{quote} That is awesome!!! Currently I am just growing my trading account. I take out money as I need for bills and such. Though I wont tell you the size of my account. I will tell you what I made the last two weeks. The last two weeks I have made roughly $22k.I made about $6300 today. Since the rollover has calculated I have made about $1400 (since 530pm I believe haha)
Edit: The biggest trade I have earned on was about $17k from one trade.
Bull City Baby! Buying Opportunities
- #762
- Dec 11, 2014 6:02pm Dec 11, 2014 6:02pm
- | Joined Nov 2013 | Status: Trader | 1,222 Posts
It really all depends on the conditions of the market...if its ranging, trending, chop ect. Sometimes I swing trades, others longterm and such as today scalped.
Also depends on what you want to get out of it.(salary, retirement) I like to have a really big trading account. My bills aren't too bad and I split everything with my girlfriend. Sounds good bossman.
-Looking how prices act at certain levels are key indicators whether you should hold or bail on your positions.
There is much too it and hard to post in a book length let alone a paragraph.
PS: I can tell you one thing... you really can't place a trade and then go work on patients. 9/10 times you will get caught by whipsaws or market swings. Especially now its the end of the year...and markets become thin...
If you want to work on patients and trade the equity markets might be more suitable to your lifestyle.
Also depends on what you want to get out of it.(salary, retirement) I like to have a really big trading account. My bills aren't too bad and I split everything with my girlfriend. Sounds good bossman.
-Looking how prices act at certain levels are key indicators whether you should hold or bail on your positions.
There is much too it and hard to post in a book length let alone a paragraph.
PS: I can tell you one thing... you really can't place a trade and then go work on patients. 9/10 times you will get caught by whipsaws or market swings. Especially now its the end of the year...and markets become thin...
If you want to work on patients and trade the equity markets might be more suitable to your lifestyle.
- #763
- Dec 11, 2014 6:34pm Dec 11, 2014 6:34pm
- Joined Jul 2013 | Status: Trader | 2,059 Posts
Needs to hold and reject current 118.877 level, and looks like it in the process of doing just that 
Needs to hold and reject current 118.877 level, and looks like it in the process of doing just that
{quote} That is awesome!!! Currently I am just growing my trading account. I take out money as I need for bills and such. Though I wont tell you the size of my account. I will tell you what I made the last two weeks. The last two weeks I have made roughly $22k.
The better looser you are the better winner you are
- #767
- Dec 12, 2014 12:52am Dec 12, 2014 12:52am
[quote=Sunsilk;7938600 That mindset will take you far. I still feel like that sometimes, don't think that will ever leave you. Discipline is so important. I have two accounts, one is based on risk and strict money management with journal, the other is a little less strict. I feel like I am a lot less likely to 'gamble' this way. Easy to switch between the two accounts as well . I feel that helps me when I see an opportunity but not really any sort of set up. Still use stops as trading without is a guarenteed death wish. One bad trade the wrong way, too many positions open can wipe ya good and proper. Been there done that, didn't like it. But everyone learns every day and I like that about trading. I am also enjoying this forum and the people on it. Good to chat about it.[/quote]
Thanks Sunsilk Must say I am enjoying the people on this forum too
and it is good to chat about it, it is part of the whole process too...
Thanks Sunsilk
Must say I am enjoying the people on this forum too and it is good to chat about it, it is part of the whole process too...
- #771
- Dec 12, 2014 5:11am Dec 12, 2014 5:11am
- Joined Jul 2013 | Status: Trader | 2,059 Posts
I just bought in at 118.29. SL 188.04 TP119.53
But you beat me by 3 pips
Edit:118.32 was my buy price
{quote} ha ha, we bought within 3 pips of each other
Seems like its finding support here. Expect it to probably consolidate then after monday drive up with reaction to elections. Then with FOMC could see this go back to retest that 120/121 level.
If we lose this level then I might have a look at your bears forum lol
{quote} Thanks Sunsilk
How long have you been trading for? Did you say a few months?
{quote} Dang Riz! You almost made in one day what has taken me a year and half to loose. How about sending some of that cash down South. After the other day my account needs a cash infusion. On the other hand maybe I can get Chsortman to pull the gold crown I have on one of my back molars and sell it for some cash! LOL!
- #779
- Dec 12, 2014 8:23am Dec 12, 2014 8:23am
- | Joined Nov 2013 | Status: Trader | 1,222 Posts
Lucky Charm Riz, Price was struggling above the 118.55 level, you come on it has gone up.
one could say I am sorta special. heheEdit: Wheres the Doc at! We need the Euro to drop some to help fuel this. Would be lovely if yen keeps weakening and euro drops.