5% - 10% profit per day trading
- Thread starter spanish89
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Look on the bright side that it didn't keep going up and wipe you out!:eek:
Quote from spanish89:
Oh yes now this is really really really fucked me off today!!!!
So id moved my target from the 42.26 where i had put it overnight to put it at 42.83, so id get 2ticks profit.
i then went back to lie down, as i had had the roughest most horrific scary stressful fuckedup evening, night, monring, mid day!!!:/
had felt so so sick, not been able to eat anything, been so dehyrated, so terrified about what id do if i lost all my money and where i could live..
then i got text alert 20mins later saying oil under 43.
later- under 42.80
later- under 42.26
later- under 41.80
:eek: :eek: :eek:
I looked at the market just now and please can someone tell me how the fuck could anyone on earth possibly have done better than i did with this trade and have held through when they saw this formation form and after it going from 43.47 to over 45 1x already....!!
seriously, i just dont get how the fuck i could have done any better with this and have held through this.....
Set your stops and walk away?
Listen Spanish, you know what you are doing. Calm down and stick to your plan.
K i wont virus you cos you wrote in a nice way..
I was thinking yesterday about getting a slight different style of traidng for the now market conditions,
(basically a market full of trend-chasing little pricks who will just push the market trend really really slowly in both directions till its over-elongated, but then the rebounds are so sooo slow too, untill near the end of them),
but what sorta other stratergies work well in this market??
i honestly do want to mate but that stupid etx give you min 40ticks stop!!
when i want to be able to use 2 t 3ticks stoploss when im locking in profit.
since my target is just 40ticks some trades, but i have to clear my entry by 40ticks (£240 or £320), just to then be able to get a break even stoploss, and risk losing all taht cash n having zero profit if its hit.
if etx dont start allowing any size stoploss soon i am gna leave them and start using direct access
Quote from spanish89:
K i wont virus you cos you wrote in a nice way..
I was thinking yesterday about getting a slight different style of traidng for the now market conditions,
(basically a market full of trend-chasing little pricks who will just push the market trend really really slowly in both directions till its over-elongated, but then the rebounds are so sooo slow too, untill near the end of them),
but what sorta other stratergies work well in this market??
cant say anything. Everyone person has his own strategies and view of market. Take your specific style and ponder on it during aftermarket how you would have traded the market movements, what could have went wrong and what you can do to improve
Quote from spanish89:
i honestly do want to mate but that stupid etx give you min 40ticks stop!!
when i want to be able to use 2 t 3ticks stoploss when im locking in profit.
since my target is just 40ticks some trades, but i have to clear my entry by 40ticks (£240 or £320), just to then be able to get a break even stoploss, and risk losing all taht cash n having zero profit if its hit.
if etx dont start allowing any size stoploss soon i am gna leave them and start using direct access
RBS/ABN AMRO might be a start? Worth demoing anyway, you can set your stops wherever you want, and the spread is tighter.
cos he didnt write something like-
''Its not bad luck, you have just lost your touch and skill now, and so are just gna wither up n die.
And m going to take ownership of this thread away from you as your no longer delivering the goods.''
K for the guy who pm me asking when i will believe that teh bottom is in-
i need to see oil restest buy hold and bouce of 39.26 6x.
Its done it once so far, but so i need to see 5 more.
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