5% - 10% profit per day trading

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mini-rally here at the end, if we spike up anymore i'm going to short it till 5PM. oil has been tricky as hell this week for me, basically break even a weeks worth of staring at charts. oil being in transition now, seems to not respect s/r lines at all. i really need to level up my game so i can trade in this market.
 
Quote from usman88:

I dont have a managed futures account(which the article you posted is about) with anyone, MF global included.

Already this year (till today) my account is up 50%. Keeping in mind this is a high 6 fig account and I only risk less than 10% of my capital, it is quite a favourable return on annualized basis, when compared with any hedge fund or managed account out there
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50% for 4 months is great for this big account compared to any other managed funds.
you have many big hits and you have tight stops on loss tx , I thought you may have higher than what you mentioned return , I did not mean that is any easy task .
 
Quote from InvestVision:

50% for 4 months is great for this big account compared to any other managed funds.
you have many big hits and you have tight stops on loss tx , I thought you may have higher than what you mentioned return , I did not mean that is any easy task .
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Thnks.

We have 4 accounts now. The smaller ones (5 figs) are used for daytrading and they are up much more in % terms. The trades i post here do get mixed up (b/w the big swing trading account and the smaller daytrading account) hence the confusion u have

Getting returns on a bigger account is much more difficult compared to a smaller account. Going long 50 lots is not the same as 5 lots as psychology comes into play
 
Once the week end premium ( risk premium ) is over , oil showing the Friday's weakness here today.
sure equity markets are dropping but oil drop is much bigger than equity markets
some euro weakness, but still profit taking continuing in oil
 
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