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    Trader P/L 2008

    No blotter on Friday because I left early but it was another top 5 day for me making +$2,557 net. Today was also not far off again – I netted $2,046 I’m really happy with the way the end of this month has gone. 2/3 of the way through June, I was getting a bit worried to be honest...
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    65% win ratio with 1:1 risk/reward?

    To labour the point slightly more - in trading I try to emulate a casino, playing on the house side (like many other traders). i.e. Develop a game (trading strategy) with the odds in your favour and play it as many times as possible. Think about roulette. The R:R for the casino is...
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    65% win ratio with 1:1 risk/reward?

    I totally agree with lindq (who, btw, it a much more experienced and successful trader than I). I have already shown you the stats to one of my systems, which is now my 'favourite' due to its consistency. I have another system which is more of a swing style. The risk:reward is truely...
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    Trader P/L 2008

    Thanks to Moriartron, 5001 and dinoman for your comments yesterday. Nordik, Powerfortier and Rocketeer - nice trading today. For me, it was back to normal. The market busy, but my strat was quiet. Happy to keep it green. +$675 net Have a good night all
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    Trader P/L 2008

    Thanks TheRocketeer, 5001 and Nordik. Feeling the love and feels good to be part of the community on this thread. There are some real inspirational posters on this board. Pleased to say that today was my best day ever: +$3,441 net. :D Not doing anything special / different - strat just...
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    65% win ratio with 1:1 risk/reward?

    I know what you are getting at but the point is that (as you stated) you have already backtested and discovered the (historical) optimum profit target. By trading at all you are implicitly saying that you do not think that stock movements are random and "normal" or any other regular...
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    65% win ratio with 1:1 risk/reward?

    Without wanting to spend ages with loads of specific examples: Consider a situation where I am long a stock from 25.00. My research tells me that the "optimal" profit target is 25.25. Stop might be 24.75. Market edges up to trade .20 or .21. My system might begin to scale me out around...
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    65% win ratio with 1:1 risk/reward?

    Think you need to chill out a bit - you seem to be throwing facts around when they are really your opinions. To be fair, I actually do agree with your basic points. However, scaling out can have benefits on occassion, esp given maximising profit is not your only goal (well, it's not mine...
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    Trader P/L 2008

    3rd decent day in a row - happy with that +$1,038 net
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    Trader P/L 2008

    Decent day +$1255 net
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    Trader P/L 2008

    One of my better days net, with a record day for volume. +$1,850 net
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    Trader P/L 2008

    The middle part of this month has been really, really slow. Yesterday was b/e and today another tiny total on tiny volume. Opportunities for my strat have dried up. Hope expiry tomorrow brings some more (profitable) opportunities.
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    Trader P/L 2008

    just slightly better than breakeven. quietest day in a while.
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    Trader P/L 2008

    Tough times in team CBuster right now Friday I didn't post. Bottom line: +300 usd net after a pretty hairy start to the day. Today, my main strat had it's worst day so far. Overall -1,160 usd net.
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    Trader P/L 2008

    Slight pick up in activity for me today but still a quiet week overall. +945 usd net
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    Trader P/L 2008

    interesting markets but another snooze-cruise for my strat.
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    Trader P/L 2008

    Another snoozefest. Happy to finish in the green
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    Trader P/L 2008

    respectable: +942 usd net lol Redink - looking forward to the day when I 'can't complain' about 3 G's p/l. you're a real inspiration on this board, along with a couple of others.
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    Trader P/L 2008

    Paid a lot of comms today so net was near breakeven Nice trading Red Ink, Rocketeer, Dinoman, 1Reason. And AngryHermit - great to see you have a good week.
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    Trader P/L 2008

    +720 usd net not bad given the low shares traded...
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