Wednesday, August 13, 2008

The RO Report, "Spray" Edition

It's always great when you see a trader who works really hard, have their best day ever. Today, Trader C traded like an absolute lunatic, in a low volume, summer market, and kicked ass.

It wasn't easy... he swung from up $14k, to down $5k (in a matter of 30 minutes) and then back up to close at his highs of the day. In RO parlance, he "sprayed" the office, as in, marked his territory. Told everyone, "don't fuck with me" and made loot.

It was actually a good day for many traders, which I found surprising, and yes, frustrating. Out of 24 traders, 17 were positive, or 71%. 11 traders were up gross $1000 or more. I was number 15 of 24.

To give more depth to the RO, to "round it out" a bit, I've decided to list the top 5 and bottom 5 each day instead of just the top 3. Also, contact me (only serious inquiries.. email under profile) if you're interested in learning more about the RO, as in, joining my company.

Hence, DT is hiring.

Anyway, here's the numbers:

The Top 5:

1. Trader C, $27,077 on 564k shares traded.
2. Trader B, $8,726 on 428k shares traded.
3. Trader D, $7,140 on 143k shares traded.
4. Trader F, $5,720 on 180k shares traded.
5. Trader J, $4,810 on 83k shares traded.


And the bottom:

1. Trader P, -$884 on 108k shares traded.
2. Trader #2, -$710 on 30k shares traded.
3. Trader U, -$387 on 2,400 shares traded.
4. Trader A, -$323 on 310k shares traded.
5. Trader H, -$256 on 11k shares traded.

NOTE: Also, anyone interested in "guest blogging" for the last 2 weeks of August, please email me. I'm taking off.

8 comments:

Marius said...

I've probably missed it, but would you mind sharing what the "RO" actually is? I got the VO, but RO could be "remote office" or "real office" or whatever. Could you post a pointer or explanation?

Dinosaur Trader said...

marius,

Please go back through the archives and click around forever... I could use the page views.

Okay, in all seriousness, the RO is my "Real Office" meaning, these are the profits (gross) being made by traders in my office.

-DT

Danny said...

In all seriousness, kids my age have a different defintion of the word "spray." I'm sure you can guess, but I'll defer to some examples.

"Gosh, I would love to spray that bitch."

"I sprayed that bitch last night.
- NO
Oh yeah, I showed her tits where the ocean was"

"That fool is gonna get sprayed by those gangbangers over there if he keeps flashing his knot and fancy watch at the bar"

Not like your definition isn't applicable, I just thought it would be a nice discussion point.

Dinosaur Trader said...

Danny,

Interesting. Perhaps this is exactly how they mean it, but since I'm just an old man, I didn't understand.

However, your second definition, seems to suggest that getting "sprayed" by gangbangers means beat upon... sounds similar to the word I was introduced to a week ago, "washed." As in, "I'm gonna wash his ass if I see him with her again."

-DT

Danny said...

yeah the second one was a different def for the same word.

As far as washing a man's ass, I think your gonna have to declare a "no homo" following it's usage, and them I'm on board with the expression.

http://www.urbandictionary.com/define.php?term=no+homo

Stewie said...

thanks for posting these results dt. man, some of those guys are trade-a-holics!!! how can anyone trade that many shares and not pass out??!!

Dinosaur Trader said...

Stewie,

Maybe you need to join the RO and find out! ;)

I'd love to mix "Stewie" among the Trader A and Trader F types.

-DT

Stewie said...

hi DT. sounds like a great challenge but I trade my account and my partner's account together and he would definitely not dig that idea.