I trade crude oil full time on the NYMEX session. If any one is in the same channel I'll be glad to have company. By the way, I'm up 20% for the year. Only trade 1 lot. Daytrade. Hope I can find company on wild ride days.
Hi, I am sorry I am not going to be much of a company, because I am just starting. I started trade live two month ago, daytrade crude oil. I trade only one contract, my acc is only 12k. I made little bit, but i feel like my system need improvment. I was wondering if you could help me little. I was wondering if you could tell me about your way of daytrading crude oil.Thank's Robert
IG index change on day is +0.87% vs 0.88%. Still quite correlated, regardless the vol.
The reason behind me changing is partly habitual: the prop firm i used to trade oil at didn't want 1,000 barrels turning up on delivery cos of posNs being left open to expiry - so you had to change the week before; also technical - as they start to diverge in the final week to expiry (not normally til last 2 days though). Its pretty irrelevant to me now as i am trading through an SB.