Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

brownsfan019

Trader P/L 2009

Recommended Posts

bf,

 

Like oil on inventory, wouldn't you add bonds on payroll Friday? I've seen 1/2 point blasts or tanks in seconds in the past. jmho

Share this post


Link to post
Share on other sites
How do you post the P/L directly to the post so we can read it rather than switching back and forth? Thanks

 

Host the image somewhere else, then use the "Insert Image" button when you're writing the post.

Share this post


Link to post
Share on other sites

... tumbling down the rabbit hole.

 

Wednesday trades:

picture.php?albumid=25&pictureid=57&thumb=1

 

... but there's a light at the end.

 

Thursday and Friday trades:

picture.php?albumid=25&pictureid=58&thumb=1

 

I figured out what I did wrong. I made some adjustment 2 weeks ago that corresponded

with my performance deterioration. Could not be a coincidence. I rolled back

the change with immediate positive feedback (Th and Fr pnl)

Important thing, I kept the losers small, preserved the capital, and worked hard trying to understand why .

 

Good Luck.

Share this post


Link to post
Share on other sites
bf,

 

Like oil on inventory, wouldn't you add bonds on payroll Friday? I've seen 1/2 point blasts or tanks in seconds in the past. jmho

 

 

Bonds can and do move quickly but stops are pretty much honored there (minimal slippage) whereas on oil your stop market can turn into a nightmare quickly. Basically I am willing to take trades on markets where news will be impacting them if my stops can hold for the most part. That does not apply on oil for sure.

 

 

How do you post the P/L directly to the post so we can read it rather than switching back and forth? Thanks

 

This post shows you how to do it directly on TL.

Share this post


Link to post
Share on other sites

6-8-09

attachment.php?attachmentid=11210&stc=1&d=1244484911

 

 

So this is what the 6E felt like today...

 

 

smiley-angry015.gif

 

 

Not sure how much cussing would be tolerated here, so we'll leave it at that. Definitely not in sync w/ the 6E today.

6-8-2009.png.83f2a5dedda5f3db96a1519d21a1a1a4.png

Share this post


Link to post
Share on other sites

So this is what the 6E felt like today...

 

 

smiley-angry015.gif

 

Brownie,

 

That is one of the funniest emoticons I have ever seen - and I know that feeling well.

 

Sorry you had a bad day with the 6E, but thanks for making me laugh (at the emoticon, not at you!).

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

Ok, sorry I was called away today and did not trade real, only sim...... High number of trades at 21, but there were 4 or 5 at even. I was up but let myself get smoked by that run late in the day for 3 losers in a row but I fought back and ended up $505. all 2 contract YM trades. No real excuse for the 3 losers, it was late in the day and I was way up so I got cocky and didn't expect that rally to just keep going.... I kept trying to get short for a pull back but it just kept going. I like to tell myself I would never enter trades like that for real..... Anyways back again tomorrow.

Share this post


Link to post
Share on other sites

Hi Folks,

 

Three Trades, two stocks: CEPH +49 pennies and - 10 pennies, and DTV + 41 Pennies for a total +$0.80/share traded.

 

I also took a small ES trade for +6.25 points

 

Best Wishes,

 

Thales

5aa70ee316fab_6-6-2009Trades1.jpg.6e686319b260d47f9bb0562c99bccec1.jpg

Share this post


Link to post
Share on other sites
Nice recovery Brownsfan!

 

Thanks Robert.

 

A few things to note for today's performance or lack thereof:

 

1) Good thing I am trading multiple instruments b/c if I was 100% all-in on the 6E, it would have really hurt today.

 

2) It should be noted that the way OEC's software breaks out the trades is by market, not necessarily the order in which they appeared. In other words, my real-time P/L did not drop on the 6E trades and then bounce back on the others. The others were scattered in between that 6E mess. If anyone is using OEC and knows a way to get a report based on the time of the trade vs. grouping by markets, please post here.

 

3) The rebound to get back to close to break-even on this day was a result of believing in the system, trading it and trading multiple markets. I knew that the odds were that while the 6E was the market to avoid today in hindsight for me, the others still had a 'clean slate' there and could make up for it.

Share this post


Link to post
Share on other sites
Noticed a 3 bar reversal setup I usually take in the indecies, bought at $37.28 exited at $37.99 a rare stock paper-only trade for me.

 

[ATTACH]11234[/ATTACH]

 

Very nice, BR, very nice - you caught what I call a runner where the price established a progression of higher natural stops from your entry point until your exit just prior to the close.

 

If you were to trade stocks that way, you'd likely capture a good number or such trend day moves where a stock puts in its low/high of the day early in the session and then closes at or near the opposite end of its range)

 

I took the liberty of marking up a chart showing how I would like to imagine I would have managed my stops as the stock moved higher in price. Green line is at your entry point, and the red lines are where I would have placed my stops.

 

You will notice that my initial stop would not have been under the LOD, but rather under the subsequent bar (presumably bar 3 of what you call a three bar reversal). I would do that for two reasons: 1) the risk between you entry point and a stop below that low would have been 69 cents, which is more than I would risk for a stock in ORLY's price range, and 2) as this was a three bar reversal, then trade beloe the low of the bar that set up the trade would, presumably, bring the "reversal" into question; and I'd want to be out at that point.

 

Great job! When you come up with others, if you are able to do so, please take a screen capture as the trade is developing or soon after it would trigger. I always have an easier time "seeing" the opportunity after the fact, and I like to train myself to see what the opportunity looks like as it develops.

 

Thank you for sharing this chart with us!

 

Best Wishes,

 

Thales

5aa70ee3a83f7_6-6-2009BathrobesORLYTrade1.thumb.jpg.70ce1a3e3e7ea2d95e9c1920102afcf6.jpg

Share this post


Link to post
Share on other sites

-200, today.

 

I have a plan that works.. but sometimes the markets are slow and I'm looking for new things.. and just backtest a few days.. THAT'S DUMB!

 

That's why I did get a loss :(

Share this post


Link to post
Share on other sites

Just got back into trading today and here are my results:

0609.thumb.jpg.98d1f3e02d4f624f436ab30691872c9a.jpg

 

I hit sell instead of buy on one trade and should have fixed it immediately but stubborn i held on turned into a small loss but could have been at lot worse. No time to post charts today i'll try tomorrow.

Share this post


Link to post
Share on other sites

Tuesday June 9th. 1 trade late in day, short. +1750. Taking rest of week off, turning 30 Saturday, it may not sound old to you but it is kind of freaking me out. :shocked:

 

I would like to move into trading stocks as well maybe in July. I have been looking at software for scanning and ran across Trade Ideas which looks good, and is very robust.

 

By the way all of my P/L is before commissions.

 

Chris

Share this post


Link to post
Share on other sites

Ok, I had to go to work today so I only managed some sim trades again. 15-2 contract YM trades for a profit of $335. no or very small losers but there were 10 in all that were either small lose or even, I kept jumping in and out of trades. 5 were good winners. Tomorrow is another day. Good luck Gentlemen.

Share this post


Link to post
Share on other sites

Ok, just sim again, 20 trades 2 YM, 3 losers, 7 at or near even and 10 winners for a phoney baloney profit of $725. This would look a lot better if there weren't so many even trades. But still that is 60 real points, well not 'real' points... lol lol.

Share this post


Link to post
Share on other sites

well i didn't trade all day except for a stupid decision after the market closed. I shorted anticipating a sell off before 4:15 , well I was down $150 and my girlfriend falls down the stairs and I get up, with less than a minute to see if she was alright and didn't make it back. She i was O.K

 

So I made multiple mistakes:

Traded outside my hours with out my time stop.

Had time to get out before I went to help.

Could have gotten out after the market reopened. loss $250

It came back down. Loss $175 Could have gotten out then.

Traded against the trend.

Shorted against buy signals, 3 of them.

Moved my normal 2 point stop.

Etc... Etc.....

 

This lesson cost me $500 plus commissions.

:crap::crap::crap:

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • ACAD Acadia Pharmaceuticals stock watch, pull back to 16.15 triple+ support area with bullish indicators at https://stockconsultant.com/?ACAD
    • WGS GeneDx stock, nice rally off the 70.67 support area, watch for upcoming breakout at https://stockconsultant.com/?WGS
    • Date: 25th November 2024. New Secretary Cheers Markets; Trump Trade Eased. Asia & European Sessions:   Equities and Treasuries rise, as markets view Donald Trump’s choice of Scott Bessent for Treasury Secretary as a stabilizing decision for the US economy and markets. Bessent: Head of macro hedge fund Key Square Group, supports Trump’s tax and tariff policies but gradually. He is expected to focus on economic and market stability rather than political gains. His nomination alleviates concerns over protectionist policies that could escalate inflation, trade tensions, and market volatility. Asian stocks rose, driven by gains in Japan, South Korea, and Australia. Chinese equities fail to follow regional trends, presenting investors’ continued disappointment by the lack of strong fiscal measures to boost the economy. The PBOC keeps policy loan rates unchanged after the September cut. US futures also see slight increases. 10-year Treasury yields fall by 5 basis points to 4.35%. Nvidia dropped 3.2%, affected by its high valuation and influence on broader market trends. Intuit fell 5.7% after a disappointing earnings forecast. Meta Platforms declined 0.7% following the Supreme Court’s decision to allow a class action lawsuit over the Cambridge Analytica scandal. Key events this week: Japan’s CPI, as the BOJ signals a possible policy change at December’s meeting. RBNZ expected to cut its key rate on Wednesday. CPI & GDP from Europe will be released. Traders will focus on the Fed’s November meeting minutes, along with consumer confidence and personal consumption expenditure data, to assess potential rate cuts next year. Financial Markets Performance: The US Dollar declines as US Treasuries climb. Bitcoin recovers from a weekend drop, hovering around 98,000, having more than doubled in value this year. Analysts suggest consolidation around the 100,000 level before any potential breakthrough. EURUSD recovers slightly to 1.0463 from 1.0320 lows. Oil prices drop after the largest weekly increase in nearly two months, with ongoing geopolitical risks in Ukraine and the Middle East. UKOIL fell below $75 a barrel, while USOILis at $70.35. Iran announced plans to boost its nuclear fuel-making capacity after being censured by the UN, increasing the potential for sanctions under Trump’s administration. Israel’s ambassador to the US indicated a potential cease-fire deal with Hezbollah, which could ease concerns about Middle Eastern oil production, a region supplying about a third of the world’s oil. Russia’s war in Ukraine escalated with longer-range missile use, raising concerns about potential disruptions to crude flows. Citigroup and JPMorgan predict that OPEC may delay a planned increase in production for the third time during their meeting this weekend. Gold falls to $2667.45 after its largest rise in 20 months last week.Swaps traders see a less-than-even chance the central bank will cut rates next month. Higher borrowing costs tend to weigh on gold, as it doesn’t pay interest. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • SNAP stock, big day off support at https://stockconsultant.com/?SNAP
    • SBUX Starbucks stock, nice breakout, from Stocks to Watch at https://stockconsultant.com/?SBUX
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.