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Surprisingly easy as pie game on what should have been a very tough day. Market just ran hard on light volume and almost everything was tradable. I stopped at 11:30 and watched market ran up 60 points and did not take a single position during the run. Still a solid game but it was a...

Dottom: I define mechanical trading as if two people trading the same system they get same result (assuming discipline is not an issue), it is one thing to have a filter that generates some signals and you cherry pick the trades, a totally different story when you trade exclusively...

Silk: Incredible job to go net positive in 12 games especially given the high commissions, and sure hope you get that first check, if you can get your check first month you sure are gifted and please let me know at the end of this month! What kind of style do you trade? Is...

Hi Hitman, On one thread you wrote that you're up 52K so far this year. I know you're an experienced trader, and that result is only 2x higher than average US citizen yearly income. I didn't start trading yet, and I'm worried that when i start i will have worse results than you. I...

Dottom: The vast majority of the people with 1B hedge funds are probably still discretionary traders. People who can trade successfully with fully mechanical systems are exceptions in this business, not the rule. I don't care if you trade 100 shares or 100000 shares, if you intraday...

Nobody at my firm trades mechanical set-ups, the market is always changing, and if you can tweak your system according to market conditions, you already know so much about trading that you probably don't need a system to do the job for you. I wonder why newbies keep on looking for systems...

When I opened the game with three missed shots, I really wondered why did I bother to play the game at all, knowing it will be very light. Fortunately I quickly adjusted and it turned out that the three shots I missed were the only shots I missed today. Super light game but I was able to pull...

Going into today's game I knew it will be tough as the market is very strong but we most likely won't have enough volume to push through Dow at 10K and Nasdaq at 2K for that matter. Until then the market will be choppy but fortunately there was a huge energy run and despite of the fact that I...

DB: I count my volume as in each way, so it is $5000 or so in term of cents per share, throw in 30-40 or so bullets it comes out about right.

SB: When I first started writing my journals I was on the MSN board, where the members really got to know me about my stories, and they watched me literally blow by blow as I got the interview for my current job and lost money during my learning curve. Even tho that community doesn't...

I totally disagree with the above comments, it is VERY important that you have a benchmark to compare to, this way you can be very critical of your own performance. Obviously you can not compare yourself against someone who is making seven figures, but you need to have a few benchmarks if you...

Horrendous open bailed out by solid afternoon market movement. It was a very winnable game but I could not get myself into the black until literally final minutes before the closing bell. I missed the chance to score big in one of the two "real" games to be played this week (Wed/Fri will likely...

http://www.market-topology.com/ http://www.mobydata.com/comp.htm BTW, anyone know any other historical quote provider than Yahoo? I used their historical quotes for my correlation macro and it is no longer working, I can't seem to find those quotes in spreadsheet format on their web site...

Quick question here, is there any way I can get the open indication besides the Bloomberg? A great example would be the oil sell-off this week, would have been awesome if I had all the bullets ready and sold stuff off the open print that gapped down least, many of those gapped down half a...

A brutal morning turned into a day that tied my best effort of the month. Around 10:50 there was a guy who I met through Elite Trader walking into my office and I showed him my set-up, (I was watching the energy indexes so closely that I forgot to get his name lol, I even forgot to give him my...

Very good day for the firm but just average for me as I went very light and left early to ctown with Mrs F. to run some errands. It is ironic how the firm's numbers are sooooooo much better than that super rally Tuesday. I am very concerned about the energy sector destruction, would be awful...

Are you working for Andover?

SB: I am Chinese but I speak Mandarin. Do you understand my poem? :-) I am really sorry to hear that you ruined what was arguably the best possible start for a new trader. I can't believe your firm removed all risk management parameters for that MOC play, nothing in the...

A very tough game (emotionally I was not there) as I had no morning bullets when the initial rally faded, one step slow and I missed a crucial shot in EPG and from there it was all struggle . . . Chose not to churn and pulled out my third win of the week, 6300 shares on 5 of 9 shooting, +377...

SB: Today wasn't as easy as it looked, firm's numbers are far worse than yesterday's, as the market throw you a curve ball every day, when it does throw an easy one you tend to miss it. Sure we could have all loaded up our maximum buying power off the open and sold at the close and we...