Did you beat mr market today

itspossible

Senior member
2,796 569
Welcome gentlemen to the thread that will keep you honest.
Lets see who walks the walk, and talks the talk.
Please post your daily profit/loss figures here.
Historic p/l figures also welcome.
Well how was your day-
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itspossible

Senior member
2,796 569
Its best to concentrate on the process of trading (following your rules) and not your daily results.

Not easy but that is the only way to last in this business.
Agreed sir and I welcome historic posts.
eg-2014
jan +£500
feb -£150
mar+£611 etc
Also yearly p/l would be good-eg
2010 +15k
2011 +13k
2012 -11k
 

itspossible

Senior member
2,796 569
For the record my experience was as follows(rough figures only)
2000 minus-5k-Traded shares during the high tech boom .
2001 plus 5.2k-spreadbeting and cfds
2002 & 2003-plus £400
13 dec 2003-Retired from the glorified casino when i was shorting the dow over the weekend of saddams capture.
A massive profit of £600 for 3yrs of trading
account size was 20k at one point
strict stops were always used
On paper it looks like a waste of time but im glad i gained the experience to be honest.
I have the utmost respect for the private trader whether winners or losers.
I enjoy the sidelines now .
 

darktone

Veteren member
4,016 1,084
Please post your daily profit/loss figures here.

I might post up some of my losing days.
Ie. I start the day averaged at 80 (X size) long, market is unfavorable, finish the day averaged at 20 (X size) booking -20 (X size).
Thats a good day! :)
 

drtro

Active member
216 21
Its best to concentrate on the process of trading (following your rules) and not your daily results.

Not easy but that is the only way to last in this business.

So much this. I wish I would have done it much sooner. I hid everything related to PnL in my platform and I've been trading much better just focusing on my risk and win percentage. Has increased my W/L from 61.54% to 73.3% and my R:R is slowly increasing. I only watch my unrealized profit/loss per share now. So even though I'm trading a 1,000 lot size for example, in my brain I'm making or losing $0.10 or so, and I try to finish the day around a dollar. Small numbers help a lot psychologically, especially when increasing my share size. It can mess with you seeing -$400 unrealized when you're used to seeing -$40, despite both being the same loss per share. I keep a general idea of my PnL in my head as I trade during the day, but I only check my PnL at the end of the week now when I conduct my trading report.
 

barjon

Legendary member
10,705 1,809
£0, £0, £0, £0, £0
£0, £0, £0, £0, £0
£0, £0, £0, £0, £0
£0, £0, £0, £0, £0

Been on holiday for four weeks :D
 

FX-Mike

Newbie
3 0
+8.1% with 2 short trades in the euro 50 index
 
 
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