Oil Spikes on pipeline attack

We are up about $5 from the lows yesterday.

There were reports of attacks on a Nigerian oil pipeline.

I'm so glad I got out of that short position. I guess I should have reversed and gone long, but I shouldn't be trading Crude Oil in the first place because I dont have any edge trading it and it is one of the most volatile futures contracts to trade. With swings of 3-6 dollars intraday ($3-6,000 on 1 contract), you better know what your doing when trading crude oil.

No trading from me today. I'm ridding my bike to work and working on my trading plan.

Have a good day.