5% - 10% profit per day trading

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another good day.
Charts are still messed up/compressed due to the data spike a few days ago (any others have this problem with she SP500 with ABNAMRO?)

Basically started buying in the evening session yesteday and scailed out in five parts todaym making around 120 pips :)

Can provide a screenshot if anyone particularly wants one, but it looks like that'll be useless until enough time passes to make the spike in the data meaningless (probably a few days...)
 
Quote from candles:

another good day.
Charts are still messed up/compressed due to the data spike a few days ago (any others have this problem with she SP500 with ABNAMRO?)

Basically started buying in the evening session yesteday and scailed out in five parts todaym making around 120 pips :)

Can provide a screenshot if anyone particularly wants one, but it looks like that'll be useless until enough time passes to make the spike in the data meaningless (probably a few days...)
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Well done mate.

Today been my shittest day yet though!! :(
And unless the oil starts crashing and falling again im gna be getting into an extremely dangerous sitaution!! :( :(


I think todays rise from 93 up to 102 now is absolutely ridiculous and illogical though, as its based on nothing except 'buyers hoping a new bailout will be be passed' that will save the economy.

I just need to now hope that this is already priced in fully now though, so we can get back to worrying about demmand destruction.
 
Oil dropping off now by the look of it :)
Only up this early 'cos ive got a headache from too much drink last night!
Back to bed now for a good sleep!
 
Quote from blackjack666:

Oil dropping off now by the look of it :)
Only up this early 'cos ive got a headache from too much drink last night!
Back to bed now for a good sleep!
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All i need now is this hope about bailout to wear out / over supply in inventory number.
 
Hard to argue that the markets are illogical seeing as they move based on buys and sells. I know you dont like advice spanish but i think you need to take into account the other market players ie not just the speculators. Lots of companies with exposure to oil will be hedging etc
 
K to free up capital to use as stoploss extention, just to be extra safe, i dropped 1 trade down, took a loss of £398, and got over £900 capital freed to put the new stoplosses at 110/11 area.

I cashed in £14 yesterday + £452 monday, so even after this 398 loss im still up 68 for the week.

And the target on this £3 tick sell now is 95.19.
 
Quote from porph:

Hard to argue that the markets are illogical seeing as they move based on buys and sells. I know you dont like advice spanish but i think you need to take into account the other market players ie not just the speculators. Lots of companies with exposure to oil will be hedging etc
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:(
 
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