5% - 10% profit per day trading

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Following a few private messages from a few days that i only just noticed when i checked my email box, from people who were asking me if i could clarify my exact trading method in easier to understand terms...


Ive decided that im gna make a 2nd sub-thread to this one,
but it will just firtsly have my trading stratergy explained clearly to start with,
and then i will just copy and paste all the useful stuff posts from this thread over there.

(Not just posts from me btw, from everyone who has contributed useful helpful stuff to this thread)


But that sub-thread will be basiclaly a more serious thread / quick reference thread. :)


*So if anyone has any requests for content or posts of theirs that they want me to include in there just private message me.
 
Quote from MJUK:

Why are you choking up blood??

Nothing so far for me today. Was considering a short set-up but the 40 level seems to be attracting lots of buyers.
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Iv been ill since late last week with fever n sore thrat, started choking up blood earlier this week... :(

But while the markets open i dont leave my screen


But im also struggling to find any possible entries in either direction... :(
 
but it looks like you cant even afford to keep your 'luxury flat' lol, which is why your getting housing benefits? haha.

You talk about how you've gone from having £800 to £30000 or whatever, but dont want to believe that others can make similar returns. For example, assuming that your not telling more lies, youve multiplied your inital stake by 37 times? BlakJak started with £2k? and last I heard was at about £75? Similar, although you like to believe only you can do it! LMAO.

The only difference is that he appears to have a proper system and good entries, whearas you jump into a trade becuase its moved too far too fast :) and then trade it without a stop!! :)

Trading isn't for you/
 
Quote from paul_alan:

but it looks like you cant even afford to keep your 'luxury flat' lol, which is why your getting housing benefits? haha.

You talk about how you've gone from having £800 to £30000 or whatever, but dont want to believe that others can make similar returns. For example, assuming that your not telling more lies, youve multiplied your inital stake by 37 times? BlakJak started with £2k? and last I heard was at about £75? Similar, although you like to believe only you can do it! LMAO.

The only difference is that he appears to have a proper system and good entries, whearas you jump into a trade becuase its moved too far too fast :) and then trade it without a stop!! :)

Trading isn't for you/
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I turned £800 into earning a 'total' of about £30,000 over a period of 5months trading.
(But had to take big risks often to do it)

And i didnt just sit there smiling as i saw my capital rising by a few thousand each week, and think ''ahh thats nice i have gone form being poor to having so much money, but i think il just leave it all in my account and keep risking it instead of keeping my capital low to lower teh amount of money i could lose''! :D


Thats extremely different to somone who starts with 2k,
also claim that that is all the money they have in the world and so cant afford to lose it,
and then after under 3months they have turned that into nearly 1/10 of a million quid,
yet they have taken it all in their stride and havent withdrawn to lock it in,
and have barely even had any stress as the money just flows to them everyday, no matter what market they trade! :D

But im gna end this discussing what others claim to have made,
as theres no way we can ever 'prove' it either way.


And i could afford to keep my flat as have over half a years rent in cash at the moment if i wanted to pay for my next 6months rent in-advance.


But im gna get housing benefit money to pay for it instead as why would i want to put myself under stress of having to always have the worry in the back of my mind of 'what if i have a bad week or few weeks and then have to take money out of my capital to cover rent'...,
when i can instead just get the cash into my bank each month so the worry is off my mind totally and i can focus on just trading at whatever pace and frequency the market moves at... :)
 
Spanish can be called many things, but i don't think Jealous should be one of them.

Jealous people don't like to share their stuff. Whatever little or plenty they have. That can be anything like strategies, genuine helping newbies or general reading of the market. They always try to be evasive, not straight forward and throwing tired old cliche in their answers instead of straight forward answer to a question.

He have been willing to share pretty much whatever he know when asked. He answer trading relating questions as truthful and as best as he understand it. That may or may not be the best answer but nonetheless he tell straight out what he think.

For newbies i think it will good for them if spanish become more knowledgeable and more successful since he will be willing to share that knowledge with them even share his live calls if that what they are asking.

Other "unpleasant stuff" will get iron out with time factor. When he is 25 he will not be talking like 19 years old.
 
As far as Porph and Blackjack go they do not risk 2%.

Porph, I believe is still risking uptp 5% a trade despite his trading account.

Back to oil....I do not see any set-ups.

I have a EURO short idea. Trigger 12750. If it breaks this level it may continue its down trend following the last retrancement.
 
Just two quick scalps today...

In crude: +10 ticks BTO: 43.73 STC: 43.83
GBP/USD: +5 pips STO: 1.4624 BTC: 1.4619

Crude's profit should have been +20 but my TP did not get triggered for some reason, so I had to manually close the trade.
 

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Quote from Armstrong:

Spanish can be called many things, but i don't think Jealous should be one of them.

Jealous people don't like to share their stuff. Whatever little or plenty they have. That can be anything like strategies, genuine helping newbies or general reading of the market. They always try to be evasive, not straight forward and throwing tired old cliche in their answers instead of straight forward answer to a question.

He have been willing to share pretty much whatever he know when asked. He answer trading relating questions as truthful and as best as he understand it. That may or may not be the best answer but nonetheless he tell straight out what he think.

For newbies i think it will good for them if spanish become more knowledgeable and more successful since he will be willing to share that knowledge with them even share his live calls if that what they are asking.

Other "unpleasant stuff" will get iron out with time factor. When he is 25 he will not be talking like 19 years old.
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Thanks mate... :)

How your trading been today and this week??


And ive created the sub forum here with my startergy explained more clearly for newbies or struggling traders... :)

http://www.elitetrader.com/vb/showt...=6&pagenumber=1
 
Quote from x2012:

Just two quick scalps today...

In crude: +10 ticks BTO: 43.73 STC: 43.83
GBP/USD: +5 pips STO: 1.4624 BTC: 1.4619

Crude's profit should have been +20 but my TP did not get triggered for some reason, so I had to manually close the trade.
More...


nicely done mate.. :)

i only saw 1 trade opportunity in oil, the head n shoulders at 2.40pm, but it was too risky cos teh lack of movement during teh day for me to trade it
 
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