Stock Scalper's P&L

[stockman007]

We were on fire on friday, however today was a bit slow:

CTTY [missed,no fill]
SMTX -.07 [1000]

Loss after commissions: -82
Time in Market: 10 minutes

I guess a Tiny pullback after a large gain day is Bullish

 

[stockman007]

Here is what happened today:

BIDU -.80 [500]
GRVY -.80 [1000]
MATK -.33 [1000]

Loss after commissions: -1600
Time in market: Unsure

Too many bad trades today. Very bad day.

Stockman007

 

[joema]

wow, seems you all are very good scalpers! i'm so surprise to see the p&l you post above

i did a bad trade this wednesday

Long SANM 6000 shares @ 5.00


cut it all @ 4.97

net: -200


btw: stockman, how do you determine your shares before you enter a trade, i saw your trade record you traded BIDU for different shares everyday, i wonder the reason why

thanks

 

[stockman007]

I am also now making some 100 share intraday swing trades to take advantage of some of the great trending moves in some of the stocks. Here is what happened on thrusday september 1:


No Scalping Trades

Profit after commissions: 0
Time in market: 0

100 share intraday swing trades:

AVID +3.65[100]
RIMM +1.75[100]
ASTE -.50[100]
CELL +.50[100]
GERN -.30[100]
ASEI -.20[100]
WYNN +0[100]

Total gain: 4.9 points x 100 shares

I did not trade friday, september 2 because of lack of volume due to the 3 day weekend.

joema, I do shares according to risk. BIDU has excessive risk and high spreads as opposed to some other stocks. I can even do 1000 in GOOG but not in BIDU as it has a very low float and high spread which can quickly wipe you out. But if traded correctly, it is so easy to make money with BIDU because of its fast moves.
I may even trade 1000 shares of BIDU on days it has heavy volume and momentum.
thanks

Stockman007

 

[r-in]

What happened to the trades?

 

[stockman007]

R-in, I also work while I trade and therefore I cant trade everyday. Today I only traded the first couple of hours and here is what happened:

BIDU +1.00 [500] Less shares on breakout.
BIDU +.50 [1000] More shares after confirming breakout.
BIDU +.25 [1000] More shares after confirming breakout.
ISRG +0 [500]

Profit after commissions: +1203
Time in market: 4 mins and 6 seconds

This monster was very volatile this morning, but with precise entry and exits we were able to do it.

Also, since this is a scalping thread, I would not be posting 100 share intraday swing trades in here again.

Stockman007

 

[dafishman]

Something smells about all of this....I would need to see some copy of your statement to believe all of this. You stated before you would show it. Many people have said how to do it, you started this thread and if your touting, you should show what you make, otherwise its BS. Thats my 2 cents on this matter. Also, from doing so well, to not showing daily results and now your working all day. HMMMMmmmmmmmmmm, something smells.

 

[stockman007]

Quote from dafishman:

Something smells about all of this....I would need to see some copy of your statement to believe all of this. You stated before you would show it. Many people have said how to do it, you started this thread and if your touting, you should show what you make, otherwise its BS. Thats my 2 cents on this matter. Also, from doing so well, to not showing daily results and now your working all day. HMMMMmmmmmmmmmm, something smells.

Something smells huh? then dont read the thread.

 

[Mr Savage]

Quote from dafishman:

Something smells about all of this....I would need to see some copy of your statement to believe all of this. You stated before you would show it. Many people have said how to do it, you started this thread and if your touting, you should show what you make, otherwise its BS. Thats my 2 cents on this matter. Also, from doing so well, to not showing daily results and now your working all day. HMMMMmmmmmmmmmm, something smells.

Of course it smells..just like he does..he is nothing more than a shill for a paid service..but hey, if it generates hits here which to the powers to be means ad revenue, you can see that he is allowed to continue his con here.

 

[winter]

Quote from dafishman:

Something smells about all of this....I would need to see some copy of your statement to believe all of this. You stated before you would show it. Many people have said how to do it, you started this thread and if your touting, you should show what you make, otherwise its BS. Thats my 2 cents on this matter. Also, from doing so well, to not showing daily results and now your working all day. HMMMMmmmmmmmmmm, something smells.

I'm a member of the same site and can confirm that the trades stockman007 listed were called yesterday in the room. I missed one of the key BIDU trades that gained a full point and consequently I netted only around 600 and change for the day. If you ask nicely I'll post my trades but to be honest I did that already once before earlier in this thread so I'm not sure what the point is. Either you believe this is real or you don't, repetition doesn't seem to matter.

I'm sure that just makes me a shill for the site too, does anyone know the going rate for being a shill is? I'm clearly not being paid adequately for my services.

Just so you realize its not all roses, we have losing days too, here is the room performance from the last 10 trading days (scalps only), it nets out to +740.

24-Aug +650
25-Aug +40
26-Aug +450
29-Aug -100
30-Aug -1900
31-Aug -600
01-Sep none
02-Sep +100
06-Sep +450
07-Sep +1650

Note that these are real results based on the average of the room participants who are trading, they are not theoritical. During the same time a new non-scalping intraday system also netted an additional $600 (not included the results above)