5% - 10% profit per day trading

[00009]

Quote from porph:

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....!)

Yes they are, I'm trading with Oanda and would open account with abn amro also for CFDs but they take only people from UK and Germany.

 

[spanish89]

Aloha everyone, you all been cashing in on the oil run overnight??


I wasn't planning on trading today, as i wanted to wait till after the opec results, since i day trade but using a medium term view.

But when i saw the oil chart after the morning's dip, and wit the over selling all last week i traded for just under 1hour and made 83 ticks.. (£83)

I was using the daily contract not monthly though, since the daily is only an 8tick spread, and even just those 4ticks really do make a difference..

+I did it all with just a 30tick stoploss (min allowed), because of the short/mid term uncertainty.


Part of me is thinking to go short from 108, with a very wide stoploss at like 117, so i can then cash in on the pullback from this hurricane.., but the opec decison is making me feel very uncomfortable in shorting just yet..



So i gna go out today instead and start on the white rum early today..

 

[spanish89]

Today's closed trades (Full Trade History)
Contract Order # Date/Time Buy/Sell £/tic Tic Size Price Profit/Loss
Nymex Crude Oil - Oct Daily Fut
Nymex Crude Oil - Oct Daily Fut 5665872 08/09/2008 11:25 Buy 1 0.01 107.15
Nymex Crude Oil - Oct Daily Fut 5665886 08/09/2008 11:31 Sell 1 0.01 107.23 £8.00
Nymex Crude Oil - Oct Daily Fut 5665919 08/09/2008 11:37 Buy 1 0.01 107.00
Nymex Crude Oil - Oct Daily Fut 5665973 08/09/2008 11:43 Sell 1 0.01 107.07 £7.00
Nymex Crude Oil - Oct Daily Fut 5665983 08/09/2008 11:47 Buy 1 0.01 107.20
Nymex Crude Oil - Oct Daily Fut 5666036 08/09/2008 11:55 Sell 1 0.01 107.29 £9.00
Nymex Crude Oil - Oct Daily Fut 5666084 08/09/2008 12:00 Buy 1 0.01 107.44
Nymex Crude Oil - Oct Daily Fut 5666123 08/09/2008 12:06 Sell 1 0.01 107.50 £6.00
Nymex Crude Oil - Oct Daily Fut 5666143 08/09/2008 12:11 Buy 1 0.01 107.31
Nymex Crude Oil - Oct Daily Fut 5666151 08/09/2008 12:13 Sell 1 0.01 107.53 £22.00
Nymex Crude Oil - Oct Daily Fut 5666210 08/09/2008 12:20 Buy 1 0.01 107.38
Nymex Crude Oil - Oct Daily Fut 5666220 08/09/2008 12:21 Sell 1 0.01 107.46 £8.00
Nymex Crude Oil - Oct Daily Fut 5666287 08/09/2008 12:32 Buy 1 0.01 107.64
Nymex Crude Oil - Oct Daily Fut 5666311 08/09/2008 12:32 Buy 1 0.01 107.64
Nymex Crude Oil - Oct Daily Fut 5666311 08/09/2008 12:35 Sell 1 0.01 0.00 £Stop Loss Move
Nymex Crude Oil - Oct Daily Fut 5666365 08/09/2008 12:47 Sell 1 0.01 107.87 £23.00



I know it looks small cos most were under £10 after the 8ticks spread each tade,
but it seriously surprised me when i counted up my profit after just 3/4trades, and saw how much id made!!

 

[porph]

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%

 

[spanish89]

Quote from porph:

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%

Aloha yh i was looking at abn marketindex, and they seem to have a spread of 6ticks on oil daily, 10 on futures, so barely anything, and they seem to widen this spread every now any then.. :eek:

But so ive decided to stay with my beloved tradindex because even though i could make a quid or 2 more elsewhere,
they are worth that few quid simply for their ease of use, and the speed at which i can click in and out of trades at the exact best moments, that the other sbs just can't match.


You had a good day today??

 

[porph]

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 the long term hold as well.

 

[candles]

Yow been killing oil today, Spanish!!?

Took some from it myself today from a short...closed way too soon though, looking at it now. Not to worry.

Another day another dollar.

Will post one of my usual snapshots from my account if I get the time, but have just bought a snazzy new pc and am busy with that. super quick (at least compared to my last one. Loviing it!)

 

[Charly]

Quote from 00009:

Yes they are, I'm trading with Oanda and would open account with abn amro also for CFDs but they take only people from UK and Germany.

#########################################

Lucky you - their platform is pure sh.... -
at best.

 

[ceydababy1]

I see this TWA*T has made it over to Elite Trader. Just for the record he is a self professed EBAY Scammer, a bodyguard to the rich and famous, part time model, Earns over £500k per year as a professional stock market trader, oh and works only 2 days a week ! He tried to join the Surrey Police as a special constable and got rejected !! LMFAO

http://www.policespecials.com/forum/index.php?showtopic=76232&st=0&start=0

Above is the pillocks chat on some police website.

I notice he has changed his location from Staines to Addlestone ! This cock was trying to blag a lift to a traders meeting because he didn't have the cash to pay for a cab.

In short he is an ear ringed Staines Pikey and cannot believe anyone listens to the shit he spouts

 

[porph]

Quote from candles:

Yow been killing oil today, Spanish!!?

Took some from it myself today from a short...closed way too soon though, looking at it now. Not to worry.

Another day another dollar.

Will post one of my usual snapshots from my account if I get the time, but have just bought a snazzy new pc and am busy with that. super quick (at least compared to my last one. Loviing it!)

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.