shadowninja
Legendary member
- Messages
- 5,524
- Likes
- 644
Depends how you made the first bit of profit. High risk or took it easy?
So just to be clear then, you started with £3k (which was your initial deposit, regardless of where it case from). You punted it up to £5k and then did your short on eurgbp £50pp from .8980.
Earlier this morning eur/gbp was at .9046 where you would have been losing £3300, leaving a balance of £1700. So how did you manage to pull out your initial £3k plus £900 profit (30%) ?
I'm sorry to sound disparaging cos reading your thread is certaintly entertaining but what you are doing is nothing more than "sh*t or bust" punting. Risking all on one big trade isnt demonstrating anything other than - Will you get lucky/
I see. That makes much more sense. No need to get all angsty. It was a perfectly fair question.
Well, you're not the first to say he is taking big risks. I'm sure there'll be others in due course. Given that the title states "High Risk" I'm not sure what else needs to be put to make it obvious he know he's taking big risks.
I made the decision over the weekend that this would be my last trade on this thread, so there we go out for -£500.
So we stand at the end of about 3 weeks having taken 3k up to 8.5k. Not bad going really.
There are a few reasons for stopping here.
1) I move to Spain next weekend and so would like to leave on a high, but more practically I won't have interent when I get there, I will have to spend time unpacking next week, and then I need to fly back for work for a few days. So it really isn't going to be feasible for me to trade now for about a month.
2) I want to move the money into a metatrader account and be a little bit more structured about it. I have done a bit of work over the weekend and think I could semi-automate some of this which would make it easier to maintain.
3) Shadowninja has put the desire for an omega watch on the top of my agenda so I want to splash some (free) cash.
4) I think the thread could be done a bit better so I want to have a think about how best to present what I'm doing.
So although I will keep posting I won't be trading now for a while.
I think I will do this again starting with £5k of the profit from here, but on another thread - so if this was interesting to you - keep an eye out for that.
Thanks to those who showed their support.