Oooops lol Nah it was for jacker... Im getting fucked of with this business of 'swing trading', not cashing in eahc time i get a decent profit!!! cos my current trade gone from a £226 profit at 1 point, to now being an £38 loss!!
This thread keeps me amused during the trading day....Spanish I wish you luck, but if this doesn't work out I think you might have a chance to take over for D. Letterman...
yeah but the other day remember you were saying the opposite. You were getting annoyed with cashing in the quick profits because it would then move 500 pips in your favour! Always hard knowing what to do, lol! I wanna hit 5k next week!
im glad this latest "live or die" trade on oil is working for you spanish, but now hoopefully you can surely see what I was getting at a few pages back about the obvious difference between you and people like "candles". He appears to be a pro whereas you are just riding your luck. Its just gabling...not a career. lol. PS. Not trying to be mean. but Surely you can see this yourself? Anyway, good luck.
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Aloha im back. Ive been reading the book i bought on thursday that arrived friday called ''the 7 deadly sins of trading''. The best fuking book out there for ALL traders no matter how good you think you are. And from reading it over the weekend ive learnt ALOT. The main things being that te reason i kept having so many problems last week was absoluteky nothing to do with me ''not being a skilled trader!!''. The completele opposite infact! I AM AN EXTREMELY SKILLED TRADER!! IVE PROVED THAT TO MYSELF AND EVERYONE ELSE ON HERE AND T2W OVER THE LAST 4MONTHS WITH EM MAKING CONSISTENTLY HIGER % PROFIT OF MY CAPITALTHEN ANYONE ELSE ON THE SITE + MAKING SO MANY EXTREMELY ACCURATE LIVE CALLS!! The reason i was having so much trouble last week was because i had forgotten how skilled i am though, and so instead of being happy at myself for makng so much for all the other weeks and making £600 (28% profit on my capital on monday), i started to get angry and actually punish myself for ''failing to gamble''. Just becaus eif i had gambld id have made even more money. And so then on tuesday when i did listen to my punishment and did gamble, and then i lost money because of that i just shouted and physically punished myself even more (even though i had done nothing wrong except listen to myself!) Next day i was patient, shoud have gambled, more punishment. Thursday i tried patience again, still fuked me over. more punishment. So friday i still try patiemce and wiat for my pefectly placed sell order, get fuked off, so gamble, go into loss, take loss, what was order hits hit as teh day hgh, i get more fuked off, and so more punishment. Finally in the end i got back to normal, started traidng, and as a result im holding a £3 sell from 93.56, oil now under 91.80!! So almost £700 up so far. And then i had also fallen into the trap of greed... 100ticks wasnt enough, 200ticks not enough, i wnated 300 t 400ticks per trade. And as a result i had turned down cashing in on £100 -£200+ trades. That was because i had gotten very mixedup betwen being a scalper or being a swing trader..., when infact im neither. Im an OPPORTUNIST trader. So i simpl sit and wait for great opportinities, and then when they come il hold them for minutes or even days depending on how long the opportunity lasts. But so from this week ive learnt form the book, and im no longer gna punish myself for not gambling! Nor am i gna get angry at myself for closing a trade to early in profit at a support level, as just like everyone else i have no way of seeing int the future, and so its just ridicuous getting angry at myself for only being human! lol
And my live calls for today are that im currently holding £3 tick sell from 93.56 (abit pissed off that i cant access trades after hours, and so missed the 91.54 strong support low, and now we up to 92 again!!!) But im not gna get angry as that was out of my control so theres no point getting agry about it. And instead im gna drop another £2tick sell in at 92.56 for guaranteed fill, and then gna hold all 5 contracts down to 88.16. ( i would post more but ve ot en extremely painful tooth infection so i been drinking white rum every 20mins for the last 2days now!! , but am in so much fuking pain i just wana try getting to sleep so i can wakeup tomorrow and try gettng an emergency appointment with dentist in the morning. +Ive been crying so so much due to my ex fiance saying some stuff taht has really really hurt me lots.
Cashed in those 3 at 90.91 for £777 after comission. and now holding £4 sells from an averaged price of 90.78, with a target price set at 88.26.
Looks like lots more easy money being made today. Good work Spanish. The oil is toooooo easy! lol. Not traded yet but might wack on a big short in a minute after ive made a big breakfast for myself. Wouldn't usually get up until midday or so but couldn' t sleep as have a hangover. I sure dont miss havving to get up for work in the mornings!