Iterative Refinement

Quote from ChkitOut:

Now that wasn't so hard was it?
Well, you didn't show your entire blotter or the p/l portion but ok, its a trade. Unless you only made 1 trade today. Anyway, hopefully you'll take me up on my everyday for a week offer. I don't care if you show losses, thats not the point. Don't be worried that you'll be bashed if you show losses 1 or 2 or 10 days in a row.


Even though nobody will say so, most everybody, I'm sure, appreciates seeing the actual trade.

You learn theory in school and then you want to see the theory applied to real world conditions. Thats were the trade details come into play!

I feel like I'm on an island all alone in my quest for more trade details on a daily basis (proof of consistency) from those that know what they're doing. Does anybody owe me anything? Certainly not, but what the heck, so much time is spent posting why not post whats really important. Moolah! Real world trades to solidify the theory. Jack talks about CASH all the time.

I'm not one of those trolls that post thousands of hershey bashing threads. I'm just looking for the honey so to speak.

If you look at the trader p/l thread you'll see stand up guys like lescor who posted on a daily basis for months to show people that yes trading is possible (of course he didn't tell us his system like spyder is).

Didn't spyder ask Mr_black to explain his trades in a previous post? So is the
teacher the bad guy just like me?


If I were profitable on a daily basis or semi daily basis I would be proud and more than happy to post my details to show the hundreds watching yes it can be done and here is the proof so you might learn something.

If nobody here is consistently profitable and is still in the learning phase then JUST SAY SO! Its OK.

Edit: I'm not going to ask anymore. If traders want to post blotters great. If not, dont. Good night and good bye.

amen to that.
 
Quote from Padawan:

how you guys/gals handle power outages, especially if the pace is fast/extreme. Do you simply phone your broker and exit?

Grab yourself a backup UPS to give yourself enough time to exit the trades. In case of broker outage, have a backup account so you can hedge your position and go delta neutral. In case of connectivity issue (See 'Poncho cut the cable'), have a back up internet connection. I use the same Mobile Air Card I carry when I travel. In case of an Exchange Problem know what products can create a hedge based on size of your current position (ES to SPY, etc.) on another exchange and again go delta neutral. Have all this at the ready - just in case - including the number to your broker should you have to phone in an order.

- Spydertrader
 
Appreciate some words of wisdom from anyone on a stock, BONT, that has already bitten me once recently and I, stupidly, am thinking about going back for more punishment.

My view is that the stock has been going lateral for over 3 months and I see a glimmer of volume increase in recent days.

Any particular thing that would presuppose you to this being a false breakout? My first reaction is that I would have expected a super breakout volume day after so much lateral action and I do not see it or maybe my chart is out of sync or I am just missing something.
:confused:
 

Attachments

Quote from chuy:

I am just missing something.
:confused:

The single most important component of your chart is Volume. On your chart, I cannot discern whether Volume has increased or decreased over the previous day. Could you resize and post another version, or simply post the Volume levels? Also, WTF is that green channel? How did you arrive at its Points One, Two and Three?

- Spydertrader
 
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