5% - 10% profit per day trading

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unlucky? I was thinking that you were the luckiest guy in the world yesterday when you were badly on the wrong side of oil until it rallied 300 points in no time at all! lol
 
hi spanish. I actually shorted it before the open so its down loads more now from where i got out! Doesn't matter though. still picked the direction right :) Each bounce got sold off with ease which made me think we would go down some more so i hit it for a £4 per tick short . Shame i dodn't hold it longer though....
 
Hey guys. Wierd day today, only just got into the groove in the last hour to end up over 2k. I caught 80pts of the dow upwards move with a largish position and also a couple of crude trades. Took some losses too but pleased with the net result.
 

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well guys ended not as bad as i thought today went to the pub and just came back
recovered some the losses so still alive :) that long bet spanish worked very nicely
Serial No |Date |Dealer |Action |Stake |Description |Opening Price |Closing Serial |Closing Price |Profit/Loss
3455324 |11/11/08 |WEB |Sell |-2.00 |WALL STREET - ROLLING FUTURE |8610 |3457246 |8799 |378.00
|11/11/08 |NB | | |£250 cash back offer | |3454997 | |250.00
3444081 |11/11/08 |WEB |Sell |-1.00 |WTI LIGHT CRUDE - JAN |6406 |3454945 |5949 |-457.00
3440218 |11/11/08 |WEB |Sell |-1.00 |WALL STREET - ROLLING FUTURE |9133 |3454895 |8578 |-555.00
3440339 |11/11/08 |WEB |Sell |-1.00 |BG GROUP - ROLLING |1018.0 |3452129 |917.1 |-100.90
 
Quote from pocrel:

well guys ended not as bad as i thought today went to the pub and just came back
recovered some the losses so still alive :) that long bet spanish worked very nicely
Serial No |Date |Dealer |Action |Stake |Description |Opening Price |Closing Serial |Closing Price |Profit/Loss
3455324 |11/11/08 |WEB |Sell |-2.00 |WALL STREET - ROLLING FUTURE |8610 |3457246 |8799 |378.00
|11/11/08 |NB | | |£250 cash back offer | |3454997 | |250.00
3444081 |11/11/08 |WEB |Sell |-1.00 |WTI LIGHT CRUDE - JAN |6406 |3454945 |5949 |-457.00
3440218 |11/11/08 |WEB |Sell |-1.00 |WALL STREET - ROLLING FUTURE |9133 |3454895 |8578 |-555.00
3440339 |11/11/08 |WEB |Sell |-1.00 |BG GROUP - ROLLING |1018.0 |3452129 |917.1 |-100.90
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lol

Your profit/loss thing is confusing layout.

Il post mine from yesterday and today.. :)


But im glad you did listen to me and took the dow trade from the level i said,
as i felt proper bad that you got fucked on oil, and almost felt like it was my fault cos you used my style of stoplosses, but didnt cash in yesterday at that spike up.

I knew 8600 would be a strong strong support elevl though, and especially after the 600points down trend i could almost smell the bounce that would have to come when the profit taking and fresh buying started.
 
ARRRRRRRRGHH!!!!!!!!!!!!!!!!


FUCKING HELL!!!!!!!!!!!


THE 1DAY WHEN I DO JUST LEAVE MY TARGET ORDER TO RUN AND TURNED OFF LAPTOP THE FUCKING MARKET ROCKETED IN MY FAVOUR AND I MISSED IT!!!!!!


I COULD HAVE TAKEN NEARLY £500 PROFIT!!!

INSTEAD NOW IM BARELY £300 PROFT
 
yeah as i said today i closed out those losses, wont get a pand l till tonight so they are just trades in the day so made nearly 400 from the dow bounce and the 250 cash back makes me down 400 on the day from oil instead of the 1000 when we chatted so not bad i think i will spend most of my trading down the pub from now on ha :D less stressful
 
Quote from paul_alan:

unlucky? I was thinking that you were the luckiest guy in the world yesterday when you were badly on the wrong side of oil until it rallied 300 points in no time at all! lol
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lol


Tat wasnt luck mate, i knew what i was doing, and that the market just couldnt avoid having to pullback.

Since all teh people who were short and ''wanted'' oil to crash down dozens of dollars,
but they knew it wouldnt and the majority would have their fear of loss overcome their greed and so take profit.

And so the pullback came.


The unluckiness was that i was long £8 from 62.82, had been scalping u taking under 40quid each scalp, and then when the sudden huge spikes came i barely had £4 on at the time!



Im taking another fucking cos i cashed in at the 87.30 level, but then readded back in the 2longs, and then added another 3rd long from 8686


The dow however has cashed down instead of spiking up for todays close, and now its under 8600 when i have average buy price of 8724! :(


So no matter what i do i keep getting fucked!!!
 
This is why i hate traidng indicies, especially the dow,
as its more just gambling than actual traidng when you do them since they have no logic or reasons behnd the differnet moves, and have no range or trend even, just random spikes every now and then mixed in with long trends spikes and then sideways patches.


I wanted to add £1 more at the 8568 area, but i cant take that risk cos dow could just crash in the last few minutes, even though theres no new fresh bad news or anything to cause it.... :(


I miss oil.. :(
 
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