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Last Day of Songran!

Good Morning

I think I have said enough about recent events but I have been in contact
with my lawyer, not even bothering with a solicitor. Unless they settle I
will see them both in court. Today is the last day of Songran and I hate
it! Not much fun going outside and getting sprayed with water but its
Thailand and so be it. The last week has been very difficult but I still
made money but that is me done for the week.

I am not trading today as usual on a Friday the room and service will be
back on Monday. I am off out to get drunk, wet and have some fun and yes I
will be buying a water gun and giving as much as I get!

I once lived on a loaf of bread and 1 plate of chips for 1 week! Whilst
sleeping somewhere you really don’t want to know about! I never forget
where I came from and now I have a lot, live in a great place and make
money every day for the right reasons! So time for some fun.

Simon and Michael I wish you all the best but make sure you answer your
letters as you really need to do so!

The money I get will be going  to charity. BTW I will win! As you both dont have a leg to stand on! But 50K should help the homeless quite a bit.

News today we have? Well basically nothing so I expect a very quiet market
and levels are really out of the window.

Markets been tricky this week but if you really want to trade I would be
very careful as its been really choppy yesterday and I cant see what to do
today. So I will not be trading as I hate Fridays, almost as much as I hate getting wet and sprayed with white powder!


So let’s come back on Monday and make some money for the right reasons!

Many thanks for your emails of support and they are appreciated and I will
answer over the weekend.

Mike L

Recent Events Day Trading The FTSE100

To Simon and Michael Whilst I respect you both Simon I will be making an official complaint and I dont care if I win or not you both went behind my back and what made it worse was the timing! Is that not a pre meditated crime! Yes I know is not criminal butI can bring a civil case as you both abused my respect and my members email list which is my property!  

That will be the bias of my case as you should not have used my list! 100% you are both guilty ok set up your own sitebut using MY members list makes you 100% guilty. I know not going to cause a massive problem as that is not my style but there was no need to do that. I trained you both and had respected you but what you both have done has left me no choice. So I will be suing you both for every member that has joined you for 12 months and all the info that you have gained for me! It will be at least £50K.

So both expect a letter from my lawyer and yes Simon I am sorry to say I will have to send a copy to your Chief Officer I have his name, which I did ask you for but the internet is good!

I am not doing this for the money, I dont care about the money its about respect, after all have you forgot who taught you to trade?

I will be giving the money to charity!

Good luck!

Mike

Todays Members Email – But Please Think About The Boston Marathon!

Good Morning

I not been sleeping as usual and I have been thinking if what has been done
to me is in fact illegal. A police officer should know better! I have asked
for his chief officer details but no response! What a surprise, but I can
find it for myself but using my email list was 100% wrong.

But then I turn on CNN this morning and see the Boston bombings and that
puts life into perspective I guess.

My head has not been in the game recently but I will be back this is what I
do. I could tell you a few things about my past that would have you shocked
(nothing bad) but I have slept rough and not even had money to buy a loaf
of bread, at one point I had to turn my sofa over and cut the back to get
any change that had fallen down to get some milk for my young daughter!

That is living life. I walked away from £60K a year to do this and what
has happened is 100% wrong! They have no right especially when Simon has
told me for months that he hates and wanted me to get rid of one of the
moderators! Talk about 2 faced and yes I am pissed!

This is not an easy business no one will ever say it is, but I make money
every month 100% fact!
I better stop my rant now but I am due some answers but I don’t expect
any as cowards hide behind emails!

Today on the open I would be careful as we had a big sell off over night!
But I will wait and go long as the market will go back up but if we see a
quick sell off we may get a further drop first but 6250 will be key so as
usual I will trade what I see. But I will be scaling into longs for 10-20
points and that will be me done as that is all we need to do with the
spreadsheet!

We do have UK retail sales out this morning but not a lot else but I would
expect some buyers to come in on the open as they will think the market is
cheap as long as we don’t break the 35 level I will be long from the
open.

Wonder what the 3 others will be doing? Nope I do not! But using my email
list is illegal and that is not correct!

What goes around comes around

Mike L

Onwards and Upwards Day Trading the FTSE 100

This was todays members email.

Well we got it a correct yesterday but the market was basically range bound.

To be honest as I am all the time I am still shocked at recent events but I will come out stronger! I like to keep myself to myself but I was homeless and slept on the streets when I was 18 but nothing ever gets me down. I built myself back up to having 4 houses, got a 2:1 degree (with no 0 levels) and then a job earning 60K a year plus and then doing this which is not easy! I also designed and wrote a software program that turned over £250K and is still going. I do not do anything other than 100%.

But that is the point nothing in life is easy which is why all the “Get
Rich Quick” PDF’s we all get are all rubbish! The FTSE moves in
predictable moves most of the time and that is why this is all I trade.

I would like to say good luck to the people that have left, but the better
people have stayed as I have proved over the last 2 years I make money
every week! But yes no one can win all the time its imposable its just a
fact! I have been stupid busy with my house sale which has taken my eye off
the ball! News wise today we have we high impact UK data at 8am, should be
key on the open and I have no bias for the London session for once I am
happy just to watch price and trade what I see! That last sentence is the
most important trading sentence you will ever get.
Trade what you see! But I will tweet what I am doing as usual!

Mike L

Been a difficult few days – but all is not over!

Hi

There has been a lot going on recently but for all the negative always comes a positive and this is what I received this morning and its used with permission. I would never say bad about anyone but what goes around comes around and that is a fact.

Hi Mike,
Firstly keep up the good work, I do find it amazing how greed and a little success can change people, having dealt with this exact issue  within my own business I know how betrayed you must be feeling. I don’t know what has been going on behind the scenes, and frankly I can’t  see how the three musketeers  can justify their actions to themselves! waiting for you to get on a plane before hatching their “cunning plan:, you could say intellectual  property, theft of mailing list’s ect but I am sure “Karma” will come into play along the road.
As you said in your email mike, you built the site up on your own from nothing, and did not need to poach or take other peoples hard work in order to achieve your goal. I did laugh this afternoon when I got a ” join now !!!! Before the rate goes up email!!!” I guess somethings you say were not learnt by them.
Anyhow on with the future, I know its going to be hard for you to keep things trucking from the other side of the world, so I am happy to through my hat into the ring (along with may others I am sure) I am not looking to become another “Simon”
Ha ha but I am happy to help you with whatever you want, I can monitor the room from my office most days and as I have said before if you need server space I have several barley ticking over.
Let me know if I can help in any way? It would be good to come back stronger if not just to teach a few lessons…
Cheers
Simon

Getting paid 2 trade

This video explains how you can get paid for trading exactly as you do now. We have taken up this offer and recommend you do too.

Any questions email me at simon@ftseday.co.uk

Happy Easter – Members Feedback

Hi

Well all know that this industry has a lot of “Fancy” systems and software backed up with long winded sales PDF’s and no not all of them are bad but the simple fact is that a lot are people just out there for a quick sell. Its because a lot of the industry runs like the market its all about fear and greed.  Its not an easy industry to operate in, and there is nothing better than getting members feedback.

Part of our service is to 1:1 Skype session to our members and I am always surprised how few members take us up. So today was a pleasure to spend 40 mins on Skype just answering questions and offering advice and then to receive the following email afterwards it makes what we do worthwhile! (its used with permission)

Thank you so very much for our skype session earlier, i’ve told the room that i’m in love with you and that the skype session was brilliant.  Haha, Fiona says she loves you to, and Atiff wants to skype with you as well.
Seriously though, you are brilliant.  I’m now sitting in front of my two clear as day charts, with your ftseday set up on them, smiling.  And that’s down in the main, to you.  I feel i’ve finally got a set up that I can trade, you talking me through it helped immensely.  Your no-nonsense logic and calm approach to risk I think will make me into the trader I so want to become.  And the spreadsheet, well that will monitor my path to get there.   This is the first time ever, that I can ‘see through’ the candles.  Its amazing, a real eye opener.
An audio recording of our conversation would be invaluable.
I also wanted to say,  Simon’s trading the zone calm philosophy has helped me no end, I downloaded the audio book the moment he told me, and have since listened to it three times.  Also Michael s slow doodle approach and way of recording trade plan attitude and executions is excellent.     And now i move onto the spreadsheet.   It gives me full accountability and understanding, with goals & targets.  Its fantastic.  I know exactly where i am with it, and what i have to do.  I know that despite winning 80% of my trades, I am only just above b/even and thats due to risk reward.  The chart set up you’ve given me will take care of the risk reward now i feel.  Increments of 10 that’s all it takes.
If you do know of any free video recording software, that would be great.  Who knows, i might one even get one of my videos up on the ftseday website :-)  Now that would be cool.
Anyway,
Hugs and thank you.
Still smiling
Kate
Thanks very much Kate, this is what we look to do, day in and day out. Have a good break all and we will look to same the next week and week in week out.
Mike L

 

Birmingham Meeting Details

Hi I have sent out emails but here are the details again for this Saturday.

The timings for the Conference are:

12.00 Delegates arrive

12.30 Serve lunch and refreshments

13.00 Conference commences

14.30 Refreshments

16.00 Refreshments

18.00 (approx.} Close

If anyone wants any more details just send me an email.

The venue is:

Copthorne Hotel Birmingham

Paradise Circus

Birmingham, B3 3HJ

United Kingdom

 

Mike L

 

Tuesdays Trade

Hi

I have been busy over the last few days and had a few members ask about my trade from yesterday so here are the details. Have a look at the charts and if you can see why. If not email me and I will explain.

Birmingham is full and thank you for all your support, it will be a good day and I will be so much out of my comfort zone. But thanks to Simon and Michael C for helping out it will be a good day. Yes its at cost I have had a few emails from other services saying why we doing it for no profit but there again they dont get what we do.

As usual if any questions just send me an email at Traders@FTSEday.co.uk and I will do my best to help.

Mike L

Dear Mr Michael Lucas,

Capital Spreads is pleased to confirm that the following trade was successfully executed:

Account : xxxxxx
Ticket : 26820960
Asset Type : Spread Betting
Market Name : UK 100 Rolling Daily
Stake :20.00
Action : Sell
Price : 6452.5
Market Expiry : 8/11/2014 16:30:00
Trade Executed : 19/3/2013 09:07:06

The above trade has closed/part closed the following positions: 

This position was closed :

Trade No : 26819435
Asset Type : Spread Betting
Market Name : UK 100 Rolling Daily
Created : 19/3/2013 08:00:30
Amount : 20.00
Action : Buy
Price : 6442.3
P/L : 200.20 (GBP)

Total Profit/Loss :
200.20 (GBP)

If this is an opening trade, please check your Order Book to review the level of your automatically generated stop loss order.

If you have any questions about this trade, then please contact Customer Support.

Kind regards,

Customer Support

 

Free Q&A Session – Sunday

Good Morning

We don’t normally do a weekend email but just to let you know that I am
doing a live Q&A session today (03/03/13) at 10am in our live room URL is
https://ftseday.omnovia.com/ Password is FreeSunday. Room will be open from
about 9.30am I will be going through our trades for the week and the FTSE
in general and then open Q&A session.

It will be recorded and posted in the members’ area for those that
can’t attend please check out the recording when you have time. In fact I
may post some of it on UTube.

It’s open to members and guests and please come with plenty of questions
otherwise I will just have to rant. Only joking it just makes the session
better for all if you bring lots of questions.

Any questions etc just send me an email and as usual we are here to help.

We had a good week and another winning one for the right reasons.

BTW I still expect to see 6400 at some point next week and as usual will be
trading live in our room, and on the members twitter feed.

Have a good weekend

Mike L

Trade safe

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