The Easiest Way for Traders to Give Themselves an Advantage in the Marketplace

Does This Quality Resonates With You? Dear Trader, Welcome back to another issue of Big Energy Profits! This is just a friendly reminder that your path to success as a trader is your path alone. Nobody else can walk it for you. So let your dreams be bigger than your fears and your actions louder than your words. Live your life by choice and not by chance, and always strive to do what’s best for you! In this issue of the Big Energy Profits newsletter we’ll dive into:  - The Lazy Trader’s Guide to Having an “Unfair Advantage” in the Marketplace - The Election’s Unexpected Impact on the Oil Industry - The #1 Decision Keeping You From Success as a Trader Please enjoy, and have a blessed week! --------------------------------------------------------------- 9 Qualities of a Good Day Trader Quality #7: Technological Awareness Modern-day trading is all done digitally - which gives traders with better technology a distinct advantage over traders with less powerful tools. If you want to win in the marketplace, you need to be aware of all the best tools and services that can help you trade more efficiently. On top of that, you’ll need to make sure that you have access to the best tools and services and be sure that they operate at their best. That means you’ll want the best quality tools that you can afford and properly maintain. Don’t get the cheapest equipment or service because you want to save money. Operating on the basis of price alone is a recipe for disaster for any business. That doesn’t mean you shouldn’t try to get the best bang for your buck… but get the best bang for your buck that will solve your problems and get the job done well. [Click here to discover why technological awareness is one of the most important traits of any successful day trader… as well as some tips for getting access to the best modern-day trading technology available]( --------------------------------------------------------------- Crude News Oil prices have started the week off very volatile on the worsening pandemic outbreaks in Europe and the United States. Meanwhile, fading hopes of a stimulus deal in the United States leading into the presidential election and the restart of Libyan oil production is also weighing in on the market. On Monday, OPEC’s Secretary-General stated that the recovery in demand is delayed due to the pandemic. The outlook may lead to an unplanned extension of the current arrangement, rather than easing off the cuts as scheduled beginning in January 2021. Aside from the race for president and control of Congress, some less directly related to the oil and gas industry are at stake in next week’s election as well. Democrats have a shot at taking at least partial control of the Texas and Pennsylvania state legislatures, which could have implications for taxation and regulation of the industry in those states. The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high.  Although the combined count of Chapter 11 filings from exploration and production firms (E&Ps) and oilfield service (OFS) companies this year in North America has so far reached 84, which is still lower than the historical high of 142 in 2016, the associated debt these companies are carrying is much higher, at $89 billion so far, some $19 billion more than in 2016. [Want to learn how you can get access to my members-only daily, weekly and monthly energy sector analyses, trade ideas and managed trade alerts? Click right here to view a free training video]( --------------------------------------------------------------- You're One Decision Away From a Different Life One choice can make all the difference...  Just one.  You can choose to make moves, or make excuses.  You can choose to binge-watch a TV series or learn something new.  And you can choose to make the most out of your life… or waste it.  Because right now?  You're one decision away from a totally different life…  Just one.  Because Hawkeye makes it easy to get on the right path.  It’s a simple methodology showing you how to trade and profit from any financial market in the world.  Want to change your situation?  Don’t wait until you “feel like it” (because you never will).  [To get started as a trader - click here.](  Again... you’re one decision away --------------------------------------------------------------- Daily Analysis WTI Light Sweet Crude Oil Futures Analysis …  CLZ20 Near-Term Bullish Scenario: Closing today above the mid $39.00 price area  indicates a good weekly low, the mid $41.00 price area is  then expected within several days, where the market can top out for November. Near-Term Bearish Scenario: Closing below the mid $36.00 price area remains a several day objective and essentially the start of a narrowing range of longer-term support down to the mid $34.00 price area. Anthony Speciale Jr. Hawkeye Traders Team1@hawkeyetraders.com hawkeyetraders.com Call us: (888) 233-8598 --------------------------------------------------------------- If you do not wish to receive any further emails from Hawkeye Traders please click the Unsubscribe link at the bottom of this email. DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results. CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that 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 these being shown. 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