This is a revised version of an article that originally appeared in FutureSource’s Fast Break Newsletter on April 08, 2005. The futures markets are exciting and attractive to many individuals. However, potential traders are faced with the daunting task of determining how they should make their trading decisions. Potential traders need to develop a trading… Read more.
Crude Oil
The Number One Rule of Trading
If there is one thing I’ve learned in all my years in the financial markets, it is never add to a losing position. That means never “average down” a losing long position or “average up” a losing short position.
Crude oil rebounds from four-week low
After a strongly positive day of trading in global equity markets, crude oil broke a seven-day losing streak as some signals pointed towards recovery in the U.S. economy. Retail sales were one of the primary drivers of positive sentiment on Wednesday, as the International Council of Shopping Centers said that sales hit their best rates… Read more.
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