Trader P/L 2005

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

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  1. I only post net profit, I agree it wouldnt make sense to just post a gross # without the shares #.

     
    #2121     Nov 18, 2005
  2. monee

    monee

    What really would make sense is besides net profit what is the % gain on account.
    But it is understandable most people would not want to post that.
    $1000 profit on a $15,000 account is quite different from a $1000
    profit on a $60,000 account
     
    #2122     Nov 18, 2005
  3. ppl posting here most likely have access to 30:1 leverage. % gain on account would not make sense.



     
    #2123     Nov 18, 2005
  4. is that right?

    +59,525.00 ???


    man, you're doing something right....

    I could learn from you? how about the rest of you guys?
     
    #2124     Nov 18, 2005
  5. i could learn also. lets get him to come to the trading expo in vegas and put on a seminar.
     
    #2125     Nov 18, 2005
  6. man!

    what did you guys do?


    can you pm me your trade blotter, just out of curiosity?

    hey, you and Lescor, enjoy the accolades, as you two have earned them!
     
    #2126     Nov 18, 2005
  7. Very Nice.
    Multiple PROPS!

    I will hope to match that soon.

    $60k is around
    2 1% days with 125 contracts.

    Very nice once again.

    Good goal for me to reach.
     
    #2127     Nov 18, 2005
  8. I second that. If you guys don't mind sharing, that is. You fellas are amazing.
     
    #2128     Nov 19, 2005
  9. lescor

    lescor

    There's not really much to share. Friday was an anomoly, a gift from the trading gods. You just had to be in line at the right time to get it.

    I show up every day and execute the same plan in the exact same way. I have good and bad days and weeks, go through the valleys and over the peaks. I've executed the same plan almost daily for close to four years now. Friday was an outlier, but is textbook proof of the adage "you have to be in to win".

    For what it's worth, I had 54 positions totaling about 200,000 shares. Return on account value is a meaningless number since I basically have as much intraday leverage as I want.

    I'll teach it all in a seminar when it stops working :)
     
    #2129     Nov 19, 2005
  10. Magna

    Magna Administrator

    Corey,

    Thanks for taking the time to give a brief explanation but, guys, we can't turn this thread into a specific strategy discussion. If you want to take this further you will need to contact lescor privately (via PM or email) and then it's up to him whether he responds or discusses it in more detail.
     
    #2130     Nov 19, 2005
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