Turning $27K into $1,000,000 in only 9 months...

Discussion in 'Journals' started by Marc to Market, Apr 5, 2009.

Do you think I'm full of it?

  1. Yes

    125 vote(s)
    74.9%
  2. No

    41 vote(s)
    24.6%
  1. What did you mean by "gamble it all away"?

    Day 6 you had $71222. Day 1 you had $27031. Gamble it all away: did you mean resetting back to $27031? Or to zero? (How can it be going to zero trading equity?)

    On Day 6, perhaps you can take out $27031 then even if you "trade it to zero" you still have the original amount?
     
    #31     Apr 6, 2009
  2. gangof4

    gangof4

    ya gotta watch that overtrading in day 7. even though your results were ok, i guess, it shows a lack of discipline...
     
    #32     Apr 6, 2009
  3. gangof4

    gangof4

    since you registered back in '02, seems a bit late in the game to being going off the reservation with fantasy blotters. only becasue of your '02 date do i give this even a notice (that, and i've had similar runs and, likewise, pissed them away in a single day- like yesterday, for instance).

    so, to even make this worth watching at all, you really need to post real blotters. i'm assuming microsoft isn't your broker, so you've got a blotter from your broker. post it. if you don't know how to fake a 'real' blotter, i'm sure several here could show you ...
     
    #33     Apr 6, 2009
  4. It's funny how life is.........

    I don't use any indicators, but couldn't think of trading without Market Profile ! In fact, I don't even need a chart, just MP, the chart is there for visual stimulation !
     
    #34     Apr 6, 2009
  5. You are confusing "haters" with "normal" people. It is "attention seekers" who put up bizarre threads who have the problem.

    But you will not get this. Seriously.
     
    #35     Apr 6, 2009
  6. JB3

    JB3

    Fixed.
     
    #36     Apr 6, 2009
  7. 4/6/09 & 4/07/09 added

    [​IMG]
     
    #37     Apr 7, 2009
  8. Best Poll :p
     
    #38     Apr 7, 2009
  9. It looks like your average trade is about $18 ($49600 total profit divided by about 2700 trades). Is that correct?

    How did you manage to make 2700 trades in just a few days? Are you running some sort of automated trading system?

    The other thing to point out is that your broker must be very happy. I estimate you paid about $13000 in commissions in 8 days.
     
    #39     Apr 7, 2009
  10. Yes, that is correct.

    I am not running a black box. I am making all of these trades myself.

    Due to my volume, I was able to negotiate a ticket rate of under $2. Therefore, my commissions for those 2700 trades were closer to $5K than $13K.

     
    #40     Apr 7, 2009