I found it.... I just changed the account number (using the one above on his screen-grab) at the end of that old link.
This is the new one
https://collective2.com/details/111902000
YM Magic!
- Thread starter TheTrue1
- Start date
This is the new one
https://collective2.com/details/111902000
I said this on post number 18 on this. Now we are on post number 713!
10 trades a day, averaging 5 YM lots = $200 dollars a day in commissions or $4000 a month. On a $10,000 dollar account that is a huge amount of commissions.
Its like having a $100,000 dollar account and paying $40,000 a month in commissions. Any retail trader who did that would be called insane. But because its only a $10,000 account and 'only' $4,000 it is overlooked and deemed ok. But the numbers are in the same proportion.
He is averaging 1.5 ticks net profit per trade at the moment.
He lost it all in one day last time.. lets see if this time will be different.
Latest account has gone private too!
Did he blow up on Friday?
JITF was subed, perhaps he knows what happened.
So around $5000 lost in one day (paper trading of course).
I guess his strategy (chasing intraday moves) would get killed by the Option Ex algo chop.
This is his Journal. He is still trying to prove to ET how good a trader he is.
He has blown up 2 collective2 accounts we know of. There probably have been more blow ups in between those that he never publicised
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Who knows.... cheering for the underdog I guess.
Sucks he blew it up again.
Lesson to be learned here for all noob's.
Read the entire thread.