Search results

Great trading there :cool: :cool: Who knows maybe a junior trader on a bank's equity desk drank too much yesterday night and has still not sobered. Or maybe pissed that his MD is out on vacation whereas he is there manning the book. Tomorrow, his MD will be pissed, back at this desk from his...

Man this is getting seriously funny and most likely insanely profitable for you as a seller. If you sold even 1% of it, you are saying you just made 400k today on this trade.....and in case you sold 3% of it, you made a cool 1.2 million. Wow!! Holiday trading can be wildly profitable it seems...

I thought I would bump this thread up again for Baron's consideration. Maybe a Christmas/New Year present to us ETers :)

well it did and thanks for the forewarning :) but unfortunately i was on sidelines at least for this journal :(

Now trading March 2014 contract. Short 6 ES at 1831

Rosy, what do you use for backtesting?

My confidence in the prop industry has got shaken a lot. Echotrade selling itself off is similar to merril lynch selling itself off to BAC in the world of investment banking. There are guys out there with these firms who earn half a million or more. But the sudden exit of one of the...

I am referring to entire process - signals, taking 80% of signals as a computer would take them and using discretion on 20% of signal entries and signal exits, depending on context etc. (basically the things not covered in the code yet). I am also referring to changing position size by...

I manually execute my trading strategies. Because: I think I can outperform my strategies on average. However this out-performance is accompanied with bigger DD compared to if I execute my strategies using a computer. It also leads to stress and less time for further research. Acrary (ETs...

what happened to your airplane?

Markets have been choppy yesterday and today and have not shown any sustained momentum. My prognosis for the next week is that we are going lower however 81-85 area might be a good place to initiate fresh shorts. Not sure where did Santa go this time around ????!!!!!!:eek: :eek:

out 77.5 fofr 1.5*10*50 = 750 USD.....haha pocket change Account Equity = 49,425 + 750 = 50,175 USD

10 contracts Long 76

out 78 ....phew that was fast... 4*10*50 = -2000 loss No long 10 @ 78, out at 78.....will wait ...anyways its friday. account equity = 51,425 - 2000 = 49,425 USD

Hello murrica, yes your comments are valuable :) My aim with this journal was just to get some practice keeping trades over multiple days and expressing my medium term views on the market. Its a pleasure to know that this journal alongwith all its limitations like being a paper journal etc...

Now Short 10 ES at 1774 ---just a quick intraday trade....looking to buy back around 1770

PL1 = loss of 5 points (83 to 78) on 6 contracts = -5*6*50 = -1500 USD PL2 = loss of 9 points (83 to 74) on 2 contracts = -2*9*50 = -900 USD PL3 = loss of 3 points (77 to 74) on 3 contracts = -3*3*50 = -450 USD Total loss = -2850 USD Account Equity = 54,275 - 2850 = 51,425 USD

out of remaining 5 at 1774. Flat now.

Sold 6 here at 1778. Keeping 5 long contracts on.

my simple thinking mind would say ignore volume on rollover days in your analysis....problem solved....does it sound ok?