5% - 10% profit per day trading

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Account is hours away from my new 11k target!! :

Made another £350 odd so far :)

Have attached usual screenshot and thought i may aswell show the actual trade too :)
 

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Topped my account up to £5k as I felt I needed to decrease risk and I couldnt really reduce position sizes as already at a minimum.

Made £92 today from 2 trades, 1 on SP500 and 1 on crude.
 
Quote from blackjack666:

Account is hours away from my new 11k target!! :

Made another £350 odd so far

Have attached usual screenshot and thought i may aswell show the actual trade too
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Im seriously struggling with this market now!! :( :(

How on earth can you keep on selling when the market has already crashed so far so fast and so steeply??? :eek: :confused: :eek:


I sold just below $68 after the oil inventory, took £210 loss on that!!

So bought just above $68, and now holding a loss off nearly £400 on that trade!!! :(
 
Ok ive counbted and ive ended today with -£148.

And open trade of £5 per tick from an averaged price of 67.58, market currently closed for me but is at 67.45


Ive set a target of that at 69.26, so itl be a total of £840 profit.


However i may decide to do what everyone else is doing and just amble wildly with trend chaser trades, and take a few thousand of it!! :mad: :mad:


Im SO SO SOOOO FUCKING ANRGY AT THE AMOUNT OF BADLUCK IVE IVE HAD OVER LAST 2 WEEKS BECAUSE I REFUSED TO GAMBLE!!!!! :mad: :mad: :mad:

I made so many perfect beautiful trades, and yet cos i didnt gamble made barely anything of them!!

I sold oil at 84.56!!!!
Cashed in at 84.06.... oil crashes down to nearly $64 in a sratightline!!


I bought oil at 68.87, cashed up at 70.13, it rose to 73 n then to 76 over next day!!!


I sold oil at 74.56, lost over £200 cos playe dift safe with tight stoploss...,
oil touches 76 and then crahes 10dollars straightline in 2days!!!!!!!!



Im sorry to always sound angry, but im just so so sooo fucked off that of cos ive made calls and trades worth thousands each, yet ive barely take hundreds of them all combined!!! :( :eek: :eek:




And so thats why from now im gna take this £5 tick trade and gamble it as high as it goes till it just gets absurd!!!
 
Mmmmmmm

Ive no gone from that -£700+ to being at breakeven, and in at £5 per tick at what looks like a very low spike of oil that is gna get atleast 1 t 2 dollars pullback now overnight!! :D :p


The only thing i dont like is those stupi currecny papirs with dollar getting stronger evryday!! :eek: :eek: :confused: :mad: :mad:


Cos i know that the second i decide to buy the dollar, its going to start its pullback!!!
 
you were down over £700??!!
Were you just gonna hang on to it until it came back? Is there a point where you would have cut your losses or just risk the whole account??

Im glad it came back for you because i dont like to see anyone lose money, but your just gambling, dude. (you pretty much said the same thing yourself) You can of course make money like this, but not as a job.
 
Quote from paul_alan:

you were down over £700??!!
Were you just gonna hang on to it until it came back? Is there a point where you would have cut your losses or just risk the whole account??

Im glad it came back for you because i dont like to see anyone lose money, but your just gambling, dude. (you pretty much said the same thing yourself) You can of course make money like this, but not as a job.
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LOL


No mate im not gambling.

If i was i would have made so much money as id have left all my trades running over last 2 weeks and have made thousands, instead of barely £1,000.

And it sound like alot, being in a loss of 700quid, but when you at £5 per tick thats barely $1 of oil!! lol

And oil likes to move in 20ticks per movement often now, so i simply just got caught out a few movements too high! :p


I trading ultimately of the monthly chart, and so i commfortably had my stoploss at 64.52, as i could tell that after the ridiculously steep decline we have had of nearly 50dollars in under 3weeks that it wouldnt break through the 66/65 support ebfore going up a few dollars.

And i was right, again.



Cahsed in 2 of the 5 of thos earlier for £120, nabbed a quick £20 of the ftse just now too, so up £140 for the day, £340 for the week now,
and back in at £5 tick long on oil.

Got bit of crappy average at 67.90 though.... :/


But my target is set at 69.26


Moved stoploss to just 66.52 for that trade though.

But things are looking very positive so far for this oil rise.... :) :)
 
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