5% - 10% profit per day trading

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here now.


i was fuming about not getting that trade i called lastnight buying oil at 43.58, target 44.86/45.92

and that was at £8 per tick!! :mad:
 
welcome.

if i had a funded account, i would have made 200 pips today.. my first call which i posted here was right, i had then another 'buy' at 42.6 with exit at 43.6, which too came to pass.


sticking my neck on the line now and predicting that oil will go to 44.5

using support resistance here to make these calls.
 
i got the news instantly via ransqak taht opec cutting 4.2million...

Oil was at 42.60


I had £8 long from 42.60, added more to £9 from average of 42.68


so sooo pissed off i didnt leave my target order of 43.92 touch that id set before i even knew about the this opec cut, as i saw it spiking i nwanted 44s t 45, so canceld target.


ive put that target back in now
 
and i saved melissa by getting her to put stoploss on her trade before the inventory number, so she took teh loss at 43.30,
and then bought where i did, and got er to cash out in the mid 43s to be safe... :)
 
it should go back a few 100 pips, if not to the 44 levels.

i was not surprised by the loss in price since i think this is a counter productive measure by opec.

at the end of the day there just isnt enough world demand to hope that cutting supply will increase price.

by the way i am not trading oil yet... all my posts are part of my learning curve.
 
im juts issed off about this extremely low display from the news of starting by shouting the headline 4.2million cut!!

And then 5mins later they change that to 2.4million only, and say 4.2 was a techincal number of some other shitty excuse they gave for giving it!!


if id had known it was only 2million id have taje the trade out at 43.86 and would now be over £1000 richer and away till the new year!
Instea dof having to sit here and dela with all this shit
 
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