Thx for clarifying. Unfortunately it's too much effort to grab the screen shots from two accounts on a daily basis, especially when they're that bad
Have fun.
Trader P/L 2014
- Thread starter sellindexvol66
- Start date
Thx for clarifying. Unfortunately it's too much effort to grab the screen shots from two accounts on a daily basis, especially when they're that bad
Have fun.
Scaleout.Scalper
Guest
Thx for clarifying. Unfortunately it's too much effort to grab the screen shots from two accounts on a daily basis, especially when they're that bad
No disrespect intended but I call them as I see them and the whole thing sounds like bullcrap to me.
#1) Two much effort? The accounts software is open, otherwise, how else do you know how much you made or loss? Take no time to take a small screenshot of the P/L.
#2) Why do you trade large size to have those humongous losses when it's clear you have no positive expectancy ? You are either in a simulator or got some serious issues that need attention.
3) You posting on a journal that clearly specifies that a blotter is required?
I will clearly apologize if you can prove otherwise, but then again, my guess is that would be too much work.
Another green day.
Who said daytrading futures profitably is a pipe dream and that technical analysis does not work ?
Still a piker but a consistent one !
Well done man.
I'm someone who is extremely cynical about whether all this stuff is a pipe dream and we are sometimes 'fooled by randomness', but I hope i'm wrong and wish you continued success.
I stopped posting here regularly a few weeks ago, but....
-$520
Awful day today. Worst one in over a month.
10 trades, 9 losers. One of them days where you wonder whether your previous good days were just luck! Put a nice dent in my numbers
Hoping for a good Monday!
Scaleout.Scalper
Guest
PA was very tight today, least in futures, you had to buy or sell at the right spot to obtain a decent winner.
I only did one trade and minimum size because of how tight everything felt and I see you did 10, for how tight everything was it sounds overly excessive, again, don't know if you did several instruments or just one, so big assumption there.
One thing though, the fact you feel a bit skeptical about the whole thing gives me reason to believe some learning is still required.
When you finally develop a good solid working plan, it becomes less stressful and the doubts begin to transfer into hope.
Ive become very good at what I do, but still having a hard time with size, got a plan to upscale though, but the next level I must earn through solid returns to once again, transform any doubts into confidence.
Don't treat trading as recreational gambling, unless we talking pro-gambling, you either got a positive edge that you can execute or you dont, without it, no reason to use cash. Remember, you got comm, slippage, and human errors against you on top of beating the market.
Just my 02 cents, hope it helps.
Attached my trade.
Consider this my last post in this thread.
1. First of all taking a screenshot doesn't really show anything, you can take the same screen shots in paper trading accounts afaik. Here's the problem with screen shots (and yes I've attached today's and it took 15 minutes to get them). To get a report from the IB account I'll have to wait until the day officially closes so the 6/6 activity report isn't available as of yet. So all I can do is get the screen shot from TWS which is running in a data center since I'm trading heavily automated. getting a screen shot via a remote console and scrubbing out the identifying information takes about 10 minutes. For my TD account I can't get it from THinkoswim cause futures roll over and mess up the P&L since the new day starts, so unless I'm right at the TOS interface to grab the screenshot the numbers won't match.
The numbers don't match fully anyway cause I'm trading futures options and equities, so futures move which changes the P&L with every tick.
2. I don't really consider this large size. I trade for a living and while it's not fun losing 24k this week I have a decent life style and need to pay my bills, so making 300 bucks a day consistently doesn't even get me close. I have a small trading account that I leverage up significantly and if things go bad I have to transfer more money into the account or take money out. I'm not sure how other professional trader deal with this but that's what I do. The last four weeks basically killed my 2014 profits, so yes, I'd rather have better results but this isn't my first rodeo just a tough patch, so consider this a real life lesson. I know there's a lot of "professionals" on here, I just don't know how they live making 150 or 200 bucks and then giving up 50 the next day. Reminds me of the online poker kids who live with their parents and don't have any other expenses.
3. Sorry, didn't think that the blotter nazis would crank down, sounded like a fun thread but I guess I was wrong.
Scaleout.Scalper
Guest
Thank you for posting the blotter.
I think with a freebie screen capture program the process is rather quick.
I think if you do not intend to follow the rules of the journal it's best to not post at all, so I agree with your decision.
As far as the small size, working on it, we all got our mountains to climb, working on mine.
Best of luck.
You were wrong.
Post the blotter or if you cannot post in another thread. This is a great thread due to solid rules; a true long running honest thread. I will not let it down while I still hold interest.
Moderators take notice.
That's too bad... many people would find posting DAILY blotters either inconvenient, impractical, or just a big pain.. and that's OK.
Please consider posting Weekly blotters or even Monthly... that would be great.
for those who are busy but still want to share the good and bad do a weekend previous week shot like i do.
week ending 6/6/14
i know there has been much complaining re the low vol. the fact is unless you simply have been levered long on this bull run there is no way possible P/L can be remotely good. the entire industry needs even minimal vol to make trade ideas, etc from institutional money down to retail. obviously this is painful; all we can do is wait. my trading P/L ytd is down 50% from last year and last year was down big from the previous year...so i feel everyone's pain also. patience i guess.
posted is IB
week ending 6/6/14
i know there has been much complaining re the low vol. the fact is unless you simply have been levered long on this bull run there is no way possible P/L can be remotely good. the entire industry needs even minimal vol to make trade ideas, etc from institutional money down to retail. obviously this is painful; all we can do is wait. my trading P/L ytd is down 50% from last year and last year was down big from the previous year...so i feel everyone's pain also. patience i guess.
posted is IB