5% - 10% profit per day trading

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

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  1. What is the current price of oil????


    cos igindex say its about 63.22, but their chart shos its 62.22...., yet they are offering a sell at 63.22!!

    :eek: :eek:


    And when i checked on live charts they alos sayig its 62.22...
     
    #921     Oct 27, 2008
  2. x
     
    #922     Oct 27, 2008
  3. Amazingly my account is now over £13k!! :)

    Thought it would be a quiet day for me cos I went shopping in London but oil looked good for a further drop and the most recent short that I posted is now making me about £350 :)

    Might take tomorrow off :)
     
    #923     Oct 27, 2008
  4. GRRR im getting fucked off again, cos everytime i dont gamble the market rockets and rockets with no pullback!! :mad: :mad:

    I cashed my longs in at 64.36 and 64.56, waiting for pullback to the 63.86 area, as it had jut risen in a straightline, and so itd just be gambling to leave a long on/ add more longs!!


    But oil just keeps going u in the straightline to 65.16 now, and still no pullback!!


    But i know that if i buy now its gna drop seconds later!!

    But if i dont its gna just keep going up and up and my 67.86 target will get hit but i will have none of that £1000!!!
     
    #924     Oct 28, 2008
  5. K i rebought at 64.46 few seconds ago.., just gone into £50 profit.. :)

    Was gna buy from 63.86 t 64.16 area initially, but gaveup waiting, especially with the slowness of the down move, and the fact that dow up over 300 and oil only $1 so far means lots more upside space.

    Bit annoyed cos i has shorted at £1 tick from 64.78, got stopped out for £30 loss, market went 15 higher, and now dropped. :/



    But oh well, im now just gna go away from th screen if i can and leave thistrade to run till 67.86.



    Hows everyone else doing today?? :)
     
    #925     Oct 28, 2008
  6. GRRRR the 1day that i giveup on buying aud/usd, and the 6552 target, aud rallies nearly 5%!!! :eek: :mad: :mad: :mad:

    Wheras eur/usd n gbp barely move.
     
    #926     Oct 28, 2008
  7. K ive now added a 4th buy on oil just above the 64.52 area..

    (I know i could have got slighty lower if id waited, as its just now dipped to the low 64s, but im getting fedup with this market and missing all the big moves cos of waiting for an entry!) :mad: :p


    I added a 4th because of this big rise in the dow after the open (that crap consumer confiedence number not helping at all now though!!), but since lastnight asia rallied over 5% even with the dow down over 200points!

    So if we can hold over 150 t 200points gain even on dow today, we could be seeing another few % rise in asia overnight, and that will take oil with it.

    Especially the upcoming interest rate cut that not been price dinto oil yet will start softening economic fear, and even though they expectng oversupply in oil number tomorrow even if there is an over supply, theres not really much tradres can do about it to make more money from selling down oil...
    since they have had a clear message from opec yesterday saying that ''you put oil price even lower and we gna cut a few million more barrels per day, and then you will really feel that!!''

    :D




    So gna leave these now with the 67.86 target, and when it hits that il be cashing in £1,332 profit more for the week.. :)
     
    #927     Oct 28, 2008
  8. Ahhhh $1 offside now.. lol


    Oh well i cant blame any-one but myself, cant even actually blame the market for this one, as i knew inside that the market was gna fall down to bunce off the 63.86 level... :p

    i even advised a few others on msn to buy from there,
    but still then conciously gave into impatience and greed and bought back up at the 64.50 level!! :mad: :p


    Once i manage to dump this trade im gna have to read that book again, and then snap out of this stupid floating around the market nonsense that ive managed to fall back into for the last few days! :cool: :mad:


    As instead of buying or selling form the to or bottom, ive just been floating in buys from the mid market range cos getting impatient.
     
    #928     Oct 28, 2008
  9. Ooooh i so muc wish i could buy oil here at just above $63... ;)


    Especially with this dow rally, if the asians follow overnight oil should rocket atleast a few dollars!! :)


    Stupid impatience... lol
     
    #929     Oct 28, 2008
  10. hello every1.
    Just took the morning off in the end, instead of the whole day.
    Didn't even trade crude today but took 120 pips from the dow at £4 per point! :) giving me another nearly £500 for half a days work.

    13.5 k in the account now! :)
     
    #930     Oct 28, 2008
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