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Buy to close 0.010297 @ 8:21 AM MST Nominal profit $400.00, $395.06 after commissions. Nice start to the week... Edit: fixed typo in post-commission price

Short 6J-12 @ 0.010329 @ 6:08AM MST Stop 0.010370

Thanks, it's been a good week. Total, including trades before I started the journal, was about +$1300 or so.

Attached is a results tracking sheet. Doesn't mean much with this small a sample, but figured I'd get in the habit of using it.

Net so far: +$754.10

Sold 126'110, loss -125.00, -127.86 with commissions. Overnight action was great, but something went wrong. Done for the week.

Long ZN-12 @ 126'150 @ 10:12 PM MST Stop 126'080

Don't try to defend it. The article was wrong and deserved criticism. One key contributor to trading success is insistence on accuracy in all things - mathematical, linguistic, and argumentative. At heart, trading (and the broader scope of gambling in general) is about being more correct...

People who try to argue with the dictionary are comical. You're not some special princess who gets to make up personal meanings for words. If you want to communicate with the rest of the English speaking world, you have to use the conventional meanings.

Wouldn't portfolio margin at Interactive Brokers do what you want?

Well that was fast. Bought to cover at 1678.50. Nominal profit $262.50, $258.48 after commissions.

Short ES-12 @ 1683.75 @ 7:33 AM MST Stop 1690

First off, post the inflation adjusted chart and we'll talk about that. Second, if your goal in trading is to capture beta, well, you won't have to be making many trades. That's not what I (or most speculative traders) are intending to do. Trading is, and always will be, gambling. And...

Reality. And the dictionary. You are correct about the deep symmetry between poker and trading. And both are gambling.

Similar to the article, you exhibit a poor understanding of gambling. For starters, Kelly Criterion was created for and initially applied to gambling in the conventional sense (horse betting, etc). It's applicable to trading only because trading IS gambling. "Pattern detection" is hardly...

Skilled ones never do. The skills required to win at trading are almost indistinguishable from the skills required to win at gambling. The various mental deficiencies that cause people to lose are trading are almost indistinguishable from the ones that cause people to lose at gambling...

Person who doesn't understand gambling uses gambling for analogy. News at 11:00.

Bought to cover @ 126'135 @ 11:20 AM MST Nominal profit $171.87, something less with commissions (I traded on IB webtrader, so I'll figure it out when I get home tonight. It was ~$3). Kicking ass so far...

Short ZN-12 @ 126'190 @ 8:51AM MST Stop 126'300

Guess I won't be regretting it after all.