Grinding it out, day after day

Quote from lescor:

Really dull week, pretty dead after the open every day. I was out of the office after the first 60 to 90 minutes each day, just popping in now and then to see if anything was going on.

+10,400 on 356,000 shrs. Daily pl was +5, +4, +3, -2, +1. Two errors this week for $2,000 each time. Accidentally held some positions over the weekend, thought I had sent closing orders and I hadn't. I had longs and shorts and every one of them was closed out as a loser Monday morning. Then Thursday I went to penny an offer pre-market and accidentally hit the bid, shorting the stock $2 below where it was going to open. I haven't had to call to request a trade bust in so long I even forgot to do it until it was too late- by three minutes! At least the other side agreed to a price adjustment or it would have been twice as bad. Otherwise very uneventful trading, nothing really stands out.
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Is the 10,400 gross or net? Regardless, not a bad "dull" week.
 
Quote from lescor:

I haven't had to call to request a trade bust in so long I even forgot to do it until it was too late- by three minutes!
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What is the time limit (how many minutes) after the trade to request a bust?
 
Quote from quicktrader12:

What is the time limit (how many minutes) after the trade to request a bust?
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It varies by exchange and there are different rules for pre-market, but in this case it was 30 minutes.
 
lescor $700 bucks on 356k shares? thats .002 a share after all fees.. i know echo's base is a min of .002 so you got to be adding liquidity 75% of the time. my commissions 1/2 yours and my net commish is much more than yours as i take a ton.
 
Quote from lescor:

My all in rate averages about .25. That is both Echo and IB combined, sec fees, ecn credits and rebates.
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lescor. what precentage of you profits are opg orders? are you still doing a lot of them?
 
Quote from lescor:

I didn't go to college. I just know real basic stuff from reading, maybe one step beyond common sense. My systems aren't complicated, I believe in simple.
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you are like Jesse Livermore....Your background is truly inspiring and should motivate every one else here...
 
Quote from Agassi:

you are like Jesse Livermore....Your background is truly inspiring and should motivate every one else here...
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many highly successful people don't have a college or university degree.. they attended the "university of life" and graduated with great honors and lescor is one of them :)

when i was a trainee..so many traders with good degrees got kicked out because they can't trade-well and i told my-self I don't wanna get axed...
i must trade-well because in the trading world, the most important is "the real good-result not the paper-qualification.

lescor is truly inspiring .... :)
 
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