Grinding it out, day after day

njrookie1 · Jan 16, 2012

Lescor trades prop. The amount of capital/equity contribution is irrelevant. When your prop firm is comfortable with you, your BP is rather unlimited.

kcgoogler · Jan 16, 2012

Quote from njrookie1:

Lescor trades prop. The amount of capital/equity contribution is irrelevant. When your prop firm is comfortable with you, your BP is rather unlimited.

I know that. And thats why i care about his capital contribution only a little (but its still useful information). I am more interested in the amount of money he put to work - his average working capital.

ps: actually, Lescor you probably also know the max capital you put to work. Thats very useful also

if you can provide.

wrbtrader · Jan 16, 2012

Quote from austinp:

...With current liquidity and volatility down across the board, swing trading currency markets and/or day-trading the higher beta symbols like TF, CL are the only solid games left to work with.

My own workdays now begin at 5am est, an most of the time I'm done with nothing more to do before noon. Like it or not, resist the facts or not, this is a new world order for all financial markets... probable to remain that way.

A few of the best futures traders I know are adapting this way.

Lescor a few times mentioned he trades Emini ES futures on a few occasions and he did mentioned in his 2011 results that he traded 500 futures contracts. I wonder if he's traded LESS futures contracts in comparison to prior years or if he's adapted similarly or plans to adapt similarly via switching trading hours or trading instruments for those occasional futures trades.

boba15 · Jan 17, 2012

Quote from lescor:

2011 Recap

This was my worst year since my first year trading full time in 2002.

Lescor, somehow I feel that could be an inappropriate request, but if not, would you mind disclosing profit per year since 2002 and number of shares traded?

kcgoogler · Jan 17, 2012

Quote from boba15:

Lescor, somehow I feel that could be an inappropriate request, but if not, would you mind disclosing profit per year since 2002 and number of shares traded? [/B]

I would be very very surprised boba even for someone as sharing as lescor to post what you want. Its just a pain to go back all those years and gather all that information for you; if at all possible.

If you dont mind a suggestion.. why not use what he has provided over the past 2 years and assume that to be his average - numbers from 10 years ago dont matter that much anyways. Things change.. you know. trading styles; nos of methodologies he trades. volume. etc etc.. specially for someone doing as high a volume as lescor does last two years of data is good enough.

just my 2cents.

-gariki

saxon22 · Jan 18, 2012

On a lighter note. How is the house construction going? Is it finished yet? Pictures???? Could it be that moving to a new place caused some kind of imbalance, stress, anxiety that reflected itslef in trading?

etile · Jan 18, 2012

Quote from saxon22:

On a lighter note. How is the house construction going? Is it finished yet? Pictures???? Could it be that moving to a new place caused some kind of imbalance, stress, anxiety that reflected itslef in trading?

this is something I'm actually interested in hearing about. Any pictures of the construction?

Eddiefl · Jan 18, 2012

Quote from boba15:

Lescor, somehow I feel that could be an inappropriate request, but if not, would you mind disclosing profit per year since 2002 and number of shares traded? [/B]

Boba=IRS agent.

wtf....haha,,, ummm, do you mind showing me your last 12 month checking account statements,,,ummm,, would be great of you.

EF

sfbayarea · Jan 18, 2012

Quote from Eddiefl:

Boba=IRS agent.

wtf....haha,,, ummm, do you mind showing me your last 12 month checking account statements,,,ummm,, would be great of you.

EF

Lescor is in Canada. unless you mean Canadian IRS agent or whatever they call them up there. He hasn't been feeling well so let the man recover first.

Eddiefl · Jan 18, 2012

Quote from sfbayarea:

Lescor is in Canada. unless you mean Canadian IRS agent or whatever they call them up there. He hasn't been feeling well so let the man recover first.

.

Even after he recovers, i dont think he would have to show the info the poster requested.

I think he has shared sooo much with us already.

EF