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Day Trading for a Living

  • #1,081
  • Aug 7, 2012 6:38am Aug 7, 2012 6:38am
Quoting Turveyd
Im doing much the same just trade at stupid dead times rarher than middle of the action cause im a wuss.

50/50 win ratevis fine if your making 2xs your risk currentky i lose lose lose make it all back on 1 trade. Just got to reduce the lose lose bit.



Nice profit.
almost all of my trades on this timeframe are orders above or below a reversal candle @ support/resistance/supply/demand, that gives me the best probability of it hitting my order and going to my profit level....
  • #1,082
  • Aug 7, 2012 6:46am Aug 7, 2012 6:46am
Quoting Turveyd
Im doing much the same just trade at stupid dead times rarher than middle of the action cause im a wuss.

50/50 win ratevis fine if your making 2xs your risk currentky i lose lose lose make it all back on 1 trade. Just got to reduce the lose lose bit.



Nice profit.
Yep GDR3K, nice profit, am happy but am sad a bit as my trades today closed at BE..First was 1.5617 and second 1.5650. Would have made +50 pips for today, and my trading day would have been done, as I would have made $100 profit.
  • #1,083
  • Edited 7:17am Aug 7, 2012 7:02am | Edited 7:17am
EU long at support. SL is 4 pips away. TP 1.2441

Stopped at break even...went on to hit my original profit target aswell, hum.
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  • #1,084
  • Edited 8:16am Aug 7, 2012 7:59am | Edited 8:16am
EU sell order hit 1.24262 after the inverted hammer right at supply, closed for +10.

Scalp....

+41 today so far

I'm finding ctrader to be very good for scalping like this, I can have a sell or buy order set beforehand far away from the current price then when a candle appears move it quickly above or below it to catch the breakout move, instead of fecking around right clicking and setting your order, SL etc, by the time you've done that you've missed it.

You're missing out on some good scalps Turv!!
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  • #1,085
  • Aug 7, 2012 8:17am Aug 7, 2012 8:17am
GU is abit 1 directional, so DAX and EU today I guess, just heading out to the park, DAX looks like a long right here typically.

Nice score
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,086
  • Edited 8:30am Aug 7, 2012 8:19am | Edited 8:30am
Quoting Turveyd
GU is abit 1 directional, so DAX and EU today I guess, just heading out to the park, DAX looks like a long right here typically.

Nice score
Yeah I'm sticking to EU and AU for now, anymore and I'm finding it hard to concentrate on such as small TF but may just bin AU off and trade EU only as I'm liking its price action on the 1m, don't know whats going on as I've not had one loss all week, its my best streak, 10 trades, 9 wins, 1 stopped at BE, not done this before, funny how you're always told not to trade the smaller timeframe aswell, I reckon its so you don't bother looking at the underlying price action on the smaller timeframes and effectively place a trade not knowing the full PA, afterall, they're the smaller timeframe candles that make up the bigger timeframe candles (which I keep on saying but think its important)....hmmm.... /conspiracy
  • #1,087
  • Aug 7, 2012 8:29am Aug 7, 2012 8:29am
anyone its time to short for GBP and EU ?
  • #1,088
  • Aug 7, 2012 8:41am Aug 7, 2012 8:41am
Definately on the conspiracy well kinda....


A bad trader on M1 will make 20 trades in a day blowing the account on H4 it will take months to make 20 trades but same result just slower. 99% are bad traders.

A good trader will make 20 trades and double the account weekly.


But for 99% m1 is bad!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,089
  • Aug 7, 2012 8:51am Aug 7, 2012 8:51am
Quoting Turveyd
Definately on the conspiracy well kinda....


A bad trader on M1 will make 20 trades in a day blowing the account on H4 it will take months to make 20 trades but same result just slower. 99% are bad traders.

A good trader will make 20 trades and double the account weekly.


But for 99% m1 is bad!
I agree.

EU sell order hit. SL currently at break even.
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  • #1,090
  • Aug 7, 2012 9:09am Aug 7, 2012 9:09am
Gu +7 over the news failing to break up sadly. Missed all the excitment earlier.


Possibly turning down nice lower highs on eu.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,091
  • Aug 7, 2012 9:16am Aug 7, 2012 9:16am
Quoting Turveyd
Gu +7 over the news failing to break up sadly. Missed all the excitment earlier.


Possibly turning down nice lower highs on eu.
Long EU 1.2422 after the spinning top right in a demand area. TP 1.2434, SL hit at break even, should of closed when it hit the previous mini high.....
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  • #1,092
  • Aug 7, 2012 9:21am Aug 7, 2012 9:21am
I saw that didnt want to go against you

Dax short at -2 tight sl double top from earlier
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,093
  • Aug 7, 2012 9:35am Aug 7, 2012 9:35am
Just Breaking down i guess a news spike rallied all dratts.



Holding still!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,094
  • Aug 7, 2012 9:45am Aug 7, 2012 9:45am
Out +3 missing all the action on eu and gu while dax didnt move.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,095
  • Aug 7, 2012 9:47am Aug 7, 2012 9:47am
just took a 5 pip loss in EU, twas a silly entry really, didn't follow my rules.
  • #1,096
  • Aug 7, 2012 9:53am Aug 7, 2012 9:53am
Quoting GDR3k
just took a 5 pip loss in EU, twas a silly entry really, didn't follow my rules.
-5 is nothing i can lose 5 xs that easy


Losses happen forget them and focus on the bigger picture.

Taking a break too bright barely see my screen goibg blind.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,097
  • Aug 7, 2012 9:57am Aug 7, 2012 9:57am
Quoting Turveyd
-5 is nothing i can lose 5 xs that easy


Losses happen forget them and focus on the bigger picture.

Taking a break too bright barely see my screen goibg blind.
I've been glued to this screen all day, eyes have got a slight ache lol EU is stuck in a small range, keeping out until it breaks out.
  • #1,098
  • Aug 7, 2012 10:52am Aug 7, 2012 10:52am
Quoting GDR3k
I've been glued to this screen all day, eyes have got a slight ache lol EU is stuck in a small range, keeping out until it breaks out.
Got both kids back home for 6 ish
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,099
  • Aug 7, 2012 11:25am Aug 7, 2012 11:25am
Typicslly dax went 20plus on me after i left and didnt make any other trades.


Progress day tradey wise so all is good.

Less pairs does help with the old brain.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,100
  • Aug 7, 2012 12:59pm Aug 7, 2012 12:59pm
went to the gym instead, needed a girlie fix and it was GOOD, this 1 that wears a sexy top and no bra cracking

Got home, had a setup, YES GU at the last low 1.5636 area, then realised router was dead but it would of worked.

1000ema called the base on the Dax calling a 40pip move up, risk of 7.

EU's been bouncing off the 1000nd for the last hour or so.

GU setup was off the 1000nd and bounced to.


Confidence is improving, might be FULL time if no work arrives for September YEAH and also ECCKSSS LOL
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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