5% - 10% profit per day trading

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

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  1. holding a small long at the moment, it feels like we should break up any moment now
     
    #6731     May 8, 2009
  2. keep going up!! don't stall anymore!!
     
    #6732     May 8, 2009
  3. mini-rally here at the end, if we spike up anymore i'm going to short it till 5PM. oil has been tricky as hell this week for me, basically break even a weeks worth of staring at charts. oil being in transition now, seems to not respect s/r lines at all. i really need to level up my game so i can trade in this market.
     
    #6733     May 8, 2009
  4. short 58.60, holding into after hours.
     
    #6734     May 8, 2009
  5. held shorts from 5860 and closed 5832
     
    #6735     May 8, 2009
  6. 50% for 4 months is great for this big account compared to any other managed funds.
    you have many big hits and you have tight stops on loss tx , I thought you may have higher than what you mentioned return , I did not mean that is any easy task .
     
    #6736     May 8, 2009
  7. usman88

    usman88

    I am long 30 lots avg 5745. Still looking for 5990. There is no stopping crude now
     
    #6737     May 8, 2009
  8. usman88

    usman88

    Thnks.

    We have 4 accounts now. The smaller ones (5 figs) are used for daytrading and they are up much more in % terms. The trades i post here do get mixed up (b/w the big swing trading account and the smaller daytrading account) hence the confusion u have

    Getting returns on a bigger account is much more difficult compared to a smaller account. Going long 50 lots is not the same as 5 lots as psychology comes into play
     
    #6738     May 8, 2009
  9. This explains it all :)
     
    #6739     May 8, 2009
  10. Once the week end premium ( risk premium ) is over , oil showing the Friday's weakness here today.
    sure equity markets are dropping but oil drop is much bigger than equity markets
    some euro weakness, but still profit taking continuing in oil
     
    #6740     May 11, 2009
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