5% - 10% profit per day trading

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Quote from banksie:

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.

2k nice take home??? when i was working in nyc, starting salary for grads was 60k/year
 
Quote from alientrader:

2k nice take home??? when i was working in nyc, starting salary for grads was 60k/year

I meant from a graduate engineers perspective it would be very good - I think after tax, student loan, pension etc, a take home of £2k is about £40k a year. Graduate starting salaries in engineering are about 20-25k.
 
Quote from spanish89:

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

but UK has page 3 girls
 
Quote from alientrader:

2k nice take home??? when i was working in nyc, starting salary for grads was 60k/year

in £ btw. I didnt say it was great but it gets me by, i think its about $70k/year ?

take home is after tax/student loan repayment/pension in case there was some misunderstanding re that term
 
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.



HAHAHAHA

''THE MARKET REVENGE''??!! loool :D :p

So the stockmarket now goes about putting curses people?? LOL



Look mate the stockmarket isnt 'a physical object'....,
its simply millions of people all connected trhough an online network.

A load of random people sitting behind their computer screens who dont even know me are now all meant to band together to somehow workout what trade si have made, and then all trade the opposite direction just to i lose money??? HAHAHA :D


The market doesn't give a fuk who you are, how greedy or criminal you might be.

Look what happend to all the big city bank traders, they were all greedy lying idiots and yet they all made millions in salalries! :p





Back to trading-

Well done porph mate.. :)

I took the day off today as was tired of all the stress, so wanted a day off.
Gna take the top of this crude rally later or tomorrow tough, and just about to log on and check how my corn long is doing though... :)
 
WOW!!

Loook at that spike!! :p


I dropped £3 sells just under $69, cashed in at 68.43 for a total after spread profit of £134, so not bad for a few mins work.

And now ive resold £5 tick from 68.60 average price, target price level set at $66.61, so nothing tough, but will be over £1,000 profit for the day if oil alls to that today.


And after rising nearly $8s in a few hours in a straightup vertical line the probablity of it not falling back atelast $2s is extremely remote...
:)
 
Quote from spanish89:

HAHAHAHA

''THE MARKET REVENGE''??!! loool :D :p

So the stockmarket now goes about putting curses people?? LOL



Look mate the stockmarket isnt 'a physical object'....,
its simply millions of people all connected trhough an online network.

A load of random people sitting behind their computer screens who dont even know me are now all meant to band together to somehow workout what trade si have made, and then all trade the opposite direction just to i lose money??? HAHAHA :D


The market doesn't give a fuk who you are, how greedy or criminal you might be.

Look what happend to all the big city bank traders, they were all greedy lying idiots and yet they all made millions in salalries! :p





Back to trading-

Well done porph mate.. :)

I took the day off today as was tired of all the stress, so wanted a day off.
Gna take the top of this crude rally later or tomorrow tough, and just about to log on and check how my corn long is doing though... :)

u have much mkt widom for a 18 year old
 
Quote from alientrader:

u have much mkt widom for a 18 year old


lol

Thanks.


Got in abit to ealry on the oil as its jumped $1 more to just under $70, bit annoying, but the higher and steeper this spike, the harder and steeper it will fall.


Its not moving now though, just sitting still, with the occasional jolt every few mins.


Guess we gna have to wait till obama is confirmed as president, and tehn see if we get a market crash
 
5 pounds a tick sell 68.80( average)----- price now 69.92 . If you are still in then how large a stop are you using. Man , thats £ 760
Thats got to be crazy trading --unless of course it comes right eventually--then you`re a hero. Nothing personal, just curious
 
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