Up over $9000 today. But only $4000 is from intraday trade. I bought 100 AAPL outs at the money this morning and booked it when it just started going down like mad. I could have made another $3000 if I held it unitl now but I couldn't think straight as I was afraid it would shoot back up. Still holding 100 GM puts that I bought before the close yesterday. I knew that rise was total BS. Always the same story with GM. Whichever direction its going during the week, Wednesday is the top or the bottom for the week and it always retreat back to where it started monday. I was guarding the GM puts with both eyes as I want to take profit fast in any hint of rising back up. I will sell though if the stock does not breakdown anymore in the afternoon. I don't have enough margin of error in case there is good news in the morning tomorrow.
Cheetos, Are you EVER going to post blotter pics of your P/L? I just find it odd that you avoided any comments regarding doing so. Why are you avoiding?
I've read this whole post and it seems you're scalping an avg 10c cents a trade. You say you're using Level 2 to read the MM's, now the only thing that makes me skeptical is that you're trading stocks w/ SUPER THICK size and volatility... what exactly are you looking at in the L2 window??? And all the skepticism in this thread would end if you just posted a blotter.
I find it entertaining that cheetos takes his time to make these elaborate posts about his trades and the thousands he makes day in and day out. I guess all he wants from et'rs are some E-pat-on the backs and some E-compliments about how he is such a genius at scalping. Here's an E-hug to you Cheetos! <3
I just won 10 trifectas in a row at Jai Alai. I'm up 10 grand. I also bet 10 bucks on Barbaro in last week's Kentucky and am up handsomely on that one as well. It's just so hard for me to lose as I gain so much more by winning. I'm a winning machine, constantly outperforming everyone else and the financial markets as well. I'm a win freak who plays the odds with reckless abandon, and just about everything I touch turns into a winner. And I've got a dedicated, believing, gullible audience hinging on to every word I say. What a rush! What a great feeling! Cheetos: Talk is cheap and you know it. So dude, PROVE to us that you are real. Prove to us you're not just living out a fantasy of being a successfull day trader whose making it BIG and enrapturing an audience, all at the same time. I don't think you will be able to prove it and here's why: No one in their right mind would spend hour after hour chonichling their minute-by-minute trades on a message board if they were raking in thousands of dollars; it's just doesn't have the ring of truth to it. The last thing you would want to do is share your incredible successes with a group of struggling traders who, by all accounts, are not making the big time. It just would not happen and we all know it. Dude, you wouldnt have the time, nor the energy to be sitting at your keyboard bragging and boasting all freakin day; instead, you'd be licking your chops quietly, and looking over your shoulder thinking about how to protect your 'treasure' wouldn't you? But look, this isn't all critical. On the positive side, you're a hell of a good writer. So perhaps, you might want to consider doing some pulp fiction? Perhaps, a story about a super rich day trader who has discovered some disutrbing secret on Wall Street ala the Davinci Code. Maybe then, you might have a chance to make some real money. But until then, please. Give it a rest.
First, I didn't realize this message group was full of so many "struggling traders." I thought from the title "elite" meant you guys know what you're doing. So my mistake for wanting to discuss anything with a bunch of novices and jealous losers. Below you will find a screen capture (I really did not know how to do this until I found out that its the print screen key) of the trades I posted by cutting & pasting earlier in my earlier posts. I will add more if you guys need more verification. Another thing I kind of figured out on my own from reading your posts here are that most of you are just don't know what you're doing. Some of you didn't know what level 2 was. Goodness, stop trading before you lose everything. In this game, either you give 120% and make tons or lose everything. Really, this is not for everyone. The game is fixed in a way that if you're not trading for big investment banks or hedge funds, you will almost always lose money. I think there will only be a small fraction of independent traders who can make money on a regular basis.