Trader P/L 2006

[trade4succes]

i am just a lurker and not a contributor, but i know there are a lot of people viewing this thread like me every day.

as for me, eventhough i might not be able to replicate it, or i might not have developed the gut instinct, i still would be very interested to hear a little more. -edit, while keeping to the point of the thread of course and not let it deviate too much.- not even to try and copy it, but just to expand my knowledge.

ps. only if the contributors feel it might be useful for themselves in someway of course and i think this thread is the right one, because it's easy to find.

 

[Red_Ink_inc]

This is a thread to post blotters. Nothing more nothing less.

Firstly, why would someone who has taken years to develop a successful methodology turn around and tell anyone willing to listen exactly what they are doing? Am I right all you NYFIX/millennium traders?

Secondly, simply posting something like "+654". Doesn't do a lot for me. It's really not all that difficult to take a screen shot and post a trading blotter. That way people can see for ex. what stocks/instruments you have traded. # of trades, fees incurred, win/loss ratios etc. This is a lot more informative than a single p/l number.

Lastly, you got to love people who don't post their own results, criticizing those who do.

 

[Diamondtrim]

I try to lead by example and my blotter always has the symbols that I am trading. Everyone already knows I use Trade-Ideas to find the stocks I trade and from time to time I post the set up that has been working well for me. After that I employ my zen master tiger crane kung fu money management technique to lock in profits.

FYI here is the set up that got me into STP, SPWR, and OPXS last week.

http://www.trade-ideas.com/View.php...&MinVWV=0.1&WN=3+Day+++Consolidation+Breakout

 

[JMowery1987]

Quote from Red_Ink_inc:

This is a thread to post blotters. Nothing more nothing less.

Firstly, why would someone who has taken years to develop a successful methodology turn around and tell anyone willing to listen exactly what they are doing? Am I right all you NYFIX/millennium traders?

Secondly, simply posting something like "+654". Doesn't do a lot for me. It's really not all that difficult to take a screen shot and post a trading blotter. That way people can see for ex. what stocks/instruments you have traded. # of trades, fees incurred, win/loss ratios etc. This is a lot more informative than a single p/l number.

Lastly, you got to love people who don't post their own results, criticizing those who do.

Well said and true completely true.

 

[daferiat]

Quote from Red_Ink_inc:

This is a thread to post blotters. Nothing more nothing less.

Firstly, why would someone who has taken years to develop a successful methodology turn around and tell anyone willing to listen exactly what they are doing? Am I right all you NYFIX/millennium traders?

Secondly, simply posting something like "+654". Doesn't do a lot for me. It's really not all that difficult to take a screen shot and post a trading blotter. That way people can see for ex. what stocks/instruments you have traded. # of trades, fees incurred, win/loss ratios etc. This is a lot more informative than a single p/l number.

Lastly, you got to love people who don't post their own results, criticizing those who do.

I agree with your second point and your conclusion. However there is some insight and an explanation for the behavior you describe about people who would share their knowledge or even the parameters of a particular trading strategy,

"strategies can be used as is OR (as they are intended) they can be modified to fit your own trading plan. For example by ... changing [a parameter], you see a whole different layer of the market than someone using the original configuration. [Parameters] are like a periscope into the market. Change some of the settings and you'll see completely different schools of fish than someone at another depth. It's a big enough ocean/universe for everyone out there."

Source: http://marketmovers.blogspot.com/2006/01/top-7-trading-strategies-for-week.html

 

[polpolik]

Magna, I think you should police this thread the way you did Trader P/L 2005 - delete posts that are not blotters. Any discussion of, whether in agreement or disagreement , strategies, trustworthiness should be on a different thread.

Hopefully, after you read this, you will delete this post along with the other ones that are not blotters.

I came here to see how people progress based on their blotters, and use it as a benchmark - not to learn their secrets.

 

[Magna]

Quote from Red_Ink_inc:

...you got to love people who don't post their own results, criticizing those who do.

Bottom line, this thread is about trading blotters, not strategies, not software, not per-share-price, not financial statements, etc. etc. No one here is trying to sell you anything and it's wrong to publicly put the contributors on the spot by requesting explanations of their strategies or financial information (both of which have been done repeatedly since the first Trader P/L 2005 began). Best to send them a private message and, if you are lucky, they will respond and fill in a gap or two. Or maybe they won't, as they're under no obligation. But I agree with Red_Ink_inc and Diamondtrim (and all others who have mentioned it in the past) that posting "+654" doesn't do a whole lot of good, and since it's remarkably easy to take a screen shot and post a trading blotter that's really the most helpful way to go. It's also a matter of credibility but that's up to you.

Anyway, end of discussion here and no more off-topic posts. If you have anything further on the subject please send me a PM. Thanks.

 

[ChaosNSX]

Agreed, post the screenshot of the blotters at EOD and get back to making money. Maybe add a little recap of the trading day, but the pissing contest is getting old. Just my experience, but its not the loud obnoxious flatulance thats the most potent its the silent ones.

Quote from Magna:

Bottom line, this thread is about trading blotters, not strategies, not software, not per-share-price, not financial statements, etc. etc. No one here is trying to sell you anything and it's wrong to publicly put the contributors on the spot by requesting explanations of their strategies or financial information (both of which have been done repeatedly since the first Trader P/L 2005 began). Best to send them a private message and, if you are lucky, they will respond and fill in a gap or two. Or maybe they won't, as they're under no obligation. But I agree with Red_Ink_inc and Diamondtrim (and all others who have mentioned it in the past) that posting "+654" doesn't do a whole lot of good, and since it's remarkably easy to take a screen shot and post a trading blotter that's really the most helpful way to go. It's also a matter of credibility but that's up to you.

Anyway, end of discussion here and no more off-topic posts. If you have anything further on the subject please send me a PM. Thanks.

 

[TachyonTrader]

Not a bad today, gonna call it quits now its about 2pm. Today was real steady, no major losers and very small winners, but a ton of them. I love churning days rather then trending days when the Nas shoots 30 points, cant seem to make a dime of those days.

 

[lilboy716]

15.58net
600shares


woke up late... appearently my network problem has been solved.

i wasn't in my trading mode, getting distracted watching the BBC video on google.

scalped SU to the long side and got caught on the a slight reaction(1330-1400)...

made out okay.

got class