TOTAL HONESTY: how much did you lose today?

only made 60 something points on the YM...should have held for more, but couldn't move my target fast enough. I was busy moving my stop down. Ah well, there's gonna be another one in January. I'll do better then.
 
Quote from xiaodre:

only made 60 something points on the YM...should have held for more, but couldn't move my target fast enough. I was busy moving my stop down. Ah well, there's gonna be another one in January. I'll do better then.
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do you focus on the YM solely?...by the way, a 60 point YM day is great!!!
 
Quote from condorll:

This thread is loaded with newbies and amateurs with rinky dink accounts and short term short profits. A serious trader, a real trader working with numbers, big numbers like me, lost today. You just can't get out quick enough.

I have been trading for over 20 years. Made 13-14% in the past couple of weeks, gave back 0.5% today. Almost all cash now and on the hunt. Gonna kick ass and clean out some of these newbies.
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Woh.. Baller..

Go get a room with yourself..

Made 2 today, thought 50 was priced in.
 
Quote from cdcolvin:

I did not lose today, but I am no genius, I got lucky. I use ToS. I heard the gong go off in my software and noticed the FED had announced the rate cut. I checked the DOW and saw a red candle growing larger and larger so I purchased 100 shares of TWM. When it was up a $1, I put in a $1 trailing stop. The rest was history. I was on the sidelines otherwise. Market to volatile for me and I can't watch my account as much as I'd like to.
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As I said, I am no genius. I gave it all back this morning when it gapped down. I got out (stupid stupid me). Because I fall below the account minimum by a couple grand for being a pattern day trader, I picked up DXD this morning when I observed the Dow tranding down. We'll see.
 
Quote from Daal:

what was your reasoning
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Great question. Not cutting the disc rate further, I thought maybe some signal of enough rate cuts. Didn't think the Disc window was this big of a factor now, either. Combine with that of whipping myself into a frenzy of trading and POW! Expanded ranges means expanded entry = Losing on buying bonds early, too.
 
Quote from condorll:

This thread is loaded with newbies and amateurs with rinky dink accounts and short term short profits. A serious trader, a real trader working with numbers, big numbers like me, lost today. You just can't get out quick enough.

---Snip---
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Well, I'm not a newbie, but I do trade like one.

:D
 
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