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    Trader P/L 2011

    another slow day....63,600 shares traded
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    ElecEquity's Active Trading Journal

    +2487.73....pretty efficient day today...still making some poor mistakes, but I'll never be perfect. Surprisingly nice profits for what felt like a pretty slow day. The leading stocks performed well today. As long as the leaders stay strong and constructive, I don't see any reason why we...
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    Trader P/L 2011

    a lot of ups and downs...finished up...first picture didn't show up well.
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    Why Can't The South Move Forward?

    Most of this stuff is outside of the U.S. and on the fringes on all sides. What the hell is a "senior race advisor to the mayor of London"? I'd love to see that job description.
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    Trader P/L 2011

    No problem inbadger, I just didn't think wizetrade's intial tone was appropriate. I've downloaded IrfanView and will begin posting tomorrow. Thank you sir. Good luck tomorrow.
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    Trader P/L 2011

    Au contraire....I've been a member for 5+ years. I created a new handle to begin an anonymous journal so my friends that populate ET that know me personally won't know my posts. No one from my firm has ever posted in the P&L thread on ET. I don't want to compromise my seat as I've had my seat...
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    Why Can't The South Move Forward?

    Really? Blacks advocating for segregated all black schools? Please provide a link.
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    $25,000 minimum for daytrading needs to be changed

    I agree. If people want to daytrade from their own home with their own money and take their own risk they should be allowed to do what they want to do. I'm sure the PTD rule has prevented a lot of gambler-types from ruining their families, but I guess it's their right to do so to the chagrin of...
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    Trader P/L 2011

    "A man is likely to mind his own business when it is worth minding; when it is not, he takes his mind off his own meaningless affairs by minding other people's business." I'm happy to post blotters if its worth seeing me blackout almost everything except the P&L or you could just reading my...
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    ElecEquity's Active Trading Journal

    I'm reposting some of this guy's posts here for myself. I find them to ring very true from what I've seen from the most successful guys around me.
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    ElecEquity's Active Trading Journal

    This guy's results speak for themselves. In my gut I know he's right. A lot of exit rules that I have for losers work on a risk-management basis, but often these attempts to mitigate risk are just exits into noise during the prevailing trend. I know a number of millionaire traders...none of...
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    I feel like giving up!

    Ridiculoso. You're in the bizarro world. Hat tip to Seinfeld. Acting as if the word 'unethical' is synonymous with 'adding no value' is even more hilarious.
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    $25,000 minimum for daytrading needs to be changed

    Everyone pays commission - prop shops commissions are a lot lower than your TD Ameritrade account Real prop shops don't require a deposit No one makes money with 100 share positions unless you're catching 20 point moves in CMG on a regular basis (sarcasm implied) A few of my friends trade...
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    40% in 2011

    Don't fade news. It increases the probability that you will lose. The best fades are at the open during the first 30 minutes of the day. The only news-related fades I would consider are earnings moves that are overextended...but manage your risk, because sometimes they continue to overshoot...
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    ElecEquity's Active Trading Journal

    Cancel that. I received some pretty good advice from another ET member, and I'm going to forgo the posting of real-time trades. Thanks.
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    ElecEquity's Active Trading Journal

    http://www.traderslog.com/mark-douglas-video-interview/ Just watched this video. It had some very interesting nuggets of wisdom. Btw, I have no idea what wizetrade is and I am not promoting it. Also, I've never paper-traded, but Mark Douglas makes some great, great points. Here are the key...
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    ElecEquity's Active Trading Journal

    Thanks for the kind words baller. Prior to what I'm focusing on now, my key focus was a market inefficiency play (which I can't name because it may return -- it's still around but occurs a lot less frequently) and selling volatility (fading momentum). $700-$2000 was a good day in 2009...not...
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    ElecEquity's Active Trading Journal

    Thanks Sam. I've been thinking about trying a few different things in my journal over the past few days ever since I read your PM. On Monday or Tuesday, I may start posting real-time trades for breakouts/breakdowns and for fades (but for fades I'll probably have to post after I'm out of the...
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    ElecEquity's Active Trading Journal

    Friday's results: +$1,477.44 -- 108,200 shares traded Good solid day yesterday. Although I traded over 100k shares, it felt a lot less active and lot more sitting back and watching trades stop themselves out and continue to march along further. I didn't really take many trades because I made...
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