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  1. H

    March Trading Journals

    You forgot about bullet costs, I do on average 2 a day. I post my one way volume instead of roundtrip volume. Being a team leader, I just got my commission lowered to 0.8 cent per share, which my current volume do not quite warrant.
  2. H

    March Trading Journals

    I have been trying to take small individual positions but at least 4 at a time to diversify my risk, not to mention trying my best to hold on to them for larger swings, something I can not endure with a full lot. That said, with the 20% deduction in commissions I received, I have definitely got...
  3. H

    March Trading Journals

    A very very bitter taste in my mouth as I closed the day up two bucks, while Dow went up more than two hundred points. The long side has always been my strength, yet today I completely missed the mark. Firm's numbers were nowhere near as good as yesterday, so I guess I am not alone in...
  4. H

    March Trading Journals

    HIT LIST MOMENT: http://hitmantb.tripod.com/ MY WORST CAREER GAME TO THIS DAY, WHICH CAME 2 DAYS AFTER MY BEST CAREER GAME TO THIS DAY. From: Hitman Sent: 3/26/2001 5:51 PM It is incredible, absolutely incredible, the pure power she has. I will have to confess that this past weekend...
  5. H

    March Trading Journals

    February was a slight improvement over January, but clearly not good enough. I continue to struggle in my shooting, as I absolutely must hit 55% of my shots to be playing at a high level. The team is for the most part, moving as expected. I now have 3 YTD profitable traders on my squad...
  6. H

    February Trading Journals

    The six games winning streak came to an end as I missed two huge bullets that were the best opportunities of the day. Fortunately the reduced commissions did its part to absorb the damage but I would have preferred a stronger finish for the month. 28100 shares each way on 10 of 22 shooting...
  7. H

    February Trading Journals

    Yes I do include my numbers in team stats. It is a team afterall. That said, if it happens that my number becomes so big that an up day by me guarantees team victory, a bad day by me guarantees team defeat, then of course I will reconsider. That said with STOCKKBROKER pushing up his size...
  8. H

    February Trading Journals

    An incredible day for me and not just because of the P&L. I have finally received the long waited commission reduction. It has been almost a year since I had any significant reductions but the wait was well worth it. This is the first real benefit I received since I became a team leader...
  9. H

    I have a dream.

    The numbers I stated in my post WAS intraday trading, WAS after commissions. Ok, it was before taxes, but everyone else pay taxes :-) Yes, out of a firm of 750 traders, 12 made it to the promised land, at least for one year, in 2001. That is 1.6% in the second largest day trading firm in...
  10. H

    Advice needed about top traders!

    ***The average human being will change career sector 5 times in their life.*** While I have to agree with you on this, as five years ago I was totally consumed of being an IT professional, I have to say that those that DO MAKE IT TO THE TOP will spend years after years of blood and sweat on...
  11. H

    February Trading Journals

    I absolutely must do a better job of protecting my profit from the open trades. Again I started the game strong and faded away as it went on. A couple of key mistakes cost me what should have been a very solid day. 19700 shares each way on 8 of 21 shooting, +672 before commissions, +179...
  12. H

    I have a dream.

    You also need a very friendly market environment to do so. Our firm had at least 12 seven digit performers last year, at least 5 of them broke the 2 million barrier (this doesn't include any significant overnight). Almost none of them are on track to make one million this year, assuming...
  13. H

    challenging trading environment

    If you have experience, that changes my offer fundamentally, especially if you can provide any kind of account statements for proof. If everything you said is true, and you can come up with 5K, e-mail me your BEST OFFER, with all the details attached, I will make very sure that I beat it...
  14. H

    challenging trading environment

    Ok, so if you are new, it is nearly inevitable that you will lose 5 out of the 10K (I mean, I lost 5K when I started in late 2000's, a much better market environment, and not even Don Bright can label my learning curve, at 3 and 1/2 months to go positive, worse than average). Sure, if you...
  15. H

    challenging trading environment

    Just to show people that we don't dodge bullets: Uptick: It is very difficult for me to beat the rate Echo gave you if you are going to put up MUCH less capital. At 10K capital contribution, 1 cent per share, 100% pay out, no ticket charges, 3 cent a bullet, I am not sure how much the...
  16. H

    February Trading Journals

    Going net positive for the first time ever. He did it with an amazing 12 out of 13 stretch, after two four digit blown out's and a 5K overall deficit, incredible. The first check you receive in this business, is always the most important check.
  17. H

    February Trading Journals

    Well luck has it that I got overnight crossed on JBL, out of it for a $50 loss (mostly instinet fee), and it gapped up 70 cents this morning. I had BJ and of course it didn't gap but I got 50 cents out of it anyway so it was no big deal. All in all, I was definitely relieved that there was no...
  18. H

    February Trading Journals

    I got overnight crossed on JBL for flat, in other word I lost $50 in commissions off it. Kind of remind me one of my favorite quotes, "if you get a friendly fill, chances are it is going higher". I did have BJ and got half a point out of that, so it is all good.
  19. H

    challenging trading environment

    Uptick: Forgive me for asking, but just two weeks ago, Echo seemed untouchable as far as your choices are concerned. I am just wondering if anything turned you off, I am always looking for weaknesses in our competitors. And I assume you pay no ticket charge, 100% pay out, 1 cent...
  20. H

    challenging trading environment

    Nitro: If we are talking about the quality of traders, our firm stacks up well against anyone. As good as Bob is, he is not the only one who can trade. I can assure you that at every branch we have at least one seven digit performer. I can assure you that on every single row of...
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