Trader P/L 2010

[bathrobe 10]

Now that is a nice "show and tell" when you bring the ladies by the house. "Check out my signed Goldern Girls script." :rofl:

 

That is awesome! Thanks for sharing that Bathrobe.

 

Well, he is graduating on 5/16 and moving out so who knows maybe I will end up missing it? After all, what 30 year old girl does not want to be the next Betty White? She plays football now. She's pretty tough.

[kuro 10]

Well done, those are good entries Kuro

 

Yet, about a year ago I made a personal loan and traded a smaller acct. for a while and went back to taking a tick to a point and when I was re-paid my trading went back to my style rather quickly. That is why I feel the Race is a good idea; for me it forces me to make correct decisions when it comes to R/R.

 

Christopher

 

Thanks, those were two of my better entries. I took NO heat on either of them which is rare.

 

A long, long time ago, when I was swing trading a lot larger account ( Not futures ) , my better half would freak out over the P/L fluctuations on the screen from second to second. It didn't bother me because I had the account to take a hit then. I am trading SIM, but I trade just as I did when I was trading live emotionally , but the smaller account I am trading now just messes with me.

 

I will just have to grind it out until I get the account size to where I can trade 2~3 contracts. That is an account size where I feel comfortable, not just by daytrading margins.

[kuro 10]

This is an image from the first two days. I usually do my performance for the week for myself, so I think I will start posting what I normally look at during the day. Well, I actually don't look at my P/L until near the end of the day.

 

Monday I had a crappy day, I set my NinjaTrader ATM on my DOM, but didn't set it on Chart and I entered the first trade of the day on the chart and without out an ATM I had a one tick reversal and lost 10 ticks before I closed it. Blah. Such is life.

 

Anyway, two days , down 13 bucks after comms.

[kuro 10]

Well, I had a better day today. A nice choppy day suits me fine. I had two really easy trades right off the bat and I was up 6 points. I thought I would get more aggressive since I had a little wiggle to play with. But instead I became more cautious and started scratching trades and that is when I just called it a day. So far this week +289

[kuro 10]

Hmmm ... the last three posts in this thread are mine. I guess this thread is dying.

[Dinerotrader 10]

Hmmm ... the last three posts in this thread are mine. I guess this thread is dying.

 

Its been struggling for a while but at this point just post if you find it useful for your progression. I am sure I will be posting regularly again to it but I got caught up on some method changes again and I don't like to post when I am experimenting instead of trading to maximize daily gains. Post if it helps you. I always found that it helped me.

[f355 10]

Quiet here, maybe we can revive things, looks like the race (which seems the opposite of professional trading) has taken over.

 

Sim.

[method 10]

Hi kuro, could you explain how to get the volume to show in NT charts?

[kuro 10]

Hi kuro, could you explain how to get the volume to show in NT charts?

 

In NT Volume is an indicator. So look for the VOL indicator, add that and 'Bob's Your Uncle'

[Dinerotrader 10]

SIM

-$380

 

 

 

Well, I finally got most of my new system down so I am going to start posting my daily results again. I was up $490 today at one point and then just got bulldozed by the trend. I won't be using a "stop trading after X number of losses" for a couple weeks and then I expect to start using such a rule. I am only trading oil. My hope is to get back to live trading in about 6-7 weeks.

[Dinerotrader 10]

SIM

+$398

 

 

 

Crappy day. Tons of entries. Posting to this thread always adds more emotional strain so that was good.

[Dinerotrader 10]

SIM

+$26

 

 

 

Didn't have much time to stay in front of the screen today.

[Dinerotrader 10]

SIM

+$260

 

 

 

Kept missing possible entries today. Still switching between different time frame charts trying to figure out what works best. Win rate still not very good.

[MadMarketScientist 11]

Congrats on putting it out there and posting your results. Takes guts to do since not every day is going to be pretty -- but might go a long way in helping you stick to your system with discipline. I look forward to more. Thanks for the contribution.

[brownsfan019 17]

Congrats on putting it out there and posting your results. Takes guts to do since not every day is going to be pretty -- but might go a long way in helping you stick to your system with discipline. I look forward to more. Thanks for the contribution.

 

Steven,

I brought the idea over from ET and started this thread initially. As with many threads, it was popular at first and then just a couple posted - much like the race thread now.

 

The goal of the p/l thread is listed here. The biggest difference between the p/l thread and the race IMO is that there is no silly goal at the end of this thread. It's about posting for discipline and accountability.

 

It's nice that Dinero is posting again and I may join him again if I feel like getting back into the daily posting effort. In the meantime, it would be nice if others such as yourself and anyone else reading joins Dinero as this thread is about daily accountability and consistency; not leveraging your account to the max and swinging for the fences.

[MadMarketScientist 11]

brownfan - yes, sounds like a great idea -- I can see it was super popular and trailed off a bit but let's bring it back.

 

I will try to come in here and post on occasion as well, especially when anything interesting happens in my trading.

 

Here's my Thursday trading -- ended well but intraday I had a fairly large drawdown going at least compared to my normal -- I was down as you can see about 5% on the account, and what saved me was some great trading after the 11am Crude inventory report - up to that point it was rough going - I had a number of profane things to say about my trading until it all turned around.

 

Friday for me was a perfect day -- Dax, Crude, forex futures -- though of late this is more of an exception, I'd say over the last couple of weeks I'm below my averages though fingers crossed the last couple of days rebounding is a good sign that I might be pulling out of it.....hopefully....

[Dinerotrader 10]

SIM

+$114

 

 

 

Great movements today on oil. Didn't capture much of it but still learning. Price came up at the end of the day to that big 72.40 level I posted on JonBig's thread about and turned right around for a pretty big move. I chickened out at +25 ticks but it was a good reversal.

[MadMarketScientist 11]

Nice job Dinerotrader!

 

I had a similar result today with Crude/CL. Since late last week it has been doing great, and has pulled me back to a new equity high after a drawdown since we rolled into the July contract. Right now, knock on whatever it's back to normal. I traded Dax Futures today as well, and have a rule not to take a trade during their lunch hours in Europe.....oops, that was a great trade so I missed some profits there but I have to stick to my rules. I lamented it for a few minutes, snickered a bit then reminded myself it's part of my trade plan. These are the things that get people to derail from their plan - when it isn't perfect but I've learned the hard way to remain stubborn with my rules. They pay off in the longer term. I also put on a forex trade but it's still open and outcome undertermined....

 

[daedalus 10]

MadMarket - Just curious what kind of size you were trading with? Are these results on 2 lots getting 150 ticks a trade or on 10 lots getting 30 ticks?

 

Great trading BTW. Glad someone with your kind of success has taken over this place rather than some generic forum ownership conglomerate!

[MadMarketScientist 11]

daedalus,

 

Good questions. I'm trading on CL 5 contracts total -- I trade 3 with one entry point, and 2 with another. The strategy I use is similar, I just enter at different places - helps to smooth my equity curve because some days one is very good, the other lousy and it kinda smooths it out. On the Dax right now just 1 contract since it's a hefty $25 EUR per point and while I can make $1,000 Euro in a day that means I can lose that as well so right now just 1. Forex usually 1 full size or 1 futures contract.

 

No big forum conglomerate here, just like you real traders. You'll see I'm sure some of my bad days coming up as well but thankfully I usually have more good than bad.

[MadMarketScientist 11]

Just getting around to posting my outcome from today -- had a big one -- lost $2.50

 

Dax was positive, Crude was negative - actually I trade my Crude two ways, and one was really good, the other wasn't but that's why I like to use the two different timeframes. I've found that smooths out my results some as the more I tested them, I realize that on a give day/week/month one might outperform the other and vice versa. By splitting it, I get a smoother equity curve. Sometimes it doesn't spike up as quickly as it could if I used just one timeframe, but then again I limit my drawdown as well. Tomorrow is always interesting because of the weekly Crude report -- I trade before it drastically different than after.

 

[cable.trader 10]

gbp/usd trades for Tuesday ...

[MadMarketScientist 11]

Nice job cable.trader -- looks like you got hot today at the right time and really picked it up especially into that last trade. Well done and thanks for sharing.

[MadMarketScientist 11]

Forgot to post yesterday so below is my combined two day trades. I cleaned up on the long/buy side in the markets I trade, but not so much on the short side. Still came out solidly ahead over the two days though it wasn't as clean/easy as late last week/early this week. I did make one mistake missing a great long move on the Dax futures so have some regrets as it was a $2,000+ trade but unfortunately I've learned to basically beat myself up over my stupidity for about 5 minutes then move on. It used to be for 5 hours

 

[MadMarketScientist 11]

Solid end to the week for me which is important psychologically. I hate losing Fridays and you have to wait the weekend. Nice trading on Crude and forex, the Dax I lost on today that account for my loss. I need to remember contract rollover I believe next Friday on the Dax. Forex futures just rolled over this week and Crude probably has about a week to go in the July contract.....I'm sure the rest of you who trade eminis rolled this week.