Trader P/L 2005

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I only post net profit, I agree it wouldnt make sense to just post a gross # without the shares #.

Quote from Dr_Explode:

Suggestion (for discretionary traders): include the # of shares traded in addition to the gross profit.

Doesn't make sense otherwise, to me.
 
What really would make sense is besides net profit what is the % gain on account.
But it is understandable most people would not want to post that.
$1000 profit on a $15,000 account is quite different from a $1000
profit on a $60,000 account
 
ppl posting here most likely have access to 30:1 leverage. % gain on account would not make sense.



Quote from monee:

What really would make sense is besides net profit what is the % gain on account.
But it is understandable most people would not want to post that.
$1000 profit on a $15,000 account is quite different from a $1000
profit on a $60,000 account
 
Quote from limitdown:

is that right?

+59,525.00 ???


man, you're doing something right....

I could learn from you? how about the rest of you guys?

i could learn also. lets get him to come to the trading expo in vegas and put on a seminar.
 
Quote from EchoPatrick:

yeah it was good, real good for me, but not as good as Corey. nice trading. been real busy lately and have decided to post P/Ls next month, but today is my best day trading. Did 4K in other account and +400 in Eurofutures.
patrick

man!

what did you guys do?


can you pm me your trade blotter, just out of curiosity?

hey, you and Lescor, enjoy the accolades, as you two have earned them!
 
Quote from lescor:

Yeah, it was pretty good.

Very Nice.
Multiple PROPS!

I will hope to match that soon.

$60k is around
2 1% days with 125 contracts.

Very nice once again.

Good goal for me to reach.
 
Quote from limitdown:

man!

what did you guys do?


can you pm me your trade blotter, just out of curiosity?

hey, you and Lescor, enjoy the accolades, as you two have earned them!

I second that. If you guys don't mind sharing, that is. You fellas are amazing.
 
There's not really much to share. Friday was an anomoly, a gift from the trading gods. You just had to be in line at the right time to get it.

I show up every day and execute the same plan in the exact same way. I have good and bad days and weeks, go through the valleys and over the peaks. I've executed the same plan almost daily for close to four years now. Friday was an outlier, but is textbook proof of the adage "you have to be in to win".

For what it's worth, I had 54 positions totaling about 200,000 shares. Return on account value is a meaningless number since I basically have as much intraday leverage as I want.

I'll teach it all in a seminar when it stops working :)
 
Corey,

Thanks for taking the time to give a brief explanation but, guys, we can't turn this thread into a specific strategy discussion. If you want to take this further you will need to contact lescor privately (via PM or email) and then it's up to him whether he responds or discusses it in more detail.
 
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