Btw Aloha to everyone else..
Hows everyone been??
And trading been done recently??
Ever since the start of this year when the markets all ground to a halt and have stayed nearly lifeless in volatility since,
it seems that same has happened with this website.
I remember back last year there were 100s n 100s of new threads everyday, each getting thousands of replies within days.
But now theres like 1 new thread a month!
Anyone on here still day trading though??
I resigned from my job 2weeks ago now due to quite a few different reasons,
but made sure i was financially set and secure for a LONG TIME before i did.
I had my operation last week on saturday, and so just been stuck inside my flat all week since recovering.
The results so far look amazing though so im very pleased.
And as far as trading goes i have absolutely no interest in buying oil untill it crashes down to the $40s/$50s HARD AND FAST,
and then stays there for a few weeks atleast,
combined with a few months months of real fear and panic and in indicies and equity markets again taking the down back to the 7500s,
and with the media and newspapers scare mongering the general public about it like they did last year.
Il then be looking to buy just before the aftermath of that and looking to hold VERY LONGTERM for 1year+.
As for the current time im doing abit of trading every week to rake in a few hundred pounds extra each month for clubbing money,
but im not actually doing it through 'trading',
instead im just preying on the fact that ALL of the SB firms (theres been alot of small new ones lauching recently) are all having to offer FREE MONEY in your account as starting capital when you get an account with them,
no deposit required.
Only catch being that you can withdraw that money, can only use it as margin.
But so if like me now you have loads of free time and no financial stresses or worries,
you can make hundreds of pounds of RISK FREE money every month from these by simply hedging your trades between 2 firms.
E.G
Ig and ETX both give me £500 free capital in accounts with them. That £500 can get me a stoploss margin of 300points on Oil/Dow/Exotic fx pair with big numeric value.
So with my ETX account i BUY oil at 75.26 with stoploss down at 72.26,
at the same time with my IG account i SELL oil at 75.26 with the stoploss way up at 78.26.
The market is now trapped, as it can only either go up or down,
but so whichever of those 2 it does it loses and i win!
After maybe 9hours its been a very slow day and the market has only moved by $1.20 down to $74.26.
So at this time i just go to whichever account it was that i had sold oil on,
and that account will have £120 profit showing that i can cash in and WITHDRAW.
Other account thats in the 120 loss,
why the fuck do i care??! LOL
Its not my own actual money thats in a loss, its just free promo money.
So end of the day i started with £0 in my pocket, so have nothing to lose and so no risk.
And yet ended the day with £120 in my pocket,
all without having risked anything.
Such an easy simple way of slicing cash out of the market and into my bank account.
