5% - 10% profit per day trading

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I missed this spike despite a valid half-position set-up.

I pulled a sickie today and was hoping for a great trading day but its been very mixed.

What short the break out of the Dow but covered to early for a £400 gain when it would have been sitting at £1500 now.

Oil, I was too conservative all day and missed the big move down and the latest spike despite having weak set-ups. Could have easily been £3k there.

Well tomorrow is always another day.
 
Quote from usman88:

you wont see much activity now untill UK opens after 12 hours. Open position now will only invite tension
Best of luck still
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Yeah that true. i am hoping for a quick bounce back, if I dont see it i next 15-30 min, I am closing position
 
Got out at break even 37.35

The market looks tired after that big spike and its late in the day, so there is no point in trading right now.

I am going to stop for the day
 
just took 70 pips on a spx short there. Can post screenshot if required

Up nearly 2k again today.

To the guy who mentioned losing days, I have some, but not many, lol.

And Porph, yes I wouild usually have lines on my charts, but i usually delete them when i post my screenshots.
 
Quote from spanish89:

I feel so soo sick and dizzy!!! :'(


I had over £500, if id been greedy and taken risk of holding id have had over £1,500 profit...

instead i end teh day now down to just £166!!!!! :'(



Because of this i have decided that i am going to take that £16,000 loan and put that in my account and keep it as my capital.

Since after all the shit that happend over teh last 3weeks, and then now this i just cant keep on working so soo fucking hard and so much stress to endup with nothing simply cos of twisted bad luck!!! :mad: :mad:
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are u sure u can get a 16k loan..seems hard these days
 
yesloans give you it.


Im always honest on here no matter how it makes me look,
and so part of me is feeling like less manly and lower for crying so much all evening till now when ive finanly managed to stop puking and crying. :(


But that £1,500, i didnt just ''want it''.

i really seriously needed it.


It was over 35% profit on my capital, and money that i extremely need to be able to keep going.

if i get into just 1 bad trade tomorrow now it will wie me out completely. :(


Any bad trade today would have wiped me out and left me on teh streets, but i went through all that hard work and stress and all for nothing simply cos of badluck and lack of greed!!


:( :(
 
"..Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms - greed for life, for money, for love, knowledge - has marked the upward surge of mankind, and greed - you mark my words.."
 
no such thing as bad luck, fannish, just bad risk management.

if you work with a 1 tick target and a 100 tick stop, you might win 100 times, but the 1 time your stop gets hit, guess what you get left with? :D

anyway, I reckon you should put a Rio trade on now, sorry, i mean, a fannish trade... bung your maximum size on and then come back in a couple of days and let us know if you're back in the game with a holiday to spain as a bonus, or if you need to now take the specials up on their offer?

If the crim search is a problem, there's always maccies or the post office?
 
i didnt have a 1:100 ratio! lol


my target was set at 37.26

would have been a very nice exit and id have been left with over £1000 profit for the day.



I guess im just going to have to start drinking alot more during the days again.

That keeps me out of reality enough when i have enough bottles of wine and white rum, and so i only get in t perfect entries and dont then get cautious every if i keep on keeping myself drunk enough... :(
 
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