All these analysts were saying oil was going to go to $80.00; Saudi's were projecting 6 months of reduced output -- then suddenly it's just back to normal a few days later. Unreal!
Would surprise me if that was a f*** flag gone wrong.
Biggest spike in world history, now oil is lower than it was before. SCAM!!!
Close one. Changed the stop from 20% to 10% due to the heavy selling. The reason for the initial 20% stop was because oil had just experienced its largest intraday price increase in history. This loss could have been a lot worse
UWT hit that stop today, but it was an intraday price, and if you have strong conviction you should wait for the close, especially if it looking rather oversold because it could pick up -- and that is exactly what happened today!
I've made this mistake many a time. I either sold for a loss, or sold for gain only to see the price go higher a few hours later. ...