never looked into it, but there must be an argument for it? I wonder if the commissions are huge?
Dont forget, shop price inc profit for retailer aslso amazes me people think gold is safe ,dont forget they oassed a law to turn in gold or face prison and in the day enormous fines, gold is for trading large sums its no use for groceries if currency low
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39 minutes ago, dmedin said:
Yeah.. it's kind of urgent, but not completely urgent
Yep my thoughts exactly, bit like why put off today what you can put off tomorrow!🤧
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If 72% as examples of investors lose money , then that chart has very little value of where markets will go .
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Makes little sense to wait until then?
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Fattening the goose for the chop/drop pointto note sense does not drive markets and those in priveliged position know whats coming and how to long or short markets before anyone else, i dont beleive that people close to trump dont go to market before he annouces something out of the blue i know some time ago when an expert i followed was suggesting a 300 point stop loss i went 2000 and in no time it was wiped out in a crazy drop that lasted no time and shot back up and oif that wasnt an algoritham on a mission i will eat my hat.Algorithams are a blight as far as im concerened trading isnt really about stock its who can write the best codes.
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On 04/02/2020 at 06:58, Caseynotes said:
The virus is turning out to be a lot less deadly than first feared while global econ data continues to improve.
Fattening the goose for the chop / drop.
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4 minutes ago, Caseynotes said:
very probably and hoping for OPEC to step in and cut sooner rather than later.
Cora tip of iceberg ,WHO, done own estimates numbers to balloon yet, wauting for this to drop like a stone
13 minutes ago, elle said:guessing that there are attempts to keep price in this range
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On 01/02/2020 at 15:31, wjw22 said:
Wolf Street on 30/12/2019: I, Who Vowed to Never-Ever Short Stocks Again, Just Shorted the Entire Market
I do hope he lets us know how he gets on.
Novice compared to yourself but,huge loss of investors in oil and OPEC meeting aprox 14 Feb with a view to cutting production and the China virus hitting global economy plus the period of around two weeks before symptoms and it really only got declared properley on 31 dec ,it seems reasonable to me that there will be atleast a doubling of cases in the coming weeks and combining the slowdown and the timing of talks the price v other events such as sars beleive oil will drop to $40 before anything gets better and possibly lower.
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I would say a bit of both
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On 01/02/2020 at 21:26, dmedin said:
The fossil fuel industry is dying and it won't come back.
What ever i have to say i could not say it as quickly as Jim.
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20 hours ago, Mercury said:
Coal has had it's day but Oil and Natural gas is still the mainstay and will be for decades to come. In fact the world is awash with natural gas, hopefully instead of burning it off at Oil wells it will be harnessed to produce electricity as it is the cleanest version of fossil fuel. The latest technology being worked on by the Oil industry, which is in reality the Energy industry as few, if any, are pure Oil companies anymore, is to use carbon dioxide in fracking to fix the carbon dioxide as part of the process and render the extraction carbon dioxide neutral. If the Oil majors share prices were to plummet they would be a massive buy for me. They will be at the forefront of of the next energy revolution.
Tell that to China, i strongly disagree coal is very much in use ,industry cant just stop using coal even if it wants to,
i do agree oil is not going to die nor is gas, also Hydrogen is the dark horse thats going to come through at a canter
there is a reaso Scotland wants indendence and its not simply EU or national idendity.
Is Crude
in Commodities
Posted
Yes if you keep eye on them you can get out limit the loss , your reply is like driving a car at a wall and not hitting the brake.