Hey slider, if you can't beat-em, join-em! The "fit" was more about your attitude than the name. But, hey, we all love Kramer's approach so, and with a few Seinfeld fans thrown in, along so many having problems spelling out my moniker "CPSOMIS"... Cosmo it is!
We all have trading styles, slider. I have long term low risk, high risk, position trades and "Play money".
I'm not trying to make a living at this game, just manage my 401K and personal assets. So I pay attention once in a while, and when I see a decent trade, I take it. Haven't done much trading since last august (except for end of year tax stuff), but started "playing" again last month ...5 play money trades have made me about $1300 in the last month with a basis starting with $3500 in spare "change":
22.5 roil
163.06 APA
766.14 XTO
126.19 SESI
147.5 MEXP
147.5 RRC
Plus, up about 15% in a 20K position taken last month in PXD,BR,MDR,EOG,NBL.
March does seem to be boom time in the patch eh? Is this a historical anomoly or just due to the OPEC meetings the last few years?
Bottom line, is you can laugh at the small amount of these trades, but, for no more than $3500 or so at risk, I'd say I've done ok? MEXP/SESI/ROIL were day trades, APA and RRC held for a week, XTO for a bit longer....
Not knocking you for doing it for a living....(or are you really a bunch of people posting tag team as part of an internet boiler room operation as Sarge thinks...VBG)
Regards,
Cosmo |
