But put it this way if you are making 100% a week I will happily employ you tommorow...
Have a good Day
Let Price determine your future!
- #13,881
- Jan 19, 2010 7:16am Jan 19, 2010 7:16am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #13,882
- Jan 19, 2010 7:18am Jan 19, 2010 7:18am
- | Commercial User | Joined Sep 2009 | 1,006 Posts
Find a job that you love and you dont have to work again in your life.
- #13,883
- Jan 19, 2010 7:20am Jan 19, 2010 7:20am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #13,884
- Jan 19, 2010 7:24am Jan 19, 2010 7:24am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #13,885
- Jan 19, 2010 7:25am Jan 19, 2010 7:25am
- | Joined Sep 2008 | Status: Lucky Man | 2,267 Posts
forget about tomorrow, just steal away into the night
- #13,887
- Jan 19, 2010 7:27am Jan 19, 2010 7:27am
- | Commercial User | Joined Sep 2009 | 1,006 Posts
Find a job that you love and you dont have to work again in your life.
- #13,888
- Jan 19, 2010 7:28am Jan 19, 2010 7:28am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #13,889
- Jan 19, 2010 7:33am Jan 19, 2010 7:33am
- | Joined Sep 2008 | Status: Lucky Man | 2,267 Posts
forget about tomorrow, just steal away into the night
- #13,890
- Jan 19, 2010 7:41am Jan 19, 2010 7:41am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
I'm dead serious, "Bearing in mind that BOE and the best savings in the UK pay less than 5% a year", weekly 1% it would not be a bad achievement.
I totally agree with you ....There is a vast difference between 1% and a 100%
You can only make 100% a week with No MM in place and fair play if you are that confident..I am not mate..
At any given point in time I risk not more than 5% of my account on the trades...so it is next to impossible for me to make 100% a week
Let Price determine your future!
- #13,892
- Jan 19, 2010 7:59am Jan 19, 2010 7:59am
- | Commercial User | Joined Sep 2009 | 1,006 Posts
There is a vast difference between 1% and a 100%
You can only make 100% a week with No MM in place and fair play if you are that confident..I am not mate..
At any given point in time I risk not more than 5% of my account on the trades...so it is next to impossible for me to make 100% a week
My short on Lihir Gold is still on from last week.
As I mentioned last week, from Friday for 6 months trend will be downwards in Dow, DAX, ASX. USD and JPY will be getting stronger, and Gold will be going down ( my estiamtes are below $900). So I act accordingly.
Find a job that you love and you dont have to work again in your life.
- #13,893
- Jan 19, 2010 8:05am Jan 19, 2010 8:05am
- Joined Oct 2006 | Status: Trader | 7,219 Posts
Umm, I'm happy with 1% a week, I guess I don't qualify.
Nothing worth having is easy.
- #13,894
- Jan 19, 2010 8:18am Jan 19, 2010 8:18am
- | Joined Sep 2008 | Status: Lucky Man | 2,267 Posts
Always bidding lower, eh? 
I'm happy if I don't get a margin call by the end of the week.
Ya know what?
I'm happy if I don't get a margin call by the end of the week. Ya know what?
I'm happy if my accounts are in the positive at the end of the week. 1% per week consistently and I'd probably be even happier
forget about tomorrow, just steal away into the night
- #13,895
- Jan 19, 2010 8:21am Jan 19, 2010 8:21am
- | Commercial User | Joined Sep 2009 | 1,006 Posts
Always bidding lower, eh?
Ya know what?
Find a job that you love and you dont have to work again in your life.
- #13,896
- Jan 19, 2010 8:33am Jan 19, 2010 8:33am
- Joined Oct 2006 | Status: Trader | 7,219 Posts
Always bidding lower, eh?
Ya know what?
And question for Tradoholic. I thought when you got a margin call your account was kaput. Do you get a certain amount of time to put more funds in the account? You like living on the edge aye ...
Nothing worth having is easy.
- #13,897
- Jan 19, 2010 8:33am Jan 19, 2010 8:33am
- | Commercial User | Joined Sep 2009 | 1,006 Posts
Find a job that you love and you dont have to work again in your life.
- #13,898
- Jan 19, 2010 8:48am Jan 19, 2010 8:48am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #13,899
- Jan 19, 2010 9:34am Jan 19, 2010 9:34am
Always bidding lower, eh?
Ya know what?
. I had such a rough holiday trading month in December that I decided to take my trading plan down to a weekly hard stop of $1,500 for a couple of months to get back on track starting last week. The good news is I hit it last week in three days (1/13-$961, 1/14-$339, & 1/15-$213), and with a good short from the early hours of the morning, I am $909.00 today toward my weekly goal. I kind of like basing my trading plan on a weekly goal rather then a daily. Giving myself a possible four more days to hit $600 dollars relieves a lot of pressure rather then getting caught up on a $500 a day goal.
- #13,900
- Jan 19, 2010 9:52am Jan 19, 2010 9:52am
- | Joined Sep 2008 | Status: Lucky Man | 2,267 Posts
I read some folks divide their capital into smaller parts eg. 5% and trade it on a sub-account where the hard stop is the margin call. If they lose it, they stop trading for the week/month whatever. So in this way a margin call is not the boogeyman, it's just a means of MM. Hm, interesting isn't it?
I find it hard to set goals just because I never know what the market will bring. So I prefer to look back on past records and try to be happy with the average of last couple of months or so.
I find it hard to set goals just because I never know what the market will bring. So I prefer to look back on past records and try to be happy with the average of last couple of months or so.
Exactly the reason why I don't Swing Trade
forget about tomorrow, just steal away into the night