USA President's day holiday today. Not trading. I am a momentum scalper and when the volume is lighter, there is less momentum. Remember from your physics class that momentum is "speed x mass." In trading, the corollary is "speed x volume," with the volume replacing the mass component. For example, with 1/2 of the volume, there are only about 1/2 of the traders fighting back, and the big boys can probably move prices twice as far (if they want). On the other hand, with low volume, it is much easier for them to play the "whipsaw/reversal game." Be careful out there today.
It’s not curiosity about your “system.” I asked because you can manufacture any numbers you like on a spreadsheet. We don’t need to see anything other than your AMP front end.
I was following you along in the beginning. I think I posted the case for skepticism. You changed the format of your reporting, so you brought it upon yourself. And only you can fix it. It's your journal.
Hey poppy, I know sstheo personally and for the last year have witnessed the majority his trades and trading style in detail as he makes them. I promise you "He is the real deal". How about you?I
That's the issue...it is his trade journal and he can post whatever format of verification he wants considering there's no international standard nor rules for such here at Elitetrader.com I've seen spreadsheet and snippet (excerpt) or whatever. Yet, the word blotter usually involves a screenshot of all timestamp trade fills (quantity, entry / exit) although today some misuse the word blotter when they should be using the word snippet (excerpt). An example of a blotter would be Overnight sim trade journal @ https://www.elitetrader.com/et/threads/the-bs-sim-journal-add-your-own-bs.327728/ In contrast, a snippet usually presents just a profit / loss column which is what you usually see posted here at Elitetrader.com as shown in the typical trade journals. Some people have trade journals with either a spreadsheet, blotter, snippet or broker statement. The few that do all of the above (crazy)...they must have a ton of free time. Regardless, most broker statements can be faked and if real...they usually only come out late at night. Whereas a redacted screenshot of timestamp trade fills in the broker trade execution platform soon after completing the trading day...less likely to be faked because he would have to be a genius graphic artist to recreate all those numbers in a blotter soon after the last trade. Seriously, take a look at Overnight's sim trade journal...that's a blotter. Someone can not fake all of those trade transactions. My point, I prefer a redacted screenshot of the timestamp trade fills in the broker trade execution platform as the blotter over any broker statement and over any small snippet image. Regardless, at the end of the day...sstheo chooses whatever format he wants that doesn't consume his personal life to just make a spreadsheet, blotter, snippet or broker statement. P.S. Trade journals are either education or verification of trade performance. Its rare to find someone trying to do both educational and verification of trade performance. Educational trade journals are obviously the most popular because the viewer is gaining free knowledge whereas verification of trade performance trade journals tend to be boring. P.S.S. Did sstheo explain why there's the gaps in his trade journal that you stated had occurred ? (vacation, illness, personal time away from the markets, holiday in his country) wrbtrader
Bill Gates, Elon Musk and Steve Jobs are not traders. Warren Buffet is an investor...not a trader. Simply, do you believe you can be the next Bill Gates, Warren Buffett, Elon Musk or Steve Jobs ? wrbtrader