Double your money the easy way

Well, I've been looking at this thread as well as the FTSE 100 scalping and actually managed to double my money in around 1 week. It's a fantastic result for a beginner like me.
Now, don't get jealous, my account is still tiny (under £1000).

One thing I noticed, scalping with tight stops is really hard work. I prefer swings much more.

I am really grateful for all the tips / pointers / comments etc. Keep up the good work !

This is the trading history, if anyone's interested. I had a birthday bonus there - a free bet of £5 per point.

Transaction Date Ref. No. Action Description Amount Open Period Opening Closing P&L Balance
16/09/2011 16:29:46 4871269 Trade Receivable UK 100 - Daily Rolling Future -1 16/09/2011 16:14:39 5353.5 5343.3 10.2 606.4
16/09/2011 15:51:49 4869771 Trade Receivable UK 100 - Daily Rolling Future -1 16/09/2011 15:42:26 5350 5335 15 596.2
16/09/2011 12:04:15 4862134 Trade Receivable UK 100 - Daily Rolling Future 1 16/09/2011 12:00:02 5353.3 5353.3 0 581.2
16/09/2011 11:15:53 4860947 Trade Receivable UK 100 - Daily Rolling Future 1 16/09/2011 08:50:08 5336.5 5346.5 10 581.2
15/09/2011 15:19:32 4848149 Trade Receivable UK 100 - Daily Rolling Future -1 15/09/2011 15:07:52 5336.5 5336.5 0 571.2
15/09/2011 12:53:48 4842435 Trade Receivable WALL STREET - Daily Rolling Future -1 15/09/2011 12:37:13 11236 11236 0 571.2
14/09/2011 16:11:49 4828032 Trade Receivable UK 100 - Daily Rolling Future 1 14/09/2011 15:12:45 5207.3 5207.3 0 571.2
14/09/2011 12:33:07 4819711 Trade Receivable UK 100 - Daily Rolling Future 1 14/09/2011 09:32:37 5154 5232.5 78.5 571.2
13/09/2011 16:45:15 4804365 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 14:43:03 5123.8 5164.8 41 492.7
13/09/2011 14:27:09 4799279 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:54:12 5095.5 5136.5 41 451.7
13/09/2011 12:51:04 4796419 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:47:44 5095.5 5095.5 0 410.7
13/09/2011 12:46:31 4796202 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:24:39 5096.3 5100 3.7 410.7
13/09/2011 12:21:15 4795167 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 09:06:37 5087 5087 0 407
13/09/2011 10:11:39 4791240 Trade Receivable UK 100 - Daily Rolling Future - FREE BET 5 13/09/2011 09:57:35 5067 5088 105 407
13/09/2011 08:52:51 4787969 Trade Payable UK 100 - Daily Rolling Future 1 13/09/2011 08:04:16 5141.3 5091.3 -50 302
13/09/2011 08:02:07 4785845 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 08:01:21 5167 5167 0 352
12/09/2011 16:28:56 4779285 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 15:30:52 5110.8 5117.8 7 352
12/09/2011 15:01:13 4776199 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 11:05:59 5083.5 5123.8 40.3 345
12/09/2011 11:03:17 4768568 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 10:35:47 5082.3 5082.3 0 304.7
12/09/2011 10:33:58 4767725 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 07:28:31 5085.3 5090 4.7 304.7
09/09/2011 14:37:37 4745810 Trade Payable UK 100 - Daily Rolling Future 1 09/09/2011 14:29:55 5253.8 5233.3 -20.5 300
 
ordinaryguy76 said:
Well, I've been looking at this thread as well as the FTSE 100 scalping and actually managed to double my money in around 1 week. It's a fantastic result for a beginner like me.
Now, don't get jealous, my account is still tiny (under £1000).

One thing I noticed, scalping with tight stops is really hard work. I prefer swings much more.

I am really grateful for all the tips / pointers / comments etc. Keep up the good work !

This is the trading history, if anyone's interested. I had a birthday bonus there - a free bet of £5 per point.

Transaction Date Ref. No. Action Description Amount Open Period Opening Closing P&L Balance
16/09/2011 16:29:46 4871269 Trade Receivable UK 100 - Daily Rolling Future -1 16/09/2011 16:14:39 5353.5 5343.3 10.2 606.4
16/09/2011 15:51:49 4869771 Trade Receivable UK 100 - Daily Rolling Future -1 16/09/2011 15:42:26 5350 5335 15 596.2
16/09/2011 12:04:15 4862134 Trade Receivable UK 100 - Daily Rolling Future 1 16/09/2011 12:00:02 5353.3 5353.3 0 581.2
16/09/2011 11:15:53 4860947 Trade Receivable UK 100 - Daily Rolling Future 1 16/09/2011 08:50:08 5336.5 5346.5 10 581.2
15/09/2011 15:19:32 4848149 Trade Receivable UK 100 - Daily Rolling Future -1 15/09/2011 15:07:52 5336.5 5336.5 0 571.2
15/09/2011 12:53:48 4842435 Trade Receivable WALL STREET - Daily Rolling Future -1 15/09/2011 12:37:13 11236 11236 0 571.2
14/09/2011 16:11:49 4828032 Trade Receivable UK 100 - Daily Rolling Future 1 14/09/2011 15:12:45 5207.3 5207.3 0 571.2
14/09/2011 12:33:07 4819711 Trade Receivable UK 100 - Daily Rolling Future 1 14/09/2011 09:32:37 5154 5232.5 78.5 571.2
13/09/2011 16:45:15 4804365 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 14:43:03 5123.8 5164.8 41 492.7
13/09/2011 14:27:09 4799279 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:54:12 5095.5 5136.5 41 451.7
13/09/2011 12:51:04 4796419 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:47:44 5095.5 5095.5 0 410.7
13/09/2011 12:46:31 4796202 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:24:39 5096.3 5100 3.7 410.7
13/09/2011 12:21:15 4795167 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 09:06:37 5087 5087 0 407
13/09/2011 10:11:39 4791240 Trade Receivable UK 100 - Daily Rolling Future - FREE BET 5 13/09/2011 09:57:35 5067 5088 105 407
13/09/2011 08:52:51 4787969 Trade Payable UK 100 - Daily Rolling Future 1 13/09/2011 08:04:16 5141.3 5091.3 -50 302
13/09/2011 08:02:07 4785845 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 08:01:21 5167 5167 0 352
12/09/2011 16:28:56 4779285 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 15:30:52 5110.8 5117.8 7 352
12/09/2011 15:01:13 4776199 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 11:05:59 5083.5 5123.8 40.3 345
12/09/2011 11:03:17 4768568 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 10:35:47 5082.3 5082.3 0 304.7
12/09/2011 10:33:58 4767725 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 07:28:31 5085.3 5090 4.7 304.7
09/09/2011 14:37:37 4745810 Trade Payable UK 100 - Daily Rolling Future 1 09/09/2011 14:29:55 5253.8 5233.3 -20.5 300
Click to expand...

Well, start a "double your money in a week" thread, and call out your trades. Then we can all follow and make a truck load.
 
BeginnerJoe said:
Well, start a "double your money in a week" thread, and call out your trades. Then we can all follow and make a truck load.
Click to expand...

I'm just a beginner and I'm following the advice of others. I don't feel too confident to give advice or ask others to follow me. If I ever get to £1000, I might start a journal with live calls. Even if I lose it all, it should still be interesting.

My (limited) experience tells me that there is something in DC's method, though.
 
BeginnerJoe said:
Where did that £200pp guy go ? I am dying to know if he made millions yet.
Click to expand...

Apparently hes short 200gbp pp from 11200 and pissed with ig for making the price go to 11520. His stop was at 11450 and he feels the fill was unfair and that the only reason the price got there was because ig put their price there.

He's busy writing his, how to deal with a 50k loss? and he's given ocean finance a call to deal with his debt problems.
 
Doubling money is easy: start with $10, make $10 more by getting 1 tick in futures (minus commission) and you have $20... then again, most brokers won't allow you to start with only $10, lol.
 
looking to exit in not to distant price should come tomorrow or early friday

if we get low 10900s in globex I'll take that
 
if FTSE gets down around 078 then will look to exit trade 10942 or below
 
limit order in to buy FTSE @ 5078 and DOW @10824 prices seem out of kilter I know but I expect the FTSE buy target to hit first and DOW to hit on spike
 
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