Aye, I don't mind doing that as I'll keep myself occupied, got plenty of dvd box sets I've still not watched yet Markets are crazy this morning, loads of news out. £ looks like its gonna nosedive into hell after those GDP figures, saying ...

Day Trading for a Living

I agree, however statistically going off my personal trading, the first trade of the day is almost always a winner as I tend to wait for that 'perfect' entry. As I said I'm going to make no more than 2 trades per day now but more than likely it'd ...

Day Trading for a Living

Yeah, its when I start making a few trades a day the chances of winning each one drop massively, IMO sticking to one profitable trade per day only is the best way.

Day Trading for a Living

Yeah I don't mind risking the next day as its a new day and S/R levels are fresh which gives me the best chance of a winning trade, I find my first trade of the day is generally a winner and the latter trades of the day don't always come in, so, 1 ...

Day Trading for a Living

Greed indeed, its slowly creeping back into my mind and I know it is and thats the worrying thing, me being greedy is having a profitable trade of say 20-50 pips, then putting another trade on, risking the days profits.

Day Trading for a Living

Thats what I do but keep a bit of profit in my account just to top it up a bit more, but for the next month I'm just gonna compound it and not take any out so I can up the lot size and keep my risk acceptable.

Day Trading for a Living

best way is to keep it simple, a good thief never gives his loot back, same with the markets. In and out until the next day, thats how its gonna be from now on and pay myself a nice healthy sum once a month of around 50% of the monthly profits.

Day Trading for a Living

Yeah since I'm sat here all the time though I'm more inclined to put a trade on instead of netting a set amount and walking away/closing mt4 lol Hows it going trading on that note? harder/easier/same?

Day Trading for a Living

As of today I'm gonna compound my account like mad for atleast a month, going for 20-50 pips off one trade only per day and waiting for that perfect set up and trade using my method only. Made +20 on GU earlier from 5503 to 5523 so thats me done for ...

Day Trading for a Living

gu long @ 1.5503 as 55 is proving to be good support. SL is now at break even. edit, Closed @ 5523 for +20, not risking the bounce back down from the 5525 area, I may get in long again if it breaks above this area and pulls back to the daily pivot ...

GBP/USD and EUR/USD

I'm out on my bike later tonight, got a nice 40ish mile route with a few horrific hills in, legs are still a bit tender from yesterdays run aswell.

Day Trading for a Living

AUDUSD long... SL is currently @ break even @ 10+ pips. Its a trade against the obvious downtrend, lets see what happens. Stopped at BE.

Day Trading for a Living

Yeah it got hit at break even after I'd moved it, not made any money today just been trying to perfect this and cover all possible outcomes/chart patterns.

Day Trading for a Living

Well... Say if the price breaks away from a whole number area, say 1.2100, chances are it'll reach the next half number area of 1.2150 depending on direction but more than likely It'll move about 100 pips to the next whole number, now say if ...

Day Trading for a Living

I've been studying the charts this weekend and found something new in price movement (well, its always been there but I've only just noticed it and wasn't even looking for it..), only backtested it on gbpusd as ive gone back a few years which took ...

Day Trading for a Living

I'm short @ 1.2099, got in on the pullback to the whole number on the 5m, TP is 1.20553....stopped at break even. Back in short @ 1.2096

Day Trading for a Living

Next door has a Sphynx cat, a proper weird looking thing, I've always wanted a strange and unusual looking cat but don't think my dog would approve!! I wouldn't mind an oriental shorthair though, I love those, very clever!

Day Trading for a Living

Stll in profit but a very small profit, not put many trades on this week either and missed a few good opportunitys like that trade from the daily pivot yesterday by not following my rules. Quite frustrating to be honest! lol I'm not a religious ...

Day Trading for a Living

Nice to have ya back! I really need to give myself a kick up the arse after this week, not following my rules, monday is it and they're getting followed to a T, this week out of all the weeks I've been trading has been the one where I've disregarded ...

Day Trading for a Living

It'll come back when it wants food I've been out most of the day and missed that nice downmove, I should of went short at the daily pivot after london opened, could of caught that 100+ pip move, not been sticking to my rules as of late ...

Day Trading for a Living