Oil Prices

[yewkim]

In all true honesty, don't trade, do value investing and teach them to your kids.

In order to win big in trade, you got to bet big. And if one bet big, most likely his emotion come to play and that will distract them and cause them to lose eventually.

Then, why you trade, u said. Well, it is human part of us to bet. U see those TOTO, no doubt we all know too well it is against us , but we still bet anyway on the hongbao draw. The word is GREED. So bet small, you lose small, no worry, this i hear from one uncle who buy toto. The same thing with football too. He is right.

Bet small does not means a few bucks, but the amount you can lose without you losing your sleep. So to me , for example, i can afford to lose 10K, but to you maybe you can lose 5K comfortably so as to say.

The best is still buy solid OnG to ride the oil back up to 65$/70$. I believe Ezion will be close to 2$ if oil is close to 70$. Wish you all the best.

Tonight , i think oil will go above 50$ . I think i will be right again hopefully, at time of this post, it is trading at 49.40.