Recent content by modifiedtype

11/15 Update What has changed? Starting this week, I have started trading stocks in play. Gap up/down stocks, stocks with most volume are considerations. What has changed? Loss limit will be extended to 4 times 10 day avg profit. Adhering to rules more strictly. Improvement needed on...

Yes, definitely. Most will say you cant. But people at my firm are doing it. I don't think it will die out because of htf's and dark pools. But you have to know what stocks/times to avoid. Hope that helps.

Nov. 4 - Nov. 7 Stats Number of winners vs Number of losers: 50/50 Given all this, current PnL is slightly positive with tails on each winning/losing side almost equivalent. Volume traded increasing as a result of keeping within daily bankroll limits less shutdowns. Will hope to increase...

just by looking at the numbers, I ended the month of October slightly negative, at -100 dollars. Equal to past month's performance, but volume traded was twice more. Winning % was more or less equal. I did have more ECN rebates for adding liquidity. Performance Summary September -$88/350k...

last few days I had to change the way I view the markets. here are some initial thoughts: 1) learn how to play both forehand and backhand just like in tennis. you don't try to force a forehand when backhand is appropriate. By forcing a backhand you risk leaving the court wide open. likewise...

4th month into trading, seeing improvements and areas for improvement. pnl largely intact, looking for one or two good trades per day. avoid chops. A.what is the big picture? gld/gdx gapped up on 17th: gld retraced back to start of gap (low) and made attempts to breakdown, while gdx failing...

Pnl : +$18.50 Concerned about over-trading, putting in heavy volume. I told myself to significantly decrease volume when programs are running the show. This is usually AM hours. Stuck to my plan and only traded 200-300 shares at a time. Felt that I was able to better control risk. Decided to...

1015 I turned net positive to net negative today with -100 in losses. first issue: greater than 300 shares in the first 2 hours will be discontinued. second issue: main trade will be hmy, gfi, auq, hl if positive, then i will trade: iag/auq/abx with some volume third issue: loss of focus...

columbus day, markets open, debt ceiling issue has not been resolved over the weekend. meanwhile all major us indices track higher... gold globex up to high 1280's $gld @ 123.85 if bullish, i expect a test of 125.00 resistance area $gdx at low volume node between 23.20 - 23.59 expect...

Weekly market preview and strategy to follow.

pnl 10/10: -$60 relative strength/weakness of auy which I use as leading indicator shown on charts as compared to gdx may be evidence to consider it as an unreliable indicator for trading in the near future consider abandoning usual signals for entry due to overwhelming news events...

today's journal intended to A. point out what i could have missed during my trade 10/10 yesterday (short iag 1000 shares) B. in general why short trades have been difficult (few ticks, tight entry, hard to exit) not so much profitable lately, with downmoves being limited. C. i am trying to...

look at supply and demand

yesterday's range was wide providing opportunities both long and short. i did not catch a low risk high reward upmove; hl and hmy ended trading back above 10/08's support level while auq retraced back to pre breakout level, gfi stayed largely intact due to news. compared to gdx, stronger: hl...

long term goal setting, vague i must reveal my weaknesses. i must detach myself from my ego, take a step back and look at myself objectively. imagine that there are two me's. i must repair my mental operating machine/negativity/ego barrier/habits one by one that do nothing to aid my...