5% - 10% profit per day trading

[euclid]

Quote from spanish89:


Ive learnt my lesson now though.....

Im not gna ever do any of this pouncy 'tight stops, take lots little losses' nonsense!!

Your first few posts on ET were about how you took positions not bets. All we've seen since is you being shaken out of potentially profitable positions. Sort yourself out.

I wonder how long will it take you to figure out how to trade the news?

Good journal though. Easily the most entertaining thing on ET. I can't wait for the next episode. Good luck.

 

[mr.charts]

Here's that post........

Quote from 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

 

[candles]

Just the one trade today - long the spx.

Came within 5 pips of stopping me out.
Closed the trade at the green profit circle for 46 pips.

Just cathing up on todays posts - have you recovered todays earlier losses now Spanish?

 

[spanish89]

Quote from candles:

Just the one trade today - long the spx.

Came within 5 pips of stopping me out.
Closed the trade at the green profit circle for 46 pips.

Just cathing up on todays posts - have you recovered todays earlier losses now Spanish?

How you never ever have losses r losing days when you dont make enough money?? :eek: lol

And cheers for asking mate, i hit back hard at it, and basically after all the losses, im down £54 so far this week.

 

[candles]

lol.
I have losing days. In fact I think I lost on Monday, and today would have been a losing day if the spx dropped by a few more pips to hit my stop. I Dont have losing weeks though!

 

[spanish89]

Quote from candles:

lol.
I have losing days. In fact I think I lost on Monday, and today would have been a losing day if the spx dropped by a few more pips to hit my stop. I Dont have losing weeks though!

How you avoid them, while at the same time using tight stops always though??

You trade off breakout spikes as entries?


Im in an oil short from 102.24, using a nice giant stoploss up in the 120s where i know the market cant come catch me.. lol
And a target level of 100.92

What you think of that trade though??
You see oil down for ''another'' day tomorrow??

 

[candles]

Quote from spanish89:

How you avoid them, while at the same time using tight stops always though??

You trade off breakout spikes as entries?


Im in an oil short from 102.24, using a nice giant stoploss up in the 120s where i know the market cant come catch me.. lol
And a target level of 100.92

What you think of that trade though??
You see oil down for ''another'' day tomorrow??

about 50% of my trades are 'system' trades all generated from an excel spreadsheet. Took me about 4 years to design it but I am pleased with it.

Other trades are chart based. Sometimes, as you suggest - 'breakout trades'. Sometimes reversal pattern trades. Some of my trades are even 'indicator based' (although only a tiny percentage.)

What do I think of your trade?....no comment

 

[spanish89]

Quote from candles:

about 50% of my trades are 'system' trades all generated from an excel spreadsheet. Took me about 4 years to design it but I am pleased with it.

Other trades are chart based. Sometimes, as you suggest - 'breakout trades'. Sometimes reversal pattern trades. Some of my trades are even 'indicator based' (although only a tiny percentage.)

What do I think of your trade?....no comment

How you intergrate a spread sheet 'trading system' into a brokerage platform?? :eek: :eek: :eek:

And how can you create something like that, when you dont know where the spikes and crashes will be??


Fancy sharing it with me though?? lol



And come on mate, you think oil wit hit 101 before hitting 123, before 19th september??

I trade of eur/usd in the background always too, so just hope tomorrows another year low.. lol

 

[wee man]

Quote from spanish89:



Im in an oil short from 102.24, using a nice giant stoploss up in the 120s where i know the market cant come catch me.. lol

I think that's a margin call not a stoploss.
:eek:

 

[porph]

Great movement on the ftse today. Made 50% of my account today...

I have been looking at oil recently and I cannot fathom it really so Ive stayed away.

Spanish, do you not think of perhaps looking at something else to trade that behaves slightly more logically?

Glad you recovered some of your losses but jeez 7k credit card debt when you have a few grand to your name?