Trader P/L 2009

Dinerotrader · #**911** 09-20-2009, 10:25 AM

Originally Posted by thalestrader

This should not be an either/or statement. The amount you are risking on the trade should be a function of position size relative to the difference between you entry and your stop loss. The stop loss is set by price action, not your account equity or risk parameters.

I was just thinking about the broad theoretical use of a stop loss and I know many traders do not use position sizing to manage their stop loss. I agee 100% with your post.

Dinerotrader · #**912** 09-21-2009, 04:12 PM

2 trades
FFBC +$0.25/share or 2.5%
CVH +$0.04/share or 0.2%

Stuck to my rules and trailed stop at all natural stop points.

Dinerotrader · #**913** 09-22-2009, 11:19 PM

JDSU +$0.30/share or 3.8%

Just 1 trade today.

bathrobe · #**914** 09-23-2009, 03:43 PM

I caught a good portion of the move down after the fed announcement. Good Day

HAL9000 · #**915** 09-23-2009, 04:12 PM

By accident

,

I have posted my sim results there:
http://www.traderslaboratory.com/for...html#post76194

Sorry,

Hal

bathrobe · #**916** 09-24-2009, 10:45 AM

Again, caught most of a very nice sell-off

BrianNC · #**917** 09-24-2009, 10:50 AM

You make that on the drop from the news at 10?

I had a buy and sell stop in at 10 (forget to check if news was coming out) and only had my target set for 1 point and when the news came out I got filled and hit my target in about a quarter of a second.

bathrobe · #**918** 09-24-2009, 11:40 AM

Originally Posted by BrianNC

You make that on the drop from the news at 10?

I had a buy and sell stop in at 10 (forget to check if news was coming out) and only had my target set for 1 point and when the news came out I got filled and hit my target in about a quarter of a second.

Yes, but I do not trade the news based on whether I think it is positive or negative, honestly I do not even no what the news was.

brownsfan019 · #**919** 09-28-2009, 12:08 AM

Alright, let's see if we can get this thread moving along again daily.

For those that are new to the thread, let me do a little recap...

1) I started the thread 3/2009 as a way to get myself better focused and doing the job.
2) For my purposes here, I am using a smaller account that I trade to demonstrate the good and bad w/ trading a smaller account in leveraged products.
3) Here's a few questions that were asked about what I am displaying here.
4) Here's an update done on 4/12 talking about my results.
5) May 1st update.
6) Discussion of the 3 cycles as I see that you can trade in a day.
7) About page 77 or so is where I take a breather from posting daily and enjoy the summer here.

Plan going forward:

1) Try to start posting daily blotters (like before).
2) Use this thread as a motivational technique to keep my eyes on the prize and get the job done.

Trading plan:

1) Focus on 'cycle 1' as I discussed in a previous thread that is linked above. Basically, trade in the AM when I know things usually are moving.
2) Focus on markets that I know and understand what movements to expect and how to treat them.
3) Generate consistent profits w/ minimal losses.

That's the plan, we'll see how it goes.

Welcome back and welcome to those that are new to me posting here!

brownsfan019 · #**920** 09-28-2009, 12:15 AM

I traded 3 days last week and blotters are attached:

9/22/09: +$134.38

9/24/09: +$109.36

9/25/09: +$651.25

End of week: +$894.99

Blotters attached to this message. One thing you'll note going forward is that my blotters may be larger than previously as I take a few more trades and look to trade a market or two that I was not using previously (mainly grains).

I'll take it for 3 days of trading. I hope to get back on a regular, 5 day work week but sometimes things can get in the way.