September 19th, 2012: Crude Oil Trading

Hello Traders,

“I showed you in all things that you should work as I did and help the weak, I taught you to remember the words Jesus said: ‘It is more blessed to give than to receive.'” – Acts 20:35, NCV

Definite Goals Attract Success
by Napoleon Hill

The mind that has been conditioned to receive attracts that which it needs, just as a magnet attracts steel filings. The most difficult part of any task is getting started. Once a start has been made, however, the ways to complete the job become evident.

The truth of this fact has been proved; people with definite goals achieve far greater success than those who have no goals. And I have yet to find a single successful person who did not readily admit that the major turning point in his life came when he adopted a definite major purpose.

No person can tell another what his or her purpose should be, but once you have adopted your own, you will see how the other principles will come into play and inspire you to action.

Your imagination will become more alert and it will reveal to you many opportunities related to your purpose. Opposition will disappear, and others will give you their friendly cooperation.

Fear and doubt will also disappear, and somewhere along the way you will meet your “other self” face to face – that self which can, and will, carry you to success.

Source: PMA Adviser. December, 1985. Volume 4, Number 12, Pg. 6.

Napoleon Hill Signature





During trading today, the market was down during the early trading session, then later as I am typing this out the market seems to have found a bottom on the trading day.  There seems to be a lot of buy stop covering taking place and finally the market has readjusted and trying to find a bottom on the trading day.

I found today to be rather challenging, but it did give some nice signals, but no real follow-through when I was trading after the CL Inventory Report release today.

 YouTube Trading Video for Wednesday:  September 19th, 2012


Good Continued Trading,

David ‘Tiger’ Knight


About The Author

David M. Knight

I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.