laptop1 said:Data that came out today was friendly to the market, did not help the short view and with option and futures expires today, the market cold be all over the place..
Its a day trading market today...... I'm going to do a few short term plays, that is, holding from 3 mins to 30 mins
Next semi postion trade will be Monday. Have a good weekend everyone.
karmit said:How is increasing inflation friendly?
laptop1 said:I'm more of reading charts than fundamentals, but with option and futures expires today and the weekend, I want out plus I have an engagement tonight .........There be more trades like the ones I have give...
Did you make money on the news Karmit?
See you guys Monday last post today
Pat494 said:Interesting betting system.
I checked back to November and found that I would have made an extra 7.5% if I had used it.
However I didn't have 2 losers in a row, so If I had had then it would have been a not so nice story. I suppose I am stating the obvious in that you need a low % of consecutive losers to benefit from the system.
laptop1 said:You should go back and test it over 12 a month period. How many wins vs losses you had since Nov?
I have 2 profitable set up that I take advantage of, based on Day Trades...However, the current method I use on this thread work nicely. The only advantage with the set up is big stops are needed.........My day trades, stops are much tighter.
Pat494 said:hi
what were you doing on 14 (doubled) when 13. was a profit ?
typing error ?
I checked back over the last year and would have done better with your betting system, but I did have a bad patch in July with 4 losses in a row, so I think I will stick to straight trades for the time being ! less stressful
klw said:Hi Pat --- Trade 14 was a 2 part trade, first part at £1 a point was a long that went wrong,Laptop then doubled up at £2 a point lower down and went long again and total trade came out at break even.
laptop1 said:Short 12322
Target 80
Stop 80