Building Profit questions.

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Blackrat70
Posts: 3
Joined: Mon Sep 22, 2014 11:40 pm

I have been trading now for approx 4 days and am getting a reasonable strike rate. Today was my best day and I am starting to (hopefully) get a feel for reading the charts and placing my trades. Today I was running £50 trades through on predominately the favourites. My question is - How is it possible to get a potential return of £10 + per market? I know that some of you experienced guys are getting some respectable returns. However I seem to run out of time to build the profits. Are you running larger trading amounts or is it through volume? Should I be putting through more trades in around the tick movements? I would be chuffed to get close to £6-8 per market.

I am going to Peter Webb's masterclass next Monday so know doubt will pick a multitude of strategies and skills. But be great to learn about your personal experiences or tips. I am very risk aware so maybe I am just to hesitant.

I have been running a bank of £200 but can increase this if required to put through larger trades.
marko236
Posts: 737
Joined: Fri Jul 12, 2013 11:54 am

Blackrat70 wrote:I have been trading now for approx 4 days and am getting a reasonable strike rate. Today was my best day and I am starting to (hopefully) get a feel for reading the charts and placing my trades. Today I was running £50 trades through on predominately the favourites. My question is - How is it possible to get a potential return of £10 + per market? I know that some of you experienced guys are getting some respectable returns. However I seem to run out of time to build the profits. Are you running larger trading amounts or is it through volume? Should I be putting through more trades in around the tick movements? I would be chuffed to get close to £6-8 per market.

I am going to Peter Webb's masterclass next Monday so know doubt will pick a multitude of strategies and skills. But be great to learn about your personal experiences or tips. I am very risk aware so maybe I am just to hesitant.

I have been running a bank of £200 but can increase this if required to put through larger trades.
With a £200 bank most of the good traders would do well to make £20 per day, you are not risk aware one bad trade will do big damage to your bank using £50.
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