Trader P/L 2005

[snooptrader]

No, he found an edge that works for him. Which is what all the bitchers and moaners need to do, instead of using all their energy bashing those more successful.

But, bashing is easier than hard work. So, they will always piss and moan here on ET.

 

[Arnie]

I think his edge is the size, quickly cutting losers and low commish.

 

[mnx]

some choppiness today for me..... it's been a pretty emotional morning. but it's been a good morning, and hopefully it will be a good afternoon too.

mnx

 

[mnx]

more games, lost a couple hundred more and got stopped out for the rest of the day. the beauty of working at a prop firm is that they tell you when you've had enough for the day.

mnx

 

[Diamondtrim]

Quote from mnx:

more games, lost a couple hundred more and got stopped out for the rest of the day. the beauty of working at a prop firm is that they tell you when you've had enough for the day.

mnx

Very nice work. I will be active again next week, baby sitting my in laws. Kind of tough to trade around that

 

[CoralReef]

Quote from mnx:

more games, lost a couple hundred more and got stopped out for the rest of the day. the beauty of working at a prop firm is that they tell you when you've had enough for the day.

mnx

mnx, pardon my ignorance..what does "loss from top" mean?

 

[mnx]

Quote from CoralReef:

mnx, pardon my ignorance..what does "loss from top" mean?

no worries..... imagine you are up $5000 on the day. (unrealized or realized profit.) then you lose $1000. you are now up $4000 and have a $1000 loss from the top.

later,

mnx

 

[CoralReef]

Quote from mnx:

no worries..... imagine you are up $5000 on the day. (unrealized or realized profit.) then you lose $1000. you are now up $4000 and have a $1000 loss from the top.

later,

mnx

Oh, gotcha..so based on your last post your high point for the day was up 7,693.57 if my math is correct..not bad.

 

[CasperCRF]

Quote from CoralReef:

Oh, gotcha..so based on your last post your high point for the day was up 7,693.57 if my math is correct..not bad.

Can i ask how much buying power you are using to make that $7,700?

 

[mnx]

Quote from CoralReef:

Oh, gotcha..so based on your last post your high point for the day was up 7,693.57 if my math is correct..not bad.

Yeah that was my gross, my net high of the day was $6527.05. But it doesn't matter where you were, it matters where you finish. I really hate getting shut down for the day though... I missed 2 full hours of trading......

mnx