Friday, October 31, 2008

The RO Report, "Monsters Are Gay" Edition

I have to go fill a fire extinguisher with urine and spray old ladies. The RO post will be up later. The office did well.

UPDATE: Okay, back from hordes of screaming children and I'm still alive. My daughter has already worked out which piece of candy she'll be eating each day from here until Christams. Not a bad take...

Anyway, it was kind of a crappy trading day early on. We muddled around on little volume and melted higher. But the last 20 minutes were insane. We traded nearly a third of the entire day's volume in the last 20 and were treated to a nearly 200 point tank, followed by a 150 point rip.

Many traders were down before that last 20 and managed to finish the day significantly higher. "Trader P," while not on the boss list, made back a 6k loss. "Trader Z," made back a 5k loss and worked his way high onto the boss list.

It proves a lesson of trading... you gotta stick with it. You should never go on tilt and overtrade, but lately, the market normally gives you a chance to get it right. This isn't a market to give up on.

Anyway, out of 25 traders, 19 were gross positive or, 76%. The top 10 traders all made over $1,000 gross, while the bottom 3 all lost over $1,000 gross. That's a pretty solid way to finish the week. I was #10 of 25, or very happy considering my lame morning.

Here are today's Bosses:

"Lucky Pierre" - Trader B, $19,985 on 408k shares traded.

2. Trader C, $14,282 on 119k shares traded.
3. Trader Z, $14,276 on 117k shares traded.
4. Trader F, $11,120 on 123k shares traded.
5. Trader E, $8,922 on 176k shares traded.


And the Manservants:

"Chambermaid" - Trader T, -$1,313 on 4,100 shares traded.

2. Trader D, -$1,107 on 164k shares traded.
3. Trader X, -$1,097 on 26,000 shares traded.
4. Trader 3, -$616 on 6,800 shares traded.
5. Trader R, -$68 on 0 shares traded.

2 comments:

SBTrades said...

Here are the results for the last 4 weeks (October), which I had been putting into a spreadsheet.

http://spreadsheets.google.com/pub?key=pytsHSZAj93VcYHr6l3VKbg

Remember to look at the charts by clicking on the links at the top, as it was the monthly totals and performance over time that I was most interested in, rather than the one off up or down days.

Clearly this month there were two out-performers, Trader A and B, the rest of them sucked :-) joking.

This is the last time I will be doing this, as quite frankly it is far more work for me, than if DT would cut and paste them into the spreadsheet himself.

If anyone is interested in taking over the spreadsheet and tracking the performance, feel free to request access to the spread sheet and add the numbers, or export the document and continue themselves. I only takes about 2 minutes each day to type the numbers in.

The job of tracking the performance has served its purpose for me, and was useful. I do not know that anyone else found it useful. If you did, you might like to continue to track it and do the work.

Here is the link to September results.

http://spreadsheets.google.com/pub?key=pytsHSZAj93WuLomZzXQqMg

Dinosaur Trader said...

SB,

Nice work with the charts. The problem for me is that it's not as simple as cutting and pasting, because I have names to delete and monikers to add, and shit like that.

For now, I'll be sticking to integrating the top and bottom 5 into the RO post. Perhaps eventually, I'll get into posting them all. I like the idea, I just don't feel like formatting shit.

Thanks,

-DT