not singling you out liquid, but i just think its sensless to waste energy trying to outguess the market...just trade it how you see it as it happens, although you make a good point about danger of a spike which isnt really the saem thing, just good awareness, so i guess my .02 is you gotta be aware but not trying to outwit the market
BS trading today
- Thread starter theShadow
- Start date
not singling you out liquid, but i just think its sensless to waste energy trying to outguess the market...just trade it how you see it as it happens, although you make a good point about danger of a spike which isnt really the saem thing, just good awareness, so i guess my .02 is you gotta be aware but not trying to outwit the market
Quote from ryanmitcho:
give me a break, where are the real traders on this board?? yeah, this week has been tough, lots of fakeouts, specialists holding orders until they want to fill you, greater than normal slippage and hardly ever any price improvement, but you can still make money. However, I have been at the computer ALL day this week and leave mentally and physically exhausted- this is not fun trading and the money IS harder to make, but it is there.
My P/L for this week (NET):
Monday 3rd: 1086
Tuesday 4th: 4251
Wednsday 5th: 2348
no, those are not negative numbers and no, i am not full of shit. I am not one of the pikers that need to come to this website and lie about my ability. so, quit your whining and start hustling. the guys that sit on the sidelines bitching about "oh, its not fair, its so hard, this market sucks" are obviously trying to make excuses for their failure to make money. I am not trying to be cocky or condescending, just saying that everyday the markets are full of opportunities to profit, you just have to know where to look
those are nice numbers if there legit, and you def. make a good point, and along those lines i think a lot of people fail to see i guess call it the silver lining b/c they are too busy bithcing; i.e if something acts differently or you get "screwed" there is prob. a reason for it and it should tip you offer to a good trade....
All well and good to post your results, but I think it would be instructive and fair to also post the kind of SIZE that it takes to make those numbers.
Notice I'm not asking anyone to reveal technique.
Example, if I trade 100k of SPY and claim to have made 10k today, well, that's a bit misleading.
Notice I'm not asking anyone to reveal technique.
Example, if I trade 100k of SPY and claim to have made 10k today, well, that's a bit misleading.
I scalp on 1000-3000 shares and on average trade 150K shares/ day. I usually pay around $1000 in commission and bullet costs/ day and the rest = my payday 
Quote from ryanmitcho:
I scalp on 1000-3000 shares and on average trade 150K shares/ day. I usually pay around $1000 in commission and bullet costs/ day and the rest = my payday
Thanks for the info. I think that puts things in perspective for those that thought you may have been posting those numbers with 100 lots
Lesson: once you are a profitable trader, the WHOLE game is size, churn and opportunity.