Take a look at this chart of the S&P 500. We sold just below the top and got out with our profit just a few minutes later. CHECK THESE FIGURES OUT - THIS IS WHAT I ACTUALLY DO ........
Tamia Says:
Get comfy, and imagine.......... Allow me to introduce myself - I'm Matt Sharp. I've traded for ten years now, the first few were all about learning - making small mistakes - I progressed until I could scrape a profit most months, but it was touch and go. Some months still rewarded my efforts with a nasty loss, I never could rely on the profits as they came and went. I tried every trading system known to man, or so it seemed!
Zane Says:
A wet and windy lunchtime arrived and I sat down with Steve, eagerly anticipating the secrets he would reveal. He worked for a large hedge fund and ran a (for them) small speculative account trading the S&P 500 index. Unlike most traders who run huge funds and make tiny percentage profits, the likes of which we mere mortals could never hope to copy, Steve's trading was all about making a small
Tyshawn Says:
a point where it's over-stretched itself and needs to make a small "correction". That's our profit and it's much more reliable than "trends". To go from trading one contract and risking $190 to trading 175 contracts and risking $26,000 per trade is just not mentally possible in that short amount of time. BUT, there's no reason why you shouldn't slowly increase to say trading 10 contracts by the end of 12 months and making $20,000 per month.
Kenya Says:
Jenny (Austin) On 4 days we have a losing trade so we now simply aim to break-even. So $0 (-$10 after comm)
Byron Says:
You'll get a instantly downlaodable 17 Page Ebook My first trade, buying then selling a Soybean call option made me $200 profit. Easy or what?
Jayvon Says:
fivetictradinglink And this one, where we again sold but this time the market went against us - but nowhere near our stoploss- then went down nicely to our Profit Target.
Tomas Says:
I arranged to get daily data, got a charting package, opened a trading account, and off I went. I was a trader - or so I would have liked to believe. On 11 days the system returns a full profit of $110 on two trades. So $220 ($200 after commision)
Take a look at this chart of the S&P 500. We sold just below the top and got out with our profit just a few minutes later. CHECK THESE FIGURES OUT - THIS IS WHAT I ACTUALLY DO ........
Get comfy, and imagine.......... Allow me to introduce myself - I'm Matt Sharp. I've traded for ten years now, the first few were all about learning - making small mistakes - I progressed until I could scrape a profit most months, but it was touch and go. Some months still rewarded my efforts with a nasty loss, I never could rely on the profits as they came and went. I tried every trading system known to man, or so it seemed!
A wet and windy lunchtime arrived and I sat down with Steve, eagerly anticipating the secrets he would reveal. He worked for a large hedge fund and ran a (for them) small speculative account trading the S&P 500 index. Unlike most traders who run huge funds and make tiny percentage profits, the likes of which we mere mortals could never hope to copy, Steve's trading was all about making a small
a point where it's over-stretched itself and needs to make a small "correction". That's our profit and it's much more reliable than "trends". To go from trading one contract and risking $190 to trading 175 contracts and risking $26,000 per trade is just not mentally possible in that short amount of time. BUT, there's no reason why you shouldn't slowly increase to say trading 10 contracts by the end of 12 months and making $20,000 per month.
Jenny (Austin) On 4 days we have a losing trade so we now simply aim to break-even. So $0 (-$10 after comm)
You'll get a instantly downlaodable 17 Page Ebook My first trade, buying then selling a Soybean call option made me $200 profit. Easy or what?
fivetictradinglink And this one, where we again sold but this time the market went against us - but nowhere near our stoploss- then went down nicely to our Profit Target.
I arranged to get daily data, got a charting package, opened a trading account, and off I went. I was a trader - or so I would have liked to believe. On 11 days the system returns a full profit of $110 on two trades. So $220 ($200 after commision)
Steve (Tampa) So, where to now ?