5% - 10% profit per day trading

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Quote from spanish89:

No No, lets discuss this rationally


What the fuck does the government do for anyone though??? LOL


:D :p
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Go live in a country like India or Pakistan or some other shithole and see if you can claim benefits there.
UK might have it's problems but try the alternative and a least be grateful that you can get benefits at all seeing as the age you are you haven't actually contributed any fucking tax at all in your short life you self obsessed little tranny...
 
Quote from wee man:

Go live in a country like India or Pakistan or some other shithole and see if you can claim benefits there.
UK might have it's problems but try the alternative and a least be grateful that you can get benefits at all seeing as the age you are you haven't actually contributed any fucking tax at all in your short life you self obsessed little tranny...
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Nahhhh i think il stay here a year or 2 longer just to really ravage and plunder the land of all its benefits 1st!! :D :p HAHA

I already maxed out a creditcard on luxury modern art decoration, and the just wrote some fob story template letter of some website to the bank saying the credit crunch got me as an investor, i have no house or car in my name that they could take, and the best i could do was offer nominal payment of £1 per week.
(didnt even wana pay that though as i could use that £50 per year to buy more food or fun stuff).

And they just threw it in with the rest of the write offs and wiped the slate! :D :p



Now i think its time to savage the benefits system, notch up a couple 'undeserved, yet impossible to prove im not legally entitled to them' benefits and bonues, just to really shore up my financial standing, and then will just continue relishing in my rude existence!! :D :D :p :D :D


Back to warm exotic beautiful spain once ive finished here though, costa tropical here i come! :p
 
Another cracking day so far..

Balance up to £17,400 on a few long plays on crude. Managing to hold on to my winners and letting them run whilst not being afraid of giving back profits.

Glad i focused on psychology recently.
 
That's some sweet trading mate! What kind of trading methods do you employ, and what time frames do you trade?

I'm in the same position as you in that I also work full time - it just gets in the way of what I really want to do! Do you manage to trade whilst at work?

Cheers

Banksie

Quote from porph:

Another cracking day so far..

Balance up to £17,400 on a few long plays on crude. Managing to hold on to my winners and letting them run whilst not being afraid of giving back profits.

Glad i focused on psychology recently.
More...
 
Quote from banksie:

That's some sweet trading mate! What kind of trading methods do you employ, and what time frames do you trade?

I'm in the same position as you in that I also work full time - it just gets in the way of what I really want to do! Do you manage to trade whilst at work?

Cheers

Banksie
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yes i do and its agonising. Right now is end of month day +2 so very busy but I've made nearly 2k trading today which is getting on for my take home per month. You can see why I prioritise trading...

With regards to methods, I dont have hard and fast rules. Im very much discretionary with a 20sma and approximate S/R lines as guides. I try to look at the fundamentals and try to get on that side if possible. sometimes I scalp for 20-30 points but the aim is to get into the bigger moves (hopefully 100-200+).

Time frame wise, I look at all of them but make the decisions based on the daily, 30mins, 5 mins and 1min.

However i think the main thing that has allowed me to be profitable is familiarity with the one market i trade (on the whole) and just seeing what the price does.

The biggest aids for me were 'reminisces of a stock operator' and 'market wizards'.
 
Quote from spanish89:


I already maxed out a creditcard on luxury modern art decoration, and the just wrote some fob story template letter of some website to the bank saying the credit crunch got me as an investor, i have no house or car in my name that they could take, and the best i could do was offer nominal payment of £1 per week.
(didnt even wana pay that though as i could use that £50 per year to buy more food or fun stuff).

And they just threw it in with the rest of the write offs and wiped the slate!
More...

If you can live with yourself as a lying thief, then I hope you will surely reap the rewards of the markets revenge.
 
Quote from DblArrow:

If you can live with yourself as a lying thief, then I hope you will surely reap the rewards of the markets revenge.
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he is not lying, he is technically bankrupt and has no assets
 
I tried trading at work a couple of times and I found that I just couldn't keep focused on the job I was supposed to be doing!

What is your job if you don't mind me asking? £2k is a nice take home, unless you live in London! I'm in engineering myself, which was always going to be an underpaid career - that's why I want to make it as a trader! My biggest obstacles at the moment are trading just to be in a trade and fear of losing.

I've just started 'reminisces of a stock operator' so hopefully I can get as much out of it as you have.

Quote from porph:

yes i do and its agonising. Right now is end of month day +2 so very busy but I've made nearly 2k trading today which is getting on for my take home per month. You can see why I prioritise trading...

With regards to methods, I dont have hard and fast rules. Im very much discretionary with a 20sma and approximate S/R lines as guides. I try to look at the fundamentals and try to get on that side if possible. sometimes I scalp for 20-30 points but the aim is to get into the bigger moves (hopefully 100-200+).

Time frame wise, I look at all of them but make the decisions based on the daily, 30mins, 5 mins and 1min.

However i think the main thing that has allowed me to be profitable is familiarity with the one market i trade (on the whole) and just seeing what the price does.

The biggest aids for me were 'reminisces of a stock operator' and 'market wizards'.
More...
 
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