5% - 10% profit per day trading

[spanish89]

K ive done some extremely nice tight numble scalping, which has been extremely hard n annoying cos as ive increased size to the £10 n £11s, the spread cost is really being felt. lol

Ive made £1,218 so for today though, and now holding the long for a 44.23 touch.



P.S i have taken 1 loss today....

Today's closed trades (Full Trade History)
Contract Order # Date/Time Buy/Sell £/tic Tic Size Price Profit/Loss
[+]Nymex Crude Oil - Jan Daily Fut

Nymex Crude Oil - Jan Daily Fut 6297726 08/12/2008 10:00 Buy 1 0.01 43.18 £20.00
Nymex Crude Oil - Jan Daily Fut 6297844 08/12/2008 10:19 Buy 1 0.01 43.15 £15.00

NymexCrude Jan Fut - 22 Dec, 08
NymexCrude Jan Fut - 22 Dec, 08 6296681 08/12/2008 07:08 Sell 6 0.01 43.19 £744.00

NymexCrude Jan Fut - 22 Dec, 08 6296681 08/12/2008 07:08 Sell 2 0.01 43.19 £252.00

NymexCrude Jan Fut - 22 Dec, 08 6296681 08/12/2008 07:08 Sell 1 0.01 43.19 £153.00

NymexCrude Jan Fut - 22 Dec, 08 6297466 08/12/2008 09:21 Sell 9 0.01 43.30 £-36.00

NymexCrude Jan Fut - 22 Dec, 08 6297466 08/12/2008 09:21 Sell 2 0.01 43.30 £80.00

NymexCrude Jan Fut - 22 Dec, 08 6297773 08/12/2008 10:07 Sell 10 0.01 43.26 £0.00

 

[lemeeeplay]

Good thread, keep it up!

 

[spanish89]

Quote from lemeeeplay:

Good thread, keep it up!

Aloha and thanks mate..

You been trading today??
And what markets you trade?

 

[lemeeeplay]

I trade everything in my position account, but for day trading, I tend to stick to currencies (EUR, JPY) and bond futures (ZB, ZN). I'll be trading crude this month though.

I am about to hit the bed now, but will trade in the morning. (I am on the west coast USA)

Laters!

 

[spanish89]

ahh goodluck mate..


And just for an update of how the lines are holding up today ive attached a screenshot.


(Btw the lines there were all drawn back in early last week.
I havent like been adding on new lines to 'curve fit' the market or anything like that...!) lol

They were all drawn from the 30mins n 1hour charts only, and this is just were they went across what was 'blank screen' back then...


Oils just boucned back over $43 btw..

 

[spanish89]

Dow is trying to do a head n shoulders at this reistance level now (8826).

if it can hold though we could very likely get 8962!!

 

[spanish89]

Quote from 1 in 100:

hey spanish I've been to almost every thread saying things like the great unwashed

so its only fair I come here as well


Oh The Great Unwashed Here

lol

Aloha mate, thanks for the company i guess, as i was feeling slightly lonely.


What does that mean though, the great unwashed??


Maybe you are addressing me as ''The great''??

 

[The Trojan]

Hi Spanish,

I see how good and experienced you are.

How much do you charge for lessons to be able to trade like you?

 

[spanish89]

Quote from The Trojan:

Hi Spanish,

I see how good and experienced you are.

How much do you charge for lessons to be able to trade like you?

Aloha and thanks mate..

I dont charge people though, i come and post on here to help people for free...


Im happy to answer any specific questions you have though mate...??

 

[spanish89]

I was extremely fucked off, as i pulled my trade as market hit 43.44, target was 43.92, and i was going to pull the trade if it could make it to .66 though.....

But i bailed it as saw it struggling at .44, got shit fill even on that as id clicked when it showed me being filled out at .46 (NOT THE .38 that i got!!)

They sound very little, but cos this trade was at £10 per tick it was fucking me off!!


Market then got strength and rockted through my targets,
i set a sell target to trigger from .88, market touched .87 and dropped... :/

I then sold at barely .73 and market rose over $44, which was really fucking me off then as not only did i miss taht on long, but now missing it as short profit!!!



I held the trade though, added £2 from a spike to make it an £11, and i pulled it at the lowest touch at 43.48...

So made abit as compensation for missing on the long. (£230 after spread).



Im out for the day now, gna wait till next low spike before going long again.


But have made a total profit today of £1,898.

So that now £6,656 profit since my restart 2weeks ago with under 4k.



And im feeling quite happy now as i looked in my bank and over the last 3weeks ive withdrawn a total of £1,568 from my trading account to bank.


And so am very pleased that i have managed to get that much out into cash, and still keep earning at that level.