+1000% in a couple of weeks

So what did you do? 90% gain on a few hundred dollars?

 

Yes small money. But with 1000% now and then..
Up about 100% now. Still holding shorts.

 

I found a dollar in a vending machine today, since I started with a dollar in my pocket, I'm up 100% today, beat that return!

 

Yeah if you can find 2 dollars tomorrow and 4 on Friday you are on your way to financial freedom.

 

By the way 1000% in a month or so is not a record or anything. I saw one guy take 1000 to 125k in just one week in Forex.
Not sure if i am going to try to beat that but maybe 1000% in a week.
The hard part is discipline so far..

 

This thread cracks me up.

Since it's small money, your commission is probably eating most your profits.

So far, you're obviously making correct trade decisions and that's great, but you have to ask honestly whether your decisions and holding habits are scaleable with decent size.

If you trade bigger size, you might find yourself locking in larger losses rather than holding them hail mary until they win like you can do with the tiny size you're using right now.

Every trader is susceptible to scalability problems though, or else, we'd rule the world.

Best of luck to you.

 

I just pay the spread. Yes it can be very different when trading big money and small. But then it feels good to know you can always come back if you can make 1000% now and then.

Up about 120% now. Short over weekend.

 

Great thread!

Reminds me of the good old:
"5-10% profit per day trading crude" thread.

 

Dharmakaya,
what broker do you use to trade CFDs? what sort of commissions do they charge? what's the typical spread?

 

2008, several times. Lots of shorts blew up on the day after the short sale financials ban - it was options expiration day too, limit up bid on the open (a little over 60 S&P points gap move), and far higher gaps on financial stocks (like 20-100+% gaps).