http://KnightCapitalManagement.com
According to rules you could have taken this trade and earned $540 per every contract traded today.
So with a 10 lot this means $5,400 plus the other $2500 from earlier today makes for a very nice day trading Crude Oil ...
Are there better times to trade it than others? Obviously, I think so ...
My 2 Cents ...
Good Trading,
David "Tiger" Knight
Thursday, June 3, 2010
Crude Oil Trading on Thursday June 3rd after the Inventory Report
http://KnightCapitalManagement.com
Here is a great example of patience paying off in your trading. There were a lot of false signals prior to the release of the Crude Oil Inventory Report ... then a slam dunk long trade!
Our traders were able to pull out $250 per every contract traded today ... do the math ... if you are trading a 10 lot then this is a $2,500 trade.
This is a sample of one of the charts that we are using for our new TCB - Taking Care of Business trading strategy for the Crude Oil Market.
Good Trading,
David "Tiger" Knight
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