Trader P/L 2006

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- 30 today, no blotter couldn't access elitetrader at work either, numerous system failures today. I did fight back from -200 so i'll take it.
 
Trading SPY as a newbie? One word....Don't.

Quote from estranger33:

I have been trading spy for a couple days now...VERY FAST trading. My keystrokes have gotten alot faster, but I still need to work on trading when the market becomes to fast to trade...I seem to like to screw myself over. I WAS at +83 or so gross and +41 net today on spy, but lost most of it on 3 trades that totalled 44 cents in losses!

Any feedback would be great!

Thanks. :)
 
Steve,

I am fairly new, but was put on spy after trading on microsoft for 15 very successful days. I was only put on spy because it was recommended that I trade it because my skills were increasing quite fast.

Spy is quite fast, but I have been able to handle it for the past couple of days, and did okay actually. I don't have the blotters to post, but one finished at -9.5668 net at +59.0000 gross at 122 trades. The other day was finished at -25.9332 at +79.0000 gross at 162 trades.

So I am definetly getting the trades in, and my keystrokes are quite fast. I just got caught today, thats all.

I appreciate your feedback, and will be careful for sure!

Thank you. :)
 
estranger a little advice. if you're trying to tick trade any stock you're wasting your time. the spy's move almost in tandem with the futures and there's barely a milisecond time delay. if you want to tick why not tick the es's?
 
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