Trader P/L 2009

with asia and the DAX off for may day it was an off day. decided to turn on the computer for the last 40 minutes and trade the R2K for the 1st time in over a year. with my Nostradamus like abilities, i was soon able to make my stop the low of the day- hey, i've still got it! got back above even and decided to pack it in.
 

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What a crazy day. I should have listened to Bob.

I decided to size up a bit today since I was up on the week and got screwed. I figured I'd trade WITH the trend and sell some SPY at 10:48a hoping for it to continue the downward momentum...Ha, yeah right. Up, up, up she goes. :( Then I went against the trend with RIMM. It's a miracle I only lost 40 bucks on that short. Of course I don't have patience when trading larger than usual shares and if held, both positions would have been very profitable before the end of the day.

Well, considering I don't have a crystal ball, I think I played the losers very well with the information I had at the time. I scaled out on pullbacks, instead of getting stopped out at the high of the day for huge losses.

Anywho, I'll now be taking that advice, Bob, and trade tiny shares until I am consistantly profitable for many months.

Considering I was down over 300 (which is a lot these days for this piker), -119.94 ain't so bad.

Plus, I'm basically flat for the week at -33.92 according to IB

Oh well, I'll be back in the trenches Monday.
 

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Hey Guys,

I remind everyone this thread is about posting trading blotters, not about strategy discussions, not about "helpful" trading advice, not about information on Prop Firms, etc. If you want to discuss strategy there's a zillion threads on that theme, in fact there's an entire Strategy Trading forum devoted to that. In the P/L thread let's please stay on topic here. Thanks.

Magna
 
Time for my monthly analysis

Since the 1 trillion infusion last month I haven't made any money to the short side with my main ATS (net losing). So my decrease in average share size is mainly because I've only been trading 100-300 shares to the short side for track keeping purposes. Will bump it up again when I see consistent results.

21500 + 3500 (not shown here) for April. Next month will be my 2 year anniversary as a trader :) Still piking for pennies though....
 

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hi y'all, i have been following the thread for a few weeks or so, decided to post some results as of may 1
we will see how it goes, good luck to all of us
 

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we'll see whether i actually stop here; trying to twist my own arm by posting my P&L now so i don't turn frustration into an implosion.

any reasonably adept trader who had sat thru even the 1st 2 minutes of a chart reading for dummies class would have absolutely killed it in HK tonight, and would have first made it his bitch and then killed it in Taiwan. these markets were a trader's wet dream tonight. if you've read my p&L posts before, you won't be surprised that i killed nothing and was damn close to being the hang seng's bitch. the word of the day is pretty much a toss up between pathetic and inept.

yeah, it's green for the day. then again, anything with opposable thumbs was green today trading asia...

btw, the mods here are unbelievable. they turn a blind eye to these idiots who clutter the forum with 1000's of ridiculous threads with countless new identities, but they take their time to actually edit sentences in my P&L posts to make them more PC. i just hope i didn't offend anyone with or without opposable thumbs with this post. GMAFB.
 

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50 Cent called his movie: "Get Rich or Die Trying"
My movie is coming out this summer - I am calling it: "Go Broke, or Die Trying". So far it appears to be a blockbuster! Woo-Haa!
 

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