5% - 10% profit per day trading
- Thread starter spanish89
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I won't quote the whole post but will this bit
And the most saddening thing is that these people NEVER EVER EVER, NOT EVEN ONCE actually post their live calls in advance or come on here and tell other people what are the key levels to watch,
so they dont give any pyshical help to anyone at all.
I know I've only been on here a few days and haven't exactly had enormous wins
but the 3 trades I've done have been called live with my reasoning for the trade too.
I'm not taking offence but that needed to be cleared up lol
I couldn't do your size spanish with that amount of capital but if thats the way you've always done it with success then Kudos to you.
lets all learn together
And the most saddening thing is that these people NEVER EVER EVER, NOT EVEN ONCE actually post their live calls in advance or come on here and tell other people what are the key levels to watch,
so they dont give any pyshical help to anyone at all.
I know I've only been on here a few days and haven't exactly had enormous wins
but the 3 trades I've done have been called live with my reasoning for the trade too.I'm not taking offence but that needed to be cleared up lol
I couldn't do your size spanish with that amount of capital but if thats the way you've always done it with success then Kudos to you.
lets all learn together
Good call!
yeah i went long too @ 42.65
keeping a .50 stop
keeping a .50 stop
Spanish,
I think your biggest problem is you're under-capitalised. This loan may help but it would increase the pressure.
You are under an extra-ordinary amount of pressure for your trades to work ; you should focus on reducing this. Why don't you reduce your size and look to make £200 a day rather than £1000 a day. You could also cut your living expenses i.e. no white rum for breakfast and you could consider also downsizing your flat etc. You could also get a part-time job to help cover your essential costs.
Personnally, I could never do what you do. I never risk more than 2% of my total cash, typical plays will be 0.5% or less, and I have a job so while taking a loss is annoying it does not kill me. If your account is what 5k now? Keep you maximim risk to £250 or 5% of your account. If your style needs large stoplosses maybe you need to revise your style. Your multiple sloping S/R levels seems pretty crazy to me to be honest.
I am sure you will make it the end. You just need to avoid getting too worked up.
I think your biggest problem is you're under-capitalised. This loan may help but it would increase the pressure.
You are under an extra-ordinary amount of pressure for your trades to work ; you should focus on reducing this. Why don't you reduce your size and look to make £200 a day rather than £1000 a day. You could also cut your living expenses i.e. no white rum for breakfast and you could consider also downsizing your flat etc. You could also get a part-time job to help cover your essential costs.
Personnally, I could never do what you do. I never risk more than 2% of my total cash, typical plays will be 0.5% or less, and I have a job so while taking a loss is annoying it does not kill me. If your account is what 5k now? Keep you maximim risk to £250 or 5% of your account. If your style needs large stoplosses maybe you need to revise your style. Your multiple sloping S/R levels seems pretty crazy to me to be honest.
I am sure you will make it the end. You just need to avoid getting too worked up.
damn that was quick. I am still holding.
I am watching the stock market to see if it bottoms, cuz if does, then oil could start a big rally
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