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+1. You need to take a step away.

you can't trade solely from news. what happened to your stop losses?

I got into shorting it from 102.43 to 99.6 which was quite pleasing. I hope we start to see more of this fall at the petrol pump.

not bad. I've not really 'traded' as such a lot in the last few months. I've been in a new job since the start of July and I have more exams and qualifications to start from next week. By the time I finish I'll have been doing exams for over 16 years :eek: I've been buying up a lot of shares for...

hi spanish, have you had a look for somewhere you can get a better spread on oil? If you could halve it then you could have made another £28/33%

i didnt look but is it with abn amro? I use them and they are great. Excellent interface and you can scale your positions in commodities fantastically (I can go all the way down to about 0.5p per tick....!)

sounds like you've been on full tilt last few weeks. This is why several people have suggested you have another source of income. I can't imagine how much pressure I would be under having to trade for every penny when I had about 6-12months experience. :(

Not if one has the correct risk management in place. I would imagine with your style of 'stop losses' (i use the term reluctantly) then it would get very stressful.. As your balance grows you have to adapt your style and controls to match.

are you still using tradindex? I thought that was a horrible platform. The charts are dogsh!t.

I thought it was 'bribe' ?

I think you must have skipped a few posts..

Oil. I offered to buy his porsche for £20,000 cash, sadly he didnt lose enough money for that to come off.. :D

guy sat next to me today lost a lot of money. You have to laugh..

lol. :D I think I make enough from the day job not to have too many sleepless nights ;)

I have seen in excess of 1500% returns over a year (not my account but a colleague). You seem to have a real problem with understanding the English language which is fair enough if you are German..

Again you seem to just read what you want to read. Where did I say I didn't understand anything? Prick.

Completely pointless sentence...

I was fully aware of that. My point being that the guy is still well up (200%).

He didnt exactly 'blow up'. Yeh he has had a bad drawdown but he is still well up in terms of PnL. I hope you are more thorough in your trading than when reading threads ;)

If i were you i would get any job (supermarket, data entry, whatever) that would pay your bills plus most of your rent. That way you dont have to keep taking out your capital. If you have 5k in your account when your lost over a grand then im sure you wouldnt be so rattled. I dunno how you can...