Correct This Bad Habit to Maximize Your Trading Profits

If You Are Doing This Stop Rignt Now! Dear Trader, Happy Thursday and welcome back to another issue of Big Energy Profits. This election season has created an incredibly volatile market. Hopefully, you’ve been able to capitalize on some of the bigger moves these past few weeks. And now, finally, the ballots are in and being counted as we speak. The whole world is waiting with bated breath to see the results of this election because the outcome will potentially influence markets all over the world. But Big Energy Profits readers are poised to profit regardless of who actually wins the election… Are you prepared to profit? In this issue of the Big Energy Profits newsletter we’ll dive into: - The #1 Reason Most Traders Fail - Most Traders Have It All Wrong (Correct This ASAP for More Profits) - Are We Already Recovering From Last Week’s Slump in the Markets? Please enjoy, and have a blessed week! --------------------------------------------------------------- The #1 Reason Why Most Traders Fail What would you do in this situation? Imagine you've just committed to a $20,000 trade. No doubt that's a pretty significant investment for most people, but you're not worried. You've checked, double-checked, and triple-checked all the data. You're confident that if you see this thing through, you can 5x your initial investment. This one trade could turn your $20,000 investment into a $100,000 windfall. All your sources check out, so you invest your $20k and wait… [Click here to discover the #1 mistake traders make that keeps them from maximizing their profits… as well as some tips for how you can avoid this mistake and enjoy bigger wins]( --------------------------------------------------------------- Crude News Oil prices extended their rally on Tuesday, the U.S. Election Day amid a recovery in financial markets, but concerns over surging coronavirus cases around the world capped further gains. The jump has borne all the hallmarks of a massive, logical, and even inevitable short-covering prior to the U.S. presidential elections. It would be tempting to conclude that the recovery from last week's slump is now under way, but it is simply not a plausible scenario. Italy is the latest country in Europe to tighten COVID-19 restrictions, including limiting travel between the worst-hit regions and imposing a nightly curfew, which will limit fuel demand. Benchmark prices, down sharply over the past week, had a brief reprieve on Monday after Russia's oil minister held talks with domestic oil companies on a possible extension of oil output restrictions into the first quarter of 2021. The Organization of the Petroleum Exporting Countries and allies including Russia, a group called OPEC+, slashed oil output from May to support prices and tapered the cut to 7.7 million barrels per day in August. They are due to taper the cuts off by 2 million barrels per day in January. The hope is now that a continued cut at current levels will be the necessary bridge over the second COVID-19 wave until vaccines are rolled out during the first half of 2021. Rising production from Libya which is on course to hit 1 million barrels per day in the coming weeks, from just 100,000 barrels per day in early September, will also be a concern for OPEC+. OPEC+ holds its next full meetings on Nov. 30 and Dec. 1. [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]( --------------------------------------------------------------- Most Traders Have It All Wrong... Most people think that trading stocks is all about picking winners. But they’re wrong...  Becoming a self-sufficient trader has less to do with the stocks you trade and more to do with how you trade them.  Don’t get me wrong. Trading the right stocks is important. But picking the right stocks is just one piece of the puzzle.  The real secret to trading stocks and consistently earning a profit is to set a trading plan and then stick to that plan.  If you have the right trading plan, you can predictably profit from the market every single month.  For example, the Rule of 72 can work as a powerful trading strategy that can double your trading profits every 36 trading days.  The process may seem slow at first, but the profits can be huge if you just stick to the plan.  [Click Here to Uncover the Secrets Behind the Rule of 72 and Doubling Your Trading Profits This Month]( --------------------------------------------------------------- Daily Analysis WTI Light Sweet Crude Oil Futures Analysis …  CLZ20 Near-Term Bullish Scenario:  A settlement today above the $39.00 price area would likely indicate the $41.00 price area by Friday’s close, able to contain buying into December activity, and a significant upside continuation point over that time horizon. Near-Term Bearish Scenario:  A settlement below the $37.00 price area would likely indicate a retest of $35.00 longer-term support price area, where the market can bottom out through the balance of the trading year. 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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