5% - 10% profit per day trading

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Last week was tough to trade, I had 3 losers from 5 trades.

This week is looking a little better, I went long at $42.64 earlier it tried to take $43 failed and I got out for +.12

Not huge lol but not a loss
 
how much you up for the day mate??

cos i was worried that you may have gone long near the top of that spike earlier hoping for a breakout...


Ive counted and im up £384 for the day. :)

(This is the lowest amount ive made on a day where i ended in profit for about 3months now,
but im still happy to just have been able to get out alive) lol



i know apart from my 2nd (middle trade) the other 2 were quite poor trades, but form tomorrow im not gna rush into any trades, so i cant take all my trades from near the top of the reversal,
and am going to try holding trades slightly longer.


*Cos ive just heard through ransquawk that oil is now at 40.62!! :eek: :eek: :( :(


and while i didnt mind much missing that £400 extra, missing nearly £900 by a few mins, after holding for so many hours is starting to hurt and demoralise. :(
 
Quote from clunk:

Last week was tough to trade, I had 3 losers from 5 trades.

This week is looking a little better, I went long at $42.64 earlier it tried to take $43 failed and I got out for +.12

Not huge lol but not a loss


aloha mate, what sorta market movements do you like to trade??


And its still good that you got those 12ticks, since now some sap out there is 12ticks less well off!! :p :cool:
 
Quote from usman88:

the second eclipse shows my exit. I first had my limit at 4295 but it wasnt showing any strenght. Was unable to beat the high of first eclipse. Moreover it wasnt looking to break 4300. How I knew that? Well thats some thing which comes from watching market for 10s of hours daily. I knew it and got out at 89 since there were around 50 sell orders at 90.

I like those charts. I'm not a fan of IB charting tools. How much do you pay for Ninja trader?
 
Quote from MJUK:

I like those charts. I'm not a fan of IB charting tools. How much do you pay for Ninja trader?

I am currently using Strategyrunner. This ninjatrader is a live demo. I use it for charts and the ability to quickly take images and send them.
I like the software and probably I would soon get one or shift to a broker which uses ninjatrader
 
I wasn't aware of that.

EDIT: just pulled my finger out and checked it out -

Key Highlights

· Free end to end trading platform
· Save hundreds $$$ per month
· Fully functional


· Futures, forex and equities
· Free data feed options
· Free educational services

I'll give it a whirl.
 
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