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  1. S

    Confessions of a successful trader

    thx for the advice mr Nick. I'll take your thoughts to heart as much as I would with any other et alias with all of two posts. I bet ur a real gem.
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    The Most Sure-fire Hedge Fund Possible

    I think ur a little late on this one. It's called the FX bucketshop model. Good idea tho. It does appear to work well in practice.
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    Confessions of a successful trader

    Confession: my first seven figure year was the most anti-climactic thing I ever could have imagined.
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    Baron's idea

    how about all current members of the "select room" (which initially would not include sponsors until some critical mass is reached) get to accept or deny new members (including sponsors) by majority vote. That way baron is completely off the hook as far as not offending one of the jackass...
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    Confessions of a successful trader

    ru baron secretly trying to generate more page views?
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    Confessions of a successful trader

    I think I figured out my time in the morning is better spent focusing on trading than posting on et. I know. I was shocked by this revelation as well. Today I think I learned that pc builds will peak in October. For those of you playing the home game that means 4q guidance will suck and the pc...
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    Confessions of a successful trader

    cool. I never felt so important ;)
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    Confessions of a successful trader

    trollbuster. Do u dabble in trading at all or are u just some sort of wannabe moderator?
  9. S

    Confessions of a successful trader

    That particular (worst) drawdown was probably over the course of 3-4 weeks. Lots (hundreds?) of positions. Lots (thousands?) of trades. It was shortly after the market "changed" in august 2007 and I was too slow to adjust to the "new normal". Unfortunately I do make money during summer. I'm only...
  10. S

    Confessions of a successful trader

    I'm willing to lose way more than 1% per trade, but i think picking some number you're comfortable with (avoiding risk of ruin) is the right way to frame it. Since inception, I've generated high and mostly consistent returns so I'm willing to accept a fairly high drawdown (to put on bigger...
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    Confessions of a successful trader

    I suspected as much from the thread you started, but now I know, you really are stupid. I would have no reason to point this out, but since you're such a prick, I'll go ahead. A covestor acct with two dollar signs? LOLOL Bigtime guy on Wealthlab? What makes you think either of those have anyting...
  12. S

    Confessions of a successful trader

    fair enough: they could be a mild "p", an exception, or I'm also open to being completely wrong about my thesis on the "p" type.
  13. S

    Confessions of a successful trader

    good question. I start out w a few stocks I think might "work" then ramp my fills up as the volome presents itself at what I consider to be favorable prices. The problem w trading more size is the "adverse selection" principal meaning I run a high risk of getting bigger size on the crap ideas...
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    Confessions of a successful trader

    BW: This thread is about real trades by an actual trader. Also I'm not trying to raise capital and don't have anyting to sell. From what I gather, you are trying to hock your half assed paper trading system to people since you have no money. If your piece of shit strategy worked you could be an...
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    Confessions of a successful trader

    I bailed on the stx at about 15.55 daily PnL negative 50k ugly
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    Confessions of a successful trader

    smoked out of azo for a 6k loss, covered xlnx for a 3k profit, getting throttled on stx, hanging in there and adding so far have 110k shrs
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    Confessions of a successful trader

    Fills: 72k stx long at 16.04 7k xlnx short at 24.50 3k azo long at 148.52 Targets stx 16.50 xlnx 24 azo 152
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    Confessions of a successful trader

    Good morning: Around the open, I'm looking to: stx long around 16, long a lot below 16 xlnx short around 25 altr long below 20.80 azo long around/below 148 jnpr long around 27
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    Confessions of a successful trader

    Thx prof Charles: I'm really not very happy w/the 40k swings in the context of how much I'm making. I think I should either be making the same amt w/20k swings or be making 2x as much w/my current 40k swings, so that gives me a goal to works towards. No doubt I need to increase my consistency...
  20. S

    Confessions of a successful trader

    Broke even. I had about 4 winners and one loser that wiped them all out. None of it was all that interesting to post about so I skipped it
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