Record of my Trades

Quote from BBroken:

I've been admiring your trading prowess for a while now (as a lurker) and finally thought I should thank you for sharing. My curiosity has also aroused a few questions:

How long did it take you to become profitable?
What is the minimum amount of capital --in your opinion-- that would be required for your strategy? Did you ever use a different strategy when you had less capital? (If you started with less, that is.)

I apologize if you've answered these questions before, and if --for any reason-- you find it unfitting to answer these that's fine, you share a lot already. Thanks again for sharing.
More...

Hello BBroken,

Thanks. I have been trading for about 25 years with some profitable and some not. I changed my trading style in 2002 and that made a lot of difference. Books like Tom Demark helped a lot as well.

Its a work in progress and thats why I post my trades. As I have become more comfortable with my signals I have increased the size of the trades.

I would not feel comfortable with any less than 30K with this style and it requires the account to be approved for PDT.

With this strategy I have always had more than 28K to trade with but I also traded less size than I do now.

I have used other strategies with less capital without success (due to my personality and not other reasons). I am currently working on a trend following strategy that could use a lot less money and hopefully will not need to daytrade but thats probably another month out before actual money is used and it gets posted here.

Somewhere along this thread is a more full theory behind my madness...

Best of trading to you
 
RMBS shot up about 5 on the chart and did so in about six minutes.

Shorted 2 @
22.96
23.23
23.63
24.07
24.49
24.69
24.49
24.62
25.48
25.72

20 @ ave 24.33

closed out a few minutes later 2 @
24.15
24.01
23.90
23.78
23.84
23.64
23.87
23.79
23.69
23.73

+988 for the trade
 
Having the market down today sure was a welcome sight with taking LEAP short home with me last night.

Ended up to be a good trade.

The biggest thing today was RMBS, while I did trade it two times today the second one was the most interesting.

around 2pm cst the chart jumped up and it moved about 30% or five bucks on the chart. very fast and large move. I faded the move and ended up with the best trade of the day.

now flat

+ 2497 for the day
+ 5105 for the week
+ 14710 for the month
+ 24666 for the year
 

Attachments

Boring day in a good way. Super way to end the week with a nice profit.

Only one real trade and one that I pushed though with a gut feeling. Both turned out well.

Have a great weekend everyone !!!

+ 769 for the day
+ 5975 for the week
+ 15580 for the month
+ 25536 for the year
 

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