Trader P/L 2005

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Quote from software1:

Based on your own post admitting that you took notice of AVR in the afternoon as opposed to your claim of having traded it in the morning, it's not only fair but only logical from a professional point of view to challenge your post and come to the conclusion that you CAN NOT be the author of those executed trades. I haven't challenged you on your previous posts, simply because i didn't find any discrepancies. In this one however, i did.

Also, pm'ing me and calling me a jackass and labeling me as a hater doesn't raise the argument not only to a professional level let alone to an intellectual one.

That's all i have to say on the subject. All you forumers make your own assessment and draw your own conclusions

welcome to the boards,
this thread was started by some honest traders that have gained real respect from us other traders because we're seeing one of the few rules that I too am aware of, talk about everything other than actual money, being broken

but broken to the upside.

too often frauds, including most of these propritary trading operations (that require significant monetary and time investment in getting licensed and paying rediculous fees, like $500 Chicago Stock Exch annual fees and $4 paper check fees) cheat honest traders by not really teaching them anything other than how to rack up commissions....

you also mentioned that this thread seemed like those posted by runners of fraud, scam, boiler rooms..... those guys NEVER EVER show facts, details or true losses let alone gains, just bull@#$@# stories....

clearly you have a problem with some of the posters on this thread.

out of respect to the rest of us, could you kindly.....

ok?

thanks!
 
Quote from mksummny:

wow, thank you for taking such an interest in me! I love the way you study my trades. Just to shut you up, before I left yesterday to go close on a property I did trade AVR for about 15 minutes. I did not know where the volume came from which is why the question was asked later on in the day. So once again to shut you up, here are my trades for the day on AVR in the morning. just another hater..

58013632 Sell 50000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:34:34
58013632 Sell 50000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:34:34
58013632 Sell 50000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:34:34
58013632 Sell 24983 AVR 0.06 PSE-LA-EMSTRA ARCA 9:34:34
58013632 Sell 17 AVR 0.06 PSE-LA-EMSTRA ARCA 9:35:48
58013632 Sell 2483 AVR 0.06 PSE-LA-EMSTRA ARCA 9:35:48
58013632 Sell 47517 AVR 0.06 PSE-LA-EMSTRA ARCA 9:36:00
58013632 Sell 50000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:36:00
58013632 Sell 50000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:36:00
58013632 Sell 24983 AVR 0.06 PSE-LA-EMSTRA ARCA 9:36:00
58013632 Sell 17 AVR 0.06 PSE-LA-EMSTRA ARCA 9:36:51
58013632 Sell 18700 AVR 0.06 PSE-LA-EMSTRA ARCA 9:36:51
58013632 Sell 21300 AVR 0.06 PSE-LA-EMSTRA ARCA 9:40:18
58013632 Buy 2000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:40:59
58013632 Buy 73000 AVR 0.06 PSE-LA-EMSTRA ARCA 9:41:05

and by the way it was over 400k shares if you care to add it up, the 800 bux but it was actually 930 joker.

AND I have always represented myself under my yahoo id as wallstreetplaya you joker!

what I can't understand is your buy and sell prices are exact, so where is the profit, whether through reduced comms or free BRUT, but you said you were on ARCA, so, how can you show a profit?
 
Quote from mschey:

I felt your pain as well, although I was able to work back to positive on the day. WLP was brutal, THC was as well. Was lucky enough to cancel the others. I did manage to make about $1200 on the opg though. "Could have" been very good without those couple of losers. Todays match goes to healthcare, I intend to make it back plus 100% on my money. How bout' you? :)

Good trading to you!

Mike

what I HATE about OPG's are the gambler's factor...

trusting these specialists has lead too many traders to ruin, as you guys have testified to. Being down -$4,800 from the outset would compromise most traders, no matter prop or retail....save for some of the huge balance traders....

trusting the specialists to allow you to enter with them has worked in the past but consistently is not worth the risk vs. just position trading from one side or another...

every now and then the payoff attracks back more traders, but are we now discussing slot machines, bacarrat or other gaming table games? or trading strategies..

there's a firm that trains its traders to get started each morning with the FV (fair value) and other S&P data, and their Excel spreadsheets and last closing prices, and all that just to preload in OPG orders on both sides of the underlying upon the hopes of getting filled in the direction of the specialist...

too many guys met their early term fate that way and never got to learn about making money during the normal trading days....
 
Quote from Trend Fader:

My gut tells me MK is bullshiting.

He just makes it all too easy.. like I just made $7k.. i stopped because i have to go for a swim or shopping with my daughter.. just doesnt legit.


- my 2 cents.

actually, that's how most of the heavy hitters I knew personally on Wall Street and on the AMEX Options Floor were....

in a way, traders who handle this level of stress and responsibility have to balance it out through other activities.

here's one of the training mental sessions they used to run on us:

1) imagine you're having the best trading day of your career, and you're up $100,000 on your $2.5mil portfolio...

What will you do?
a) continue to trade?
b) go to Disney World?
c) stop for the day to get it on the books?
d) pair out of your trades and go flat for the day and take a rest?
e) boast to others and have them against you?
f) keep it to yourself?

------
the answer doesn't matter (Hint), what does matter is getting one's mindset ready for success better than expected before.

try this exercise.... (no jokes please)
 
Quote from Trend Fader:

Not true.. in order to refi the title of the home needs to seasoned atleast 1 year to get cash out.

Yes True!!!!

The internet changes everything...

by searching and going direct to some of the better lenders:
Wells Fargo
Bank One
IndyMac Bank
and a few other key players,

and taking the time to question them to death on their underwriting reqs

you too can become an internet real estate millionaire....

yeah, these loans are available, and those that can't don't
 
Quote from software1:

Based on your own post admitting that you took notice of AVR in the afternoon as opposed to your claim of having traded it in the morning, it's not only fair but only logical from a professional point of view to challenge your post and come to the conclusion that you CAN NOT be the author of those executed trades. I haven't challenged you on your previous posts, simply because i didn't find any discrepancies. In this one however, i did.

Also, pm'ing me and calling me a jackass and labeling me as a hater doesn't raise the argument not only to a professional level let alone to an intellectual one.

That's all i have to say on the subject. All you forumers make your own assessment and draw your own conclusions

Quote from limitdown:

welcome to the boards,
this thread was started by some honest traders that have gained real respect from us other traders because we're seeing one of the few rules that I too am aware of, talk about everything other than actual money, being broken

but broken to the upside.

too often frauds, including most of these propritary trading operations (that require significant monetary and time investment in getting licensed and paying rediculous fees, like $500 Chicago Stock Exch annual fees and $4 paper check fees) cheat honest traders by not really teaching them anything other than how to rack up commissions....

you also mentioned that this thread seemed like those posted by runners of fraud, scam, boiler rooms..... those guys NEVER EVER show facts, details or true losses let alone gains, just bull@#$@# stories....

clearly you have a problem with some of the posters on this thread.

out of respect to the rest of us, could you kindly.....

ok?

thanks!


limit,

don't see the connection of your comments in quoting me. I never even mentioned anything close in suggesting this thread being frequented by runners and frauds. you are puting words in my mouth. you are clearly referring to a diffrent poster.
 
ARCA pays a .002 cents per share rebate on added liquidity, thus the trading at the same price with no improvement. The profit comes from just adding liquidity to the market. I have posted on that subject before on a previous post.
 
software how about this, I bet you 10,000 dollars all my blotters are in fact true. I will have my mastertrader account rep show them to you at the NYC show. you can bring me cash or a certified check. you can study them until your heart is content but I get to take them home with me. I dont want someone like you learning anything from me, you seem like a jerk and a real ass.

accept this bet now and we can meet up at the nyc show and specifically the elitetrader party if you would like.
 
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