Recent content by peterkto

Part II out! https://churningandburning.com/2024/04/portrait-of-a-trader-clockwork-part-ii.html

New post! This time about my buddy who sat next to me at MBC... new series. Hopeful that I can shift my writing towards other great profitable traders that I personally know. https://churningandburning.com/2024/03/portrait-of-a-trader-clockwork.html

nah im still taking a break. maybe if truly A+ opp occurs ill show up again

broke down a good trade I made on SMCI last friday: https://churningandburning.com/2024/02/the-smci-parabolic-top-a-trade-breakdown.html

I answered a lot of common questions in my latest post: https://churningandburning.com/2024/02/mailbag-ii.html

David right? He read my work and sent me his book. I enjoyed it and it gave me some ideas for my post "10 Traders you Encounter in Prop". Our backgrounds sort of intersect although we never crossed paths as traders.

I thought opportunities were just fine. Maybe not as good as 2020-2021 but nothing will match those years, across any strategy...

I've been trading low float stocks for a long time. It didn't used to be such a dominant strategy for me but it became one this year simply b/c I got bored and became one-dimensional and lazy... would just pull up the top gainers and short them on the open. and yeah I struggled hard but I...

Final post: https://churningandburning.com/2023/12/epilogue.html Thanks to anyone who read it the whole way :)

This is the second to last post: https://churningandburning.com/2023/12/stopping-out.html

For the next 8 years after that, I have had nice risk-adjusted returns and very little drawdown. Nothing that could be remotely called a "blow up loss". 2023 is a sliiiightly different story... but I recovered my mistakes.

If you guys like reading, check out my Prop Trader Series :) It's about my experience in NYC prop trading that started 12 years ago https://churningandburning.com/category/prop-trader-series

Not a book but maybe I make into a book one day -- my journey into NYC prop trading below https://churningandburning.com/category/prop-trader-series

As stated above, it's the risk manager and the risk controls. There were issues with risk control on OTC stocks, which led to me going way over my daily risk limit on the FNMA trade.

New post: Risk Limit Exceeded https://churningandburning.com/2023/12/risk-limit-exceeded.html