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-$1309 net on 199,100 shares. I'm out of the overnight position that was messing up the p/l, the blotter will line up properly tomorrow.

A lot of good advice from experienced traders. As mentioned you're overcomplicating things and don't appear to have a clear cut system yet. However from reading your opening post it seems what's really at the root of your problem is fear of being wrong. This is the most basic and classic...

PF has to be weighed with the # of trade opportunities. A PF of 5 that gives 5 signals a year isn't worth as much as a system with 1.5 PF and trades 10 times a day.

Those blanket statements are not necessarily true. Many firms will give their traders total discretion over what and how they trade. Prop firm as it's most often used on this site doesn't really refer to anything proprietary. It's just like you stated, the trader puts up money and gets...

I use ADR, average daily range (not including the overnight gaps of ATR), as a volatility measure for most of my trading. I use it in deciding position size. It's not really an indicator, just a measure of the stock's historic volatility. So it's backward looking, whereas implied volatility...

-$1191 on 64,000 shares. One of my slowest days in quite a while. The blotter doesn't line up because it's marking an overnight position from when I entered, not change on the day.

Are you looking at trading primarily equities? Stock commissions are pretty low across the board and firms are all competitive on rates. It's all the other stuff that will be the deciding factor. Buying power, haircut, interest rates, software, and of course the firm's reputation. There are...

06:27 CALLS Early Research Calls III * JP Morgan downgrades Campbell Soup (CPB 37.54) to Neutral from Overweight. Two days in a row Don, you're slipping...

bru-ta-lized. One of those days where everything sucks simultaneously and it just went from bad to worse all day. -$15,126 net on 161,000 shares

09:07 PEP PepsiCo downgraded to Market Perform from Outperform at Bernstein- tgt $69 (64.93 ) 09:08 BUD Anheuser-Busch downgraded to Underperform from Market Perform at Bernstein- tgt $45 (47.99 ) Both on In Play

BUD and PEP were both on briefing prior to the market open, 20 lashes for all the boot campers who missed it.

Done early today, holding one spread that's not moving much, otherwise flat. $5506 net on 190,500 shares and 6 ZN contracts

Swipe routes the order to all the ecn's you specify to fill up to your order size. Blast sends your order size everywhere as seperate orders. Say the stock is spreading up and I want to buy it. If i set my size to 1000 shares and swipe to a limit price, my order will route to all the market...

F1 to F4 are to cancel orders F5-F8 are sells for listed (stop, market, limit, nx) F9-F12 are buys for listed ] \ INET sell buy ; ' ARCA sell buy . / BRUT sell buy ins pgup del pgdn are swipe and ecn blast keys num pad is all sizes and size increment/decrement arrow keys are price...

$10,650 net on 210,900 shares traded.

His father does well teaching seminars, which has always been his thing. Robert had the book knowledge no doubt, but could not follow the plan, and by the time he quit, really wasn't into trading. I've stayed at his place and traded side by side with him lots and while he was a super nice guy...

Rtharp was never a good trader and dropped out of the biz a couple years ago. He worked as a construction labourer for a while and last I heard had gotten pretty involved in the 'underground world of female seduction' ala that book "The Game" and was runnng seminars or something teaching pick...

Hello September net $7157 on 192,300 shares and 4 ES contracts.

I used to track that stat from my openings too, but quit because it's meaningless. 10 cents on a $10 stock is a significant move, on a $150 stock it means nothing at all. Unless all your stocks have the same level of volatility and trade roughly at the same price, total cents is useless as a...

A few problems with this measure... Suppose trader A trades F, a $8 stock, every day for a week and makes 100 cents (the minimum increment in stocks, equivalent to a pip in fx). Trader B trades GS, a $150 stock and also makes 100 cents. Who's the better trader? Maybe measure cents per...