Recent content by mEmmerrr

  1. M

    5% - 10% profit per day trading

    Been reading this for a while and could of told you that you would start to blow up very soon. You need to read "Trading in the zone" by Douglas, preferably before you place even one more trade. Everytime I read about how your hopes and needs all hang on one trade, starting a day expecting...
  2. M

    FTSE outlook

    Not sure how many FTSE traders are on here, but any views on how low this retracement has got the legs for? Attached chart, its interesting how it got held up at support 1 at around 4430, today opened below but got bounced by support 2 at 4320 and not is loitering below support line 1, on...
  3. M

    Entry issues, please read!

    Alright, I have 2 issues with entry, and I feel it is consistently losing me money and wondered what your opinions on how to play this are; BTW to clarify, this is using spread betting. So, hypothetically, through my charting software I see a trade on stock X that I want to take at...
  4. M

    5% - 10% profit per day trading

    Question spanish: You are spread betting on Nymex futures yes? SO; are your only resources the pretty lame charting software that spread betting sites give? (I use capital spreads, and im not exactly blown away by the wide range of tools in their software) Unless IG is different...
  5. M

    Opinions wanted please

    Attempt 2 at posting picture; im sure this is what i did last time, just uploaded it onto imageshack so there shouldnt be spyware???: The time frame I would like to think I trade in would be 1-3 days, so short term without being intra day. And I very much agree with the point about...
  6. M

    Opinions wanted please

    I am trying to trade much more selectivley and to me, this looked like a perfect opportunity and its really tilted me to lose almost 4% of my roll on it! The graph has 1 more days info than I had as I went in yesterday morning, so for the purposes of this post ignore the last candle...
  7. M

    Journey into the systematic and controlled...

    Had some fairly fundamental changes in mindset today, as I was sitting here searching for a trade, and getting short on some random FTSE250 stock and losing a fiver when really I had no reasoning. My expectations are way out of proportion. I think its hard when reading about everyone else...
  8. M

    Journey into the systematic and controlled...

    AFAIK no firm allows £0.5 / pip. But I may be wrong, and if so I would like to open an account there! I am severly underrolled to trade some of the most lively stocks, anything over 1000 means I get stopped out really easily.
  9. M

    Journey into the systematic and controlled...

    So frustrating, BHP billiton dropped by the best part of 50 points this morning which is the trade I knew it was going to do, but priced in straight away by opening lower and then I have no clue what it is going to do through the rest of the day / week. Staying out and waiting to see the...
  10. M

    Journey into the systematic and controlled...

    Quite a gash day really :mad: Thought I had this one dialled but the miners climbed. This a problem I seem to come across, I decide which way I think it will go and I dont really know how to use the pricing to conform that before getting my money in. To get the best price and be able to deal...
  11. M

    Journey into the systematic and controlled...

    Sold kingfisher @ 134.6 with stop at 140 for 2 / pip. Really annoyed about BHP Billiton trade, missed, had the point where I wanted to sell from pretty sorted but thought I would wait and see as it wasnt quite at previous highs, came back from breakfast to discover it had fallen 40 points...
  12. M

    Journey into the systematic and controlled...

    Right, here goes. Aims: Turn over £75 per week consistently. This represents 10% of my original buy in and should be a very achievable target. However in the past I have tended to sit out once my target has been reached which is not the best strategy, maybe just tighten up my trading...
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