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5% - 10% profit per day trading
- Thread starter spanish89
- Start date
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Nice one blackjack. I've just checked my account and the balance is £21,430.
With regards to trading full time, im almost thinking that doing it part time is good for me as I dont watch the markets as much so I end up staying in for bigger moves.
I've made £16,430 in 3-4 weeks. I'm due a big slap anytime soon! A 30% drawdown would still leave me at 15k.
I've just gone long at 57.50ish looking to hold this one. I feel a lot more confident at this level of capital trading similar positions than I did at 5k. I think you need to take the risk early on to get the returns.
I'll post a screenshot tonight after my lecture on taxation... wooo FUN.
With regards to trading full time, im almost thinking that doing it part time is good for me as I dont watch the markets as much so I end up staying in for bigger moves.
I've made £16,430 in 3-4 weeks. I'm due a big slap anytime soon! A 30% drawdown would still leave me at 15k.
I've just gone long at 57.50ish looking to hold this one. I feel a lot more confident at this level of capital trading similar positions than I did at 5k. I think you need to take the risk early on to get the returns.
I'll post a screenshot tonight after my lecture on taxation... wooo FUN.
Quote from rjiecs:
bjyour broker is open only to uk residents?
residents of Germany, Austria Switzerland and the UK i believe...
i got stopped out on £2 add on from oil that i had used a 110ticks s/l on, so now have lost £203 for the day, and am holding a loss off over £,2000.
Account capital is back just under £10,000 now also..
I still just dont understand how the trades who move the market / combination off the majority of traders, can all look at their screen, see such a steep decline, and yet instead of buying or selling for the pullback, they keep adding more in that same direction??!
if i knew maybe i could then copy them and do that, but i just dont get how they can do it... :eek:
Account capital is back just under £10,000 now also..
I still just dont understand how the trades who move the market / combination off the majority of traders, can all look at their screen, see such a steep decline, and yet instead of buying or selling for the pullback, they keep adding more in that same direction??!
if i knew maybe i could then copy them and do that, but i just dont get how they can do it... :eek:
K well by taking that last £2 tick trade on and off 3x now ive managed to go from -£103 for the day to being in closed profit of of £163 so far.
And my big trade is just over £1,300 loss at moment.
Have added those 2 back in now, but have managed to keep my average price down to 63.05, from the previous 62.82.
Now just need to hope oil starts to spike upwards now in pullback.
And my big trade is just over £1,300 loss at moment.
Have added those 2 back in now, but have managed to keep my average price down to 63.05, from the previous 62.82.
Now just need to hope oil starts to spike upwards now in pullback.
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