5% - 10% profit per day trading

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GRRRRRRRR im getting fucked off again now cos i just got the final text alert that oil fell to 66.97, where i had put my cash in order!!!

So i would have doubled up on this trade if i had just left it, AGAIN!!
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Spanish:

Settle,. Don't beat yourself up.
From a distance you are doing GREAT!
You are applying your risk management strategy and it is working.

Nothing wrong with keeping your discipline and keeping profitable.

I have read dozens of threads over the years where some soul does pretty well for a while and then goes cowboy because they were bored and then get emotional and wind up loosing a lot more money if not blowing up cause they got greedy and making a few $$ at a time was toooooo o o o boring.
 
Quote from porph:

No need getting pissed over missed profits. The aim is to catch some of the move :cool:
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I know, and i try to not get angry...

But its not that just randomly or accidentally miss profits, i actually plan the whole trade including teh exit when i make the trade, and put in the target order..,
but then always cash in too soon to be safe and lock in the money.. :/


If i had just left my trades with their cash in orders i would have made just over £5,000 so far this week!! :(


Im now scaling in longs on oil though, £1 at a time and have 2 in so far with an average price of 66.06, gna drop next 1 if we can get oil down to 64.26.

And target for this is 67.86.


Im buying oil now cos dow is still up, oil fell down cos the sock of being so high so fast, but dow is still up, dollar weaking gradually, gdp better than exepcted, and everyone knows that oil gets to the low 60s and opec gna cut again.



You long yet jakker??
 
K oil just broke back through my 66.06 level.. :)

As it had sent nearly 1hour in a 30ticks range trying to break lower, around the 65.75 area, but so its now bouncing back up, especially follwoing the dow.

And this is even when nat gas has broen through all session los hard, and dollar got stronger against the majours, oil still held strong at my level.


Was gna added a 3rd long, but decded not to as theres no point using all my bullets now.

Itl be a 180ticks if it gets to my target, so £360more for today is more than enough for me.

:)
 
Ooh and im still hokding that £6 per tick on hbos..

(Just noticed that they have risen nearly 40%+ in the last 3days alone!!) :p


Im still looking to start buying up so corn for the winter... ;)
 
K i just bought corn at £1 per unit, from 416.75, target set at 509, stoploss 368.75... :)

This is based on the reasoning of the worst being over for the dow crashing donw now, and now ist gna be mixed sideways sings with buyers hopping in and out, but grudaually getting in and picking up cheap stocks and starting to hold them...

Winter coming, so now harvestnis over, people gna need to start bying their corn.

And even if we go into an economic disater, (i perosnally havent noticed any difference whatsoever in the economy in my life at aLL! :) ),
but even if other people do, they may cut donw on luxury hokidays and clotes and stuff, but they still gna have to eat and so arent na allstart going on diets just yet! lol
 
Quote from porph:

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

come on mate just say.. :)

I got in averaged at 66.06, im down over $1 now cos dow slipping more.. :(

And this is when i would have been over £900+ up if id just left my sells on instead, so i cant relaly judge others. :/


You still holding though??
 
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