My exit hit @ 46.50
I am out with $1495 profit
Now I need to make sure I don't piss this away in some stupid ES trade lol
I am out with $1495 profit
Now I need to make sure I don't piss this away in some stupid ES trade lol
5% - 10% profit per day trading
- Thread starter spanish89
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GRRRRRRRRRRRRRR!!!!!!!!!!!
IM SO FUCKING ANGRY COS IN TEH LAST FEW MINUTES I PUT MY BUY IN AT 43.58!!!!!
tARGET 45.26
I DIDNT FUCKING NOTICE HOWER TILL TEH LAST 1SECOND THAT THE STUPID SB FIRM HAD PUT ME TRHOUGH VITRUAL ACCOUNT!!!!!!!!!!
AND THE MARKET CLOSED TAHTS ECOND SO I COULDNT PUT IT IN TRHOUGH MY REAL ACCOUNT!!!!!!
SO NOW IVE MISSED OUT ON OVER £1,500 COS OF THIS!!!!!!!!!!!
IM SO FUCKING ANGRY COS IN TEH LAST FEW MINUTES I PUT MY BUY IN AT 43.58!!!!!
tARGET 45.26
I DIDNT FUCKING NOTICE HOWER TILL TEH LAST 1SECOND THAT THE STUPID SB FIRM HAD PUT ME TRHOUGH VITRUAL ACCOUNT!!!!!!!!!!
AND THE MARKET CLOSED TAHTS ECOND SO I COULDNT PUT IT IN TRHOUGH MY REAL ACCOUNT!!!!!!
SO NOW IVE MISSED OUT ON OVER £1,500 COS OF THIS!!!!!!!!!!!
spanish,
i can see the entries.. i mean the logic of your entries.
on what basis do you come up with the exits?
i can see the entries.. i mean the logic of your entries.
on what basis do you come up with the exits?
Aloha mate, exits are really just however much you want to hodl it for.
If you can put in a tight stoploss and use it by moving it constantly to keep locking in profit, then you could just keep scaling up as far as trend goes.
I personally always choose mt exit before i enter the trade, the exit is just how far i think it will easily bouce/rebound.
(often at strong S&R levels)
K im now just so soo much hoping tht oil opens at 7am tomorrow under 44!! 
I know its extremely unlikely it will seeing as dow rocketed nearly 400, dollar weakest in months and at the level where oil was last at $90s!!
+opec cut coming, interest rate cut came...
But im just so sooo much hoping that my last call to buy around the 43.60 area doesnt go through and and me missing out on it turns out to not be extremely badluck but just mildly bad to even maybe goodluck.
I know its extremely unlikely it will seeing as dow rocketed nearly 400, dollar weakest in months and at the level where oil was last at $90s!!
+opec cut coming, interest rate cut came...
But im just so sooo much hoping that my last call to buy around the 43.60 area doesnt go through and and me missing out on it turns out to not be extremely badluck but just mildly bad to even maybe goodluck.
Dont have the cash in my bank to upload to there to make the trade.
Ive been withdrawing a few thouand quid per month from my trading account, but thats cos i need all that money for stuff.
Dont have spare money just kicking about in my bank.
Only have £300 in my bank, cos sent £89 on a palm tree for my flat earlier.
And it looks like today wasnt the day that id forget how to see easy moves though,
as lastime i looked baout 2hours ago amarket had rocketed up to the mid 44s!!!
This is fucking priceless and why I love this journal.
Good spend!
Yesterday I bought a 6ft Christmas tree for my front room and a 37" LCD LG TV with stand and playstation 3.
All paid for by Oil and the Dow in the last week.
Quote from The Trojan:
I love porph, leave my man alone!
Porph - you buying live cattle, my call is great; i'm really getting good at this stuff.
Hold on. Read the thread i am talking about. here is the snippetfor you below.
I am not trying to do anything to your porph. It just porph of T2W and Elitetrader and time seems to lack cosistent. Over here he seems friendly to spanish and over there not very friendly. But that may be my mistake in reading the situation.
Those are direct quote. you can read yourself over there.
porph
Senior Member
Join Date: Jun 2008
Posts: 186
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Quote:
Originally Posted by UKtradergirl
i haven't seen advfntrader's posts. That is really sad. And precisely why idiots like Spanish89, etc shouldn't be encouraged.
I wouldn't be sad, the guy has had plenty of advice, pretends to have got wise then just GAMBLES it all away again. Too THICK to trade IMO.
porph
Senior Member
Join Date: Jun 2008
Posts: 186
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Hi, yes that is me. I've noticed a lot of newbie traders picking that thread up with some horrible ideas about stop losses in particular. The 'strategy' seems to be, guess the direction, though not much thought is put into that, something along the lines of 'its fallen 500pts in the last couple of days so its bound to go up'. Then open the trade. Their confusion then comes as they dont know how wide to have their stop loss so that it isnt hit before the trade (might) go into profit....
There seems to be virtually no discussion on setups. I'd like to give the odd pointer but honestly, I dont really care if they blow up their accounts and I wont pretend to. I think if im honest I even smile a little at their misfortune and bizarre desire to call themselves 'traders' to justify throwing lots of money at something for which they have done no preperation and is effectively the same as thowing at the bookies, minus any sporting excitement.
http://www.trade2win.com/boards/general-trading-chat/41616-spanish89-7.html
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