Brian Pez

Agreed. We need to get through some of this overall market weakness and volatility. Hopefully we get a big one day market flush which might signal a tradable bottom. Market seems to want to go lower now.

I like the way CL is trading on a down market day. Something is going on here. I have bought some Dec options and took a small share position through 63. Stop below 62.5 and looking for 65 to start scaling out.

Yes I do trade ETF's. If you get in early on a trend with a commodity for example, you can really ride that trend. Take a look at UNG or UGAZ which are nat gas etfs. They have been rocketing higher. On the bear side, oil has really been breaking down through October and gave a nice trade on DWT which is an inverse etf for crude oil price. Nat gas is too late for a trade, but I think oil has more to drop - especially if $60 on crude fails to hold support.

Hi everyone and welcome to our new forum on swing trading. As you likely know, swing trading involves taking positions in a stock or other security and holding that position for as short as overnight to days or weeks or even longer. If you are new to swing trading and want to learn more, reading Brian Pezim's book "How to Swing Trade" would be a good starting point. It is available on Amazon. We expect this forum will be used by our members to present and openly discuss swing trading opportunities. The one advantage of swing trading is that the trader has the opportunity to slow the decision process and plan their trades without having to make a quick decision on whether to enter a trade. Thanks in advance for being part of this forum and we hope this forum can offer up some profitable opportunities for our members.