5% - 10% profit per day trading
- Thread starter spanish89
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Aloha mate, ive made 5 withdrawals through-out the week already, £65 - £90 each only, but added up to abit over £400!
Don't even know where ive spent it all tbh..
But im keeping the rest of it in as capital, as i still have no rent till december, as i already paid 3months in-advance!
Il post a screenshot of the account now just to prove to everyone i didn't makeup this £1,819 profit this week..
And for next week im just gna stick to trading in this same style of going for slightly longer term sell trades, with profit targets of 60 - 250ticks per trade, at £1 - £2 per tick, and maybe just 6 - 8 trades per day max though.
Instead of loads little scalps for 20ticks profit and 12ticks spread cost like had been doing for the last few months.
And il be more than happy if i can get to a target of £650 profit next week.
That is some really nice trading you're doing there, best of luck to you!
Also that is a real slick looking platform, very nicely laid out. However with spreads like those that's deff a bucket shop, but if you can take money out their greedy pockets then keep it up!
On a side note your previous post said you paid 5 months rent? Now you're saying 3 months? Just curious?
Also that is a real slick looking platform, very nicely laid out. However with spreads like those that's deff a bucket shop, but if you can take money out their greedy pockets then keep it up!
On a side note your previous post said you paid 5 months rent? Now you're saying 3 months? Just curious?
Quote from spanish89:
But im keeping the rest of it in as capital, as i still have no rent till december, as i already paid 3months in-advance!
Quote from trading_time:
That is some really nice trading you're doing there, best of luck to you!
Also that is a real slick looking platform, very nicely laid out. However with spreads like those that's deff a bucket shop, but if you can take money out their greedy pockets then keep it up!
On a side note your previous post said you paid 5 months rent? Now you're saying 3 months? Just curious?
Aloha and cheers mate..
Hows your week/month been in trading??
And yeah ive technically only paid for 3months rent inadvance, so from 22nd Aug - 22nd Nov paid for already.
But ive also paid just under £1,500 security deposit on the place too, so even though its not actually being used as rent money, its basically just the equivalent of 2months more rent cash that ive just invested in the place to withdraw when i move out, and use for 2months rent somewhere else that has already been paid out of my bank by me. lol
Ok im now really starting to get fuking angry and pissed off at someone, i just don't know who i can blame this one on and take it all out at!!! 
LOL
I was over in Brett Dogs 2k t 100k journal chatting about taxes and how i save money by not paying any, just paying higher comission....
BUT AFTER 19MINUTES I WORKED OUT THAT IVE ACTUALLY GENERATED £18,650 PROFIT IN 4MONTHS, FROM A STARTING CAPITAL OF JUST £759!!! :eek: :eek: :eek:
Here are the calculations:
For the last few months i was trading slightly more at £1 tick, but i was having 2 - 3 trades all open at the same time.
And back then i was doing 50 - 60trades per day though!! :eek:
So if i was doing just 50 trades per day at £12 per trade, i have been paying £600 per day, each day for months and months now!! LOL
600x5= £3,000 per week paid in commission!
So £3,000 x 4 (the number of months since i left college and made the change from partime trading- to-being able to stay home and spend all day each day fulltime trading for career),
= ive already paid (technically earnt £12,000 extra!!)
So if i add that £12,000 + £4,831 (1st 3months going from £759 to £5,590) + £1,819 (all made in 1week this month cos was getting furniture deliveries for 1st 2weeks, and 3rd traded 3days but broke even. And starting from under £2,400 capital again).
= Ive already actually technically, morally, hypothetically and physically generated a profit of £18,650 in 4months!!!! 
(All from a starting account of just £759!!!)
LOLI was over in Brett Dogs 2k t 100k journal chatting about taxes and how i save money by not paying any, just paying higher comission....
BUT AFTER 19MINUTES I WORKED OUT THAT IVE ACTUALLY GENERATED £18,650 PROFIT IN 4MONTHS, FROM A STARTING CAPITAL OF JUST £759!!! :eek: :eek: :eek:
Here are the calculations:
For the last few months i was trading slightly more at £1 tick, but i was having 2 - 3 trades all open at the same time.
And back then i was doing 50 - 60trades per day though!! :eek:
So if i was doing just 50 trades per day at £12 per trade, i have been paying £600 per day, each day for months and months now!! LOL
600x5= £3,000 per week paid in commission!
So £3,000 x 4 (the number of months since i left college and made the change from partime trading- to-being able to stay home and spend all day each day fulltime trading for career),
= ive already paid (technically earnt £12,000 extra!!)
So if i add that £12,000 + £4,831 (1st 3months going from £759 to £5,590) + £1,819 (all made in 1week this month cos was getting furniture deliveries for 1st 2weeks, and 3rd traded 3days but broke even. And starting from under £2,400 capital again).
= Ive already actually technically, morally, hypothetically and physically generated a profit of £18,650 in 4months!!!!
(All from a starting account of just £759!!!)
just to deflate your head a little, i started with a 500 dollar account in july, i now have made over 80k. its not the end of september yet. im not saying that what you did is pretty impressive, im just saying it can be done with massive leverage. as long as you have the funds to lose and the aptitude for risk.
adios
im not saying that what you did is pretty impressive, im just saying it can be done with massive leverage. as long as you have the funds to lose and the aptitude for risk.adios
Quote from ivantchourilov:
just to deflate your head a little, i started with a 500 dollar account in july, i now have made over 80k. its not the end of september yet.
adios
LOL
Im not actually being big-headed, im simly letting the nmbers do the talking for themself.
I knew i was a good trader, but never actually knew i was this good! lol
I worked it out and ive made a 2,457% profit in 4months!!
(Im not into 'playing the stressed victim' or any of that stuff though) LOL
I was in a extremely tough situation, i belived in my skill and ability, and so just used it and got myself out of it.[I/]
How exactly did you go from $500 - $80,000 in 3months though??!
And as this is the internet, and every other guy on here is a millionaire trader (LOL), nothing anyone claims can belived till hard solid un-editable evidence is shown to prove it.
You willing to post screen shots of your account history though?? lol
Quote from spanish89:
LOL
Im not actually being big-headed, im simly letting the nmbers do the talking for themself.
I knew i was a good trader, but never actually knew i was this good! lol
I worked it out and ive made a 2,457% profit in 4months!!![B/}
And i didnt have 'the funds to lose' though mate, as unlike basically every other trader who starts with 1,000s quid spare cash, the �759 i started with when went fulltime was all the money i had in the world.
I didnt deliver the results i wouldn't have been able to eat.
Id fuked up and lost that money if have basically become homeless and died of starvation! lol
So there aren't many traders who have more pressure than i was and still am under.
(Im not into 'playing the stressed victim' or any of that stuff though) LOL
I was in a extremely tough situation, i belived in my skill and ability, and so just used it and got myself out of it.[I/]
How exactly did you go from $500 - $80,000 in 3months though??!
And as this is the internet, and every other guy on here is a millionaire trader (LOL), nothing anyone claims can belived till hard solid un-editable evidence is shown to prove it.
You willing to post screen shots of your account history though?? lol
well i originally had a 20k loan that i lost on shares, so when i say i had money to lose, i figured i'd earn it back later. anyhow. i sent you a statement before you were banned on t2w. i really dont have effort anymore. its not like it really changes anything.
i use several indicators to predict turning points. the rest is good position sizing. i only trade one contract, the aussie 200 (spi200), however i analyse everything, starting from dow jones and ftse every night to oil and gold. also look at aud/usd, the euro with a few pairs and the yen's relationship. hen i look at treasury bills and bonds. the yankee ones. yield curves. the like. so i trade one product, but analyse everything. i have taken one loss over these 2 months. i can show you a collection of guitars that i bought though... lol
This is why spreadbetting is rarely cheaper than trading "properly" with a direct access broker.
you're paying your bookie far more of your profits than you would pay to the government if you had to pay tax.
Comment on ur calculations: as I know profit = income - expenses
In your case u made 18650 income in 4months, and not profit.
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