Trader P/L 2012

Second good day in a row

P/L 11/06/2012:

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Quote from macintash:

Hope you recover soon. Not sure about your account size but if it�s less then 1 million that would be a 1 day DD of 6% or so. I know personally I wouldn�t feel comfortable with a DD like that (even if it�s only for a short time).
I hope you don�t mind me asking, do you have a strategy how to manage DD risk or you just focus on the end closing results?

hey mac, i'm not comfortable with it either, lol.

i manage no different than most. today was not a positive either. before today i was mtm up over 5% for nov too.

i plan on posting Q4 results (like i have done all yr) so u can see my dd's, etc.
 
Hello Boston, how has the lat 3 weeks been in the branch??

Quote from earlybirdstango:

WTSBoston.com
Nov 7, 2012 Full branch results from Downtown Boston
$10,622.00
 
Ok looking forward for your Q4 results. While the daily posts on the thread is very interesting, the fact that it’s in “dollar amount” rather then % makes it lose a lot of its value. Losing 10k in a 50k account means something bad, while losing 10k in a 2 Mil account (especially unrealized lose) means nothing bad at all. That’s why I for me the quarterly reports are much more informative.

Quote from sellindexvol66:

hey mac, i'm not comfortable with it either, lol.

i manage no different than most. today was not a positive either. before today i was mtm up over 5% for nov too.

i plan on posting Q4 results (like i have done all yr) so u can see my dd's, etc.
 
OK, since everybody is so honest, I will tell you my result today:
-65,980.

My mean reversion strategy just didn't work today. I was also deceived by the midnight bounce. I thought the morning sell off was just a short-lived one, I thought a repeat of the midnight bounce would happen. It never came. A big part of the loss came from crude oil.

I am also honest enough to tell you that the loss is 30% of my account.
 
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