Recent content by mike5885

I would say the pairs trading stopped my failing and gave me the ability to float. I have the tools to be successful. The lack of overall success is trying on my personal life. I am very fortunate to have great people in my life. All have stood by my side during this and continue to do so...

I will just make it as quick down and dirty as possible: here is the Currently 43K in risk cap, total contributed 70k High 64k - just 2 months ago (carried a little too much size, got ahead of myself and had to learn the hard way another lesson) Low 13k Currently in a large...

It is October 14th, 2006 and have just celebrated being a trader for two years. It has been an amazing journey. Hard to believe, I have been back in Indiana, trading remote for 1 1/2 years now. I love it. Am I wealthy yet? No! Am I financially independent yet? Nope! But, I am on my way...

James, I am paid through a K-1

I currently work for a prop firm, so I am technically self employed. I am using a HSA in combination with a high deductible policy for coverage. I would like to switch to a HMO or PPO format, but the costs are outrageous. Questions: How have others addressed this issue? (I am single...

I am still here and still trading. It has been rough, but I have been profitable for the 3 of the last 4 months. Not hugely profitable, but profitable. Pair trading has definitely been the difference. I will try to keep everyone posted.

Well, I am still here and plugging along, climbing the learning curve. I did cross a major milestone last week, I survived my first full year of trading. But, not unscathed. I had to apply much more risk capital than I ever expected. This year has been incredible. I am definitely convinced...

Overall I am still down from when I started in September 2004, but the last few months I have leveled out and started to make money on a regular basis.

It has been awhile, just wanted to give a quick update. I am still trading and doing better. I have am still getting accustomed to pair trading. Rob, up in Vancouver, has made all of the difference in the world. I am still very busy with school and trading. I will keep you updated.

I am still alive and trading. As always, I am short on time, trading full time and going to school. The struggle is continuing, I am in my 8 month of trading and still searching for consistency. The pair trading outfit of Bright is top-notch and has really helped. I am making progress...

I am still continuing my journey. It has been difficult to say the least. My draw drawn reached almost 75%. Trading is definitely not for the weak of heart. Make sure your are committed to this or it will eat you alive. That being said, I have found my niche. It is pair trading. It fits...

My training ended the middle of November. The biggest problem I have found is execution. Fighting my own demons and doing the right thing. I have read several books on the psychology of trading, but there is no substitute for actually doing it. Bright has given me a gameplan to...

I am still alive and well in Las Vegas. Sorry, for the huge lapse between posts. I am still trading at Bright. It has been difficult to say the least, but they are helping me. I would have self destructed by now without their guidance. I will try to keep up this post. I have a manual...

Well, I have survived my first month of trading fill-time. Survived, but not unscathed. It has been much harder than I thought. My biggest enemy to date is myself. My thinking is flawed. I still default to thinking like an investor rather than a trader. I have much to learn. It will...