*Simulated* Trader P/L 2007

Quote from Marvin:



You'll never talk me out of paper trading.
More...

Wan't the point - as I still use IB's paper trading system. But if not treated as real trading it is worthless, was my point; and when you tade 30 contracts that you would not really trade.....

Chris
 
"Wan't the point - as I still use IB's paper trading system. But if not treated as real trading it is worthless, was my point; and when you tade 30 contracts that you would not really trade.....

Chris"

I understand your point, I just disagree with it. I don't find it worthless at all. It may be for some, but it's accomplishing what I want it to.
 
ER Mini
-----------------------------
#1) -1.5
#2) -1.5
#3) +.4
#4) -1.2
#5) +.6
#6) -.1
#7) -1.5
------------------
(-4.8 points x100=$480)- (7 RT x5.5=$38.50)= - $518.50

5 Day total=+ $1064.50
Today =- $518.50
-----------------------------
Cumulative=+ $546.00

I need to cut myself off earlier when I'm this off, maybe at 4 trades or $300. Tried a little something new. Don't like the look of what it did to my account or my emotions. Very disheartening. Need to look things over again this weekend. Still in development phase of things. So I guess I need to expect some mistakes like today. See you next week.

JIM:)
 
DAY 9

Goos start. Made 5.5 points. One was for 2 points and another for 1.5. The rest was my standard 1 point gainers. So the # are:

5.5 x $50 less 4 x 5 = 225 - 20 = 220

220 less 40% taxes = 220 - 88 = $132 average and I am happy with this #.

$132 Net profit going with 1 ES for 1 to 2 points.

enjoy the weekend guys! :D
 
Sold a 1000 call spreads on spx on the close of January 24th. I had a strong feeling and the odds were that this market was about to get crushed the next day. My trading plan would not allow me to do it so I took the trade on the demo account........
 

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