5% - 10% profit per day trading

[lemeeeplay]

Quote from usman88:

i dont hold my positions for long
the max i aim for is 100 cents profit. My usual targets are 20-30 cents in quick succession.

That was smart. This thing is turning around again.

 

[clunk]

Similar targets to me, except I make less trades.

I'm still trading feb:eek:

 

[usman88]

wont be buying at 4240 anymore
4180 is what I am looking at

 

[usman88]

best time to go long now
@4260

 

[lemeeeplay]

Energies are holding up while the stock market is testing new daily lows. This is somewhat a good thing, because it shows there is strength here, and when ES bottoms, oil will take off. There is still risk here in that if ES nose dives everything else follows.

Still holding long with original stop at 42.15 and target around 43.50s. Will move target around as the day progress though.

 

[lemeeeplay]

I dont like what I am seeing here. OIL is so weak

 

[clunk]

Long feb @$35.41

 

[etoile]

Long 4250, SL 4210. Crude still looking weak though.

 

[lemeeeplay]

One thing I hate about trading oil is that the biggest moves happen in pre-open session. By the time the US session starts, the market is already over extended.

 

[lemeeeplay]

Wow it overshot my stop by .10 and I ended up losing -$610 on this trade.