Welcome to the Traders Laboratory Forums.
Beginners Forum Interested in trading but don't know where to start? Post any questions you may have here.

Reply
Old 10-10-2008, 05:22 PM   #1

TraderBG's Avatar

Join Date: Sep 2008
Location: TX
Posts: 65
Ignore this user

Thanks: 14
Thanked 6 Times in 5 Posts

First Week Trading Live

I promised an update for when I went live so here it is. It was a good week. 16.75 pts monday 11.25 Tues, -3.25 Wed, didn't trade Thurs and had no signals today. 5 trades in all. Slightly better than my average considering I took Thursday off. My slippage and fills were better than expected. As I mentioned before my emotions were my main concern since I've read so many others mention how things change dramatically when making the transition from sim to live. Surprisingly I saw very little difference in my thought process and decision making. I stuck to the plan, never felt the urge to chase and really thought nothing of my loss. I'm testing the waters with two contracts and probably won't add to that until things calm down a little bit.

For those who missed my first posting, I've been SIM trading for over 3 years with over 1600 sim trades taken before I went live. I mention this so any newbies don't build any unrealistic expectations based on this post. I'm simply updating those who helpfully replied to my first thread.

Thanks again
TraderBG is offline  
Reply With Quote
The Following 2 Users Say Thank You to TraderBG For This Useful Post:
Sledge (10-13-2008), wasp (10-10-2008)
Old 10-10-2008, 05:28 PM   #2

wasp's Avatar

Join Date: Mar 2008
Location: Brighton
Posts: 1,038
Ignore this user

Thanks: 130
Thanked 219 Times in 165 Posts
Blog Entries: 33

Re: First Week Trading Live

Congrats! Nice one, glad to hear someone had a good week and they have it all in check... Long may it continue!
__________________
Live. Learn. Adapt.
wasp is offline  
Reply With Quote
Old 10-10-2008, 07:21 PM   #3

stanlyd's Avatar

Join Date: May 2007
Location: Los Angeles
Posts: 90
Ignore this user

Thanks: 40
Thanked 21 Times in 15 Posts

Re: First Week Trading Live

Good Job. Keep up the good work.
stanlyd is offline  
Reply With Quote
Old 10-10-2008, 07:25 PM   #4

JBWTrader's Avatar

Join Date: Nov 2007
Location: Adelaide
Posts: 128
Ignore this user

Thanks: 701
Thanked 53 Times in 42 Posts

Re: First Week Trading Live

Well done BG !
Great patience....

Keep up the good work

Best
John
JBWTrader is offline  
Reply With Quote
Old 10-10-2008, 09:56 PM   #5
MC

MC's Avatar

Join Date: Sep 2007
Location: NY
Posts: 533
Ignore this user

Thanks: 180
Thanked 53 Times in 41 Posts

Re: First Week Trading Live

3 years of sim...you earned it.
Congrats! Best wishes going forward as well.
If you can trade in this volatility anything else should be a cakewalk emotion wise.
__________________
Looking for a top notch market interaction & analysis blog? Visit www.TradersBase.com
MC is offline  
Reply With Quote
Old 10-11-2008, 01:33 PM   #6

TraderBG's Avatar

Join Date: Sep 2008
Location: TX
Posts: 65
Ignore this user

Thanks: 14
Thanked 6 Times in 5 Posts

Re: First Week Trading Live

Many thanks to you all for the encouragement and help. It's really just the beginning so I still have a long way to go but I'm glad I'm off to a good start.
TraderBG is offline  
Reply With Quote
Old 10-13-2008, 09:56 PM   #7

Sledge's Avatar

Join Date: Dec 2007
Location: Indianapolis, IN
Posts: 484
Ignore this user

Thanks: 285
Thanked 162 Times in 82 Posts

Re: First Week Trading Live

Quote:
Originally Posted by TraderBG »
For those who missed my first posting, I've been SIM trading for over 3 years with over 1600 sim trades taken before I went live. I mention this so any newbies don't build any unrealistic expectations based on this post. I'm simply updating those who helpfully replied to my first thread.

Thanks again
Hats off to you for having the insight to demo trade for as long as you did! Many folks try to build their learning curve with real cash from the get-go and wind up never being able to make a post about success.. as they crashed and burned long ago!

Bravo!
Sledge
Sledge is offline  
Reply With Quote
The Following User Says Thank You to Sledge For This Useful Post:
TraderBG (10-16-2008)

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading the OMNI Live with O$CAR forsearch Brokers and Data Feeds 8 12-05-2008 03:38 AM
Special Live Trading Seminar with John Carter: Trading DAX and EuroStoxx 50 KhurramNaik Futures Trading Laboratory 0 04-17-2007 11:58 AM
Different Trading Rules We Live By.... pierre Trading Psychology 3 11-04-2006 07:42 PM
Live Trading Rooms amz General Discussion 7 09-29-2006 06:28 PM

All times are GMT -4. The time now is 04:50 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.