5% - 10% profit per day trading

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aloha mate i do use stoplosses, i showed that earlier by scaling down over 120ticks to keep lowering potential loss.

I trade more by time not by price though, since the price is irrelevant.


I am now trying to sell as high as possible, but always knowing market can go higher than my entry, but also knowing it will go lower.

But so if i sell her, and take a loss at a higher price that it moves striaght up to that doenst make sense to me.


I instead enter the trade, let it go into profit, and THEN put teh stoploss in, since its if it goes back up AFTER falling, that shows buyers still there.


But if i put stoploss in when i know im selling into buying it doesnt work for me. :/



I really really relaly hate the market now though, as its likely we will fall soon, but then rally at teh end of te day and close at the highs.


since the market now always closes on the highs or the lows, whihc is very irriating. :(
 
this is what i dont like, is that before you could normally trade with 'time'.


market would spiek for a certain number of seocnds t minutes, hold for a cetrian number of seconds, and then fell.

maybe would hold and rise for few minutes, but then then fall would come in seconds, and there would be constant movement.



i relaly cant stand this big big rise, and then teh ''pause''! wtf is the pause about?!!
:eek: :mad: :mad:


who on earth will make a trade in either direction during a pause :(
 
- Expect the unexpected as this options expiration for oil could cause a big pop and a late day drop!

We may see part of that trend develop in tonight’s API report and tomorrows EIA energy supply report.

Mark Shenk of Bloomberg News says that U.S. oil supplies probably climbed last week because of weak demand at refineries that have yet to finish seasonal maintenance.

The Bloomberg survey shows
- that US crude oil stockpiles probably rose 1.0 million barrels in the week ended March 13 from 351.3 million the week before, according to the median of 11 estimates by analysts before an Energy Department report this week.

- Eight of those surveyed said supplies increased and three forecast a decline.

Refineries probably operated at 82.7 percent of capacity, unchanged from the week before, according to the median of responses in the survey. U.S. companies often shut units for maintenance in January and February as attention shifts away from heating oil and before gasoline use rises in the summer.

- Gasoline stockpiles probably dropped 1.5 million barrels from 212.5 million the prior week, according to the survey.
- Eight analysts forecast a decline and three said there was an increase.

Supplies of distillate fuel, a category that includes heating oil and diesel, probably rose 1 million barrels from 145.4 million.
- Six of the respondents forecast an increase, four said there was a decline and one forecast no change.
 
does anyone have access to volume to see whats going on and if theres more buyers or sellers???


i wana see a big upspike taking out teh days highs, and il then sell teh top of that, as that would be an opportunity.

at the moment theres a ' decent trade', but not an opportunity that would be extremely hard for me to lose money if i enter here. :(
 
Quote from spanish89:

does anyone have access to volume to see whats going on and if theres more buyers or sellers???


i wana see a big upspike taking out teh days highs, and il then sell teh top of that, as that would be an opportunity.

at the moment theres a ' decent trade', but not an opportunity that would be extremely hard for me to lose money if i enter here. :(
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Mixed. I would say on balance the selling volume is higher.
 
i keep getting news in about refiners closing down for maintenance, and shell have said they didnt do any new production this year.... ect

duno how much that is holding us up though.


i really dont want to get stuck in a trade that i would have to hodl through the inventory number tomorrow though
 
Quote from InvestVision:

- Expect the unexpected as this options expiration for oil could cause a big pop and a late day drop!
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Would the option seller actually buy/sell a CL contract and transfer it to the option holder or would they just settle in cash?
 
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