5% - 10% profit per day trading
- Thread starter spanish89
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GRRRRRRRR!!!!!!
this stupid shit luck still isnt gan go away!!!
lastime we had 6million when 1.5million was expected oil crashed over $4s after the number came, having already fallen $4s earlier in the day!!
But so this time i turned down open £300 on my 2nd trade and let it stop me out for break even as i though this should crash through, and so i didnt want to take profit too early!
But then when i resold i got shit fill n spread and now oil made this stupid consolidation box ive had to take a loss to be safe,
and so have only made £82 from this entire fall instead off over £600 that was open!!!!!
how the fuck does everyone else decide when to let the trade run and when to take a loss???!!
this stupid shit luck still isnt gan go away!!!
lastime we had 6million when 1.5million was expected oil crashed over $4s after the number came, having already fallen $4s earlier in the day!!
But so this time i turned down open £300 on my 2nd trade and let it stop me out for break even as i though this should crash through, and so i didnt want to take profit too early!
But then when i resold i got shit fill n spread and now oil made this stupid consolidation box ive had to take a loss to be safe,
and so have only made £82 from this entire fall instead off over £600 that was open!!!!!
how the fuck does everyone else decide when to let the trade run and when to take a loss???!!
My rule is
"After inventory related fall starts consolidating, look for buy oppurtunities rather than sell"
By consolidation I mean market stays within a range for good 20-30 minutes. Normally at this point I would already have bought with a tight stoploss but as my targets are met, I am just watching
hola!
been ejoying this tread for a while.
Been mostly trading forex and sp500 and have possibly been having similar challenges as spain.
When there were the violent moves earlier it was easy to trade the breakouts from support and expect a large and profitable move.
Or after a large move farly easy wait for the violent pullback and enter with stop-order.
Now it has been slow trending for a while with whipsaws all over and I have been trying to learn this famous "trend-following-thing."
Still struggling though.
been ejoying this tread for a while.
Been mostly trading forex and sp500 and have possibly been having similar challenges as spain.
When there were the violent moves earlier it was easy to trade the breakouts from support and expect a large and profitable move.
Or after a large move farly easy wait for the violent pullback and enter with stop-order.
Now it has been slow trending for a while with whipsaws all over and I have been trying to learn this famous "trend-following-thing."
Still struggling though.
Im just feeling so gutted though,
cos i basically found the only way i could 'not make money today' and then took it.
if id just left the trade on from earlie slept all day till the inventory number i would have £1,600 profit.
if ransquawk had called the number when it came out,
not nearly 10seconds later cos they were doing the stupid treasury auction numbers 1st i would have got filled atleast 40ticks higher as could have clicked sell instantly!
If i had not put b.e stoploss on my trade from 40.90 i could have cleared atleast 15ticks profit even after turning down the £300+ down at the lows!
But like a fool i fucked up again and so am up only £282 for the week after trading at £8 per tick even!!
GRRR i wish id just slept all day and taken the £1,600!!!
cos i basically found the only way i could 'not make money today' and then took it.
if id just left the trade on from earlie slept all day till the inventory number i would have £1,600 profit.
if ransquawk had called the number when it came out,
not nearly 10seconds later cos they were doing the stupid treasury auction numbers 1st i would have got filled atleast 40ticks higher as could have clicked sell instantly!
If i had not put b.e stoploss on my trade from 40.90 i could have cleared atleast 15ticks profit even after turning down the £300+ down at the lows!
But like a fool i fucked up again and so am up only £282 for the week after trading at £8 per tick even!!
GRRR i wish id just slept all day and taken the £1,600!!!
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