off we go, page-26

Cheers slick and I fully agree CEOChair. I'm CFD trading over my main long holding (to preserve capital gains tax reduction on main holding and use leverage on trading). I learnt the hard way with CFDs in the GFC that it's just better for your sanity to wait for uptrends or trade the news which is why I missed $1.30 for my last CFD entries. (Also I was banking on being able to enter during any xmas weakness in preparation for greater new years news flow but they released that ann right before the holidays, a few weeks earlier than I had expected.. Close but no cigar).

So I'm not besmirching all T/A in all scenarios like some people take it, I'm only following the literal rules of T/A itself (Re: price action) that some T/A proponents are blindly ignoring.

The only thing I'd add is trend or no trend I'm a fan of intra-drill trading where applicable. Investing in oil drills is largely about risk mitigation (sure this applies to any investment but given how high the risks are in O&G it's particularly true here) so derisking on any excitement about secondary target hydrocarbon shows is sensible. Also closing out a leveraged position allows you to "double down" on a new leveraged position with the profits.