GoodPunk6's Trading Journal

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Quote from GoodPunk6:

What I pay in commissions is simply the cost of business. I've been trading for 5 months and have taken a check home 3 out of those 5. The two I didn't take home a check for were my first two months. So I know I can do better.

Family? Who said I have a family to support?

Perhaps your post came across the wrong way with me. But if you were trying to put me down then please never post in my journal again. If you weren't trying to put me down then thank you for your advice. But I would appreciate it if in the future, you didn't doubt me. There is nothing I can't do. I will trade for a living and be good at it.

Trend Fader, just so that you know, I did ask myself those questions. Here are the answers:

Fills - 4759
Shares - 9,422,556
Gross P/L - $14,522.19
Comm - $8,276.00
Fees - $2,250.91
SEC Fee - $544.75
TAF - $471.13
NET - $2,979.40

You see, when I look at these numbers, I don't think of more questions. I draw a conclusion from these numbers. These numbers simply mean that I need to get better. I don't give up in the face of "defeat." I learn from my mistakes and move to the next level.

Does anybody here think that these numbers are horrible for someone who has been trading for 5 months??

Good Luck



I am just curious about the charges: except commission, what are the fees,SEC fees, TAF for? Thanks.
 
Quote from Richardnyc:

I am just curious about the charges: except commission, what are the fees,SEC fees, TAF for? Thanks.

shitty day. I made $29.73 and spent about $140 making it.

I had 33 buy executions, 23 sell executions, and 227,346 shares traded.

Tomorrow has got to be a better day....
 
Quote from GoodPunk6:

shitty day. I made $29.73 and spent about $140 making it.

I had 33 buy executions, 23 sell executions, and 227,346 shares traded.

Tomorrow has got to be a better day....



Hi, GoodPunks:

I am not asking how much you made. I am just wondering could you expalin those charges except commission to me. Thanks.
 
Quote from Richardnyc:


I am not asking how much you made. I am just wondering could you expalin those charges except commission to me. Thanks.

The Nasd charges a fee of .0001 on the sell side # of shares, while the SEC charges .0000329 on the sell side (Price X Profit). This is in addition to the commission and ECN fees.
 
hey buddy,
been reading your thread, great thread,

I have a question,

What kind of capital are you trading with
when you make around $200-300 a day?

$50k? $100k?

Thanks :) keep up the good work, love that never give up attitude,
 
I have $200,000 of buying power. Cool huh?

Well, I was drinking last night. I'm hurting a little bit this morning and I can't seem to shake off the drowsiness. Regardless of how I feel, I couldn't wait to get here and trade.

Good Trading!
 
sure is cool man, hahaha
trading with a prop sure has its benefits

Keep up the trading, I wasn't net profit either at 3rd month, so good shit, you must have your rules etched and memorized in your head most of the times already.

I Sometimes break my own rules, trying to fix that myself as well.
Does get better when you trade with someone in the room, can cross reference shit and remind each other.
 
Not a bad day. It wasn't as good as I wanted it to be, but not bad at all.

I made $276 and spent about $175 making it. I churned a lot. Whatever......

I had 30 buy executions, 38 sell executions, and 182,000 shares traded.

Have a good Weekend!
 
Good morning!

I hope everyone had a great weekend. I hope everyone is in the right frame of mind to trade.

NT just reported that they had a loss of 259million so hopefully that will provide some good volume today.

Good Trading!
 
I had a decent day!

I made $415.72 and spent about $160 making it. I made two cents on 11,000 shares right at the close, saving my ass from a flat day. Unfortunately I have to rush, so until tomorrow!

I had 25 buy executions, 28 sell executions, and 147,600 shares traded.

Tomorrow will be a better day!
 
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