Re: Crude Oil (CLU15) .. next move?!

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In Response To: Re: Crude Oil (CLU15) .. next move?! ()

I am, or should be, to old to be caught on the wrong side of the market. However as mentioned last night I had to many CALLs.

Action? Offset 50% and get into my comfort zone. To offer, from years of experience, when wrong "get out" immediately and don't try
to make a bad position good by hanging on... Sometimes hanging on, freezing at the stick, works but more often it leads to a big loss.

Why did I say this? I don't know but it does make me feel better.

Comfort Zone = Better Trading - Old or Young