Taking 320K to 3.5million by Year End 2009

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Quote from traderNik:

it's rare to see someone telling what seems to be the whole truth on here, especially about losses.
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Gotta love a place when they cheer and believe ya when you lose and call you all kinds of names when you win.

Nothing personal here - just seems to be the overall attitude - believe ya when you say your losing and think the worst of ya when you say your winning. (except maybe geez's thread).
 
Quote from DblArrow:

Gotta love a place when they cheer and believe ya when you lose and call you all kinds of names when you win.

Nothing personal here - just seems to be the overall attitude - believe ya when you say your losing and think the worst of ya when you say your winning. (except maybe geez's thread).
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Everyone has been down the road of suffering losses. We wouldn't anyone shitting on us if we were being honest about it, so we aren't going to shit on neke (well, most of us at least).

The second comment is a lie. If you're a winner and prove it, we will celebrate and admire you (well, most of us at least).

But if you claim to routinely get 3x the ATR and never think you have to prove it, you'll be rediculed and hounded.

Pretty damn simple, eh?
 
Quote from BarbaraM:

Ok, Neke, it's that time again. Blow us all away with some awesome numbers. Many of us come to this site solely to follow your legendary trading skills. Don't disappoint us. The stage is yours....
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Why not just wait until you get the email that will notify you when Neke has posted?
 
Weekly Update for week 21/50 ended 06/06/2009

The slump continues. Down 15K (5.7%).

The emphasis has been taking the automated set-up alerts, with minimal size (about 20% of what I would normally take with my pure discretionary trades), and was having a flattish week - until Friday. Saw the market opening up strong on Friday, and decided to be adventurous. Bought 300 SPY calls, and witnessed as the market collapsed thereafter. Got out less than 30 minutes later, down 15K in stock and options.

Will continue my automated alert route, and make limited purely discretionary trades.


Code: 
Opening Balance:               	    	261,199
Net loss for the week 		        -15,062
------------------------------------------------
Net Balance:                   		246,137

Number of Trades	            	 22
Number of Profitable Trades    	    	 13


Since Inception of Thread   01/10/2009 - 06/06/2009

Opening Balance:                   	320,064
Net loss (Less Margin Interest)		-73,927	(Down 23.1%)
------------------------------------------------
Net Balance				246,137

Number of Trades	           	496
Number of Profitable Trades        	311

Top/Bottom Discretionary Trades for the week


TICKER	ENTRY DATE/TIME		EXIT DATE/TIME		QTY	PURCHASE AMT	SOLD AMT	GAIN/LOSS	TYPE
	
NKE	2009-06-05-10-01-51	2009-06-05-12-08-41	6000	351027		353764		2707		LONG
----------------------------------------------------------------------
SWGFQ	2009-06-05-09-33-21	2009-06-05-10-00-16	30000	65400		52200		-13672		SPY CALL
 
Quote from BarbaraM:

Very disappointing, Neke. I thought for sure you would double your account this week!
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Neke and everyone, I think you all need to put this person on ignore list.
 
Quote from BarbaraM:

Ok, Neke, it's that time again. Blow us all away with some awesome numbers. Many of us come to this site solely to follow your legendary trading skills. Don't disappoint us. The stage is yours....
More...
This chick is obviously in need of some Motrin to relieve her dysmenorrhea.
 
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