Search results

Back in the saddle. First day of trading was on 3/1. Starting back slow trading 3 stocks intraday (F, FDX, FFIV) along with pairs. Got carried away a bit with F on Friday and ended up dropping 650 on it that day. Overall still a pretty decent week. Friday was a good day due to pairs that I...

Repost.

Keep up the consistency Prop.

Leverage down I will. I never had to look at it like this in the past. I was so blinded by my success first 3 years of trading that I ignored the big PL swings cause I was always able to get it back. All about the singles now.

Prop, appreciate the advice. I am looking at everything right now including trades that have gotten me to this point. Funny thing is, had I stuck to original trading plans, I would be up for the year. I am trading too much size for what I am going through right now. It has always been a...

Thanks ElecEquity. My reason for another break is to stop forcing it. When I return, slow and steady. One day at a time. One strat at a time. Only way to survive what I am going through. This is my first rut that has lasted this long. All part of becoming a better trader.

The slide continues. Don't have much to say. I am just not trading rationally. Decided again to reset, this time for 2 weeks. A true reset, no charts, no trading, no financial news, nothing. I will start back on Feb 28 with the thought of "one day at a time". If I feel the urge to trade...

Checking to see if anyone living in the Charlotte area would be interested in shared office space. PM me if you are interested. Thanks.

Welcome back. If you are finding more green between 10:30 - 12, maybe that is where you want to place the size and scale back other time frames. Just a suggestion. Hope the break helped clear your mind. That is what I am trying to do AGAIN the next 2 weeks.

Ask yourself this question: Would you loan somebody 25k for this same position (30k position - 5k trader capital) and allow them to carry it overnight with any losses greater then 5k being your responsibility. I highly doubt it.

Redneck, you are spot on. I do not disrespect my mentor since he taught me a ton. It works for him, so be it. I am getting better. Unfortunately, I got away with it for 3 years cause of the volatility in the market. I have been trading 3.5 years and this is my first "REAL" drawdown, going...

Thanks ElecEquity. One of my biggest downfalls is not being able to take small losers. That is one thing I am working on. I was taught by my mentor to always fight fight fight a position. That works for some but not for others.

Not much to write home about this week. Even though my results do not reflect it yet, I am glad to be back to pairs trading. It is definitely my comfort zone and allowed me to stay in the game this week. Without them, could have been much worse. Strange how getting back to basics allows me...

I assume you already tried tweaking the strat. Making a blanket statement that no amount of tweaking can fix a strat is not good adive imo.

Sometimes is takes drawdowns like this to realize that a strategy needs to be tweaked. I would either size way down or trade it in sim account to figure out what you have to change. I am speaking from experience. Had to do the same thing with pairs strategy and it is finally working now...

Slow and steady. Added pairs trading back into routine keeping size small and stretching out time frame. Other strats I am currently trading are options spreads and individual stock RTM and trends. From this point forward I will post weekly. Feb 2 Net P/L: +250 on 37k shares

Started back yesterday after the move and break. Going to take it slow with small size. If I feel myself getting heated about any trade or the market, I will get up and take a walk around the block to cool off and put everything into perspective. I did it today as the market rallied hard...

I choose to view the market as being right. It is how I deal with the psychology of trading and how I keep from staying stubborn regardless if I am fading or trading with a move. Now lets not ruin a great thread started by lescor; it certainly was not my intention and in the future, will...

Do you have an edge trading earnings? Not looking for specifics, just a yes or no answer and if it is price action or fundamental based. Thanks.

Rule #1 in trading: the stock market is never wrong.