I cant afford to go out spalshing money around.. lol Especially if oil stays like this its going to be a nightmare to trade!! Ive worked out my liing costs and i need ultimate MINIMUM of £1,059 per month to live off. So basically i need MINIMUM £200 per day, each day, just to get by with still alot of worry n concern.
Hey Spanish, I was wondering how full time traders like yourself go on for things like renting a flat or whatever when you don't have a fixed income. Don't they do like credit checks and stuff and check you're in full time employment? That's one thing that concerns me about quitting the day job. not sure what the rental agency would think about spreadbetting for a living! Would I have any chance of being able to get a mortgage in the future - guess I'd just have to keep on trading until I can buy a house out right! cheers
Aloha mate, well because i dont get the luxury of having a guaranted pay cheque each month, no matter how hard i work, i basically have to wake up and spend all day everyday worrying that i could lose this flat and everything in it and end up on the streets any single day still... But i rent from a private contractors firm, and as long as you pay them the money then they dont care how you earn it. lol This lack of liquidty in oil now is an absolute fuking nitemare now though!!!
I have been thinking about claiming housing benefit to ''shore up my income''. Since well everyone else in the world is 'shoring up their incomes', by basically just gettng given free money by the government to reward them for failing!! So why shouldnt i get in on this and get myself shoredup.. lol But if i do start getting housing benefit i will have to somehow manage to prove that i earn less than £450 per month, just to get £400 from them. And then they will know i exist and so i will have to start paying council tax, and so that will knock £100 extra off my income.
You are super impressive but you Need to prioritize things that will help you make money, like subscriptions to the data feeds your need. Sounds like you depend on being able to visually recognize your trading pattern, and that the new layout is throwing you off. A second screen does not have to be very expensive and it could help you a lot toward being able to set yourself up for success in making your income target. Get yourself actually set up to trade, and I doubt that you will need a living subsidy.
GRRRRRRRR!!!!!!!!!!!!! IM SO FUKED OFF NOW ABOUT THIS STUPID MARKET!!!!!!!!! ARRRRRGHHHHHHHHH I HATE SCALPING SO SO SO MUCH!!!!!!!! ITS IMPOSSIBLE TO LET PROFITABLE TRADES RUN FOR LONG WHEN YOUR SCALPING WITH A TIGHT STOPLOSS, AND TRAINDG BOTH DIRECTIONS, SO ALL MY PROFITS ARE SO TINY SINCE I HAVE TO CASH THEM IN SMALL TO BE SAFE!!!!!!!!! AND THEN AS SOON AS I TAKE THOSE LOSSES THE MARKET ZOOMS BACK UP TO WHAT WOULD HAVE BEEN £100S+ PROFIT!!!!!!!! THIS HAS HAPPEND ABOUT 9X SO FAR TODAY AND ITS TAKEN ME FROM £120 PROFIT TO NOW BEING NEARLY £50 LOSS FOR THE DAY JUST FOR USING A TIGHT STOPLOSS!!!!!!!!!
The joys of trading--- have been following your posts with interest as I trade oil a little myself. We have all had an easy run down from $140 and now its gonna get trickier. Lets be careful out there.
I counted and im now -£14. I just closed out a £2 buy from 73.60, and took a £12 loss... Its now rocketed over 74, and so i missed out on £80+ profit AGAIN!!!!!!!!!