NEW & UPDATED CRUDE OIL ALGORITHM

“Trying real hard NOT to do this when trading crude oil!”

Over in the right hand column today, is the section “Download Links”, and

there you will find our new & updated crude oil algorithm in PDF [10 pages].

Read it online or download it, whatever you choose … it’s FREE to

everybody natch, but as I point out in the manual, if you like it and make

money trading it, consider donating via crypto in the days and weeks ahead

for what it’s worth to you. I’ll have our public key blockchain up, along with

crypto pairs we support, in the very near future.

The algo is flexible enough to handle a whole host of different types of traders,

from very aggressive to conservative, and you can bend and shape it to fit any

type of trading in the short term [meaning day] … although crude oil [Brent

and/or WTI] is not an “80/10/10” market, the algo can easily adapt to

“buy only” or “sell only” strategies, if you’re so inclined to trade it that way.

From our extensive research on offshore brokerage houses that accept U.S.

clients, I couldn’t find any that match Coinexx in 1) lowest usual bid/offer

spread at 3 cents, and 2) lowest round turn [RT] commissions at $1 per 1 lot.

When you consider a 1 lot in either crude oil CFD’s is 1,000 barrels [$10 per

penny move], no matter the size of you trade [lowest is 0.01 lots = 10 barrels],

the RT commission is ⅕ of a cent, which means it’s meaningless in the scheme

of things.

Even if the entire world of offshore brokerage accepted U.S. clients, there

isn’t anybody I’ve seen, and we’ve looked at hundreds if not thousands of

brokerage houses, that has a lower “net cost” to trade than Coinexx. And

unlike some other houses that have piss poor latency issues with speed of

execution [cough, Turnkey, cough] on market orders, Coinexx has been fast

on the turnaround … meaning of course, the order isn’t getting “bagged” by

the LP to screw us on the fill for their benefit.

Look at it this way … if you’re a small trader and have approximately $500 in

your account, and you trade 0.10 lots of WTI [100 barrels], on average two [2]

times a day, over the course of the year that would = approximately 500 trades.

If you suffer 1 cent slippage or a higher bid/offer spread to trade, you’re

handing the LP & brokerage house $500 of FREE MONEY per year on your

$500 account … who wants to do this? … I sure as hell don’t, so yes, spreads

MATTER, and your “net cost” to trade MATTERS!

Algorithm rules are straightforward & simple, and there is some flexibility on

liquidations, where your holding profits from positions, so it’s NOT a 100% in

the market at all times mechanical algorithm. And while simple via the visuals

given the MT5 platform, the math behind it is complex … but no worries,

even for complete Newbies, cuz once you demo it and see how easy it is to

follow, you won’t care about the math one bit.

I would advise you, though, to use lower leverage with crude oil … this can

be a wicked market, and the power of the algo isn’t via “home runs”, but

consistent profitable trades with some low losses factored in … get to

leveraged, and anything can happen with one trade to hurt you.

Finally, once you’re satisfied with a day’s profits [more than 30 cents per

barrel in my book, but if you want a little higher that’s up to you], stop

trading for the day and leave it alone into the close. I’m not suggesting

cutting profits short in positions, I’m saying to stop trading after your final

trade, via the signals, has netted you your goal.

Onto the week, let’s see what happens … until tomorrow mi amigos

… Onward & Upward!!

Have a great rest of your Holiday weekend everybody!

-vegas