Trader P/L 2005

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I knew this was coming, once you have a good day, now the naysayers and know it alls come out! Here is the deal, for clarification purposes.

I have multiple sub accounts! 1209 - 1809 and I trade orders in 5 of them. This is the combined total of all my sub accounts.

Good trading to all!

Mike

I will not respond to any negative comments or any further attacks. My P&L for the day is what it is!

EDIT: On a side note, I traded aroung 1.4 million shares this AM, and the commissions are not included.
 
Automation is our strength, and a critical element in our trading success. It allows us to execute our trading plan. I have a few clerks, who assist me with my trading and managing my sub accounts. When things go wrong, that's when I really need them, otherwise the systems do most of the work.
 
OK If it is combined multiple accounts then I can accept that. I was assuming it was one account, and REDI does not show PL like that.

Explanation excepted.
 
Mike's p/l is real, no doubt about it. I traded poorly today and made $26,000 on the open.

I had so many fills I thought that I might have made a mistake with my prices. The number of trades to manage was past overwhelming and I cancelled a bunch of open orders. I got 41 fills and shoulda had 23 more. I trade 100% manually which was a big disadvantage on a day lke this. Full automation and I'd probably have come close to Mike's numbers.
 

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Mike's p/l is real, no doubt about it. I traded poorly today and made $26,000 on the open.

I had so many fills I thought that I might have made a mistake with my prices. The number of trades to manage was past overwhelming and I cancelled a bunch of open orders. I got 41 fills and shoulda had 23 more. I trade 100% manually which was a big disadvantage on a day lke this. Full automation and I'd probably have come close to Mike's numbers.
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What's an average morning like for you guys? (meaning yourself and mike). Does your strategy apply to nasdaq or does it only work well with nyse?

thanks

mnx
 
Month to month, I'd say it averages out to about $500/ day.

Only works on nyse because nasdaq doesn't have a consolidated opening print and doesn't support the necessary order type (limit on open). They have recently started with something called an opening cross, which sounds like it's the same thing as nyse. Not available to most traders though, sounds like only market makers and institutions.
 
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