Trader P/L 2005

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Quote from mksummny:

I made 800 on AVR rebates, just a crappy afternoon for me. LU was in such a tight range all afternoon.


800 on rebates thats 400000 shares man....

shorting 400000 shares on a 0.06 stock just for rebate sounds too crazy for me..

or did you buy it from the offer price 0.06 then offered it @0.06?:eek:
 
somebody want to tell me what a rebate is and AVR?

:::::another idiotic question from the kid in the corner:::::

$550 today, unrealized. I'm lazy this week. I don't feel like posting my blotter. Still holding the same old crap.....
 
2 questions:
1) Are you registered as a MM?
2) If you were trading AVR through ARCA, you would be receiving a .0025 per share rebate. But wouldn't you be paying .003 to fill.

Now I am assuming you are buying at .06 and relisting at .06...right?

thanks,
kk
 
KevinK think about it, do you think I would pay .004 to make .002 obviously i am using a route that is free to get in right? I cant just hand over my trading strategy on a silver platter.... its not worth it if you are not set up right on trading routes and such, then I would not even bother.
 
and no im not a market maker
nor am i a prop trader
and no i wont teach anyone who pm's me I dont care if you can pay me, I have enough money
No I wont send out any more trade reports, i shot myself in the foot last time doing that, lesson learned
yes I will continue to post my blotter
yes I will continue to trade LU everyday

so please stop Pm'ing me with those questions..
 
You guys do know that there are alot better traders out there than me. I had a buddy of mine last year who made 3.4 million, he smoked my a$$, I only rolled in a little of a mill four. He is 24 and the year before that he made a little over a mill. I know of a few others who make decent coin, say 500k per year. Im not an oddity only the exception. :)
 
Quote from mksummny:

You guys do know that there are alot better traders out there than me. I had a buddy of mine last year who made 3.4 million, he smoked my a$$, I only rolled in a little of a mill four. He is 24 and the year before that he made a little over a mill. I know of a few others who make decent coin, say 500k per year. Im not an oddity only the exception. :)

What type of trading did this 24 year old millionaire do? Was intraday scalping or longer term?
 
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