Search results

Back from vacation. Took a few days to get back in the groove. -100 -1950 -600 +3100 +5200

I don't know how much experience you have trading, but if you have never manually traded profitably, then finding an edge that can be automated will be very tough. If this is the case I would suggest actually trading full time but small size until you find an edge. With some experience you...

My answer would be YES to all of the above. Profitable prop traders vary quite a bit. Even the grinders have some bad weeks, but the really good weeks even it all out.

I won't be posting for a couple weeks. This week was no good...about -$5k. Earnings season is finally here woohoo!

I know a number of guys, including myself that fit everything except the "living the lifestyle" part. I find good traders are disciplined in trading as well as personal expenditures. It sounds like you are looking for a Ferrari, blow and hooker kind of guy.

Set stops on those losers to keep them small, and so you can't break your rules. Then scale into winners as they go your way...that way your losers always stay small, and your winners will often be big. You will find that often one good trade makes your day. But if you never pyramid in...

What's your win/loss ratio and avg $ winner to loser ratio. The more important of the two is the $ ratio...you have to win more than you do when you lose.

Almost made back last weeks losses :D +4350 +750 -1400 +2200 +4900 = +10,800

If the bid is being hit it means people are willing to pay the spread to close a long or get short. Of course there had to be someone also buying on the bid, but they were not willing to pay the spread. This means at that point in time there was more selling pressure. It would also...

Hi Don, Did you move your Walnut Creek office to SR? Is it the same manager?

Realized from a PM that my line "throwing in the towel" sounded like I was quitting. Quitting is never an option, I just meant I was stopping early today. :D

Throwing in the towel. -$12.5k weekly total Worst week ever. Puts me at -$5k on the month.

There's a big difference between losing money and not beating their benchmark. Therein lies your answer.

My Esignal has been pretty good lately.

It was trading at 86 when you posted...

Slow and steady... +1400 +700 +1700 +300 +900

I know one thing you can do to improve performance. You are trading tough stocks. Take a look at stuff that has moved nicely for a while on at least 5x normal volume. Something like PBY today for example. Trading news on oil/commodity stocks is one of the toughest games in town imo. This...

It's understandable that you could think this if you haven't been trading long, but what you will come to learn is that there are a million ways to make money in the markets. There will always be someone willing to take the other side of a trade in a liquid market. What one system may see as...

Why are you so focused on just having $10k when there are prop shops everywhere offering guys like you 10:1 or more, with good platforms and API's included? If you are really considering this as an occupation then it's time to get serious and stop worrying about funding issues. Nobody makes...

Ugly day... +5000 -2000 +100 +200 -4500