Thanks. I didnt have a choice about those fuking stupid 6 buys from such a mid market level, as they only went trough cos i couldnt cancel my target order fast enouh as oil crashed! I then got the bottle of white rum and started pouring it down my mouth to get me out of reality.. But then half conciously added £3 more longs from the low $65 level. So no have £9 long and a taget of $66.81 If that gets hit i will take £313 profit, so added to my previous profit so far today will be £808 Which is complteley fuking shit and crap, snce if id just slept all day id have been over £1000!!!!! but atleast i can then clear my portfolio and have a break for abit
hi all. Not had time to read most of the recent posts but i guess your all still killing it. ANOTHER relatively quiet day for me. Made a few hundred quid on oil, but the dow came within 8 pips from hitting my sell order and then plummeted without me on board Still, not a bad day. £278 for 30 mins work on oil Account about a days profit away from 17k hopefully
I know how i trade may look extremely wild and mad, but its honestly not. I dont do random trades, dont gamble (which is why i miss out on so much cash). Im not just some fool who doenst have a clue what hes doing, and just gets lucky daily by maiing money.. lol I know exactly what im doing, i know exactly what risks im tkaing each trade and why im doing it that way, and i make my trades not just bsed on price action and chart patterns and fundamentals, but also very much based on pure human pyschology. Its extremely hard to do it, but if you know how to then it does work extremely effectively, as wh try working out what a graph on a screen will do, when no-one can know. However you can know to extreme probablity how other humans are going to be reaction to certain situations and scenarios. The only reason why im not making a few thousand quid per day at just a few quid per tick is simply because i am human just like everyone else, and so even toug i put orders in on a daly basis that would make so much money, i cant just leave them and so miss out on alot and then get into big losses due to greed and impatience. Oil wnats to bounce back now as its crashed nearly $4s in a few seconds in a straight vertical linem but the 1 n only thing stopping it is the dow that has gone mad over last few weeks keeps dropping n sliding in a straightline!
ARGGG!!!!!!!!!!!!!!!!!! what the fuck is wrong with me!!!!! i had those £9 longs from $65.36 on with the target set at 66.81, having that hit would mean id end the day up £808, which even though its extremely fucking crap and shit compared to how i should have been able to perform atleast itd be £313 better than before i got into that trade, and wouldnt be too far off £1,000, although i feel like a fuking twat for not being able to get lose to £2,000 today! Oil started spiking up just as i knew it would, saw it go to the mid 40s, but then start to struggle cos the 66.46 resistance, i tried so so hard to just go away from the screen and leave it, but i just couldnt and so cashed all 9 in at $66.44, and then took only £68 profit after paying the £48 spread cost from a quick short down from that spike for 20ticks. But cos it then looked too midmarket, and had risen over $1 at about 65 - 70 degrees angle, i didnt rebuy, but guess what......... It smashes through the 66.81 level just ike i had seen it doing before, but like a fuking twat i miss out on over £300!!! And then to make things worse i drop a £5 sell from just above that level, and set a target at 66.33..., i do so sooo much wnat to just get away form the screen, and i keep telling myself to stop being such a fuking idot twat and a fuking wimp and to just leave it and o but my brain just somehow disconnects from my body and hands n eyes, and cos i see oil is moving in an uptrend i just get too scared of waiting for a 40ticks pullback dip and cash in when oil hits $66.41... BUT AGAIN SECONDS, FRACTIONS OF A SECOND LATER OIL CRASHD DOWN THROUGH MY .33 TARGET, THROUGH THE .26 TARGET THAT I WOULD HAVE REALLYR EALLY LOVED BUT JUST COULDNT PUT TARGET TAHT LOW DOWN, AND ALL TEH WAY DOWN TO THE .11 LEVEl!!!! K theres no point in getting angry at myself for all of that, cos in an uptrend, barley $1 up after falling $s at 80degrees angle, to be trying for 60ticks pullback after only $1 rise would be pushing it..., But if id just not been such a fuking idiot and cashed in before the .33 level id have made £50 more!!! I mena what kinda of a fuking idiot just gives away 50quid cash because they are too scared to wait for a few seconds!!!
So at the end of the day now im out for only £648 profit!!! Im not being greedy or not giving money value, but traidng isnt about the fuking money, its about the market!! And if i wasn't such a twat if have easily have hit £2,000 today!!! If i had just gone out or gone to sleep after my fuking crap exit from that down spike id still have been £7 higher than i have now ended up!!!! Ive counted and after all those huge trades ive been making, all those calls and targets that were worth so so many thousands of quid, im only at £1,452 for the week, and £4,936 for this november contract!!! So instead of going and getting a chinese takeway like i was gna reward myself with if i hit over £1,000 today, im just gan go to bed now and so have have skipped eating for the whole of today! I jst hope that will make my mind not so fuking stupid and wimpy in future now!!
Hi all. Work totally pissed me off today. Good job I have this to fall back on and keep me stimulated. Could have been an excellent day and at one point I was over 18k but green is green and im happy with anything positive. Balance up to £17,758 but I have an open trade that is down a bit so the NAV is £17,520. Might have to cut down on trading whilst at work so looking to adapt my style slightly. Might blow up my account, might be the making of it.... Good work blackjack + spanish - dont be so hard on yourself, 90-100quid a day still gives you 2 grand a month.
Welldone mate... (I hould be hitting nearly 2k per day though, not per month!!) LOL I would be hiiting that everyday if i just let all my trades stay on and run till they hit their target orders, but i wimp out always.
Maybe so however it's very easy to remember all those occasions but forget about the times you took the profit before it quickly disappeared. It's very difficult to get the balance right. Do you think Oil is going to rally this week? This ranging is wierd but not so bad to trade.
Yea i guess i shouldnt get too upset.. :/ I just hate knowing what the market is gna do, putting in orders accordingly, but then not being able to just fast forward time to the end of the day and see if they did get hit or not, instead of having to sit seconds by seconds, minute by minute, waitinga nd waiting for the market to move, and with every jerk against me never knowing if thats gna be the lowest jerk of the day or and then market gna start to rise back up, and so i pull the trade there... lol But ahhh if you didnt have that element in trading life would be just too easy for luck to allow to happen. lol How exactly do you manage to sit at a desk in an office building, have a traidng platform and chart on screen, trade, and yet still be doing enough work for the company to be generating them more cash then they pay you as your salary??? :eek: :eek: And in relation to this oil range, its getting kind of odd now as well its just too easy, since it keeps on just repeating the same cycle, boucing up when it hits the 62/63 area, but falling down when it hits the 68/70 area... So all you have to do is have the patience to wait till it gets to 1 side, and then slam it hard and take it down or up as far as you can handle before the suspense and urge to lock in the profit over whelms you! lol If it keeps moving like this in these weekly or even monthly ranges though then i will be a millionaire before im 20!! Cos its basically just giving away free money by doing this. So logic says that this good sort of luck cant last for much longer, and its gna start to move and jolt around randomly soon within no real range but not trending either, just jolting around.. :/
K and for the resposnse to advfn from: http://www.trade2win.com/boards/general-trading-chat/41616-spanish89-10.html I didnt sell oil at 112 or 120... lol I started selling oil on that day it spiked up $10s (back then that was huge and biigest 1day rise ever i think), it had started the day around $128, i dropped my sells in at $137! Next day it crashed back to the low 130s, although i had bailed out way way before that low, as it was my 1st oil trade ever. lol I did abit more selling back from the 139 level to the 146s, but was at college fulltime back then so couldnt trade during the days, and ha just lost my fiance so wasnt in a proper mindset to do aything cos all the alcohol i as drinking all throughout the day. I remember back then though, every day i kept posting in my journal on t2w about how oil was about to crash and that the dollar was gna start to get strong again, but no-one else listened to me back then. I especially remeber that old fool fxscalper ranting on about how when ecb raised rates the euro was gna smash throiugh 1.6000 and how oil was gna smash through 150 and keep going tthough te 160s t 180s+!! What a fucking idot... LOL If you read through my t2w journal you will see all the times how i kept saying to him and everyone else that oil wa sgna crash becasue people simply couldnt afford this high oil!! I spelt it out to him so fucking clearly, kept saying and posting that oil was gna crash because people couldnt afford those prices, and you couldnt sell something at a price that peole just cant afford to pay for it. (This was before the term ''demmand destruction'' had even been invented, everyone else was shouting $200 oil, but i was the 1 who foresaw the demmand dertuction coming and so traded accordingly!) And i remember the reply he gave that really showed me what a complete retard the guy is, he said ''traders dont care if people can afford the oil or not''! :eek: (Just like i had told him that if he was really a millionaire like he claims to be to buy oil the day it went to $105, but he didnt, and missed out! lol) But enough about him, your the latest one to try predicting and forecasting that im just a gambler and going to lose money in my trades, so by default not make money..... Hmmmmmmmmmm, how many other people all predicted that back right from the start of the year and all spring and easter?? LOL You know i seriously would actually really really love it of that was true mate!! I mean fuk all the effort of trading..., imagine if you could be earning 100%+ profit per month, every month, by just randomly gambling away on a daily basis, and yet be earning loads of cash everyday by just doing that! Itd be fuking brilliant to be an expert consistently profitable gambler! lol But sadly im not an expert gambler. I dont gamble cos i dont like having the risk of losing my money. And to go from £759 starting capital to over £18,000 profit in under 4months, trading only at £1 t £2 per tick until the last 2weeks, and to not just have 1 big lucky win day after 100s losses, but to be hitting 5% - 10% profit per day, every day, day after day, for every single day of every week for all those weeks and week...., It takes alot more than 'lucky gambling'!! Especially in the financial situation that i was and am still in, that if i lost my capital thatd have been it, id have been homeless. No money in a bank or savings account as security to fall back on, if i fuck up trading i wouldnt have just lost my capital, id have lost my whole life and future and would have been living rough on the streets of London. No-one else on these trading sites does actually understand how that feels, since you have all been fortunate enough to have been given the chance to have salaried jobs and only started trading when you had enough savings.., didnt have to start trading to stop yourself starving but having no money in you bank to go down to sainsburys!! :/ But i can tell you now that when you have that much pressure on you constantly everyday you dont 'gamble randomly'.