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Hi all. Nice to see a good crowd of like minded speculators. Made it up to just over 17k today so decent enough. blackjack, with regards to stops it depends on the timescale for me. If im looking for a short scalp i will use a tight stop but if im looking at a longer swing trade then I will...

I gave some profit back but that's just the way it is. I'll post a screen when i go home.

in £ btw. I didnt say it was great but it gets me by, i think its about $70k/year ? take home is after tax/student loan repayment/pension in case there was some misunderstanding re that term

yes i do and its agonising. Right now is end of month day +2 so very busy but I've made nearly 2k trading today which is getting on for my take home per month. You can see why I prioritise trading... With regards to methods, I dont have hard and fast rules. Im very much discretionary with a...

wahey 3 posts in a row.. What's everyone's thoughts on the US election? Obama in, dollar up, oil down?

Another cracking day so far.. Balance up to £17,400 on a few long plays on crude. Managing to hold on to my winners and letting them run whilst not being afraid of giving back profits. Glad i focused on psychology recently.

ok back to trading... How did everyone do? +550 realised. Balance up to £16,187.50. Pleased with that.

I think that's a pretty shitty attitude. :confused:

spread betting.

Managed to give back a good chunk of my profits so I think i will call it a day at about +550.

hope you held out mate. I dropped a sell in to make £800 before I even got to work. Good start to the day..

http://www.bloomberg.com/tvradio/portfoliomatters.html some comments on crude. I dont really pay any attention to these so called experts but hey..

motherfucking abn stopped me out 20points above my stop loss... Not happened with them before. Looking like it could break down again so Im back in.

i have done previously - had some big losses and wiped out accounts. I'm 23 working as a finance analyst but this is what I want to do full time - I just need to keep practicing and prove I can do it long term so that if I quit my job I would have complete faith in my own ability.

If you saw how little theory and actual rules I had behind my trades you would piss yourself! We've all done pretty damn well this week, I'm sure the markets are getting ready to give me a beating soon. What's everybody's thoughts for next week? Personally I am undecided and I think...

I hope some of you guys caught that move. I caught on average about $3-4 dollars. Finished off a killer week in style with +2,993.87 I had to be patient but I was very confident it was going to go back up. Leaves my balance at £15,549.51. I think it was Marty Schwartz who advised...

taking some paaain but all within limits. I'll check out the levels when i get home.

My entries were so bad I'm not going to even say! Suffice to say I was fairly underwater at one point.

I've gone long, prob got in a bit earlier but im looking for a longer more sustained move.

No need getting pissed over missed profits. The aim is to catch some of the move :cool: