Trader P/L 2005

[Dustin]

leb do you have a per trade deal? If so please expand.

 

[stockripper]

how could one trade 1 million shares without a per trade deal?

 

[Steve Tvardek]

This is terrible advice. How will you ever become a better trader if you place arbitrary limits on yourself. Some days I start -$800 gross in the first 20 mins and end up +600 for the day. Or even better I start up $400 on my first trade and then end the day up $1200.
Managing your risk is one thing, but stopping after making or losing $400? You better be on the plus side 8 out of 10 days if you want to make even decent money trading.

Quote from swcom:

A daily win limit would be a good idea for this week. Say your goal is to net $400/day - play 'til yer up 400, or down 400 - then quit while you are ahead or not too far behind. Nothing is more painful than being up then giving up your gain(s), no matter how great or small. Now if only I could follow this advice . . .

 

[boxster332]

-175 yesterday.

Traded like an idiot.

 

[mercurial]

+422 Nothing special. Glad to have a +.

It's up to the systems for the rest of the day. I have low expectations due to the recent conditions. Unfortunately, skipping trades is worse than taking losses in the long run.

 

[swcom]

+1089. Great day, specially after the earlier bloodletting this week.

 

[areyoukidding?]

+400 will try to build on it.

 

[mksummny]

calling it a day

 

[lilboy716]

-17
600shaers

not following my rules again...

 

[polpolik]

Kudos to all of you guys that are cool enough to acknowledge and post their loss, I think it keeps this thread more realistic.