+44 1380 shares hurt by the last hour oil drop from +300 to +44 in 20 minutes. Also selling short MLM and ZRAN was terrible selection.
consistent start for the month. breakeven in my futures account today. patrick PS> nice trading Steve.
My first P&L post of my daily trading. -55 -100 after including commissions. My stops got hit in early trading, so I quit early obeying my daily stop loss of $100. Missed a lot of action, but staying disciplined.
Sorry, its an old pit habit. It just means how many contracts bot and sold on the day. People wanted to know how many I traded on the day. tp
between 10 and 30, sometimes I build a position into a 100+ lot. when ur in the pit and raise one hand you gotta be good for at least 5, if you want brokers to trade with you consistently, so 10 minis is'nt that daunting. When I do a 30 lot mini, I think thats only 15 bigs. Alot of locals I knew were always 10 up and could almost always make a tick or scratch if they were wrong. It feels riskier trading 8 lots in the dax than it does 30 yms to be honest. Feelings are not facts though. an aside: I remember back in the day when people used to rip on V for "tweening" the nickels, now its a part of my strategy sometimes. tp