The Tao of Minimalistic Trading: $300 Daily Profit

More or less, same as yesterday. Finished the day with 2.25 points or $112.50 minus commish. Managed to cross the $300 mark at one point, but decided to foolishly beat the dead horse to squeeze out the last drop that only made me give back more than half of the gain. :banghead:

Code: 
Today's Trade Stat

No. of Trades*: 13
No. of Winners: 7
No. of Losers: 6
W/L Ratio: 1.17
Avg Gain: 1.21
Avg Loss: 1.04
Cumulative P/L: 2.25

* Breakeven trades have been omitted

$300 Daily Challenge (12/09/15 - 12/31/15)
Winning Days (>= $300): 8
Losing Days (< $300): 5
 
a lot of hedge funds are underwater (so i read), a lot have failed. this makes sense to me. on this, and this alone, i'm long into new yr.

speculative, by why not?

FWIWo_O

and what is more patriotic than a ramp into 2016?
 
jimmiebarton said:
a lot of hedge funds are underwater (so i read), a lot have failed. this makes sense to me. on this, and this alone, i'm long into new yr.

speculative, by why not?

FWIWo_O

and what is more patriotic than a ramp into 2016?
More...
Well, contrarian I am not. I try not to go against the crowd. I only want to front-run them. Having traded over 20 years, I've reached a conclusion that there's no such thing as "smart money" and "dumb money". They're all jackass in disguise. Hedge funds that went under were extolled (at one time) as the high-flying darlings of their days. It surely ain't the first nor the last tragic gaffe perpetrated on Wall Street. And so the saga continues ad infinitum.
 
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