Recent content by PropTraderMTL

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    PropTrader - Daily exploits

    hahaha, no not a blow up and no the firm didn't go under. Flattering to see the concern. But your right I should have really provided an explanation as to my absence. The simplest way to explain it is to say I have switched to the grey side ... :D To be honest my style of trading was working...
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    ElecEquity's Active Trading Journal

    This is so accurate it's not funny. You need a method but you can't make $$ unless you trade that method with positivity and confidence!! Kill it, WITH BALLS!
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    PropTrader - Daily exploits

    I felt so bad about that TIVO trade hahahaha... moves like that don't come around often. Yeah OCZ was the trade. Didn't take a trade on it as I kept missing my entries. In the end it didn't matter because any position would have made me $2-3 easily Thanks for the support, I took my size...
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    PropTrader - Daily exploits

    Weekly summary Mon ($212) Tue ($531) Wed flat Thu ($150) Fri +$800 (not sure of the final number) -------- ($100)ish So on the face of it the week was a bit of a nothingness...
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    PropTrader - Daily exploits

    Weekly summary Mon +$48 Tue ($412) Wed +$520 Thu +$130 -------- +$286 Pretty slow week. I took a couple of interesting trades but never really got the bang out of them. Monday - I was...
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    PropTrader - Daily exploits

    Weekly summary Mon +$164 (LVLT +$330, AA -$78, AMD -$45, ALU -$40) Tue ($37) (ALU +$150, INVE -$190) Wed +$163 (XLF +$230) Thu +$512 (XLF +$350, LVLT +$170) Fri +$150 (XLF +$290, BAC -$190, GOOG +$60)...
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    PropTrader - Daily exploits

    As I decided I'm updating at the end of the week Just wanted to express my relief that I didn't take GOOG long into earnings. I couldn't justify the risk of losing $20 with 100 shares. If I could have taken a smaller size I may have taken it. As it turns out I would have lost almost $30...
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    WTS Proprietary Trading

    You summed it up pretty well. The only important things (in this order) are 1) Who are you dealing with? (ie do they have a good reputation) and 2) What deal can you negotiate? (lowest deposit / highest payout WITHOUT jeopardizing the first point).
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    PropTrader - Daily exploits

    Thanks for the encouragement. Hope the market beast is treating you better now
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    PropTrader - Daily exploits

    Weekly summary Monday +$265 Tuesday +$92 Wednesday ($80) Thursday ($52) Friday +$370 -------- +$595 So I took it easy and got back to basics. My rule at the beginning of the week was that I would take a...
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    Position Sizing

    I think you really missed the point of the video. It was not about what setups to take or what to do when "new" news come out. The point of the video was to talk about adding to winning positions... When to really press it and when to lay off. Your point is that bad news is going to lose you...
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    Firefox 4

    I have been using Chrome for the past year or so but I have now switched back to Firefox... really like the feel of the new version. Not sure if it's just me but the new Firefox appears to be running faster then Chrome
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    PropTrader - Daily exploits

    Positive day today but I have decided that I will update my journal at the end of the week. I have a feeling that it might be effecting my trading. I know I have called this journal "Daily exploits" but I think I really need to concentrate on the longer term at the moment.
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    Position Sizing

    I found I was always getting out of my profitable trades when I should have been adding. Mentally it's hard not to take the profits but in the long run you need those big trades. The frustrating thing with my system is it uses FIFO rather then LIFO (I use Sterling). I know it doesn't make a...
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    Position Sizing

    Good video, this is so important it's not funny. Tough to do but when you do it well it really pays off. Thanks for the link Kingdong
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