5% - 10% profit per day trading

Status
Not open for further replies.
Quote from The Trojan:

No no, it's not a chat-up line.

You said in one of your previous posts that you use your eyes to trade. If they can pick out good trades - I want them.

How much? I make nice offer
More...



And you dont need 'my eyes' mate... lol :D

Your eyes are probably even better than mine, as you dont drink heavily from the morning onwards each day.


It really does just come with the time and experience sent infront of the screen that you dont only are able to very easily see easy trades,
but also actually have the confidence to take those trades without hesitation.


And the 2nd thing is the more important thing.

Since i bet that you are able to see quite a few market moves taht are about to happen, but you dont take them through lack of confidence.


But if you do spend all day everyday doing this for atleast 6months then you should gain substantially more confidence mate.. :)

I know it sounds stupid and not true that 'time will bring everything', but it honestly does just work that way.
You dont ever actually realise though as your gaining more n more everyday, so theres not 1day when you wakeup and then are a master trader... lol

It just is the buildup of all the experience, since even if you do crap for tose 6months you will have thenb gained loads of exerience about what doenst work, so you will know what 'not to do'.
And no matter what happens you cant ever ''lose experience'', no matter what else you lose.



For example when i started i only would do £1 t £2 per tick when i had £5,000 capital.
I then wud only go in max at £6 er tick even when i had £10k capital.

Cos i withdraw so much so often my caital stays very low, but now i started doing £8 t £11 per tick from just £5,000 capital,
and yet didnt feel any sort of stress or anything about that oncrease in size, as as you gain experience you do honestly gain confidence mate.. :)
 
hello mate. Trying to stay away from this place! lol

Got back from Spain this afternoon and have Made £1050 since getting back!! :) Im almost annoyed I didn't start trading years ago...I would be so rich by now :( lol. Account is nearly at £50k now! Im gonna buy so many cool presents for people for Christmas, i cant wait!!
 
I didn’t trade the CL today. I had several bad trades in EUR and decided to call it a day.

Looks like crude has broken out of the short-term down trend and closed above the 50 sma. I am planning on day trading this on the long side for the next couple days.
 

Attachments

Quote from lemeeeplay:

I didn’t trade the CL today. I had several bad trades in EUR and decided to call it a day.

Looks like crude has broken out of the short-term down trend and closed above the 50 sma. I am planning on day trading this on the long side for the next couple days.
More...


Aloha and soz to hear about your losses.

Im not trading today as wanted a day off, + the market isnt gna be very juciy for getting any solid longs in today.


While i do agree that oil is gna go back up, especialy with the oec cut coming, n im gna make sure im very heravily long before the rise for the expectation of that comes and gets priced in.. :cool: lol


Ive attached a chart to show wgy i wouldnt go long on oil till it atleast tests, consolidates and holds the 42.86 level.. (once the dow has pulled back atleast a few hundred points)

Since you can see (where i circled) what happend each time oil barley managed to get past the 44.26 level, and how mcuh it fell down befre restesting and not holding again.


Thats why yesterdya afternoon i called sell oil at 43.82 with target 43.16 t 42.96, since i could see oil was gna have to come down,
esecially when the dow has its pullback.


Goodluck today everyone though.. :)
 

Attachments

Can I borrow your eyes if you're not using them today?

I thought about what you said and I did my first trade. I bought some live cattle. I figured with xmas coming up people are going to start eating more beef, also people are always hungry so if there's a recession people will still eat food. Also with that pork problem in Ireland I think sales in cattle will be going up. I also noticed the sun was shining which is good for the grass which will help the cattle get bigger/stronger and be worth more.

What do you think? I hope i'm right on my analysis as I took a big trade to be successful like you.
 
Quote from The Trojan:

Can I borrow your eyes if you're not using them today?

I thought about what you said and I did my first trade. I bought some live cattle. I figured with xmas coming up people are going to start eating more beef, also people are always hungry so if there's a recession people will still eat food. Also with that pork problem in Ireland I think sales in cattle will be going up. I also noticed the sun was shining which is good for the grass which will help the cattle get bigger/stronger and be worth more.

What do you think? I hope i'm right on my analysis as I took a big trade to be successful like you.
More...

LOL, gone fishing..
 
Boone Pickens just said that Opec will push Oil back to $100.

That should be enough to see it shit out to $42.50 or lower over the next few hours.
 
got out with +40 ticks

I still think we have a short-term bottom since we broke out of the down trend with an inverted head and shoulder, but the 50sma wouldn't hold which is not a good sign.
 

Attachments

Status
Not open for further replies.
Back
Top