5% - 10% profit per day trading

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Quote from porph:

nice one spanish. Definately the best approach IMO.
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Thanks mate. :)

I dont actually know why i sorta of 1day stopped waiting for the market to actually stop and reverse, before me cashing in or getting in.

I used to wait before when i was doing smaller money, and so was getting nearly the max out of all my sells when we were going down from the 130s,
and didnt really ever have to see over 3digits loss ever.


Its just when i started doing big money that as each 1tick is worth a normal person's etire hourly wage,
and so i didnt want to miss out on any.

If id just let the market slide and slide till it came to a stop id have made all that money that i could have from my previous trades, instead of me deciding 'ok now the market should stop so it will just have to cos the market will obey my thoughts''... lol


Ive moved stoploss to 55.06, so max loss can be £238, profit should be £598.

And at the moment its hovering at breakeven for me still which is good.
Oil does want to go up, it just needs teh dow to have a little push, abit more pullback in dollar, and oil then will be able to start its rise. :)

And when i see dow rising and dollar weaking il add another long to oil.
 
Am stopping for the day now at plus £620 for the day :) Am over the £22k mark. Will post screenshot tomorrow hopefully if I am still over the 22k, but i need to start withdrawing funds pretty soon :( Shame 'cos I love looking at a +20k account, lol
 
Quote from blackjack666:

Am stopping for the day now at plus £620 for the day :) Am over the £22k mark. Will post screenshot tomorrow hopefully if I am still over the 22k, but i need to start withdrawing funds pretty soon :( Shame 'cos I love looking at a +20k account, lol
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Welldone mate, what trades did you make??
And at what times did you make them??


Oils falling more again now as dow keeps falling.. :(
 
Quote from spanish89:

Welldone mate, what trades did you make??
And at what times did you make them??
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here is the spx trade I took this morning for 60 points profit (£280).

I made the rest on a pound/yen short trade around the time the US market opened..
 

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Quote from blackjack666:

here is the spx trade I took this morning for 60 points profit (£280).

I made the rest on a pound/yen short trade around the time the US market opened..
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You not been long on oil today then??


And can i ask like when you look at the chart in the morning, on what basis do you decide what direction to trade in??

Do you look at the weekly and monthly charts to see how far its fallen??

And what size stoplosses are you using??


Its cos we started with roughly the same amount of money at the same time (i restarted after a 2week break).

But you never ver seem to have a losing day, and even though you were traidng higher amounts than me per tick, you then had higher risk,
yet you have made about 2x the amount that i have earnt in this time, but without all the stress and panic that i have to go through each day.


SO im really really curious about how you choose what directiosn you trade in??

And how comes you never 'refuse to sell something that as fallen so much already'???
 
All done for today. Profit of £3880.91 to bring my balance to £38,886.14.

Sold all of the dow pullbacks except the last one where I wasnt at my desk though I caught 35pts of that.
 

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Quote from spanish89:

You not been long on oil today then??


And can i ask like when you look at the chart in the morning, on what basis do you decide what direction to trade in??

Do you look at the weekly and monthly charts to see how far its fallen??

And what size stoplosses are you using??


Its cos we started with roughly the same amount of money at the same time (i restarted after a 2week break).

But you never ver seem to have a losing day, and even though you were traidng higher amounts than me per tick, you then had higher risk,
yet you have made about 2x the amount that i have earnt in this time, but without all the stress and panic that i have to go through each day.


SO im really really curious about how you choose what directiosn you trade in??

And how comes you never 'refuse to sell something that as fallen so much already'???
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Is it cos I's black?
 
ARRRGHHH!!!

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


The 1 time i use a stupid tight stoploss i get it taken out, and then market rockets!!!!!!!


This is why from now on im never ever going to do what i did in that last trade and use a tghtstoploss!!!!!
 
K ive thrown down a huge £7 tick sell from average of 58.19, target set at 56.86


Stoploss is at 64 and i am not gna touch this trade now!


if it wipes me out i dont give a fuck anymore, this bad luck is just fucking sick and beyond a joke now!!!
 
Quote from spanish89:

K ive thrown down a huge £7 tick sell from average of 58.19, target set at 56.86


Stoploss is at 64 and i am not gna touch this trade now!


if it wipes me out i dont give a fuck anymore, this bad luck is just fucking sick and beyond a joke now!!!
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the only two days i've traded where i didn't give a flying fuck turned out to be profitable days
 
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