5% - 10% profit per day trading

Status
Not open for further replies.
Quote from clunk:

I hope you took profits...it's at $44 now!



I know... :( :(


But when i saw how far and hard it got slashed the last 3times it went to to 42 during the day,
getting thrown back down to under 41..,

i didnt want to again regret not waiting for my target and have cashed in too early. :(



im holding it overnight now
 
wow, looks like CL had shot up since the last time I checked this morning. Closing above 42.5 definitely confirms that we are now in an uptrend on the hourly charts.


On another note, it's been a lousy day at work for me today. I just learned that my company might be having layoffs this week and all the managers are in a big meeting right now discussing it. I hope I don't get cut, because the economy sucks right now and its going to be very hard finding another job. If I get cut, I would have to start trading more seriously and do this full-time and try to make a living from it. But that’s going to be stressful as hell and I am not sure if I ready for it.

What a day! I can't wait to get home to drink and play some counter strike so I can stop thinking about this.

How did everyone do today? I know usman was doing good this morning. What about you Spanish?
 
Aloha mate i took the trade selling from 42.86 like id aited so soo patiently for all day,
as i thought it woas too risky selling any lower than that. :(

(those somehow endedup being the sells with over $1.5 crashes each time though)


My trade went down to the 1st 42.26 level, but my target was 41.86


then it just rocketed up, and so i got caught out and now have to hold the stupid thing overnight.



Its pulledback down to 43.60, but then bounced.

(i would fucking hate to live in asia n trade it as it has like 10ticks range for 3hours!!
how on earth could anyone make money from that!!) :eek:





After what happend lastime oil was in the high 40s and i was in my sell, took a big loss, and so lost alot of money instead of making the £9,000 profit if have made if id waited and then wouldnt have had so much fear n worry all this month,
im not gna take another loss on this,
cos if the inventory number crashes it and i miss it and endup with even less capital i just couldnt take that!!

so tomorrow (today rather will be do or die time for me).



But will actually be dying time if the inventory numbers cause even more spikes. :( :( :(
 
damn spanish that sucks. I hope there is a good sizable pullback so you could exit your trade.

I kinda messed up this morning as well. I exited my long position early and went to work, only to realize later that I had walked away from an excellent trade. But I am not too pissed off about it right now. I just wasn't feeling the market this morning...had other things on my mind...just couldn't trade for some reason.
 
ive set my target for this trade at 42.40 now, so just need $1 dip from here and we get it.


the market seems to only want to move sideways in a few ticks range at mo though, which reminds me why i never trade the uk monrings anymore! :mad:


But over the last few days n weeks theres been a 1dollar+ drop every morning,
and so i just hope today isnt an exception,
especially after 7% spike yesterday.


I really really dont want to get caught holding through the inventory numbers,
but theres always selling in the few mins buildup to that so that should be enough as long as market doesnt start rallying now for some strange reason. :/
 
good morning spanish how is life i am normally not up at this time but as you know i am in hong kong this week so i am up just ha damn your up early london time, anyway hope your trade works today, i have been back trading a little this week trading gpb/usa for nice market this week short every trade most winners if would suite your style very big moves tighter spreads it is an interesting market
anyways short the gbp against dollar euro and definitly the yen and you will be a rich man :)
 
Quote from pocrel:

good morning spanish how is life i am normally not up at this time but as you know i am in hong kong this week so i am up just ha damn your up early london time, anyway hope your trade works today, i have been back trading a little this week trading gpb/usa for nice market this week short every trade most winners if would suite your style very big moves tighter spreads it is an interesting market
anyways short the gbp against dollar euro and definitly the yen and you will be a rich man :)

which forex broker do you recommend?

and hows everyone else doing today?
 
I have not made trades today so far. Just missed out on this down move as it move to quick for my signal to be valid. Very frustrating.
 
Status
Not open for further replies.
Back
Top