Wednesday, September 10, 2008

The RO Report, "Smokefest" Edition

It wasn't always ugly for the RO today. At 3pm, a few traders were up over 10gs, and yours truly was comfortably up over a grand.

The problem was everyone was exposed to the long side. When the market sharply reversed, so did our fortunes, and drastically.

I'm particularly upset by my reversal, if only because I've been waiting for the bounce on these commodity and oil stocks. It's how I made my money early in the day, but once I closed those early positions, I had a hard time regaining good prices, and got chopped. Going into tomorrow, I don't have much conviction in either direction, and fear a consolidation day.

Anyway, here are the numbers. Out of 22 traders, 8 were positive, or 36%. I was number 6 of 22, gross positive, net negative.

Here's the top 5:

1. Trader N, $6,792 on 45,000 shares traded.
2. Trader B, $4,881 on 876k shares traded.
3. Trader G, $2,624 on 74,800 shares traded.
4. Trader L, $1,368 on 44,400 shares traded.
5. Trader H, $222 on 4,400 shares traded.

And the bottom:

1. Trader Z, -$19,569 on 283k shares traded.
2. Trader F, -$11,209 on 198k shares traded.
3. Trader D, -$9,589 on 217k shares traded.
4. Trader 1, -$3,788 on 27,200 shares traded.
5. Trader V, -$2,136 on 58,200 shares traded.

See you tomorrow.


Jorge said...

FX said...

On a bright side this is perhaps your best day on RO top list being number 6, you almost made it in the top 5 ;D