Grinding it out, day after day

Discussion in 'Journals' started by lescor, Jan 9, 2010.

  1. Bosshawg

    Bosshawg

    i messaged u back in late summer about recommending a good remote prop firm. i was forced to leave assent just when i was gaining traction and it was a very difficult time for me. i've been with echo for 3 months now and couldn't be more satisfied. anyway i came across this cartoon and thought about u and ur thread.......thx again.

    http://www.xtranormal.com/watch/7107529/
     
    #1311     Dec 25, 2010


  2. Echo allows corporate accounts?
     
    #1312     Dec 25, 2010
  3. lescor

    lescor

    On a very slow day maybe half a dozen or less. I don't think I've ever had a day where I didn't have at least one trade, except for days with technical issues that kept me from trading. I don't increase my size though.
     
    #1313     Dec 25, 2010
  4. lescor

    lescor

    No, they don't. But that doesn't mean I can't run my trading operation through a corporation. A good accountant is worth every penny.
     
    #1314     Dec 25, 2010
  5. montysky

    montysky

    I thought they do. Spoke to Gabby a few months back, she told me they do accept LLC accounts, but with minimum 50k deposit.


    BTW lescor, congrats on a kick-ass year (might be just an OK year on your book).
     
    #1315     Dec 25, 2010
  6. montysky

    montysky

    What size of the positions you put on these trades? Fixed share size or fixed dollar amount? What if you have an extremely busy day, with 50 or 80 symbols pop up, do you still keep your same normal size for each symbol?
     
    #1316     Dec 25, 2010
  7. lescor

    lescor

    It all varies, depending on the strategy.
     
    #1317     Dec 26, 2010
  8. Nicely done!

    Lescor, a question if I may. Could you provide, solely in dollar terms, your most profitable trade and your biggest losing trade for each day of any one week? It can be any past week of your choosing that does not stand out for any particular reason, either good or bad. A "typical" week, in other words. I refer solely to intraday trades. I'm not looking for any measure of reliability or averages as it relates to your various strategies. Rather, I would just like a glimpse at their boundaries.
     
    #1318     Dec 26, 2010
  9. Dr Who

    Dr Who

    Well done Lescor and thanks for the fred.

    Have you used StockFetcher ? It some similar functionality to Trade Ideas but seems to be a darn sight cheaper.
    Also, since you've used Trade Ideas in the past, have you tried their automated algo trading ?

    Happy Christmass btw and hopefully next year will be as good for you as this one has been....
     
    #1319     Dec 26, 2010
  10. volente_00

    volente_00



    How much BP on average did you use to achieve this ?
     
    #1320     Dec 26, 2010