Trader P/L 2008
- Thread starter Szeven
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Easy on the pm's guys. The chat room I was refering to above is a private room. Some of the superstars, past and present, of this here PnL thread and a few more of ET's finest.
I'm not kidding when I say there were 8 or 10 of us that combined for a million bucks today. A day for the record books.
I'm not kidding when I say there were 8 or 10 of us that combined for a million bucks today. A day for the record books.
still ended up + 875 but shoulda been much more...<i>"I'm not kidding when I say there were 8 or 10 of us that combined for a million bucks today. A day for the record books."</i>
Lescor, a sincere & hearty congrats to all of you in that room. Many of us here know what it took/takes to get where you have arrived.
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If I can summarize today using a crude analogy, it was like spending the weekend with twenty nymphomaniacs. Seems like a fantasy come true, but sometimes excess is exactly that.
I traded from 7:00am est thru 10:30am est and again from 2pm ~ 3pm est. Was long ES 1264 and stopped out 1262 just past 8:17am est. I was looking for a long trade confirmation at 1259 ~ 1260 and just about to click it in when price action suddenly blew the top off my dome. Missed that +30pt ES trade by two thick hairs.
Scalping 250 tick and 500 tick charts all the way, scraped together 21.5 pts ES by 10:30am. Ton of chop-out stop outs, caught some modest runners.
Tapes made five, six, maybe ten swings of 15pts ~ 20pts up & down in my absence. Who knew? How many times can they roll thru that wide a range? More than I expected.
*
In the afternoon I managed to reach +30pts ES cumulative, backed down to +24pts ES total in the v-reverse whipsaws. Folded up shop, kept my meager rake for the day and promptly watched two more 20pt ES rolls leave port without me past 3:00pm est.
Potential was there for +50pts minimum, honestly +100pts ES if someone focused thru the entire day taking every signal confirmed. But, that is said easy & done hard.
In reality, I could make a lot more money with a lot less tape violence than we have to work with right now. The constant v-reversals and counter-pop spikes are relentless. Trading a pure trend day or a big V-reversal session is easy. When the tape covers a normal day's range every ten minutes, that is another degree of busy.
I didn't intend to post, no blotter was captured before it cleared. Purpose here is to sincerely congratulate those who rode it all day, and to acknowledge those that misfired on a few cylinders instead. No excuses: the signals were there, the moves were certainly there. Ceste' la vie
Lescor, a sincere & hearty congrats to all of you in that room. Many of us here know what it took/takes to get where you have arrived.
*
If I can summarize today using a crude analogy, it was like spending the weekend with twenty nymphomaniacs. Seems like a fantasy come true, but sometimes excess is exactly that.
I traded from 7:00am est thru 10:30am est and again from 2pm ~ 3pm est. Was long ES 1264 and stopped out 1262 just past 8:17am est. I was looking for a long trade confirmation at 1259 ~ 1260 and just about to click it in when price action suddenly blew the top off my dome. Missed that +30pt ES trade by two thick hairs.
Scalping 250 tick and 500 tick charts all the way, scraped together 21.5 pts ES by 10:30am. Ton of chop-out stop outs, caught some modest runners.
Tapes made five, six, maybe ten swings of 15pts ~ 20pts up & down in my absence. Who knew? How many times can they roll thru that wide a range? More than I expected.
*
In the afternoon I managed to reach +30pts ES cumulative, backed down to +24pts ES total in the v-reverse whipsaws. Folded up shop, kept my meager rake for the day and promptly watched two more 20pt ES rolls leave port without me past 3:00pm est.
Potential was there for +50pts minimum, honestly +100pts ES if someone focused thru the entire day taking every signal confirmed. But, that is said easy & done hard.
In reality, I could make a lot more money with a lot less tape violence than we have to work with right now. The constant v-reversals and counter-pop spikes are relentless. Trading a pure trend day or a big V-reversal session is easy. When the tape covers a normal day's range every ten minutes, that is another degree of busy.
I didn't intend to post, no blotter was captured before it cleared. Purpose here is to sincerely congratulate those who rode it all day, and to acknowledge those that misfired on a few cylinders instead. No excuses: the signals were there, the moves were certainly there. Ceste' la vie
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