This sucks

Quote from ElectricSavant:

shortly after my, 'define your uncle point thread" ...I dropped 8k....

I am down, but not out...

This sucks..what an ugly piker I am.
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sorry to hear that...how recently this happend and do u mind elaborate on your misfortune?

thx
 
Quote from aPismoClam:

worst month in a long time.
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'good' to know it hasnt been hard for me only...guess we have to place part of the blame on mkt churn innit.
 
Quote from ElectricSavant:

shortly after my, 'define your uncle point thread" ...I dropped 8k....

I am down, but not out...

This sucks..what an ugly piker I am.
More...

Hey now don't beat yourself up friend. :) You are a seasoned pro. You will be back in no time.
 
Quote from Bitstream:
Summertime. Worst time to trade. I trade FX only and summer is the time to take off.

Tan looks good. Read all the books I wanted to. Went to Tahoe and Jackson Hole. Rested and recharged.

Back at it the Wed after labor day. I think I will go to the beach for a week

Cheers all - Sept will ROCK!

Happy pips!

'good' to know it hasnt been hard for me only...guess we have to place part of the blame on mkt churn innit.
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Quote from Bitstream:

ror, 100k shares a day aint nothin', that's what i do on my very busy days and am an intraday position trader....those who regularly bank that kinda profits usually do 1mln minimum of shares per day.
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intraday position trader? I thought position traders held for weeks. How many trades a day for you Bitstream? and how many positions? (rough average) and you hold them for most of the day?
 
Quote from marketwhizz:

intraday position trader? I thought position traders held for weeks. How many trades a day for you Bitstream? and how many positions? (rough average) and you hold them for most of the day?
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well, as a daytrader u either scalp or position trade, no 2ways about it. i make max [rarely]50-70 r/t a day on my worst days [churn], so yeah, on those sessions i scalp quite a few times ; am no good at it but have no choice. the numbers of trades is high because i can't see opportunities and i take a lot of chances. on my best days i dont make more than 20-30trades a day and usually are all scale-in and out in the same stock when is trendin', buildin' my position from open [or there about] 'till close. sometimes i'm done with 10 trades if i find a stock that trends big time.
 
Quote from Bitstream:

well, as a daytrader u either scalp or position trade, no 2ways about it. i make max [rarely]50-70 r/t a day on my worst days [churn], so yeah, on those sessions i scalp quite a few times ; am no good at it but have no choice. the numbers of trades is high because i can't see opportunities and i take a lot of chances. on my best days i dont make more than 20-30trades a day and usually are all scale-in and out in the same stock when is trendin', buildin' my position from open [or there about] 'till close. sometimes i'm done with 10 trades if i find a stock that trends big time.
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interesting, tx for sharing bitstream.
 
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