Turning $27K into $1,000,000 in only 9 months...

Do you think I'm full of it?

  • Yes

    Votes: 125 74.9%

  • No

    Votes: 41 24.6%
  • Total voters
    167
Quote from Marc to Market:


I've had far better weeks with even larger percentage gains. The problem is I always gamble it all away.
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What did you mean by "gamble it all away"?

Day 6 you had $71222. Day 1 you had $27031. Gamble it all away: did you mean resetting back to $27031? Or to zero? (How can it be going to zero trading equity?)

On Day 6, perhaps you can take out $27031 then even if you "trade it to zero" you still have the original amount?
 
Quote from BallBag:

Why the cynicism? This kind of trading success is possible. Look - here's the proof :
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ya gotta watch that overtrading in day 7. even though your results were ok, i guess, it shows a lack of discipline...
 
Quote from Marc to Market:

I've elected to start this journal retroactive to 3/27/09. Prior to 3/27/09, I was extremely inconsistent, undisciplined, and unprofitable. I'm hoping this journal will help change that going forward.

I will try to update this thread at the close of every trading day.

I encourage haters, non-believers, and anyone who's jealous of my success to respond and participate in this thread. I plan on turning their negativity into positive energy and motivation towards making my million bucks. :p
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since you registered back in '02, seems a bit late in the game to being going off the reservation with fantasy blotters. only becasue of your '02 date do i give this even a notice (that, and i've had similar runs and, likewise, pissed them away in a single day- like yesterday, for instance).

so, to even make this worth watching at all, you really need to post real blotters. i'm assuming microsoft isn't your broker, so you've got a blotter from your broker. post it. if you don't know how to fake a 'real' blotter, i'm sure several here could show you ...
 
Quote from college_trad3r:

Now i am trying to figure out which of my indicators was to blame. I will definately keep using my Bollinger Bands, RSI and MACD. They are great. I could try removing Market Profile but not sure if I should.
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It's funny how life is.........

I don't use any indicators, but couldn't think of trading without Market Profile ! In fact, I don't even need a chart, just MP, the chart is there for visual stimulation !
 
Quote from Marc to Market:

I'll make $30K to $50K over the course of a week or two,

I look forward to updating this thread every day and seeing more and more haters responding...
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You are confusing "haters" with "normal" people. It is "attention seekers" who put up bizarre threads who have the problem.

But you will not get this. Seriously.
 
4/6/09 & 4/07/09 added

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It looks like your average trade is about $18 ($49600 total profit divided by about 2700 trades). Is that correct?

How did you manage to make 2700 trades in just a few days? Are you running some sort of automated trading system?

The other thing to point out is that your broker must be very happy. I estimate you paid about $13000 in commissions in 8 days.
 
Yes, that is correct.

I am not running a black box. I am making all of these trades myself.

Due to my volume, I was able to negotiate a ticket rate of under $2. Therefore, my commissions for those 2700 trades were closer to $5K than $13K.

Quote from nonlinear5:

It looks like your average trade is about $18 ($49600 total profit divided by about 2700 trades). Is that correct?

How did you manage to make 2700 trades in just a few days? Are you running some sort of automated trading system?

The other thing to point out is that your broker must be very happy. I estimate you paid about $13000 in commissions in 8 days.
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