5% - 10% profit per day trading

[usman88]

bought 4090 sold 4139

 

[spanish89]

nicely done guys..


can i just ask you usman when you got in that trade what was te target you were looking for it to bounce to??


cos i didnt take it cos i saw it going to 41.06 at best.

 

[usman88]

Quote from usman88:

bought 4090 sold 4139

heres my entry and exit.....i was looking to hold it long term but it just shot up and i exited at the available rate

 

[spanish89]

how are you so certain that you think we arent gna go down and restest the lows again though mate??


cosi i just cant now commit to be bullish on oil while the mood in the environment is how it is

 

[usman88]

Quote from spanish89:

how are you so certain that you think we arent gna go down and restest the lows again though mate??


cosi i just cant now commit to be bullish on oil while the mood in the environment is how it is

past experience
blew my account back when oil dropped from 100+ to 86 and I knew fundamentals pointed to $60. Went short and lost alot of money but got MUCH MUCH needed insight about how big market players play. We are currently in the same scenario. I cant explain it to you but at these rates I am simply not comfortable going short. It does not means I wont but If I will, It will be a very calculated entry

 

[lemeeeplay]

went long 1 QM contract @ 41.45

 

[spanish89]

k i wana see this thing break up through the days high and go to 42.86 t 43.26

 

[lemeeeplay]

I am trading oil today by watching ES,

Lets see if ES rallies on, its has put a small bottom here, though it could reverse quick

 

[S2Trader]

Quote from lemeeeplay:

I am trading oil today by watching ES,

Lets see if ES rallies on, its has put a small bottom here, though it could reverse quick

Im watching ES too,, Got afew points on the drop earlier but should have kept holding....

 

[lemeeeplay]

Yeah, its starting to stall now.

I've pulled up my stop to break-even at 41.45