Search results

#trades: 117 #shares: 14200 adjusted net: $13.84 gross: $10.40 Started the day going for BRUT credits on EWJ. It was initially stressful as the best ways to get filled are when a level swipes, but this means I'm constantly going against the market. Had to take frequent breaks to calm...

Sure. You can go to http://www.nasdaqtrader.com/trader/tradingservices/productservices/pricesheet/pricingprint.stm and see some more details, but in short, all of the ECNs are competing for business. Many charge to trade on their systems, some are free depending on whether you add liquidity or...

#shares: 5200 #trades: 50 adjusted net: $3.56 gross: $2.70 Worked to make sure I went into the day with a positive attitude. I had a reasonable day and I wasn't self-destructing, so I guess that's something. The morning was quiet so I just traded for the spread in L and EWJ but...

Szeven, Maybe this reveals just how dumb a noob I really am, but what do you mean by "manage orders outside the market"? Does that mean you post bids and offers at each cent above and below the open price and, when you get filled, try to close for the spread (0.01)? And, what does it mean...

Painful, horrible day, and it all started out so good. I was confident, happy, and prepared for a great day of trading. I was set to trade EWJ and enjoy a little ride, especially since it had gapped up so nicely. Only the thing wasn't moving. I entered into a couple of positions and closed...

Mike, thanks for the tip to seek out a mentor. It has been rattling around in my head, but I haven't found anyone that I really admire yet. Sad, huh? The sister of a friend of mine is quite good (a couple thousand a day), so I'm hoping that I can spend some time with her, but she lives quite...

So anyway, this week I've had four down days (lost between $1.30 - $5.60, after transaction costs), and today is my first positive day. The "adjusted net" is without the firm's execution costs, which they waive while we learn. It's the one that really needs to be positive. trades: 39...

I've just quit my job and joined a prop trading firm to live out the dream of professional speculation. I've been at it for a week now, and what do you know, it really is as hard as everyone says. And then some. I want to keep a trading journal for myself and as I've been very impressed...