Taking 410K to 4million by Year End 2010

[bwolinsky]

Quote from asiaprop:

he, good laugh. But equally applicable....countless wannabe quants who believe the world yields to the same statistical properties they observed in the past, rejecting that even those properties change dynamically. Niederhoffer is a great example of someone committing such sin over and over. Bwolinsky seems to think a good programmer or a good ATS makes an automatic money machine. If it really is true I always wondered why he had to advertise his services on the shadiest websites there are. It does not exactly help your reputation but I guess to everyone his own... ;-)

To every man his own. To the rich, their lawyer is his own.

 

[BostonTrader339]

april 28, 2010

http://www.google.ca/finance?client=ob&q=NASDAQ:AAPL

268.64
+7.04 (2.69%)

Quote from TRYKtrading:

lol. an airline stock. a health website? are you nuts?

AAPL

dump every dime you have long into apple and sit back and watch it split 4:1 and break earnings wide open next quarter because of the ipad. jesus, does it have to be so fucking complicated making money trading? it's so damn obvious. and y'all miss it every time.

 

[darwin666]

neke.. have u seen BIDU.. portfolio killer or maker... i KNOW you must have played big with him..

come on. /.spit it out

 

[BostonTrader339]

Quote from darwin666:

neke.. have u seen BIDU.. portfolio killer or maker... i KNOW you must have played big with him..

come on. /.spit it out

too bad most prop managers won't let guys like neke trade bidu, or he'd have made his whole year back just today.

Baidu, Inc.(ADR)
(Public, NASDAQ:BIDU)
709.87
+88.49 (14.24%)

just sick.
time to go short...

 

[darwin666]

Quote from TRYKtrading:

too bad most prop managers won't let guys like neke trade bidu, or he'd have made his whole year back just today.

Baidu, Inc.(ADR)
(Public, NASDAQ:BIDU)
709.87
+88.49 (14.24%)

just sick.
time to go short...

WHOA !.
.. some one upgraded.. saying it is fair price.. ha ha... next stop 1000... who the hell knows.. who the hell cares.. this all looks surreal to me now !

 

[comfy_slippers]

This will be interesting to see if Neke was tempted to get involved.....

 

[neke]

Weekly Update for week 16/50 ended 04/30/2010

Nice week, up 14K (5.8%).

Once more got a lot of activity with earnings season and an uptick in volatility. Caught flat-footed on Tuesday with the market sell-off, forced out with a loss of 6K on my SPY call. Made that up and more through the remainder of the week.

Opening Balance:                	234,450
Net gain for the week 		      	 13,557
------------------------------------------------
Net Balance:                   		248,007

Number of Trades	            	 42
Number of Profitable Trades    	    	 29


Since Inception of Thread   01/10/2010 - 04/30/2010

Opening Balance:                   	410,000
Net loss(Less Margin Interest)		161,993 (Down 40%)
------------------------------------------------
Net Balance				248,007

Number of Trades	           	543
Number of Profitable Trades        	271


BIDUMAY222010700.0CALL	2010-04-29-11-40-29	2010-04-29-14-04-47	1000	28500	33500	4967	BIDU CALL
SPYMAY222010120.0CALL	2010-04-27-09-57-04	2010-04-27-11-31-35	10000	24000	17900	-6244	SPY CALL

 

[neke]

Quote from comfy_slippers:

This will be interesting to see if Neke was tempted to get involved.....

Yeah, bought the pull-back to the $705 area on the stock (on Thursday) with calls @ 28.50, closed later at 33.50. Just 10 contracts which netted 5K.

 

[coolweb]

Quote from neke:

Yeah, bought the pull-back to the $705 area on the stock (on Thursday) with calls @ 28.50, closed later at 33.50. Just 10 contracts which netted 5K.

At your capital level 200-500k, you should be trading at 10-20 contract levels.
Not 100 like before.

 

[TGpop]

Quote from coolweb:

At your capital level 200-500k, you should be trading at 10-20 contract levels.
Not 100 like before.

shut up