5% - 10% profit per day trading

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K im feeling very pleased now since i didnt fuck around or faff around trying to wait out till my.86 target got hit,
i instead sold £3 tick as oil rose to 53.39 (about 4mins after being down at 52.65, but tehn started its bounce near vertical spike).

And then sold the 2nd £3 half at 53.63 (2ticks of the top of the spike!!) :D :p


Now 1minute later oils down at 52.21 and crashing!! :)



And im holding £8 sell, all very safe trades, and target is for oil to hit 51.82
 
Ooooooooh its formed a very steep hangman formation, and if the 53.28 level holds this trade is going to be incredible!! :D


Ive attached pic to show where i see the hangman formation....
 

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And for the guy who messages me asking how i determine my exact exit levels so precisely always ive attached at chart to show you and anyone else (if tehre is anyone else out there hwo reads my journal)... lol :)


I basiscally like to use the longterm charts, draw the upper level down trend and lower level down trend channel, then do the same for the uptrend channel, and the places that they cross are the big important levels that you need to care about.. :)


Such as for this market now itl be 52.69, 52.26, 51.86, 51.26
 

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you are a bit emotional for a trader aren't you?

How you doing these days?

It's very stressful what you are doing. Why not get a job at Woollies or MFI?
 
P.S Im hapy i got the hangman correct, and oil crashed down 60ticks to $53 in the last few mins. :)


Its tried to bounce now which was expected and bonced at a good level to keep the downtrend channel,
and the next resistance level we need to hold is the 53.19/26 level.
 
Quote from chipmunk:

you are a bit emotional for a trader aren't you?

How you doing these days?

It's very stressful what you are doing. Why not get a job at Woollies or MFI?
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LOL

I worked there for a week and look what i did to them!! :D :cool:


And nah i wouldn't say im over-emotional.

if your not emotional as atrader than your doing a very crappy shit job though as you are nowhere near to pushing yourself as hard as you should.


It is extremely stressful, and i dont likee risk or stress at all.

But i love earning a thousand t few thousand quid per week, when starting from traidng account of just 4 t 5k!! :) :)


And it may look scary and stressful how i trade, but the only actual reason i feel stress is cos the fact that if i lost my capital or even jjust failed to earn over £1,000 profit per month id be homeless.

The actual trades i make i know exactly what im doing, and so dont feel scared. :)
 
This dow rise is now just looking ridiculous!!! LOL


Im watching it and it looks like sorta of really nerdy goofy neeky poncy toff trying to act like he fits in with wolrd class sprinters and on a track with them in a race...,
and they have all rushed ahead hugely, yet he keeps on on but flailing and struggling to breathe and you can see that hes so sooo close to just collapsing, but you keep watching him squirm crawl along!! lol



Ahhhhhh i cant wait till this fucking dow crashes and burns again!! :D :p
 
Ooooooooh ooooo the slaughter is starting on the dow!! :D :p

I thought it would atleast have th energy to tap on the 8716 level before teh slaughter starts, but guess it couldnt even make those 12points extra even... lol
 
Quote from spanish89:



How much you made yesterday jakker??
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Hi mate. I dont pop in here as much any more. Quickly catching up on recent posts.

Yesterday I made £1033. Haven't traded today yet. Not sure I will bother in fact. Honestly dont even need the money, lol. Would rather do something else than stare at the screen. As long as I hit my next big target of 40k by christmas iill be happy enough....
 
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