Wednesday, January 21, 2009
After a few choppy weeks to begin the year, it appears that the good times are back.
The RO kicked ass today, demolishing all other prop firms in the process. Take a look around you tomorrow when you go to trade at your "third-tier" shop. See those guys? A bunch of losers they are. We've got all the winners over here... it's almost unfair.
Of course, it helps that the market broke out at around 1:30 and never looked back. Nice clean closes these past couple of days, reminiscent of the autumn. We were afraid they were gone forever. I'm sure some of the guys in your office did okay too...
Anyway, you know how I like to talk about perspective. If you got some perspective these last couple of weeks, cherish it... If you've made a little money these last couple of days, respect it...
Always remember that your job isn't only to make money, but to be in control of your emotions and expectations. The good times come and go, as do the bad. Always remember, this too will pass... so, after that speech, we will humbly accept (granted, I talked a little smack) these gains and see what tomorrow brings.
Out of 29 traders today, 25 were gross positive, or 86%. 17 traders made over $1,000 gross and only 2 lost over $1,000. Nice, solid numbers. I was #12 of 29. Underperforming, but okay with that, since I had some awful overnight positions that I had to overcome.
"Lucky Pierre" - Trader B, $40,983 on 911k shares traded.
2. Trader Z, $27,577 on 380k shares traded.
3. Trader F, $16,770 on 262k shares traded.
4. Trader C, $11,165 on 405k shares traded.
5. Trader N, $9,409 on 166k shares traded.
"Chambermaid" - Trader 7, -$2,293 on 32,000 shares traded.
2. Trader D, -$2,024 on 286k shares traded.
3. Trader I, -$676 on 12,200 shares traded.
4. Trader T, -$127 on 7,600 shares traded.
5. Trader U*, $2 on 0 shares traded.