LOL!
"Cheers for this, Spanish!"
haha....that's funny.
"Cheers for this, Spanish!"
haha....that's funny.
5% - 10% profit per day trading
- Thread starter spanish89
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lol
It may sound funny mate but im being serious about this!!!
I dont know who the fuck these stupid trend chasers think i am!!
trying to use me like im the fucking fed and gna bail them out with my cash!!
Or that im just gna let them come along, drag the market down n fleece me out of my money..., and that im then just gna sit back and say ''oh you naughty boys. golly your so cheeky making me lose my money like that.. Gee you little scamps'' !!!! :eek: :eek:
It may sound funny mate but im being serious about this!!!
I dont know who the fuck these stupid trend chasers think i am!!
trying to use me like im the fucking fed and gna bail them out with my cash!!
Or that im just gna let them come along, drag the market down n fleece me out of my money..., and that im then just gna sit back and say ''oh you naughty boys. golly your so cheeky making me lose my money like that.. Gee you little scamps'' !!!! :eek: :eek:
Quote from spanish89:
lol
It may sound funny mate but im being serious about this!!!
I dont know who the fuck these stupid trend chasers think i am!!
trying to use me like im the fucking fed and gna bail them out with my cash!!
Or that im just gna let them come along, drag the market down n fleece me out of my money..., and that im then just gna sit back and say ''oh you naughty boys. golly your so cheeky making me lose my money like that.. Gee you little scamps'' !!!! :eek: :eek:
I know you're half joking but be careful with viewing the market as an opponent. You are nothing to the market - a grain of sand in a desert. You trade an amount equivalent to 2 contracts out of 300-600k per day. You should not be thinking in terms of fighting or competing with the market - it will crush you.
No mate, the market is only as big as you allow it to be.
You can choose to make yourself bigger than the market by simply being patient and then attacking it when its at its weakest.
Oil is only going to go so far in a certain move in the day before it pullbacks back, as people will always be wanting to lock in profit while others want to try countering the move too early.
So just because i finally see it has exhausted its move, formed a to formation and is under strong resistance and so get my sell in there,
it doesnt mean that the market is then going to sunddenly manage to spike $10s against me just to 'get me' or anything like that.... lol
While other traders in the market may have more money given to them than me and so be able to trade more contracts than me,
if you get your sell in near the top or the intraday range just before it falls than you are the 1 who was 'bigger than the market' and so crushed it.
lol
I know that my trades dont 'move the market'.
Im not trying to control the market movements though, just want to be able to attack it and cash in from it when its over stretched itself and then is at its weakest..
Although most the people in this forum trade better than morgan n stanley n other banks do,
since they have enough money to move and control the market price,
yet they are all this losing billions of quid each year!! lol
When the people on here simply have to trade off the reactions to the trades they make,
yet still thrash the market monthly.
Banks lost the majority of their money through CDSs and CDOs due to orginally, poor lending criteria to businesses and individuals.
If every trade goes against you this week and next, you may be pennyless however the banks and funds in most cases have rules and risk management to protect from such events. Of course these limit % returns, but when you start with 100million, you only need to make 20% to make 20million.
Of course there have been rogue events such as at soc gen and the Madoff pyramid scandal but on the whole, what a lot of the traders at banks and funds are doing is far more complex with a much more sophisticated view on risk and not just - I think its going up and this line matches that line so yeh I'm buying. Not that I'm saying that is anybody's strategy but you get what I mean.
Either way, you ain't comparing apples with apples.
If every trade goes against you this week and next, you may be pennyless however the banks and funds in most cases have rules and risk management to protect from such events. Of course these limit % returns, but when you start with 100million, you only need to make 20% to make 20million.
Of course there have been rogue events such as at soc gen and the Madoff pyramid scandal but on the whole, what a lot of the traders at banks and funds are doing is far more complex with a much more sophisticated view on risk and not just - I think its going up and this line matches that line so yeh I'm buying. Not that I'm saying that is anybody's strategy but you get what I mean.
Either way, you ain't comparing apples with apples.
lol
Well after last week and then this week ive had enough of financing other peoples happiness and lives!!
From tomorrow im gna hopefull be able to once again do what i did in those 1st week weeks of december contact..., and then can let others pay for to me go off on a nice holiday.
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