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Week ending September 17th +$8,500. Daily pl was -2, -4.5, +3, +11, +1 Traded 335,000 shares. Don't know why Thursday was so good, just had a couple good moves on some sizable positions. Everything else for the week was blah. Still waiting for someone to turn the market back on after...

I think I could make money trading only one instrument. Enough? I don't know, but it sure wouldn't be for a while if I could. Then I'd be a one-trick pony, the exact opposite of what I've worked towards my whole career.

Typical newbie confusion regarding the business of a company and the stock of a company. You don't trade a stock based on how the company is run. That's called investing. The stock market is nothing more than a supply/demand driven auction place. Realize that and you are past step #1...

Can you name some prop firms that allow entering sub-penny orders?

Let me see if I can summarize this very wordy discussion a couple sentences. Dennis Dick and Don Bright are saying it's not fair that some traders or trading enterprises can enter sub-penny orders, but they can't. They are at an unfair competitive disadvantage because the rules apply...

Not all at once but I might trade two or three dozen different symbols in a day. I also may be holding anywhere from a handful to dozens of swing trade positions.

First you do the hard work, then you reap the rewards.

I do pretty much the same thing as these guys. I call it "practicing for retirement".

Missed posting last week's results; For week ended September 3rd: +8,400 on 530,000 shares traded. Daily pl was roughly +1, 0, +8, -1, +1 For this 4 day week I managed about +3k on 324,000 shares. -1, +2, +5, -3. Swing trades have been decent so far this month. Everything else has been...

All my strategies go either long or short.

There's two business models you will generally see. One is where the trader puts up his own capital and trades his own account. He is usually responsible for 100% of his losses and keeps all his gains. The firm provides leverage greater than retail and makes it's money on commissions and...

ES. Mostly as a hedge against other positions.

I time out, or I might just not like the look of it and change my mind. Or the stock might just be flat lining and I want to leave so I just give up. Or I'm down a lot and squirming in my seat and I cover some of it just to scale back the risk. It's kinda subjective.

August stats: Traded 22 of 22 possible days. Green on 15 of them, but two of those should essentially be called a scratch. Best day Aug 12 +12k, worst day, Aug 11 -12k. Grossed $30,300 on 1.87M shares traded. $3k of that was made on futures, so gross cents per share was 1.5. All I...

Sure, here are some of the symbols I traded yesterday: NNI SPMD TBT GES NVDA HAR

First of all, it's not just a lack of volatility but a lack of liquidity. If I doubled my share size, I'd miss entries because my size would invite more front running. I'd also have a lot more slippage on exits. You guys who don't trade stocks or trade a couple hundred shares at a time have...

Yes, just not much opportunity. The market can be making a good move, but individual stocks might not be doing anything. And volatility measured by the vix is up a little recently, but not enough to really get anything going. Pretty typical summer trading really.

Well, this has turned into a boring journal. Another blah week, trading just the mornings for the most part. Nothing memorable good or bad. The thing I'll be remembering is going long ES at 1043 after the sharp dip this morning thinking 'this looks like a bottom for a while', then taking 4...

Everybody's got a washboard stomach. Some people's are just under a load of laundry.

Trading is a business, no doubt. But all the successful traders I know are traders because it is a burning desire within them to do it. They got into it because it was a calling and they almost couldn't NOT do it. It's like saying "should I open a Subway, or be a professional guitar player"...