Disclaimer For Anyone Considering Trading Of Speculative Instruments
The hypothetical trading situations provided herein are believed to be accurately presented. However, it is not guaranteed as to accuracy or completeness and is subject to change without any notice. No representation is being made that any account will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.
All of the trading suggestions are made for my own person benefit as a way for me to document my trading ideas and to keep me disciplined in my trading adventures. This discipline has been greatly beneficial in reducing the emotion that tends to creep into the trading style of many traders, including myself -- and quite frequently interferes with otherwise sound trading practices. Please research and understand all risks associated with the various trading strategies discussed herein.
For 40 years I have been trading for my own account, or have been exposed to professional trading, across a very wide spectrum of securities: stocks, futures, commodities, options, derivatives, and almost everything in between. This does not make me an expert or know-it-all, it just means that if a mistake can be made, chances are I probably did it, or I witnessed it by a professional trader. While losses really suck, these are experiences that have increased my knowledge, and respect, for all of the various markets.
Only risk capital should be used to trade futures, stocks, or options on futures or stocks, or mutual funds, or any other financial instruments, whether in conjunction with CyclePro comments. Any trade described herein is purely hypothetical -- if you are interested is executing a similar trade strategy you must perform your own due diligence so you understand all risks that you, and you alone, are taking. All investment and trading activity carry risks, and all trading decisions are ultimately made by you, and you are solely and individually responsible for the decisions and the results of those decisions.
Free Trading Advice:
When it comes to any market that is clearly in the late stages of a bubble: getting out it is better to be a month too early than a day too late!
"Hope" is a very poor trading strategy!