+301, glad to finish the day positive. +787 for the week, (+256, +857, -627, +301) Have a great weekend, everyone!
+22.50 for the day, +71.01 for the week. I guess there's hope for me yet. *edit* Sorry for the dumb question, but: What is LFT?
There may have been a groove, but I definitely wasn't in it today. Still a good week though. +1800 +4000 +1000 +4600 +0
Congrats to Tachyon for the smokin good year. Decent day here. Really didn't do too much apart from a few good scores in CHINA. Have a good weekend guys and gals. p.s. for the guy who asked LFT = Loss From Top
Good day again today. Month total about 111k. Not going to trade on Monday, so today is the last day of 2007 for me. That brings the tally to a little over 1.1m on the year. Take home income on the year after split and everything from trading is about 1m (just made it!) Its been a crazy year. On Jan 1st, I set my goal of 1k a day, 20k a month, 250k on the year. From the pictures of the blotters, and my posts, it probably looks fairly smooth sailing to blow this goal out of the water, but as with a lot of people on this site, im sure theres a lot more backstory that just isnt written out. I wont bore everyone with tales of woe or anything like that, but while your waiting for that next opening bell after you close out your daytrading positions and go home for the night, life happens, and trading is very good at confusing, clouding, and straight up destroying that! I have decided that today will be my last blotter posting on this site. Its been a great ride during my learning curve, and without the support of the people around me im sure id be working at Money Mart. Thank you to: mnx, AutoMate, Redink/MM/the local crew + office boys, MRNBBO, all the guys in the chats im in, and of course, my swift BM and good ol PB. As much as i have grudges, I really owe my trading career to swift and their business model. Without their entreprenurial spirit, however ruthless and inflexible (lol), if they hadnt taken a chance or me or the market, again, id be at Money Mart. Similar to those inpirational stories that i read before i started trading of people driving into Worldco in a beat up car, a suitcase of clothes, and $500; a few short years or less walking out with $1-3m + to their name, I was actually able to walk into Swift 2.5 years ago, and today be able to say almost the same thing. So as for this thread, and the original question of can you make money daytrading, the answer is most certainly yes! In the next little while i plan to focus more on automation, and lifestyle balance. Trading has become more about the money, and less about the true spirit and love of it. I remember making $5.77 my first day at swift, and being the happiest person in the world. Now i can make thousands in a day and go home grumpy and angry that i didnt make more. Its just not healthy to correlate your mood and personality to how your doing on your trading blotter. Something i feel i am still learning. So thanks again to everyone for their daily support, PM's, emails, chats etc, and I hope to be able to grow more in not just trading, but in life over the next year. Peace out!
Dude, you are the biggest inspiration on this whole site. I've been real glad to get to know you and chat with you during the day. And really pumped for you watching you grow methodically and scale up like a pro. Congrats. I'll definitely pay you a visit on my next trip to Victoria.