Dead Cat Bounce

>>1062253
Well, i went leveragedx3 bear on oil at 27,7$ (ca the lowest point in this downtrend), so my ass is sore at the moment. Believe me when i say i shat barbed wire when oil rallied 12% RITE fuken after i bought. Thinking about riding it out tho as i am still bearish on oil. This given that the only positive news oil has gotten in a while is as shit as a hint from saudi.

Currently down 28% at that position

Well I bought some equities and ETFs today before the rally. Up a bit, let's hope to Allah it continues.

>>1062275
you shoulda sorted months ago.

However I won't criticize because I don't have the liquidity to trade.

Is it possible to buy options for DWTI?

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>>1062288
إن شاء الله

I'm thinking about buying CSCO but I think it can go lower.

You're opinion حبيبي؟

>>1062294
*your. I'm dyslexic

>>1062290
Still believe oil can fall a decent amount. the supply and demand in that field is rekt, and no producer seems to want to take the first step of reducing production (to decrease the supply, which is currently a shitton bigger than demand), this despite opecs attempts. Also, its generally a good idea to simply follow the trend till it breaks (or you are in a profit). I think oil will fall about 4,5% tomorrow, because the upricing in price these current days just doesnt have the foundation to continue

I bought some equities in the oil sector - long, long term strategy though. I wanted to commit suicide long on FCX too but didnt pull the trigger.

I tried to catch a falling knife with $FIT. The knife is still falling.

>>1062275
Aren't your losses only going to compound daily? since you're on a leveraged ETF? Have you done the math one what actually needs to happen to ever make back your money?

>>1062253
Nah.

I sold out of the US market long position yesterday. Might have legs for another few days but fuck it. I'm moving short again soon.

>>1062297
Was at work anon, go for it, but make sure you have good diversification leaning towards a secure portfolio.

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>>1062253
bump

>>1062481
Kinda late but do you know of a good guide with strategies for diversification?

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>>1062316
>FCX

Ha and there it goes.

Another day I guess..

I bought some oil

>>1063713
Well done Anon
keep making bucks.

>>1062253
I bought BBEPP two days ago and I'm up thirty percent. Might have to dump some more cash in it. I did only really do it for that dividend.

the eur USD is going really crazy right now

>>1062253
>DUST : In at 14.00 can get lower right WRONG!
>DGAZ : In at 13.96 and praying I keeps me green

>>1062253
FCX is going down

Wait another day?