Walking the walk (Blotter Thread Continued)
- Thread starter Diamondtrim
- Start date
well, since you want everyone to look at your blotter, i guess youm would like some constructive criticsm....but im kind of confused as to the manner in which you trade....do you just trend, or do you actually take some bigger positions, as far as i can see what you seem to be doing is making decent money, as long as your performance is consistent...but i think you need to add more to your winnings...i for one always keep on adding untill i feel there will be a liquidity problem for me to get out of my position...dont worry about "spoiling your average cost" ...if you can squeeze an extra dime on a few thousand shares, isnt it worth, i mean i dont care where i got in on a position, if its going my way, and i keep on getting confimation than i will keep on addidng to it...if you want to learn more let me know....
i will never ever post my blotter, on this thread or any other thread, i dont like people seeing where i make my money, there already enough pikers within my group and firm, who spend their day trading with or against my positions, i dont want to invite anymore...
but i can teach you how to get to the next level...
or anyone else interested, who genuinely wants to be a better trader...
Here is how the morning is looking so far. Let see what happens 
Quote from SethArb:
dear mr diamonds
would you be willing if it did not take too much time to show a annoted graph or commentary
on your best 1-2 and worst 1-2 trades of the day?
that would be of more interest to me than
an EOD P+L screenshot
Will do! I am keeping track.
Quote from Diamondtrim:
Here is how the morning is looking so far. Let see what happens
Do you pay commission at all? Seems like you just grab positions and wait them out.
As soon as I get out of FCL Im going home. It's a churning fest today as usual and I don't wanna risk my money.
I trade this account as if I were a long/short fund. Never really knock the cover off the ball but on balance I take a grand or so out of the market every month. Not bad for swing trading a small account (75k). I only trade stocks with 3 month ATR > 2 points and 3 month avg daily volume > 1mm. Watch list updated every Monday. Trades are entered using a price based "custom indicator". Position size is based a rolling % of account balance/3 times ATR. Positions are exited when a stop or target is reached. I think I am up on the day...who knows
Guys,
Great work for posting your results!! Hydro, in REDI Plus everything you see on my blotter already account for commissions. In otherwords as soon as I am in any trade I am instantly down a penny and a half. I pay a penny and a half cause I get some stuff soft dollared for me. Like Trade-Ideas for example.
Great work for posting your results!! Hydro, in REDI Plus everything you see on my blotter already account for commissions. In otherwords as soon as I am in any trade I am instantly down a penny and a half. I pay a penny and a half cause I get some stuff soft dollared for me. Like Trade-Ideas for example.
I must be bored...here are my open positions graphed with entry points