5% - 10% profit per day trading

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Ibrahimov, welcome aboard!

Okay, looks like we are finally moving down. If this trade works for me, I am going to start trading with $1 stops, instead of .50. CL is just too damn crazy and .50 just doesn't cut it.
 
lol yeah, did guys hear his old's interview over the weekend? He was pitching his other son Jeb for the Whitehouse? damn, the US is turning into a monarchy.
 
hello there guys nice to meet you all,

alex

no worries beta i completely understand i was sweating buckets today myself
lets hope for a better day tomorrow
 
k well trend has changed.. :)

(i attache chart to show it)


1st target is gan be cashing all £8 sell sin at 46.46, so just over £400 profit.

then gna maybe resell the bounce with target 45.26


but i dont know if i wnat to hold overnight again
 

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Quote from spanish89:

k well trend has changed.. :)

(i attache chart to show it)


1st target is gan be cashing all £8 sell sin at 46.46, so just over £400 profit.

then gna maybe resell the bounce with target 45.26


but i dont know if i wnat to hold overnight again
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dude i dont want to sound like the annoying newbie but what exactly are u trading daily or futures and its nymex not brent right?

u reckon it will drop to 45.26

can anyone explain what it means by bounce

:confused:

thanks and sorry
 
Quote from nice_invest:

dude i dont want to sound like the annoying newbie but what exactly are u trading daily or futures and its nymex not brent right?

u reckon it will drop to 45.26

can anyone explain what it means by bounce

:confused:

thanks and sorry
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lol dont worry about ''sounding like a newbie'' mate,
ive spent the entire day teaching other new traders on msn and helping tehm all end the day with some extra cash.. :)

Im trading nymex crude, not brent.

So prices will be different, but moves happen at same time.



And bounce means-

When you see the market go very steeply in 1direction it goes in that direction, but then it 'pulls back / bounces back' in the other direction.


Basically just tink of the market as a rubber band.

everytime you pull it, it snaps back.


So everytime market gets pulled too far in 1drection it snaps back.
 
Quote from nice_invest:

ohh i see thanks a lot man
so ur going to short nymex ? what platform u using mate?

igindex? or etxcapital
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i trade through etx, but use ig's charts.

And yeah im holding a very big short on oil,
but not liking this at all!! :mad: :mad:


When it was under 46 for that 1hour it struggled so soo much to rise above 46.

made about 10 attempts before it could rise above 46.


but now its in the mid 47s at a more expersnive price everyone wants to be buying it... :eek: :mad:


tahst why i hate trend chaser traders!! :mad: :mad:
 
Quote from lemeeeplay:

wow, what a day, I got stopped out @ 48.15. That second short was a stupid idea. Now i am down -$1100
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i lost all that i made today. however i clawed back enough to make sure my original capital is still intact plus some.
 
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