5% - 10% profit per day trading

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rofl. Spanish, the difference and the reason some people dont have to withdraw their cash to 'lock it in' is that they manage their risk correctly and thus will never risk blowing their whole account in the same manner you do. ie stop losses and correct position sizing.
 
Saw one of my favorite set ups forming on the Eur/Usd..Put in 2 sells.

EUR/USD STO: 1.2856 BTC: 1.2846 @ £15 per tick +10 pips on this one.
EUR/USD STO: 1.2856 @ £3 per tick <-- This trade is still open at time of post.
 

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Quote from porph:

rofl. Spanish, the difference and the reason some people dont have to withdraw their cash to 'lock it in' is that they manage their risk correctly and thus will never risk blowing their whole account in the same manner you do. ie stop losses and correct position sizing.

This is correct.
Not having a go at him but I dont think he's going to 'get it' personally. Mustn't forget he's only a kid. I made a hell of alot of money when I was 17 trading a CMC spreadbet account under my dads name. Spanish certainly wouldn't believe me if I told him how much so I wont bother. Its also worth noting that I lost it all! lol, which is what was required for me to learn how to actually trade rather than just gamble.
 
ROFL..I can tick fuck all day long but unfortunately, have to go to class in a few minutes.

Saw a good opportunity on the XDAX. Took it for a total of just under 100 pips. Normally, I'd let a trade like this run for longer, but seem to be having some issues with marketindex today i.e. the TP function doesnt seem to working.

Porph, is TP working for you?

Thanks


mi-XDAX trade attached.
 

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Quote from x2012:

ROFL..I can tick fuck all day long but unfortunately, have to go to class in a few minutes.

Saw a good opportunity on the XDAX. Took it for a total of just under 100 pips. Normally, I'd let a trade like this run for longer, but seem to be having some issues with marketindex today i.e. the TP function doesnt seem to working.

Porph, is TP working for you?

Thanks


mi-XDAX trade attached.

Not traded today, been out on my brother's dirt bike in the snow :D
 
Quote from porph:

rofl. Spanish, the difference and the reason some people dont have to withdraw their cash to 'lock it in' is that they manage their risk correctly and thus will never risk blowing their whole account


Only very rich people would actually do that mate.


But no-one who just started with 2k would actually just sit there calmly and keep building it up without any fear or stress or losing it! :D


If its simply a case of 'stoploss and position sizes', then why would anyone have so much money in their account if they werent prepared to risk losing it?? lol

Why not just withdraw down to only 6% of that capital, and then only risk 33% of that per trade??

(Its still the exact same as risking just 2% of your whole total capital)
 
Quote from spanish89:

Only very rich people would actually do that mate.


But no-one who just started with 2k would actually just sit there calmly and keep building it up without any fear or stress or losing it! :D


If its simply a case of 'stoploss and position sizes', then why would anyone have so much money in their account if they werent prepared to risk losing it?? lol

Why not just withdraw down to only 6% of that capital, and then only risk 33% of that per trade??

(Its still the exact same as risking just 2% of your whole total capital)

Sorry, how much exactly do you know about the personal lives of other traders on here? Oh yes, next to fuck all as we dont post every last cringeworthy detail on here, a trading forum...

Point is, blackjack and many other traders on here have far, far more sophisticated strategies, risk management and general financial control than yourself. I don't believe that a 17/18 yr old needs to spend a grand a week to get by. Perhaps other people dont piss it up the wall eh? :eek:
 
LOL

Ok mate chill the fuck out!! :D


Hes earning average £2,000 profit per day at the mo,
and as he compounds capital will probably raise that to £4,000 per day soon.

You, well you made £100,000 profit in about 3weeks,
Although out of that £100,000 you made you now only have a few thousand as you ''Had to give it all away for some reason''!!
:D

But you have your ''sophisticated stratergies'' which are a secret to everyone else in the market but give you a way to make thousands per day, so you will be doing £20,000profit per week again very soon no doubt...


So mathematically as long as you keep compounding he will be a millionaire roughly by this time next year,
And you will be a millionaire by halloween!! :D :cool: :p
 
which markets have the potential to give 20k USD and plus to a single trader in a single day(considering the avg account size people have here i.e. 80k GBP)
 
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