Trading on "Instynct" (NQ)

Discussion in 'Journals' started by Instynct, Nov 12, 2010.

  1. Agreed, I suck. Anymore words of encouragement? :p
     
    #4501     Dec 16, 2011
  2. Thanks, I appreciate it! I'm just an intern making minimum wage as I evolve in this profession. Though some days it feels like slave labor.
     
    #4502     Dec 16, 2011
  3. this isn't community college man. not everyone can do this. a "C++" means you suck. how may proff poker players you know, PERSONALLY?

    let me answer for you, ZERO

    your a trader now, you can't learn it in school, and cant have a late start :cool:
    -carlito's way
     
    #4503     Dec 16, 2011
  4. gmst

    gmst

    Thats being God-like humble!!

    Can you pls PM me your email id, I would send you a spreadsheet, will be interesting for you. Thanks

    Cheers,
    -GMST
     
    #4504     Dec 16, 2011
  5. vinc

    vinc

    Hey, Instinct - did you count your profit percent wise now that the end of the year is near? If so, what is it? Great trading - the most important part is that you show it day in and day out so your consistency is unbelievable..Respect!
     
    #4505     Dec 16, 2011
  6. whats so "great trading about making 100 bucks on 12 trades?

    then next week giving all back? :p

    hundred bucks..major wow
     
    #4506     Dec 16, 2011
  7. Specterx

    Specterx

    If it's on one car, he made almost 14 NQ points this week. That's more than 99% of daytraders and way more than enough to earn a good living, once you add size.
     
    #4507     Dec 16, 2011
  8. Done.
     
    #4508     Dec 16, 2011
  9. Percent return really does not mean much to a trader like myself. The only thing that matters is my bottom line profit after commissions in dollars. But to answer your question I'm up roughly 13k so far this year on a 10k account, with the bulk of that coming from the second half of this year, so 130% return. But again that number doesn't mean a whole lot.

    Do I need the full 10k in my account? Not really, but it's there for psychological reasons. If I were to withdraw 5k, I can probably still trade the same and my return on equity is 260%. But I'm still only up 13k.

    Not a whole lot in terms of profit, but I do have savings set aside from my previous job of 10+ yrs, plus some monthly income from other means. My living expenses are low as well and I don't have a family to support so that takes a lot pressure off me.

    Probably more of an answer than you were expecting.
     
    #4509     Dec 16, 2011
  10. All I gotta say is sit back, grab some popcorn, and enjoy the show. I'll be here for a while. And when I'm swinging 10 lots, beer is on me:D
     
    #4510     Dec 16, 2011