• Josh Morris : @KnowledgeIsPower do you still think I should sell off my uco and hold off on uso?

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• Trader-101 楼主 Josh Morris : you don't have to necessarily sell them what you can do instead is hold your position and just pick up an inverse like the ones I just posted and they will make up the prophet that you lose on your other one that way you can afford to hold it without losing money and then when the momentum changes you sell your inverse use the profits to buy down your price and you were able to hold it without missing the pop

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• OnlyLuck Trader-101 楼主 : This is a very sound strategy in my opinion.

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• Josh Morris : @KnowledgeIsPower That's clever, but definitely hold off on USO purchase until it dips?

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• Trader-101 楼主 LaGiGi : to be honest with you I'm not recommending for anyone that pick up individual companies right now and the reason for that is a lot of these companies are on the brink of bankruptcy and if something doesn't change that's exactly what's going to happen what I'm recommending is ETFs or futures on oil itself me personally I'm buying contracts on futures that way it's based off the index and not just the individual company you go with a single company and it goes out of Bates business you're taking a complete loss go to ETF or future contract you have a much better chance of balancing your risk vs reward

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