Suggestions for trading journals

Quote from small_beer:

More importantly for quick scalpers, it's rather impractical. I think that the trading journal along the lines suggested by the OP is okay if you are a swing trader (longer term trader) or an infrequent day trader, but for others it could be too much to ask for.

Fair comment. I did mention that shorter term traders will have to do it differently. But you are right that I probably biased this thread based on my own trading style. Anyway, I appreciate you making an honest reply, thanks.
 
Quote from Ghost of Cutten:

Why do you think trade frequency has anything to do with profitability?

Let me get this right - you are trying to say that someone making a call of short gold from 1500 to 1200 in a month has a problem making a living?

Ok big shot, I'll take you up on that. Show me an equivalent call. In fact, I'll make it easy for you - show me a call half as good as that. Show me a journal half as good as that.

Come on big man...this should be easy for a trading legend like yourself. Step up to the plate, back up your big talk with some action.

The field is yours, atticus...show us how good you are!



You should have followed it.... 3% drawdown on a 40% return.

http://www.elitetrader.com/vb/forum...ortfield=postusername&perpage=20&pagenumber=6

Something on the order of 400 real-time trades, all marketable. I made >10x risk in the last journal (single-name delta book) in which a few guys here followed each trade with similar returns. Some did better (on fills).

You can't really be serious. All of your conditions and prerequisites and you've yet to meet one of them.
 
Quote from Ghost of Cutten:

Fair comment. I did mention that shorter term traders will have to do it differently. But you are right that I probably biased this thread based on my own trading style. Anyway, I appreciate you making an honest reply, thanks.

That's great, but what style would that be? Passbook savings?

When you come down off the tilt-a-whirl I've got a suggestion. Screw your Methusela journal and we'll give Baron or Magna our account numbers. The best %-return wins. Either loses 10% and they're automatically disqualified. Both hit 10% down and contest is a draw. Loser pays winner $10k. The only other stipulation would be that we must trade exchange-listed products.

Aug 1, 2013 through Dec 31, 2013.

The proctor has a week, post wager period, to vet the performance of each account to determine that no adds were made. Simple. Loser pays upon completion of the ET audit and we post the returns to a thread.
 
Quote from atticus:

That's great, but what style would that be? Passbook savings?

When you come down off the tilt-a-whirl I've got a suggestion. Screw your Methusela journal and we'll give Baron or Magna our account numbers. The best %-return wins. Either loses 10% and they're automatically disqualified. Both hit 10% down and contest is a draw. Loser pays winner $10k. The only other stipulation would be that we must trade exchange-listed products.

Aug 1, 2013 through Dec 31, 2013.

The proctor has a week, post wager period, to vet the performance of each account to determine that no adds were made. Simple. Loser pays upon completion of the ET audit and we post the returns to a thread.

July 1, 2013 through Dec 31, 2013?
 
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