Friday, October 3, 2008

The RO Report, "The Close Sucked" Edition

In the last few weeks, probably 80% of the RO's profits have been made in the last hour and a half each day. The last couple of days has seen a straight reversal of that trend.

I would have been a boss today, had I not traded the close... ah well, next week I will be trading a little more cautiously. The bailout news is behind us. Now it seems, we're waiting on a possible surprise rate cut.

"Trader B" schooled the RO today. From now on, whenever the top boss just completely outperforms the rest of the group, I will ask them to pick the evening musical selection.

Anyway, it's Friday, let's get right to it. Out of 21 traders today, 12 were gross positive, or 57%. I think the RO is turning into a pretty good indicator for judging the trading environment. When 75% of more of the traders are gross positive, shit is on. I was #10 of 21. Positive, but frustrated by a huge giveback. The office was up today, so the Bosses are back on top.

Have a good weekend.

Here are today's Bosses:

1. Trader B, $48,545 on 853k shares traded.
2. Trader D, $18,006 on 256k shares traded.
3. Trader K, $9,324 on 163k shares traded.
4. Trader O, $1,525 on 17,800 shares traded.
5. Trader L, $651 on 94,200 shares traded.

And the Manservants:

1. Trader C, -$30,051 on 658k shares traded.
2. Trader F, -$6,336 on 170k shares traded.
3. Trader R, -$4,226 on 78,944 shares traded.
4. Trader E, -$3,563 on 81,400 shares traded.
5. Trader Z, -$2,758 on 156k shares traded.


ShortBus said...

Here are the results from September in spreadsheet form.

You can also view the three charts by clicking on the links at the top of the spreadsheet.

$2.6 million earnt by the RO for the last 4 weeks. Trader H has been digging himself a hole, and traders D and B are legends in the making.

October gets a new spreadsheet.

ShortBus said...

Link to results in Spreadsheet and charts format

Dinosaur Trader said...

Nice work, SB.

I haven't had the motivation to fill in all the blanks, but it's cool to have the spreadsheet like that.


MarioM said...

Very impressive you guys ever talk about trade style or trade setups? Trading remote is a lonely business for sure. Would love to have a place to discuss trading ideas.


T said...

Thanks dinosaur trader for starting this blog and shortbus for putting all the numbers in a spreadsheet.

These are really crazy numbers. I wouldn't complain if I can pull in in a year what some of these guys did in one day.

High as these numbers are, the actual numbers might be higher because on days they didn't make the top-5, their numbers weren't listed and tabulated.

Maybe DT should list honorable mentions on exceptional days.

Dinosaur Trader said...


Email me if you want more info on my office.


While the numbers have been ridiculous, things will slow down again. It's an important thing to keep in mind, because traders should always be saving for the slow times. I'm a perfect example... because I saved when things were going well, I was able to keep at this job even though I've been in a two year slump.