May 05 | Light crude oil is back in the mix

Daily Trader Talk Newsletter

Hey Trader,

We haven't heard much about crude oil over the last few months, and that's mostly thanks to the impact of the pandemic on the energy sector. But Josh has his eye on light crude oil futures (CL), and he sees some interesting movement. CL is currently hitting resistance. That means the price could either break bullish or bearish very soon. If we see a solid U-turn towards a bullish run, it could open up an opportunity to enter a position for profit. But if the price bounces back down from resistance, there could be a solid sell-off and a bearish run. So stay with Josh as he watches the crude oil futures market. We might just have a winning trade developing!

THE NEWS DESK

This joke currency is starting to make some serious waves A meme-based digital currency is surprising even the most serious investors Analysts admit that these Reddit stock picks have a short-term upside Are we about to witness another epic short squeeze? Peloton shares are crashing. Here's what's going on The wildly popular fitness equipment maker is facing serious problems thanks to a treadmill

Once you get started, I almost guarantee you'll be hooked! That's because Gold Futures is like a shortcut to massive profits. Hey, last time I spotted an opportunity like this one… I was able to turn an initial deposit investment of $500 into $39,282! And my indicators are going haywire once again. This time with GOLD. Take a look at this chart. It will blow your mind.

WORDS TO TRADE BY

"Outperforming the market is a difficult task." -John Templeton While outperforming the average returns of the market isn't impossible, it is tough. Only a few very serious traders have ever pulled it off on a consistent basis. That's why it's important to focus your efforts on matching the average return of whatever market you are trading in. The market has a mind of its own and can be unpredictable. So if you can reach its average return, you're doing fine. Don't get greedy. Use your trading strategy to minimize your risk and maximize your returns on a regular basis. Remember, consistent profit is better than sporadic profit if you're thinking long term! Keep Trading,

Hypothetical or Simulated Results Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

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