PDT Limitations

Discussion in 'Journals' started by Phxtrader, Oct 23, 2005.

  1. Mon................ -$58
    Tues............... $4
    Wed............... -$260
    Thurs.............. -$120
    Fri................... $0

    Unrealized -$128

    P/L week -$464


    Ending bal. $3480

    amd -58....tqnt -260....onnn -120

    I was very careless, duh, onnn and amd were profitable, tqnt .......multiple mistakes...
     
    #21     Dec 16, 2005
  2. Mon................ $44
    Tues...............-$5
    Wed................ $0
    Thurs.............. $0
    Fri................... $73

    Unrealized ~ -$205

    P/L week $117


    Ending bal. $3520



    Haup 44 Rfmd -5 Agix 95 Snkd -22

    Merry Christmas all!
     
    #22     Dec 23, 2005
  3. Week ending 12-30-05

    Mon................ Closed
    Tues............... $14
    Wed............... $0
    Thurs...............$0
    Fri....................$43

    Unrealized...... ~ -$321

    Realized.......... $57

    Ending bal. $3457 .....down $61

    Vlo....14
    Rgen......43

    Dec. P/L.........-$492 ...... 12.5% loss

    Made a couple of mistakes that pretty much ruined this month, one order entry(tqnt) and taking on to large of a position several times.......I've since back off.
    .........................................................
     
    #23     Dec 30, 2005
  4. What are you using to determine your entries and exits.

    Indicators, S&R, Flipping a coin... what?

    So far you are trading a system.... but any information would actually make this thread useful, how you are trading, how many trades you average per day, and yap yap yap.

    But good going so far, when I gave up on stocks because of the 25k rule, and switched to futures.
     
    #24     Jan 1, 2006
  5. Jmowery,


    For stocks I hold for more than a few days, I like to look at the trend on a weekly chart using MA, RSI and go with the trend. For day trade scalping I use everything except flipping a coin.

    As far as this not being a useful thread, that hasn’t stop anyone else, lol. I just started this to keep track of my results, not how got them, and since I’m having to deal with PDT rule, you can see I only complete two or three trades per week, sometimes less. Good luck to you on your futures trading in 2006
     
    #25     Jan 3, 2006
  6. the results are good so far. can u disclose your commission rate? and how much volume u do on the trades?

    thx
     
    #26     Jan 3, 2006
  7. Dividend,

    Thanks, I use IB so I’m paying .005 per share. The volume varies, I’ve done as few as 50 and several 1000 share trades.
     
    #27     Jan 3, 2006
  8. Week ending 1-6-06

    Mon................ Closed
    Tues............... $0
    Wed............... $24
    Thurs.............-$32
    Fri....................$55

    Unrealized...... ~ -$45

    Realized.......... $47

    Ending bal. $3780 .....up $323

    Peix.......24 st
    Pmcs......-32 st
    Rfmd.......60 dt

    st/swingtrade.......dt/daytrade
    Big improvement in the unrealized vs last week.
    .........................................................
     
    #28     Jan 6, 2006
  9. Week ending 1-13-06

    Mon................ $0
    Tues............... $129
    Wed............... $4
    Thurs............. $0
    Fri.................. $0

    Unrealized...... ~ -$85

    Realized.......... $133

    Ending bal. $3848 .....up $68

    Syxi.......110 st/l
    Vrtx.........19 st/l
    Mesa........4 dt/s

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
    Nudged over 4k on Wednesday, then gave it back the next two days.
    .........................................................
     
    #29     Jan 13, 2006
  10. Week ending 1-20-06

    Mon................ Closed
    Tues............... $0
    Wed............... $0
    Thurs............. $50
    Fri.................. -$38

    Unrealized...... ~ $16

    Realized.......... $12

    Ending bal. $3961 .....up $101

    Added ........$200 cash

    New bal......$4161

    Syxi....... 46 st/l
    Bexp......... 6 st/l
    Peix........ 24 st/l
    Trad....... -60 dt/l

    Had a big improvement in the unrealized P/L.....until today, drop about $150 today, but still happy with this weeks results.

    st/swingtrade.......dt/daytrade
    L.....long................S.....short

    .........................................................
     
    #30     Jan 20, 2006