Sorry, I don't have time to post blotters. When people don't post what they trade and at what prices they traded it, this thread just doesn't make much sense. So I'll just stop posting.
To some degree it might be ableo to show how much a trader can make. To show if it is easy to trade for living.
To Dave, I'm not so sure I've ever heard anyone say it was easy to trade for a living. I think that would only be relative, I mean I've heard of FX Traders who stay up about 20 hours trading, and get 4 hours of sleep. And of course we all think trading is easy when every day we're up, noone considers trading easy when you think we're in a bull market, and it's correcting, and you're losing money. I think the guy above is right, what's the point of a Daily P/L Log, if everyone is covering up: 1) BP - Which is essential to what % you're making on your capital 2)Not neccessarily which stocks you're trading, but what entry and exit prices you're being filled at. 3)How many trades were taken! *I mean if someone is making $5k a day on less than 20 trades we know he/she is most likely finding the stocks that are moving, and if someone is making $5K on 260 trades we know they're scalping the crap out of everything all day. I suggested a while back to not cover up Buying Power (BP), it would only make perfect sense. P/L: Down -($200) for the Day. BP: $100k Trades: 1 Read my blog on my Profile for an in depth look at what trades I'm taking. Out, CalTrader
I traded timidly today. My trade entries were excellent, but 2 of my trades ran an extra 1.5+pts on er2. I was impatient and exited too soon. The trades on most were positive in less than 30 sec. If I would have held for 3min, I would have realized the max profit for the move. TXN was leading indicator stock for me today. $60
I don't post a blotter. I only post as another step to keep myself in check. BP: $50K 1 to 2 trades a day (have a full-time job) intraday swings and occasional overnites. I don't post swings (4-5 days). Target each day is $100 min or the return on 3:1 ratio. This thread is great to watch the big dogs scalping 200k plus shares a day. Thanks for the motivation!
+88.80 2800 Shares I churned a bit at the beginning of the day and then settled in and made my money back and a bit more. I won't be trading tomorrow or on Friday. I'll be back posting on Monday the 27th. Have fun eating carcass!