5% - 10% profit per day trading

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I am in process of setting up a Paltalk chat room for oil trading/day trading if anyone is interested. Just got to suss it out first.
 
Quote from blackjack666:

best day today for me ever! (both points wize and money wize!! :) )

Up over 4k on the day. Good call spanish!!


welldone mate, and thanks. :)


Ive constructed todays oil long from average fill price of 47.73, as i saw 47.66 holding strongly and trowinbg price off hard and it not retouching...


Target for this is 49.16


And i think it is very liley tahtw ill be hit based on dollar weakening, oil stronger, oil stronger leads dollar weaker....
so that cycle takes care of itself.

and dow will bounce to 8250 i think is very very likely to happen.
 
K im abit annoyed, as i made trade, about 45seconds later iit showed i had earnt £108 profit, so i though wow great, im 19years old sitting my flat in my boxers drinking rose champagne and making £100+ in seconds for breakfast!! :)

And everyone in skl said i would fail... :D



So i wanted to cash in at the top of the spke to lock in that £100,
however i looked and i only actually got £60 from it!!! :( :( :(

cos stupid spread cost me £72!! :mad: :mad:



Got my long back in at fill price only 2ticks above where i had got filled out, so only lost £12 there.., but this is annoying me, as theres no way im gna do a repeat of yesterdays missed money!! :mad: :mad:
 
Nicely done mate! ;)


Heres what i see for today.... (chart)


And 30mins ago when dow was at 8150 and falling and i said it wa sgna bounce from then to 8250...

its now breaking the 8200 already

:D
 

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Ooooh i misse dthat oil spike up to the 4813 reistance that i had been hoing fo as i was washing my cup!


stupid cleaner that i hired was meant to hahve come and dine it yesterday!! :mad: :mad:


But as oil pulled back from that spike to where i entered from i took the opportunity to add 2 more longs so now £8 long.


And target is needing oil to touch 48.92, so quite a stretch as it will need to break 3 reistance levels to get to it.


And dow just spiked down 50points in a few seconds and thats worrying me incase oil follows...
 
K im feeling hapier cos oil is still trending up, and so that means that dow crash + oil staying, so dow staying = oil rising.

dow rising = oil really rising!! :)



Ive also drawn the intraday trend channels, and so you cna see oil has jumped into a higer channel.

and if it can stay in that channle il make my £800 for the day
 

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Ooooh its just jumped channel as dow spiked.


now just got to hope it will consolidate in this new higehr channel again..


Im so soo tempted to have taken it when it was £266 profit (would have been just over £200 after spread).

Bu i managed to come on here instead so kept holding trade..
 

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