Trader P/L 2006

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What a crappy crappy day could not get a thing to work.

"If every instinct you have is wrong, then the opposite would have to be right".............sorry that dont work either.

How can I be wrong on my own instincts and on the opposite, shoot there is a third option, sit on your hands - hmmmm that is also part of trading..........epiphany moment.....lol
 

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+1327, a couple coal stocks made some nice rips up this afternoon. Found the morning to be pretty slow for me, glad to see a little pick-up in what I was trading this afternoon.
 
-$95.28 on 11,836 shares

This morning went really well. Up until lunch I was up about 70. Came back about 1 and was up $112. Then, somehow I lost it all and then some! SNDK went the wrong way on me, and I was just stupid on AMGN

As soong as "Stop Trading" came on and the word "Amgen" came out of the guy's mouth, AMGN shot to .25 from .10 until Cramer started talking about it (I was in about .06). When Jimmy started talking, it shot up to .45. So I was up over $100 on it, then I just sat there.....doing nothing. Held it after the close and lost $100 on it. I was basically even if it weren't for that. Hell, that's a $200 turn around! Dumb Dumb Dumb! (btw, the same spike happened on URBN, too. Did anyone else se it?)

I'm going to dump ANF in the morning. NTRI came back about halfway for me today. Wasn't quite the move I expected, but at least the negative is pallatable. NNI receeded to its 13 day SMA, which is my stop.
 

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Well, the last 2 days I had my ass kicked by the market.

$-6200 for shorting the ER2.

tomorrow's another day and there's still approx 11 months to go so no worries.
 
Can someone tell me if I am intrpreting this correctly? I am a newbie and I see that Szeven's results show 971 trades. Is that correct? How can you possible do that many trades in a day?? Thanks
 
Yes 971 RTs for Szeven looks about right because he is a scalper, he also is a liquidity trader. He also trades at swift where they encourage high RT traders. He will see if he is lucky 60% , but from what I can tell he hasn't been their long enough so only God knows what payout is at for what he makes per day. Hes a good trader, but I find any swift blotters very misleading to uninformed onlookers. Only because I know the aspects of their busines model of the net on the screen vs the take home net.

Quote from countrydog2:

Can someone tell me if I am intrpreting this correctly? I am a newbie and I see that Szeven's results show 971 trades. Is that correct? How can you possible do that many trades in a day?? Thanks
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