5% - 10% profit per day trading

stopped out...tht was fast
shouldnt have tried before 50.30

 

Here is the reasoning for this pop from 49 to 50
- even with big crude inventory increase it did not drop below 49 , it says there are big buyers holding at 49 so now is this 50 pop based on those big support
- it may drop again , but these big guys ( & MMs) playing this way for now

 

USman, remember the 48.80 .......u actually told be about that level and that what 've played since yesterday

 

dang....entered at much lower rate than ideal
entered shorts at 49.80 SL 50.40

@xty
you are rite but I believe we will easily break that level. The trades I post here are usually the ones which i make for my big account and are usually swing trades with target of 60+ cents. I believe risking 5-10 cents for such rewards is totally sound risk management.

I am btw a daytrader and easily make up for these stop losses on my day trades, which are for 10-20 cents and which i dont post here

 

SL moved to 49.75
TP 49.10

 

got out of my shorts. a small long at 49.35.

 

i have s sell order at 48.70 for a test of 47.50.............i expect this to be fast and furious

 

got out at 49.10

 

nice exit usman

 

someone i know has a huge huge short position on crude (around 100 lots).

lets see what happens

@Blu

thnx