5% - 10% profit per day trading

Discussion in 'Journals' started by spanish89, Aug 14, 2008.

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  1. porph

    porph

    motherfucking abn stopped me out 20points above my stop loss...


    Not happened with them before. Looking like it could break down again so Im back in.
     
    #1031     Oct 31, 2008
  2. how u tried to commit suicide?? i switched on the gas while i went to sleep, but gas company cut off my gas coz didnt pay bill!!! fuckers!!!:(
     
    #1032     Oct 31, 2008
  3. #1033     Oct 31, 2008
  4. porph

    porph

    #1034     Nov 1, 2008
  5. MJUK

    MJUK

    Hello Spanish and the rest of the 'gang'

    You all seem to be doing very well so congrats.

    I am also quite young (26) and have done pretty well on oil.

    I bought oil call options last year and sold almost at the top of the market. So I got a £80,000 return on a £10,000 investment.

    I now have this capital in a bank and have been developing an interday oil trading system based on daily pivot points and S/R levels. I seem to have an edge due to my position sizing being over sized when the the trade is in-line with the daily trend/open price and net price and undersized when it is not.

    I work full time in a professional job so sometimes miss an entry if I am on the phone or in a meeting and I have only been making some tentative live trades so far. On paper though, it has done very well. As I said, I seem to have a statistical edge and am only risking <1% of my account per trade.

    My question is, (to everyone) how do you determine your trades? What S/R levels do you use? Do you use indicators, chart patterns, candle patterns etc?

    Also, what return have you made so far and how much do you risk on each trade?
     
    #1035     Nov 1, 2008

  6. Shut my eyes and walk into road.. :(
     
    #1036     Nov 1, 2008
  7. It is amazing how Ebay screwed up by changing feedback to try to be another Amazon, when they had something perfect until they kept messing with it including raising fees on the sellers.

    Were you selling out of Spain? Anyway, continued success on your trading.

     
    #1037     Nov 2, 2008
  8. K well oil has already fallen $1, and so hit my target!!

    (£500 profit)


    But cos my sb firm doesnt allow after hours traidng i cant cash it in or claim my target level being hit yet, so now ive just got to hope that it does continue to fall overnight in Asia, not bounce back up off tis level!

    If it does now bounce after hitting my target i will be SERIOUSLY FUCKED OFF though!! lol :mad: :mad:
     
    #1038     Nov 2, 2008
  9. N nah i was selling out of sw london. lol
     
    #1039     Nov 2, 2008



  10. ARGGGGGGGGGGHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!


    how do i get such fucking badluck!! every fucking day, no matter what i do i always have to endure badluck before being able to cash in profit!!!!!!!!!!!


    As it was so obvious oil fell after that shorts squeeze spike, but cos my sb firm 7am t 9pm only it didnt take my target, and noww oils rocketed back up from that over $1 up!!!

    Or rather gone from £500 profit to nearly £500 loss, all because of physcial things preventing me from cashing in!! :(



    Its just becaus eoil is following dow tick-for-tick again now, although the 1day that i was counting on it doing that was teh 1day it decided to stop doing that!!!

    But now its back following dow, which is rising and spiking again!! :(
     
    #1040     Nov 2, 2008
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