
Current trades:
Deposited £200 last night ready for today. For me, oil has been all about shorting the rallies for months, OPEC talk it up and the free market smash it back down. USD right now is a sell so that is what I've done.
As you can see, tight stops and big position sizes. I use guaranteed stops because they not only help with margin management (you free up more margin using guaranteed stops) plus you can't afford any slippage when you've got nothing in your account. Guaranteed stops are not worth it in the long run and are another expense that you've got to try to beat.
I'll be looking to add to both of these trades if they go in my favour more and moving my stop accordingly. |