5% - 10% profit per day trading

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Quote from spanish89:

next suport is 47.26 / 39


but i want 48.62 before id be willing to consider a sell.
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We're obviously living through exceptional times, where asset and commodity prices are showing huge daily volatility. Have you thought about how your strategy will work when, as in time it will do, things settle back to a more normalised level of vol?
 
Quote from spanish89:

And never ever commit to trades on wedneday mornings before the inventory numbers.
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Yeah this true, but I can't trade today, I'll be at database training class all day. Need to make some money early and leave.
 
i put £1 sell in from 48.26 as an anchor trade.

Rest id need higher before id be willing to sell.



And when its more 'normal' if oil ever does become dull n slow again, il still eb able to use my stratergy as it excels in intra-day / week range trading.

so if we have weeks of rnages of 10dollars liek we did in december il be able to have another month like december and make 8k+ again hopefully :)
 
Quote from lemeeeplay:

I have put the exit @ 47.5
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I usually to wait for big profit one short , but burnt badly missing multiple times last week.
so took 50 cent profit/contract and next profit 60 cents with entry 48.20 exit 47.60 ...
 
Quote from InvestVision:

I usually to wait for big profit one short , but burnt badly missing multiple times last week.
so took 50 cent profit/contract and next profit 60 cents with entry 48.20 exit 47.60 ...
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Yeah thats actually smart. The thing is though, I just had a good long trade in EURO and exited with $200 profit, but after i exited, it went further up by 80 pips :(
 
My target is 44.62 :)


(Il show why from daily chart)


but am not willing to put all £8 sells in yet as untill the russian gas is sorted oil isnt gna fall
 
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