What is your most Profitable Day Trading?
- Thread starter lazy9
- Start date
Check this post, note the date and what happened that day:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1376355#post1376355
See this one also:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1401089#post1401089
http://www.elitetrader.com/vb/showthread.php?s=&postid=1376355#post1376355
See this one also:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1401089#post1401089
FWIW, I made $100K on "crash day" of 1987...not "smart" just cautious. I was heading out on Friday before the Monday crash, to play blackjack in Lake Tahoe. Checked my sheets, saw that I was waayyy to long in Compag Computers. So on the way out the Exchange door, I stopped and bought a couple hundred 25 cent puts, which made me almost delta neutral. They opened on Monday several dollars higher of course. Fear and Greed they say, and this pure Fear, LOL.
(Problem was, this "feat" made the local papers, and I was just going through a divorce at the time...you guessed it, my wife's lawyer saw the article, cost me a bunch, ... a "Yin" for every "Yang" I guess, LOL).
One of our traders made $400,000 on the opening strategy a couple of month's ago, beating his earlier record of around $125,000.
Don
Pre bubble crash and when I was trading OPM 20k days were no problem with a max around 150k. Risk arb were basically a gold mine, JDSU-SDLI I think came in 50 points in one day after JDSU got added to SP500.
Post bubble not trading OPM, 25k in one day is the max it seems each year except last year when I put up 15X that, and I am pretty sure that a lot of other people that day did as well.
Post bubble not trading OPM, 25k in one day is the max it seems each year except last year when I put up 15X that, and I am pretty sure that a lot of other people that day did as well.