Well done mate. Im getting seriously fucked off and pissed off now at the bad luck ive been having all week!! As it was bad enough missing out on so so much money over the week cos of not being greedy! But now after weeks and weeks of oil following the dow basically tick for tick, every single movement in dow was mirroed in oil within seconds...., Howeevr from lastnight, when i pour loads money into buying oil as the dow rocketing, oil starts totally ignoring and actually doing the opposite to the dow now!! :eek: Dow just risen over 150points in 3minutes, yet oil has dropped over $1 in those 3minutes!! :eek: :eek:
i dont think you should be beating yourself up.. its what you are doing that will let your capital not run out. don't be greedy.
I hope some of you guys caught that move. I caught on average about $3-4 dollars. Finished off a killer week in style with +2,993.87 I had to be patient but I was very confident it was going to go back up. Leaves my balance at £15,549.51. I think it was Marty Schwartz who advised taking a break for a few days after some excellent results so I may well do that next week. Spanish, regarding my job, that's exactly how I see it - plus it provides enough distraction to not be screen watching and overtrading. For example, in building my long position I got to about £1000 underwater unrealised but I wanted to make sure I was in when it really got going with a large position. Hope everyone has a good weekend, im going raving on saturday with a few extra quid in my back pocket..
K well i had set up target order at 67.52, so would have been £648 profit, i got cautious and did it in 2scalps, and 2nd scalp on £3 per tick not 4, but have still taken £481 from that trade today! Am gna start alot more tight proper trading from next week though, as this trade was at over -£1000 loss for most the day... lol (I knew what i was doing and so its not a 'risk', but at the end of the day by just being lazy and sloppy ive been having to generate nearly £1,500, just to only get lss than £500 of that as profit.) So its pointless to miss over £1000 each day just to have the luxury of laziness. lol Ive also dropped another sell at £4 tick from 67.98, target the low 66...
you've gotta be one of the best traders on this site, Porph! Great stuff. Missed the move myself as was babysitting Im sure my man spanish made a few grand from it though!
If you saw how little theory and actual rules I had behind my trades you would piss yourself! We've all done pretty damn well this week, I'm sure the markets are getting ready to give me a beating soon. What's everybody's thoughts for next week? Personally I am undecided and I think there is a real battle between buyers and sellers. I've been so focused on crude I havent really analysed the stock markets and currencies apart from checking them regularly... Blackjack, how old are you and what did you do before trading? How long have you been doing it? Your methods seem spot on, you never seem to have a losing day!
Im 20. I was a warehouse assistant a few months ago, lugging heavy boxes around all day. I've 'kept an eye' on the markets for a year or so and finally put 2k in an account about 5 weeks ago (i think?) when I saw how easily Spanish makes a few grand a week without any real experience/training etc. I have had some losing days tho. Mind you, im not sure ive seen you or spanish have a losing day??
i have done previously - had some big losses and wiped out accounts. I'm 23 working as a finance analyst but this is what I want to do full time - I just need to keep practicing and prove I can do it long term so that if I quit my job I would have complete faith in my own ability.
Took £52 profit just to boost me over £500 rofit for the day for a pyschological boost.. And the resold + 1, so a total of £5 sell from 67.75 (barely 10cents off the current level), and target level set at 66.32. If these short/long squeezes keep happening for crude and nat gas every month i could technically just only work 2days per month and earn enough to live just off the spikes and then pullbacks! Iif you look at the 1hour chart that ive attached, in the last 2months there hasnt even been 1day when there was a spike straightup as big as the 1 we just had, without having a pullback. (We had them when it was crashing, but that was cos the economy crashed), but in rallies trheres nothing even close to a rally this size this angle staying and hokding without pullback, so gna be some easy money!
Aloha mate, im 19.. (turned 19 2weeks ago back on october 14th). I finished college back in June (did travel&tourism Btec, so basically spepnt 2years playing around going on holidays and being a holiday rep, did spanish , and did law a-level but never really took the fnal exam as i had lost my fiance and i just couldnt relaly do anything as my life had gone very very bad). So left college with 1 Travel&tourism B-tec, spanish gcse, and A D at law AS, non completed A-level. Id been running my own ebay business selling fake armnai and gucce stuff for over 1 year, started that from £35, was earning average £260 per week after a few months from that as i had a proper purchasing line setup from the wholesale factories in china, posted really prpofessional ebay salses pitches, and even created my own fake armani and gucci receipts!! LOL I also setup my own international shipping country from china worldwide, costs me nothing to operate, and i earn £4 profit er each kg that i 'arrange' to have shipped. (all i have to do is take the order emai, forward that email to my chinese partner, take the money, send half to the chinese, and then ive done!) Ebay then ended though when they banned feedback, so it meant very buyer can blackmail ever singlesller and reverse the payment even if they love what they buy! I had previously planned on going back to spain and joining the spanish polic, but cos i still want only my finace i cant leave UK, wanted to become a firefighter then instead but couldnt cos i wear contact lenses!! Life had got really really low after missing my fiance, i tried to comit suicide 2x, but it didnt really workout.. And then cos i had every minute of everyday free i took out the final loan i could get on my unpaid creditcards of £759, and started trading oil fulltime..... 3months later i was living in my luxury apartment with all my stylish furniture and designer suits and stuff, and now 1 n hal months after that ive earnt 1years living costs in 2months.. So i could technically just not work from now till next halloween if i wanted to! Sorry for babbling on so much, im trying to stay on here so i dont watch my sb platform and cash in my trade too soon! lol