like the volatility this week. another good day trading. last day of posting is tomorrow, untill/unless improve and add more strategies YET this will take lots of work and time. patrick
traded like an idiot today, was buying ford all day and scratching it ended up 1100 gross - 600 net just churning shares all day long, the SEC, and the gateways are gonna love me today
I wasn't going to post anymore, but here's a final going away present. I've included execution reports for you kiddies to enjoy in the attachment. I really don't trade these guys directly, they usually don't have enough liquidity to overcome the spread, but today, IYR wasn't too bad, ICF spreads were horrid, but I still managed. . Plenty of one way movement is what created the reversal opportunities. It's been a very rough month here, all in all, been trading just to cover the short side accounts losses. Net net +2ish% this month so far? . That takes the cake for a tie for worst month outta 36-40 months, at least. Today was like last fall. Started up 2 new program trades yesterday, working on more...Gotta keep up with EchoPatrick! So, I'll be busy on those, & not posting. Attachment is just volitilty trades, entirely discretionary -not part of my systems....so enjoy, for once I can actually post them. Add 4300 to the P/L shown (MTM) across all accounts, for the final figure....sad, cause that's still 8k off the top--like everyday this month. Still a nice day. Cheers, P/L traders! --NBBO PS-Yesterday was +3.8k.......which was 4300 off the top, again---getting tired of that!
I thought I'd share my story from yesterday since it's a fun one. (sorry for no blotter...) Made 15k on a 2$ move on TXN, lost it all when I got caught at the top with waaaay too many shares... finished down 225 net. (+1400 gross). whoops! Hopefully there are similar opportunities today... mnx
shuttin her down for the day cause i covered my losses from yesturday and that is a sweet way to stroll into the weekend.......not that im unhappy with today but a little disappointed with myself seeings how i knew INTC was gonna drop all day but i still couldnt manage to hold onto my short shares for more than 3-4 cent winners even though i am more than capable of takin 10 cent losers.........one day i might become a decent trader......hopefully...
I'm just gonna call it a week. I didn't lose any money this week, but I wouldn't call it a profit. I need to get the profits on my winning days up. +15.19 11,200
it has been a busy week. glad that the weekend is almost here. finished the day up 28K. up about 98K for the week.
i guess i'm just plugging along. any suggestions on how i can mentally get myself to hold postions for longer then the usually 15 sec. i could triple my net if i could just learn how to do that.