Trader P/L 2005

Discussion in 'Journals' started by Diamondtrim, Jun 6, 2005.

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  1. I think you get heat because of how you post things. I believe you make what you do but your attitude offends people and it makes them feel like your pulling there leg. Like I know Dustin and Mschey do well but they don’t post it in away that will belittle other people’s hard work. I only trade a few hours a day to and I think it’s smart. So I am basically saying you don’t have to share what you eat for dinner just put P&L and say it was a good or bad day.
     
    #1891     Oct 28, 2005
  2. dt account: +260
    stf account: +630

    another ulcer day, its the futures
     
    #1892     Oct 28, 2005
  3. karsat

    karsat

    nothing special today...
     
    #1893     Oct 28, 2005
  4. Horrible day although the end total is fine. I feel so dirty! Fagged pennies on CCU at the close swifttrade style to make about 400 bucks. Sad, but cash is cash i guess, it just takes no skill and i feel like a credit whore.
     
    #1894     Oct 28, 2005
  5. + 1206.18

    Have a god weekend all.
     
    #1895     Oct 28, 2005
  6. This is what happens when you trade away from homw with only one monitor and one chart.

    I may start doing this more often.

    MM
     
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    #1896     Oct 28, 2005
  7. aqtrader

    aqtrader

    +72
    650 shares
    Following the same pattern for this week. Did nice first two trades then started made errors and mistakes for the rest of the day. Bought CBI was an error. I wanted to buy at 20.26 but entered at 21.26. I noticed this error, then exited at small loss. But when CBI was keeping going down, I wanted taking a chance to win back my loss, then I bought at 20.74 again. This was wrong and broke my entering rule. It continued crashing. I hold. When finnally it dropped below 20.26. I doubled my position at 19.91. It was wrong again because my system tells never double NYSE stocks. I started feeling bad. This caused me another mistake to exit all CBI at whatever price it was there. Soon after I exited, it bounced back to the pre-defined selling price above 20.39. This is a lessen and a cost of penalty not following rules.

    After all, this week is not bad.
    Week Summary:
    up for all 5 days.
    Net P/L: 417.28 (Simulation system profit 671.00. I am close).
    Total number of trade: 46
    Net P/L per trade: 9.07
    Worst trade: -72.07
    Best trade: 67.84

    Big issue: 1. Missing many great trades due to bad exits. 2. The amount of loss of the worst trade is more than the best trade. I know the reason is simply I tend to take profit instead of holding winners to the end of the day in fear of the gain is diminished.

    Plan for the next week:
    Keep trading small. If the performance can be improved steadly and getting closer to the simulation system., I will increase the risk parameter by about 30% and so the expected profit hopefully will be 30% more.

    Here is today's trade:
     
    #1897     Oct 28, 2005
  8. Just couldn't make that extra 12 cents. It's not exactly Mill Man type cash, but I'll take it.

    Mill Man who needs more than 1 chart when it's a chart of NVAX?
     
    #1898     Oct 28, 2005
  9. mrbud

    mrbud

    My idol.

    I just threw the other three out the window.
     
    #1899     Oct 28, 2005
  10. karsat

    karsat


    Millenium,
    Your trading skills are amazing.....yes I agree the more charts and indicators the more we get confused......awesome job.
     
    #1900     Oct 28, 2005
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