5% - 10% profit per day trading

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Quote from usman88:

lol no I am NOT short
Infact I never placed a single short trade today
all longs trades today and my target was acheived even before the market even opened
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soz i mean you holding a long??

cos you said you want it to go to 41 so you can 'sell everything you have'..
 
lol that was a metaphor(or whatever that is called). It was actually a light hearted comment that I want oil to come back to 41 so that I can sell all my 'other assets' and invest all the money in oil and go long...


anyways I have now decided that I also wanna trade the forex markets. Since a couple of you guys here are trading the forex market, can you recommend me some good and reliable broker? remember I am from Pakistan
 
Quote from nikke:

If I understand it right, after a large and sudden move, when it starts fading you enter?

You seem to be quite skilled and profitable at it:)
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Thanks mate. That was sort of the case for that trade, although I have lots of different price patterns i look for.

If everyday was like today, id honestly be a rich rich guy.
 
Quote from spanish89:

ahhh understand now.. :)


Btw fx pair takes your interest most mate??
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none at the moment
I just want to diversify my trades and risk and wanna earn more money

At the moment I am restricted by targets in crude oil. As soon as my targets are reached I have to stop trading. I have had to let go countless oppurtunities in this week only because my targets were met.

Therefore I wanna explore new markets. New markets mean more targets and more earning
 
Quote from blackjack666:

took another 46 pips there on an spx scalp :)

about 200 pips for the day now at about £6 per point.
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Excellent entries/exits mate. Have you seen the notice on the marketindex login page stating maintenance over the weekend? Fingers crossed they are upgrading the connection/software!

Just made another 60 or so pts :)

Have a good weekend everyone, been a very good week.
 
Quote from porph:

Excellent entries/exits mate. Have you seen the notice on the marketindex login page stating maintenance over the weekend? Fingers crossed they are upgrading the connection/software!
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Cheers.

I wrote to them on monday about to many disconnections. Was starting to bug me so fingers crossed.

They need to put that SPX spread back to 5 pips again, too. I could understand it when they first increased it because the markets were frequently putting in 8 handles range in 5 minute bars! them days have gone for now though. Other brokers have since reduced their spreads back to normal but not RBS mkt index.
 
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