5% - 10% profit per day trading

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Quote from spanish89:

£2,389 spent somehow in under 2months!!! :eek: :confused: :eek:


And i ahve no fucking idea where that all wnet though!!
I can only in my mind actually account for maximum spending £600!!
:(
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Looks like you're trying to live a champagne lifestyle when you've only got a lemonade trading income. :D
 
well no point me trading today as my account is just ticking over in a major loss 325 on the dow 255 on nymex and 90 on bg group so waiting for a bounce of some sort as it been down hill since i entered them. entry poins dow 9188, nymex futures (jan) 6406 and bg group 1018.0
anyone think i should close any of these?
what are ye all doing today? its very quiet :confused:
 
Quote from bigtool:

Looks like you're trying to live a champagne lifestyle when you've only got a lemonade trading income. :D
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LOL


Ive been averaging over £6,000 per month, every month for nearly 3months mate, increasing from 3k per month for the months before that, from a starting of just £759 under 5montsh ago!!

So i wouldnt call it 'lemonade income! :D :p
 
Quote from spanish89:

LOL


Ive been averaging over £6,000 per month, every month for nearly 3months mate, increasing from 3k per month for the months before that, from a starting of just £759 under 5montsh ago!!



Exactly...i bet you aint got too many mates your age earning over £70k per year.
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Quote from advfntrader:

you going long then Spanish ?
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I not started trading yet, as when i looked at around 11.30 when i wokeup it basiscally just sideways movement all day, with barely $1 range of that even.

And my spread size alone would be 1/8 of the entire range!! LOL


Im looking for a dip dwn to the 56/58 level, so i can then go long from there if the dow bounces and dollars starts its weaking pullback.

Il probably just wait the oil number tomorrow and trade off that.
 
K i made my trade... :) :p

Had called dow a buy from 8600 last week, missed the 500+ points cos didnt take the risk, but got in today on the dow march contract.

I got in long just as the daily dow hit 8616 (8583 for me, so 33 lower), so managed to get in very very near the low of the day.

Im long at £2 per point, stoploss of 477points so normal dow would have to fall to 8139 to have me taken out.


Target level has been set at 9069 for me (10points spread so i need march dow to hit 9079),
or rather have normal dow goes hits 9116 and i make £972 profit.

Max loss could be £954 though, but after dow falling so much over last 2days now with no real 'new' factor to still pull it down, there should be bargain hunting buyers coiming back in at this level, and ALOT more buyers at levels between here and the low 8000s.
 
nice bet good luck, i just hope your right as i am still stuck in that dow trade from yesterday and i am down 880 pounds with the oil trade not coming back either, the question is should i just hang on as looking at the charts everything looks over sold but i will need to add to my account to avoid a margin call, what do you think guys?
 
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