I finished up $498 from yesterday ($230 being realized gains as I was in the red at yesterday's close). I was shorting during the short burn on LULU the past 2 days. Its been difficult and frustrating, involving a lot of in and outs and averaging. Just after finally getting flat the stock, it picked up downward momentum and I missed out on banking 4 digits. I do believe the last two days up in the market were also driven by short covering. My bias remains short in the near term, focusing on high P/E stocks.
ABSOLUTELY NO POINT IN SHOWING PNL WITHOUT EQUITY !!.. LOL re LOL "I MADE 10K IN A DAY !" (on a 1m account... oups.......)
10k on 1m is 1% per day, an excellent return. Also, almost no strategy is scalable to the billions or even 10s of millions, therefore the currency return is a relevant measure of performance.
Not to the billions but certainly millions... 1million is about (only) 12 S&P futures.. no problem for scaling into such a position with S&P liquidity, nor an amount 10 times this size.. Ok fair point, 1% is good indeed, say rather 1k on 1m, but you get the idea
+1193.52 hahahah you guys mean like this kind of result? but i only have about $103k of buying power @.@....