Posts Tagged trading crude oil

Trading – Back to Basics

Trading - Back to Basics

There are many times in a traders career where he or she will get to a point where they realise that they are using all sorts of complex and elaborate systems to get in and out of trades only to find that nothing is working or that it takes too much time and effort to do all the analysis. Having too much knowledge and expertise is not necessarily a good thing in trading, one can get something called 'analysis paralysis' where you just confuse yourself with all the knowledge you have and end up d

November 7, 2011 No Comments Full Story

The Stresses of Trading Crude Oil

The Stresses of Trading Crude Oil

Today was a very interesting day in terms of my trading psychology. I was able to see where I went wrong and also analyse my trading psychology and where I went wrong. I mentioned in a previous article about the importance of where to put my stop and one thing that I did well today was that. My stop was below the previous low and therefore support at 8847 (which is a little bit below the actual support at 8860 to take into account the stop hunters and spreads). The trade didn't really get

September 8, 2011 No Comments Full Story

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