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Mike Rowave

Joined: 14/01/18


Comments by Mike Rowave
Crude Oil WTI Nov 29, 2021 10:55AM ET
Bill is not even the forum...let alone posting trades.  You are the one calling him out for his basic FIFO statement and how things work versus how they were posted.
Crude Oil WTI Nov 29, 2021 10:50AM ET
its a political hocky puck...as all dieases become. There is money to be made. The focus is not to cure it..except for the private sector...Farm Aid..Elton John Foundation for kids with AIDs, etc. They raise more money and the ratios are much better for an effective use of the dollar.
Crude Oil WTI Nov 29, 2021 10:47AM ET
I am pretty sure the forum does not care either.  The post that Billr asked about this and then comments about magical trades due to very basi FIFO rules was why this became a topic.  GL trading.
Crude Oil WTI Nov 29, 2021 10:42AM ET
 yep...that is how averaging works..you need more position that the original to see nice move in your average position price level. yep...that is how averaging works..you need more position that the original to see nice move in your average position price level.
Crude Oil WTI Nov 29, 2021 10:35AM ET
NY Time Square...New Years Eve...yeah that will be enforced...sure.
Crude Oil WTI Nov 29, 2021 10:33AM ET
 under FIFO...he does not choose.... under FIFO...he does not choose....
Crude Oil WTI Nov 29, 2021 10:29AM ET
 last I read it was reduced to 15 Million from the 920 Million.  Kinda an inspiration for others to do it...maybe worth the risk...I am sure they made a nice lump of money ...more then 15 million...but could be wrong. last I read it was reduced to 15 Million from the 920 Million.  Kinda an inspiration for others to do it...maybe worth the risk...I am sure they made a nice lump of money ...more then 15 million...but could be wrong.
Crude Oil WTI Nov 29, 2021 10:25AM ET
 must have missed the post about the closing of .60 short for a loss that was taken at 9:35....again...GL must have missed the post about the closing of .60 short for a loss that was taken at 9:35....again...GL
Crude Oil WTI Nov 29, 2021 10:23AM ET
 been a nice repeat of Friday price levels so far at the NY Open... been a nice repeat of Friday price levels so far at the NY Open...
Crude Oil WTI Nov 29, 2021 10:22AM ET
A lawsuit will do that to you....JPMorgan Chase & Co. Agrees To Pay $920 Million....Was it them or someone else that just got hit with a 60 million one?
Crude Oil WTI Nov 29, 2021 10:18AM ET
 but the fact is the fact...that long would have been a loss.  You can still be in profit at the close of the day...but that was a losing trade.  Not my rules...they are standard accounting rules called FIFO.  GL but the fact is the fact...that long would have been a loss.  You can still be in profit at the close of the day...but that was a losing trade.  Not my rules...they are standard accounting rules called FIFO.  GL
Crude Oil WTI Nov 29, 2021 10:15AM ET
I don't care...that is rules.  At least we know there should be no post on a short that you were holding since 72.60 is still in play...now that you went long..all short had to be close...again...that is the rules...
Crude Oil WTI Nov 29, 2021 10:03AM ET
that was quick
Crude Oil WTI Nov 29, 2021 10:00AM ET
can't have 12% days everyday...but 6% is a nice move in CL for a day...
Crude Oil WTI Nov 29, 2021 9:58AM ET
Alot of trading left today...but nice to see an old friend at the same time and price...tell ya alot.
Crude Oil WTI Nov 29, 2021 9:51AM ET
then post the trades correctly.  If you took a long @ 72.00 and then added more positions and sold a long @ 71.90...that 72.00 was a loss.  The additional ones maybe profitable but that First Position was a loss....
Crude Oil WTI Nov 29, 2021 9:48AM ET
yeah..they are whippering back in the cave on the way it crushed that Friday Red Candle today....
Crude Oil WTI Nov 29, 2021 9:46AM ET
nice test of a key area...two trading days in a row...
Crude Oil WTI Nov 29, 2021 9:41AM ET
What is interesting...it is the same price and time as Friday...
Crude Oil WTI Nov 29, 2021 9:32AM ET
it thought you used number instead of charts...the selling before that...
163819557665472.jpg Crude Oil WTI Nov 29, 2021 9:19AM ET
163819557665472.jpg
NY session....
Crude Oil WTI Nov 29, 2021 8:55AM ET
CL found the cure and NG now has it....Friday was the opposite...
Crude Oil WTI Nov 29, 2021 8:51AM ET
most likely still holding his 79 short...
Crude Oil WTI Nov 29, 2021 8:49AM ET
nice
Crude Oil WTI Nov 29, 2021 8:18AM ET
 fundy's do not really look at charts...they rely on business models.  I consider them but emotions are a factor in trading so I add that to the mix...like planned news may affect a stock or future for a pulse move but does not change direction.  So the pan tie raiders ran up GME to that price level and beyond...I was focused on it @ 9...14 break out to about 45 on a nice push.  It is not a 250 stock...in time net sales and revenue will prove that...no matter what games are being played. fundy's do not really look at charts...they rely on business models.  I consider them but emotions are a factor in trading so I add that to the mix...like planned news may affect a stock or future for a pulse move but does not change direction.  So the pan tie raiders ran up GME to that price level and beyond...I was focused on it @ 9...14 break out to about 45 on a nice push.  It is not a 250 stock...in time net sales and revenue will prove that...no matter what games are being played.