5% - 10% profit per day trading

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

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  1. long 60.30, oil's breaking upward here

    >> hard stop 60.10
     
    #6911     May 21, 2009
  2. usman88

    usman88

    @everyone

    hold your longs overnight and get 100 cents guaranteed
     
    #6912     May 21, 2009
  3. a guarantee from usman88? i'm in lol .
     
    #6913     May 21, 2009
  4. got out of longs earlier, waiting for a retrace before getting back long. hopefully in 60.70s.
     
    #6914     May 21, 2009
  5. any specific reason please
     
    #6915     May 21, 2009
  6.  
    #6916     May 21, 2009
  7. small short from 61.10, looks like a double top worth 30c or so.
     
    #6917     May 21, 2009
  8. we are at 6100 , where is headed from here to close

    bull case factors for oil:
    1) weak dollar, EURUSD is at high 1.388
    2) S&P was at session low 883 , from here either flat or up

    bear case factors for oil:
    3) S&P 883 deserve oil at 60+ instead of 61+
     
    #6918     May 21, 2009
  9. got out at b/e. i've tried doing the opposite of what my instincts tell me, and it should work in theory, but the market always finds a way to do the opposite of whatever i try. anyways, it looks like we're breaking up here.
     
    #6919     May 21, 2009
  10. usman88

    usman88

    @IV

    forget the equities and just look at the euro. My call was based on technicals + fundmentals especially euro and 240 min charts and 60 min charts.

    The fact that I said 'guaranteed' meant that I was 101% sure of this move. I made the call at 60.80 and it just touched 61.48. Equities just dropped massively but I am still on my call. Forget 100 cents. One mite even get 200 cents here. Just do proper risk mgmt. If you followed my call, now is the time where you move your stop to lock in 10 cents profit at 60.90
     
    #6920     May 21, 2009
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