The RO Report, "Nursery" Edition
Today was our daughter's first day of nursery school, so I was in and out all day, unable to really focus on trading. I've said it many times before, I tend to hate days where the market gaps up or down big, because it almost always puts me in "counter-trend" mode, which isn't my favorite trading stance.
Anyway, it was a mixed day in the RO. A number of traders had solid days, but there were also a couple of large losses in the mix. Had the market not rallied strongly in the last hour it would have been a complete disaster for the bulls as the early morning gains of +350 on the Dow were almost completely wiped out at one point.
Out of 21 traders, 13 finished positive, or 62%. 10 traders finished up over $1000 gross. I was number 10 out of 21 today, so again, I had a solid day.
Here's the top 5:
1. Trader Z, $19,959 on 261k shares traded.
2. Trader D, $11,514 on 354k shares traded.
3. Trader E, $9,270 on 434k shares traded.
4. Trader N, $6,461 on 40,600 shares traded.
5. Trader L, $4,031 on 52,000 shares traded.
And the bottom:
1. Trader F, -$27,046 on 236k shares traded.
2. Trader B, -$18,105 on 1 million shares traded.
3. Trader H, -$2,167 on 10,800 shares traded.
4. Trader M, -$1,934 on 100 shares traded.
5. Trader A, -$1,032 on 88,200 shares traded.
8 comments:
Minus $27,000?
I think I would drink myself into a drunken stupor for the rest of the month.
Did he buy UAUA and sold at the bottom? By the way, anyone thinks the UAUA thing is an accident? I really doubt it.
the only way to make money today was to fade the open in large size. it was a fluke gap up that reaped large $$$ for those that pulled the trigger. I had my eyes on short positions in commodities but found covered for average gains but it could have been a block buster day with a little more patience. It was a very strange and eerie day and it felt like a DOW down 400 not up 300.
Dog,
While -$27,000 must smart, take a look back and you'll see it's less than a normal week of profit for the guy.
-DT
Win,
As far as I know, UAUA was largely missed by the traders in my office, which is odd.
And speaking of odd, I agree with you Stewie, today was an eerie day. However, the rally at the end probably did more to scare the bears than the selloff from 350 did to scare the bulls.
-DT
DT it seems like your numbers have been really building lately; congratulations - I've noted a few RO reports where it sounds like your stackin 10 bennies...
good trading!
DT,
Do you know how many years, on average, the RO traders been trading?
Just curious how long it took for some of these guys to build up to these levels.
Dog,
A couple of the bigger traders (A and B for example), have only been at it for a couple of years. Others, like Z and D have been at it for 7 or 8 years.
-DT
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